Do you plan to Finance or Lease the Kia Stinger?

[Kia Stinger News]

Please vote and let us know if you plan to Finance or Lease the Kia Stinger?

 

[DigDug]

I voted finance, intend to keep this car for a long time.

 

[mjsteelega]

I am likely to Lease

 

[KiaFan]

I am likely to Lease

Hi [MENTION=238]mjsteelega[/MENTION], do you know what the lease terms are yet?

 

[TurboTx]

I voted lease also; hoping for a 3/12k, since I don't drive much anymore.

If the lease numbers stink, I'll whip out the blank check from my credit union and just finance the thing instead.

 

[ghedoicy]

I hope there are some semi decent lease offers available.

-Matt

 

[DigDug]

For those that are leasing, have you guys ever purchased or consider purchasing at the end of the lease term?

 

[ghedoicy]

For those that are leasing, have you guys ever purchased or consider purchasing at the end of the lease term?

I leased the first MY of the Q50 in 2013. It was a 2014 and they had the residual all messed up as it was brand new. So not worth it for me at the end of the 39 months. They wanted $26k and it was worth like $22k. That may happen here again...

The beauty of the lease is turning in the keys and getting the next new toy, for me at least.

-Matt

 

[DigDug]

They wanted $26k and it was worth like $22k. That may happen here again...



-Matt

I can see the residual value on the Kia Stinger being well above market as well.

 

[bikerdude]

how do you determine what the car is worth at any givin time to compare to the residule amount

 

[ghedoicy]

how do you determine what the car is worth at any givin time to compare to the residule amount

You have to wait for them to start coming back and being sold as used.

-Matt

 

[mldavis2]

Actually I will make one finance payment and then pay off the entire car in order to get the rebate allowance. So really it's a cash payment begun as a finance. It really bothers me that a cash sale doesn't qualify for the "lease cash."

 

[bikerdude]

i was told you had to make 4 payments

 

[ghedoicy]

i was told you had to make 4 payments

Not true.

-Matt

Sent from my SM-N950U using Tapatalk

 

[bikerdude]

I was told by the dealership loan office that I had to make 4 months or I would lose part of the lease cash. so how many do you have to make

 

[ghedoicy]

I was told by the dealership loan office that I had to make 4 months or I would lose part of the lease cash. so how many do you have to make

They are BSing you. Kia has no prepayment penalties... 1. A one pay lease is the term you'd use.

-Matt

Sent from my SM-N950U using Tapatalk

 

[GDI Guy]

I was told by the dealership loan office that I had to make 4 months or I would lose part of the lease cash. so how many do you have to make

Did you finance through Kia or a bank/lender via the dealer?

I financed through Kia and asked my dealer 3 times and was told there's no early pay-off penalty.

 

[bikerdude]

I did it though Kia, the dealership wants me to do the buy out though them, So they can make sure everything is done right. Like sales tax, and re register the car. I will be getting the money though my credit union

 

[ghedoicy]

Did you finance through Kia or a bank/lender via the dealer?

I financed through Kia and asked my dealer 3 times and was told there's no early pay-off penalty.

A lease (as far as I have ever seen) is always/only done through the brands financing.



Source: https://pfile.hcamerica.com/content...016-kmf-homepg-na-benefits_of_leasing-pdf.pdf

-Matt

 

[bikerdude]

I get a payment voucher from KMFUSA