Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Did you get a great deal? Let us know in the Values & Prices Paid section!
Meet your fellow owners in our Owners Clubs

Car Buying Advice - Is this a good lease deal on a 2017 Optima?

sigekarhusigekarhu Posts: 11
edited May 2017 in Kia
Year, Make, Model, and Trim: [2017 Kia Optima EX]

MSRP: [$26,780]
Selling Price: [24000$]
Rebates: [$500 College Grad, $4000 Lease Cash]
Trade-in: [$0]

Months: [24]
Annual Mileage: [12,000]

MF: [optional]
Residual: [optional]

Security Deposit: [$0]
Total Due At Signing: $0]
Monthly Payment (incl. tax): [$246]

Zip Code: [90008]
Sales Tax Rate: [7.75%]

should i take it or could i achieve a better lease deal?

Answers

  • @sigekarhu, I would find out what Money Factor and Residual they're using. The info i have says the MF- .00124 and residual for 24 months 12K miles is 61%

    With a sales price of $2,400 and $4500 in rebates, I would be estimating a payment of $200-205/month with all the numbers you gave me and $0 down.
    Edmunds Moderator
  • @sigekarhu Sorry, I was calculating off 36 months. The payment they're quoting is fantastic and you should be happy with it! The sale price (cap cost) looks great, the MF has to be top tier for that payment, and everything else should be checking out (fees and taxes)
    Edmunds Moderator
Sign In or Register to comment.