Buy vs Lease

Ourisman's New Inventory

View Inventory

Flexible Financing

Finance Application

Buy vs. Lease: Which Finance Option is Right for You?

Shopping for a new car is an exciting experience. You get to browse inventory, test drive the latest models, and get a feel for what your new vehicle will handle like when you finally hit the road on your own. However, an important decision remains between you and getting the keys to your new Kia - how do you want to finance your vehicle? Here at Ourisman Kia of Alexandria, our goal is to make your experience smooth and easy, which is why our finance team is happy to help you explore the differences between loan and lease deals. Down below, we will detail the benefits of both plans and why they might be the better choice for your financial needs.

Why Buying a Kia Might Be the Perfect Deal for You

The tried and true method of getting behind the wheel of a new vehicle is to take out a loan on your new vehicle and pay it down over time until the title of the vehicle passes to you. Buying a new car can have many benefits to your life, ones that you wouldn't get to enjoy if you decide to try out a lease.

While we want to make sure you get the best deal possible, we know that you might have a preference on how you would like to finance your new vehicle. When you buy a new car, you can enjoy benefits that include:

  • You Own the Car - When you purchase a new Kia, even if you take out a loan, you are the owner! That means you can customize the look and style to match your taste and even add aftermarket accessories to enhance the quality of your ride.
  • You Won't Need to Make Payments after You Pay the Loan Off - Unlike a lease, you take out a loan on your vehicle that will require you to pay down the amount. Once you have paid off the lease, you are free and clear of monthly payments - a lease can't promise this.
  • No Limit on Mileage - When you own your vehicle, you can drive to your heart's content without worry that you might hit the mileage limit imposed on lease vehicles that can cost you significant money at the end of your term.
  • Buying is Easier than Leasing - Typically, getting a car loan is easier for most drivers because credit score requirements are usually lower for a loan. More purchase options are available, meaning you have variety when choosing the deal that works best for you.

Why Leasing is the Choice to Make on Your New Kia

Sometimes, you don't want to make a large commitment to a new vehicle, and that's okay! Leasing is a relatively new way to get the keys to your next car compared to buying. Leasing is essentially like renting your next vehicle, but it also offers benefits that drivers who buy won't get to take advantage of. When you lease a new car or SUV from our Kia dealership, you can enjoy features like:

  • Lower Monthly Payments than a Loan - Drivers looking to spend less on their next vehicle will want to go with a lease deal. Since you are only paying for the depreciation that is expected during your time with the new car, your monthly payments enjoy a lower amount. Buying won't be able to match this with the same vehicle.
  • You Will Always Be Covered under Manufacturer's Warranty - When you lease, you are typically driving the car for two to three years based on the term length you agreed to. That means that you won't have to pay out of pocket for your maintenance needs that are covered under the manufacturer's warranty. When you buy your vehicle, any maintenance needs will have to be covered out of pocket.
  • Get to Try Out the Latest Technology Every Few Years - A leased vehicle is typically the newest model we have available at our Kia dealership. That means you can learn more about the latest and greatest technology that the lineup has to offer. And, you can upgrade every time you trade in your lease to the newest model.
  • Trading-In Your Lease is Easy - We are happy to assist you with the trade-in of your lease and help you decide what the best solution is for you. You can choose to buy your current lease, upgrade to the latest model, or walk away without committing to a new model. You have plenty of options when you lease from our Kia dealership!

Ready to finance your vehicle? Visit Ourisman Kia of Alexandria and discuss financing options with our team today!

  1. Ourisman Kia of Alexandria

    8670 Richmond Hwy
    Alexandria, VA 22309

    • Sales: 571-775-8600
Loading Map...

Get in Touch

  • Contact our Sales Department at: 571-775-8600
  • Monday9:00AM - 9:00PM
  • Tuesday9:00AM - 9:00PM
  • Wednesday9:00AM - 9:00PM
  • Thursday9:00AM - 9:00PM
  • Friday9:00AM - 9:00PM
  • Saturday9:00AM - 8:00PM
  • Sunday11:00AM - 5:00PM