Should I Finance or Lease my Next Car?

finance and lease pros and cons

Now that you know which Kia model you’ll be taking home, all that’s left to decide is whether you’ll be leasing or financing your vehicle through our dealership in Matteson, IL. To help make your final decision a little bit easier, the experts at Hawkinson Kia have taken some time to explain the benefits of both leasing and financing. Keep reading to learn which option is best for your budget and lifestyle.

If you have any questions before you move on to the rest of the article below, feel free to give us a call at (708) 298-5350 for answers from our team of automotive product specialists.

Pros & Cons of Leasing

If you would like to make sure that you are driving the latest Kia models every few years, leasing your next sedan SUV is your best bet. Since you’ll only be paying for the portion of the vehicle’s life that you’ll be driving, monthly payments are typically lower with a lease agreement. The downside to leasing is that there are often restrictions on mileage and customization. That means that any aftermarket parts you’ve installed will have to be removed before you turn the vehicle in.

Pros & Cons of Financing

There are also several benefits to financing your next vehicle with us. If you would prefer not to worry about mileage and customization restrictions, you will definitely want to consider financing. Even though the monthly payments tend to be a little bit higher than with a lease, you’ll own the vehicle outright. This means that it is yours to do with as you see fit and any aftermarket parts or accessories will remain installed as long as you like.

Contact The Finance Department at Hawkinson Kia Today!

Do you have any additional questions you would like our team to answer? If so, don’t hesitate to contact Hawkinson Kia using the form on our website. We also encourage you to stop our finance center to learn more about the final step in the purchasing process.

If you would prefer speaking with one of our team members directly, you can do so anytime during our posted hours of operation by calling (708) 298-5350.