2015 Kia Optima Lease Questions

Michaell

jnkoh said:

Looking for lease numbers for LX, EX and SX optimas in NJ 3/12K miles please.

LX - .00016 and 54%. $2500 lease cash.

EX - .00001 and 53%. $2500 lease cash.

SX - .00034 and 51%. $3500 lease cash.

lquestions

Can you please post MF and Residual for 2015 Optima Ex and Lx for 36/12 in Los Angeles, Ca. Thank you!

Michaell

lquestions said:

Can you please post MF and Residual for 2015 Optima Ex and Lx for 36/12 in Los Angeles, Ca. Thank you!

LX - .00049 and 54%. $2500 lease cash

EX - .00030 and 53%. $2500 lease cash

rmcrier

Can you please post the MF and Residual Value for an Optima SXL and Hybrid EX in Northern Virginia? Thanks!

Michaell

rmcrier said:

Can you please post the MF and Residual Value for an Optima SXL and Hybrid EX in Northern Virginia? Thanks!

What lease term and how many miles per year?

rmcrier

36 months/ 12K. Sorry

Michaell

rmcrier said:

Can you please post the MF and Residual Value for an Optima SXL and Hybrid EX in Northern Virginia? 36/12. Thanks!

SXL - .00045 and 50%. $4000 lease cash

EX Hybrid - .00111 and 50%. $5000 lease cash.

ny_sx

kyfdx said:

ny_sx said:

Well, I didn't go for it and I am still wavering between a '14 Cadenza Limited or the '15 Optima SXL, which is why the similiar post in the Cadenza Forum.

When they become available, would you please share the numbers and rebate/incentive programs for February? Just like above, I am looking for NY area [unless there are way better deals a few hours away] '15 Optima SXL, 36/12 or thereabouts. I have until the end of April to turn in my '12 Optima SX, which only has 20,000 miles after 36 months.

Thanks!

.00005 MF and 50% residual for 36mo, 12K/yr. $4000 lease cash.

Well, I didn't get the deal I wanted yet, so would you please update information for March? Thanks again.

kyfdx

ny_sx said:

kyfdx said:

ny_sx said:

Well, I didn't go for it and I am still wavering between a '14 Cadenza Limited or the '15 Optima SXL, which is why the similiar post in the Cadenza Forum.

When they become available, would you please share the numbers and rebate/incentive programs for February? Just like above, I am looking for NY area [unless there are way better deals a few hours away] '15 Optima SXL, 36/12 or thereabouts. I have until the end of April to turn in my '12 Optima SX, which only has 20,000 miles after 36 months.

Thanks!

.00005 MF and 50% residual for 36mo, 12K/yr. $4000 lease cash.

Well, I didn't get the deal I wanted yet, so would you please update information for March? Thanks again.

.00068 MF and 51% residual. $4000 lease cash.

dz3131

I'm looking for the MF and Residual plus any lease cash deals on the 2015 Optima LX, EX and SX for the central Pennsylvania area. Term would be 36 months, either 12K or 15K miles.

Thanks so much for the info you provide, there is no way we would be sure about our deals if you didn't help us like this

kyfdx

dz3131 said:

I'm looking for the MF and Residual plus any lease cash deals on the 2015 Optima LX, EX and SX for the central Pennsylvania area. Term would be 36 months, either 12K or 15K miles.

Thanks so much for the info you provide, there is no way we would be sure about our deals if you didn't help us like this

36mo, 12K/yr

LX: .00069 MF and 55% residual. $2500 lease cash
EX: .00050 MF and 54% residual. $2500 lease cash.
SX: .00082 MF and 52% residual. $3500 lease cash.

dz3131

Thank you so much!

mrtrance

Can you post lease numbers for March for Southern California for LX, EX, and SX for 24/36 mo and 12K/15K?  Thanks.

Michaell

mrtrance said:

Can you post lease numbers for March for Southern California for LX, EX, and SX for 24/36 mo and 12K/15K?  Thanks.

24/12 numbers:

LX - .00060 and 60%. $3500 lease cash
EX - .00078 and 59%. $4000 lease cash
SX - .00054 and 57%. $4500 lease cash

36/12 numbers:

LX - .00069 and 55%. $2500 lease cash
EX - .00050 and 54%. $2500 lease cash
SX - .00082 and 52%. $3500 lease cash

Deduct 2% for 15K miles per year.

jmoyer1881

kyfdx said:

dz3131 said:

I'm looking for the MF and Residual plus any lease cash deals on the 2015 Optima LX, EX and SX for the central Pennsylvania area. Term would be 36 months, either 12K or 15K miles.

