How To Lease a Car in Gilbert, AZ
If you’re looking to lease your next model, then look no further than Horne Kia in Gilbert, where we talk to drivers every day who are curious about leasing but aren't quite sure how it works. Whether you've been eyeing the new Kia Sorento or dreaming of getting behind the wheel of a Kia EV6, leasing might be the smart path to get you there. Here's everything you need to know before you sign.
What Is a Car Lease?
Think of a lease as a long-term rental agreement. Instead of financing and owning the vehicle outright, you're essentially paying for the portion of the car's value that you use over the lease term, typically 24 to 36 months. At the end of the lease, you return the vehicle, and you can choose to walk away, lease something new, or purchase the car at a predetermined price.
How Lease Payments Are Calculated
Your monthly lease payment for a new Kia model is determined by a few key factors. The first is the capitalized cost — essentially the negotiated price of the vehicle. The lower you can get this number, the better your payments will be. The second factor is the residual value, which is what the car will be worth at the end of the lease term. A higher residual value means lower monthly payments, since you're financing less depreciation. Finally, the money factor acts similarly to an interest rate and affects how much you pay in financing charges each month. Down payments can also lower your monthly payment, though we always advise customers to be thoughtful here. Unlike a loan, money put down on a lease isn't recoverable if the vehicle is totaled.
Mileage and Wear
Most leases come with an annual mileage allowance, commonly 10,000, 12,000, or 15,000 miles per year. If you're commuting daily along the US-60, it's especially important to be honest with yourself about how much you drive. Exceeding your mileage limit results in per-mile overage fees at the end of the term. Similarly, the vehicle should be returned in good condition. Normal wear is expected, but significant dents, stains, or damage may result in additional charges.
Why Leasing Makes Sense for Many Drivers
Leasing is an excellent option for drivers who love driving a new vehicle every few years, want lower monthly payments compared to financing, prefer to stay within warranty coverage at all times, or use the vehicle for business purposes. And if weekend trips to Freestone District Park with the family are part of your routine, leasing lets you always show up in a fresh, reliable Kia without the long-term commitment of ownership.
The End of Your Lease
As your lease matures, we'll walk you through your options well in advance. You can return the vehicle and lease a brand-new Kia, purchase the car at the residual price outlined in your original contract, or simply return it and browse other options. If you’re feeling ready to take the next step, then stop by our dealership or give us a call. Our Finance Department is here to match you with the right Kia and the right deal.
Learn More About Your End of Lease Options!
Dealership Information
Testimonials
"I have been using Horne Kia to service my 2016 Kia Sorento and been very pleased"
"Everyone there at Kia were all so kind and very helpful!"
“ I just purchased a new Kia K4 with the help from my sales agent, Michael Rosado. He was a tremendous help in dealing with my issues and getting me through the purchase process. He was knowledgeable and very personable as well. In fact everyone there at Kia were all so kind and very helpful! ”
This dealership was top notch!!
“ This dealership was top notch!! Clarke was very professional and honest! Also the internet sales manager Joshua was also great!! This dealership is amazing !! Very honest and helpful!! Also the service department is outstanding!!! ”
cindy fried
“ Horne KIA has been a wonderful place to purchase my new car! Marissa, my salesperson, worked tirelessly to help me find the car that fit my wants and needs. The facility provides a cool, clean environment that kept my husband and I comfortable as we moved through the purchase process. Thank you, Marissa and the KIA team! ”
Tyler Staley
“ I've been in and out of there quite a few times being very indecisive of what vehicle I wanted to get. Aaron, my salesman, was awesome through the whole process. He really listened to what I wanted to do and helped me get a really great deal. This is the best car buying experience I have ever had. Highly recommend Aaron and the team at Horne Kia! ”
Rose Russell
“ Horne had the very best pricing of everyone including Costco. We worked with Danielle and he was super professional, personable, humble and just very authentic. It was a pleasure working with him and the other gentleman that went thru the pricing, financing and insurance. Wish every dealership transaction was this pleasant and quick! ”
Ronnie was amazing to work with
“ Ronnie was amazing to work with, we had a great experience! I Would highly recommend! ”
Barbara bloss
“ Barbara bloss was very helpful, she got me all the information I needed and did an outstanding job in customer service. Thank you ”
Great service!
