2018 kia niro phev ex premium

Ask the Hackrs
1

Year, Make, Model, and Trim: 2018 KIA NIRO PHEV EX PREMIUM

MSRP: $35,970
Selling Price: $28,000 ($3k negotiated down from MSRP and $4970 lease cash)

Months: 36
Annual Mileage: 12,000

MF: 0.00195
Residual: 56%

Monthly Payments incl. Tax: $342.13

Zip Code: 90291
Sales Tax Rate: 9.5%

Leasehackr Score: 8.9

I believe we also will receive the $1500 back from state and HOV lane stickers.

Is this a good deal? Will go and sign lease tomorrow AM if it is. We have free charging where we live and commute 10-30 miles depending on situation per day.

2

If you have your heart set on the Niro, it seems decent.

3

The max price for a Niro is $32,000 per their website. What car do you have for $35,970?

4

The base for a Niro Plug In EX Premium is 34,500, where do you see 32,000?

I have since found a better deal with $4k off MSRP. That was the only dealer willing to share actual invoice with me of 33,834, so getting it about $2k below invoice before the $5k lease cash.

5

You better take a look at the powertrain on that thing. When the electric motor runs out of juice it’s a serious turd.

2 Likes
6

@Wake - Mind if I ask which dealership you got your Niro Plug-In from and whether you put any down? Thanks in advance!