Should I Finance or Lease My New Car?

Drivers from the Rochester, MN area who are ready to invest in their next vehicle can find a variety of options when they make Tom Kadlec Kia their go-to new Kia and used car dealer. Choosing to buy or lease your next vehicle isn’t always an easy decision. The Tom Kadlec Kia team is here to help you select the best option for your lifestyle, budget and preferences.

Buying Vs. Leasing

There are benefits to both buying and leasing your next vehicle. This usually depends on each individual driver’s personal driving style and taste. Our finance center recommends buying your next Kia or used car if you’re interested in owning your vehicle long-term, don’t want any mileage restrictions and want to make alterations, personalizations or if you want to add any accessories. When your loan is through, you’ll own your vehicle outright and then you can either continue to drive it, or you can sell it if the time is right.

Leasing is a better option for drivers who aren’t interested in committing to a vehicle long-term. If you’re the kind of driver who prefers taking the wheel of newer models every few years, then we recommend leasing. Leasing your next vehicle, however, means you’ll have a mileage cap that you’ll have to cover out of your own pocket if it’s exceeded. Leasing a vehicle also means you can’t make any permanent changes. Some positives of leasing, however, include more affordable monthly payments, the chance to drive newer models every few years and a few end-of-lease options. When your lease is up, you have the freedom to either renew the lease, buy the car you’ve been leasing or start leasing a new vehicle.

Finance your vehicle at Tom Kadlec Kia and enjoy the right financing plan for your budget and needs today. Our team is always available to chat about your financing options, so give us a call or stop into our Rochester, MN dealership to speak with a team member.

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