Thanks so much for the info you provide, there is no way we would be sure about our deals if you didn't help us like this

36mo, 12K/yr

LX: .00069 MF and 55% residual. $2500 lease cash
EX: .00050 MF and 54% residual. $2500 lease cash.
SX: .00082 MF and 52% residual. $3500 lease cash.

I assume these would be the same for MD, correct? Thanks for the help you provide us all.

kyfdx

jmoyer1881 said:

kyfdx said:

dz3131 said:

I'm looking for the MF and Residual plus any lease cash deals on the 2015 Optima LX, EX and SX for the central Pennsylvania area. Term would be 36 months, either 12K or 15K miles.

Thanks so much for the info you provide, there is no way we would be sure about our deals if you didn't help us like this

36mo, 12K/yr

LX: .00069 MF and 55% residual. $2500 lease cash
EX: .00050 MF and 54% residual. $2500 lease cash.
SX: .00082 MF and 52% residual. $3500 lease cash.

I assume these would be the same for MD, correct? Thanks for the help you provide us all.

Actually, Maryland is in a different region. Which model were you interested in?

tobyw

Please post March numbers for base Optima LX.in Ct. 3years,12k per year

Michaell

tobyw said:

Please post March numbers for base Optima LX.in Ct. 3years,12k per year

.00069 and 55%. $2500 lease cash.

mazdaman25

Hi Can you please post the MF and Residual for the 2015 Kia Optima SX and SXL for New Jersey and any other lease incentives available for March? Thanks

Michaell

mazdaman25 said:

Hi Can you please post the MF and Residual for the 2015 Kia Optima SX and SXL for New Jersey and any other lease incentives available for March? Thanks

What lease term? How many miles per year?

jmoyer1881

kyfdx said:

jmoyer1881 said:

kyfdx said:

dz3131 said:

I'm looking for the MF and Residual plus any lease cash deals on the 2015 Optima LX, EX and SX for the central Pennsylvania area. Term would be 36 months, either 12K or 15K miles.

Thanks so much for the info you provide, there is no way we would be sure about our deals if you didn't help us like this

36mo, 12K/yr

LX: .00069 MF and 55% residual. $2500 lease cash
EX: .00050 MF and 54% residual. $2500 lease cash.
SX: .00082 MF and 52% residual. $3500 lease cash.

I assume these would be the same for MD, correct? Thanks for the help you provide us all.

Actually, Maryland is in a different region. Which model were you interested in?

Thanks for letting me know. I am interested in the Optima EX 24 and 36/12k.
Thanks.

kyfdx

jmoyer1881 said:

kyfdx said:

jmoyer1881 said:

kyfdx said:

dz3131 said:

I'm looking for the MF and Residual plus any lease cash deals on the 2015 Optima LX, EX and SX for the central Pennsylvania area. Term would be 36 months, either 12K or 15K miles.

Thanks so much for the info you provide, there is no way we would be sure about our deals if you didn't help us like this

36mo, 12K/yr

LX: .00069 MF and 55% residual. $2500 lease cash
EX: .00050 MF and 54% residual. $2500 lease cash.
SX: .00082 MF and 52% residual. $3500 lease cash.

I assume these would be the same for MD, correct? Thanks for the help you provide us all.

Actually, Maryland is in a different region. Which model were you interested in?

Thanks for letting me know. I am interested in the Optima EX 24 and 36/12k.
Thanks.

24/12: .00108 MF and 59% residual. $4000 lease cash.

36/12: .00079 MF and 54% residul. $2500 lease cash.

jmoyer1881

Thanks again for the help.

mazdaman25

36 month lease- 12k and 15 k miles per year
Thanks

mazdaman25

mazdaman25 said:

Hi Can you please post the MF and Residual for the 2015 Kia Optima SX and SXL for New Jersey and any other lease incentives available for March? Thanks

36 month lease- 12k and 15 k miles per year
Thanks

kyfdx

mazdaman25 said:

mazdaman25 said:

Hi Can you please post the MF and Residual for the 2015 Kia Optima SX and SXL for New Jersey and any other lease incentives available for March? Thanks

36 month lease- 12k and 15 k miles per year
Thanks

36mo, 12K/yr

SX turbo: .00088 MF and 53% residual. $3500 lease cash
SXL turbo: .00068 MF and 51% residual. $4000 lease cash.

Subtract 2% for 15K/yr

mrtrance

Anyone actually get some real world numbers from dealers recently that they could share?  Anyone able to get like $6500 off a EX (assuming a initial discount of $2500 plus $4000 lease cash rebate)?

mazdaman25

kyfdx said:

mazdaman25 said:

mazdaman25 said:

Hi Can you please post the MF and Residual for the 2015 Kia Optima SX and SXL for New Jersey and any other lease incentives available for March? Thanks

36 month lease- 12k and 15 k miles per year
Thanks

36mo, 12K/yr

SX turbo: .00088 MF and 53% residual. $3500 lease cash
SXL turbo: .00068 MF and 51% residual. $4000 lease cash.

