Leasing 2020 Stinger Gt line

[jipa61]

Curious on what you Stinger owners think of this lease deal they are advertising in Florida... Stinger Gt line 3999.00 down 249.00 a month.. Wondering if this is a descent deal...TIA

 

[AYip31]

Just leasing or lease buyout?
Some big saving can be had if doing a lease buyout
What part of FL are you in?

 

[stasek]

A lot more info is needed to evaluate this deal. What’s the MSRP? Term? Sales price? Stingers generally don’t lease well (mainly due to low RV and high MF), but they are ripe for lease buyout due to excellent lease incentives.

 

[jipa61]

Just leasing or lease buyout?
Some big saving can be had if doing a lease buyout
What part of FL are you in?

Thanks for getting back to me.... Just a regular lease,, but don't really know what a lease buyout is.. Help ...lol

 

[jipa61]

A lot more info is needed to evaluate this deal. What’s the MSRP? Term? Sales price? Stingers generally don’t lease well (mainly due to low RV and high MF), but they are ripe for lease buyout due to excellent lease incentives.

Msrp $34,275 not sure what a lease buyout is,, can you explain that to me... TIA

 

[jipa61]

Thanks for getting back to me.... Just a regular lease,, but don't really know what a lease buyout is.. Help ...lol
[/QCentral Florida..

 

[AYip31]

A lease buyout, takes advantage of the lease rebate.
In order to do a lease buyout 1st you must have good to great credit.
Then do a lease term 24 months 12K miles to get the biggest lease rebate.
Get at least 10% or more on dealer discount off MSRP, but do not pay the dealership addendum sticker.
Then subtract the lease rebate.
Then subtract your trade-in. If you have a car to trade in.
Then add Tax, Tag, doc fee, and acquisition fee, but Beware of BS fees.
Then this is your balance, which is also your Adjusted Cap Cost
When going to sign the lease agreement, make SURE Adj Cap Cost is the same as the balance you agreed too.
Also make sure and read sections sections 9, 22D, 23B.
Congrats you are now driving away with a new Stinger.
Sign onto KMF, verified your VIN, click get buyout quote. It will say please contact dealership. You can go to any dealership to buyout.
When going to buyout the lease, they will add Tax, Tag, and fees again. Again Beware of BS fees.
When I got quotes for the buyout most were around the same number couple were way high, and of course was way low.
Get financing through a credit union.
At the finance dept, they will try to sell you things you don’t need.
This is were you can put your down payment.
Congrats you now have a traditional car loan and own the car.

 

[AYip31]

I’ve got a brand new 2020 GT RWD for $31,583.62 OTD, had a trade-in of $2,750

 

[AYip31]

Your in FL
I went to Friendly Kia in New Port Richey for the lease and Regal Kia for the buyout.

Friendly Kia Sales Manger Carl Joyner, tell him I sent you, remind him I got the last V6 stinger and did the lease buyout.
Im no way affiliate, work for, or getting kick back from them

Regal Kia sale person Pablo or Pedro don’t exactly remember his name

 

[AYip31]

watch this YouTube video. It’s a little long winded. But it’s helps a lot
ive literally watch that video like 8 times to fully understand everything

 

[jipa61]

A lease buyout, takes advantage of the lease rebate.
In order to do a lease buyout 1st you must have good to great credit.
Then do a lease term 24 months 12K miles to get the biggest lease rebate.
Get at least 10% or more on dealer discount off MSRP, but do not pay the dealership addendum sticker.
Then subtract the lease rebate.
Then subtract your trade-in. If you have a car to trade in.
Then add Tax, Tag, doc fee, and acquisition fee, but Beware of BS fees.
Then this is your balance, which is also your Adjusted Cap Cost
When going to sign the lease agreement, make SURE Adj Cap Cost is the same as the balance you agreed too.
Also make sure and read sections sections 9, 22D, 23B.
Congrats you are now driving away with a new Stinger.
Sign onto KMF, verified your VIN, click get buyout quote. It will say please contact dealership. You can go to any dealership to buyout.
When going to buyout the lease, they will add Tax, Tag, and fees again. Again Beware of BS fees.
When I got quotes for the buyout most were around the same number couple were way high, and of course was way low.
Get financing through a credit union.
At the finance dept, they will try to sell you things you don’t need.
This is were you can put your down payment.
Congrats you now have a traditional car loan and own the car.

Thank you. Sir... Great info...........