Should I Buy or Lease?

Saleswoman with car and clipboard
 

You’ve done your research on what car best fits your Delaware driving needs, and you’re excited to bring home your new 2020 Kia Soul. Your next big decision is lease vs. buying. Both have their benefits, and it’s a very individual choice based on your finances and driving needs. Take a look at the basic difference between buying and leasing a Kia at Byers Kia. 


Purchase Perks

  • The car belongs to you for as long as you like. You don’t have to return the car to the dealership. 
  • There are no mileage limits when you own your Kia. Road trips from Worthington to just about anywhere are possible without worrying about going over your mileage limit. 
  • Buying gives you more customization options. Make this car your own. 
  • Sell your car or trade it in if you’d like, whenever you’d like. It belongs to you, and you’ll get the cash or trade-in value if you sell.
  • Financing for purchasing a car is more straightforward than leasing. You can even apply for financing online
  • Over time, because you will likely keep a car you own longer than one you lease, you will save money.

Lease Benefits 

  • Expect a lower down payment and smaller monthly payments when you lease a Kia. Lease specials are also available. 
  • Marion sales taxes will also be lower since you don’t own the car outright.
  • Once you’ve leased your first vehicle, it’s relatively simple to trade it for your next lease. Just pay any remaining fees on your old car and choose your next lease. 
  • You aren’t stuck with the negotiating involved in trading or selling your old leased vehicle.
  • Stay up-to-date with new models when you lease. Most leases last a couple of years, making it easy to upgrade often. 
  • As long as you’re under your mileage limit, your warranty coverage will protect your car. 
  • It’s easier to get approved for a lease than it is for a car loan. Even if your credit has taken a hit, you can still drive a reliable new car. 

Find Out More From the Byers Kia Finance Center!

Want to learn more? Contact the finance center at Byers Kia. Our knowledgeable and friendly staff is ready to help you make an informed decision when you ask if you should buy or lease your next car.

Calculate Your Future Car Payment

Enter basic information to figure out the estimated auto loan rate or monthly payment amount for a new Kia! Contact us with any questions you may have.

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Disclaimer:

New vehicle pricing includes all offers and incentives. Tax, Title and Tags not included in vehicle prices shown and must be paid by the purchaser. While great effort is made to ensure the accuracy of the information on this site, errors do occur so please verify information with a customer service rep. This is easily done by calling us at (833) 232-0568 or by visiting us at the dealership.

**With approved credit. Terms may vary. Monthly payments are only estimates derived from the vehicle price with a 72 month term, 5.9% interest and 20% downpayment.


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5342 Columbus Pike • Lewis Center, OH 43035

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Byers Kia

5342 Columbus Pike Lewis Center, OH

Phone: (833) 232-0568

http://maps.google.com/?q=5342%20Columbus%20Pike%2C%20Lewis%20Center%2C%20OH%20430

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5342 Columbus Pike Lewis Center, OH

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5342 Columbus Pike Lewis Center, OH

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5342 Columbus Pike Lewis Center, OH

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5342 Columbus Pike Lewis Center, OH

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5342 Columbus Pike Lewis Center, OH

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Phone: (833) 935-0346

5342 Columbus Pike Lewis Center, OH
40.218094 -83.034350
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Byers Kia
Byers Kia
5342 Columbus Pike
Lewis Center, OH, 43035 US
(833) 232-0568
https://di-uploads-development.dealerinspire.com/byerskia1/uploads/2018/10/ByersKia.png
Byers Kia 40.218094, -83.034350.