Buying Vs. Leasing A New Kia: Tips For Deciding What Is Right For You

October 22nd, 2021 by

Finance CenterNew Inventory

Buying Vs. Leasing Made Easier With Understanding
One of the biggest potential speed bumps associated with a new car is the means to pay for it. If you’re a Jacksonville driver feeling sidelined by that, you’re not alone. But, you’re also not out of the game.

There was a time when leasing a vehicle was an option limited primarily to high-end cars, trucks, and SUVs. That has all changed and, today, most new vehicles come with buying vs leasing options. But, how do you know which direction is right for you?

In the next few sections, learn more about the pros and cons of buying vs leasing. When you decide what best suits your needs, we hope you will consider Southside Kia, a proud part of the Morgan Auto Group and a preferred car dealership in Jacksonville.

Purchasing Perks
Let’s face it, eventual ownership of something as special as a new vehicle is a pretty good motivator. After all, ownership puts you in the proverbial driver’s seat in many ways you won’t experience when leasing a car. There is no mileage limit, no wear and tear charges and you are free to customize your new vehicle or even sell the car once the title is yours.

Chances are, higher monthly payments will be associated with the car buying experience. The obvious reason for that is that you are paying for your new Kia or another car in full over time. The nice take away from that is that once you are done with those loan payments, the vehicle is yours for the long term and those monthly costs become history.

If you prefer the idea of buying vs leasing, check out the next section for ways that new Kia can be yours with help from the Kia Motors Finance Center at Southside Kia in Jacksonville.

Kia Motors Financing When The Decision Is To Buy
When you make the decision to buy your new Kia, the Southside Kia Finance Center in Jacksonville is an exceptional place to secure an auto loan. We take advantage of solid relationships with respected lending agencies to help secure you a car loan with the best possible interest rates. To learn more about how the finance center at Southside Kia can help you with an auto loan that works with your budget, visit us online or call to set up an appointment today.

Loving The Lease Option
If you are a Jacksonville driverless interested in ownership, more interested in lower monthly payments and like the idea of being in a new vehicle every few years, a car lease may be ideal for you. With this option, you sport a new Kia or other car for the lease term, typically 2-3 years.

Because you are only paying for the depreciation of the vehicle and not the cost of it, your monthly lease payments will be less than if you were paying towards ownership. At the end of the lease term, you simply return the vehicle and choose another vehicle for another lease. You can also simply be done, with no strings attached.

There are a few things to keep in mind with a lease. As the vehicle will be returned at the end of the lease for additional use, there will be a yearly limit to the number of miles you can put on the leased vehicle, typically around 12,000 miles. For the same reason, you will not be able to customize the vehicle in a way that cannot be undone at the end of the lease.

If you don’t require an inordinate number of miles, but do relish the idea of a lower monthly payment and a new car every few years, the buying vs leasing process may easily result in the decision to lease.

Southside Kia; Buying, Leasing And So Much More Made Easy
In addition to helping Jacksonville drivers make smart and informed decisions with regard to buying vs leasing, Southside Kia also maintains a terrific inventory of new and used vehicles. Get those wheels in motion in our Kia Motors Finance Center and keep them in motion via our state-of-the-art Kia Service Center.

For all your automotive needs, count on Southside Kia, proudly serving Jacksonville and all surrounding areas, including Orange Park and St. Augustine.

Posted in New Inventory