2015 Kia Sorento Lease Questions

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  • damnyankeesdamnyankees Member Posts: 141
    Michaell said:

    Unless I'm missing something, we aren't "trading in" the Audi. I got the impression that the Kia dealer was literally just going to make the last payment for us, so that we'd buy a car from them now. We'd still be responsible for returning the car to Audi, as if we had made the last payment ourselves and ran out the lease til it ended. But thanks for the heads up!

    So you would retain possession of the Audi for the next month?

    Is the dealer giving you a check for the payment?

    I'm not sure I'd be comfortable with them making the payment to Audi directly.

    That's my understanding. I'd request a check from them for the last payment.
  • damnyankeesdamnyankees Member Posts: 141
    What are figures for the Sorento Limited AWD? 36 months, 12k and 15k miles. Thanks!
  • kyfdxkyfdx Moderator Posts: 260,463

    What are figures for the Sorento Limited AWD? 36 months, 12k and 15k miles. Thanks!

    .00053 MF and 52%/50% residual. $3500 lease cash.

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  • leasingnewbieleasingnewbie Member Posts: 10
    edited September 2014
    Looking to negotiate a 12K mile, 36 month lease on Long Island (New York) . Not sure if I'm going for an LX AWD V6, EX AWD or SX AWD. Need the money factor and residual for each of these options. Thanks.
  • MichaellMichaell Moderator Posts: 258,415

    Looking to negotiate a 12K mile, 36 month lease on Long Island (New York) . Not sure if I'm going for an LX AWD V6, EX AWD or SX AWD. Need the money factor and residual for each of these options. Thanks.

    Kia has two sets of numbers, of which we only have one. Unfortunately, it does not include NY.

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  • ajs122ajs122 Member Posts: 10
    my lease on a 2015 Sorento FWD, ex, touring package, MSRP 36K, residual 56%, 12K miles per year, 36 mo/lease, money factor unknown. rebates totaled 2,900 including military discount of 400, competition discount of 500.
    my question has to do with the cap cost reduction. our deal is for the dealer to make the first payment of $490. shouldn't this amount be included in the cap cost reduction in determining the adjusted cap cost?

    keep in mind this is a no money down, top tier credit, and includes $2962 of negative equity added to the deal.
  • kyfdxkyfdx Moderator Posts: 260,463
    ajs122 said:

    my lease on a 2015 Sorento FWD, ex, touring package, MSRP 36K, residual 56%, 12K miles per year, 36 mo/lease, money factor unknown. rebates totaled 2,900 including military discount of 400, competition discount of 500.
    my question has to do with the cap cost reduction. our deal is for the dealer to make the first payment of $490. shouldn't this amount be included in the cap cost reduction in determining the adjusted cap cost?

    keep in mind this is a no money down, top tier credit, and includes $2962 of negative equity added to the deal.

    If he is to make the first payment, it won't be listed as a CAP cost reduction, as that won't take away the first payment. A CCR only affects the amount financed. It's possible it will be listed as "cash from dealer", or something like that, to reduce the money due upfront.

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  • garden54garden54 Member Posts: 27
    left a dealership in NJ for a SORENTO 2015 EX....walk out price quoted was for $0 down....fees capped at $500. MSRP is $38,000 with a "second" sticker with a few options close to $40,000. The car has the tech package and the quote was $370 including tax for a 36 month lease with 12,000 miles per year. Any comments on that deal offered??
  • anguillaanguilla Member Posts: 83
    edited October 2014
    Looking to lease a 2015 Kia Sorento EX AWD Touring model with 7 seats. 15K miles per year for a 3 year lease with $0 down. We will be leasing in Rockland County NY or Bergen County NJ. What is the current money factor and residual for this model and when will these rates expire?
  • kyfdxkyfdx Moderator Posts: 260,463
    garden54 said:

    left a dealership in NJ for a SORENTO 2015 EX....walk out price quoted was for $0 down....fees capped at $500. MSRP is $38,000 with a "second" sticker with a few options close to $40,000. The car has the tech package and the quote was $370 including tax for a 36 month lease with 12,000 miles per year. Any comments on that deal offered??


    Looks cheap... How much is the amount actually due at signing?

