Buy vs Lease near Pomeroy, OH

Whether you're new to the vehicle acquisition experience or simply need a refresher course, we at Don Wood Hyundai are here to provide you with the details of buying and leasing. Your choice boils down to your current needs, future goals, and budgetary constraints. We want you to make the right decision, so contact our Finance Department near Pomeroy when you're ready to get started. Who Would? Don Wood!

Starting with the traditional route to securing a car, chances are you or someone you know has purchased a vehicle before. Otherwise known as financing, this path allows you to gain sole ownership of the car once you pay off your final installment. Since covering the full cost upfront isn't realistic for most people, our team will help set you up with a competitive loan through our trusted network of lending professionals. This will allow you to split up the sticker price over a four- to seven-year period, so you can slowly put a dent in the price through monthly increments. Plus, you can lower your installments and interest rates through a sizable down payment. To get a jumpstart on the process, use the online Finance Application. 

Are you searching high and low for short-term flexibility? You'll be able to access exactly that while driving down Mulberry Avenue through a lease. These agreements are akin to borrowing, since you'll have the Hyundai temporarily in your possession for two to four years. Since ownership isn't the end game, we will only ask that you foot the bill for the car's anticipated devaluation while it's in your possession. This dollar amount is contingent on your annual mileage, which makes it perfect for people that rarely drive or only take short trips down Union Avenue. You can also upgrade to a brand-new model when your term expires to experience the newest driving features. Or, you can use a lease as a trial period to determine if you want to keep the vehicle for good. Are you moving to a metropolitan area soon and only need a car for a short timeframe? You'll have the ability to simply return the keys and walk away with no questions asked. 

No matter which route you take, it's important to be able to get the best deal possible. To secure your dream model, we highly recommend using your current vehicle as a trade-in to offset the cost of your prospective model. To receive a high appraisal, we recommend getting the car's routine maintenance completed to make sure it's running at an optimal level. Then, it'll be a good idea to get the inside and outside of the vehicle cleaned. After all, a pristine car is more likely to yield a higher offer. If you'd like to get a ballpark estimate now, use our Value Your Trade tool!