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2014 Kia Sorento Lease Questions

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  • MichaellMichaell ColoradoPosts: 7,384
    nomad317 said:

    Looking for September MF/Residual on EX AWD w/ Touring Pkg. 36mo/12k. Also any lease incentives 2015 and/or 2014. Thanks.

    What state? We only have partial Kia information for September.

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  • Whoops. Indiana, sorry.
  • MichaellMichaell ColoradoPosts: 7,384
    edited September 12
    Michaell said:

    nomad317 said:

    Looking for September MF/Residual on EX AWD w/ Touring Pkg. 36mo/12k. Also any lease incentives 2015 and/or 2014. Thanks. Indiana

    What state? We only have partial Kia information for September.
    2015 - .00071 and 56%. $2000 lease cash.

    2014 - .00071 and 51%. $4000 lease cash.

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  • kyfdxkyfdx Posts: 30,545
    nomad317 said:

    Looking for September MF/Residual on EX AWD w/ Touring Pkg. 36mo/12k. Also any lease incentives 2015 and/or 2014. Thanks.

    2014: .00071 MF and 51% residual. $4000 lease cash.

    2015: .00071 MF and 56% residual. $2000 lease cash

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  • nomad317nomad317 Posts: 40
    Are November numbers (MF/Residual/Lease cash) on EX AWD w/ Touring Pkg. 36mo/12k the same as September? Thanks.
  • MichaellMichaell ColoradoPosts: 7,384
    edited November 14
    nomad317 said:

    Are November numbers (MF/Residual/Lease cash) on EX AWD w/ Touring Pkg. 36mo/12k the same as September? Thanks.

    I don't have September numbers to compare with.

    From your other post, I see you are in Indiana. 36/12 for 2014 Sorento EX AWD are .00050 and 50%. $4000 lease cash.

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  • Do you have numbers for NJ?

    Looking at LX or EX with 3rd row. 12k per year.
  • kyfdxkyfdx Posts: 30,545

    Do you have numbers for NJ?

    Looking at LX or EX with 3rd row. 12k per year.


    FWD or AWD?

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  • MichaellMichaell ColoradoPosts: 7,384

    Do you have numbers for NJ?

    Looking at LX or EX AWD with 3rd row. 12k per year.

    LX V6 AWD - .00039 and 52% for 36/12. $3500 lease cash.

    EX V6 AWD - .00028 and 50% for 36/12. $4000 lease cash.

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  • Thank you!

    Is that for the 2014 model only?

  • MichaellMichaell ColoradoPosts: 7,384
    edited November 16

    Thank you!

    Is that for the 2014 model only?

    Yes.

    2015 LX V6 AWD - .00074 and 56%. $2500 lease cash.

    2015 EX V6 AWD - .00061 and 55%. $2500 lease cash.

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  • nomad317nomad317 Posts: 40
    edited November 19
    Hopefully my last Sorento inquiry... I checked the incentives/rebates here on the 2015 Sorento AWD for my zip code (Indiana) and it states for lease cash:
    LX: 24 mo = $3,500; 36 mo = $2,500
    EX: 24 mo = $3,500; 36 mo = $2,500
    SX: 24 mo = $4,500; 36 mo = $2,500
    Limited: 24 mo = $6,000; 36 mo = $3,500
    Assuming that is accurate can I please have the Residual/MF for each lease (24/36)? 12k (prefer 10k if they do those) Thanks a million!!!
  • kyfdxkyfdx Posts: 30,545
    nomad317 said:

    Hopefully my last Sorento inquiry... I checked the incentives/rebates here on the 2015 Sorento AWD for my zip code (Indiana) and it states for lease cash:
    LX: 24 mo = $3,500; 36 mo = $2,500
    EX: 24 mo = $3,500; 36 mo = $2,500
    SX: 24 mo = $4,500; 36 mo = $2,500
    Limited: 24 mo = $6,000; 36 mo = $3,500
    Assuming that is accurate can I please have the Residual/MF for each lease (24/36)? 12k (prefer 10k if they do those) Thanks a million!!!

    6-cylinder numbers.. 12K/yr lease

    LX: 24 mo = $3,000; 36 mo = $2,500
    .00048 MF and 61% residual
    .00097 MF and 56% residual

    EX: 24 mo = $3,500; 36 mo = $2,500
    .00057 MF and 60% residual
    .00081 MF and 55% residual

    SX: 24 mo = $4,500; 36 mo = $2,500
    .00050 MF and 58% residual
    .00033 MF and 53% residual

    Limited: 24 mo = $6,000; 36 mo = $3,500
    .00074 MF and 56% residual
    .00033 MF and 51% residual

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  • nomad317nomad317 Posts: 40
    Good ol' "Bait & Switch"... Still illegal and still alive and well.
    I try to get everything in "writing" (email) before I venture to a dealership.
    A KIA dealership about an hour away had quoted me $4,000 below MSRP on a 2014 Sorento SX before any rebates, etc. Upon receiving the quote via email, I requested the residual and money factor (assuming 720+ credit) for that vehicle on a 36mo/12k lease. Shortly thereafter I received the information. Later that afternoon, I made the journey to the dealership to look at the vehicle, start the paperwork, get trade-in value, etc. Once the manager found out I was asking about the $5,000 lease rebate, he suddenly flipped everything. At 1st he said purchasing that vehicle would be cheaper (I had already crunched all numbers every which way). I told them I wasn't interested in purchasing the 2014 because of the rebates on leasing. After he returned from his magic computer behind the high-rise, manager's only desk, he stated that the specific vehicle I wanted could not be leased. "Why not?" I asked. "It's a 'demo'." (They had another term for it which I do not recall. Essentially when the managers drive an in stock vehicle around for personal use.) I then asked how a demo vehicle only has 9 miles on it? After his lame explanation he said he has the exact same model and trim but it's a 2015. I kindly declined since the rebates are nowhere near those on the 2014. He stated he had several other 2014 Sorentos. I said one of those may work. He excused himself and went back to the magic PC and returned with 2 printed sheets with 2 different vehicles. After glancing at them, I pointed out to him that both were 2015's. He said "all my 2014's are 'demos' and can't be leased." After hours of back and forth it was obvious that they would not lease a 2014 to me but were more than happy to lease any 2015 they had... And they wonder why people dread dealing with dealerships.
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