What did you pay for your Kia Stinger?

[Smitty16s]

Where in Florida, I'm in Flagler Beach.

Im in Ft. Myers. Hers the info for the lease, how do these numbers look?:

With $2,500.00 down we could get to the $599.00/month figure.

The money factor is .00270 and the residual is 51% which = $25,624.95

 

[Smitty16s]

Should he be giving me residual on the full msrp? Or my negotiated price?
I guess what im asking is if I negotiated the car to Around 38k, and the residual is 26k, shouldn't I be paying 12K for the 3 year life of the lease, since Kia is expecting to sell the car for 25k in 3 years? or am I completely misunderstanding how leases work?

 

[Dubbaduba]

Im in Ft. Myers. Hers the info for the lease, how do these numbers look?:

With $2,500.00 down we could get to the $599.00/month figure.

The money factor is .00270 and the residual is 51% which = $25,624.95

Is your credit good? In Colorado my dealer is doing a money factor of. 00229. You might be able to get that down a bit.

 

[Smitty16s]

Is your credit good? In Colorado my dealer is doing a money factor of. 00229. You might be able to get that down a bit.

Yeah my credits excellent

 

[Paul32]

Should he be giving me residual on the full msrp? Or my negotiated price?
I guess what im asking is if I negotiated the car to Around 38k, and the residual is 26k, shouldn't I be paying 12K for the 3 year life of the lease, since Kia is expecting to sell the car for 25k in 3 years? or am I completely misunderstanding how leases work?

Residual is based on MSRP, that's how they came to $25,624. $12k plus cost of money, plus origination fee, tax etc.

 

[Waynerm002]

So I decided to get in touch with a dealer, and he quoted me this:
"Jonathon,

For GT2 Stinger with rear wheel drive, our stock #K6662. Red exterior and interior.

With Costco pricing discount of $3,812.00 Plus $7600.00 rebate and $400.00 military discount.

For a 3 year lease with 10,000 miles/year 0 down would be $681.00/month. $2000.00 down would be $618.00/month.

Please let me know what time you can come in on Monday."


The payments seem really high to me? Thats almost finance range, not lease? Am I crazy here?

If I read that correctly, it looks good on the price of $38,488 based on a MSRP of $50,300 for a GT2 RWD however, the payments looks high.

Use this site to calculate the lease payment: Leasehackr Calculator

Not sure what your taxes are but the payment looks off.

 

[Ruturaj]

If I read that correctly, it looks good on the price of $38,488 based on a MSRP of $50,300 for a GT2 RWD however, the payments looks high.

Use this site to calculate the lease payment: Leasehackr Calculator

Not sure what your taxes are but the payment looks off.

Agree. should have been close to 500ish.

 

[Lillian]

Paid $46,500 US including sales tax.....
GT2 AWD....
South Carolina has $500.00 flat sales tax fee...

 

[Registered Member]

Forget it .

 

[Buzz]

Just got my RWD GT with Drivewise and LSD for 33,500 after taxes and fees (With lease deal) in NC. Will be buying out shortly.

 

[Paul32]

Just got my RWD GT with Drivewise and LSD (Limited Slip Differential) for 33,500 after taxes and fees (With lease deal) in NC. Will be buying out shortly.

Sounds like a lot of car for the money......

 

[Buzz]

Sounds like a lot of car for the money......

Yeah, I'm stupid happy with the deal. I would just say make sure to deal with someone who has a 2018 in their inventory sitting for 200+ days. I price shopped 4 dealers in the same situation with the same car. Some discounted deeply without haggle, the one near me was reluctant but yielded.

cargurus.com shows how long the car has been sitting, I think with 2019s around the corner dealers are getting ready to take a very small/no profit to move inventory.

Also make sure to check with the parts dept if a VIN has the LSD, I got inaccurate information from several dealers while the parts dept guys could speak with much more certainty.


Edit: Wanted to be more specific as I see people are quoting this price and I could have been more specific, but didn't have the numbers in front of me.

Red, GT, RWD, Limited Slip Diff, Drivewise, Mud Guards, All Weather Mats, Tint. Sitting on lot for 220 days.
Cash Price 36675
Net Cap Cost $32079
Dealer Fee $649
My lease payments on that amount would be $436 for 36/10k
I will have a $250 early buyout and at that point I would also finance the $1100 in state tax.

Orlando Kia was the most competitive on price, if you are in the region I would check them out or atleast get a competitive quote from them. I got my local dealer to match.

 

[Deryl Phillip]

O.O!!!!!
$42,000 for the car. GT2 RWD
Leasing to own for sure. 380/month

 

[StingEm]

O.O!!!!!
$42,000 for the car. GT2 RWD
Leasing to own for sure. 380/month

Hopefully by leasing to own you don’t mean paying out all of your payments on the lease and then buying out at the end? If so, get a loan and buy out the lease today. Save yourself thousands of dollars over the next 3 years. There’s tons of information here on the process.

 

[Buzz]

Yeah the Money Factor of the Kia lease makes it so that they are basically going to get back most of that fat lease cash if you actually keep the lease the entire time. Far more frugal to buy out asap and finance for 60 months, payments should shake out to about the same.

 

[SilverNitr8]

I'm still waiting for mine to show up before I can buy it out, but my savings would be almost 10k from the msrp when all is said and done.

 

[rocket23]

2.0 premium silver....28,288$ Plus 3,000$ for a 10 year 100,000 mile bumper to bumper (powertrain and everything else).......less 8500 for the trade....so with tax....drumroll!!

24,232.038....well worth the coin! bought it used with 4899 on the clock.

 

[Ruturaj]

2.0 premium silver....28,288$ Plus 3,000$ for a 10 year 100,000 mile bumper to bumper (powertrain and everything else).......less 8500 for the trade....so with tax....drumroll!!

24,232.038....well worth the coin! bought it used with 4899 on the clock.

It's hard to read your post with that picture.

Edit: I read your post, you should be able to get the extended warranty for much cheaper. I know few people posted they got it for GT2 for 1.5k.

 

[Cantellu]

I just purchased a Ghost Grey GT Limited. I had the dealer include all weather Stinger branded floor mats with rear cargo tray. I was able to negotiate on price based on Kia's website's "build and price", plus 5 years of included scheduled maintenance all for $50080 Canadian.

Does that include Tax ???

 

[Jaymorz]

Not my Stinger this weekend, picked up a Bugatti Chiron last night.

That Quad-turbocharged W16 engine is looking good my dude.

I saw one of those at the mall killing time. $300 bucks is better served on car parts in my opinion, unless they're willing to negotiate a brick or two!