Kia Is Practically Giving Away Stingers

[DesertStinger]

Wow congrats! Never met anyone that's actually won a car.

The escape got the boot. My wife wants to keep it for the kids but more than a year before the first one can drive. Guess it's a good idea because I sure don't want a permit driver behind the wheel of my car

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[turboit]

Dealer in the town where my daughter plays soccer was giving a stinger away. Free to enter one per day. So literally they gave one away to me last week. Now I have a 19 GT1 and an 18 GT2. So yes at least in my case one of them was given away

I need to start taking those contests more seriously now lol

 

[SpaceGhost]

I need to start taking those contests more seriously now lol

It was the dealership where I bought the red 19 GT1 in March. While we were waiting for the salesman my wife noticed the black one because it had red seats and the salesman said they were giving it away one entry per day for free. My daughter's soccer club field is a 5 minute walk away so every Mon-Thur while she was at practice and some Sunday's before home games I'd walk over and put in an entry. Roughly around 40 of them. I never expected to win but figured if I lose then it didn't cost me anything.

The black one is a 2018 GT2. It had never been sold to anyone but it had a 1,000 miles on it. They said the prize was worth 39K which seemed pretty fair. The sticker was 51,500.

But the taxes suck 6.25% state sales, 6% state income tax and 24% federal income tax totals 14,137.50. The federal is an estimate of what bracket this income will fall in.

 

[SpaceGhost]

Oh yeah I'm going to get an excise tax bill from my town too. The Stinger I bought in March was $850 so yeah more tax.

 

[PatriotOne]

Just picked up a 2019 GT2, 14k off MSRP.

That's a smoking deal, where are you located?

 

[SpaceGhost]

That's a smoking deal, where are you located?

Think about it. Even if you factor in 3K competitive cash back 2,500 financing and there's some kind of military discount I think 500 from Kia that means the dealer is taking like 8K off MSRP which means they're losing money on a vehicle which is still a current year vehicle. If it were an 18 with 500 test drive miles that would be easier to believe. Maybe that's the answer. Could have hundreds of test drive miles or damaged in delivery

 

[SpaceGhost]

In fact I just took a look and at least in my zip the discounts from kia aren't as good as they were when I bought in March. The current offers are 2K competitive cash back which means you are trading in which means it's very hard to say what you are actually paying for the Stinger, 0% financing (no cash alternative) and 400 military.

I had gone to carmax to get a quote on my used car so when I think about what I paid for the Stinger I'm assuming the carmax quote was the value of my trade.

I guess it could be that Kia is giving the dealers money back when they sell a car. That would explain the huge discount on a current year model. Only way to explain it other than miles or damaged. If that's true then I would expect the Stinger to be discontinued. That's what usually happens

 

[smilemkr]

In fact I just took a look and at least in my zip the discounts from kia aren't as good as they were when I bought in March. The current offers are 2K competitive cash back which means you are trading in which means it's very hard to say what you are actually paying for the Stinger,

The competitive cash does not require you trade in that car. Just own it.

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[SpaceGhost]

The competitive cash does not require you trade in that car. Just own it.

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Yeah that was dumb of me because I didn't get the 3K cash back on my 2019 because of the Mini I traded in. It was because my wife has a Ford Escape. I forgot about that they took a copy of her reg. BTW have you guys see the list of cars. It's just a random list of cars. Why wouldn't you just say any car that's not a Kia is a competitor.

 

[IndyStinger]

I am 12 months into a 36-month lease on my '18 2.0T Premium. I wanted the GT2 but financially I just couldn't make it work at the time. I'm in a much better position now and I would like to see about trading it in for a GT2. Does that make sense at this time? How would I even go about doing that? I've always finished off my leases so this is new territory for me. I haven't even hit 10k miles yet and the car is in pristine condition.

 

[spider55]

I am 12 months into a 36-month lease on my '18 2.0T Premium. I wanted the GT2 but financially I just couldn't make it work at the time. I'm in a much better position now and I would like to see about trading it in for a GT2. Does that make sense at this time? How would I even go about doing that? I've always finished off my leases so this is new territory for me. I haven't even hit 10k miles yet and the car is in pristine condition.

