2018 demo kia stinger gt2

[MisterMac]

Negative equity means having a loan balance that is more than the value of the vehicle. It has nothing to do with how much one purchased the vehicle for. Besides, drive just about any car off of any lot and it is worth a lot less than you paid. $34.5k before ttl on an untitled 18 gt2 would be a very sound deal. No dealer will sell you a nice low mileage used one for that amount yet either. Lol, strange thing about car enthusiast forums is that people talk down the value of their prized new vehicle and then get upset when they have to sell it for a pittance when they part with it in a few years.

Sorry to correct you, but you are wrong. Negative equity is simply purchasing something for more than it is worth. The car is worth 75% of what the dealer is asking to sell it for. The dealer knows that and is just waiting for a sucker to help them out of the embedded loss position they are in.

 

[Kgh31386]

Wow you got a brand new gt2 under $45k? What dealer? And will they ship to NY?

2019 GT2. Kia South Austin. Check autotrader though. Keep in mind some dealers will show a super low price to get you in the door. A lot of folks negotiate via text and email to get a good deal and signed buyer’s order.

 

[robz32]

Wow you got a brand new gt2 under $45k? What dealer? And will they ship to NY?

New Gt2s can be had for as low as 43-42 OTD with a lease. Which you could then buy out after the first month. (that's usually how long it takes KMF to setup the account) Not sure how the tax law are in NY but if you shop around you could save some coin.

 

[Kgh31386]

New Gt2s can be had for as low as 43-42 OTD with a lease. Which you could then buy out after the first month. (that's usually how long it takes KMF to setup the account) Not sure how the tax law are in NY but if you shop around you could save some coin.

Depending on how badly some dealers want to move a car, and time of the month...you can purchase one for low 40’s as well if you don’t want to lease. They make you finance with Kia though. But no early payoff penalty.

 

[jkim20]

Low 40’s? Seems impossible as none ar even moving below 49 before ttl

 

[Kgh31386]

Low 40’s? Seems impossible as none ar even moving below 49 before ttl

Keep going back to check out Autotrader. I got mine in Austin, TX and also got a good offer from Ferguson Kia.

 

[MisterMac]

@jkim20, where in Texas are you? My dealer in El Paso is awesome

 

[jkim20]

Im in NY. But if the price is right and they can ship it here, ill bring my business there

 

[Dave E]

$34k seems like a good target after lease incentives. 24 months = $10.4k for awd.

this was my deal back at the end of april....

Just leased a 2018 GT2 AWD on Tuesday
Miles on car = 1,600
24 month

MSRP = 52,425
Dealer Price = 42,651 ($9,774 discount)
Lease Cash = $9,500
Fees = $999 ($650 acq fee and #349 dealer fee)
Price before trade = $34,150 (Dealer Price - Lease Cash + Fees)

Can you show me the paperwork for this deal? Currently in negotiation and am targeting these exact numbers. Where was this? Thanks so much! If you message me will give you my email or phone number.

 

[bluffstinger]

Dave E,

You can find what you are looking for in this thread
Buying 2018 New gt2

'Buying 2018 New gt2'

 

[StungBlueGT2]

Was quoted $34,500 before taxes and fees.
about 3,000 demo miles on it

How does this sound?

Not a bad deal, but I got my GT2 brand new back in February 2018 for only ~$41k after rebates and negotiating. Offer them $30-$32k, or ~$34k OTD(Out the door=after all taxes & fees) or walk and they’ll probably chase you down just to get the old inventory off their lot. Most dealerships pay interest/fees monthly on inventory so it’s in their best interest to sell them ASAP.

Hope that helps and hope you join the Stinger Squad or Stinger Hive depending on your preference.

 

[Braves12]

So you can lease a 2018 in 2019?

 

[Braves12]

dealer in tally had MSRP for 51,205, Lease Term for 3 years 10,000 miles. 2,000 I was going to put down towards the OTD price.
2019 DEMO GT2 RWD.

51,205
- 6,205 Dealer discounted
= 45000
Then
499 govt fee
1019 proc/doc fee
47,723.
total cap cost then jumped to 49,899 didn't understand that?
49,899 then minus 7,300 lease cash.
42,599 OTD

 

[Kgh31386]

Are you guys looking at leasing just for the incentive? Are you wanting to purchase it outright or buy out the lease?