2016 Kia Sorento Lease Questions

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  • tradestoomuchtradestoomuch Member Posts: 3
    Anyone know the money factor and residual for 2016 Sorento EX FWD? 36/12, 36/15, 42/12, 42/15??

    Which credit bureau score do they use? My Eqfx is 688 which is tier 3 most likely.
  • tradestoomuchtradestoomuch Member Posts: 3
    in Florida...if that matters
  • tradestoomuchtradestoomuch Member Posts: 3
    and 2.0t ;)
  • kyfdxkyfdx Moderator Posts: 267,880
    tradestoomuch said:

    Anyone know the money factor and residual for 2016 Sorento EX FWD? 36/12, 36/15, 42/12, 42/15??

    Which credit bureau score do they use? My Eqfx is 688 which is tier 3 most likely.

    tradestoomuch said:

    and 2.0t ;)

    tradestoomuch said:

    in Florida...if that matters

    .00080 MF and 58% for 36mo, 12K/yr. $500 lease cash.
    Subtract 2% for 15K/yr.

    Don't show a 42 month term, though it may be available.

    No idea on credit bureau. Kia shows 680-699 as Tier 4, and the rate is .00100. Tiers 1-3 are 700+ and get the base rate.

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  • iamgortiamgort Member Posts: 82
    edited April 2015
    Hey guys looking for 12K/year 24 and 36 month numbers on limited AWD. Have people been getting under invoice for selling price? (Virginia)
  • MichaellMichaell Moderator Posts: 265,143
    iamgort said:

    Hey guys looking for 12K/year 24 and 36 month numbers on limited AWD. Have people been getting under invoice for selling price? (Virginia)

    Which engine on the SXL - 2.0T or 3.3 V6?

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  • iamgortiamgort Member Posts: 82
    v6 please
  • MichaellMichaell Moderator Posts: 265,143
    iamgort said:

    Hey guys looking for 12K/year 24 and 36 month numbers on limited AWD V6. Have people been getting under invoice for selling price? (Virginia)

    SXL V6 AWD 24/12 - .00093 and 65%. $2500 lease cash.

    SXL V6 AWD 36/12 - .00081 and 57%. $1500 lease cash.

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  • mightyoregonmightyoregon Member Posts: 5
    I am interested in the fully loaded Limited AWD as well. What would be a great monthly payment for a 24 or a 36 month lease?
  • MichaellMichaell Moderator Posts: 265,143
    mightyoregon said:

    I am interested in the fully loaded Limited AWD as well. What would be a great monthly payment for a 24 or a 36 month lease?

    The biggest factor in determining your lease payment is the negotiated price you get. More off sticker = lower payment. We'd need to know both the MSRP and that negotiated price to model a payment for you.

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  • mightyoregonmightyoregon Member Posts: 5
    Hi! The negotiated price was $43,758 and MSRP was $48,035.
  • iamgortiamgort Member Posts: 82
    Have people been successfully getting selling price below invoice before cash back? I know when I bought my ML350 a few years ago the negotiating was wide open. My lease is up in January and I'm looking to get into a little bit more affordable SUV hence going from a Mercedes to potentially a Kia.
  • MichaellMichaell Moderator Posts: 265,143
    mightyoregon said:

    Hi! The negotiated price was $43,758 and MSRP was $48,035.

    Which engine -2.0T or V6?

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  • mightyoregonmightyoregon Member Posts: 5
    V6
  • MichaellMichaell Moderator Posts: 265,143
    mightyoregon said:

    V6

    2016 Sorento AWD SXL V6 -

    24/12 - .00093 and 65%. $2500 lease cash
    36/12 - .00081 and 57%. $1500 lease cash.
    mightyoregon said:

    Hi! The negotiated price was $43,758 and MSRP was $48,035.

    With your MSRP and selling price, the 24 month lease payment (pre-tax) is $592.03. The pre-tax payment for 36 months is $512.57.

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  • mightyoregonmightyoregon Member Posts: 5
    Awesome!  Thanks so much! 

    Would this be with a down payment of $0?
  • MichaellMichaell Moderator Posts: 265,143
    mightyoregon said:

    Awesome!  Thanks so much! 

    Would this be with a down payment of $0?

    Yes, my calculations assume $0 cap cost reduction. That is not the same thing as $0 due at lease signing, however. The up front costs include the first months payment, bank or acquisition fee, dealer fees and any state or local license or tag costs.

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  • sebastian10sebastian10 Member Posts: 72
    Hi, can I have numbers for 2016 EX, SX, SX-L AWD 2.0T in Chicago please? Thanks!
  • MichaellMichaell Moderator Posts: 265,143
    sebastian10 said:

    Hi, can I have numbers for 2016 EX, SX, SX-L AWD 2.0T in Chicago please? Thanks!

    What lease term and how many miles per year?

