At Keyes Hyundai, we get a lot of questions about our Hyundai leases. This concept has only been growing in popularity in recent years, and many local drivers have found it to be the best compromise for them on getting the brand new car they want with less commitment and a low monthly payment.
How to Lease
Leasing is a fairly straightforward process. Pretty much all of our new cars are available for leasing, so you have a wide variety to choose from. Once you have an idea of the type of vehicle you’re looking for, you’ll fill out our application to see if you are eligible to lease and what your monthly payments would be.
There’s not much downside to leasing, but since you don’t technically own the vehicle, there are some stipulations you’ll need to follow regarding maintenance and mileage. Leasing can be great for those on a smaller budget because you can get a brand new vehicle for a lower price than that same vehicle would be per month if you were buying.
How to End a Lease
Another reason people lease is because it’s a temporary commitment. If you don’t know what car you’re going to want six years down the road, it’s great to have an extended trial period before making that decision. At the end of the lease, which is usually 24 or 48 months later, you have a few options:
- You can return the vehicle and lease another
- You can keep the vehicle and make payments toward ownership
- You can return the vehicle and walk away no strings attached
As your Hyundai dealer serving the population of the greater LA area, we’ve got your back for leasing, service, and everything in between.
