2014 Kia Optima Lease Questions

Kirstie_H

To discuss the latest lease details for the current model, please join us in the 2015 Kia Optima Lease Questions forum.

You can also research local dealer inventory and pricing, reviews, features, and specifications on Edmunds 2015 Kia Optima page.

avmba

Any current info on Kia Optima leases? Looking for MF and residual on a 2014 Optima SXL. 10k and 12k. Interested in either 24 or 36 month lease depending on what Kia offers and what works out to be the best deal.

thx

kyfdx

@avmba said:
Any current info on Kia Optima leases? Looking for MF and residual on a 2014 Optima SXL. 10k and 12k. Interested in either 24 or 36 month lease depending on what Kia offers and what works out to be the best deal.

thx

.00057 MF and 54% residual for 36mo, 12K/yr lease. $2000 lease cash.

kazuya_mishima

The numbers for a EX 36 month 12k/year please.

Michaell

@kazuya_mishima said:
The numbers for a EX 36 month 12k/year please.

Which state? There are two sets of numbers for April from Kia.

sixpack4

I'm looking for the current lease numbers for SX w/ Prem + Tech and SX Turbo w/ Prem + Tech in Florida. 36 mos 12k.

Michaell

@sixpack4 said:
I'm looking for the current lease numbers for SX w/ Prem + Tech and SX Turbo w/ Prem + Tech in Florida. 36 mos 12k.

SX - .00109 and 58%

SX Turbo - .00117 and 59%

$2000 lease cash available for both.

sixpack4

Thanks for the quick reply! You guys are great!

sixpack4

To follow up, I'm putting together a deal to close before COB Wednesday. I've moved up to the SXL however. I'm getting quotes from dealers with the following numbers in FL. Do these appear correct for a 3 year 15k lease.

MF: 0.00054
Res Value: 54%

Michaell

@sixpack4 said:
To follow up, I'm putting together a deal to close before COB Wednesday. I've moved up to the SXL however. I'm getting quotes from dealers with the following numbers in FL. Do these appear correct for a 3 year 15k lease.

MF: 0.00054
Res Value: 54%

The Kia Motor Finance numbers I have show .00057 MF and residual of 52%. Could the dealer be using a 3rd party finance company?

1985mb

Current MF and residual on 2014 Optima LX (12k miles/yr)? Northeast (NY/NJ) if that matters...

Thanks as always, you guys are great

Michaell

@1985mb said:
Current MF and residual on 2014 Optima LX (12k miles/yr)? Northeast (NY/NJ) if that matters...

Thanks as always, you guys are great

Appreciate the compliment, but we don't yet have the May numbers from Kia. Perhaps in a few days...

kazuya_mishima

Florida EX 12k miles per year 36 and 48 month lease numbers please.

Michaell

@kazuya_mishima said:
Florida EX 12k miles per year 36 and 48 month lease numbers please.

We're still waiting for the May numbers ... sorry.

kazuya_mishima

Hey guys thanks for answering all the questions. Don't want to be annoying but just wondering if the numbers are in yet, and most importantly if the 2000 cash is still on.

kyfdx

@kazuya_mishima said:
Florida EX 12k miles per year 36 and 48 month lease numbers please.

.00073 MF and 56% residual

.00115 MF and 47% residual.

$2000 lease cash on either term.

kazuya_mishima

Thank you so much. That 2000 cash just sounds like too good of a deal to pass up. I am struggling between a Sonata, Mazda 6, and the Optima. What I am seeing going for each is:

Sonata: Cheapest option for a turbo.
Mazda6: Cheapest option for luxury (leather seats and screen size)
Optima: Maybe I am not sure how leasing works but the optima with that 2000 cash on lease just seems like it will be the cheapest option out of the 3 if all else is equal. So in short optima is price.

kazuya_mishima

Also what about same terms for a SX with and without turbo.

kyfdx

@kazuya_mishima said:
Also what about same terms for a SX with and without turbo.

36mo, 12K/yr

.00052 MF and 55% residual for SX

.00080 MF and 57% residual for SX Turbo

48mo, 12K/yr

.00118 MF and 47% residual for SX

.00123 MF and 48% residual for SX Turbo

kris113

@kazuya_mishima said:
Thank you so much. That 2000 cash just sounds like too good of a deal to pass up. I am struggling between a Sonata, Mazda 6, and the Optima. What I am seeing going for each is:

Sonata: Cheapest option for a turbo.
Mazda6: Cheapest option for luxury (leather seats and screen size)
Optima: Maybe I am not sure how leasing works but the optima with that 2000 cash on lease just seems like it will be the cheapest option out of the 3 if all else is equal. So in short optima is price.

Kazuya....I am actually trying to decide between the same three cars, but I'm going to the dealerships this weekend to get all of the numbers. Can you let me know what prices you were given just so I have an idea what to expect? And if you've already decided, what car did you go with?

Thanks
Kristin

kris113

Can anyone give me a rough idea of what I can expect to pay on a lease for the Optima EX if the MSRP is $24,950 and I will only need 12,000 miles/year? I don't plan on putting any money down for the car except for paying tax/title/license upfront and I am in NJ if that helps. Thanks!

Michaell

@kris113 said:
Can anyone give me a rough idea of what I can expect to pay on a lease for the Optima EX if the MSRP is $24,950 and I will only need 12,000 miles/year? I don't plan on putting any money down for the car except for paying tax/title/license upfront and I am in NJ if that helps. Thanks!

