How to Lease a Kia:
A Basic Guide

Have you heard that leasing a Kia can be better than getting a car loan? Have you heard that your monthly lease payments can be lower with a lease than they are with a loan? Here are some fundamentals about how to lease a new Kia from Kia of Wilmington in Wilmington, DE. We'll share insights on why leasing is sometimes better, sometimes not, whether you live in West Chester PA or Newark, NJ.

What's the difference between a car loan and a lease?

When you get a car loan, you're actually buying a Kia. In other words, if you make all your monthly payments, at the end of the loan period (or "term"), which could be anywhere from 36 to 72 months, you'll own your Kia outright. When you get a lease, you're not buying that Kia, you're simply making payments, usually for 36 months. At the end of the lease, you may be billed for damages or other charges, and that Kia goes back to our dealership.

What are some advantages of a lease?

Perhaps the biggest "pro" in favor of a lease is that your monthly payments really will be lower with a lease than they would with a loan for the same new Kia model. Another leasing "pro" is that you don't have to worry about selling that used Kia at the end of the 36-month lease. You hand it back to us at Kia of Wilmington and you can get a new lease and a new Kia. You also have quite a few other options at the end of a Kia lease.

What are some disadvantages of a lease?

One disadvantage is that, when you do Kia Sorento leasing, you never own your Kia. With a car loan, you're gradually building ownership, and the value grows over the life of your loan. That's value you can use to help buy your next car. With a lease, you're not building value. With any lease, you pay for excess damages and you pay a fee if you drive more miles than the annual limit, usually about 12,000 miles. 

Who is leasing especially good for?

Leasing may be a good choice if you drive fewer miles around Salem, NJ or Elkton, MD than the yearly "cap" which, again, is usually around 12,000 miles/year. Leasing might work if you don't have a lot for a down payment and your monthly cash flow is tight. With any lease, you usually still have to make a down payment but your monthly payments are lower.

What happens at the end of my lease when I return the Kia to you?

The choices are up to you. Many people return their leased Kia Sportage, pay any "lease-end" charges that result from the final inspection, and then start a new Kia lease on another new Kia. You can also walk away from leasing and buy a new Kia with a car loan. Learn more with our Kia End-of-Lease Guide 

How can I save money on leasing a Kia?

One way is to look for Kia lease specials and leasing deals on our website. Another way is to check out our Low Payment Kia Vehicles. These are specials on more affordable Kia models with lower lease payments. Fortunately, Kia is less expensive to buy than other cars and less expensive to maintain, so consider leasing a Kia model like a Kia Sportage, Kia Forte, Kia Soul, Kia Sorento, Kia Sedona, Kia Niro and Kia K5.

Talk to us at Kia of Wilmington to learn more

We encourage you to talk with our friendly, knowledgeable financing specialists in the Finance Center at Kia of Wilmington. They can answer any leasing questions, take the mystery out of leasing and help you decide if leasing a Kia is right for you. And don't feel intimidated. We help people every day who are thinking about leasing for the first time, so we'll make it easy for you at Kia of Wilmington in Wilmington, DE.

Contact Our Staff


Kia of Wilmington

1603 Pennsylvania Ave
Directions Wilmington, DE 19806

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

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