Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





2013 and earlier Kia Sorento Lease Questions

124678

Comments

  • ashwenashwen Posts: 21
    edited July 2011
    CAR_MAN,
    Could you provide lease numbers for a 2012 Sorento SX on a 36 month 12k/yr lease? Is Kia providing any incentives on a 2012?

    Also, if possible could you provide the same for a 2012 EX V6 as well?

    Thanks for your help.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hello j_smith1. Kia Financial Services' July buy rate lease money factor and residual value for a 36 month lease of a 2012 Sorento SX AWD with 12,000 miles per year are .00138 and 52%, respectively for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    I'd be happy to brianf1997. Kia Financial Services' July buy rate lease money factor and residual value for a 36 month lease of a 2012 Sorento SX V6 AWD with 15,000 miles per year are .00138 and 51%, respectively for consumers who qualify for its top credit tier. Whether the vehicle is equipped with navigation should not have any impact upon its lease program.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    You're very welcome vegasq. Kia Motors Finance's July buy rate lease money factor and residual value for a 36 month lease of a 2012 Sorento EX 4-cylinder FWD with 15,000 miles per year are .00178 and 54%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical Sorento LX 4-cylinder FWD are .00103 and 53%.

    There's owner loyalty and conquest cash on this vehicle right now, but I don't believe that there's any cash on leases of it other than that.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Wow the Sorento's popular right now :). Here you go, ashwen. KMF's July buy rate lease money factor and residual value for a 36 month lease of a 2012 Sorento SX AWD with 15,000 miles per year are .00138 and 51%.

    The numbers for an otherwise identical lease of a 2012 EX V6 AWD are .00180 and 54%.

    The only cash that's available on leases of the Sorento right now is loyalty / conquest cash.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • ashwenashwen Posts: 21
    car_man,
    Thanks for the prompt response but I forgot to mention that I am looking for a 2012 SX FWD and not an AWD. :) Could you give me the numbers for a 2012 SX FWD as well for a 2012 EX V6 FWD?

    Thanks again.
  • vegasqvegasq Posts: 2
    Thanks Car_man!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    You're welcome ashwen.

    KMF's July buy rate lease money factor and residual value for a 36 month lease of a 2012 Sorento SX FWD with 15,000 miles per year are .00149 and 51%.

    The numbers for an otherwise identical lease of a 2012 EX V6 FWD are .00173 and 53%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    You're very welcome vegasq.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • brianf1997brianf1997 Posts: 22
    Just leased a 2012 SX with Sunroof, got it for $946 down (1st monthly, registration, etc.), $489/month including NJ taxes. MSRP was $37,150, negotiated price was $33,480 minus a $1k rebate ($32,480 total).

    Good deal? I hope so!!
  • akw8akw8 Posts: 3
    Can anyone tell me the current money factor and residual on sorento leases?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi akw8. These numbers vary by trim level, term, and mileage allowance. You never mentioned what any of these variables are, so for now I will have to make some assumptions. Let me know if you want something different.

    Kia Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2012 Sorento EX 4WD with 15,000 miles per year are .00178 and 54%, respectively for consumers who qualify for its top credit tier.

    When negotiating your lease on this vehicle, make sure to take advantage of the $1,000 cash incentive that is currently available on it.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • do you know the money factor and residual for the sorento EX, with the I4 engine and front wheel drive?

    Thanks.
  • Hi Car_man, I'm looking for a Sorrento EX V-6 FWD for 36 months. What are the numbers for 12K and 15K miles per year?
  • Greetings benji123. Kia Motors Finance's September buy rate lease money factor and residual value for a 36 month lease of a 2012 Sorento EX V6 FWD with 15,000 miles per year are .00125 and 52%, respectively for consumers who qualify for its top credit tier.

    The residual value for a lease with only 12,000 miles per year is 1% higher.

    When negotiating your deal on this truck, make sure to take advantage of the $1,000 cash incentive that is currently available on leases of it.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • spokanephilspokanephil Posts: 2
    edited November 2011
    Hi,

    I'm seeking the lease figures for a 39 month lease on a 2012 Sorento EX V6 AWD with the Premium Package. The transaction will take place in the state of Washington. The negotiated purchase price is $32,000.

    Please provide the requested info and any advice or comment on the deal. Also, please advise if a dealer can mark-up the money factor, or other components, of the lease.

    Thanks!
  • Hi spokanephil. Kia Financial Services' November buy rate lease money factor and residual value for a 36-month lease of a 2012 Sorento EX V6 AWD with 15,000 miles per year are .00206 and 54%, respectively for consumers who qualify for its top credit tier.

    Dealers are indeed often allowed to mark up money factors, though it is less likely that a Kia dealer would do so than a luxury brand dealer.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Car_Man - Looking at leasing a Kia Sorento EX AWD I-4 GDI. I read that the residual value on the GDI's are ~58% according to ALG press release back in May 2011. Do you have any info on what the current money factor and residual value is on this exact I-4 GDI AWD with 15K miles per year and what it might be with 18K miles per year?
  • Hello 614surf. Kia Financial Services' December buy rate lease money factor and residual value for a 39-month lease of a 2012 Sorento EX 4-cylinder AWD with 15,000 miles per year are .00201 and 54%, respectively for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi,

    Do you have the current lease details on a Sorento LX AWD for 39 months with 15000 miles a year?

    Thanks,

    Steve
Sign In or Register to comment.