Good lease deal south cal?

[Kaczordon]

Ev soul +
Caribbean blue/white top

MSRP 36800
32,648 invoice
13,341 residual
595 acquisition fee
328 dmv fee
80 doc fee
1,048 cap reduction tax(not sure what this is)
Cap reduced price
34,699 -7,500 federal rebate - 6,000 KMF rebate

261.99 per month including tax / 0 down
Is this a good deal?

Just trying to get a feel for what else is out there.

 

[jetsurgn]

Did you end up buying, if so where?
Thanks!

 

[Kaczordon]

Yeah I ended up getting a lease for $265.98 a month, with the first month payment rolled into that. Residual was $13,341. 36 months at 12,000 miles. I got this deal at Kia of Downtown.

 

[Pinniped]

Without knowing what your drive-off fees were it is hard to say how good a deal it is. From your figures, i am guessing drive off was only about $1000, which is low. in that case your monthly lease payment seems reasonable, but not a super deal.

Here in NorCal, with a drive off of about 2500, a typical lease for a mid-level Soul EV (not a +) is about $190. I suppose for your top of the line one it is more like $220.

Your residual is about $2k lower than mine, so if you end up buying the car, then it is a pretty good deal...

 

[Kaczordon]

Drive off fees were rolled into the $265 payments as well, I didn't pay anything to drive it off the lot. It seems like the residual was lower as banks are valuing them worth less now with the 2017 models coming soon.

 

[jetsurgn]

Congratulations on your Soul EV +
So your total cost to lease is
36 x 265.98 = 9575.28
Subtract CA rebate 2500
Total cost to lease is 7075.28

Sounds like a great deal to me. And thanks for posting! I look forward to hearing about your experiences.
Photos?