The salesperson at kia dealership verbally noted that they have a special going on this March for Kia Niro EV 2025 Wind, lease for 24 months, 10K miles allowance for $169 monthly. 0$ down-payment
Is this a good deal?
There’s absolutely no way to determine that based on that information. Is there any down payment? Tax, tags and fees due at signing? Manufacturer and dealership lease “specials” are usually anything but.
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It’s highly unlikely it’s a good deal if it’s what the salesman openly offered.
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0 down-payment.
I didn’t ask about taxes, fees… Etc
You should always ask about this. They can add up to thousands of $
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zero down on a lease is not “sign and drive” as most people would assume. Sign and drive is just signing for the lease and driving away, zero due at signing. Zero down = Paying upfront taxes, dmv costs, acquisition fee, doc fees, title fees, 1st payment etc. This can easily be 2-6k depending on where you are buying and what the fees/taxes cost.
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It can be more complicated than that. Zero down is just zero additional cap cost reduction. You can have a zero down lease where you pay thousands in upfront taxes and fees. You can also have a zero down lease where the taxes and fees are capitalized.
They’re all “zero down”, but the actual out of pocket amount can vary by thousands. It’s a totally ambiguous term that dealers like to not be transparent.
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Yes, this is very true, a dealer can use this term to mean almost anything they want. My point was to warn the OP that the real question they need to ask is “how much due at signing” when they are told “zero down”. I would wager the average salesperson doesn’t even know the difference between 0DAS and “0 Down”.
Thanks!
I am a newbie in leasing. Please share your thoughts what would be a great lease deal. Thank you!
You can look through Marketplace and Signed Deals & Tips to see if there have been any recent Kia Niro EV deals in your area to get a sense of what a good deal is.
Its hard to get otd price from dealers via email or phone. Almost everyone wants you to come in into dealership
OTD isn’t a figure that’s particularly useful for leasing.
Trying to determine a monthly + DAS from data here to offer the dealerships might be a more effective strategy.
Honestly, most people would be better off just looking for a dealer/broker in your region from the marketplace and taking the posted deal. Also, check the “Deals” section at the top of this site for a pre-negotiated deal. If they don’t have the trim you want listed reach out and i’m sure they can work a similar deal on the correct trim. This will save you a lot of time and aggravation and the small fee (usually $500-1k) is worth it for most people.
That being said, if you want to try shopping 20+ dealers with an actionable offer “I will buy it in 2 hours if you will meet this quote: $xxxx DAS and $xxx per month including taxes and fees” you can but that type of transaction is being avoided by most dealer groups now. They have layers of people designed to just take appointments and get you into the store. This will almost always end up in the dealers favor OR you will leave and waste even more time.
This $0 down vs $0 due is reminiscent of how many (most?) people think a tax refund means you pay no taxes. People are just clueless in general when it comes to basic finance.
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Yes if you get a deal 169/month all in its a good deal.
I’d put my mortgage on this not actually being the deal all in.
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But good news!! No security deposit required. 
thank you all! I got another offer via text this time: 2024 Chevy Blazer EV LT, 301 miles. MSRP $50,195. Rebate: $5,750. 24@$258.14 monthly, 10K annual mileage. I asked about DAS - he went silent. Supposed to be 0 as I requested to roll all other fees into monthly payment.