Year, Make, Model, and Trim: [2017 Kia Niro Touring /tech package]
MSRP: [$31,145]
Selling Price: [$28,615]
Rebates: [$0]
Trade-in: [$0]
Months: [36]
Annual Mileage: [12,000]
MF: [.00104]
Residual: [58]
Security Deposit: [$0]
Total Due At Signing: [$351]
Monthly Payment (incl. tax): [$377]
Zip Code: [60134] Chicago Suburbs
Sales Tax Rate: [7.5%]
My dealer told me a MSRP price which can’t be found on the Kia web page. If I add the touring, the tech package, the paint and the destination charge I come up with $32,840. I can’t come up with his MSRP regardless of the combinations I pick. I asked the dealer for clarification but is this a common tactic? Based on the RV% and the RV$ he gave me he really means the lower MSRP.
Based on the website http://residuals.cula.com/vehicleresidualcalculator/consumerlease.aspx the RV should be 53%. As long as I don’t want to buy the car after the lease is up I shouldn’t care, correct? The higher the better for the lease, correct?
What are reasonable acquisition, title, plate, registration and doc fees for Kia? In my current lease with Infiniti they are combined $1,000. Based on the data I got from the dealer they would be only $325 with Kia. Can someone confirm that level with brands like Kia?
The dealer also offered an additional $2,000 lease cash but didn’t give me the monthly payment for the additional cash. Should I be worried? Considering the additional cash it would be a great lease from my perspective as the monthly pre-tax payment would come down to $293.
As is is my second lease and the first I really look at the numbers in detail I would appreciate your feed back on this lease.
