How is that even possible? You are saying that you had a 2012 Kia Sorento ( btw, I have same 2012 Sorento EX V6 with 30,220 miles on it with 3 payments left) which had 4 payments of $550 a month left on it which means you had $2200 which the dealer would have had to either work into the lease (roll it in to the lease) plus you got another 4k on the early lease termination, which means you got 6k for a 2012 Kia Sorento end the lease early, something doesn't sound right. Why or how would they give you 6k for a car which had 4 payments left on it? The residual value really has nothing to do with what your car is worth as far as the trade in goes because it would only apply if you were to trade in the car on termination and decided to buy it. What you probably meant is early lease termination payoff amount which anyone can get by calling their lessor and asking for a payoff quote which would be valid for 30 days or until you made another payment. The dealer I used actually tried to lowball me on my attempt at early trade in quoting me 16k for trade in. KBB low end for my vehicle with listed options was $19k -$21 high but I know that no dealer would pay off KBB's wholesale book but rather what the latest auction prices were fetching and they were coming in 1k under what they got guaranteed from their auction buyer is what I am guessing (also took it to a Chevy dealer the week before and they only wanted to give me 17k). Nevertheless, I turned it down as my payments on my Kia is only $300 per month lol. Btw, my lease early payoff quote was $17700, not sure why when the residual value at lease end is only 15.5k and I only have 3 payments left. If you had been paying $550 a month for roughly the same car as mine around the same amount of time, why is you residual value $21k + at lease end, lol, again not likely. Not sure what kid of special Kia you got but $550 + a month, wow. As the poster above also pointed out already, also, you can not get the rebate next week...per CCSE's website...if you apply for the rebate online after 3-28-14, you WILL get your rebate in September 2014, general information anyone can verify through their website at Centers for Sustainable Energy of CA. If you did indeed receive 4k credit from your trade in as you say, and you should have also received the 1k conquest bonus cash for total of 5k towards the cap reduction of your leased car. Your payment should be around $130 per month at most incld. tax., just saying.
I just got a 500E Argento yesterday with Esport pkg and Sunroof for $0 drive off, $251 a month incl. the tax with 15k miles a year. ( And yes, it includes first month payment and I also don't pay until a month from now) Only because I got the conquest bonus cash which I used towards the drive off which meant I paid nothing. I checked with 3 local dealers in my area and the one I went with actually honored the TV /Fiatusa corp. ad which was refreshing and they did not try to sell me a bunch of other stuff which I did not need. The other two actually wanted 2k total drive with all their BS (tax , title, destination blah blah, aka, I want to make another 1k off you fees.) If you don't have a current lease with another company, most likely the best deal you could get is $1k total drive off, $200 + tax, with 12k miles for the 500e with no options at all. Hope this helps someone out. If one dealer can honor their ad their is no reason why they all can't unless they are greedy, period. Each dealer gets around $1500 per every 500e they sell from Chrysler plus they have this rebate which goes towards your lease from Chrysler for $2500 right now, which makes your total drive off $1k. but most of the greedy ones want another 1k drive off if they think you will pay it.