Sometimes when you are making financial decisions, deciding whether or not to pay off and keep your current vehicle or trade it in to get a new one is a tough choice. However, you have a third option if you’re looking to replace your car: leasing. If you’re daunted by the idea of having a high monthly payment and having to pay off a brand-new car, then you might want to consider leasing a car instead.
So when, exactly, should you get rid of an old car? Probably when the cost of keeping it alive and kicking outweighs the benefits of having a paid-off vehicle, or when your car is old enough that you’re considering a newer model with more innovative features and designs. However, a new car might be above your budget.
That’s when leasing becomes a good compromise. When leasing, you don’t have to pay off the full cost of the vehicle, only the cost of the vehicle’s depreciation over the life of the contract. So, for example, if your leased vehicle cost $20,000 at the beginning of a three-year term and $13,000 at the end, then you’ll only have to pay $7,000 altogether. That means a lower down payment and lower monthly payment, too. Of course, you don’t get to keep the vehicle once it’s paid off.
So should you keep your old vehicle, replace your car, or lease? The choice is yours, but we here at Empire Hyundai can help you out no matter what. Just call or stop by today.
There is nothing more heartbreaking than hearing about a child being diagnosed with cancer. That is why Hyundai’s Hope On Wheels program was started in 1998—to raise money for pediatric cancer research. Since then, Hyundai has awarded more than $115 million in grants through the program.
Hyundai’s Hope On Wheels has recently announced that it has $7 million available for grants. This year, the program is offering two types of grants: the Hyundai Scholar and the Hyundai Young Investigator.
“The Hyundai Scholar and Young Investigator grants offer strategic investments to help provide innovative solutions for the most challenging pediatric cancer cases,” said Scott Stark, Board Chairman, Hyundai Hope on Wheels. “By funding early career clinicians, we have a greater chance of improving the quality of life and survival rate of every child fighting cancer.”
The Hyundai Scholar grant is available to scientists who are actively working on cancer research and work directly with pediatric cancer patients. These grants are awarded in the amount of $250,000 over two years.
As for the Hyundai Young Investigator grant, which has a value of $150,000 over two years, it is available to researchers who are trying to improve our understanding of the biology of childhood cancer.
Whenever someone purchases a new Hyundai vehicle, Hyundai and its dealerships will make a donation to Hope on Wheels. Help support this great cause today by choosing Empire Hyundai today!
Hyundai is a brand known for its intricate and innovative designs that turn heads from all over the road. Now the South Korean automaker has been recognized for its exceptional vehicles once again. The new Hyundai Ioniq and Vision G Concept took home the 2016 GOOD DESIGN™ Awards. The awards honor designs that are out of the ordinary.
This is the second year in a row that the new Hyundai Ioniq has earned the prestigious honor. The Chicago Athenaeum: Museum of Architecture and Design and the European Centre for Architecture Art Design and Urban Studies name the recipients of the GOOD DESIGN™ awards.
“The Chicago Athenaeum’s GOOD DESIGN™ program forwards the ideals of a design process that embodies product excellence and endurance and strong public identity,” said Christian Narkiewicz-Laine, Museum President. “With wins year after year, Hyundai has shown its firm commitment to innovation and superior design embodiment through its diverse vehicle lineup.”
The Ioniq is the first eco-friendly vehicle to offer three electrified powertrains. The Ioniq Hybrid, Plug-in Hybrid, and Electric models combine an award-winning design with the latest fuel-efficient technology available.
The Vision G Coupe Concept brings a promise of luxury, performance, and style in one true value-oriented vehicle. The concept represents the values of the Hyundai brand.
We here at Empire Hyundai couldn’t be happier to see Hyundai’s designs continuing to earn top honors!
The 2017 Hyundai i30 hatchback strutted its stuff at the Paris Auto Show in September but the Korean automaker has kept the model under wraps since then. Despite their efforts, the new model has been spotted testing in camouflage. While we aren’t expecting major changes outside of the rear end, the new Hyundai i30 hatchback is still a model to be excited about. Here in the United States, we know the i30 as the Elantra.
Hyundai has gone the extra mile to keep the new i30 as much of a secret as possible. They even covered up the interior so spy shots won’t reveal what they have in store. Still, we already know what to expect from the current 5-door model.
The cabin will likely boast the same available eight-inch touchscreen display complete with Apple CarPlay and Android Auto compatibility. MyMusic functionality and a premium audio system will round out the list of entertainment features.
A rearview camera and a number of advanced safety features, like High Beam Assist, Rear Cross Traffic Alert, Smart Cruise Control, and Lane Keeping Assist, will make the highlight list as well.
There’s no word on when the new i30 will make its official market debut.
We here at Empire Hyundai can’t wait for the official debut of the Hyundai i30!
If you’ve decided that it’s time to add a new car to your life and you want a Hyundai, you have made an excellent decision. After that decision, you then need to choose between buying used or new. While both choices have their merits, we’re going to share some of the numerous benefits of buying a new Hyundai.
One of the biggest advantages is buying a new Hyundai is that you can take full advantage of America’s Best Warranty. Every new Hyundai comes with three warranties. The first is a 10-year/100,000-mile Powertrain Limited Warranty. This is combined with a 7-year Anti-Perforation Warranty and a 5-year/60,000-mile New Vehicle Limited Warranty. And, if you purchase a new Hyundai hybrid, it also comes with a lifetime hybrid battery warranty. In addition to the warranties, you’ll also be able to take advantage of the Hyundai Assurance program, which gives you things like Roadside Assistance, Car Care, & Connected Care!
Another benefit to buying new is the fact that, well, it is brand new! You can pick the exact model you want and add options to create the ideal car for you. You also don’t have to worry about the car’s history, any excessive wear and tear, or hidden damage.
New Hyundai cars come with the latest technology and safety features keeping you up-to-date with modern driving.
Stop by Empire Hyundai today and pick out your favorite new Hyundai. We think you’ll love all that it has to offer you.
New Bedford, Massachusetts, is one of the loveliest places along the east coast of the United States. It is home to several beautiful beaches and parks. While those beaches might be great places to visit during the summer, fall is a little bit colder! As such, visitors of New Bedford will likely be looking for something else to do instead. Fortunately, these 3 places to visit in New Bedford this fall are guaranteed to entertain and educate!
The New Bedford Whaling Museum
In the earliest days of the country, people along the east coast relied upon whaling for their livelihoods. This museum provides a window into the lives of those whalers with several different exhibits and artifacts.
Speaking of whaling, Herman Melville’s famous American novel, Moby Dick, mentions this famous chapel located right here in New Bedford that people can visit!
Richard C. Wheeler Bay Learning Center
If you are interested in learning more about the bays that run along the coasts of Massachusetts, then the best place to do so is at the Richard C. Wheeler Bay Learning Center, which is filled with exhibits and documented information about the area.
Although things might be getting chilly, New Bedford is still one of the best places to visit in Massachusetts, no matter what time of the year it is!