Edmund lease deal price breakdown

JULIJMACJULIJMAC Member Posts: 4
edited June 2020 in Kia
on the true market value presented by Edmunds, it shows estimated taxes and fees as a monthly amount. Is that included in my monthly payment or do I need that amount upfront and it is just showing what my monthly costs would be over the life of the lease? I need to make sure I figure correctly as to what I can afford to put down on lease if I have to pay those fees and taxes upfront as well as down payment and 1st months payment.
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  • MichaellMichaell Moderator Posts: 248,969
    JULIJMAC said:

    on the true market value presented by Edmunds, it shows estimated taxes and fees as a monthly amount. Is that included in my monthly payment or do I need that amount upfront and it is just showing what my monthly costs would be over the life of the lease? I need to make sure I figure correctly as to what I can afford to put down on lease if I have to pay those fees and taxes upfront as well as down payment and 1st months payment.

    What is your ZIP code?

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  • JULIJMACJULIJMAC Member Posts: 4
    47335
  • MichaellMichaell Moderator Posts: 248,969
    JULIJMAC said:

    on the true market value presented by Edmunds, it shows estimated taxes and fees as a monthly amount. Is that included in my monthly payment or do I need that amount upfront and it is just showing what my monthly costs would be over the life of the lease? I need to make sure I figure correctly as to what I can afford to put down on lease if I have to pay those fees and taxes upfront as well as down payment and 1st months payment.

    I'm pretty sure Indiana taxes the monthly payment, so the information presented looks to be correct.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

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