Leasing Versus Buying

 

To lease or not to lease, many consumers are asking themselves this question. We at South Trail Kia want to go over the basics and help you make the right decision!

Pro’s of leasing:

• Lower monthly payments.
• Spend less on your down payment.
• You get to drive a brand new car every few years. Get bored of your vehicle fast? This is a great option for you!
• Great for your credit score, as it gives you better debt serving.
• Eliminates the hassle of buying and selling
• Driving a newer car means increased safety for you and your passengers.
• Leasing a new car versus buying an older car eliminates the risk of having to pay for repairs.

Leasing is a great option for all consumers! Ultimately, you will have a lower monthly cost than buying, this enables you to drive a nicer and newer car. A new model of car means the latest safety features, the newest technology and ultimately a better ride. Once your lease comes to an end, you will have the option of buying out your vehicle and keeping it for yourself, or simply upgrading to a BRAND new vehicle! Nowadays, technology is constantly changing, so why not have the newest gadgets?

Leasing is amazing because you will be paying less monthly, you will have a smaller down payment, you will be driving a brand new vehicle and you will always get the option to purchase your vehicle at the end of the lease!

Ultimately, leasing is a great idea if you love trying new cars, want to spend less monthly and want to eliminate the hassle of buying and selling.