September 21st, 2015
If you’re like many drivers, you’re likely to eventually find yourself in a position where you need to acquire a vehicle but shopping for a new car simply isn’t in the cards. Even if you can’t finance a new vehicle at the moment, though, you’re not out of options.
At our new and used Hyundai dealership in VA, we have a wealth of experience when it comes to breaking down your choices when you need to get a new – or new-to-you – car. For shoppers who are looking to operate within a particular budget, the choice often comes down to either leasing a new model or shopping for a used one.
Both of these routes have their own unique perks, and in the end it can often be a matter of personal preference. Depending on your financial situation, though, shopping for a pre-owned model is frequently the more affordable option long-term.
When you lease a vehicle, you are essentially paying a monthly cost to cover the fraction of the vehicle’s value that you’re using. At the end of your lease, you typically have the option to buy out the remainder of the car’s value; if you opt to return the vehicle, then ownership remains with the dealership.
For those who prefer to switch for a new model every few years, leasing can be the perfect choice. It’s also an attractive option if you’d like to spend a significant amount of time behind the wheel with the potential to purchase the vehicle later on.
Because automobiles depreciate most quickly during their first few years on the road, though, used cars are more likely to retain a larger portion of their value after the time of purchase. Combined with the valuable opportunities of our used Hyundai specials in VA, this can give drivers the perfect opportunity to get their money’s worth.
If you’re ready to slide into a quality pre-owned vehicle, then the next step is to contact us to schedule a test drive. If you’re still not sure whether you’d like to buy or lease, then we invite you to call the Pohanka Hyundai of Fredericksburg team at (800) 764-2652 to learn more about your options! We look forward to seeing you behind the wheel.