What is the difference between buying and leasing?

Advantages of Buying vs Leasing a Kia model 

If you’re looking for a new car or this is your first time car shopping, you might want to look at the various financing options a dealer has available. That is why we will be talking about the advantages of buying vs leasing a Kia model. At Matt Blatt Toms River Kia, we pride ourselves on our customer service and we hope this tool will help you better understand the differences and advantages of buying and leasing a vehicle. 

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Purchasing vs Leasing 

Most people are familiar with purchasing a vehicle. Drivers usually finance a vehicle for five to seven years before they then own the vehicle. Leasing is different. Leasing does not lead to ownership of the vehicle and drivers make monthly payments for 36 months in most cases. These are two different ways of getting behind the wheel of a new vehicle. Now, let’s take a look at the advantages that leasing a car offers. 

Pros of Leasing 

There are several pros to leasing a car over buying one. A lease on a vehicle commonly runs between 24 and 36 months. This gives you the freedom to drive a car without long contracts. Leasing is also a good idea if you want the newest models with a more affordable payment. You can lease a new vehicle for three years and then replace it with the latest model afterwards. You can also buy your leased vehicle and pay for the remaining cost at lease end. 

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After looking at the advantages of buying vs leasing a Kia model, you can start to evaluate your best plan of action when shopping for your next car. There are plenty of leasing offers to choose from here at Matt Blatt Toms River Kia. If you want to learn more about our leasing options, you can visit our Specials page and schedule your test drive with Matt Blatt Toms River Kia today! 

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