Common Questions About Hyundai Leases
Have you decided to get a new Hyundai car? If so, we applaud your excellent taste in automobiles. Now that you’ve decided to get a new vehicle, it’s time to choose between buying and leasing your next car. If you’re unfamiliar with leasing, we encourage you to contact our Hyundai finance center to learn all about a Hyundai lease and all the advantages that accompany leasing.
What does leasing entail?
Leasing a vehicle is similar to renting an automobile for an extended period. You’ll make monthly payments while your contract is in force to reserve your right to drive your leased car. When your lease expires, you’ll return your automobile to our San Diego, CA, Hyundai dealership unless you purchase it.
Do I have to pay anything when I sign a lease?
Before you sign a Hyundai lease, you’ll receive a detailed statement that outlines all fees you’ll need to cover upfront. Those fees may include a security deposit, your first lease payment, title fees, the capitalized cost reduction, and registration fees.
How long does a lease last?
As you look through our Hyundai finance and lease offers, you’ll see that the length of a lease is measured in months rather than years. A typical lease lasts 36 months, although you can negotiate other lease terms.
Are there different kinds of lease agreements?
Generally, there are two kinds of leases, open- and closed-end. The latter type of contract is the most common. At the end of a closed-end contract, you’ll only be responsible for excess mileage and wear-and-tear fees, if any apply. When an open-end agreement expires, a lessee must cover the difference between their leased car’s actual value and residual value and any excessive mileage and wear fees.
Which Hyundai cars can I lease at your Hyundai dealership?
You can lease any of the new Hyundai vehicles on our lot. Our extensive inventory includes various body styles, ensuring you’ll find a Hyundai model that will support your lifestyle seamlessly.
Learn More at Kearny Mesa Hyundai
Would you like to learn more about Hyundai leases? For more information, call or contact us online, or stop by Kearny Mesa Hyundai. We’ll happily answer all your questions and help you find a new Hyundai vehicle you’ll enjoy throughout your lease agreement.