Im trying to validate your comments, and I do enjoy my car.
Looks like the last model of 340i was 2018 models. I read a few of the threads, and yes, they pay $480/month, but they also paid around $2500K DAS. I paid $0 DAS.
I have a 2018 X5M and I would probably take a Kia Stinger GT over a BMW 340i, but I know plenty wouldnât because of the badge. I donât know why you keep calling it a stripped down Stinger when itâs nearly $10k more than the base Stinger, and $3k on top of that trim level. Not sure what the point is in comparing it to random Mercedes, youâre not comparing luxury to luxury, youâre comparing luxury to sport/performance. Theyâre different segments with different customers. Yes they have some overlap but also significant differences.
Iâm comparing vehicles in the same sticker price range. Both Mercedes Iâm talking about had stickers of $45k or so. Yes, a good portion of that is you are paying for the badge, no doubt about it. But that doesnât make it inherently cheaper to lease. People DO pay for the badge, and dealers DO charge for the badge.
Iâm calling it a stripped down Stinger because it is. Yes, it has a bigger engine than the actual base model. But thatâs the main difference youâre paying the extra money for over the base Stinger. It doesnât have all the bells and whistles the GT1 and GT2 have or even the premium time 2.0L. https://www.kia.com/us/en/build/stinger/2019/trims?trim=123&model=802 Compare it to the GT1 and GT2, and youâll see all that it is missing. The GT1 and GT2 are very well-equipped cars for the price. OPâs stinger isnât a GT1 or GT2âthose start at $45k.
The $2000 or $2500 DAS that some pay includes the first monthâs payment. You also made the first monthâs payment. Bottom line is that a number of people on the forum are paying as much for their 340i as you are paying for your Stinger.
I mean, hereâs a 24/10k deal on a $57k 340i for way less than $400 a month, even after the DAS is factored in. Thatâs an excellent, excellent deal.
Hereâs the problem. Kia Stingers donât lease well to begin with (low residuals, high MFs), and you probably could have gotten a significantly lower selling price if you ground it out more.
its Less than 500 because of the das, not following you.
The base gt has lots of options, like leather, heated seats, backup cam, etc⌠itâs not a stripped down car as you say.
2018 340i is like finding a needle in a haystack. Arenât they all pretty much depleted?
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Not sure what is complicated. $1500 DAS includes 1st monthâs payment. Eliminating that (so we can compare apples to apples, since you also made 1st monthâs payment at drive off), itâs $1100 DAS. $1100 / 24 months is an extra $46. Heâs paying $333 a month, plus an extra $46 when you factor in the other things you didnât pay at drive off. Thatâs way less than $400 still.
Literally, he posted this yesterday.
I found this in about three minutes. Thereâs about 4 more xDrive 340i loaners with less than 5k miles (meaning eligible for all incentives and standard lease residuals) but I got tired of copy-pasting. This is just in California without looking too hard.
I appreciate your efforts, but your comparing pre-owned leases that are 2018 models, and very low in inventory. Of course you would get a great discount. but thats not a good comparison to what I bought.
As always this thread turn into back and forth Accord discussion.
After signing a lease there is no point to ask how well you did. 99% of the time it turns into argument why OP did well while everyone else saying it could have been better.
OP, Read up more, spend more time here and next time around you will know if itâs worth repeating this deal or not.
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@genesis think you made your point a long time ago. No need to be so repetitive
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As someone whoâs had the Stinger GT⌠itâs a base car. The only thing it has over the base 2.0T is engine, LED headlights, and 9-speaker base stereo system.
I also donât agree with your proposition that itâs easier to do <1% on mass market base cars. If you spend any kind of time here on LH, youâll know thatâs not true. By and large, the majority of the sub-1% cars are luxury cars that are heavily subsidized by the bank or manufacturer with high dealer discounts.
The majority of mass market cars on here are seen from 1.3 to 1.8%. There was just one guy on here saying the best offer he was able to get on a Kia Optima EX was 400 a month with 1,4k down. Itâs a 30k dollar carâŚ
This is absolutely a value proposition and the reason Kia is loading these cars of with lease cash is to counter low residuals and high money factors to convince buyers to cross shop their car from Audi A5âs and BMW 430 GC. The general dealer experience is kind of ruining that, though.
You generally got an average lease deal as per value. You got a good Stinger GT deal as per other GT deals, go. Though, I have been seeing GT1âs and some GTâs go for low 500âs.
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$438 on a 2018 Stinger GT2 AWD, leased October 2018.
First payment and taxes DAS. MSRP $52,650, rebates and discounts $36,500-ish.
$500 isnât bad, these cars do not lease wellâŚmine was a unicorn deal. It had trunk cash on it for some reason. 11 miles on the ODO
Enjoy the Stinger, great car. I love mine!
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A bit irrelevant info being 6 months old data since that time a lot of parameters on a lease have changed - RV, MF, Rebates. Plus not the same state/region.
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I understand that bit. The rebates are very similar and MF/RV are still garbage.
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That is true on low RV and High MF. Perfect combination for hacking a lease (not)
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I donât understand why people ask questions they donât want answered honestly. Itâs not a good deal. Itâs not horrible either. Buy why ask and then argue with people about it? Itâs a pattern here.
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I truly believe, mine was a 1 off deal. I have not seen any good Stinger leases. I mean, not jaw dropping bad but not anywhere near a âwow, $110K car for $699???â good
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Short answer? Pride and validation.
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