I would take out a loan and it wouldn't be a used loan, its a 2021 so I can get a new car loan on it, however, it doesn't really matter because like I stated the interest rate I could get still isn't lower than what KMF has me at.
I was referring to the period after the lease is up. Say you complete the two-year lease and then buy it afterwards. From what I understand, the interest rate on the "used" car would likely be at a significantly higher interest rate than the 2.95 or 2.99 you're getting on the new vehicle.
I see. Didn't think about that, yes it will be higher but just looking at the rate comparison between new and used its 1-1.25% which is more but I don't think "considerably" higher. I think I like the idea to watch the financial institutions to see when they offer a special prior to 2021 year ending to still get the new rate. Good point though.
I was referring to the period after the lease is up. Say you complete the two-year lease and then buy it afterwards. From what I understand, the interest rate on the "used" car would likely be at a significantly higher interest rate than the 2.95 or 2.99 you're getting on the new vehicle.
Can I please get a check on whether the following options are good deals? I received the following lease offers from a dealer for putting down $2k, $4k, and $8k down respectively.
If I'm interpreting these correctly, the dealer is essentially barely giving me a discount off MSRP for each option pre-rebate, and that these are bad deals, right?
Can I please get a check on whether the following options are good deals? I received the following lease offers from a dealer for putting down $2k, $4k, and $8k down respectively.
If I'm interpreting these correctly, the dealer is essentially barely giving me a discount off MSRP for each option pre-rebate, and that these are bad deals, right?
As far as I can tell, the dealership is not giving you any discount off of MSRP, since the MSRP and the Selling Price number are exactly the same. This does not look like a good deal to me. You want 10% off of MSRP, and then apply all rebates, then add lease acquisition fee, and doc fee.
As far as I can tell, the dealership is not giving you any discount off of MSRP, since the MSRP and the Selling Price number are exactly the same. This does not look like a good deal to me. You want 10% off of MSRP, and then apply all rebates, then add lease acquisition fee, and doc fee.
I dont know what what year you're looking at but I'm in MD and you can absolutely forget about getting even close to 10% off MSRP for 21's, 20's maybe 8.5%. I had 7 dealerships all but laugh at me when I was buying my 21 asking for 10% off MSRP.
I dont know what what year you're looking at but I'm in MD and you can absolutely forget about getting even close to 10% off MSRP for 21's, 20's maybe 8.5%. I had 7 dealerships all but laugh at me when I was buying my 21 asking for 10% off MSRP.
Got it, thank you. I'm prepared to wait until the prices come down closer to when the 2022 models come out and the lease incentives come out, or if there are any used ones coming off leases from 2019. Out of curiousity, how much did you end up paying for yours?
New member here- want to thank all the contributors on this thread and others for your tremendous help. I leased a 2021 GT2 Stinger on 11/28/20 and got $5700 off MSRP plus $7000 lease cash off. Within a few days my buyout quote appeared on my KMF account equal to the adjusted cost that I saw on my lease contract. I purchased the car at Car Pros Kia Huntington Beach, CA.
I almost leased a car in Carlsbad, CA a couple days prior for a slightly bigger discount. But then right before signing they asked me to sign a disclosure that I acknowledged the car had lot damage but was repaired by them. The car had $2500 in front end damage and it rubbed me the wrong way for many reasons. Mostly I wanted a new car, not a car that had already been in an accident.
this deal is so unreal noone believes I got it- but I did thanks to you all. The only small catch is I paid a $650 lease acquisition fee. I plan to buyout the lease soon. THANK YOU!!!
Hey all. New member here. Looking for an AWD GT2 and hoping to get a deal similar to what Koreanmissile just got.
Dumb question, can I go to any dealer and try to get them to get a new car from factory to do the lease and then buy it out? Or do I need to find a dealer that has the car I want in stock?
Hey all. New member here. Looking for an AWD GT2 and hoping to get a deal similar to what Koreanmissile just got.
Dumb question, can I go to any dealer and try to get them to get a new car from factory to do the lease and then buy it out? Or do I need to find a dealer that has the car I want in stock?
I'm sorry for all the stupid questions, but is there info for the lease cash offer directly on Kia's site? My local dealer said they have the ability to bring in the 2021 GT2 that I want from another dealership but were unfamiliar with the lease cash offer I was referencing (they don't sell many Stingers). A google search mainly lands me back here on to an Edmunds article.
My dealer told me about the lease cash; they were encouraging me to lease and not pay cash. The incentive to reduce MSRP made me choose to lease instead of dicker for a bigger dealer discount for going cash up front. I had not heard anything about "lease incentive" before I went to get a Stinger (went in the morning, drove away that afternoon; and my Silky Silver was traded for while I waited, and my salesman drove the trade to the other dealership, then drove my can to me as I strolled around the showroom ).
