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2013 and earlier Kia Soul Lease Questions
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Car_man
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Kia's June buy rate lease money factor and residual value for a 36 month lease of a 2010 Soul Sport with an automatic transmission and 15,000 miles per year are 00026 and 49%, respectively.
When negotiating your deal on this vehicle, make sure to take advantage of the $600 cash incentive that is currently available on leases of it and the $1,000 loyalty / conquest cash that is available on all deals.
Car_man
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Thank you!
When negotiating your deal on this vehicle, make sure to take advantage of the $750 cash incentive that is currently available on it.
Car_man
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Car_man
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Also any incentives to watch out for this month ?
thanks
Tony
Kia is currently providing a $750 cash incentive on leases of this vehicle.
Car_man
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I have worked out a deal already kia soul plus with no upgrades Trading in a 2007 kia rio 6100 they are giving me $4000 waht I owe on it then I pay just $196 a month out the door is this good?
It would be easier for me to evaluate this deal if you were to provide us with this vehicle's MSRP and selling price. This will show us how large a dealer discount you are being given.
Car_man
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Thanks!
Can you share your thoughts on the current KMA lease special? Is it a good deal?
2011 Soul+ AT
MSRP $17190 (incl. $695 freight)
$159/mo for 36 mos. @ 12K miles/yr
$1999 due at lease signing (incl. 1st mo. payment, $1245 cap cost reduction and $595 acquisition)
$7564 total lease payments
$9110.70 residual
A local MD dealer is doing the same lease for $10 less at $149/mo.
Thanks!
Car_man
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Car_man
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I had heard about the recent Soul lease special (on TV, and on Kia website) for $159/month and $1,995. When I went into the dealer, he scrawled the following deal on the back of his business card:
$3000 down
35x $189 plus tax
12K miles lease
Then, when I talked to him about a $2000 down deal later on in the day, he said that was going to be a $215/month payment for 36 months.
And he claimed my fax number didn't work, which is why he couldn't fax me the details. (ps, my fax is functioning, so that's BS)
While I was watching TV tonight, I again saw the $159 deal advertised, and looked it up again on the web. As far as I can tell, it's for the same car I had driven - the base model.
Am I being taken for a ride? Would love to know - I'm a female in my early 30s (and happen to be blonde), so hate the idea of being taken advantage of just because of my perceived ignorance. I have since emailed a different dealer in the area to see what his thoughts were on the advertised deal, but figured I'd pop on here and see what you all thought, since I won't hear from him until tomorrow.
Am I missing something? Shouldn't I get the advertised rate? I'm fine with the $1,995 down (I'll be trading in my ancient Lexus, so it's no cash out of my pocket).
Would love to know your thoughts!
Thanks!
I had heard about the recent Soul lease special (on TV, and on Kia website) for $159/month and $1,995. When I went into the dealer, he scrawled the following deal on the back of his business card:
$3000 down
35x $189 plus tax
12K miles lease
Then, when I talked to him about a $2000 down deal later on in the day, he said that was going to be a $215/month payment for 36 months.
And he claimed my fax number didn't work, which is why he couldn't fax me the details. (ps, my fax is functioning, so that's BS)
While I was watching TV tonight, I again saw the $159 deal advertised, and looked it up again on the web. As far as I can tell, it's for the same car I had driven - the base model.
Am I being taken for a ride? Would love to know - I'm a female in my early 30s (and happen to be blonde), so hate the idea of being taken advantage of just because of my perceived ignorance. I have since emailed a different dealer in the area to see what his thoughts were on the advertised deal, but figured I'd pop on here and see what you all thought, since I won't hear from him until tomorrow.
Am I missing something? Shouldn't I get the advertised rate? I'm fine with the $1,995 down (I'll be trading in my ancient Lexus, so it's no cash out of my pocket).
Would love to know your thoughts!
Thanks!
1. It's the Soul+ that qualifies for the $159 and $1,000.00 signing bonus I believe. The other models only qualify for the $1,000.00 signing bonus. So if you're looking at a base model (non + model) or a ! model that could be the problem.
2. Possible that his dealership is not participating in the deal. That could explain why he didn't show you to a + model when you asked about the deal. He may not be able to offer it at his dealership, and he certainly isn't going to point you towards a competitor.
You might check out the dealership website to see if they are advertising the special on the + model.
Also, the fax thing sounds bogus. Might consider not working with him at all, and finding another salesperson at that dealership if you decide to do business there.
3. Also check to see if your Lexus qualifies for the $750 Competitive Bonus cash. If you own certain makes/models you can get that $750 in addition to the $1,000 I believe.
4. It's always a good idea to shop around. Even on leases. Assuming all dealers come back with the same numbers, I'd bet there will be differences in how they value your trade.
Good luck. Let us know how it goes!
So, I talked to another dealer in the area, and he said that the ad was for an extremely base model - one that hardly exists anywhere. I guess most of the Souls that get delivered to the dealerships in our area (SF Bay Area) all come with various options, so this one that I was looking at yesterday probably had all kinds of fancy features.
BUT - the guy loses my business on the lack of professionalism alone. Every dealer I went to (Toyota, Honda, Mitsubishi) printed out the deal summary and sent me on my way with that and their card. This guy scrawled deal points on the back of his card and then when I asked for the fax, he said it didn't work. Today's different dealer from another town faxed it with no problem. So - that mystery is solved. My fax works fine.
