Buy vs. Lease

buy or lease a vehicle

Shopping for a new car is an exciting time that comes with some decisions you have to make, one of those decisions is whether to buy or lease your new car. There are advantages and disadvantages to both buying and leasing so it’s important to know the difference before making your decision.

Here at Rosen Kia Milwaukee we have provided a breakdown of both buying and leasing your new Kia so you can make the best decision possible.

Upgrades vs Ownership

When you choose to lease a car, you are essentially renting the vehicle which means you will eventually have to bring it back when the lease terms are up. This can be looked at as both a negative and a positive because although the car isn’t fully yours, the ability to return it allows you to drive a new car every few years.

When you finance a new car with a traditional auto loan you slowly begin to build equity and once it’s fully paid off you have something to call your own. However, some people consider this a downside because as the years go by newer, more updated versions of your vehicle come out which means you miss out on the latest features.


Lease payments are typically lower than monthly loan payments which makes leasing the more budget friendly option. You also have to put less money down upfront when you choose to lease. Buying a car can come with more added fees while with leasing you are technically only paying for the depreciation of the car.


When it comes to having flexibility with your vehicle, financing is the winner here. When you lease you can’t alter the vehicle while it’s in your possession because it will cost you more money when you return it. There is also a mileage limit that you cannot exceed when you decide to lease which can also lead to extra fees if you go over.

When financing you can choose to get rid of the vehicle whenever you want as long as you pay the outstanding balance. Returning your lease before the term is up can actually end up costing you more.

Kia Financing and Leasing in Milwaukee

There are benefits to both buying and leasing a new Kia, it really just depends on what your personal preference is. When you are ready to start your car shopping journey visit us at Rosen Kia Milwaukee located near Greenfield, Franklin, and Oak Creek.

We have a great selection of new Kia vehicles to choose from and our expert finance team can help you decide whether buying or leasing is the right choice for you. If you have any questions or would like more information about buying vs leasing, feel free to contact us online today!