Yes they are aware. Here's exactly what was sent from the dealer:
"Below are your requested lease options:
2021 Kia Stinger GT2 MSRP is $52,075 Kia Cash rebate of $2,500 Dealer discount of $4,700 Sales Price(After Rebates) = $44,875 TOTAL TTL + fees is $1,642.65 (included in the monthly lease payment) Residual = $29,162 24 month / 10K mile lease monthly payment = $815.48 1st payment due at signing PLEASE NOTE for every $1000 down, the monthly payment would be lowered by $43"
... They seem to have lumped the dealer discount & kia cash rebate together to meet the sales price, but shouldn't part of that be itemized as cap cost reduction? Can the $7k lease cash be added? How would you recommend I counter?
Yes they are aware. Here's exactly what was sent from the dealer:
"Below are your requested lease options:
2021 Kia Stinger GT2 MSRP is $52,075 Kia Cash rebate of $2,500 Dealer discount of $4,700 Sales Price(After Rebates) = $44,875 TOTAL TTL + fees is $1,642.65 (included in the monthly lease payment) Residual = $29,162 24 month / 10K mile lease monthly payment = $815.48 1st payment due at signing PLEASE NOTE for every $1000 down, the monthly payment would be lowered by $43"
... They seem to have lumped the dealer discount & kia cash rebate together to meet the sales price, but shouldn't part of that be itemized as cap cost reduction? Can the $7k lease cash be added? How would you recommend I counter?
Kia Cash isn't compatible with the lease program.
They've given you a purchase quote... and, then a lease payment. That sale price might not be accurate for the actual lease deal.
Also, what about sales tax? TX taxes the full purchase price, even on a lease That should be $2500 or more.
I think you need a detailed quote of the lease deal. With only figures that apply to a lease.
I've asked for a detailed worksheet - still waiting.
I asked about the taxes and was told "The taxes are considerably less because of the tax savings from Kia with their lease programs(My apologies for any confusion on this)"
I'm thinking the dealer discount stays, then instead of the "kia cash rebate" - I'd use the 7k lease incentive. (Whether the tax payment gets adjust after or not, remains to be known.)
I've asked for a detailed worksheet - still waiting.
I asked about the taxes and was told "The taxes are considerably less because of the tax savings from Kia with their lease programs(My apologies for any confusion on this)"
I'm thinking the dealer discount stays, then instead of the "kia cash rebate" - I'd use the 7k lease incentive. (Whether the tax payment gets adjust after or not, remains to be known.)
The dealer may be allowed to offer tax credits from the state. It dramatically reduces the lease payment.
You want a discount from MSRP, then apply the incentive on top of that.
If this is the $52,075 MSRP car, your discount is only $200, and the rebate is $7000.
See how they made it look like you were getting a big discount with the first information they gave you?
The tip-off? With differing lease rebates for 24 or 36 months, the price would have to change, depending on which term you selected. But, they didn't give you any of that information to begin with.
Were they actually willing to discount by $4700 on a purchase (when they were quoting the $2500 Kia Cash)? If so, then they should be able to discount $4700 now, in addition to the $7000 rebate. Which would drop the 24 month payment by about $190/mo.
I'm trying to determine what a good discount off MSRP is right now on a 2021 Stinger GT2 RWD. The best deals I've been offered in California are $4800-5600. Also, can you provide the MF, residual and rebates for this vehicle for a 24/12 lease? How about a 24/10 lease? Hoping to buy tomorrow. Thank you in advance.
I'm trying to determine what a good discount off MSRP is right now on a 2021 Stinger GT2 RWD. The best deals I've been offered in California are $4800-5600. Also, can you provide the MF, residual and rebates for this vehicle for a 24/12 lease? How about a 24/10 lease? Hoping to buy tomorrow. Thank you in advance.
Perhaps I read your original quote wrong (several posts ago). Is the GT1 AWD in 64157 on a 36/10 5900 lease cash, 58% RV, .00125 MF? Or are those numbers 24/10?
Perhaps I read your original quote wrong (several posts ago). Is the GT1 AWD in 64157 on a 36/10 5900 lease cash, 58% RV, .00125 MF? Or are those numbers 24/10?
Somehow, we've managed to copy questions from two different members into one response..
So, starting over...
