2018 Kia Soul EV+
MSRP: $37,035
Selling Price: $33,643
Monthly Payment: $162
Cash Due at Signing: $2,162
MSD:N/A
Incentives:$16,600 lease cash
Months:36
Annual Mileage:10,000
MF:.0021
Residual: 32% ($11,851)
Region: NE
Leasehackr Score: 13.4 years
Just wondering how good of a deal this really is - I think it’s pretty damn good, but I do see some ridiculous deals on here. Would it be pushing it to ask for a lower purchase price here? I know that the 2018s won’t be leasable any more after either the end of this month or next month, and I don’t necessarily need a new car, so that gives me some leverage in negotiations. This particular dealership has 4 Soul EVs in stock that they need to get rid of.
Also, this is with no additional rebates other than the $7,500 federal. Sadly, in RI, all the money ran out for the $2,500 EV credit with no plans to renew.
Probably as good as it’s going to get right now. I guess they’re getting serious about the residuals. The residual on my 2015 Spark EV was like $17k but were selling for like $10k on used lots so GM took a hit on those. You’re probably paying a lot of taxes on the incentives which is why the cash due at signing is so high. If the EV range fits your needs, this is a good deal. I really enjoyed my $137/mo Spark EV with 80 mile range, but with both kids now in competitive sports, I needed something with longer range so I just got a gas car.
I honestly think the residual is super low - 2015 soul EV+ models with ~30k miles are going for $19k+ in my area - should be $14-15k on a trade in if the trend holds up.
That’s good to hear though - planning on going to the dealer tomorrow to sign paperwork. Might just have them roll the 2k into the monthly payment - $215 a month is $100 less than what I’m paying right now actually
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2k includes what fees? What state is this?
Thanks!
That low of a residual might get you a nice equity surprise at the end of the lease… looks like a pretty good deal.
