Milwaukee Lease Deals

Are you not quite ready to buy a car yet? Maybe you don't want to deal with ownership costs, or you don't know which car is right for you. That's okay! It's a great chance to take advantage of Milwaukee's lease deals at your local Kia dealership. Ewald Auto is a Kia dealership in Milwaukee that always has promotions going. We also guarantee personal service and convenience for all your purchases. But before you come to lease a Kia from us, it's essential to know the basics of leasing. 

How does leasing a car work?

A lease has many similar components to a car loan, but you don't own the car at the end. There are benefits and disadvantages of a car lease. So it's up to you to decide if a Milwaukee lease deal is right for you! Here's how the basic process works.

• When you decide to lease a car, you will sign a lease agreement with the lessor. The lessor is the company that leases you the car. There will be several components to the lease agreement:

• Your down payment at the start of the lease

• The length of the lease

• Your current car value will determine your monthly payments at the end of the lease.

• Fees at the end of the lease

• The interest rate or rent charge on the lease

• How many miles you can drive during the lease

• How "normal wear and tear" is defined

• What happens if you miss a payment

• What happens if you want to terminate the lease early

• There are a lot of components! But it is all relatively straightforward. And you can qualify for a Milwaukee lease deal with lower credit than you would need to buy a car. That's a big bonus!

• It would help if you also considered car insurance and gap insurance. Gap insurance will cover the difference between the car's residual value and how much your car insurance will pay if the car is totaled. Some lessors will require you to pay this; some won't.

Is leasing a Kia a good idea?

Leasing a Kia is a good idea if you want to lease a car. Ewald Auto has a large selection of Kia's, so you can get a great Milwaukee lease deal. 

• You can take advantage of any Kia lease deals going on at the time. Depending on the time of year, the current market, or other factors, you can find great deals.

• The factory warranty will cover new Kia vehicles during your lease period. You don't have to worry about any high maintenance costs.

• Getting a Milwaukee lease deal is infinitely more simple than selling a car. You get to test out multiple Kias if you want. And at the end of your lease, no need to haggle over prices and do a bunch of paperwork.

What do I need to know when leasing a car for the first time?

You need to know a few things about leasing before you start one. Leases are not complicated or tricky, but they could get you in trouble if you don't understand them.

• Of course, you should first ask about any lease specials. Some Milwaukee lease deals are often going on that can save you money!

• Within a lease agreement, you can only drive a certain amount of miles. The amount depends on what you and the lessor decide upon for your Milwaukee lease deal. However, if you drive more than that, you will have to pay extra. Don't go on any long trips!

• You will also have to pay more if the vehicle incurs excessive wear and tear. How this is defined also depends on the lessor. They're not unreasonable, but you do have to be careful.

• Find out what will happen if you miss a lease payment with your specific lessor. Some may be more lenient than others. Always better to be safe than sorry! 

• There is a lot of lease jargon to know. When you hear the words "money factor," that means interest rate. And when you hear "residual value," that is how much the car is worth at the end of the lease. That is what will determine your monthly payment due to depreciation.

Does leasing a car affect your credit?

We know you want to get in on the Milwaukee lease deals, but first, you have to know if it affects your credit. Yes, it does. In a good way! Like a car loan, a lease is a chance to build your credit. Assuming you will make your payments on time for the whole lease, you're on the road to better credit. And since leasing a car doesn't require as high of a credit score, it's a great way to build up to buying a car.

Does car leasing include insurance?

No, car leasing does not include insurance. Like you would need to buy your insurance if you buy a car, you buy your own for a lease. It is best to have your insurance figured out before heading to our Kia dealer near you. You can add a leased Kia to a pre-existing car insurance policy or figure it out at the dealership if you have the correct information. There are quite a few ways to take advantage of Milwaukee lease deals and not pay too much for insurance as long as you do your research!

So as you can see, leasing is an excellent option for many situations. If you're in the position to lease a car, come check out our Milwaukee lease deals! We've always got some excellent deals going on. So see for yourself if any of our deals are right for you. We hope to see you soon!