FAQs About Leasing a Kia

FAQs About Leasing


Is leasing a Kia right for you? Here's a Q&A for our friends around Wilmington, DE

Leasing is becoming an increasingly popular way to finance a new car, instead of getting a car loan. At Kia of Wilmington, we've seen a growing interest in leasing, but we know many of our neighbors in local communities like West Chester PA and Newark, NJ aren't that familiar with leasing, and want to understand how it's different from a loan. To start the conversation, here's a Q&A that will introduce you to the subject.

Why is leasing a good option?

Leasing a Kia has several advantages. The biggest reason most people get interested is because your monthly lease payments usually turn out to be less than a loan on the same vehicle. Another big advantage is that, at the end of your lease contract, you don't have to worry about selling the car you've been leasing a Forte. Instead, you can just bring your Kia back to us and start a new lease, with a brand-new Kia.

How long does a lease last? 

By far the most common lease term is 36 months. That brings up a big advantage you get by leasing a Kia Sorento. Because Kia has one of America's best warranties, your new leased Kia K5 will have warranty coverage throughout that 36-month period. During that time, you will be responsible for the regular maintenance that will help keep your Kia SUV or sedan running like new. At the end of the Sportage lease, you may be billed for any excess wear and tear.

Do I have to put money down?

The answer is, "Not necessarily." The general rule is that you pay about 20% of the price of that new Kia as a down payment. But if your credit rating is exceptionally good, a lease special with a lower down payment might be available. Call us or make the short drive from Salem, NJ or Elkton, MD and let's talk about it in person.

How many miles do I get with a lease? 

The standard annual limit on a lease vehicle is 12,000 miles per year. If you drive more than the limit, you would have to pay an excess mileage fee. There are other costs connected with a Soul lease so it's important to learn more of the details. Let's continue the conversation at Kia of Wilmington, DE. Our financing specialists can help you decide if a Kia Niro lease is the right option for you.

Contact

Kia of Wilmington

1603 Pennsylvania Ave
Directions Wilmington, DE 19806

  • Sales: 302-656-3100
  • Service: 302-656-3100
  • Parts: 302-656-3100