The dealer in Colma (south of San Francisco) was able to offer me $1999 down (actually $2999 but Kia kicks in that $1000 bonus) and $173/month plus tax for a vehicle that has an MSRP of $18,138 and he's offering me the car at invoice cost of $17,300. Seems like a good deal, right?
So, thank you for your great advice and for taking the time to respond! This is my first time buying a new car from a dealer, and my first lease. AND, I have really nitpicky bosses (who will be paying for the lease), so I HAD to make sure all t's were crossed and i's dotted!
Now, we just have to see if BossMan goes for it...
Thanks!
Marissa
The 2011's, sub-$18k +'s were getting really scarce in my area this past week. This was one of, if not the last one, in my immediate area I believe. Feel comfortable with where we landed.
Thanks
Vehicles' residual values are based upon a percentage of their full MSRPs, including the MSRPs of any options that can be residualized and the destination charge.
Kia is providing a $1,500 cash incentive on leases of this vehicle in August.
These programs are scheduled to run through August 31st. It's difficult to say what its September programs will be like.
Car_man
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Could you give me the buy rate lease money factor and residual for a 2011 Kia Soul + w/ Automatic and floormats (MSRP = $17,285.00) for 12,000 miles per year for 36 months?
- Thanks!
I have always owned cars outright, but am considering buying or leasing a Kia Soul+.
I guess I have a couple of questions. Here is the first one.
I found a website (unsure if its kosher to give URL here), that 'pre-negotiates' the price for me--no haggling at the dealership. The price it gve me, including the options I want was quite fair. Lets say it was < $17k.
The dealer called me back and told me that they would honor this price--they had to contractually--so long as I scheduled a test drive. So I did.
My question is this: can I use this price as the basis for a lease negotiation? Woman on phone said she doesnt handle the finance angle--that could be discussed when I go in.
Also, I see you mentioned that Kia is offering $1500 incentives in August. I saw only one I thought I would qualify for (Competitor incentive) for $750. What was the other incentive you mentioned? There is a college grad one, but I think you have to have graduated in the last 6 months?
Kia is also running a special lease offer for $159/month. From kia.com, looks like $1245 cap cost reduction plus some other stuff for $1999 total (plus fees) due at lease signing.
Why would I or would I not want to trade in my current car (2004 Nissan Sentra 1.8 w/ 74k miles) in on this deal? I read somewhere that less money down is better in case the lease gets stolen?
Thanks in advance for all the info!
Thanks again!
k
When negotiating your lease on this vehicle, make sure to take advantage of the $1,500 cash incentive that is currently available on leases of it.
Car_man
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In addition to the $750 competitive owner cash incentive that you mentioned, Kia is providing a $1,500 cash incentive on leases of this car. Make sure to take this cash into account when negotiating your deal. I believe that Kia is providing a $750 cash incentive for recent college grads on top of these offers.
Car_man
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Car_man
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Car_man
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Car_man
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My dealership has a 2010 soul left. Is is possible to still lease a 2010? and if so what would be the money factor and residual on a 2010 Soul sport with man trans?
Thanks
Car_man
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Kia is currently providing a $500 cash incentive on leases of this vehicle.
Car_man
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Does Kia do 15k leases on the soul? Term does not really matter for me, I just need the mileage. If yes, can you please tell me the money factor and residual for an Exclaim model?
Thank you very much!
KFS' 39-month, 15,000 mile per year numbers for a 2012 Soul 2.0L are .00092 and 53%.
Car_man
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Thank you for all the wonderful info you have here! Any chance you have the current lease numbers and incentives for the Soul? Looks like the inventories in my area are finally being replenished. My biggest problem is my wife likes all of the current models being offered by KIA!!!!! Actually, I think we are looking at an optima, soul, or Forte. But I will ask about the others in the appropriate forums. Thanks again.
Chad
Does anyone have the current numbers and incentive for the soul+? Am trying to see what a 36 month with 15K/year looks like.
Thanks,
Chad
There is a $500 cash incentive on leases of this vehicle right now.
Car_man
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Car_man
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The numbers for an otherwise identical lease of a 2012 Elantra GLS with an automatic transmission are .00127 and 58%.
There's a $500 cash incentive on leases of the 2012 Soul and $1,000 on leases of the 2012 Elantra.
Car_man
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My wife and I are strongly considering leasing a 2012 Soul "Plus" with the audio package (approx. $19,500), and we have a couple of questions.
1. what are the details of the current lease (particularly the money factor and residual for 15k miles)
2. While I'll make use of the Edmunds calculators, I'd like to get your opinion of leasing a Soul, and particularly in light of what seems like tight supply
Thanks very much for this forum and the valuable help you provide us all.
Phil
Kia is providing a $500 cash incentive on leases of this car right now.
Kia's lease program on the Soul isn't bad. I would't have any problem with getting one right now.
Car_man
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My offer: $3000.00 down
36 months @ $378
15,000 mls/ year
MSRP $23300.00
This was a dune colored Soul that is VERY hard to find loaded up with options like I want.
Thank you so much,
Ray
When negotiating your deal on this vehicle, make sure to take advantage of the $500 cash incentive that is currently available on it.
Car_man
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