Hello guys, I am new to the forum…
I have a deal offer on the table and I wanted to see what you guys think. Is this an excellent, good or poor deal?
Also, what do you suggest I do to make it better?
2020 Kia Forte GT-Line
MSRP: $21,455.00
Cap. cost: $15,524.57
Money Factor: 0.00181
Residual value: 54%
Lease term: 36 months/12k
Manufacturer incentives: $4,420
Amount due at signing/inception fees: $2,062
$0 money down
Region: Florida
Your input would be greatly appreciated!
The payment def seems like a good deal I had seen brokers post when looking for a family member, but DAS could be lower. But is thru dealer afterall. I would check with a broker who does Kia.
Calculator inputs may not be correct
When you fix the calculator (plug in the rebate as an incentive, bump up the selling price by $4,420 since the selling price is BEFORE rebates, it’s a 7% discount off MSRP. Not amazing. Due at signing is another $57/month when spread across 36 months. Still, if we think of it as a $227/month payment with $0 at signing, I’m not sure you’d easily top that, especially in the florida market.
