Just Put a Deposit Down on a GT2 AWD!

[STNGRNV]

I'm not sure yet, it depends how much I like it and if the newer models have changed much, I bet by 2021 we'll have self-driving cars

But I did pay taxes on the full amount so the best thing would be to keep it after the lease...

Thanks for the reply. I'm new to leases and still trying to navigate the process and what will be best for me.

 

[seanmccubb]

Thanks for the reply. I'm new to leases and still trying to navigate the process and what will be best for me.

Yeah with the lease cash it really is the best option I think. There's a couple of threads talking about it already

 

[STNGRNV]

Yeah, I've been in those threads, too.

 

[Kia Stinger]

No that's not the name haha but I think it's a much more accurate description!!
Yeah it was the lease cash that helped so much, and it was at MSRP, no markup!

Yeah, I was going to say - that doesn't sound very enticing to me! But it IS an accurate description of what it looks like. Otherwise, that lease deal is really great...

 

[seanmccubb]

Just a heads up... make sure you bring a web calculator or your own calculator with you when you are talking numbers. I should've, I figured the dealer knew what they were doing haha

With sales tax and rebates in Texas, it's a little bit more ticky and most online calculators don't work with them. So I made my own! ---> Google Docs <---

Anyway, I found that my monthly lease payments were about $100 higher then they should've been. I called my dealer and they said that "we were using the worst Money Factor in your quote (0.00301) because we had not submitted it to Kia yet, it should change back to 0.00181 once we submit it." I'm not sure if that was all true or if they were just trying to get more money out of me... So all I will say is this, spend an hour learning how to calculate your own lease payments and then compare them to what the dealer gave you!

 

[Jayce]

Just a heads up... make sure you bring a web calculator or your own calculator with you when you are talking numbers. I should've, I figured the dealer knew what they were doing haha

With sales tax and rebates in Texas, it's a little bit more ticky and most online calculators don't work with them. So I made my own! ---> Google Docs <---

Anyway, I found that my monthly lease payments were about $100 higher then they should've been. I called my dealer and they said that "we were using the worst Money Factor in your quote (0.00301) because we had not submitted it to Kia yet, it should change back to 0.00181 once we submit it." I'm not sure if that was all true or if they were just trying to get more money out of me... So all I will say is this, spend an hour learning how to calculate your own lease payments and then compare them to what the dealer gave you!

Probably trying to get money out of you. It's a good thing you knew what the numbers actually were. These dealerships will try to get one over on you. Got to watch them!

 

[STNGRNV]

Sounds daunting. I suck at math.

 

[Morristl]

Yeah with the lease cash it really is the best option I think. There's a couple of threads talking about it already

This is correct. I've crunched the numbers on a couple of scenarios and taking the lease option and later do a buyout is a better approach than buying up front. The lease incentives make a lot if difference.

Always pay close attention to the money factor (MF). For those new to leasing this is the term used to indicate the finance rate similar to APR when buying. Take the MF and multiply by 2400 to convert that to APR since that's the way most if us are wired.

 

[Morristl]

Just a heads up... make sure you bring a web calculator or your own calculator with you when you are talking numbers. I should've, I figured the dealer knew what they were doing haha

With sales tax and rebates in Texas, it's a little bit more ticky and most online calculators don't work with them. So I made my own! ---> Google Docs <---

Anyway, I found that my monthly lease payments were about $100 higher then they should've been. I called my dealer and they said that "we were using the worst Money Factor in your quote (0.00301) because we had not submitted it to Kia yet, it should change back to 0.00181 once we submit it." I'm not sure if that was all true or if they were just trying to get more money out of me... So all I will say is this, spend an hour learning how to calculate your own lease payments and then compare them to what the dealer gave you!

Those MF numbers would be equivalent to 7.2% vs. 4.3% APR. Keep em honest!

 

[Kia Stinger]

Welcome aboard, @Morristl! Thank you for signing up!

 

[david norman]

I tested the s5 yesterday and they are giving close to 6000 off. What are these Kia dealers thinking adding 6000 up on the price. What a joke. Why wouldn’t someone just go get an Audi taking 6000 off when kia is adding 6000. It is the same price. The only thing I hate with the s4 is you can’t get nice Napa and ventilated seats. You get a really hard leather instead.

 

[Kia Stinger]

I tested the s5 yesterday and they are giving close to 6000 off. What are these Kia dealers thinking adding 6000 up on the price. What a joke. Why wouldn’t someone just go get an Audi taking 6000 off when kia is adding 6000. It is the same price. The only thing I hate with the s4 is you can’t get nice Napa and ventilated seats. You get a really hard leather instead.

I don't know. Kia must know what they're doing because people are buying them. Maybe the only thing the S5 has going for it is the badge.

 

[seanmccubb]

I tested the s5 yesterday and they are giving close to 6000 off. What are these Kia dealers thinking adding 6000 up on the price. What a joke. Why wouldn’t someone just go get an Audi taking 6000 off when kia is adding 6000. It is the same price. The only thing I hate with the s4 is you can’t get nice Napa and ventilated seats. You get a really hard leather instead.

Yeah I'm going to take a look at one this weekend, but I'm already not liking that Android Auto, carplay is not touchscreen on the A5

 

[david norman]

I don't know. Kia must know what they're doing because people are buying them. Maybe the only thing the S5 has going for it is the badge.

Well there are several dealer within 20 minutes and they glacé only sold 2 out of them so far. The one closest hasn’t sold one yet.

 

[Kia Stinger]

Well there are several dealer within 20 minutes and they glacé only sold 2 out of them so far. The one closest hasn’t sold one yet.

Hardly anyone even knows this car exists yet. They'll start selling...

 

[Jayce]

Hardly anyone even knows this car exists yet. They'll start selling...

Not above MSRP they won't. Not when that puts them in Audi territory. Now once these dealerships come to their senses, and put it at MSRP, it'll probably do decent. Sounds like they're not expecting to sell a whole lot of the highest tiers anyway based on how they're doing the allocation so maybe that's not who they're marketing to.

 

[Kia Stinger]

Not above MSRP they won't. Not when that puts them in Audi territory. Now once these dealerships come to their senses, and put it at MSRP, it'll probably do decent. Sounds like they're not expecting to sell a whole lot of the highest tiers anyway based on how they're doing the allocation so maybe that's not who they're marketing to.

Yeah. The bottom line is - they need to sell cars. Let them try to get more for a little while. They're eventually going to come down in price so they can sell more. So we need to wait a little longer. Who won't live? Some people will buy other cars. That'll leave more for other people to buy. They're not going to be rotting on lots or anything because they're not going to stay high priced very long...

 

[david norman]

Yeah. The bottom line is - they need to sell cars. Let them try to get more for a little while. They're eventually going to come down in price so they can sell more. So we need to wait a little longer. Who won't live? Some people will buy other cars. That'll leave more for other people to buy. They're not going to be rotting on lots or anything because they're not going to stay high priced very long...

Yep, we will just wait around. No biggy. I do not need a new car anyway.