I wanted to check if this is a good deal. My first lease. It’s a 2023 Kia EV-6 GT-Line - Red Color. This is in the Denver Metropolitan Area. Attached is a screenshot of the quote below.
It’s for a 36-month, 12,000-mile/year lease.
Money Factor: 0.00153
Asked them to reduce the selling price to $53,000 and they said $54,999 was the best offer they could do.
I asked to break down the first payment as I said I wanted 0 down. They said that the DAS is what they are showing in the quote. Below is what the salesperson emailed me when I asked about the down payment. Am I missing something here?
“The $1625 = Dealer handling $799.50 + acquisition fee $650 + $404 first month payment = Some of the discount rolls into that lowering the total to $1,625 instead of $1,853.50”
Thoughts? I’ve been watching a lot of videos and reading here on the forums. So learning a lot but what to check if this is a good deal or not?
So they have included the CO rebate as part of the total rebates. Federal 7500 + Colorado 5350. Are you saying I should get a better deal in the sense a better dealer discount?
Your dealer discount is about 7.5% off MSRP. Have you reached out to other dealers? I have no clue what inventory looks like in your area, but I would recommend shopping around.
I have reached out to multiple and am waiting on quotes from a few of them. Some dealerships said they could shave of 50-100 dollars but nothing significant.
I have asked a couple of dealerships to see if they can get the selling price down to 53000. Which would put the dealer discount at 10.8%. I know it is very subjective but at what price point would you consider it a good deal?
Have originally asked for a 36-month lease. They gave me the quote for a 24-month lease. Sorry new to leasing but I am under the impression that it’ll cheaper monthly payments if I do 36 over 24.
Please let me know if I am missing something and 24 would be beneficial over 36.
