My lease is up in November…buy back is 18,000 and currently have 24,000 miles. Kia has no comparable
Car since Kia Cadenza is no longer going to be made. Do I buy or just give back? I am pretty sure Kia is not a hot item
Thanks
Al H
'.
Every used car is a hot item right now. Call All of the used car buyer like Carmax and you might be surprised.
I’d suggest searching the forum to see if Kia Financial allows third-party buyouts, and then checking Carvana, Vroom, Shift, CarMax, and others to see if your car is worth more than the current buyout price. Simply returning the car is probably the worst option; buying the car for $18K might be a good option if you like the car, and can’t find a good deal on a replacement.
Hyundai Financial (the real bank behind kia leases) does allow 3rd party buyouts without a mark up.