2015 Kia Soul EV Lease Numbers

leescott

Could I please have the rate and residual on the Soul EV + for 36/12K? Also, what is the amount of lease cash available. Thanks!

Michaell

leescott said:

Could I please have the rate and residual on the Soul EV + for 36/12K? Also, what is the amount of lease cash available. Thanks!

We don't have any lease numbers for the Soul EV, sorry.

leescott

Michaell said:

leescott said:

Could I please have the rate and residual on the Soul EV + for 36/12K? Also, what is the amount of lease cash available. Thanks!

We don't have any lease numbers for the Soul EV, sorry.

OK, thank you anyway.

carperso

Any update on the residuals for the 2016 soul EV

Michaell

carperso said:

Any update on the residuals for the 2016 soul EV

What state, lease term and miles per year?

carperso

California, 10k a year, 30 months, 36 months

Michaell

carperso said:

California, 10k a year, 30 months, 36 months

36/10 numbers:

EV - .00062 and 34%
EV + - .00090 and 35%

$11,000 lease cash

No 30 month programs

sfromwa

Can I get lease numbers for the 2016 Soul Ev, base and + trims, 36/10 and 36/12, Washington state?

Thanks!

Michaell

sfromwa said:

Can I get lease numbers for the 2016 Soul Ev, base and + trims, 36/10 and 36/12, Washington state?

Thanks!

36/12
Base - .00043 and 41%
Plus - .00041 and 41%

$11,000 lease cash

Add 1% for 10K

sfromwa

I ended up getting a Soul EV+ with the fun & sun package for $743 down, $240 per month, on a 36/12 lease. I got the sales price under $35K, so the lease is sales tax exempt in Washington state.

Michaell

sfromwa said:

I ended up getting a Soul EV+ with the fun & sun package for $743 down, $240 per month, on a 36/12 lease. I got the sales price under $35K, so the lease is sales tax exempt in Washington state.

Congrats! Enjoy the new Kia!

tifighter

Don't see a 16 section. Could I get residuals and MF for the 2016 Soul EV for 24/12k and 36/12k? Although Edmunds does not show any incentives, local dealer sites are showing some big lease cash incentives this month.

kyfdx

tifighter said:

Don't see a 16 section. Could I get residuals and MF for the 2016 Soul EV for 24/12k and 36/12k? Although Edmunds does not show any incentives, local dealer sites are showing some big lease cash incentives this month.

Unfortunately, we don't seem to have the EV numbers for May.

tifighter

Ahh, thanks for looking. Have you ever heard of Kia dealers marking up money factors?

An area dealer is listing $12500 lease cash available on these in May. I'm sure $7500 of that is the federal rebate, but that's still a hefty cut. It gets the gears turning...

kyfdx

tifighter said:

Ahh, thanks for looking. Have you ever heard of Kia dealers marking up money factors?

An area dealer is listing $12500 lease cash available on these in May. I'm sure $7500 of that is the federal rebate, but that's still a hefty cut. It gets the gears turning...

They can mark it up by .00040, in general. There may be specific models where mark-ups are not allowed.

tifighter

Checking to see if any EV+ numbers were put out for June? I know there was nothing for May.

Michaell

tifighter said:

Checking to see if any EV+ numbers were put out for June? I know there was nothing for May.

Sorry, nothing for June either. The May numbers simply carried over

ethand

Are the May numbers still in effect for July as well?

kyfdx

ethand said:

Are the May numbers still in effect for July as well?

We have some new numbers.

California? Or, elsewhere?

ethand

New numbers for Oregon, please.

Michaell

ethand said:

New numbers for Oregon, please.

What trim (base or +)?

What lease term and how many miles per year?

ethand

2016 Soul EV +

36 months @ 12K miles/year

Michaell

ethand said:

2016 Soul EV +

36 months @ 12K miles/year

.00041 and 38%. $13,000 lease cash

ethand

Thanks very much, Michaell! If I may ask a follow up: of the "$13,000 lease cash" is that broken down into a portion of which = the $7,500 federal tax credit?

Michaell

ethand said:

Thanks very much, Michaell! If I may ask a follow up: of the "$13,000 lease cash" is that broken down into a portion of which = the $7,500 federal tax credit?

That would be a safe assumption. 

kyfdx

ethand said:

Thanks very much, Michaell! If I may ask a follow up: of the "$13,000 lease cash" is that broken down into a portion of which = the $7,500 federal tax credit?