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  • sebastian10sebastian10 Member Posts: 72
    Michaell said:
    Hi, can I have numbers for 2016 EX, SX, SX-L AWD 2.0T in Chicago please? Thanks!
    What lease term and how many miles per year?
    I'm sorry, I deleted that info by accident. I meant EX and SX-L 24/12. 
  • MichaellMichaell Moderator Posts: 265,143
    sebastian10 said:


    Michaell said:

    sebastian10 said:

    Hi, can I have numbers for 2016 EX, SX, SX-L AWD 2.0T in Chicago please? Thanks!

    What lease term and how many miles per year?

    I'm sorry, I deleted that info by accident. I meant EX and SX-L 24/12. 

    EX 2.0T AWD - .00024 and 67%. $500 lease cash.
    SX V6 AWD - .00102 and 70%. $500 lease cash
    SX-L 2.0T AWD - .00044 and 63%. $2500 lease cash.

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  • ed2007ed2007 Member Posts: 4
    Hello, Anyone have the MF and Residual for SX V6 AWD in WA state? I'm getting quoted 0.00168 and 62% by the dealer, which doesn't seem that great. Thanks.
  • MichaellMichaell Moderator Posts: 265,143
    ed2007 said:

    Hello, Anyone have the MF and Residual for SX V6 AWD in WA state? I'm getting quoted 0.00168 and 62% by the dealer, which doesn't seem that great. Thanks.

    The current Kia numbers are valid until 5/4/15.

    Assuming 36/12, since you didn't specify.

    .00128 and 62%. $500 lease cash. Dealer can mark up the MF by .0004, which is what they are doing.

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  • ed2007ed2007 Member Posts: 4
    Michaell said:

    ed2007 said:

    Hello, Anyone have the MF and Residual for SX V6 AWD in WA state? I'm getting quoted 0.00168 and 62% by the dealer, which doesn't seem that great. Thanks.

    The current Kia numbers are valid until 5/4/15.

    Assuming 36/12, since you didn't specify.

    .00128 and 62%. $500 lease cash. Dealer can mark up the MF by .0004, which is what they are doing.
    Thanks Michaell. Yes 36/12 and there's the $500 lease cash on the table as well. 3% equiv APR seems better but not as good as some other numbers I've seen in this forum. Is that due to WA location? Do you have OR numbers to hand?
  • MichaellMichaell Moderator Posts: 265,143
    ed2007 said:

    Michaell said:

    ed2007 said:

    Hello, Anyone have the MF and Residual for SX V6 AWD in WA state? I'm getting quoted 0.00168 and 62% by the dealer, which doesn't seem that great. Thanks.

    The current Kia numbers are valid until 5/4/15.

    Assuming 36/12, since you didn't specify.

    .00128 and 62%. $500 lease cash. Dealer can mark up the MF by .0004, which is what they are doing.
    Thanks Michaell. Yes 36/12 and there's the $500 lease cash on the table as well. 3% equiv APR seems better but not as good as some other numbers I've seen in this forum. Is that due to WA location? Do you have OR numbers to hand?
    Numbers in Oregon are the same.

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  • iamgortiamgort Member Posts: 82
    Could somebody give the limited AWD (both models) numbers for 24/10k and 36/10K? Washington DC
  • MichaellMichaell Moderator Posts: 265,143
    iamgort said:

    Could somebody give the limited AWD (both models) numbers for 24/10k and 36/10K? Washington DC

    Kia numbers are valid through today (5/4/15):

    24/10:
    SXL V6 AWD - .00093 and 66%
    SXL 2.0T AWD - .00044 and 64%
    $2500 lease cash

    36/10:
    V6 - .00081 and 58%
    2.0T - .00045 and 56%
    $1500 lease cash

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  • glogronoglogrono Member Posts: 17
    edited May 2015
    Hello,
    Would anyone be able to post the numbers for 36/12 and 36/15 on an EX 2.0T 2-WD model? For Houston, TX.

    Thanks
  • kyfdxkyfdx Moderator Posts: 267,880
    glogrono said:

    Hello,
    Would anyone be able to post the numbers for 36/12 and 36/15 on an EX 2.0T 2-WD model? For Houston, TX.

    Thanks

    .00086 MF and 60%/58% residual

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  • little80little80 Member Posts: 15
    Crap did all of the incentives end? I just found a 2016 Sorento SXL with Tech and I see this. I hope not.
  • kyfdxkyfdx Moderator Posts: 267,880
    little80 said:

    Crap did all of the incentives end? I just found a 2016 Sorento SXL with Tech and I see this. I hope not.

    $1000 lease cash on 36 month terms for the SXL models

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  • iamgortiamgort Member Posts: 82
    Wishing the sorento was closer in pricing to the santa fe. The sorento looks so much better.
  • little80little80 Member Posts: 15
    I like the Santa fe but the car is for the wife and she does not like the Santaste fe at all.
  • harrisrydalharrisrydal Member Posts: 17
    Could i please get the terms for NY and PA. SXv6 and EXv6 w/ AWD. 36 months. Much thanks
  • MichaellMichaell Moderator Posts: 265,143
    harrisrydal said:

    Could i please get the terms for NY and PA. SXv6 and EXv6 w/ AWD. 36 months. Much thanks

    NY numbers for 36/12:
    SX V6 AWD - .00141 and 65%
    EX V6 AWD - .00133 and 65%

    No PA numbers available at this time.