“ The most ethical and caring out of the surrounding dealerships! Would recommend to everyone! ”
Had a great experience
“ Had a great experience. Jack was very professional and well educated. Definitely refer all my friends ”
The people were polite, professional, and knowledgeable
“ The people were polite, professional, and knowledgeable. Rachel started the ball rolling when she answered my online enquiry.. for me this was the most important step in the process to get me into the deal ”
I just bought a used Ford Bronco
“ I just bought a used Ford Bronco from Horne Kia and had a great experience. My sales rep Jacob was very friendly and knowledgeable; a pleasure to deal with. After looking at the CARFAX, I see that in prepping this vehicle for sale, they replaced all 4 tires, changed the oil and installed a new air filter and cabin air filter. They surely could have squeezed out more profit by not doing any of this work, so I’m so appreciative of them doing so. And I even drove away with a full tank of gas. Thank you Jacob and Horne Kia ”
Smooth transaction
“ SALES VISIT - NEW Smooth transaction and very helpful staff made my first car buying experience easy. Totally recommend ”
Alot if help
“ Respecrful kind would go back to them for a cae again... thank ”
I highly recommend anyone looking for KIA to stop in and ask for DAMIAN! He knows his stuff!
“ We just purchased a KIA EV6 WIND from Damian Wisdom at HORNE KIA. We are his first EV Sale! He made this purchase easy and smooth! He was able to answer all our questions! Looked them up if unsure. I wanted white…he looked in his inventory and came out and said “let’s go check out your UNICORN!” EV’s are hard to get and usually a waiting list…I feel lucky to have stopped in here and actually get what I was looking for! Way to go Damian! I wish you the BEST in all your future sales and I highly recommend anyone looking for KIA to stop in and ask for DAMIAN! He knows his stuff! ”
Overall, we had a Good experience.
“ Found the perfect vehicle at Horne Kia. We came to look for a Kia Sorento in wolf gray. The dealership had it and was inside the show room. Looked classy, modern, and sporty. The color took the vehicle to another level. Pleased with the sales rep Ali, the manager Ray, financing with Tom. They were very patient with us as we were undecided to many times. Tom was easy to work with and smooth signing at the financing. No hassle or pressure from these guys. Went home with my beautiful vehicle. Overall, we had a Good experience. ”
I have never been so happy and relaxed buying a car.
“ I have never been so happy and relaxed buying a car. Barbara Bloss, Sean, and the rest of the Horne Kia crew are amazing! I not only got a beautiful car but my son went today and got a great deal on his as well I would recommend them to anyone! ”
I would definitely recommend this dealership to family and friends!
“ Everyone was so nice during my experience purchasing a car here. Hadair was so great and did everything he could to help my family and I get into something that works for us. Out of the 5+ new cars I’ve purchased elsewhere Horne Kia has been by far the best. I would definitely recommend this dealership to family and friends! ”
They were willing to work within our budget and achieved a sale. Thank you!!
“ Going to Horne KIA made buying a car not so painful. Our salesperson Josh Galvin was so easy to work with and Harvey Alexander was a no pressure finance person. They were willing to work within our budget and achieved a sale. Thank you!! ”
“ I have been using Horne Kia to service my 2016 Kia Sorento and been very pleased with the service I received from their Service Department. When it came time to trade into a newer vehicle, Horne Kia was the first place I turned. They had a great website where I could preview the inventory so I knew they had what I was looking for before I went in. I submitted a my trade for valuation online and was promptly responded to by Bryan Dillard. We set up a time to take a look at the vehicles I was interested in and Bryan helped us through the whole process. I recommend contacting Bryan Dillard if you are in the market for a new or preowned vehicle. He was genuinely a pleasure to work with. Additional shout out to Hadair Fadlallah who treated us fairly as we negotiated the deal and Wendy DiPernia in finance who was also great to work with as we completed the purchase contract. ”