Leasing a New Kia
The chief advantage of leasing a car is your payments will be lower, and you often don't have to come up with a down payment.
Additionally, maintenance costs are built into the lease terms, and the vehicle will always still be under the factory warranty. Once the term is up, you can trade the vehicle in for another brand new car.
On the flipside, leasing means you don't own the car, so you can't customize it in any way, and you must stay within the allotted mileage for the year. A good way to think about a lease is that you're only paying for the value of the vehicle you drive, not the entire cost of the car.
Advantages of leasing:
- Always driving a car less than 3 years old
- Lower cost
- Little to no repair cost
Buying a New Kia
When you buy a new car, not only do you get the pride of ownership, but you have the freedom to modify the vehicle to suit your tastes. From roof racks to bumper stickers, there is no limit except your imagination.
While leased cars are generally limited to 12,000 miles a year, there is no penalty no matter how much you drive a car you own. Your vehicle becomes a long-term investment, with the flexibility to sell or trade it in down the road. Owning does, however, come with a higher price than leasing.
Advantages of buying:
- No mileage restrictions
- You own the vehicle
- Freedom to modify as you please