If you were thinking about getting a new Kia at your Kia dealership, you might be asking yourself whether you should buy or lease. Consider some of the leasing benefits as you make your decision. Check out five benefits you’ll get when you lease a brand new Kia from your local dealership.
1. No Depreciation Hit for You
When you buy a vehicle, whether new or used, you have to bear the cost of depreciation as the vehicle gets older and puts more miles on the odometer. One of the benefits of leasing, however, is that none of that is your worry. You just get to put yourself and your family into a new vehicle every couple of years and let someone else deal with depreciation.
2. No Repair Costs
Not only do you not have to take the depreciation hit, but you also often don’t have to be on the hook for repairs. If anything goes wrong, it will likely be under warranty so your dealership will take care of it, and they’ll either give you a temporary replacement while they fix your original vehicle, or they’ll swap it out for another vehicle entirely.
In some cases, much of the maintenance is covered, as well. Check the terms of your lease agreement and discuss this with us at the dealership if it’s important to you to include maintenance in the lease. Of course there are exceptions, such as accidents, but for the most part, many repairs will be covered under your new car warranty.
3. No Worries About Reselling
If you own a car, it’s constantly in the back of your mind that you may have to resell it at some point. The first problem here is that you have to decide when to resell it. Should you wait a little longer to get more out of it yourself, and how will that affect the resale price?
Maybe even more important, though, is the hassle of reselling. Whether you do it privately or you trade it in, there’s just some inevitable hoops that must be jumped through. When you lease, you don’t have to worry about any of that.
4. Drive Away Without Emptying Your Bank Account
Buying a car often means coming up with a pretty big down payment. Maybe you don’t have that kind of cash on hand. And while some people trade in their current vehicle in lieu of much of the down payment, what if you don’t want to trade in or don’t have one to trade in? When you lease, there’s no need to put down a huge down payment, and your monthly payments are usually lower, too.
5. Get a New Car Every Few Years
If you just enjoy trying out new vehicles and new tech, and you don’t want to worry about the hassle that comes as cars start to age, with more maintenance requirements and a greater chance of breakdowns, leasing is a great option for you. If you’re looking to lease your next Kia, come see us at Auffenberg Kia in Shiloh, IL today.
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Warranties include 10-year/100,000-mile powertrain and 5-year/60,000-mile basic. All warranties and roadside assistance are limited. See retailer for warranty details.