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2013 and earlier Kia Soul Lease Questions

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Comments

  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi kstirtz. Kia Financial Services' June buy rate lease money factor and residual value for a 36-month lease of a 2013 Soul Base with an automatic transmission and 15,000 miles per year are .00100 and 52%.

    The numbers for an otherwise identical lease of a 2013 Soul Plus with an auto transmission are .00154 and 53%.

    Kia is currently providing a $1,500 cash incentive on leases of this vehicle.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • kstirtzkstirtz Posts: 2
    Thanks car_man!
  • desidondesidon Posts: 12
    edited June 2013
    Does kia offer a 24 month lease?

    Also can you please post July residuals and MF for soul plus with auto tranny.

    Anyone know when the 2014 be out?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're very welcome kstirtz.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi desidon. The shortest lease that I have seen on the Soul is 36-months. I can give you the info for that term if you'd like.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • desidondesidon Posts: 12
    Sure Carman...pls give me the July info for Soul for 36 months for 10K and 12K miles pls

    Thx in advance.
  • I know there's nothing much to be done now. Everytime I look at my 2013 Kia Soul I get nauseous thanks to my experience.

    Have Tier 1 credit, was being given $4900 for my trade in AND I put down $1000. Of course, excited to get rid of the trade in and get into a new car - I admit, my mother and I didnt fully read the contract. Big mistake, I know.

    Once home I realized the "agreed upon amount" of the car the finance guy put down was $1900 OVER sticker price!!! When I went in the next day to question this he said to me "Why does that bother you?" (WHAAT?!?) Talked to the manager who tried to smooth talk me and say that's because they couldn't show negative equity to the bank on my trade in. (again.. WHAT?!)

    Turns out on top of that - the finance guy stuck me with another $10 a month for GAP insurance.. He pushed this so hard - of course I didnt know at the time that gap insurance is automatically included in all Kia leases. I took my paperwork to another Kia who told me what they had done was illegal - he also pointed out that no where in my paperwork does it specifically say the extra $10 a month I'm paying is FOR gap insurance - which is another red flag ("notice they didnt document it?").

    I'm leasing for 3 years - $169 (with "gap") a month. I love the payment price but like I said I am sick to my stomach at the experience and what has been done. Does this sound fishy to anyone? When I called about the gap insurance - the "manager" said "Oh no he wouldn't charge you for gap insurance -- that was just uh.. probably protection for your down payment" (WHAT!?!?!??!)

    Just a horrible, horrible experience. :( Kia has told me to contact consumer affairs - which I definitely will be doing.
  • Hello Carman,

    Can you please post the October 2013 residuals value and money factor for Soul Base (LX) with auto trans. Looking right now at a lease deal of $167/per mo. 36 mo. 12,000mi/yr . $1999 due at signing.

    Also any incentives to watch out for this month .

    Thank you in advance.
  • kyfdxkyfdx Posts: 28,043
    Sorry... we didn't get the Kia numbers for October.

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • doc_vdoc_v Posts: 11
    edited February 3

    Just leased a 2014 Base Soul with auto. Residual was 63% and money factor of .00181, sale price of $16,313 plus tax, lic. etc. Price was through Costco buyers program. No other incentives were offered. Traded in a 2011 lease return with 15,800 miles. Got $11,300 on the trade in with a $10,500 payoff, so $800 toward new lease, plus $2k cash down. $201 monthly payments on 3 year lease with 36k mile.

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