I want to order the 2021 Kia Telluride Sx Night Addition MSRP 48,000. I have about 10,000 of negative equity in my trade in. How realistic is it that the dealer will negotiate the price with that car being such a in demand car ? And what kind of payment am I looking at with much negative equity? Help!
Extremely un
That car often sells for over MSRP. As far as the 10k neggy… perhaps its not time for another car
That translates into $250-300/month extra. And you’ll be paying more interest on top of the first time you got it. Not recommended…
You could probably lease an Aston Martin for less money than a 21 telluride with $10k in negative equity rolled in
So if I’m looking to lease should I find a Vehicle a lot less expensive, the family getting bigger so I kinda need a bigger vehicle, what is the smartest route to go ? Thanks for the input
Leasing a telluride is a waste of time. The prices they’re asking for them are insane.
Leasing anything with $10k in negative equity is going to hurt… a lot. I’d focus on trying to pay that down before you pay taxes and interest on it a second time.
What vehicle is the negative equity on, and which region are you in? (No personal info… just a general idea 
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You sure it’s 10k in negative? Have you checked your payoff values versus Carvana or Carvana offer vs loan amount.
Telluride is definitely, a finance purchase unless you like pissing money down the drain.
2016 Ford Fusion SE 17,000 left with 60,000 miles , Colorado region was
Did you check Carvana for an offer or vroom?
CarMax quoted me 8,500 for a trade in, I would like to be under 650 for a lease and in a suv 2 kids!
Check Carvana or vroom before you make a decision.
If your -10k equity evaluation is after the CarMax quote of 8500 then by all means go ahead and check out Carvana, Vroom, etc. Leasing a Telluride is already going to run you over 400 on an LX, and you want an SX, if confirmed that it’s -10k equity even after Carvana/other offers then that isn’t going to work in your favor at all especially on the Telluride.
Thanks will do , I’m open to other vehicles we will just have to go back to the drawing board! It’s got to sense I don’t want to be car poor.
You won’t get into that telluride for 650/mo even without the negative equity
What would you recommend for me too look at suv wise
If you’re trying to be under $650/mo and you’re stuck with $10k in negative equity, a pilot is probably your best option for a 3 row suv
First of all please do NOT get this personal but I do not get it. I see this very often. Why these days 2+2 family needs 6 or 7 seater car?
I have raised my 2 kids having CRV in 2008. We made 100k miles with plenty of trips.
Do You really need 3rd row and get into bigger debt?
No I appreciate your honesty, I don’t necessarily need a 3 row but I would like to have some space and be in a vehicle that’s safe , and if I can get into something that makes sense and we’re I won’t be in debt would be ideal! Driving a CRV may have worked for you but it may not be for everyone! Nothing wrong with that
I am not trying to put You into CRV. My point is the size of the car that You really need at this stage of Your family life. If You can afford there is no discussion but if every dollar counts please rethink this.