2016 Kia Optima Lease Questions

Michaell

neothin87 said:

Probably leasing my first car ever this weekend.  This is my current offer from the dealer. How's it look? Anything I should work on negotiating? 

Price     $34,366.78                                      
Trade Allowance $12,500
Payoff  $12,000
Money factor  .00023
Dealer Fee $799
Acquistion fee $595
Tag Fee/ tax /Government fees $1131.20
Residual .51
Residual buyout $18,890.40

36 months $475 with $0 Down
36 months $417 with $2,000 Down

What state? What trim? What is the breakdown of the $2000 due at signing? What is the MSRP?

Not enough information to tell you if this is a good deal or not.

neothin87

2 posts up,  sxl in florida.  Not sure what you mean a breakdown of the 2k? Msrp is 37 or so 

Michaell

neothin87 said:

2 posts up,  sxl in florida.  Not sure what you mean a breakdown of the 2k? Msrp is 37 or so 

Is the $2000 being used as down payment or to cover the up front taxes and fees?

As is, your prices result in a payment of $469/mo assuming 6% sales tax.

tonyg2016

optima sales less than 10k for Feb 2016 is not good. any increase in lease incentives for March. LX model, 36 months, 10k and 12k miles per year, Ohio. I prefer sonata but worth a look if the price is right...

Michaell

tonyg2016 said:

optima sales less than 10k for Feb 2016 is not good. any increase in lease incentives for March. LX model, 36 months, 10k and 12k miles per year, Ohio. I prefer sonata but worth a look if the price is right...

36/12 on 2015 Optima LX - .00045 and 58%. $1600 lease cash.

Add 1% for 10K

tonyg2016

i assume you meant 2016?

Michaell

tonyg2016 said:

i assume you meant 2016?

Sorry, typo on my part. Yes, model year 2016.

davetpa

Hi I am looking for numbers on 2016 SXL Turbo 15/36 in Fl. Also any additional lease cash, incentives, etc..
Thank you.

Michaell

davetpa said:

Hi I am looking for numbers on 2016 SXL Turbo 15/36 in Fl. Also any additional lease cash, incentives, etc..
Thank you.

.00012 and 52%. $1600 lease cash.

spacewrrr

Michaell said:

tonyg2016 said:

optima sales less than 10k for Feb 2016 is not good. any increase in lease incentives for March. LX model, 36 months, 10k and 12k miles per year, Ohio. I prefer sonata but worth a look if the price is right...

36/12 on 2015 Optima LX - .00045 and 58%. $1600 lease cash.

Add 1% for 10K

Are these numbers the same for SoCal? or are they national?

Michaell

spaceworm said:

optima sales less than 10k for Feb 2016 is not good. any increase in lease incentives for March. LX model, 36 months, 10k and 12k miles per year, Ohio. I prefer sonata but worth a look if the price is right...

36/12 on 2015 Optima LX - .00045 and 58%. $1600 lease cash. Add 1% for 10K

Are these numbers the same for SoCal? or are they national?

Kia numbers are regional, but Ohio and California share the same numbers 

raymos24

Hey again, 
I'm looking for numbers on a 2016 LX turbo for 24months\10k in MA. 

Michaell

raymos24 said:

Hey again, 
I'm looking for numbers on a 2016 LX turbo for 24months\10k in MA. 

.00008 and 60%. $2800 lease cash.

carinatl

Hi, I'm looking for numbers on 2016 EX 12/36 in Florida please.

Michaell

carinatl said:

Hi, I'm looking for numbers on 2016 EX 12/36 in Florida please.

.00067 and 57%. $1600 lease cash.

jaynyone

Looking for figures on a 2016 EX. 36/12 in Florida. I see the number above, but I think I'd fall in to Lease Tier 2 with a FICO of 660-665.

kyfdx

jaynyone said:

Looking for figures on a 2016 EX. 36/12 in Florida. I see the number above, but I think I'd fall in to Lease Tier 2 with a FICO of 660-665.

.00067 MF and 57% residual. $1600 lease cash.

.00137 MF for 660-679 score.

jaynyone

kyfdx said:

jaynyone said:

Looking for figures on a 2016 EX. 36/12 in Florida. I see the number above, but I think I'd fall in to Lease Tier 2 with a FICO of 660-665.

.00067 MF and 57% residual. $1600 lease cash.

.00137 MF for 660-679 score.

Wow...that MF is considerably higher. Thanks for the quick response!

klnmcmg

MF and RV for Optima SX in NC?  36/12, 36/15

Michaell

klnmcmg said:

MF and RV for Optima SX in NC?  36/12, 36/15

36/12 - .00056 and 57%. $1600 lease cash.

Subtract 2% for 15K

klnmcmg

thank you. What about for 24/12?

Michaell

klnmcmg said:

thank you. What about for 24/12?

