Buy New, Buy Used, or Lease an Elantra for 5 Years? — What the Lease's $2,000 Premium Actually Buys
How much does the same Hyundai Elantra (the Avante in Korea) really cost over five years — bought new, bought as a 3-year-old used car, or on a 60-month long-term rental? This piece breaks down exactly what the lease's ₩49,021 (≈$34) monthly premium over buying new actually buys — depreciation uncertainty, breakdown risk, upfront capital — and finds the new-vs-used race, a ₩1.27M gap in cash terms, closes to a mere ₩9,193 once real financing rates enter the picture.