Yes I know EV9s are not great leases, but I have some specific things I’m looking for that it just fits the bill the best. I think I’ve pushed the dealer almost to as far as they can go (for now) but wanted to check as there are a few fees in there I don’t understand (and might be california specific).
GT Line
MSRP 78,925
Disposition Fee 400 Buyout Option Fee 300 - IS THIS LEGIT
Initial Cap Cost 78,888 - guess they figured I’m asian so they took off another 43 bucks
Bank Acq Fee 650
Accessories 695 - I am getting this taken out (lojack)
Rebate 7500 - current incentive
Adj Cap Cost 72,343
Cash Cap Reduction 389 - I don’t know what this is
Total Cap Reduction 7,889
MF - .00241 - this is the current rate
Residual 45,776 - current residual License fee 858 - IS THIS LEGIT Doc and wear care 85 - IS THIS LEGIT Elec DMV fee 33 - IS THIS LEGIT
Total cost is 1,119 after taxes, will be 1,096 if i take out the lojack and the buyout
yup the calculator works. I was just only expecting acquisition fee and disposition fee (given that’s what the calculator defaults to) and wasn’t sure about the 300 buyout and all the CA registration/elec/doc and wear fees.
Why wouldn’t you take the car if it had lojack? I was just going to get the fee taken not…dont think they are actually going to take whatever it is out.
Plenty of CA signed deals here to compare to, if you search Shared Deals.
It doesn’t come from the factory with lojack, it’s installed at the dealer by a third party. One of the installation method splices into existing wiring. There is no scenario where I’d pay $40k to rent a Kia where a bro who still smelled like last night’s hard seltzer spliced into the factory wiring.
All assuming I would sign this deal, which I wouldn’t. But the heart wants what it wants.
No, you cannot say that. You are causing real harm here. You are harming everyone on the selling side.
Think of the poor dealer. How can he put a roof over his kids’s heads without this deal? Put food on their plate? Will they have shoes this winter, let alone coats, unless someone pays $1,000+ a month for a Kia EV?
So they’re basically selling this at MSRP with some fees baked in.
I wouldn’t even bother plugging this into the calculator. This isn’t even a reasonable starting point to begin negotiating.
Look at some other dealers and plug quotes into the calculator. Do some research to figure out what % discount you should be aiming for, and what a reasonable monthly is for this vehicle. Maybe I’m the crazy one but I can’t imagine a Kia should be selling at MSRP right now.
This Kia leases better than a Tahoe. It’s also faster and cheaper to operate. It’s not an EV thing, it’s a segment thing. Why isn’t GM taking heat? Because we have accepted the premium for a GM 3-row SUV.
maybe we should close this thread down. got the answer i’m looking for and rest is just flaming on KIAs. As a model X owner I’d rather get (or try) this EV9 at this price and I’ve done all my research prior.
Don’t worry, max_g will continue to speak ill and mock anyone who leases an EV9, EX90, Tahoe, or XT6, or Highlander, or TX, or GLE, or A7, or pretty much anything. Because in his eyes leasing doesn’t build equity.
Since we don’t really have accurate resale values on evs leasing seems like the smart play. Look what happened to people that bought Tesla. I’m seeing some insane neg equity. At least with a lease you can throw the keys back.
This site has a flame-problem precipitated by max_g and other regulars. They frequently go into threads like yours and tell people how dumb it is to lease. Which is nuts considering this is a site meant for discussing leases.
Look at this thread. The poster was literally thinking he’d get flamed even when me made a post. Basically LH’s mantra is to flame people for wanting to be in a lease.
Regardless of this aggressively flame-bait culture honed by max_g… I think the EV9 is worth leasing. If you take a moderate viewpoint of the feedback, the car is pretty good, but it’s probably overpriced due to how fresh it is. Naturally waiting may not be in the cards for you.
I completely agree with you, I think leasing an EV is the way to go. I advise people this as well outside of LH.
But that doesn’t mean the only cars worth leasing are EVs. ICE may not lease as well as EV but there are some good ICE deals raised for discussion on this site that get immediately shut down because users are often flamed for discussing ICE leases.
Some people like the freshness of new rides every 3 years. Leasing is for them even if it costs a more today than it did 3 years ago. But if you listen to the LH mantra of the “trusted” clique, leasing ICE is dumb-as-rocks behavior right now.
And resale values in 3 years aren’t going to be the same as they were the last couple years. If people had a crystal ball no one would have leased. But none of us were ever getting equity before…
There will be a return to norm where cars again depreciate 50% over 4 years. I can’t wait as this market is still insane
