Pretty simple deal that became amazing because of a $7500 state incentive (Maine) and the Niro’s high RV and low MF. I chose 15k miles. Would have been completely free at 12k miles.
MSRP: $42,400
Sale Price: $39,600
Rebates: $7500 Federal, $7500 Maine, $1500 Kia Summer VIN
One of my Bolts was -1161.6 years but this is a great deal too! The calculator gets pretty wonky anyway once you start teetering into the very low cost/free after rebate deals.
When you include the buyback etc., that bolt was an amazing deal. Including everything, I ended up getting paid 4-500 a month for that bolt :). That was insane!
It was ridiculous… I got around $4,500 back for one, around $5,000 back for another and I used the car I got in the substitution of collateral as $6,000 in trade in credit towards the purchase of one.
Thank You! The State Incentive is amazing if you can get it. To get the full $7500, have to go through vetting process. Various ways to qualify based on low income, but not super simple. Took a few weeks to get the certificate from the state, then it’s all good.
Serious question: How did they fund a lease with negative depriciation? Your calculator shows it as -$3188.
When I have a bunch of rebates stack for my Nissan Ariya for instance in Colorado, the depreciation is also negative but they won’t do the deal because NMAC funds the lease only with at least $100+ of depreciation. (Still working on a deal for it).
That’s what I figure. I got downvoted to hell and laughed at when I mentioned that in my thread regarding a Nissan Ariya. They were like no dealer has ever done that and wouldn’t do it for me.
There is a kid in brooklyn who writes these banger deals. I am talking 4800+ in bird dogs. He then calls every dealer in the tri state to see who can get him the best selling price so he can pocket 5k plus. He does this like 4-5 times a month.
Interested, I’m curious to learn more. So basically the kid is a broker? He finds a good enough deal to get the end buyer/leaser interested enough and he still has $5k skin on the bone for himself?!