Lease-End Options
If you’re at the end of your lease but unsure of the next step, don’t worry. We’re here to help! Below is our condensed guide to your leasing options. You’ll find an explanation of what a lease is, the benefits that come with leasing and what your lease-end options are. Leasing a new vehicle may not be for everyone, so feel free to take advantage of this guide to choose whether or not leasing is right for you. To learn more, keep scrolling!
Did you know that you have the option to drive a new Kia without the hassles that come with owning a vehicle? That’s right! In a lease, you’ll make monthly payments for approximately two or three years, based on your lease agreement, and you’ll return your model at the end of your contract. While it’s true that new models depreciate quickly, your monthly payments will eventually even out your vehicle’s depreciation. There are annual mileage limits on leases, and they range from 12,000-15,000 miles per year. Worried you need more mileage? We offer our customers the option to add more at an additional fee.*
Fortunately, lease payments tend to be less than financing payments, and the down payment is generally lower as well. Also, your lease contract typically parallels the vehicle’s new car warranty, which means major repairs and replacements will be covered. What does that mean for you? You’re only financially responsible for routine maintenance (like oil changes, alignments and tire rotations). Everything else will be covered under the manufacturer’s warranty for the length of the lease.
Flexibility and convenience are the name of the game for leasing. You’ll get to upgrade to a new Kia every few years, and you won’t have to deal with the hassle that comes with selling or trading in your vehicle. You can also enjoy the latest technology updates, safety innovations and upgrades in comfort without being tied down to ownership of a vehicle.
Your Lease-End Options
When your lease is up, you’ll have three options to choose from:
Even if you enjoyed your Kia, you may decide not to purchase it. If so, it’s as easy as returning your model to our dealership and paying any applicable fees. Want to upgrade to the newest edition of the model you’ve been driving? Or, are you ready to try an entirely different model? Simply trade in your Kia for a different one. Maybe you’ve fallen in love with the Kia you’ve been driving for the past few years — you can offer to purchase your vehicle at the end of your lease.
For more information or to discuss your lease-end options further, contact us today or stop by our dealership at 6423 14th St W, Bradenton, FL 34207. And don’t forget to check out our current new car specials to see if you could get an exceptional lease offer on the Kia you want. We look forward to serving our customers near Venice and Sarasota.
*According to Edmunds.com. Please visit this link for more information.