The federal tax credit goes to the bank, who owns the vehicle. So, the tax credit is why they can offer a large rebate, but you aren't actually getting the tax credit. You are just getting a rebate.

ethand

My question was aimed at determining the actual dollar amount that originates from the manufacturer and/or dealer. So "$13,000 lease cash" equals $5,500 from Kia and/or a dealer. Not $10,000 as several have claimed.

ethand

Yet another follow up question: the residual value dropped 3 percentage points from 41 in May to 38 in July. Does Kelley Blue Book wholesale value research show some precipitous decline in residual values for the Kia Soul three years from now? Tesla Model 3 production may be ramped up by then, Nissan next-gen Leafs may be on the road. Or is Kia also planning a longer-range Soul EV?

kyfdx

ethand said:

My question was aimed at determining the actual dollar amount that originates from the manufacturer and/or dealer. So "$13,000 lease cash" equals $5,500 from Kia and/or a dealer. Not $10,000 as several have claimed.

You also may have a discount from the dealer, in addition to the rebate.

kyfdx

ethand said:

Yet another follow up question: the residual value dropped 3 percentage points from 41 in May to 38 in July. Does Kelley Blue Book wholesale value research show some precipitous decline in residual values for the Kia Soul three years from now? Tesla Model 3 production may be ramped up by then, Nissan next-gen Leafs may be on the road. Or is Kia also planning a longer-range Soul EV?

It's typical for most residuals. They drop, as time progresses. Generally, they will make other adjustments to the lease program to make up for that, to keep payments in the same range as before

ethand

Thank you both for helpful posts and information.

dsmking2

Could I please have the 36 month/ 12k miles numbers for the Soul EV Base in Massachusetts?

Thanks in advance. 

kyfdx

dsmking2 said:

Could I please have the 36 month/ 12k miles numbers for the Soul EV Base in Massachusetts?

Thanks in advance. 

.00080 MF and 34% residual. $14,500 lease cash

dsmking2

Thanks!  That's a pretty significant change from earlier in July. Is that due to the different state or adjusting residual downward for all states?

I am OK with the lower residual but wish that the money factor didn't rise so much. 

kyfdx

dsmking2 said:

Thanks!  That's a pretty significant change from earlier in July. Is that due to the different state or adjusting residual downward for all states?

I am OK with the lower residual but wish that the money factor didn't rise so much. 

Looks like the earlier member was given numbers for the 2016 model.

I gave you numbers for the 2015 model.

dsmking2

Ah, that makes more sense. What are the 2016 numbers for the base (non plus) Soul EV 36 month @ 12k miles?

Michaell

dsmking2 said:

Ah, that makes more sense. What are the 2016 numbers for the base (non plus) Soul EV 36 month @ 12k miles?

2016 Soul Base EV 36/12 - .00048 and 38%. $13,000 lease cash.

dsmking2

Thanks for the numbers - it is very helpful. Does 15k miles just drop the residual a few points?

kyfdx

dsmking2 said:

Thanks for the numbers - it is very helpful. Does 15k miles just drop the residual a few points?

Subtract 2% from 12K/yr residuals

seeingsienna

Could you please post the MF and residual for a 2016 EV in New Jersey on a 36 month 10K and 12 K lease thank you. HK

kyfdx

seeingsienna said:

Could you please post the MF and residual for a 2016 EV in New Jersey on a 36 month 10K and 12 K lease thank you. HK

2016: .00048 MF and 39%/38% residual. $13,000 lease cash.

carperso

Can I have the december RV, MF and lease cash for
Soul and soul + 36/10 Bay area.
TIA

kyfdx

carperso said:

Can I have the december RV, MF and lease cash for
Soul and soul + 36/10 Bay area.
TIA

We don't have any numbers for the Soul EV, this month.

If it's the 2016 Soul that you are interested in, please post here:
http://forums.edmunds.com/discussion/41183/kia/soul/2016-kia-soul-lease-questions#latest

jark

Numbers for 2016 soul ev Base. 36/12 and 36/15. Los Angeles. Thanks.

kyfdx

jark said:

Numbers for 2016 soul ev Base. 36/12 and 36/15. Los Angeles. Thanks.

2016: .00112 MF and 34%/32% residual
$14,750 lease cash.

Subtract 1% for 39 month term.

momo97

Hello! Updated lease figures for February? MF in Bay Area as well as 36/10 and 39/10 residuals. Thanks!

kyfdx

momo97 said:

Hello! Updated lease figures for February? MF in Bay Area as well as 36/10 and 39/10 residuals. Thanks!

Numbers haven't changed since January

2016: .00112 MF and 35%/34% residual for 36/39 months
$14,750 lease cash

r0ger__

Any update on these numbers for March 2017? This is for a 2016 EV+ 12k/36mo

Michaell

r0ger__ said:

Any update on these numbers for March 2017? This is for a 2016 EV+ 12k/36mo

We do not have any lease numbers for the 2016 Soul EV.

wibotwi

Do you have numbers for Soul EV+ for May/June for 36/30 and 36/12? State is NJ.

kyfdx

wibotwi said:

Do you have numbers for Soul EV+ for May/June for 36/30 and 36/12? State is NJ.

Which model year?