This is a deal from a NY Kia dealership website that has express buy. Am i missing something here? It says when i put in my actual address more accurate taxes will be shown.
Is this a good deal?
2024 Kia
Sorento S
Base Model
$38,265
Premium Colors and Trims
$495
Wolf Gray
$495
Manufacturer Destination Charge
$1,375
MSRP (Sticker Price)
$40,135
Kia Price
$40,135
Manufacturer Rebate
-$770
Total Purchase Price
$39,365
LEASE SUMMARY
Term
36 months
Annual Mileage
10,000
Residual Value (70%)
$28,095
Total Due At Signing
$3,000
First Payment
$491
Down Payment
$403
Estimated Up-Front Registration & Fees
$368
Sales Tax$1,738
Monthly Payment
$491.22
Sales tax includes $783.29 (4%) New York, $881.20 (4.5%) Kings County and $73.43 (0.375%) Transit taxes. Capitalized registration & fees include $650.00 acquisition fee. Up-front registration & fees include $250.00 DMV fee, $75.00 documentation fee, $30.00 electronic filing fee and $12.50 tire fee.
Security deposit waived. The capitalized cost of your lease is $39,611.64, which includes any capitalized taxes, and fees.
Payment subject to approval of credit with a credit score of 800 or higher and includes all taxes and fees and any manufacturer rebates. The monthly payment includes capitalized fees of $18.06 ($650 paid over 36 months). At the end of your lease, a $400 disposition fee may be due.
10,000 miles per year with 20¢/mile overage charge.
Additional taxes, registration and license fees may apply for out of state purchasers based on their registration address. Taxes are estimates. The dealership will help determine accurate taxes prior to delivery.
I got quoted $696 for the same vehicle when i went to a different dealership. Its $770 off MSRP.
With $0 down it comes to $504 per month. Does anyone have experience with these express buys?
Obviously have to check credit etc.
You’re showing a $770 off incentive with an at MSRP sales price. That means no discount at all. The incentive isn’t a dealer discount. It’s basically a manufacturer MSRP adjustment.
Contact @AutoNinjas asap’ I got my Sorrento last week through them and the numbers are were way better than that- also if you hurry up looks like they have a promo that ends today!
@joc123 i went to three different local dealers and all wanted 5-10k over market plus a bunch of bullcrap add ons- plus they didn’t have the color we wanted’ first time using @AutoNinjas and Nathan was super professional and made the entire process easy
Thats a great deal! what area do you live? It looks like you had a Kia before because of the discount? My wife wants the S model because of the bench seats but i liked the drive of the turbo engine. Was looking at the X-line ex originally also.
We, like other brokers on this platform, charge up front fees to clients instead of packing in with dealers. Anytime you find a broker who does the job for “free”, know it is coming from the dealer end. This is not inherently a bad thing, however it makes things less transparent and as a past-dealer myself who was on the desk in NJ and dealt with many brokers from the dealer end, they can cut into a LOT of the money that both the dealer and the client lose out on. Our goal is high volume discounts, make a fair amount up front with repeatable deals with large discounts at high volume. This is also why we are very transparent with the discounts on our deals up front, versus some brokers that are ambiguous on the numbers or only quote “case by case”.
As always, we expect any client to do their homework and make the best decision for themselves after weighing out their options (also why we don’t charge you for quotes or to work with us, only if you wish to take us up on our deal) but in many cases I think you will find our upfront cost is greatly outweighed by the deals we provide.
Thank you @A_Bomova for the shoutout! Good luck OP on your new Sorento, we hope to hear from you, but if not we hope you find the deal you are looking for!