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  • little80little80 Member Posts: 15
    edited May 2015
    Could I please get the current NJ numbers for 2016 Sorento SXL AWD V6 and SXL AWD 2.0T 36/12
  • kyfdxkyfdx Moderator Posts: 267,880
    little80 said:

    Could I please get the current NJ numbers for 2016 Sorento SXL AWD V6 and SXL AWD 2.0T 36/12

    V6: .00080 MF and 59% residual
    2.0T: .00063 MF and 58% residual.

    $1000 lease cash on either.

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  • mig42mig42 Member Posts: 13
    Any lease numbers for NJ for 2016 Sorento, LX, 4 cylinder, 7 seater, 36mo/12K miles, FWD?
    What should lease payment look like?
  • MichaellMichaell Moderator Posts: 265,143
    mig42 said:

    Any lease numbers for NJ for 2016 Sorento, LX, 4 cylinder, 7 seater, 36mo/12K miles, FWD?
    What should lease payment look like?

    .00086 and 62%. No lease cash.

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  • mig42mig42 Member Posts: 13
    mig42 said:

    Any lease numbers for NJ for 2016 Sorento, LX, 4 cylinder, 7 seater, 36mo/12K miles, FWD?
    What should lease payment look like?

    .00086 and 62%. No lease cash.
    I haven't leased in 4 years, what does .00086 and 62% mean? Can I figure out what monthly payment should be from these numbers?
  • lostthebeatlostthebeat Member Posts: 2
    Could I have the numbers for Florida, FWD LX? Thanks much.
  • MichaellMichaell Moderator Posts: 265,143
    lostthebeat said:

    Could I have the numbers for Florida, FWD LX? Thanks much.

    4-cylinder or V6? Lease term and miles per year?

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  • lostthebeatlostthebeat Member Posts: 2
    4-cylinder, 24 month, 24k
  • kyfdxkyfdx Moderator Posts: 267,880
    lostthebeat said:

    Could I have the numbers for Florida, FWD LX? Thanks much.

    lostthebeat said:

    4-cylinder, 24 month, 24k

    .00109 MF and 62% residual.

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  • sebastian10sebastian10 Member Posts: 72
    Can I have May numbers for FWD/AWD EX /SX/SXL 24/36 12k for Chicago please?
  • MichaellMichaell Moderator Posts: 265,143
    edited May 2015
    sebastian10 said:

    Can I have May numbers for FWD/AWD EX /SX/SXL 24/36 12k for Chicago please?

    Which engine? 2.4L or 3.3L or 2.0T?

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  • sebastian10sebastian10 Member Posts: 72
    Michaell said:
    Can I have May numbers for FWD/AWD EX /SX/SXL 24/36 12k for Chicago please?
    Which engine? 2.4L or 3.3L or 2.0T?
    2.0 and 3.3
  • MichaellMichaell Moderator Posts: 265,143
    sebastian10 said:


    Michaell said:

    sebastian10 said:

    Can I have May numbers for FWD/AWD EX /SX/SXL 24/36 12k for Chicago please?

    Which engine? 2.4L or 3.3L or 2.0T?

    2.0 and 3.3

    24/12
    EX FWD 2.0T - .00037 and 65%. $1000 lease cash
    EX AWD 2.0T - .00064 and 67%. $1000 lease cash
    EX FWD 3.3 - .00115 and 68%. $1000 lease cash
    EX AWD 3.3 - .00141 and 70%. $1000 lease cash
    SX FWD - .00131 and 68%. $1000 lease cash
    SX AWD - .00135 and 70%. $1000 lease cash
    SXL FWD 2.0T - .00041 and 62%. $2500 lease cash
    SXL AWD 2.0T - .00044 and 63%. $2500 lease cash
    SXL FWD 3.3 - .00063 and 63%. $2500 lease cash
    SXL AWD 3.3 - .00066 and 64%. $2500 lease cash

    36/12
    EX FWD 2.0T - .00086 and 60%
    EX AWD 2.0T - .00099 and 62%
    EX FWD 3.3 - .00138 and 63%
    EX AWD 3.3 - .00151 and 65%
    SX FWD - .00157 and 64%
    SX AWD - .00156 and 65%
    SXL FWD 2.0T - .00080 and 57%. $1000 lease cash
    SXL AWD 2.0T - .00078 and 58%. $1000 lease cash
    SXL FWD 3.3 - .00096 and 58%. $1000 lease cash
    SXL AWD 3.3 - .00095 and 59%. $1000 lease cash

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  • sebastian10sebastian10 Member Posts: 72
    Thank you. I appreciate your help! 
  • dustin1228dustin1228 Member Posts: 1
    Can I have  Arizona numbers for the limited v6 AWD/FWD? Thanks
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