Again, we'll need to know the lease term and the expected selling price before we can calculate a payment.

kris113

@Michaell said:
Again, we'll need to know the lease term and the expected selling price before we can calculate a payment.

Sorry...I don't have a selling price yet as I am going to the dealer this weekend but the term will be for 36 months.

kazuya_mishima

Kris113

I will let you know as I am waiting for useless good for nothing Trans Union score to be updated and hopefully enough before I go in to the dealer.... Which reminds me what is tier 1 for Kia?

Michaell

@kazuya_mishima said:
Kris113

I will let you know as I am waiting for useless good for nothing Trans Union score to be updated and hopefully enough before I go in to the dealer.... Which reminds me what is tier 1 for Kia?

680 or higher.

maximusrtc

Are the May numbers posted above for the 2014 SX (non turbo) also accurate for Ohio:

.00052 and 55% - 3 yrs/12k per year
$2,000 lease rebate

Thanks again for the help!

Michaell

@maximusrtc said:
Are the May numbers posted above for the 2014 SX (non turbo) also accurate for Ohio:

.00052 and 55% - 3 yrs/12k per year
$2,000 lease rebate

Thanks again for the help!

Numbers from Kia are national.

mobilerover

Considering an Optima SXL can you share MF & residual for a 2 & 3 year lease w/ 12k per year? Also, are there any incentive to move the 2014 models as the 2015's are starting to roll in?

Thank.

Michaell

@mobilerover said:
Considering an Optima SXL can you share MF & residual for a 2 & 3 year lease w/ 12k per year? Also, are there any incentive to move the 2014 models as the 2015's are starting to roll in?

Thank.

Are you in NJ, CT or NY? There are two sets of numbers from Kia this month.

2014 vs 2015 - usually, the residual value is lower on the 2014's, but the MF is often reduced to compensate.

mobilerover

Southern California actually.

@Michaell said:

Michaell

@mobilerover said:
@mobilerover said: Considering an Optima SXL can you share MF & residual for a 2 & 3 year lease w/ 12k per year? Also, are there any incentive to move the 2014 models as the 2015's are starting to roll in? Southern California actually.

Kia does not support 24 month leases.

2015 - .00077 and 57% for 36/12. $750 lease cash.

2014 - .00038 and 53%. $2000 lease cash.

mobilerover

Hey, this is great info. Now to compare it to the CC.

Thanks @Michaell.

@Michaell said:
2014 - .00038 and 53%. $2000 lease cash.

treasureshell

Looking into leasing the 2014 Optima EX (MRSP approx. $28,000). What is the current lease factor and residual with a $2,500 down payment for a 36 month lease? many thanks!

kyfdx

@treasureshell said:
Looking into leasing the 2014 Optima EX (MRSP approx. $28,000). What is the current lease factor and residual with a $2,500 down payment for a 36 month lease? many thanks!

.00073 MF and 56% residual for 36mo, 12K/yr. $2000 lease cash.

skankinage

Hi kyfdx- do you know if there are any changes to the 2014 EX numbers for July?

Michaell

@skankinage said:
Hi kyfdx- do you know if there are any changes to the 2014 EX numbers for July?

The July numbers haven't yet been made available to us.

skankinage

Hi- just checking in again to see if there are July numbers out yet. Thank you!

kyfdx

@skankinage said:
Hi kyfdx- do you know if there are any changes to the 2014 EX numbers for July?

Two sets of numbers, this month. What state? And, what term/mileage?

skankinage

Thanks kyfdx- I'm looking at 36 months/12k and I am in NY.

kyfdx

@skankinage said:
Thanks kyfdx- I'm looking at 36 months/12k and I am in NY.

Hi kyfdx- do you know if there are any changes to the 2014 EX numbers for July?

.00054 MF and 55% residual. $2000 lease cash.

skankinage

@kyfdx said:

Thank you!

skankinage

One follow up question- is there any difference on the 2014 vs 2015 model numbers? Thanks!

kyfdx

@skankinage said:
One follow up question- is there any difference on the 2014 vs 2015 model numbers? Thanks!

Yes!

steevo

Do you have the MF and Residual for 2015 SXL in NY with 15000 miles , 24 and 36?

kyfdx

@steevo said:
Do you have the MF and Residual for 2015 SXL in NY with 15000 miles , 24 and 36?

.00040 MF and 53% residual. $750 lease cash for 36mo, 15K/yr.

I don't see any 24 month programs for Kia

deniska1

Hi Looking for MF and Residual on SX Turbo with technology package MSPR $34,200, 36months 12K a year. NY...thank you

kyfdx

@deniska1 said:
Hi Looking for MF and Residual on SX Turbo with technology package MSPR $34,200, 36months 12K a year. NY...thank you

.00061 MF and 56% residual. $2000 lease cash

jdu14

Looking for MF and Residual, lease cash on SXL, 36months 12K a year..southern california.thx

Michaell

@jdu14 said:
Looking for MF and Residual, lease cash on SXL, 36months 12K a year..southern california.thx

2014? .00019 and 52%. $2000 lease cash.

jdu14

Yes 2014.....Thank You

mikc1

Michaell, I am looking for residual and money factor on 2014 Optima LX 12K miles, 36 months. Thank you.