Deciding Whether to Lease or Buy a New Kia

If you're deliberating whether to buy or lease one of the new Kia models at our Kia dealership near Gurnee, IL, the experts in our Libertyville Kia finance department can guide you toward an informed decision.  

When You Should Lease

Leasing a vehicle from your local Libertyville, IL Kia dealer does come with some appealing benefits. One benefit is that you'll avoid the rapid depreciation that accompanies a new vehicle purchase. Instead, you will be responsible for only the depreciation value of the vehicle throughout your lease term. You will also enjoy the possibility of considerably lower monthly payments when compared to purchasing new.

Additionally, there is the advantage of warranty protection during your lease and a seamless transition from one vehicle you love to another at the end of your lease term - all without the hassle of the trade-in process or privately selling a vehicle. If leasing sounds like a favorable option for you, get started today with our team of experienced Illinois Kia dealers.

When You Should Buy

Buying a Kia car may be the better option for you if you'd like to make an investment and build equity, which is not something leasing affords. While a lease does tend to be more affordable on a monthly basis, you may find that purchasing a vehicle may be more cost-effective in the long run.

As a vehicle owner, you also benefit from the pride and freedom of car ownership. This means that you have the ability to customize your car or SUV as you see fit and drive it as much and as far as you please. These allowances are not common with a lease, which is accompanied by mileage restrictions and personalization limitations. Even if you don't drive a lot and you simply desire the autonomy ownership offers, buying over leasing may be the more viable choice for you.

Financing a Kia Vehicle at Our Dealership near Waukegan

When you sit down with a team member at our Kia finance center near Waukegan, IL, we'll help you weigh the pros and cons of leasing or buying for your particular driving needs and budget. If you have any questions or concerns before you sit down with our Kia dealers for a financing discussion, don't hesitate to reach out online or by phone. We'll be happy to simplify the fine print and clear up any areas of confusion.