Leasing Benefits

Leasing Benefits

Leasing offers unique benefits and financial advantages when compared to financing a new vehicle. When you lease a vehicle, you only pay for a portion of the vehicle’s depreciation, rather than the full Manufacturer’s Suggested Retail Price (MSRP). This makes leasing payments substantially lower than finance payments on the same model over an equivalent term.

Guaranteed Asset Protection (GAP)

Your Kia Motors Finance lease is automatically protected by (GAP)+. With GAP, you won’t have to pay the difference between the amount owing on your lease, and your insurance company’s payout in the event your vehicle is stolen or deemed a total loss as a result of a collision.

Flexible Terms

Kia Motors Finance lease terms are available up to 60 months, providing you with the flexibility to select a shorter term if you would like to drive a newer vehicle more often.

Guaranteed Residual Value

With Kia Motors Finance lease, your contract residual value is protected and will not be affected by market fluctuation.

Excess Wear & Use Protection Plan

Excess Wear & Use Protection Plan provides you with up to $7,500 for repairs and replacements to the following parts:

  • Windshield and glass
  • Paint chips and cracks
  • Exterior dents, dings, and scratches
  • Headlamps, tail lamps, and bulbs
  • Mirrors
  • Bumpers, step bumpers, surrounding trim
  • Factory audio equipment
  • Carpets
  • Mufflers and tail pipes
  • Rubber door seals
  • Door handles
  • Moldings, trim, metal, chrome
  • Name plate badges and hood ornaments
  • Upholstery and interior rip, tears, and burns

Backed by Kia Motors Finance, this plan has a $0 deductible; no claim forms to submit, is transferable with your lease, and has no upfront costs. You can authorize deductions through your monthly lease payments. Speak with your local dealership for more details.

 This is a general description only. Product features may change or be discontinued at any time. For the full terms and conditions that apply to the Excess Wear & Use Protection Plan, please see the schedule to Lease Agreement – Waiver of Charges attached to your Motor Vehicle Lease Agreement. The Excess Wear and Use Protection Plan is not an insurance policy.