So what is the lease residual on these things? The markup was crazy when I went in, 8k markup...got em down to 5k. The thing that also gets me is the lease they offered....
So my trade is worth~14.5k, add state taxas processing tags etc is ~49.5K walk out the door. With the payments they gave (didn't give me residual or MF), the payments are 606-686 for 48mo depending on down). But the only way for these numbers to make sense would be ~10%APR and 37% residual....or~5% and 39% residual.
I'm I way off base? I'm computing residual off of MSRP which is what I read online it's based off not walk out the door.
But is kia thinking these things will lose 60+% of thier value in 4 years?
So my trade is worth~14.5k, add state taxas processing tags etc is ~49.5K walk out the door. With the payments they gave (didn't give me residual or MF), the payments are 606-686 for 48mo depending on down). But the only way for these numbers to make sense would be ~10%APR and 37% residual....or~5% and 39% residual.
I'm I way off base? I'm computing residual off of MSRP which is what I read online it's based off not walk out the door.
But is kia thinking these things will lose 60+% of thier value in 4 years?
