Close Buy vs Lease near Rockville, MD
If you’re a Rockville resident who has been eyeing a particular vehicle, you may have been weighing the pros and cons of various financing options. At Pohanka Hyundai of Capitol Heights, we want all of our customers to be informed about their choices. Keep reading to determine if buying or leasing is right for you!
Buying
The key benefit of buying is that it results in your full ownership of a vehicle. Once you’ve paid the sticker price in full or have completed your monthly payment plan, you’ll be able to drive your Hyundai TUCSON, ELANTRA, or SANTA FE with a sense of freedom and peace of mind. Additionally, if you wish to add any accessories, decals, or even a new coat of paint, you’ll be able to do so. Although buying can be quite expensive — particularly if you’re shopping for a new model — it is well worth it for individuals who have been saving for a while and who often travel well beyond local places like Welsh Park.
Leasing
As opposed to buying, leasing gives you access to a new vehicle for a limited amount of time, which is often between two and four years. Because you’ll essentially be renting the vehicle, you won’t be responsible for paying the full sticker price. Your monthly payments will be quite low, and you can save even more money by browsing our current incentives. Because leases include a predetermined mileage allowance, they are not ideal for people with long I-270 commutes. However, if you’re a curious car shopper who works from home or only makes brief, local trips, leasing may be a great choice.
Which Should I Choose?
The financing option you choose is highly dependent on your budget, lifestyle, and values. Buying is a great option for people who often travel great distances and want to customize the interior and exterior of their vehicles. On the other hand, leasing is a solid choice for budget-conscious people who only make local commutes and don’t want to commit to a single model. Whichever option you choose, our Finance Department is readily available to craft payment plans or answer any questions you may have. If you’re ready to buy or lease one of our vehicles, don’t hesitate to reach out to us!
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★★★★★ You’ll Want to Read This One to the End In June,
“ ★★★★★ You’ll Want to Read This One to the End In June, my daughter was involved in an accident caused by an uninsured driver, and her car was totaled. Understandably, we were anxious to find a replacement as quickly as possible. We considered Mazda, Toyota, Honda, Ford, and Hyundai. After test-driving the Hyundai Tucson Hybrid Limited, my daughter knew it was the vehicle she wanted. Since we live in Fairfax, we contacted and visited nearly every Hyundai dealership in Northern Virginia searching for a white Tucson Hybrid Limited with a gray interior. Unfortunately, several dealerships told us over the phone that they had the vehicle, only for us to arrive and hear that it had “just sold”—or, in some cases, learn that they had never had it at all and were simply trying to get us into the showroom. Sheehy Hyundai was the most disappointing. They assured us they had the vehicle, but after we made the drive and explained the exact color combination we wanted, they quickly dismissed us when they realized it was not on their lot. Every dealership seemed interested only in selling us something they already had in inventory. That completely changed when we arrived at Pohanka Hyundai. Rod warmly welcomed us and genuinely listened to what we were looking for: a white Hyundai Tucson Hybrid Limited with a gray interior. Instead of trying to convince us to settle for another vehicle, Rod and Luis Lemus immediately went to work locating the exact Tucson my daughter wanted. Within 30 minutes, they told us they had found one and could have it ready for us that evening. My daughter completed the paperwork and applied for 100% financing online. When we returned that evening, the vehicle was ready. We completed the transaction with Joann Nolta in approximately 10 minutes, and Rod was waiting out front to personally deliver the car. The entire process was professional, efficient, honest, and completely stress-free. Rod, Luis, and Joann turned what had been a frustrating search into one of the easiest car-buying experiences we have ever had. I wish buying a new vehicle were this simple at every dealership. Pohanka Hyundai truly earned this five-star review. ”