I'm sorry for all the stupid questions, but is there info for the lease cash offer directly on Kia's site? My local dealer said they have the ability to bring in the 2021 GT2 that I want from another dealership but were unfamiliar with the lease cash offer I was referencing (they don't sell many Stingers). A google search mainly lands me back here on to an Edmunds article.
I'm sorry for all the stupid questions, but is there info for the lease cash offer directly on Kia's site? My local dealer said they have the ability to bring in the 2021 GT2 that I want from another dealership but were unfamiliar with the lease cash offer I was referencing (they don't sell many Stingers). A google search mainly lands me back here on to an Edmunds article.
Find out what standard Incentives and Rebates are being offered on the 2021 Kia Stinger. See both cash rebates and financing rates for every trim and model.
New member here- want to thank all the contributors on this thread and others for your tremendous help. I leased a 2021 GT2 Stinger on 11/28/20 and got $5700 off MSRP plus $7000 lease cash off. Within a few days my buyout quote appeared on my KMF account equal to the adjusted cost that I saw on my lease contract. I purchased the car at Car Pros Kia Huntington Beach, CA.
I almost leased a car in Carlsbad, CA a couple days prior for a slightly bigger discount. But then right before signing they asked me to sign a disclosure that I acknowledged the car had lot damage but was repaired by them. The car had $2500 in front end damage and it rubbed me the wrong way for many reasons. Mostly I wanted a new car, not a car that had already been in an accident.
this deal is so unreal noone believes I got it- but I did thanks to you all. The only small catch is I paid a $650 lease acquisition fee. I plan to buyout the lease soon. THANK YOU!!!
New member here- want to thank all the contributors on this thread and others for your tremendous help. I leased a 2021 GT2 Stinger on 11/28/20 and got $5700 off MSRP plus $7000 lease cash off. Within a few days my buyout quote appeared on my KMF account equal to the adjusted cost that I saw on my lease contract. I purchased the car at Car Pros Kia Huntington Beach, CA.
I almost leased a car in Carlsbad, CA a couple days prior for a slightly bigger discount. But then right before signing they asked me to sign a disclosure that I acknowledged the car had lot damage but was repaired by them. The car had $2500 in front end damage and it rubbed me the wrong way for many reasons. Mostly I wanted a new car, not a car that had already been in an accident.
this deal is so unreal noone believes I got it- but I did thanks to you all. The only small catch is I paid a $650 lease acquisition fee. I plan to buyout the lease soon. THANK YOU!!!
Wow that is amazing.
I'm in WA and there is not a single dealer who will go below 2500 off MSRP.
When I ask for 7% off, they all say, they bought higher than that. Don't believe most of them as they were playing games to begin with.
That is a killer deal for sure. Maybe I need to go to CA, buy and drive up.
it’s not a bad idea. I considered buying a car in Vegas and driving it back but they wouldn’t move on their price. Bottom line- every dealer is different and can offer different deals. 3/10 dealers I dealt with offered miserable discounts. Start with truecar to see who will even play than work then against each other.
When bringing in a car from another state there may be emissions issues etc make sure to check on that.
I had a buyout quote from a dealership after I got the car back home to my state which was $41.5k which is close to adjusted cap cost last month. Now I am in LIMBO with this crap. In late November, I took my buyout quote paperwork to the 2nd dealership. They said lease buyout cannot happen until car is fully registered and not on temp plates. Took the dealership where I leased the car from nearly 15 days after temp tags expired to get the tags/registration to me. Just got the registration and plate today. I went straight to the closest dealership near me today to get the process started for buyout. They come back with new paperwork and buyout is now $44k! WTF!!! This price does NOT include warranty which is another $1500 to be CPO. They said a leased car does not roll over with full warranty for a lease buyout. Jesus H Christ. If it is really is $45.5k now which does not include another round of property taxes and sales taxes in the price for my state. Then the lease buyout no longer makes sense. Since I would have paid property taxes and state sales tax twice for my state as well as the property tax and sales tax for the state I leased the car from. KMF is no help because they are NOT licensed in the state and I have to do whatever the dealership comes up with. WTF am I doing wrong here? What do I need to do to get this taken care of correctly? I have made 2 lease payments so far.
You bought out of state, and your state won't allow you to deal directly with KMF; it looks like you're nailed for two states' taxations, plus in your state a second sales and property tax to complete the buyout. If this is the case, I don't see any way out of it. Finish the lease, pay the lease rent and then decide what to do with the car.
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Finish the lease, pay the lease rent and then decide what to do with the car.
