The Vehicle Is Yours – When you pay off the automotive loan, you can keep your ride indefinitely
New Vehicles Every Few Years – When the lease agreement is complete you can get a new vehicle without the trade-in hassles
No Mileage Limitations – You can put as many miles on your vehicle as you wish
Mileage Limits – You will be limited to how many miles you can travel each year
Vehicle Maintenance Responsibility – If your vehicle needs service, the cost for maintaining and service it is on you
Vehicle Maintenance is Covered – In most lease transactions, the vehicle’s routine maintenance and repair is on us
Need A New Ride? – You’ll have to sell or trade-in your old one and buy a new one
Time For A New Kia? – When your lease is up, you can get a new automobile the same day, problem-free
Choosing Whether to Purchase or Lease Your Brand New Kia
Welcome to the ever-growing Kia family! You have actually selected to become part of one of the world’s highly regarded motor vehicle organizations, and we’re delighted to have you. Now it’s time to figure out between buying or leasing your new vehicle. This needs to be addressed carefully and with great consideration, as the options can be complex, and we want to help you make a perfect choice.
Should I Lease or Buy A Kia?
Buying and Leasing are two entirely unique approaches to obtaining your new car, and you should analyze a variety of factors before making your choice.
How long do you usually keep your vehicle?
We want you to answer this question in terms of years. 1-3 years? 4-5 years? 6 or more years? Look at your ownership history and be confident in your answer before moving forward. Some vehicles are used as weekend leisure cars, others you may use to pick the kids up from school or commute to work, and so on. These journeymen tend to rack up the most miles. Think about where your new Kia fits in the big picture.
How many miles a year do you drive?
On average, how many miles a year do you typically put on your vehicle?
Less than 15,000
More than 30,000
Consider your vehicle usage in the future – will your commute be the same in five years as it is now? Throughout our lives, where, when and how we use our car evolves. Families grow and change, or we may even be adding additional drivers to the registration. All of this must be taken into consideration when deciding between Kia leasing or buying, so plan carefully.
Which method do you usually choose when upgrading to a new vehicle?
Trade in my existing vehicle for a new one.
Sell my existing vehicle before I buy a new one.
Keep my vehicle once I have paid it off.
Financially speaking, we all have different preferences and reasons for updating our vehicles. Analyze if you are leaning more towards frequently hopping up to the newest model, or if you are more into building your own automobile collection. Perhaps you have a child approaching driving age and needs a first car. Indeed, you may have even grown fond of your current vehicle and have the financial means to add to your automotive family. Whatever your situation, plan accordingly.
How did you acquire your existing vehicle?
If you aren’t entirely happy with how your current payment method or plan worked out, maybe it’s time to make a change. On the other hand, you may be perfectly happy with how things have been going. Make this analysis before completing your Kia lease deal.
When you bring your new Kia home, how do you plan to treat it?
Whether you’ve just signed up for a brand new Kia Rio or selected one of our hybrid or hatchback lease deals, think about ways you may plan to physically alter your vehicle. If you’ve decided to lease your car, it will most likely need to remain in factory condition. One reason you may want to elect to buy is that you plan to make slight modifications or even completely customize your vehicle. If you choose to do this, you may violate the terms of your lease agreement. Speak with your dealer about these provisions.
How do you view the importance of your vehicle’s warranty?
If you have owned vehicles in the past or currently have a vehicle warranty, do you typically:
Replace your vehicle before its factory warranty expires.
Have a full inspection done on your vehicle before its factory warranty expires.
Ignore if your car is under warranty or not.
How you handle your warranty and its restrictions can greatly affect the resale or trade-in value, and even if you qualify for new leases.
How do you plan to service your vehicle?
Top-of-the-line and luxurious brands of cars don’t exclusively deserve to be brought into an authorized manufacturer or dealer service center. Depending on the terms of your lease, the moment your vehicle is serviced by anyone other than a certified and registered brand technician, you may be voiding your contract. Whether you perform the maintenance yourself or take it into your local service center when leasing you must review the terms carefully. Ensuring that you adhere to the stipulations of that contract dictate if you can continue to lease, or if perhaps you might consider becoming a full-on buyer.
Take a moment to look at our Kia Finance page to answer any further questions you may have regarding the specifics of your choice. Make sure you consider each option wisely.
Before stepping into our Shawnee Mission Kia dealership and speaking with one of our certified agents, make sure that you do your homework and come prepared with a list of questions so that you and your friends at Shawnee Mission Kia can get you on the road as soon as possible!
At Shawnee Mission Kia We have The Power to Surprise.
Luke in Service is my go to! Every time I bring my car in for a service, he’s “on it”. Always keeps me in loop, makes sure I fully understand what is being done or needs to be done with my car. He always makes the process easy. I always know I’m in good hands when Luke is there. Thanks, Luke for everything!