Trading In 2018 (leasing) for 2019 (to be leased)

[Jaymorz]

Hi everyone,

I've been contemplating trading in my leased 2018 GT2 stinger for a 2019 GT2 model for the extra goodies and to basically "start fresh" due to the plethora of warranty issues ive had with my existing one (leather issues, paint issues, brake issues etc.)

I leased my 2018 stinger at an incredible price, so incredible I have positive equity at the KBB trade-in price.

I've researched as much as I can and right now im typing this at my very first kia dealership shopping visit.

Could anyone chime in on the following questions/concerns:

1. Net sales Tax calculation? How much "sales tax" am I responsible for when doing a trade-in like this? What costs can I pay as a result of this transaction? (TTL, sales, etc.)

2. What is the current residual & MF for the 2019 models at this time?

3. What should I be cautious of during the transaction that the dealership may sneak in...

Thanks in advance!

 

[Travis Wills]

Just sell your car to carmax/Carvana and then lease the 2019. The resale values on these cars is simply unbelievable. Sometimes you can lease/buy the car for less than the dealer trade in value. That only ever happens with cars like the Porsche 911 GT3 RS.