2019 Kia Forte LXS, $163/M, Zero DAS

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2019 Kia Forte LXS
Deal signed on 01/29/2019

MSRP: $20,250
Selling Price: $15,882.82
Monthly Payment: $163 (including tax)
Cash Due at Signing: $0
MSD: 0
Incentives: $3500.00

Months: 24
Annual Mileage: 12,000
MF: 0.00207
Residual: 59%

Region: AZ (8.6% monthly tax)
Leasehackr Score: 10.1

Thank you again to the LH community. Valuable feedback from this forum helped me finesse an additional $1098 savings on this deal! Shoutout: @adamcar

This deal cannot be replicated by dealer.

Pictures of the car without the tint it came with:

Good deal. Your payment is pretty much just interest, taxes and fees as you are only paying ~2% depreciation.

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Nicely done!

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Very Nice Deal. Congrats. What are your first impressions of the car?

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I bought it remotely for my sister so I haven’t driven it. She likes it though - being used as a commuter car while she’s in school.

Can you share the way of these savings?

The dealership said they could only sell me the car at the $15,882.82 price if I purchased two additional packages at $549 each: wheel and tire warranty + prepaid maintenance. Both of these have a 30-day/100% refund cancellation policy. I cancelled both of those.

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Smart move!!

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Don’t know what I did, but congrats!!!

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I’ve heard of others who have bought warranties, and later cancelled them, in exchange for a deeper discount off MSRP. Did the dealer offer this option to you or did you propose it?

Dealer said he could give me the car at that sales price only if I bought those two packages. I decided to cancel them on my own. There was no discussion about cancellation between him and I during the negotiation period.