Whether you’re nearing the end of your lease or wondering about the service needs and requirements for your leased vehicle, the team at Kia Mall of Georgia is here to answer all your questions.
As your Kia lease comes to an end, you’ll likely be considering what comes next. At Kia Mall of Georgia, you have options, and we want to help you make the choice that best works for your needs.
End of Lease Options:
- Turn in your lease
- Purchase your leased vehicle
- Sell to us for a potential profit
- Maximize trade value on a new purchase or lease
When you lease an eligible vehicle:
- You benefit from a low down payment
- You get to drive a new vehicle more often
- And you don’t have to worry about resale or trade-in hassles
How leasing works:
- When you buy a car using traditional financing, monthly payments are based on the whole value of the vehicle plus interest
- When you lease a car, your payments are based on the portion of the vehicle you expect to use (plus interest) over the lease term
- Lease terms are usually 36-48 months
Leasing fine points:
- When you lease a vehicle, you do not own the vehicle and therefore it is likely to have certain restrictions. For example:
- You may be obligated to fulfill certain maintenance requirements.
- There may be restrictions on the miles you can drive
- And at the end of your lease term when you return the car, you may be charged for any excessive wear and tear
