Finance vs Lease
At Kia Country of Hilton Head, we understand that financing vehicles can be confusing and overwhelming. That’s why we always try to answer the most frequent question we get from our customers: should they buy or lease their next vehicle? At Kia Country of Hilton Head, we want to help you make an informed decision that suits your needs and budget, whether you choose to lease or finance your next vehicle. Our team is ready to assist you personally and find the best option for you.
– Buying a vehicle is a great option for you if you like to keep your vehicle for as long as possible. You can build equity in your vehicle with every payment and eventually own it outright.
– Unlike leasing, buying a vehicle gives you the freedom to drive as many miles as you want without any restrictions or penalties.
– Buying a vehicle can save you money in the long run if you keep your vehicle past the life of the loan and enjoy loan-free driving.
– Insurance costs are generally lower on vehicles you purchase than on vehicles you lease, which can also help you save money.
– You have the flexibility to sell your vehicle at any time if you want to upgrade or change your vehicle.
– You don’t have to worry about minor wear and tear on your vehicle, such as coffee stains on the carpet, which could cost you extra fees when you lease a vehicle.
– You can enjoy driving a new model every two to three years and avoid the hassle of selling or trading in your old car.
– You can save money on monthly payments as they are usually lower than buying the same car with a loan.
– You can choose a lease program that suits your budget and cash flow, as some leases require little or no down payment.
– You can have peace of mind knowing that your leased car is covered by the manufacturer’s warranty for most repairs and maintenance.
– You can experience the latest technology and features in your leased car, as you are always driving a newer model.