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  • kyfdxkyfdx Moderator Posts: 260,463
    anguilla said:

    Looking to lease a 2015 Kia Sorento EX AWD Touring model with 7 seats. 15K miles per year for a 3 year lease with $0 down. We will be leasing in Rockland County NY or Bergen County NJ. What is the current money factor and residual for this model and when will these rates expire?


    .00090 MF and 54% residual. $2000 lease cash.

    Numbers are good through 11/03/2014

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  • orion76orion76 Member Posts: 5
    Looking to lease either EX with touring or SX. AWD + third roll. Located in central NJ. What's the MF and residual? Any advice what would be a good monthly payment with $0 down?
  • MichaellMichaell Moderator Posts: 258,415
    orion76 said:

    Looking to lease either EX with touring or SX. AWD + third roll. Located in central NJ. What's the MF and residual? Any advice what would be a good monthly payment with $0 down?

    What lease term and how many miles per year? You can also scroll back a page or two as well.

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  • orion76orion76 Member Posts: 5
    3yrs/12k miles. Thanks. 
  • kyfdxkyfdx Moderator Posts: 260,463
    orion76 said:

    Looking to lease either EX with touring or SX. AWD + third roll. Located in central NJ. What's the MF and residual? Any advice what would be a good monthly payment with $0 down?

    orion76 said:

    3yrs/12k miles. Thanks. 


    EX: .00101 MF and 55% residual

    SX: .00051 MF and 53% residual

    $2500 lease cash on either model.

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  • garden54garden54 Member Posts: 27
    due at signing is Motor Vehicle of $300 + another $400....that's it
  • orion76orion76 Member Posts: 5
    Please private message the dealership that you got yours from. Thanks. 
  • MichaellMichaell Moderator Posts: 258,415
    orion76 said:

    Please private message the dealership that you got yours from. Thanks. 

    We have no problem sharing dealership and salesperson info ... just no contact information, please.

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  • textmemaybetextmemaybe Member Posts: 12
    Can I please get the MF/RV for a Sorento EX AWD? 36/12K. Northern CA, Sacramento region. Thanks!
  • MichaellMichaell Moderator Posts: 258,415

    Can I please get the MF/RV for a Sorento EX AWD? 36/12K. Northern CA, Sacramento region. Thanks!

    .00081 and 55%. $2500 lease cash.

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  • sitnphatsitnphat Member Posts: 8
    2015 sx 3yr/10k miles west virginia?
  • kyfdxkyfdx Moderator Posts: 260,463
    sitnphat said:

    2015 sx 3yr/10k miles west virginia?


    AWD? .00051 MF and 53% residual for 36mo, 12K/yr. $2500 lease cash.

    No 10K/yr leases with Kia

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  • chaz51chaz51 Member Posts: 3
    Could I get the money factor and residual for 2015 Kia Sorrento SX Limited AWD 15k miles 36 month term in Las Vegas, Nevada
  • kyfdxkyfdx Moderator Posts: 260,463
    chaz51 said:

    Could I get the money factor and residual for 2015 Kia Sorrento SX Limited AWD 15k miles 36 month term in Las Vegas, Nevada


    .00050 MF and 49% residual. $3500 lease cash.

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  • chaz51chaz51 Member Posts: 3
    Thanks for your help.

    Would the numbers be similar for the EX AWD and SX AWD with the same terms on each.

  • chaz51chaz51 Member Posts: 3
    Oh and I forgot the credit score is 721.
  • MichaellMichaell Moderator Posts: 258,415
    chaz51 said:

    Thanks for your help.

    Would the numbers be similar for the EX AWD and SX AWD with the same terms on each.

    EX - .00101 and 53%. $2500 lease cash.

    SX - .00051 and 51%. $2500 lease cash.

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  • garden54garden54 Member Posts: 27
    all I paid was DMV fees of $300...nothing else down....
  • dolehendrixdolehendrix Member Posts: 1
    Hello.

    Looking for mf/resisdual, sorrento LX and EX, both AWD, Massachusetts, 36/15k
  • kyfdxkyfdx Moderator Posts: 260,463

    Hello.

