Should You Buy or Lease Your Next Kia?

Should You Buy or Lease Your Next Kia?

Posted on October 30, 2017

Deciding which new Kia to drive home is only one decision you'll need to make in the vehicle shopping process. Next, you'll need to decide whether to buy or lease. But what are the benefits? Both have their own distinct advantages, and Eastside Kia wants to help Calgary drivers understand them.

Buying a New Kia

• When you buy your Kia... you own it! That means there are no kilometer restrictions and you can alter your vehicle in any way.
• While monthly payments tend to be higher because you're paying full price, eventually they end once you've paid off your loan.
• You can resell your vehicle at any time and keep the cash value for yourself. Or, you can trade in and apply the value toward your next vehicle.
• Buying is a great option for those who love to drive their vehicle for a long time.

Leasing a New Kia

• Because the dealership maintains ownership, you don't pay full price!
• Monthly payments tend to be lower because you're only paying the value of the lease term.
• Keep in mind, leases tend to come with kilometer limitations, and extra fees may apply if exceeded.
• When your lease is up, simply return your Kia to the dealership. Here's the best part: when you sign a new lease, you can drive home in a brand new Kia!
• Leasing is a great option for those who love to drive a new vehicle more often.

If you need help deciding, our Finance Department will walk with you every step of the way to find the best finance option. For now, browse our new Kia inventory, and arrange for a test drive today!