Drivers who are new to leasing often have questions about how it works. Over the years, we've answered some questions about leasing more often than others. For that reason, we've compiled a list of the FAQs we're asked often so you can learn about leasing. If you don't see your question on our list of frequently asked questions, we encourage you to contact the pros in our Kia finance center to inquire about a Kia lease.
What Exactly Is a Kia Lease?
As you browse the new Kia cars at our dealership, you may overhear conversations about leasing. A lease is basically a long-term rental agreement. When you lease a vehicle, you'll provide a down payment and make monthly payments for the right to operate the leased automobile for as long as the lease stipulates.
How Long Do Leases Last?
The length of a lease is referred to as its term. If you lease a vehicle from our Kia dealership near Sacramento, CA, you'll see that your contract's term is expressed in months instead of years. Leases have a range of terms, with some lasting 24 or 36 months.
What Happens When My Lease Ends?
At the end of your contract, you'll need to return your leased car to our Kia dealership. Our team will then inspect your car and assess any penalties that you may have to cover. Some lease contracts allow you to finance the vehicle after your lease ends, so that you can keep driving it if you really enjoyed it.
Why Would I Have to Pay a Penalty?
Leases contain certain provisions and constraints. For example, they include a maximum number of miles you can drive every year and mandate that you keep up with the routine maintenance your vehicle needs. If you fail to comply with requirements like these, you may have to pay a penalty when your lease expires.
Is a KIA Lease Better Than an Auto Loan?
The answer to this question depends on various factors, such as the amount you drive every year and whether you want to keep the vehicle you have an interest in permanently. For help choosing between leasing and buying, visit our Kia dealership.
Do You Offer Any Leasing Specials?
Yes, we have Kia deals for interested prospective lessees. If you have questions about our Kia lease and finance offers, don't hesitate to reach out to the team at Folsom Lake Kia. We're looking forward to getting you behind the wheel of your dream car.
Hours
- Monday 8:30am-8:30pm
- Tuesday 8:30am-8:30pm
- Wednesday 8:30am-8:30pm
- Thursday 8:30am-8:30pm
- Friday 8:30am-8:30pm
- Saturday 8:30am-8:30pm
- Sunday 9:00am-8:30pm
Contact
Folsom Lake Kia
12751 Folsom Blvd.
Folsom, CA 95630
- Sales: 916-235-8702
- Service: 916-461-1519
- Parts: 916-379-7466