To roll over or not?

Ask the Hackrs
1

Hello, almost closing in on what I think is a good deal for a 2018 kia optima LX (base nothing added) and had a question about rolling everything over to monthly payments. I’m looking to lease it for 24months with .00197 MF

I read one post where someone was being offered with practically 0% interest and people suggested rolling everything over because of it.

Since this MF is kinda high would you guys suggest rolling everything over to monthly payments? just some stuff? let me know what your opinion is.

Thanks

2

I think you answered your own question.
If you have to pay the interest on the fees and otherwise can afford to put it down, why wouldn’t you?
See if you can do one pay and what will the interest and payment be then.

3

Do you mind explaining what one pay is? You can PM if you want =)

Thanks

4

As in most cases it’s better to explain in the thread so every new person can learn instead of PMing.
You ask the dealer if they will lower the MF in event you combine all the monthly payments and pay them upfront.
You can also learn about the instances of such on this very forum:
One pay

5

Not sure why a new thread is necessary. People had already answered you in your old one

6

Ok I got it. Well I just calculated real quick and if I did 0 drive off with tax my monthly payments would be 270. If I did one pay for 24month lease that would be a lot of money to put up front and i don’t think I’d be comfortable with that since my line of work varies during winter/summer.

7

Not sure why you’re sticking with Kia. People in your area lease BMW or MB loaners for less than your base optima. If you’re going to get a Kia these days, buy it for the warranty and drive it until engine blows up

8

a BMW leasing less with 0 down? Do you have a link to the post

9

Go to Marketplace, deals like that pop up daily.

10

I am a little confused. If your line of work does not provide a steady income and you can afford the one pay now, why would you want to risk not having the money for payment later on?
It’s obviously your money and your decision, but it has to make a financial sense.
As far as:
“a BMW leasing less with 0 down? Do you have a link to the post”
nothing is leasing with a true zero driveoff, it’s you are paying it now or later and search is your friend regardless.

11

I can do the one pay but I choose not to and I can afford just doing the regular lease too. However, If I do the one pay then I’d have to keep an eye on my money more closely.

I’d just probably feel comfortable doing a normal lease I think. If something happens (totaled or stolen) then it seems like the one pay option screws you a bit. Maybe I’m wrong.

1 Like
12

But I do appreciate your comments and explanation of it. Perhaps I’ll think about it for my next lease, unless I can buy a Tesla in about 2 years #cryptocurrency =P.