Signed 20190530
I cant get the calculator to line up perfectly but it is pretty close. I only put down the first month payment so it was not a true sign and drive. Hopefully the data point will help someone. I’m sure I could have pushed for more of a discount but the MF was great so I jumped on it. Very happy with the car so far.
**MSRP: $54015
**Selling Price: $50000
**Monthly Payment: $492.79 After Tax / 454.18 Pre-Tax (8.5% Florida)
**Cash Due at Signing: $492.79 (First month payment
**MSD: None, Not offered
**Incentives: 9100 (8600 factory and 500 military)
**Months: 36 Months
**Annual Mileage: 12,000
**MF: 0.0002 This is not a typo.
**Residual: 50% YIKES!
**Region: Maryland but registered in Florida (Active Duty Military)
**Leasehackr Score: 10.3 Years
Is the finance company someone other than Kia Motor Finance? The MF is something ridiculous like .00208 for 36 months in Ohio, but I think the res is 52%. I have a K900 that I’m turning in and was thinking about a GT2, but I I think I’ll go with a Telluride since the Palisade is shipping now so Kia will have to start with some bargaining. That, and I just got a 540iX demo, and my wife wants something bigger than her X1 now.
The dealers that I could get to actually give me a MF over phone/email all quoted MFs in the range of .00207. This was the only dealer to quote substantially lower.
I just looked, KMF’s official current incentives for 36/12k number across the US is .002, and 48% res, with $7,700 for incentive, active duty adds $400.
If a dealer put that on a contract, sign immediately, if not, they’ll fix it before they finalize it, adding at least $100/mo to it.