Kia sales manager raised selling price?

meryllgeemeryllgee Member Posts: 1
edited April 2 in Kia
Location 91723 Covina California
Hello I’ve attempted to use the lease calculator and came up with a target monthly for a 2025 Kia k4 gt line.

This is what I came up with:

Kia US KFA subvented special lease. plus the $250 Kia lease cash.

VIN 3KPFW4DE3SE097663
MRSP: $29,055
Selling price: $26,805 (on website)

0 down

36 months 10k

Residual: 69% ($20,048)

Money Factor: 0.00245 (APR 5.88%)

Tax rate: 10.75% (estimate)

monthly target: $348

Depreciation $199

Rent charge $116

monthly taxes $34

I sent these numbers and they responded with a higher selling price at 28,055. thats 2k above what the listing says and calculator generated.

This is what the manager replied with:

MSRP: $29,055
Selling : $28,055
Rebate : $150
Government fee: $484.36
Proc/doc fee :$85.00
Gross cap cost : $29,761.89
Cap cost reduction : $150.00
Adjusted cap cost: $29,611.89

@ 0 down for 24 months they want 472
36 months 423

Can someone explain what all this means? I’m just a girl. :hugs:

Comments

  • MichaellMichaell Moderator Posts: 258,939
    meryllgee said:

    Location 91723 Covina California
    Hello I’ve attempted to use the lease calculator and came up with a target monthly for a 2025 Kia k4 gt line.

    This is what I came up with:

    Kia US KFA subvented special lease. plus the $250 Kia lease cash.

    VIN 3KPFW4DE3SE097663
    MRSP: $29,055
    Selling price: $26,805 (on website)

    0 down

    36 months 10k

    Residual: 69% ($20,048)

    Money Factor: 0.00245 (APR 5.88%)

    Tax rate: 10.75% (estimate)

    monthly target: $348

    Depreciation $199

    Rent charge $116

    monthly taxes $34

    I sent these numbers and they responded with a higher selling price at 28,055. thats 2k above what the listing says and calculator generated.

    This is what the manager replied with:

    MSRP: $29,055
    Selling : $28,055
    Rebate : $150
    Government fee: $484.36
    Proc/doc fee :$85.00
    Gross cap cost : $29,761.89
    Cap cost reduction : $150.00
    Adjusted cap cost: $29,611.89

    @ 0 down for 24 months they want 472
    36 months 423

    Can someone explain what all this means? I’m just a girl. :hugs:

    Please repost into our existing 2025 K4 discussion

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