Leasing pitfalls to watch out for?

[mrbirchum]

I might be ready to pull the trigger on a 36 mo lease of a GT1. Now that I've sorted out the front end of the deal, I want to prepare for the finance office.

Don't have to worry about the extended warranty pitch, but I'm expecting them to offer the lease end protection, which I bought into the first time I leased, but never used since I bought out the lease. Any thoughts good or bad on that? Like most things, I guess it's meant to maximize their profit rather than save me any money. Also they presented the deal to me as rolling in the title, license, doc prep BS fees into the payment, which sounds like a bad idea to me. Unless I'm missing something, I'm paying 4% interest on those fees for the next 3 years. Any other advice?

PS, I highly recommend saving yourself the hassle of going to the showroom at first, just do it by email/text/phone. I reached out to 4 dealers and they all gave me what I needed to figure out if they were going to be worth dealing with in person.

 

[Jayce]

My guess is they're offering it because they'll make money on it. If you didn't use it this time around, you probably won't use it next time either. When I leased my Optima, I actually didn't even get offered that option though. We only have one dealer here so whenever they finally get one, I'll probably go in and see what they can do while I'm getting my oil changed or something.

 

[Kia Stinger]

PS, I highly recommend saving yourself the hassle of going to the showroom at first, just do it by email/text/phone. I reached out to 4 dealers and they all gave me what I needed to figure out if they were going to be worth dealing with in person.

I have my deal set before I ever walk into the dealership. I email several dealers with what I'm willing to pay and whoever answers and agrees to my out the door price gets my walk-in and business...

 

[Jayce]

I have my deal set before I ever walk into the dealership. I email several dealers with what I'm willing to pay and whoever answers and agrees to my out the door price gets my walk-in and business...

Must be nice. We probably have one dealership that'll have Stingers in my state.

 

[Kia Stinger]

Must be nice. We probably have one dealership that'll have Stingers in my state.

It's easy, really. Just get the email address of all the dealerships or sales people you want to contact, tell them your out the door price, and see who responds saying they can do it. Chances are they're going to be tripping over themselves to be the winner. Of course, when the Stinger is available and it's more than just a straggler here or there. That time will come...

 

[Jayce]

It's easy, really. Just get the email address of all the dealerships or sales people you want to contact, tell them your out the door price, and see who responds saying they can do it. Chances are they're going to be tripping over themselves to be the winner. Of course, when the Stinger is available and it's more than just a straggler here or there. That time will come...

Well yeah, but my point was that there's only one in my state that'll likely ever have any.