At some point in life, it will be time to purchase a new set of wheels. Like many, when it comes to car shopping, you have your eyes set on the Kia you have always wanted, but the decision that often takes more thought is deciding whether you want to buy or lease it. While you cannot go wrong with either, there’s a decision better fit for each driver when considering factors like finances, obtaining ownership, and the long-term plan for the vehicle. Our team at Rusky Wallace Alcoa near Knoxville, Tennessee weighed the pros and cons of each so drivers like you can sit back, relax, and enjoy the process of picking out their new Kia!
Why Lease?
Not familiar with leasing? Think of it as a long-term rental. You get the luxury of driving some of the latest Kia models, without having to obtain ownership of it. Lease agreements typically last a couple of years, and once the contract is up, there is no hassle of having to sell the vehicle, as all you have to do is return the vehicle to our dealership and pick out your next ride. Along with these benefits, you will also enjoy the savings, as you may be able to afford to lease a vehicle you cannot necessarily afford to buy. Lower interest rates are typically offered with leases, and because you are not making a purchase, you do not have to pay sales tax on the transaction.
Leasing is a great option for our drivers that tend to buy a new car every couple of years, although, you are just paying to “rent” it. Therefore, once the lease is over there is no resale value like there would be from purchasing the vehicle. Along with the savings benefits, you will enjoy the manufacturer’s warranty coverage and complimentary services provided.
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Why Buy?
Purchasing your dream vehicle? If you are finally buying the vehicle you have always longed to own, and you plan to drive it until it is no longer able, it is best to consider buying the vehicle. By obtaining ownership, you can drive the vehicle as much as you please, without mileage limits, and you can customize the vehicle’s interior, engine performance capabilities, and more. Not to forget, the financial benefit of owning a vehicle, as making on-time monthly payments is sure to build your credit score.
Although, if you do decide you are ready for a new vehicle, you can bring it back to us at Rusty Wallace Kia Alcoa, near Knoxville, Tennessee to value your trade! The hefty amount of cash would be a substantial down payment towards a new vehicle.
Whether buying or leasing is right for you, we are eager to assist you with the exciting car shopping process at Rusty Wallace Kia Alcoa! Browse our fantastic inventory online today.
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