New here. Heading to the dealership for a Kia 26 Sportage Hybrid X - Line.
Want to know if i got a good deal. MSRP 37,630 down to 35,801. Rebate: $250, Military Discount: $500, Trade in Equity: $1,557. 36 mo / 15k miles for $482 per month. No down payment. With $24,460 residual.
Let me know if it’s good or i need to negotiate for better. Thank you
New here. Heading to the dealership for a Kia 26 Sportage Hybrid X - Line. Want to know if i got a good deal.
MSRP 37,630 down to 35,801
Rebate: $250
Military Discount: $500
Trade in Equity: $1,557
36 mo / 15k miles for $482 per month
No down payment
With $24,460 residual
Let me know if it’s good or i need to negotiate for better. Thank you
Unfortunately, Texas applies sales tax on the selling price of the vehicle, rather than just the leased portion. This makes the lease rather expensive without any lender tax credits.
Have you looked into how much it would cost to finance this and keep for 6 years? For financing, Kia is offering 0% APR for 48 months, 0.9% for 60 months, and 3.99% for 72 months.
Try the lease vs. finance feature on Leasehackr Calculator.