Should You Lease or Finance a Kia From Our Dealership in Willowbrook?

When buying a new vehicle near Bolingbrook, you will need to decide whether it is in your best interest to lease or secure a car loan. There are many variables that should be taken into account when making this decision. For instance, you should consider your budget, how long you want the car and how many miles that you plan on driving your Kia each year.

How Much Can You Afford to Spend?

Generally speaking, it costs less to lease a vehicle than it does to buy it outright. Therefore, you may be able to afford to lease an Optima or Sedona even if you couldn’t afford to pay the MSRP sticker price. Lease prices vary depending on whether you make a down payment, your credit score and other factors. However, it isn’t impossible to keep a lease payment to $200 or less per month.

How Long Will You Want to Have the Car?

If you’re the type of person who likes to have the latest features, it may make more sense to lease instead of buy a car near Downers Grove. Leasing can also be best for those who don’t have a steady income or otherwise aren’t sure that a car will meet their needs for more than a couple of years. However, if you plan on having your Kia for many years, it may be best to buy it outright from our Kia dealership near Chicago.

How Much Do You Plan on Driving Your Kia Around Naperville?

Financing a vehicle is preferable if you are going to drive more than 10,000 to 12,000 miles per year. This may be the case if you work for a rideshare company or have a long commute to work each day. It can also be preferable if you drive on harsh terrain in Willowbrook. This is because the leasing company could impose a penalty for excess wear and tear on your Sportage, Rio or Sorento.

To learn more about the benefits of buying a Kia versus leasing a Kia, visit our dealership today!

Tags: auto finance, car loan, financing, kia lease
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