2016 Forte5 EX - Lease Question

jubeekabeejubeekabee Member Posts: 12
edited March 2017 in Kia
I was at the dealer last night looking at the Forte5 EX that had the HD Tech package (+$4500) in pearl white (extra cost too) and I am wondering if I am crazy not to do this deal:

MSRP: $26,155
Trade Allowed: $1,000
Payoff: $3,126
Rebate: $4,300
Incentives: $3,000 (not sure what this is for)
Lic fees and cost adds: couple hundred

Term: 39 mos. / 12,000
MF: .00017
Residual: 46% ($12,031)

I have negative equity in my trade in and we talked our way to $500 down with payments of $299/mo.

What do you think?


Comments

  • kyfdxkyfdx Moderator Posts: 267,528

    I was at the dealer last night looking at the Forte5 EX that had the HD Tech package (+$4500) in pearl white (extra cost too) and I am wondering if I am crazy not to do this deal:

    MSRP: $26,155
    Trade Allowed: $1,000
    Payoff: $3,126
    Rebate: $4,300
    Incentives: $3,000 (not sure what this is for)
    Lic fees and cost adds: couple hundred

    Term: 39 mos. / 12,000
    MF: .00017
    Residual: 46% ($12,031)

    I have negative equity in my trade in and we talked our way to $500 down with payments of $299/mo.

    What do you think?


    I don't have any info on a 39 month lease program for that model.

    But, if you are rolling in $2100 of negative equity, the deal looks pretty good, in a general sort of way.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • jubeekabeejubeekabee Member Posts: 12
    Thanks @kyfdx I think so too... End of the day they seem to be eating $3300 on this deal and that residual at the end is really good for the options in the car im thinking.
Sign In or Register to comment.

Your Privacy

By accessing this website, you acknowledge that Edmunds and its third party business partners may use cookies, pixels, and similar technologies to collect information about you and your interactions with the website as described in our Privacy Statement, and you agree that your use of the website is subject to our Visitor Agreement.