Buying Vs. Leasing; Which Finance Direction Is Right For You
Buying vs. Leasing; Which Finance Direction is Right For You
There is No Wrong Way to Leave Kia of Orange Park
Deciding on a new car is a big decision. But, even after you decide on the perfect new set of wheels, another important decision looms; buying vs leasing. While philosophies vary from one driver to the next, there really is no wrong decision. It boils down to which makes the best sense for you.
Buying vs leasing essentially boils down to the intended longevity of the relationship. In other words, how long do you want to keep your new Kia? When you buy, chances are, you’re in it for the long haul. If you’re the type who enjoys a new vehicle every few years with lower monthly payments, lease offers may win you over.
In the next few sections, learn more about the advantages of the two major finance choices. Once everything is laid out on the table, buying vs leasing can become an easy decision.
Advantages to Buying That New Kia
If you’re stuck at the crossroads between buying vs leasing, the best course of action is to look at the perks to both and move forward with the option which best suits you. In this section, we take a look at some of the advantages of buying over leasing.
Buying your new Kia typically results in a higher monthly payment, but it’s also yours at the end for the long term with no further payments. In addition, there are no mileage limits and you are free to customize the new Kia to your liking or sell it once that title is in your hands.
New car buyers will typically take out a car loan and establish a loan period of, say, 60 monthly payments. Once you’re done paying back any remaining loan amounts, that new Kia is all yours. For more information on auto financing options and perks, please continue on to the next section.
Count of Kia Financing for a Great Auto Loan
When the decision is made to buy a new vehicle, more times than not, auto loans come into play. In the Kia motors finance center at Kia of Orange Park, we capitalize on good relationships with lending agents to find the lowest interest rate going. One of the primary goals of any car dealership is to, you guessed it, sell cars. When dealerships can offer enticing interest rates on those new cars, buyers enjoy lower monthly payments. It’s not only a win-win situation but also an easy one. Get the wheels in motion by Applying Online Today.
When a Car Lease May Make the Most Sense
There was a time when leases were primarily limited to higher-end vehicles. But, with their increasing popularity over the years, many dealerships now offer leases for most vehicles.
What makes car leases so enticing to most people are lower monthly payments than if financing to own. Leases typically run 2-3 years. At the end of the lease, the vehicle is returned, leaving you free to lease another new vehicle or even the same vehicle again in some cases.
There are a few things to keep in mind. With an auto lease, you will be limited to a certain number of miles per year, typically 12,000-15,000. Also, with a lease, you will not be able to customize the vehicle with anything that cannot be undone without a trace upon return.
If the thought of a new car every few years and a lower monthly payment is appealing to you, a car lease is a way to go when considering buying vs leasing.
Kia of Orange Park is An Excellent Resource for Buying, Leasing, and More
When it comes to buying vs leasing your new Kia, not only does Kia of Orange Park offer an outstanding selection of new cars, trucks, and SUVs for either choice, but we are the 1-stop shop for all your automotive needs.
From the highly-qualified professionals in our outstanding Kia motors finance center to our first-class service center, count on Kia of Orange Park, the preferred car dealership in Jacksonville, also proudly serving St. Augustine.