Subtract 2% for 15K/yr

Thank you

itzzsanjay

Could I please have the MF and Residual for 2015 Kia Optima SX Turbo 12K/15K 36mo for Florida? Also if there is any lease cash?

Michaell

itzzsanjay said:

Could I please have the MF and Residual for 2015 Kia Optima SX Turbo 12K/15K 36mo for Florida? Also if there is any lease cash?

36/12 numbers - .00088 and 53%. $3500 lease cash

Subtract 2% for 15K.

bradross

Hello,

Looking for the MF, Residual and lease cash on a 2016 KIA Sorrento SX V6 in NJ.

Anyone have any recent experience leasing this model?

Thanks
Brad

Michaell

bradross said:

Hello,

Looking for the MF, Residual and lease cash on a 2016 KIA Sorrento SX V6 in NJ.

Anyone have any recent experience leasing this model?

Thanks
Brad

What lease term and how many miles per year?

straman17

Do you have April numbers for SX Trim for 15K/36 in Ohio?

Michaell

straman17 said:

Do you have April numbers for SX Trim for 15K/36 in Ohio?

2015 Optima SX 2.4 36/15 - .00082 and 50%. $3500 lease cash.

ledname

May I please have the numbers for the 2015 Optima SXL in NC? Looking for 2 year and 3 year numbers (are there any in between 2 and 3 years????) for 10k or 12k miles.

Thanks.

Michaell

ledname said:

May I please have the numbers for the 2015 Optima SXL in NC? Looking for 2 year and 3 year numbers (are there any in between 2 and 3 years????) for 10k or 12k miles.

Thanks.

24/12 - .00047 and 56%. $5500 lease cash

36/12 - .00088 and 51%. $4000 lease cash.

Add 1% for 10K

ledname

Do they have any odd terms like 27 or 39?  I am trying to get lease end to occur in fall. 

Michaell

ledname said:

Do they have any odd terms like 27 or 39?  I am trying to get lease end to occur in fall. 

No - 24, 36 and 48 month terms only.

lesseefair

Do you happen to know current money factor and residual percentage for a 2015 Optima LX in Southeastern WI? (24 months/12,000 mi)

On a local dealer website, I'm seeing $5500/$4500/$4000/$3500/$1500/$1000 lease cash available for Optima LX. Do these varying amounts of lease cash correlate to credit rating? (I have excellent credit.)

And regarding these lease cash offers, do you happen to know what "Requires STDTN" might mean?

That same local dealer is stating an MSRP of $22,580 for a 2015 Optima LX, but an Internet selling price of $18,927. (They have several discounted Optima LXs within a few hundred dollars of each other.)

And that same website is stating a 24-month Lease Rate as 0.00%. Does that mean the money factor is essentially 0.0000?

Are these crazy-low numbers? Or am I missing something?

Thanks for everything you do. I'll look forward to your response, whenever you have a minute.

Michaell

lesseefair said:

Do you happen to know current money factor and residual percentage for a 2015 Optima LX in Southeastern WI? (24 months/12,000 mi)

On a local dealer website, I'm seeing $5500/$4500/$4000/$3500/$1500/$1000 lease cash available for Optima LX. Do these varying amounts of lease cash correlate to credit rating? (I have excellent credit.)

And regarding these lease cash offers, do you happen to know what "Requires STDTN" might mean?

That same local dealer is stating an MSRP of $22,580 for a 2015 Optima LX, but an Internet selling price of $18,927. (They have several discounted Optima LXs within a few hundred dollars of each other.)

And that same website is stating a 24-month Lease Rate as 0.00%. Does that mean the money factor is essentially 0.0000?

Are these crazy-low numbers? Or am I missing something?

Thanks for everything you do. I'll look forward to your response, whenever you have a minute.

24/12 for the Optima LX are .00060 and 60% with $3500 lease cash.

The lease cash amount varies by trim level (EX = $4000, SX/SX Turbo = $4500, SXL = $5500).

I don't recognize the term "STDTN".

The numbers I quote - and the only numbers I have - are from Kia Motors Finance. If you local dealer is offering 0% lease rates, that might be through a different bank, and I won't be able to verify any of the numbers for you.

Using the MSRP and selling price you've quoted, I get a pre-tax payment of $236.96/mo for 24 months.

lesseefair

Thank you, Michael.

