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Find Kia Dealers in New York, New York

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New York, New York Kia Car Dealers

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New York, NY Kia Car Consumer Discussions

Kia does not offer leasing
by smulvey on Tue Jul 25 10:52:24 PDT 2006
dear carman- as far as I know , Kia Financial does not offer leases on the cars at all , at this time. At least in New York State. A problem with a Kia Lease is , like all leases, it is based on the residual value of the car. Presently , Kia does not want to get stuck like Mitsubishi did by selling or leasing a bunch of cars to crummy people that beat them to heck and then welch on the payments. Mitsubishi lost an amazing amount of money after the initial sales thrust they got going with the first " Fast and the Furious" movie. They lost over $ 4 BILLION dollars on bad loans/ leases. If the value of a used KIA ever amounts to something then leasing may become a possibility. right now the cars are still too new to the used car industry to command any predicable resale value. I have two Kias and am happy with them . But I know if I want to sell my 2002 Spectra I won't get much for it. But if I had bought a Honda Civic it would worth the value of Gold. There is the rub with leasing a newer brand opf car.
Re: Buying Soon [flipper24]
by drbenj on Fri Dec 23 08:13:39 PST 2005
I just closed a deal (in CT) on a Black 2005 EX, Luxury Pkg, ABS, Cargo Tray, First aid kit, Spoiler, Tow Hitch (I had them add in, TTL--> out the door at $23,550. They tried to nail me on financing thru their bank. I walked out, they called me back; told me they'd sell it at that price if I got my own financing which I did. After reading a ton on the internet these past few days, the lesson learned is NEVER finance thru the dealer. They're moaning that they're losing money on the deal, but I believe Kia is giving the dealers large incentives to get rid of 2005 stock.

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