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Kia Sportage Lease Questions

kyfdx@Edmundskyfdx@Edmunds Posts: 25,898
Ask your Sportage lease questions here!

Moderator - Prices Paid, Lease Questions, SUVs

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Comments

  • nom2nom2 Posts: 13
    I'm looking for November residual and MF on a 2011 Sportage EX for 36 months and 12k/year.

    Thanks,

    Louis
  • Hi Louis. Kia's November buy rate lease money factor and residual value for a 36 month lease of a 2011 Sportage EX 4WD with 12,000 miles per year are .00055 and 52%, respectively.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • nom2nom2 Posts: 13
    Carman,

    Can I have the same numbers for December?
    36 months, 12K miles, Sportage EX

    Thanks
  • nom2nom2 Posts: 13
    Carman,

    Forgot to mentions thats for a 2WD EX

    Thanks
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    edited January 2011
    Hello nom2. Kia's current buy rate lease money factor and residual value for a 36 month lease of a 2011 Sportage EX 2WD with 12,000 miles per year are .00065 and 54%, respectively.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Car_man,
    I am looking at both the sportage EX 2WD and LX 2WD to lease for 36 mo. at 15000 miles/year. Could you help me out with MF and residuals currently available.

    Thanks for your time.
  • Hi archmod. Kia's current buy rate lease money factor and residual value for a 36 month lease of a 2011 Sportage EX 2WD with 15,000 miles per year are .00065 and 53%, respectively.

    The numbers for an otherwise identical lease of a Sportage LX 2WD are .00104 and 59%.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • I am looking at the 2011 Sportage EX AWD to lease for 36 mo. at 15000 miles/year. Could you help me out with MF and residuals currently available?

    Thanks for your help
  • I certainly can, mnguy1. Kia's January buy rate lease money factor and residual value for a 36 month lease of a 2011 Sportage EX 4-cylinder AWD with 15,000 miles per year are .00212 and 48%, respectively.

    Car_man
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  • Hi, Car_Man:
    I am looking at lease of Sportage EX for 36 months at 15000 miles/yr.

    What would be the lease rate for March?

    Thank you.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi thenestcafe. Kia Motors Finance's March buy rate lease money factor and residual value for a 36 month lease of a 2011 Sportage EX 4WD with 15,000 miles per year are .00025 and 50%, respectively.

    Car_man
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  • ajpbf7ajpbf7 Posts: 63
    Hello Carman,

    Hope you are well. Could you please provide the MF and Residual for the 2011 Sportage SX(2.0T) FWD? I am looking at 36 months, 12k(10k if offered). Thanks very much!
  • Hi Carman,

    What's the 36 month lease MF and residual rates for a Sportage SX AWD w/ Navigation - 15K miles/year.
  • gt99speedgt99speed Posts: 3
    Hello,

    Could someone tell me the money factor Kia is using on their national Sportage program? Vehicle is a model 42222. MSRP of 20,990 including freight. Residual appears to be 57% and cap cost reduction is $1,895. There doesn't appear to be any dealer participation in this though. Am I correct that the national lease program is selling the vehicle at full sticker? Money factor looks to be about .0004. Let me know if my variables seem correct.

    Thanks,

    Jim
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi Jim. I believe that the vehicle that is featured in Kia's nationally advertised lease for the Sportage is the Sportage LX 4-cylinder 2WD. Kia Finance's June buy rate lease money factor and residual value for a 36 month lease of this truck with 12,000 miles per year are .00050 and 57%, respectively for consumers who qualify for its top credit tier.

    While I don't think that the selling price of the vehicle that is used in Kia's sample payment for this car is its full MSRP, it's probably close. I strongly suspect that you will be able to negotiate a lower selling price than the one that was used on the advertised vehicle.

    Car_man
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  • Looking to lease a Sportage SX AWD w/ Premium Package w/Leather Seats & Navigation. What is the money factor and residual for a 36 month lease w/ 15K miles a year? What would the ball park figure be on it out to assuming all taxes and fees are paid up front (Edmunds TMV is 30,594)?
  • Looking to lease a Sportage SX AWD w/ Premium Package w/Leather Seats & Navigation. What is the money factor and residual for a 36 month lease w/ 15K miles a year? What would the ball park figure be on it out to assuming all taxes and fees are paid up front (Edmunds TMV is 30,594)? I am located in Northeast PA.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi mike_in_nepa. Kia's June buy rate lease money factor and residual value for a 36 month lease of a 2011 Sportage SX AWD with 15,000 miles per year are .00042 and 48%, respectively.

    I'd be happy to work up a lease payment on this truck for you if you provide me with its full MSRP and selling price, or at least its MSRP and invoice price.

    Car_man
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  • Thanks Car_Man.

    Here are the numbers:

    MSRP: $32,490
    Invoice: $30,185
    Edmunds TMV: $30,594

    Again, thanks :)
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    You're welcome, mike_in_nepa. Let's crunch some numbers and see what we come up with. According to my calculations, if you were to lease a 2011 Sportage SX AWD that has an MSRP of $32,490 and a selling price of $30,685 through Kia Motors Finance for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $439.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
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