-June 2024 Special Lease Deals-

2024 Chevy Blazer EV lease from Bayway Auto Group Click here

2024 Jeep Grand Cherokee lease from Mark Dodge Click here

2025 Ram 1500 Factory Order Discounts from Mark Dodge Click here
Options

Leasing a 2016 Kia Sorento EX Turbo

wuppadicewuppadice Member Posts: 2
edited April 2016 in Kia
What is MF, RV, and monthly lease amount for leasing a 2016 Sorento EX in Buffalo NY? 36/12,000 MSRP is $34,075 and selling price $32,964. $2500 rebate and $595 acq fee. $1,000 cash down and & $3000 Trade in for 2007 Kia Sedona? Credit rate is 790. Thank you.

Answers

  • Options
    wuppadicewuppadice Member Posts: 2
    Turbo engine 
  • Options
    kyfdxkyfdx Moderator Posts: 241,469
    FWD or AWD?

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Options
    jv77777jv77777 Member Posts: 9
    2016 KS Ex FWD tech packg in FL MSRP $35840
    36/12k $1758 down $350 + tax mf .00114  RV 61%
    please let me know if this is a good deal?
    also please let know MF and RV on the SX model the same options?
    thanks
  • Options
    MichaellMichaell Moderator Posts: 244,185
    jv77777 said:

    2016 KS Ex FWD tech packg in FL MSRP $35840
    36/12k $1758 down $350 + tax mf .00114  RV 61%
    please let me know if this is a good deal?
    also please let know MF and RV on the SX model the same options?
    thanks

    Which engine?

    What is the selling price on the EX?

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Options
    jv77777jv77777 Member Posts: 9
    The engine is the 2.0 turbo selling price is $32500 for EX with tech pkg.
    thank you
  • Options
    MichaellMichaell Moderator Posts: 244,185
    jv77777 said:

    2016 KS Ex FWD tech packg in FL MSRP $35840
    36/12k $1758 down $350 + tax mf .00114  RV 61%
    please let me know if this is a good deal?
    also please let know MF and RV on the SX model the same options?
    thanks

    jv77777 said:

    The engine is the 2.0 turbo selling price is $32500 for EX with tech pkg.
    thank you

    36/12 lease numbers for the EX FWD 2.0T are .00129 and 56%. There is $3500 lease cash, so you are not getting any discount from sticker nor are you getting all of the lease cash.

    SX FWD 36/12 - .00137 and 58%. $3400 lease cash.

    Given that neither your MF or RV match what I've just shared, I wonder if this is a 3rd party lease rather than one through Kia Motors Finance. Dealer can't adjust the residual.

    Using my lease numbers with your prices, I get $413/mo before tax. Using your lease numbers (61% and .00114), I get $357/mo plus tax.

    What does the $1758 due at signing cover?

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Options
    jv77777jv77777 Member Posts: 9
    This is a dealer here in FL. I'm not sure what that cover. I will have to ask. Sorry on the 2.0 T EX FWD MSRP $35000
    please let me know,
    Thanks
  • Options
    MichaellMichaell Moderator Posts: 244,185
    jv77777 said:

    This is a dealer here in FL. I'm not sure what that cover. I will have to ask. Sorry on the 2.0 T EX FWD MSRP $35000
    please let me know,
    Thanks

    You want to negotiate the best selling price, taking into account the available lease cash. Use the "make / model / year" pull downs at the top of the page to link to the price tools.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Options
    felipe07txfelipe07tx Member Posts: 46
    Helping out a family member. I'd like to know MF, residual and any lease cash on 2016 Sorento EX AWD 2.0T and 3.3 for Indiana if possible. Much appreciated!
  • Options
    kyfdxkyfdx Moderator Posts: 241,469

    Helping out a family member. I'd like to know MF, residual and any lease cash on 2016 Sorento EX AWD 2.0T and 3.3 for Indiana if possible. Much appreciated!

    36/12

    2.0T: .00128 MF and 57% residual. $3500 lease cash
    3.3: .00132 MF and 59% residual. $3000 lease cash

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

Sign In or Register to comment.