2019 Kia Forte Lease, Is this “good”?

Ask the Hackrs
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1

So, I’ve been going back and forth with two different dealerships about leasing a 2019 Kia Forte S with Premium Package.
MSRP: 22730
Selling Price: 20135
0DAS/Drive Off
230 Pre-Tax Monthly
250 Post-Tax Monthly
MF:.00190
RV: 51%
I don’t have the full price breakdown, and the other dealer said they would beat the offer and give me 245 a month post tax if I come in tomorrow.

2

Have you confirmed MF/RV/incentives with Edmunds?

3

Yup, I had the Edmunds numbers ahead of reaching out and after asking for my zip the dealer gave the same #'s

4

Is your selling price pre or post incentive? What are the incentives?

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5

Pre! I knew I was forgetting to add something, the incentives this month are $3620 from Kia.

6

Personally i would not pay that much for a cloth seat econobox.

I think I’ve seen brokers push elantras for 150, 1k das on here for whatever that is worth.

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7

Appreciate this! Going to try and push further if the deal doesn’t seem like it’s going anywhere I’ll probably just walk away and wait for next months incentives.

8

There’s two potential questions being asked here: is $250 a good price on a forte and is a forte a good car for $250.

I don’t know the forte market well, but at 11.5% pre incentive with buy rate MF, I don’t know that you’re really likely to much better. You’ll have to look at the alternatives to decide if there’s a better way to spend $250.

2 Likes
9

For this particular car you may not be able to get any better. I am just saying this car is in general expensive for what it is.

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10

This is probably what I needed to hear, because the math seemed to all be right but something about $250 for a forte isn’t right

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12

I agree. The selling price is definitely too high for the S. And the lxs is probably the sweet spot for leasing a Forte.