Lease Incentive History by Month

[BrianSTINGER2022]

Then you should just get the best discount possible and compare out the door on purchase vs capitalized cost on lease (after adding sales tax).

that said, rates are like 2% from credit unions, so you may be better off financing it and putting your cash elsewhere!

2% yes. I surely could over come that in Ethereum or Doge Coin in 1 year. Lol

 

[Ruturaj]

Can someone explain why the LEASE BUY OUT option is dead over paying cash for the car no loan no interest? On the Current 2022 GT2 at $3900 lease incentive

With lease buyout owner ends up paying 1000 more in fees and if financed, then whatever interest it comes out depending on bank. So it can be 1000 for cash buyer and 4000-5000 for someone who is financing. If you subtract those from rebate then you might not be saving any money at all vs financing at 0% from kia with some other incentive.

Just to give you some background, I have got 6.5k lease cash on mine (in Dec 2018 for 2019 model) and my friend got 9.9k lease cash (in June 2019 on 2019 model).

 

[stingerboi]

Hey guys! What happens to any unsold 2020s? Are there any crazy deals on those from Kia?

 

[AYip31]

Hey guys! What happens to any unsold 2020s? Are there any crazy deals on those from Kia?

Kia will not discount them, as manufacturers discount had expired.
It’s on the dealership to discount and sell them.
When i was on my hunt last summer, was contacting many dealerships that had leftover 2019 models. None of them wanted to go much below the 2020 model.
They all told me they can get the same price sending the car to the auction house.
I even thrown out $500 less, supposedly what the manger had said he can get at auction and for him to bypass the auction house fees and paperwork, etc. he still said no.
but in the end it worked out better for me, able to research the lease buyout method and got an awesome deal

 

[stingerboi]

Kia will not discount them, as manufacturers discount had expired.
It’s on the dealership to discount and sell them.
When i was on my hunt last summer, was contacting many dealerships that had leftover 2019 models. None of them wanted to go much below the 2020 model.
They all told me they can get the same price sending the car to the auction house.
I even thrown out $500 less, supposedly what the manger had said he can get at auction and for him to bypass the auction house fees and paperwork, etc. he still said no.
but in the end it worked out better for me, able to research the lease buyout method and got an awesome deal

Thanks for explaining! Any idea how I can find new incentives for June?

 

[Sabs]

Any idea how I can find new incentives for June?

Looks like they were just updated. They are unchanged from May incentives, which you can view here.

 

[AYip31]

Thanks for explaining! Any idea how I can find new incentives for June?

here too

2022 Kia Stinger Color, Specs, Pricing | Autoweb

2022 Kia Stinger Color, Specs, Pricing | Autoweb

www.autobytel.com

 

[stingerstevo]

Actually 2021 lease cash got better with a 24 month lease for June
GT $4700
GT1 $5200
GT2 $6600

 

[Sabs]

Actually 2021 lease cash got better with a 24 month lease for June

Are you perhaps checking AWD rebates? They’re usually a few hundred dollars more.

 

[Travis Wills]

Actually 2021 lease cash got better with a 24 month lease for June
GT $4700
GT1 $5200
GT2 $6600

I got $6700 for a 2021 AWD GT2 in April. The residual went up slightly in May though.

 

[stingerstevo]

Are you perhaps checking AWD rebates? They’re usually a few hundred dollars more.

Yes I guess i was, my bad

 

[Sabs]

July's incentives are the same as last month - $3,900 for the RWD GT2, $2,400 for the RWD GT1.

For 2021 models, it looks like the lease incentive has been removed. KIA has been pulling incentives on past model years once the new model year is around for at least a few months.

 

[Sabs]

August incentives are again the same at $2,400/$3,900 for the RWD GT1/GT2.

 

[GPhenom]

Looks like the Sept. lease incentive for AWD GT2 is $5250 (at least in my zip). Getting close to my desired range. That would put Oct. around $6500 (most likely, unless they hold it). If I can find a dealer willing to actually discount down to $51-$52K, it would make sense to make a move.

 

[Sabs]

Indeed they have increased the lease incentives which is a welcome change.

Here are September's incentives for RWD models:



The GT1 AWD is up to $4,050 and GT2 AWD to $5,250.

 

[CA27]

Where can you find the current incentives from the Kia website? When you go to their site and click on "Offers", all you get is some of their finance deals, but if you actually click on an available car and select "Calculate Payments", it shows the appropriate incentives (lease cash, etc.).

I know you can see the current incentives on autobytel, but I wanted to see them in an official Kia page so that when I go to the dealer I can refer to those when the time comes. I'm waiting for the Scorpion that I ordered to arrive.

 

[Sabs]

Incentives for October are identical to those of September posted above.

Where can you find the current incentives from the Kia website?

The "Calculate Payments" area is the only place to view the lease cash. If you'd like, you can print screen that page and give it to the dealer.

Since the cash incentives are provided directly from the manufacturer, the dealer can't/won't cut you short on any lease cash incentives. What you'll need to do is make sure the dealer isn't tacking on any unnecessary fees or dealer-installed add-ons so you get a fair price.

 

[Sabs]

Lease incentives stayed the same this month for the GT2 and increased a whopping $50 for the GT1. The expiration for these incentives is two months instead of the usual one month - so they're locked in until January.

 

[Sabs]

A bit of an increase for January on the GT2 ($250), and more on the GT1 ($550).

 

[andyecon]

Looks like they reduced incentives pretty seriously for February - GT2 RWD down to $4,950 and GT1 to $3750.