Pretty decent deal. Just for future leases, you can negotiate any advertised payment for the lowest amount DAS. Never a good idea to pay down payment to get lower monthly payment. Unless it’s MSDs.
Also, like others said, the purchase option fee is outrageous.
Rule of any car transaction, don’t let your guard down just because the “Deal is Good”.
It’s BS, but in Florida, you can’t buy out your car directly from the leasing company (KMF in this case). You have to go through a dealership. And this is the pre-agreed upon “dealer” fee that the dealership is going to charge if you want to buy out your lease. You can shop around and see what other dealerships will charge, and probably get lower than this, but it’ll still be pricey. It basically makes it so that there’s no point in buying out a lease in florida.
Oh these things seem like they could be a good value alternative to Corolla? - Just checked in SoCal and I’m getting around $200. I think they look quite good! Almost mini-Stinger-ish. Hard to believe you can now get an economy car from Kia that has a decent 200bhp, smart cruise and ventilated seats! What a world.
In general I agree. But for example, my wife’s car had a 36/12 lease, but she only ended up putting 15,000 miles on the thing. We loved the car and the residual is significantly lower than I can buy the same car from a used dealer. Plus, when it’s your lease you don’t have to worry about whether the car was taken care of properly. But after all the dealer fees, I decided it just wasn’t worth it.
hey I just got quoted on a 2021 kia forte gt-line does this sound like a good deal?
msrp: 21,750
MF: .00111 (2.6%)
residual: 59%
terms: 36 month/10k miles
money down: $3500
monthly payment: $189
money down includes first month payment, all dmv/fees, its the drive off cost
area code: 14625
Thank you