Unfortunately your not going to be able to trade it in, you're way to early on the lease. You should wait until you have about 3 to 6 months left on your lease then go back in to the dealership. If you trade it in early they will tac on the remainder of your lease to what ever you buy so if you have 24 months left and your payment is 550.00 dollar they would tac on 13,200.00 to the price of the GT2. I traded in my Optima SX on January 10 2019 for my Stinger GT1 and the Optima was a lease. It was a 4 year lease an I had 9 months left on my lease, I wasn't in the dealer to buy a car they threw a deal together I couldn't refuse, but the car only had 20,000 miles on it and the car had equity in it so they payed off the remainder of my lease and put the equity towards the car.

 

[SpaceGhost]

I am 12 months into a 36-month lease on my '18 2.0T Premium. I wanted the GT2 but financially I just couldn't make it work at the time. I'm in a much better position now and I would like to see about trading it in for a GT2. Does that make sense at this time? How would I even go about doing that? I've always finished off my leases so this is new territory for me. I haven't even hit 10k miles yet and the car is in pristine condition.

I have a GT1 and a GT2. To tell you the truth I prefer the leather in the GT1. I prefer the normal shifter which means you can put it in manual mode and it stays in manual mode. The HUD seems cool at first but you can't see it when you have sunglasses on. I mean it disappears completely.

So to me GT1 to GT2 not worth it at all. Now GT what are you missing? The adaptive suspension feels like it does nothing to me. I don't notice much of a difference between the ride comfort to sport. The cooled seats are okay but I could live without that. I like the sunroof, but for the price difference I could live without it. At least you have no worries about developing a squeak like a lot of the Stingers do or leaking when the car gets older.

I wouldn't bother I went to GT1 only for the adaptive suspension but IMOP it's a let down

 

[jasonvt]

Unfortunately your not going to be able to trade it in, you're way to early on the lease. You should wait until you have about 3 to 6 months left on your lease then go back in to the dealership. If you trade it in early they will tac on the remainder of your lease to what ever you buy so if you have 24 months left and your payment is 550.00 dollar they would tac on 13,200.00 to the price of the GT2. I traded in my Optima SX on January 10 2019 for my Stinger GT1 and the Optima was a lease. It was a 4 year lease an I had 9 months left on my lease, I wasn't in the dealer to buy a car they threw a deal together I couldn't refuse, but the car only had 20,000 miles on it and the car had equity in it so they payed off the remainder of my lease and put the equity towards the car.

No. They’d essentially buy the lease out so the remainder of the payments plus residual. They’d assign a trade in value and either add the negative equity to the new lease or subtract the positive equity from the new lease.


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[spider55]

No. They’d essentially buy the lease out so the remainder of the payments plus residual. They’d assign a trade in value and either add the negative equity to the new lease or subtract the positive equity from the new lease.

The dealer payed mine off, I called Kia finance an talk to them about trading in my optima back in January, they told me if I trade the car in way early what ever is left on the lease will be added to your next one. If the dealer pays it off then that's on the dealership, I had two leases, one lease was up in March and the other in October. The dealer wanted both of them because they looked brand new an low miles.

I'm just going of what Kia Finance told me. I know about trade in value an negative equity and positive equity, I've been buying car for many years but I've only been leasing since 2015 "3 car" so im still new to the leasing game.

 

[jasonvt]

The dealer payed mine off, I called Kia finance an talk to them about trading in my optima back in January, they told me if I trade the car in way early what ever is left on the lease will be added to your next one. If the dealer pays it off then that's on the dealership, I had two leases, one lease was up in March and the other in October. The dealer wanted both of them because they looked brand new an low miles.

I'm just going of what Kia Finance told me. I know about trade in value an negative equity and positive equity, I've been buying car for many years but I've only been leasing since 2015 "3 car" so im still new to the leasing game.

I sold a 2005 gti to a dealership less than a year into the lease. The payoff plus residual was pretty much trade in value so I just gave it to them and got out of the rest of my payments.


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[spider55]

Again it depends on the dealership, some will not deal like that. You got a great deal.

 

[oryo]

9k off? Where do you find these deals??

I'm in the market for a stinger, looking for used/cpo, but for these discounts I'd be willing to buy new... If anyone sees a good promo for '19 GT1/2 and would like to share - please do!

 

[spider55]

Welcome, you would be better off buying new, you can get a better deal with new...You just have to search for to find the deals....

 

[Gr8ful]

I am new here and just drove home a White GT2. Sold to me for $40k. MSRP $52250. That was offered without haggling. An amazing car for an amazping price. Very happy with the gray interior. Very hard to find.
IMHO

 

[spider55]

Welcome aboard & congratulations @Gr8ful, post some pictures...