Hopefully a soon to be stinger owner

[Sean43]

Hello from Missouri! I’ve recently discovered the Kia stinger. I drove one for a weekend and loved it. I’m not in a hurry to buy, so I’m looking for the perfect one for me. I’d like a white gt1 without the red seats. They seem nearly impossible to find.
ive read over the lease/buyout method and I believe I want to try this, but it does make me nervous because I’ve never leased before.
many tips would be greatly appreciated.

 

[Accessorides]

Welcome to the forum! We borrow Stingers from our local dealers and all the GT1's in white we had here in the shop have ALL had the red seats. Not sure if our dealers only order them that way or if that's the most common. Personally think it looks pretty good but you could always change the leather to aftermarket and do whatever color/stitching combo you want also.

 

[Kia Stinger]

Hello from Missouri! I’ve recently discovered the Kia stinger. I drove one for a weekend and loved it. I’m not in a hurry to buy, so I’m looking for the perfect one for me. I’d like a white gt1 without the red seats. They seem nearly impossible to find.
ive read over the lease/buyout method and I believe I want to try this, but it does make me nervous because I’ve never leased before.
many tips would be greatly appreciated.

Welcome aboard! And thank you for signing up. What might the Stinger be replacing for you?

 

[Sean43]

Welcome aboard! And thank you for signing up. What might the Stinger be replacing for you?

i am currently in a 2020 Ram Rebel- recent divorce has caused my daily commute to become 160+ miles a day. Looking to get something a little cheaper and still a lot of fun to drive

 

[MerlintheMad]

Howdy. The best way to take advantage of the lease buyout is to pay cash. If you have to take out a loan to do the buyout, then paying off the loan is only advantageous to the extent that it's interest rate is lower than the lease's interest rate (rent, paid monthly).

 

[Sean43]

Howdy. The best way to take advantage of the lease buyout is to pay cash. If you have to take out a loan to do the buyout, then paying off the loan is only advantageous to the extent that it's interest rate is lower than the lease's interest rate (rent, paid monthly).

i didn’t really consider that. I know the rates at my local CU are pretty good right now- < 3%does that end up makingthe lease/buyout not worth it? There is no chance I can pay cash for the full amount

 

[MerlintheMad]

i didn’t really consider that. I know the rates at my local CU are pretty good right now- < 3%does that end up makingthe lease/buyout not worth it? There is no chance I can pay cash for the full amount

I'm a leasing tyro too. I did the buyout at three months (with cash) when I realized that the total of "lease rent" was going to be well over $5,000. Wish I could say where the rates make the buyout not worth the hassle. On your lease contract you'll see how much the lease rent is. Over the course of paying off a CU loan, you'll see how much interest you pay. If that is substantially less than the lease rent, then the buyout is worth it.

 

[RedCal]

Welcome to the hive! Lots of deals out there but it will take some hunting. With a long commute a lease will be murder unless you do the buy out.

 

[GenesisG70]

Hi welcome to the forum, trust me these cars are amazing especially for the money, if you are willing to drive to other cities or even states you can easily find one with a discount and remember any Stinger is perfect so don't hesitate if financially viable you won't regret.