ZIP 64157
2021 GT1 AWD
24/10: .00125 MF and 58% residual. $5900 lease cash 36/10: .00116 MF and 53% residual. $3800 lease cash
Comments
"Below are your requested lease options:
2021 Kia Stinger GT2
MSRP is $52,075
Kia Cash rebate of $2,500
Dealer discount of $4,700
Sales Price(After Rebates) = $44,875
TOTAL TTL + fees is $1,642.65 (included in the monthly lease payment)
Residual = $29,162
24 month / 10K mile lease monthly payment = $815.48
1st payment due at signing
PLEASE NOTE for every $1000 down, the monthly payment would be lowered by $43"
...
They seem to have lumped the dealer discount & kia cash rebate together to meet the sales price, but shouldn't part of that be itemized as cap cost reduction?
Can the $7k lease cash be added?
How would you recommend I counter?
They've given you a purchase quote... and, then a lease payment.
That sale price might not be accurate for the actual lease deal.
Also, what about sales tax? TX taxes the full purchase price, even on a lease That should be $2500 or more.
I think you need a detailed quote of the lease deal. With only figures that apply to a lease.
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I asked about the taxes and was told "The taxes are considerably less because of the tax savings from Kia with their lease programs(My apologies for any confusion on this)"
I'm thinking the dealer discount stays, then instead of the "kia cash rebate" - I'd use the 7k lease incentive. (Whether the tax payment gets adjust after or not, remains to be known.)
24/10 (75240)
2021 Kia Stinger GT1 RWD,
2021 Kia Stinger GT1 AWD,
2021 Kia Stinger GT2 AWD
2020 Kia Stinger GT1 RWD,
2020 Kia Stinger GT2 AWD,
2020 Kia Stinger GT2 RWD
(I'm sorry I'm a pain in the [non-permissible content removed])
GT1 RWD - .00127 and 58%; $5700 lease cash
GT1 AWD - .00125 and 58%; $5900
GT2 AWD - .00123 and 56%; $7300
Post 2020 questions here:
https://forums.edmunds.com/discussion/59558/kia/stinger/2020-kia-stinger-lease-deals-and-prices#latest
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
You want a discount from MSRP, then apply the incentive on top of that.
You can check out pricing here:
https://www.edmunds.com/new-cars/
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
But, everyone who leases that model qualifies for it.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
See how they made it look like you were getting a big discount with the first information they gave you?
The tip-off? With differing lease rebates for 24 or 36 months, the price would have to change, depending on which term you selected. But, they didn't give you any of that information to begin with.
Were they actually willing to discount by $4700 on a purchase (when they were quoting the $2500 Kia Cash)? If so, then they should be able to discount $4700 now, in addition to the $7000 rebate. Which would drop the 24 month payment by about $190/mo.
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$4400 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Can I get numbers for 2021 GT1 and GT2 AWD, 24/10, 36/10 and 36/12? Zip: 80504. MF, residual, lease cash.
24/10: .00125 MF and 58% residual. $5900 lease cash
36/10: .00116 MF and 53% residual. $3800
GT2
.00123 MF and 56% residual. $7300
.00114 MF and 51% residual. $4900
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24/10 - .00125 and 58%; $5900 lease cash
36/10 - .00116 and 53%; $3800
GT2 AWD
.00123 and 56%; $7300
.00114 and 51%; $4900
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00124 MF and 58% residual. $5100 lease cash
.00116 MF and 53% residual. $3400
GT1
.00127 MF and 58% residual. $5700
.00113 MF and 53% residual. $3600
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$4900 lease cash
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.00113 MF and 52% residual. $3600 lease cash
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Thanks so much.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Can I please have the residual, money factor and lease incentive for
2021 Stinger GT-Line AWD for 36/10 , Zip code 10466
$4400 lease cash
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.00113 and 53%; $3600
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$5900 lease cash
.00116 MF and 53% residual
$3800 lease cash
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Insist on the base MF, or shop elsewhere.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Check with a second dealer and see if you get the same, or different, information.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
And, the money factor is marked up the maximum allowed.
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.00114 and 51%; $4900 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00122 and 55%
$7000 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$2500 lease cash
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So, starting over...
ZIP 64157
2021 GT1 AWD
24/10: .00125 MF and 58% residual. $5900 lease cash
36/10: .00116 MF and 53% residual. $3800 lease cash
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