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Leasing vs Buying

Leasing vs Buying

Looking to upgrade to a vehicle that's as smart and stylish as it is dependable? With Kia, you're already on the right track. The next step is choosing how you want to pay for your new vehicle—and at Andy Mohr Kia, we're here to help you decide between leasing and buying based on what fits your lifestyle best. 

Let's break it down and help you make the move that works for you. 

Why Buy a Kia?

Why Buy a Kia?

Kia vehicles offer exceptional value and long-term reliability, making buying a smart choice if you plan to keep your car for a while. Once your loan is paid off, your monthly payments are gone—leaving you with a reliable ride and more money in your pocket. 

Ownership gives you the freedom to drive as much as you want and make the vehicle your own. Want to add accessories, customize the exterior, or install all-weather upgrades for Michigan winters? Buying means it's all up to you. Plus, with Kia's industry-leading warranties, you're backed with confidence long after you drive off the lot. 

Why Lease a Kia?

Why Lease a Kia?

If you're looking for flexibility and lower monthly payments, leasing a Kia is a great way to enjoy the latest features without committing long-term. Many of our drivers love leasing because it makes newer trims and tech packages more accessible—perfect for keeping up with innovation. 

From advanced driver-assist features to hybrid and electric options like the Niro and EV6, leasing lets you upgrade every few years with ease. You'll also stay covered under warranty for the duration of your lease, which helps reduce surprise repair costs. 

Still Unsure Which Path to Take?

Still Unsure Which Path to Take?

Choosing between leasing and buying your next Kia isn't just about numbers—it's about how you live, drive, and plan for the future. It helps to take a step back and think about what really fits your lifestyle today and where you might be a few years from now.

Here are a few questions to help guide your decision: 

  • Do I want to keep my car for many years and own it outright? 
  • Am I excited about upgrading to a new Kia more often? 
  • Is monthly payment or overall cost more important to me? 

If you answered yes to the first question, buying may give you the control and long-term value you're after. If the second or third feels more aligned with your priorities, a lease could offer the flexibility and affordability you need. Either way, our team is here to talk it through and help you make a choice that feels right. 

FAQs About Leasing a Kia

Can I trade in my leased Kia toward a new Kia lease or purchase?
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Yes! You can trade in your leased Kia toward a new lease or purchase at the end—or even before it ends. We'll help assess your vehicle's equity and apply any trade-in value toward your next Kia.

What are my end-of-lease options for a Kia?
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When your lease ends, you typically have four options: 

  • Return the vehicle 
  • Lease a new Kia 
  • Purchase your leased Kia 
  • Sell the lease to a third party (with approval) 

Our team can walk you through each option to make sure it aligns with your goals and financial plan. 

How are excess wear-and-use fees calculated on a Kia lease return?
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Excess wear-and-use fees are based on the condition of your vehicle at lease return. Dents, scratches, interior damage, and worn tires may incur charges. Kia Finance America provides a lease-end kit about four months before your contract ends.* You’ll get step-by-step guidance to select an option—whether returning your vehicle, buying it out, or leasing a new one—with clear instructions to help avoid unexpected charges.

Your Next Kia, Your Way

There's no right or wrong when it comes to leasing vs. buying—it all depends on what fits your lifestyle. At Andy Mohr Kia, we're here to help you weigh the options and find the best path toward driving home in the perfect Kia for you. 

Contact our team today and let's get you rolling with confidence!

* Source: Kia Finance

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