I leased a 2011 Hyundai Sonata and my daughter leased a 2012 Elantra.
Both are beautifully designed, comfortable to drive and economical.The lease prices are very attractive. I have a set price to purchase the car at the end of three years, and if I don’t want to purchase it, I turn it in and lease a another car.
Years ago Icame to the realization that whether you lease or buy, you are still drive a depreciating vehicle. Leasing is renting, and is more flexible and has no large down payment, plus a much more reasonable monthly payment. And it is more flexible—I don’t have to sell the car, I am not stuck with the car past the lease end unless I want to buy it, and I have that option also.
If you have small kids that wreck cars or high mileage commutes, leasing is not for you. But if you’re older, don’t have little kids or messy teenagers, and you can live with 1,000 or so miles a month, it may make sense for you.
Thanks, definitely another option to look at re: leasing. I appreciate the pointers. :)