Hey Guys,
I’m working on an out of state lease (potentially leasing from GA, car will be registered in SC) for a 2024 Kia EV9 GT. I can’t seem to get the numbers to make sense, but I do think the discrepancy is centered around taxes. I was under the impression that the state of SC caps new car sales tax at $500 (referred to as ‘IMF’), but the dealer is saying otherwise. Specifically, they mentioned there is a $351 cap fee, $791.74 in cap taxes, and a few other “governmental” fees (road use, GA electric filing, etc). These are all added on top of the $500 IMF. Even after this explanation, I still can’t seem to get their numbers to work. I also mentioned not paying anything down and they agreed and mentioned it would just be the first month’s payment (doesn’t appear that way on the quote though). Also, the MF is .00093 which is the base rate.
Has anyone had experience specifically with leasing in SC? Or can anyone help me make sense of the numbers and if this is a good deal or not? Below is my best attempt with the LH calculator. For what it’s worth, I’ve already found a better deal on a 2025 EV9 GT (though with a much higher residual), and my target deal would’ve been $700 or under but I’m not sure how realistic this is. I have also checked the Marketplace and didn’t find any EV9 GT’s for my state.
Also attaching some pictures - apologies they’re cut off as they were snapped during a FaceTime call.
