Is this a good deal?
I’m considering a Kia EV9, Light LR model, with an MSRP of $61,750.
The lease terms are 12/24 with a monthly rate of $392 and $0 down.
Thoughts?
Adding photo
It’s hard for folks to evaluate without seeing more details of the offer. Did they provide a lease breakdown you could post here? Whats your best attempt replicating the deal on the LH Calculator?
We’ll will be able to provide more input knowing more details (e.g. selling price, which rebates it includes, tax rate, etc.)
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$0 down doesn’t mean $0 due at signing. Request a detailed price so you can see everything, as mentioned above.
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0 down to me is bringing 0 to the table, but I get it.
That’s the quote, no money down - but this is based on ones credit.
In the context of a lease, the distinction is important. Without more information, I would assume it isn’t a great offer. Ask them for the due at signing amount. You might be surprised at how big it is.
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It would be $0. I just leased an ioniq 5 and it was $0 due at signing.
What am I missing here?..
Added a photo. Lmk what you think
That helps a lot. Getting nearly 10% on an EV9 is pretty good from what I am seeing here in SoCal. Do you know if you are getting the lease cash and the Kia summer bonus in your $9500? Is it $8000 + $1500 in your area? If so, then it seems good to me. I may have to try to replicate it here!
Wouldn’t mind this dealer’s info, if you would be willing to DM.
I’m struggling to move past 5.5% discount, so your 9.4% pre incentive is looking strong.
Just confirm you are getting the right MF and they aren’t trying to puff it to make up the discount.
Apologies for my ignorance but why would your last statement matter if I am leasing
Take it and run!!! My deal is $408 a month because my doc fee is 750 and new plates about $350 (same trim as you)
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For the money factor? It is the interest you are paying… if they bumped it up, then they are charging you extra interest compared to what the bank rate should be.
Take a look at the calculator and play around with the money factor… the very good leases on the EV9 can get down to .00005
BTW I am not far from Michigan and looking for a similar deal to this on a Land trim… if you finish your deal and don’t mind sending me a contact name, would be interested in reaching out
HOW DO I GET THIS DEAL? I WANT IT![quote=“Hatesneezing, post:1, topic:561697, full:true”]
Is this a good deal?
I’m considering a Kia EV9, Light LR model, with an MSRP of $61,750.
The lease terms are 12/24 with a monthly rate of $392 and $0 down.
Thoughts?
Adding photo
[/quote]
1 Like
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