Check this Lease Deal .... Any Good?

pilothobspilothobs Member Posts: 7
edited February 2021 in Kia
Hello

I’m in Charlotte NC. 28056

Got this deal from one of the local Kia Dealers.

2020 Niro EX
MSRP $34650
Sale Price $33000
Rebate $6743
Residual 53%
Money Factor .0015
36/12000
$400 Due at signing
$343.32/mo

Any Good?



Comments

  • kyfdxkyfdx Moderator Posts: 212,114
    pilothobs said:

    Hello

    I’m in Charlotte NC. 28056

    Got this deal from one of the local Kia Dealers.

    2020 Niro EX
    MSRP $34650
    Sale Price $33000
    Rebate $6743
    Residual 53%
    Money Factor .0015
    36/12000
    $400 Due at signing
    $343.32/mo

    Any Good?



    .00110 MF and 53% residual
    $6743 lease cash

    Do you have the adjusted CAP cost?
    Money factor is marked up the maximum.

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

    Edmunds Moderator

  • pilothobspilothobs Member Posts: 7
    kyfdx said:

    pilothobs said:

    Hello

    I’m in Charlotte NC. 28056

    Got this deal from one of the local Kia Dealers.

    2020 Niro EX
    MSRP $34650
    Sale Price $33000
    Rebate $6743
    Residual 53%
    Money Factor .0015
    36/12000
    $400 Due at signing
    $343.32/mo

    Any Good?



    .00110 MF and 53% residual
    $6743 lease cash

    Do you have the adjusted CAP cost?
    Money factor is marked up the maximum.
  • pilothobspilothobs Member Posts: 7


    .00110 MF and 53% residual
    $6743 lease cash

    Do you have the adjusted CAP cost?
    Money factor is marked up the maximum.


  • kyfdxkyfdx Moderator Posts: 212,114
    pilothobs said:



    .00110 MF and 53% residual
    $6743 lease cash

    Do you have the adjusted CAP cost?
    Money factor is marked up the maximum.




    The money factor markup adds $19/mo. to the deal.

    I'm sure there is a big dealer fee in there, too.

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

    Edmunds Moderator

  • pilothobspilothobs Member Posts: 7
    kyfdx said:

    pilothobs said:



    .00110 MF and 53% residual
    $6743 lease cash

    Do you have the adjusted CAP cost?
    Money factor is marked up the maximum.


    The money factor markup adds $19/mo. to the deal.

    I'm sure there is a big dealer fee in there, too.
    Here's a different dealer's Numbers

  • pilothobspilothobs Member Posts: 7

  • kyfdxkyfdx Moderator Posts: 212,114
    pilothobs said:


    Much better

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

    Edmunds Moderator

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