Based upon some Googling, it looks like STDTN might refer to standard/manual transmission? Is that possible? (I will certainly ask the dealer...)

Regarding a (potential) 0.00% lease rate, if it were being offered through another bank, would the lease cash still be available with that finance rate? Or is leash cash typically an incentive to finance through Kia Motors Finance (which would be 1.44%)?

Lastly, when do you deduct the lease cash when performing the math? Does it matter?

Thank you!

lesseefair

Based upon your 60% residual and .0006 money factor, I arrive at these figures:

$22,580 MSRP
$18,927 Negotiated purchase price
$595 Acquisition fee
$19,522 Net Cap Cost
$16,022 Net Cap Cost (after $3500 lease cash)
$13,548 (60%) Residual of $22,580 MSRP
$103.08 monthly lease payment (24 months)

$29,570 (Net Cap Cost + Residual)
.0006 money factor
$17.74 monthly finance

$120.82/month before 5.6% WI state sales tax
$6.77 WI sales tax

Total monthly payment: $127.59

Have I done the formula incorrectly? Why don't I arrive at $236.96?

kyfdx

lesseefair said:

Based upon your 60% residual and .0006 money factor, I arrive at these figures:

$22,580 MSRP
$18,927 Negotiated purchase price
$595 Acquisition fee
$19,522 Net Cap Cost
$16,022 Net Cap Cost (after $3500 lease cash)
$13,548 (60%) Residual of $22,580 MSRP
$103.08 monthly lease payment (24 months)

$29,570 (Net Cap Cost + Residual)
.0006 money factor
$17.74 monthly finance

$120.82/month before 5.6% WI state sales tax
$6.77 WI sales tax

Total monthly payment: $127.59

Have I done the formula incorrectly? Why don't I arrive at $236.96?

Maybe their "negotiated price" already includes the lease cash?

Michaell

kyfdx said:

lesseefair said:

Based upon your 60% residual and .0006 money factor, I arrive at these figures:

$22,580 MSRP
$18,927 Negotiated purchase price
$595 Acquisition fee
$19,522 Net Cap Cost
$16,022 Net Cap Cost (after $3500 lease cash)
$13,548 (60%) Residual of $22,580 MSRP
$103.08 monthly lease payment (24 months)

$29,570 (Net Cap Cost + Residual)
.0006 money factor
$17.74 monthly finance

$120.82/month before 5.6% WI state sales tax
$6.77 WI sales tax

Total monthly payment: $127.59

Have I done the formula incorrectly? Why don't I arrive at $236.96?

Maybe their "negotiated price" already includes the lease cash?

That was my assumption as well when I ran the calculations.

lesseefair

No, the advertised price is for purchase and makes no reference to leasing the vehicle.

However, is it possible the advertised purchase price includes KIA incentives/discounts that would not be available if one were interested in leasing?

is it possible that there are current purchase incentives that may not be combined with current lease incentives?

Do you happen to know what the current purchase incentives might be for Wisconsin?

Thank you.

kyfdx

lesseefair said:

No, the advertised price is for purchase and makes no reference to leasing the vehicle.

However, is it possible the advertised purchase price includes KIA incentives/discounts that would not be available if one were interested in leasing?

is it possible that there are current purchase incentives that may not be combined with current lease incentives?

Do you happen to know what the current purchase incentives might be for Wisconsin?

Thank you.

Yes... it's very likely that purchase incentives are included in that offered price that would be negated, if you leased the car..

We don't track purchase incentives, but Edmunds might have that information. Click on the Car Research tab at the top of the page, then choose Incentives and Rebates.

lesseefair

Awesome. Thank you to both of you for your expertise.

hades1

Good morning,

Can I have the April numbers for a KIA optima 2015 EX?

12K and 10K 24, 36 or 48 months

do the numbers change if we add packages?

around how much is everyone getting the car for (for ex, how much off from MSRP plus Rebates/ lease cash etc.)

Thanks

Michaell

hades1 said:

Good morning,

Can I have the April numbers for a KIA optima 2015 EX?

12K and 10K 24, 36 or 48 months

do the numbers change if we add packages?

around how much is everyone getting the car for (for ex, how much off from MSRP plus Rebates/ lease cash etc.)

Thanks

What state is this? Kia numbers are regional.

Options or packages do not affect the numbers.

Use the pricing tools at the top of the page (make / model / year) to get target prices.

hades1

Michaell said:

What state is this? Kia numbers are regional.

Options or packages do not affect the numbers.

Use the pricing tools at the top of the page (make / model / year) to get target prices.

New York,

Can you also give me the numbers for the LX 24/36/48 12K I want to compare the LX and the EX prices

Thanks