Open Today! 8:00 AM - 8:00 PM
Open Today! 8:00 AM - 8:00 PM  |   Log In  |  Sign Up
1556 Interstate Dr Cookeville, TN 38501 (931) 218-6106
1556 Interstate Dr, Cookeville, TN 38501
Sales: (931) 269-4422 | Service: (931) 520-4196 | Parts: (931) 520-4197
Buying VS Leasing
Buy vs Lease

Buying vs. Leasing Your New Vehicle in Cookeville, TN

There are many choices to make when searching for a new vehicle. Not only do you need to pick what make and model you want, you also have to decide whether to lease or buy your new ride.

It's important to learn about both options before making a decision. Here at Cumberland Kia, we've made a list of the perks of buying and leasing. Keep reading to find out which one is right for you.


Freedom of Choice

One of the biggest advantages of leasing a vehicle is freedom. Customers have the option to drive a new vehicle every few years without the inconvenience of selling or trading in a car.


Leasing terms are usually between 24 and 60 months. You're able to make more affordable payments with shorter terms. When leasing, you can also choose your mileage. Leases typically give you 12,000 or 15,000 miles per year, but you can purchase more miles at signing.

Lower Payments

Leasing can cut down your financial responsibility and monthly payments, because you only pay to drive your vehicle for a limited time. It's also a great solution if you're not prepared to put down a large down payment. There are leasing options that require $0 down.

Hazard-Free Driving

Most leases last for two to three years, and your car is normally covered with warranty protection while you have it.

True Convenience

When a lease ends, there's no need to sell or trade in your vehicle. You simply return the car and pay any remaining fees (such as for excess mileage or wear and tear) and taxes. If you want to keep your vehicle at lease-end, you can buy it for a predetermined price.



The main benefit of buying rather than leasing is ownership. It's wiser to purchase a car that you plan to keep for a longer time frame. Plus, buying allows you to customize your new ride to match your lifestyle.

No Mileage Limitation

Leasing requires that you calculate in advance how many miles you'll drive each year. But ownership frees you from mileage restrictions. When financing your vehicle, you can drive as far as you desire without collecting fees.

Payment Flexibility

Buyers can decide to finance a car or purchase it outright with cash. When financing, you have a loan and pay off the vehicle over an extended period of time. Buying with cash gives you ownership of the car right away and doesn't require monthly payments. When financing, it's important to secure an affordable, dependable and competitive rate like what we offer here at Cumberland Kia.

True Freedom

You become the owner of your vehicle when you finish your payment schedule, a process that usually takes four to six years. Ownership means no more monthly payments. It also means that you can sell or trade your vehicle at any time or keep driving it for as long as you want.

If you happen to have any questions or would like to get to know us more, come visit us at 1556 Interstate Dr, Cookeville, TN 38501. We look forward to serving customers from Crossville and Sparta.

Building your garage...