Benefits of Leasing
Buying a car gives you ownership of it, while leasing is more like renting for a period, although you can buy the model once the lease term has ended for a predetermined price. Kia lease specials offer numerous benefits on its leased vehicles, so if you’re in a fix about leasing a Kia vehicle in Greenville, Kinston, or Rocky Mount, here are some benefits that may help you decide.
Lower monthly payments
While leasing, you get to make lower monthly payments than you would if you were to purchase since you’re only paying for a percentage of the value (vehicle depreciation) that you’ll be using for the duration of your lease contract.
Kia lease specials grant many incentives that can help you pay off the car’s residual value at a lower amount.
Lower upfront costs/zero-down lease option
Besides a lower monthly payment requirement, you also benefit from modest upfront costs in terms of downpayment and can even get a zero-down lease option on certain Kia models, which won’t be available on buying.
More options more often
If you lease a vehicle, you get to experience what it’s like to be driving different cars. Since they’re also available at lower costs, you can experiment with various models that may have been out of your budget if you were to buy them.
Powertrain warranties are available on leased Kia vehicles as well for 10 years or 100,000 miles, which cover any defects relating to expensive parts. The basic limited warranty offered is also impressive, extending for 5 years or 60,000 miles.
If you aren’t an avid driver, and the distances you travel are generally less than 12,000 miles a year (or higher depending on mileage lease options), leasing can help you meet your needs without requiring you to dish out a large sum of money.
Lower maintenance costs
Maintenance and repair costs are lower for leased Kia vehicles owing to the new car warranties offered.
Disposition is hassle-free
You don’t have to fret over making a sale. Once your lease term ends, you can just return the car to the dealer and meet your lease-end obligations. You can even choose to buy the car when the lease term ends, which won’t be more than its residual value.