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Buying vs Leasing

Buying vs Leasing

When making the decision on whether to buy or lease a car from us, there are some important differences between the two that you need to consider, and much relies on your personal taste.

When you choose to lease a car, you will have lower monthly payments, you have the opportunity to continuously upgrade your car, and you get to remain under the vehicle's warranty for your duration of time with the car. On the other hand, you only get to drive a certain number of miles every year, and if you keep the car for too long, you end up paying more for it than you would have if you just bought it, you could get hit with a lot of extra charges at the end of your lease, and, of course, you'll never actually own your car.

When you choose to buy a car outright, you can do anything you want to it, because it's yours! You'll end up spending less for the car if you decide to keep it for several years, you can drive it as much as you like, wherever and whenever you want to, and when you're ready for a new car, and you can use your car as a trade-in to bring the price down. However, you'll have to pay a much higher down payment when purchasing the car than you would if you were leasing it when the warranty expires, you will have to handle the costs of repairing the car yourself.

Which option is right? Both of them! The choice is up to you. At our dealership, we will help you decide what works best in your situation. As you can see, they both have their pros and cons. Whether you choose to buy or lease your car, we will be here to help you every step of the way.

Freedom Kia Morgantown WVWarranties include 10-year/100,000-mile powertrain and 5-year/60,000-mile basic. All warranties and roadside assistance are limited. See retailer for warranty details.