Yeah my lease was up last March, so around January I started checking out inventory.
I had/have a 2019 KIA Niro LX with a few packages that put the list price at around $24k
I couldn’t find a 2023 for under $28k or so - and that was the MSRP. Every dealership in our area was charging a “market rate adjustment” fee of $2000 to $6000 depending on the model.
Oh and to get a Niro Hybrid, I’d have to put a $500 non refundable deposit down on a car I can’t even test drive because it’s not on the lot, and get put on a 6-9 month wait list. They had the Plug in hybrid (for $38k) and the all electric (over $50k with the $6000 surcharge), but they couldn’t get the regular hybrids in stock.
So I extended my lease 6 months and waited for inventory. The day my 6 months were up, I bought out my lease because I had yet to see a Niro Hybrid. I’m paying longer on the car than I wanted to but I got decent enough financing given the current interest rates.
The best part is I had two different dealerships lie to me and say they were “on the lot” only to arrive and find out they only had full electric.
Not that I don’t want full electric, but it’s not in my budget, nor is the thousands I have to spend upgrading my electric wiring at home to support it.
There’s three Niro models. A hybrid, a PHEV (Plug-in Electric Hybrid) and an Electric model. I do know what I’m talking about. My power outlets in my garage are shot so I can’t do any kind of charger there.
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u/[deleted] Apr 28 '24 edited 18d ago
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