.00061 and 62%. $2800 lease cash.

klnmcmg

Thanks again. 

mwolf88

Can I get the Dallas Texas residual and MF for a 2016 Kia Optima SX for 24/15 & 36/15, please? Any lease cash? Thank you

Michaell

mwolf88 said:

Can I get the Dallas Texas residual and MF for a 2016 Kia Optima SX for 24/15 & 36/15, please? Any lease cash? Thank you

24/15 - .00061 and 60%. $2800 lease cash
36/15 - .00056 and 55%. $1600 lease cash

Current Kia numbers are valid until 5/2/16

mwolf88

Thank you. And is Lease Cash subtracted from Cap Cost, or is it divided by lease term and added to monthly payment?

Michaell

mwolf88 said:

Thank you. And is Lease Cash subtracted from Cap Cost, or is it divided by lease term and added to monthly payment?

Lease cash in an incentive that can be used to either reduce the cap cost (similar to a rebate) or to offset the upfront costs of the lease (bank fee, dealer fee, etc.).

drichnv

Looking for the numbers on a 2016 SX 24/10 and 36/10 with good credit in Nevada. Thank you for the great service.

Michaell

drichnv said:

Looking for the numbers on a 2016 SX 24/10 and 36/10 with good credit in Nevada. Thank you for the great service.

No 10K leases for 24 month terms from Kia.

24/12 - .00061 and 62%. $2800 lease cash.
36/10 - .00056 and 58%. $1600 lease cash

Numbers are valid through 5/2/16.

drichnv

Thanks Michael, would the 2016 Optima EX be the same as the SX or could you also give me those numbers for Nevada? 24/12 and 36/10? Thank you.

Michaell

drichnv said:

Thanks Michael, would the 2016 Optima EX be the same as the SX or could you also give me those numbers for Nevada? 24/12 and 36/10? Thank you.

EX -
24/12 - .00098 and 62%. $2800 lease cash.
36/10 - .00067 and 58%. $1600 lease cash.

meltedmud

I am looking for Numbers for the following models.
2016 EX with premium and tech package, Louisiana

also is the residual % negotiable

kyfdx

meltedmud said:

I am looking for Numbers for the following models.
2016 EX with premium and tech package, Louisiana

also is the residual % negotiable

.00067 MF and 57% residual. $1600 lease cash. 36mo, 12K/yr

Residual percentage is set by the leasing bank and not negotiable.

worcester90

Hi, also looking at an Optima. Could I have the numbers for the LX-T & SX, for 24/12 & 36/12? Thanks!

Michaell

worcester90 said:

Hi, also looking at an Optima. Could I have the numbers for the LX-T & SX, for 24/12 & 36/12? Thanks!

24/12
LX-T - .00008 and 59%
SX - .00061 and 62%
$2800 lease cash

36/12
LX-T - .00003 and 54%
SX - .00056 and 57%
$1600 lease cash

3melo1980

How about an SX and SXL turbo in NC 24/12 or 36/12? Thanks

Michaell

3melo1980 said:

How about an SX and SXL turbo in NC 24/12 or 36/12? Thanks

24/12
SX - .00061 and 62%. $2800 lease cash
SXL - .00020 and 59%. $3500 lease cash

36/12
SX - .00056 and 57%. $1600 lease cash
SXL - .00012 and 54%. $1600 lease cash

132nick

Looking for April numbers for LX 2.4L, LX 1.6T, & EX for 24/12 & 36/12 in South Florida. Thanks.

Michaell

132nick said:

Looking for April numbers for LX 2.4L, LX 1.6T, & EX for 24/12 & 36/12 in South Florida. Thanks.

24/12
LX - .00091 and 63%
LX-T - .00008 and 59%
EX - .00098 and 62%
$2800 lease cash

36/12
LX - .00046 and 58%
LX-T - .00003 and 54%
EX - .00067 and 57%
$1600 lease cash

carfan74

MF, Residual and lease cash, please on Optima EX in NY. 36/12k and 36/10k lease. Thanks!

Michaell

carfan74 said:

MF, Residual and lease cash, please on Optima EX in NY. 36/12k and 36/10k lease. Thanks!

36/12 - .00067 and 57%. $1600 lease cash.

carfan74

Thanks. Any difference for the 36/10 or are they not doing one?

Michaell

carfan74 said:

Thanks. Any difference for the 36/10 or are they not doing one?

Add 1% to the residual for 10k

g6leaser

MF, Residual and lease cash, please on Optima SX Limited in NJ - 36/12. Thanks!

g6leaser

Turbo please

Michaell

g6leaser said:

MF, Residual and lease cash, please on Optima SX Limited in NJ - 36/12. Thanks!

g6leaser said:

Turbo please

.00012 and 54%. $1600 lease cash.

snhugolf18

What would my payment be with the following figures:

MSRP: $25,295
Cap Cost: $21,807
36 Months/12k Miles
.00099 MF with 58% Res I believe.

I live in Virginia.

Thanks!

kyfdx

snhugolf18 said:

What would my payment be with the following figures:

MSRP: $25,295
Cap Cost: $21,807
36 Months/12k Miles
.00099 MF with 58% Res I believe.

I live in Virginia.

Thanks!

$234/mo.

g6leaser

Can I get MF/Residual (lease cash) 2016 Optima SX and SXL - 36/12?
Thanks!

Michaell

g6leaser said:

Can I get MF/Residual (lease cash) 2016 Optima SX and SXL - 36/12?
Thanks!

What state?