The Benefits of Leasing a Kia
A question we often hear from our customers is, “is it better to lease or buy a new car?” Like most dilemmas, it depends on your individual buying preferences and long-term driving situation.
What is Leasing?
A vehicle lease is when you pay to drive a car for a set term (typically 2 to 3 years). Though the car is “yours” during that time, it is still owned by the dealership/manufacturer to which it is returned at the end of your agreement. Leasing a car means you don’t have to pay outright or finance the full value of the car. Effectively, you are just paying for the depreciation of the vehicle.
However, you do have the option to buy out and fully own your lease at a discount rate should become really attached to it.
When is Leasing Right For Me?
Leasing a new Kia (note: leasing only applies to brand new cars) is an attractive option for many reasons:
- You get to have the latest and greatest new Kia car or crossover SUV every few years
- Your monthly payments will be significantly lower than buying
- You won’t have to pay for expensive repairs down the road because your lease will always be covered under warranty
- You can choose to buy out your lease at a cheaper rate at the end of your term
See Our Current Leasing Specials!
Does leasing a new Forte, Sportage, Optima, Rio, or Sorento in Mississauga sound like the right fit for you? Then check out the limited-time lease specials we have on new Kia vehicles.