Buy vs Lease near Baltimore, MD

Not sure whether you should buy or lease your next set of wheels? If so, Thompson Hyundai is here to lend a hand with your decision! Both paths have their own respective benefits, so choosing between them typically comes down to your own personal preferences. So, after learning more about how they work, reach out to our Finance Department to discuss your options in greater detail. We look forward to hearing from you!
Buying
Most of the time, drivers opt to finance automotive purchases with a loan. That way, instead having to cover the entire sticker price up front, you can make monthly installments over a period of time lasting anywhere from four to seven years. Although this means that you’ll also end up paying interest, you’ll eventually become the sole owner of the new or used vehicle you’ve been contributing to. Plus, you can drive it as much as you please, hand it down to your kids, or trade it in when you’re ready for something different. Just remember that an aging ride will typically cost you more in maintenance and repairs.
Leasing
On the other end of the spectrum, we have leasing. With a plan like this, you’ll essentially be borrowing a new Hyundai from us for two to four years, during which time you’ll just have to pay toward the model’s depreciation, resulting in more affordable monthly payments. Plus, when your agreement expires, you can lease another factory-fresh car to remain on the cutting edge of innovation. However, it’s important to remember that leases come with a yearly mileage allotment, which means you’ll have to watch how much you ground you cover. Furthermore, you won’t end up owning the vehicle when it’s over, so you’ll always have a car payment unless you buy it when your terms ends.
Which Is Right for Me?
As we mentioned, choosing between buying and leasing is a personal decision. However, if you’re seeking a long-term investment, then the former might be the better avenue to follow. This also applies if you have a long commute, wish to keep your car for many years, or want to avoid having a monthly installment in the future. On the other hand, if you like changing things up and driving the latest models on the market, then leasing makes a lot of sense. Additionally, you might want to consider a lease if you only need your own set of wheels for a short period of time or aren’t quite sure which Hyundai you wish to commit to and want to try one out before making a final decision.
Thompson Hyundai can help you out if you’re still trying to decide whether to buy vs lease near Baltimore, MD. After chatting with our team over the phone, swing by the showroom at 1000 Merritt Blvd. in Dundalk, MD, to see our vast selection for yourself!

