Financing vs Leasing?
Leasing vs Financing Options
Discover the best way to drive your new Hyundai. Compare flexible leasing plans with traditional financing to find your perfect fit.
Leasing vs Financing Comparison
| Leasing | Financing | |
|---|---|---|
| Monthly Payment | Typically lower | Typically higher |
| Term Length | 24–60 months | 36–84 months |
| Mileage Restrictions | Yes (16,000–24,000 km/year) | No |
| Ownership | Return or buy at end | Full ownership |
| Customization | Limited (must return in original condition) | Unlimited |
Frequently Asked Questions
Which option has lower monthly payments?
Leasing typically offers lower monthly payments since you're only paying for the vehicle's depreciation during the lease term, rather than the full purchase price.
Can I buy my leased vehicle at the end?
Yes! Most Hyundai leases include a purchase option that allows you to buy the vehicle at its predetermined residual value when the lease ends.
What credit score do I need?
Both leasing and financing typically require good credit, but we offer options for various credit situations. Our finance team can help find the best solution for you.
Ready to find your perfect Hyundai?