New to forum. Lease advice needed!!

[Jgoody92]

Hi all,
I've been reading this forum for a

 

[Paul32]

Hi all,
I've been reading this forum for a few weeks because I'm debating pulling the trigger on a Stinger. Here are a couple lease quotes I've gotten and would appreciate advice on which route looks better. On both quotes the cash down is tax, title, license, fees, and 1st payment.

2018 Stinger Premium Awd with drive wise package and remote start
$42xxx MSRP
$1500 cash down payment
3yr/36k
$289 a month

2018 gt2 Awd has 4k miles due to owner of dealership driving.
$52300
$2500 cash down
3yr/36k
$436 a month

Not knowing all the details, I would offer only the first month payment as a down payment. Do these monthly payments include tax? Or, plus tax? On the surface, the monthly payments seem reasonable.

 

[Jgoody92]

Yes the payment is tax and everything. Not sure what other details are needed. My check I write is for either the $1500 or $2500 whichever way I go. The monthly payments are total monthly with everything included. Those were the questions I asked right away. None of this add on bs or hidden fees. I'm not sure what other info I needed. I realize i will want it on paper to see the money factor, residual, sale price, etc. but the amounts above is cut and dry.

 

[Jgoody92]

Not knowing all the details, I would offer only the first month payment as a down payment. Do these monthly payments include tax? Or, plus tax? On the surface, the monthly payments seem reasonable.

As far as the money down the premium with the $1500 down was to cover tax, title, license, and 1st month. The gt2 I offered the $2500 down to cover all of the above and to get my payments lower. The would do both for 0 down but then the payments would be higher.

 

[Paul32]

Yes the payment is tax and everything. Not sure what other details are needed. My check I write is for either the $1500 or $2500 whichever way I go. The monthly payments are total monthly with everything included. Those were the questions I asked right away. None of this add on bs or hidden fees. I'm not sure what other info I needed. I realize i will want it on paper to see the money factor, residual, sale price, etc. but the amounts above is cut and dry.

The monthly payment looks reasonable but if we can't see all the charges, can not determine if there is wiggle room. ie: size of dealer fee, add on's etc. Where are you located?

 

[Jgoody92]

The monthly payment looks reasonable but if we can't see all the charges, can not determine if there is wiggle room. ie: size of dealer fee, add on's etc. Where are you located?

Iowa
I get what your saying and I don't have the paperwork to show you. I was just more curious if anyone has gotten similar cars for similar monthly payments and or money down. Also based on 1 car being msrp of 42k and the other 52k which looks like a better deal.

 

[Ruturaj]

Lol. Seems like you don't care about getting the best deal. You just care about if you are getting comparable payments to others or just want to hear wow that's a solid deal.

Let me know which one, i will say that and you can move ahead with the "deal".

 

[Jgoody92]

Lol. Seems like you don't care about getting the best deal. You just care about if you are getting comparable payments to others or just want to hear wow that's a solid
Let me know which one, i will say that and you can move ahead with the "deal".

Wtf!!! What a dick!!! How is giving you the numbers I know and have at this point not trying to get the best deal. I posted what I know if I had all the info I wouldn't be asking. The part I don't understand is if I give what the value of the vehicle is, what my payments are going to be, and what the out the door cost is how is that not trying to give as much info as I have. I realize I will want the numbers on paper before making a decision but I thought asking the people on this forum who have bought, leased, or at least entertained leasing would have some insight.

 

[Ruturaj]

Okay. Not a good way to do leasing. Always understand MSRP, negotiated price (MSRP - dealer discount), lease incentives and taxes. Always post the state at least as it gives a idea about taxes and fees as without states these can be Apple to Orange comparisons. As a state might charge sales tax on full price of a car or monthly payment and percentage do vary as well. So taxes can easily make upward of 50 difference. Money factor and remaining value is same everywhere, you can find the numbers on google, so I do not consider them important for getting from dealer.

I would advise you to get the numbers for vetter advice.

With 4k miles I would expect dealer to give you more than 8k off MSRP (I was able to get on demo model with 3k miles but they would not lease it), 7700 lease rebate (check these numbers on kia.com with your ZIP code). That roughly leaves you at 10k in depreciation, you should be able to gather other numbers and calculate approx lease payment with these numbers. Then decide if it's a good deal.

Paments aside, If you can afford a gt2 get it over premium.

 

[Jgoody92]

Okay. Not a good way to do leasing. Always understand MSRP, negotiated price (MSRP - dealer discount), lease incentives and taxes. Always post the state at least as it gives a idea about taxes and fees as without states these can be Apple to Orange comparisons. As a state might charge sales tax on full price of a car or monthly payment and percentage do vary as well. So taxes can easily make upward of 50 difference. Money factor and remaining value is same everywhere, you can find the numbers on google, so I do not consider them important for getting from dealer.

I would advise you to get the numbers for vetter advice.

With 4k miles I would expect dealer to give you more than 8k off MSRP (I was able to get on demo model with 3k miles but they would not lease it), 7700 lease rebate (check these numbers on kia.com with your ZIP code). That roughly leaves you at 10k in depreciation, you should be able to gather other numbers and calculate approx lease payment with these numbers. Then decide if it's a good deal.

Paments aside, If you can afford a gt2 get it over premium.

Thank you

 

[Peeso33]

Wtf!!! What a dick!!! How is giving you the numbers I know and have at this point not trying to get the best deal. I posted what I know if I had all the info I wouldn't be asking. The part I don't understand is if I give what the value of the vehicle is, what my payments are going to be, and what the out the door cost is how is that not trying to give as much info as I have. I realize I will want the numbers on paper before making a decision but I thought asking the people on this forum who have bought, leased, or at least entertained leasing would have some insight.

Take your time and learn to use a simple lease calculator. Over at edmunds kia stinger forum, you can get mf, lease cash, and residual info for your zip code. Taking the word and calculation of a car sales person is never a good idea. Don't get tunnel visioned into looking only at an attractive monthly payment amount. At the very least, you need to know the selling price and money factor. Good luck.

 

[Paul32]

Wtf!!! What a dick!!! How is giving you the numbers I know and have at this point not trying to get the best deal. I posted what I know if I had all the info I wouldn't be asking. The part I don't understand is if I give what the value of the vehicle is, what my payments are going to be, and what the out the door cost is how is that not trying to give as much info as I have. I realize I will want the numbers on paper before making a decision but I thought asking the people on this forum who have bought, leased, or at least entertained leasing would have some insight.

With that kind of language, on this forum, you just got blocked from me ever seeing you again..........
Sorry I responded and asked a couple of questions.

 

[p-baller100]

Damn, how'd you manage to get that AWD premium down so low! I've got them down to $29.5k with no down payment and they gave me $380 before taxes, $448 after. And that is a 3yr/30k miles!