Sales Hours
(410) 343-4619
| Monday | 9:00 am - 8:00 pm |
| Tuesday | 9:00 am - 8:00 pm |
| Wednesday | 9:00 am - 8:00 pm |
| Thursday | 9:00 am - 8:00 pm |
| Friday | 9:00 am - 8:00 pm |
| Saturday | 9:00 am - 5:00 pm |
| Sunday | Closed |
Dealership Information
Testimonials
Great service. From sales to finance it was quick and
This was a very pleasant experience. Purchasing a new
“ This was a very pleasant experience. Purchasing a new automobile for the first time went very smoothly. Sales and finance were very personable and easy to work with. ”
Absolutely a wonderful experience purchasing my new 2022
“ Absolutely a wonderful experience purchasing my new 2022 Hyundai Tucson Hybrid. The vehicle even came in early, and I was contacted right away to make the appointment to pick up my new Tucson. The vehicle ”
Absolutely a wonderful experience purchasing my new 2022...
“ Absolutely a wonderful experience purchasing my new 2022 Hyundai Tucson Hybrid. The vehicle even came in early, and I was contacted right away to make the appointment to pick up my new Tucson. The vehicle was more then I expected and I am ecstatic about the way the vehicle drives. ”
“ I've been taking my car to them for over a year now (2021). Everything between oil changes to cabin filter to replacing tires and alignments. The customer service has been phenomenal and I appreciate the quick turn around. 👏 10/10 Recommend ”
“ Everything prefect. All staff are friendly. 100 percent prefect ”
“ Great Experience getting a new car at Thompson Hyundai. I was in the market for a new small SUV and looked on-line for a Hyundai Tuscon XLE AWD. Many dealerships listed vehicle inventory on their website but when you call to confirm if the vehicle is in stock you are told it has been sold or it is incoming inventory that has been pre-sold. After calling several dealerships with no luck, I called Thompson Hyundai and spoke with Bob. The car I was looking for was in stock and for sale. It took just a few phone calls and emails and we set up an appointment for me to purchase the car. The car purchase went perfect. Bob had the vehicle ready at the appointed time and it was clean, gassed-up and had the temp tag on it. Paperwork took less than 30 minutes, and I was on my way. No hassle, no problems, great sale. Bob, you did a great job. Thank-you. ”
“ We had a great, great experience buying a new car through Mitchell. He was helpful and communicative. Getting a new car nowadays is difficult but he found exactly what we wanted. I’d recommend going to this dealership over others in the DMV area. ”
Overall was a great experience. Was able to get...
“ Overall was a great experience. Was able to get everything sorted fairly quickly and got a good price. ”
Overall was a great experience. Was able to get
“ Overall was a great experience. Was able to get everything sorted fairly quickly and got a good price. ”
Every things is prefect. Dealing is good. All employees...
“ Every things is prefect. Dealing is good. All employees are friendly. I’m satisfy . Thanks,,,, ”
Gary was great from start to finish. He found me the car
“ Gary was great from start to finish. He found me the car I wanted and had it ready for me to minimalize the time I was in the dealership. I really appreciate his help through this process! ”
Every things is prefect. Dealing is good. All employees
“ Every things is prefect. Dealing is good. All employees are friendly. I’m satisfy . Thanks,,,, ”
Gary was great from start to finish. He found me the car...
“ Gary was great from start to finish. He found me the car I wanted and had it ready for me to minimalize the time I was in the dealership. I really appreciate his help through this process! ”
They were quite friendly and helpful and offered us a...
“ They were quite friendly and helpful and offered us a fair price at a time when buying a car is quite difficult. Everything went smoothly, and I would recommend them to anyone. ”
They were quite friendly and helpful and offered us a
“ They were quite friendly and helpful and offered us a fair price at a time when buying a car is quite difficult. Everything went smoothly, and I would recommend them to anyone. ”
This dealership was extremely helpful. We were able to
“ This dealership was extremely helpful. We were able to lease our car easily and they stuck to the prices we were given on the phone. ”
This dealership was extremely helpful. We were able to...
“ This dealership was extremely helpful. We were able to lease our car easily and they stuck to the prices we were given on the phone. ”
this was the fastest deal i have ever had at
“ this was the fastest deal i have ever had at dealership......straight forward no bs.....started w/Betty we text back and forth so many times felt like she was family...answered me everytime..... ”
this was the fastest deal i have ever had at...
“ this was the fastest deal i have ever had at dealership......straight forward no bs.....started w/Betty we text back and forth so many times felt like she was family...answered me everytime......she put me in touch w/Sam who was just as great went over everything bout the car..... ”
Gary was personable and made the car buying process
“ Gary was personable and made the car buying process pretty easy! It was my first time and I would def recommend him to anyone not interested in spending all day in the dealers! ”
Gary was personable and made the car buying process...
“ Gary was personable and made the car buying process pretty easy! It was my first time and I would def recommend him to anyone not interested in spending all day in the dealers! ”
“ I could not have had a smoother experience. The Thompson sales staff went above and beyond to help me secure the specific vehicle I wanted on very short notice. The sales and finance personnel were kind, welcoming, and answered all of my questions with enthusiasm. Thank you for everything! ”
Very nice experience! Everything went very smooth! Gary...
“ Very nice experience! Everything went very smooth! Gary went above and beyond! Car was detailed and Gary even put existing tags on for me two days later, when I picked up the updated registration. ”
Very nice experience! Everything went very smooth! Gary
“ Very nice experience! Everything went very smooth! Gary went above and beyond! Car was detailed and Gary even put existing tags on for me two days later, when I picked up the updated registration. ”
This is the second vehicle we have purchased from
“ This is the second vehicle we have purchased from Thompson and the 5th Hyundai overall. It's always a good experience at Thompson with purchasing and getting work done on our vehicles. ”
This is the second vehicle we have purchased from...
“ This is the second vehicle we have purchased from Thompson and the 5th Hyundai overall. It's always a good experience at Thompson with purchasing and getting work done on our vehicles. ”
Environment was clean friendly welcoming staff was super
“ Environment was clean friendly welcoming staff was super nice all around they do their best to work with you such a fantastic team ”
Environment was clean friendly welcoming staff was super...
“ Environment was clean friendly welcoming staff was super nice all around they do their best to work with you such a fantastic team ”
Everyone was nice and knew what they were talking about.
“ Everyone was nice and knew what they were talking about. They answered all my questions. ”
Everyone was nice and knew what they were talking about....
“ Everyone was nice and knew what they were talking about. They answered all my questions. ”
Everyone in the dealership is professional and my...
“ Everyone in the dealership is professional and my experience during the buying process was excellent ”
Everyone in the dealership is professional and my
“ Everyone in the dealership is professional and my experience during the buying process was excellent ”
Sam did a wonderful job . He was very polite and very
“ Sam did a wonderful job . He was very polite and very good at helping me find and get what i wanted . ”
“ The staff was very friendly & polite. I had a question concerning a vehicle I just purchased 5 months ago, they were very helpful. ”
Sam did a wonderful job . He was very polite and very...
“ Sam did a wonderful job . He was very polite and very good at helping me find and get what i wanted . ”
very pleased with staff assistance in purchasing
“ very pleased with staff assistance in purchasing vehicle.Will refer someone to dealership.Love my new vehicle. ”
Ms. Betty Jo, Chris, & Ed were awesome. They worked with...
“ Ms. Betty Jo, Chris, & Ed were awesome. They worked with me to get me into my new truck. I ended up paying way more than I expected but I was able to drive off the lot that night. Very help & patient. They broke down everything for me. Happy Holidays you all. Thank you so much I love my new truck 🤩 ”
very pleased with staff assistance in purchasing...
“ very pleased with staff assistance in purchasing vehicle.Will refer someone to dealership.Love my new vehicle. ”
Staff are helpful and friendly. Easy to work with and
“ Staff are helpful and friendly. Easy to work with and straight forward…kuddos to Mr. Sam Gibson and the finance department. ”



“ Great service. From sales to finance it was quick and easy. Highly recommend Thompson Hyundai ”