Why You Should Lease vs. Buy the New Kia Sportage
Leasing is a convenient option at Ciocca Kia with our dedicated lease center and experts to handle smooth returns. If you are new to leasing, our finance experts can show you a side-by-side comparison of leasing vs. financing terms to help you make the best decision. Leasing offers many great benefits and a hassle-free driving experience. With leasing, the monthly payments are lower, it's easy to upgrade to something new, and there are no trade-ins or negotiation hassles. Always drive a new vehicle and experience the convenience of leasing at Ciocca Kia.
Low Monthly Payments
Why are leasing payments so much lower than financing? When you finance a vehicle purchase, you borrow the money for the full purchase price, plus interest minus any deposit you may be willing to put down. With leasing, you only pay the depreciation and fees over the desired term. You typically need a large down payment to get the same low monthly payments you can get with leasing.
Shorter Commitment
Leasing is generally a much shorter commitment. The average lease is 36 months, but terms start as short as 24 months. The payment will vary depending on the length of the term. Our specialists can help you maximize the terms for your desired monthly payment.
Comprehensive Warranty Coverage
Leases are only available for new vehicles, which are under warranty for the duration of the lease. The warranty covers unexpected breakdowns or factory defects, ensuring you don't need to pay out of pocket for covered repairs.
Easy Upgrades
Leasing can save a lot of money, allowing you to splurge on a higher trim level. It's also easier to upgrade more frequently with a lease to a newer model with no trade-in hassles or negotiating between vehicles.
Convenient End of Lease Options
At the end of a lease, it's quick and simple to return your vehicle. However, you can do more than just return the vehicle. End-of-lease options include:
- Simple return
- Trade for something new
- Extend the lease
- Buy the leased vehicle