KIA Sedona Van — Do NOT Buy. Fastest Depreciating Vehicle In The U.S., Per KIA No Less.
by Anura Guruge
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I am NOT making this up.
This is per KIA U.S.A.
They lease their other vehicles,
and we have a KIA Sportage (on lease),
BUT NOT the Sedona.
Why? Because you can only lease things that have a residual value at the end of the lease.
If a product is worth $0 at the end of the lease, the leasing company loses money.
Leasing is contingent on the product having a reasonable residual value at the end of the lease.
So by refusing to lease the Sedona KIA is telling YOU, very plainly, this van will not have any resale value after 3 years.
We don’t want to own it and have it back in our hands.
If you are stupid enough BUY it and then you can get rid of it for scrap at the end of 3 years.
Thank YOU KIA.
You stopped me from making an expensive mistake.