After emailing 4 different South Florida Kia dealers, I got a written lease offer. Wondering if I should move forward, wait for a better offer or just something else!
2024 Kia Sportage EX
MSRP: $30,590
Term: 36 months, 12,000 mpy
Monthly: $369
Total due at signing: $3,500 (inlcludes taxes, fees and 1st payment)
Residual: 66% ($20189.40)
Adjusted Capital Cost: $27,702
IMO you’re better off looking at 0-0.9% APR offers in this segment such as Hyundai Tucson, Santa Fe, Ford Edge, Mazda CX5 etc.
As opposed to spending $16,400 on one lease, followed by, say, $17,000 on the next lease. $33k spent and nothing to show for it.
Thanks @max_g not that I disagree but that’s a discussion for another day 
So what is on and what is off the table?. Clearly I misunderstood what the above meant.
Good point.
What I meant was something other than the Kia Sportage but a lease nontheless.
Is EV on the table or just ICEV?
Yes, but I’m trying to keep the monthly and down payment as close to those numbers as possible.
But I’d also like some input on the deal as described above.
Your DAS looks very high. Did you check with Hollywood KIA? Supposedly they don’t have dealer fees. Also check with Ron Altamar from South Dade if you haven’t.
I did check with Hollywood Kia and they wouldn’t budge from $399 per month with $3,500 down.
This was the best offer I got from 4 different Kia dealers, all with the same down.
Why do you think it’s very high?
The fees seems high. FL taxes monthly payment so big chunk of your DAS seems to be inflated fees.
I appreciate the responses so far but I would like to know about this specific deal. Is it a keeper or a loser?
If this is the best deal you got and you are set on a Sportage sign it. Or make offers to 20 other dealers instead of only talking to 4. It’s up to you.
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