SHOULD I BUY OR LEASE MY KIA?
Shopping for a new vehicle can be a daunting task and deciding whether to buy or lease your next ride can certainly complicate the matter. While there are different advantages and drawbacks to each option, auto shoppers around Uniontown, Greensburg, and Belle Vernon, PA, can receive the clarity they need with help from the financing experts at C. Harper Kia.
Take a look at the detailed chart below to better understand the different pros and cons of buying and leasing your next Kia vehicle. Then, give us a call to learn more about how we can help you throughout your entire financing journey.
PROS OF LEASING A NEW KIA
There’s plenty of benefits that come along with leasing a new car. In general, it provides much more financial flexibility for drivers as it effectively serves as a rental. Some other pros to leasing your next Kia include:
- Typically lower payments/down payments
- Ability to drive a newer model more frequently
- Normal repairs are generally covered by a warranty
- Easy to return after your lease ends
- Ability to buy the car after your lease ends
CONS OF LEASING A NEW KIA
With the pros, however, there are bound to come some downsides. For example, a lease doesn’t give you the same control over your vehicle that a straight-up purchase does. There’s a chance you might experience other leasing obstacles, such as:
- Extra fees if you exceed mileage restrictions
- Can’t make modifications to the vehicle
- Responsible for excessive wear and tear fees
- Costly charges for ending the lease early
- Can’t build equity
PROS OF BUYING A NEW KIA
On the other hand, purchasing your next vehicle offers plenty of advantages you won’t see with a lease. Buying your Kia can lead to a much greater sense of financial security, as most of your significant payments will come up front. Along with that, other benefits of buying include:
- You own the vehicle
- There are no mileage restrictions
- The vehicle is yours to customize however you see fit
- You can sell or trade it whenever you want
- You can gain equity
CONS OF BUYING A NEW KIA
Unsurprisingly, purchasing a Kia can also come with some cons. Much of it will largely depend on your financial situation, and whether you value that stability over the flexibility of a lease. Buying your next vehicle can also come with other downsides like:
- Large initial down payments
- Monthly payments and interest on monthly payments are higher
- Can be a hassle to sell or trade in
- You’re responsible for repair costs
- Can develop negative equity
FINANCING YOUR NEXT KIA
Regardless of which route you decide to take, the professionals at our Kia dealership are more than ready to guide you through the leasing or purchasing process from start to finish. The knowledgeable C. Harper Kia staff have years of experience under their belts, and have the resources needed to secure the best auto loan or payment options for your unique needs.
Our Kia dealership also provides a variety of online tools and resources that drivers can take advantage of, such as:
- Online application
- Quick Kia Price Quote
- Value Your Trade-In form
No matter what financing route you take, our secure online financing application can help you get pre-approved in just a few quick minutes. We even provide a detailed breakdown of the lease return process, so you can get an idea of what the conclusion of a lease looks like, as well as what your other options might be.
With our Value Your Trade-In form, you can make sure your current car doesn’t get in the way of you and your next Kia. Just fill in some basic information about your vehicle, and this tool can provide its estimated value. You can always meet with our team to discuss how much of your trade-in value can go toward the payments on your next purchased or leased Kia.
Feel free to contact us for more information regarding the leasing or purchasing process. Our attentive financing team can ease your concerns, answer any questions you may have, and help you decide which option is better suited to your needs and lifestyle.
BUY OR LEASE YOUR NEXT RIDE AT C. HARPER KIA!
Whether you plan on buying or leasing your next Kia, our team at C. Harper Kia will always be ready to help. After you’ve found the right model to lead you on your next adventure around Uniontown, Greensburg, and Belle Vernon, Pennsylvania, our financing team can help get the keys in your hand in no time.
To learn more about the pros and cons of buying vs. leasing, or to schedule a test drive of your favorite Kia model, contact or visit us today!
Warranties include 10-year/100,000-mile powertrain and 5-year/60,000-mile basic. All warranties and roadside assistance are limited. See retailer for warranty details.
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