Learn the Difference Between Leasing and Buying at Willowbrook Kia

When on the hunt for your next new or like-new vehicle, it’s important to understand your car finance options. We understand that the car-buying process can be stressful, so we want to ensure you know exactly what you’re getting into when you buy or lease a car from Willowbrook Kia. No matter your lifestyle or budget, we encourage you to explore your options with our financial experts. If you’re also interested in learning how to trade in your current vehicle, our dealership has options for you. Fill out our online trade-in form today and receive an estimate on your car’s value.

Should You Finance Your Next Purchase?

You might want to look into buying your new Kia or used car with an auto loan if you’re planning on keeping your vehicle for the long haul. If you’re prone to taking long road trips, you might want to finance your next vehicle to avoid mileage limits.

Pros of Auto Financing

• Possibility of saving more money once you pay off your loan
• Ability to sell your car whenever you want
• No mileage limitations or penalizations
• Owning your vehicle outright once you’ve paid off your loan
• Ability to personalize your vehicle with custom parts and accessories
• Being able to use your current vehicle’s value towards your next purchase

Cons of Auto Financing

• Pay more upfront with a larger down payment
• Vehicle will depreciate in value
• Once your warranty ends, you’ll pay more for repairs
• Monthly car payment will be more expensive

Should You Lease Your New Kia?

Leasing may be an attractive option for Chicago drivers that want to update their vehicle every few years. You’ll be able to bring back your current vehicle and get the keys to a newer model.

Pros of Leasing

• Pay less for your monthly car payment
• Lower repair costs because it’s usually covered by a warranty
• Pay less upfront with a smaller down payment
• Upgrade to newer models
• Be able to afford a nicer vehicle

Cons of Leasing

• You don’t own it outright
• May have to pay for damage fees at the end of your lease
• Pay fees if you terminate your lease early
• Can’t modify or customize your vehicle
• Mileage restrictions

Visit Our Dealership Near Downers Grove to Learn More

If you’re interested in buying or leasing from Willowbrook Kia, don’t hesitate to speak to one of our experts today. You can get the process started right now with our easy-to-use online financial application.

Tags: Auto Financing, Buying vs Leasing, car financing, Car Lease, Car loans, Leasing vs Buying, Willowbrook Kia
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