Kia Spectra: Lease Questions

2 messages, Last post on Jul 25, 2006 at 9:52 AM

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What is this discussion about? Kia Spectra, Car Leasing, Sedan

#1 of 2 Kia Spectra: Lease Questions by Car_man HOST Jul 24, 2006 (3:00 am)
Hi everyone. Please use the following discussion to post any questions that you have about leasing a Hyundai Kia Spectra. Thanks. Car_man Host Prices Paid Forum
#2 of 2 Kia does not offer leasing by smulvey Jul 25, 2006 (9:52 am)
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.