    Looking for mf/resisdual, sorrento LX and EX, both AWD, Massachusetts, 36/15k


    LX: .00097 MF and 54% residual
    EX: .00081 MF and 53% residual

    $2500 lease cash on either.

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  • redwing497redwing497 Member Posts: 51
    My wife wants a 2016 which are hitting dealerships now. Do you think numbers will be available, most importantly residual and money factors? Trying to work up a lease price
  • redwing497redwing497 Member Posts: 51

    My wife wants a 2016 which are hitting dealerships now. Do you think numbers will be available, most importantly residual and money factors? Trying to work up a lease price

    I'm in NJ, if that helps
  • MichaellMichaell Moderator Posts: 258,415

    My wife wants a 2016 which are hitting dealerships now. Do you think numbers will be available, most importantly residual and money factors? Trying to work up a lease price

    I'm in NJ, if that helps
    While we do have numbers on the 2016 Sorento, we don't have them for NY, NJ or CT.

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  • redwing497redwing497 Member Posts: 51
    How big of a difference would it make? Any idea on when you may get them? Thanks for the reply, this forum is a HUGE help

  • MichaellMichaell Moderator Posts: 258,415

    How big of a difference would it make? Any idea on when you may get them? Thanks for the reply, this forum is a HUGE help

    Not sure when we'll get the NJ/NY/CT numbers. They could be very different from those we have for the rest of the country.

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  • carobsessedcarobsessed Member Posts: 47
    Hello,

    Can you please tell me the MF and residual on a 2016 EX V6 AWD Sorento for 36/15k in Northern CA? Also, are there any additional incentives other than the $1k conquest? Thank you!
  • carobsessedcarobsessed Member Posts: 47

    Hello,

    Can you please tell me the MF and residual on a 2016 EX V6 AWD Sorento for 36/15k in Northern CA? Also, are there any additional incentives other than the $1k conquest? Thank you!

    I am sorry, I am actually looking for this information on the SX.
  • MichaellMichaell Moderator Posts: 258,415

    Hello,

    Can you please tell me the MF and residual on a 2016 EX V6 AWD Sorento for 36/15k in Northern CA? Also, are there any additional incentives other than the $1k conquest? Thank you!

    I am sorry, I am actually looking for this information on the SX.
    .00114 and 59% for the SX AWD 36/15. $500 lease cash.

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  • dealbreaker1dealbreaker1 Member Posts: 13
    MF and residual on 2015 EX AWD Sorento, 36mo/12K per year in Colorado? What incentives do I have here?
  • MichaellMichaell Moderator Posts: 258,415

    MF and residual on 2015 EX AWD Sorento, 36mo/12K per year in Colorado? What incentives do I have here?

    .00046 and 54%. $2500 lease cash.

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  • dealbreaker1dealbreaker1 Member Posts: 13
    Sorry, I need new numbers please for a couple configurations of a 2015 Sorento:

    2015 AWD EX 36/12 and 42/12

    2015 AWD LX base (with 2.4 4cyl) 36/12 and 42/12 - would this be the same for a V6 model?
  • MichaellMichaell Moderator Posts: 258,415

    Sorry, I need new numbers please for a couple configurations of a 2015 Sorento:

    2015 AWD EX 36/12 and 42/12

    2015 AWD LX base (with 2.4 4cyl) 36/12 and 42/12 - would this be the same for a V6 model?

    What state is this? The Kia numbers are regional.

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  • joe24joe24 Member Posts: 67
    Looking to lease a 2015 in NJ. LX AWD, 36 months and 39 months, 12k per year. Need lending factor, residual and any discounts
  • MichaellMichaell Moderator Posts: 258,415
    joe24 said:

    Looking to lease a 2015 in NJ. LX AWD, 36 months and 39 months, 12k per year. Need lending factor, residual and any discounts

    No 39 month program.

    36/12 - .00008 and 53% for the 4-cyl; .00039 and 55% for the V6. $2500 lease cash.

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  • joe24joe24 Member Posts: 67
    thanks. What are the numbers for 42 months?
  • MichaellMichaell Moderator Posts: 258,415
    joe24 said:

    thanks. What are the numbers for 42 months?

    42/12 - .00035 and 50% for the 4-cyl; .00061 and 52% for the V6

    $2500 lease cash.

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