Find a loan or lease that fits your budget and the way you drive.
How far you drive and how long you like to keep a vehicle can help guide your decision. Here’s where buying and leasing differ.
A good fit if you plan to keep your vehicle for years or your mileage varies.
A good fit if you enjoy upgrading and can plan your mileage. Terms and upfront costs matter.
Explore the differences that could shape your decision.
Loan payments go toward purchasing the vehicle, plus interest and any financed fees. Once the loan is paid off, your monthly loan payments end and you own the vehicle outright.
You pay to use the vehicle for an agreed term and mileage. Payments are often lower than financing the same vehicle, depending on the terms and money due at signing. Leasing does not itself give you ownership; compare the total cost of both options.
There’s no lease mileage allowance, making buying a practical choice for long commutes, road trips, or changing driving needs. Higher mileage can affect resale value.
Your agreement includes a mileage allowance. Choose one that suits your routine. Excess mileage and wear may result in charges when you return the vehicle.
Make your vehicle your own with parts, accessories, or appearance changes. Consider how modifications could affect warranty coverage, safety, and resale value.
Moving into a newer model every few years gives you opportunities to enjoy the latest technology, entertainment, and safety features. Changes to a leased vehicle must follow your agreement.
Once your loan is paid off, keep driving your vehicle or sell it. You may also be able to pay off your loan early; review your agreement for any conditions.
Return your vehicle and explore a new lease or purchase, or buy your leased vehicle if your agreement allows. Ask our team about an extension or renewal if available.
Loan and lease offers are subject to credit approval and program requirements. Payments, upfront costs, mileage allowances, purchase options, and fees vary by agreement.
Estimate a Loan Payment →Whether you’re buying a new Kia or a used vehicle, our finance team will take time to understand your budget, credit situation, and lifestyle. We’ll help you compare available plans and explain the numbers so you feel comfortable with your decision.
If your credit isn’t ideal, you’re still welcome to talk with us. We’ll review your situation and explore available financing programs, with approval and terms determined by the lender.
Personal guidance for drivers in Rochester, Stewartville, Kasson, Byron, and beyond.
