Sure! MSRP was $42,535. Agreed upon price of the vehicle was $38,000 + $404 worth of "dealer extras" like paint protection, leather ding protection, and an alarm think they refused take off + $595 acquisition fee they refused to waive = $38,999.
Lease term: 36 Month Lease/15,000 miles per year
Drive off out of pocket = $3000. Monthly Payment = $328.24 + $25.48 tax @7.75% = $354.22
Capitalized Cost Reduction = 8037.89 Residual Value at end of lease = 20842.15
Thanks for the help previously. Does the MF on a Sorento 2017 change based on what dollar amount you put down? Is zero down a different rate than $3000?
I think the rates changed starting November 1st. Could you let me know if the following are still the same?
Thanks for the help previously. Does the MF on a Sorento 2017 change based on what dollar amount you put down? Is zero down a different rate than $3000?
I think the rates changed starting November 1st. Could you let me know if the following are still the same?
I was offered a 2017 kia sorento 2.4lx model which after rebates msrp was at 25k. 36/12 was at 230+tax with $1000 down for miami, FL which included first month payments. Was that considered a good deal? First time posting here so trying to catch up on lingo and needed data.
I was offered a 2017 kia sorento 2.4lx model which after rebates msrp was at 25k. 36/12 was at 230+tax with $1000 down for miami, FL which included first month payments. Was that considered a good deal? First time posting here so trying to catch up on lingo and needed data.
Trying to lower our monthly payment by going from Sportage (financed) to Sorrento lease. 36/12k, MSRP is $31135, $1200 in equity on the trade in MA (zip 02184).
Dealer's lease terms right now put us with a flat $300/mo payment with about $1150 down + first month's payment. Credit 695+710. Seems like a lot of upfront given the trade value. Think there's something I'm missing here based on current MF/RV? This dealer gives me a bad vibe but wife is committed.
Trying to lower our monthly payment by going from Sportage (financed) to Sorrento lease. 36/12k, MSRP is $31135, $1200 in equity on the trade in MA (zip 02184).
Dealer's lease terms right now put us with a flat $300/mo payment with about $1150 down + first month's payment. Credit 695+710. Seems like a lot of upfront given the trade value. Think there's something I'm missing here based on current MF/RV? This dealer gives me a bad vibe but wife is committed.
What is the adjusted CAP cost on the lease offer?
You rarely save any money by getting a new car to lower your payment. At least not in the long run.
Hello! Could you tell me RV, MF, and incentives for the following in Arkansas, with 36/15? I have no experience with leasing, so if you happen to know of any disadvantage of leasing a 2017 vs. a 2018 Sorento, I'd love to hear it! 2017: SX V6 Thanks!
Hello! Could you tell me RV, MF, and incentives for the following in Arkansas, with 36/15? I have no experience with leasing, so if you happen to know of any disadvantage of leasing a 2017 vs. a 2018 Sorento, I'd love to hear it! 2017: SX V6 Thanks!
FWD or AWD?
Lease numbers are likely worse, but the discounts from sticker are probably bigger.
Hello! Could you tell me RV, MF, and incentives for the following in Arkansas, with 36/15? I have no experience with leasing, so if you happen to know of any disadvantage of leasing a 2017 vs. a 2018 Sorento, I'd love to hear it! 2017: SX V6 Thanks!
FWD or AWD?
Lease numbers are likely worse, but the discounts from sticker are probably bigger.
Hello! Could you tell me RV, MF, and incentives for the following in Arkansas, with 36/15? I have no experience with leasing, so if you happen to know of any disadvantage of leasing a 2017 vs. a 2018 Sorento, I'd love to hear it! 2017: SX V6 Thanks!
FWD or AWD?
Lease numbers are likely worse, but the discounts from sticker are probably bigger.
I have a question about Kia leases. Do you happen to know what the difference is between an Option Plan and a regular lease? The salesperson is saying that we would "own" the car with the option plan and would still have the option to either turn in the car or finance the residual at the end of the 3-year period. The lease money was a little better with the option plan as well. Is this just a loan with a balloon payment? Thanks for any insight you might share on this!
I have a question about Kia leases. Do you happen to know what the difference is between an Option Plan and a regular lease? The salesperson is saying that we would "own" the car with the option plan and would still have the option to either turn in the car or finance the residual at the end of the 3-year period. The lease money was a little better with the option plan as well. Is this just a loan with a balloon payment? Thanks for any insight you might share on this!
I think the description given is accurate - usually used in states where the entire lease price is subject to sales tax.
I have a question about Kia leases. Do you happen to know what the difference is between an Option Plan and a regular lease? The salesperson is saying that we would "own" the car with the option plan and would still have the option to either turn in the car or finance the residual at the end of the 3-year period. The lease money was a little better with the option plan as well. Is this just a loan with a balloon payment? Thanks for any insight you might share on this!
I think the description given is accurate - usually used in states where the entire lease price is subject to sales tax.
Where do you live?
We live in Arkansas. Is there any disadvantage to the Option Plan vs. Regular Lease? The salesperson pointed out these advantages: $0 deposit, no payment for 45 days, 3% interest and we would not pay as much sales tax on the next car since we "own" this car and in Arkansas we pay sales tax on the net-new cost of a car. Those all sound good, but I'm sure there is some downside.
I have a question about Kia leases. Do you happen to know what the difference is between an Option Plan and a regular lease? The salesperson is saying that we would "own" the car with the option plan and would still have the option to either turn in the car or finance the residual at the end of the 3-year period. The lease money was a little better with the option plan as well. Is this just a loan with a balloon payment? Thanks for any insight you might share on this!
I think the description given is accurate - usually used in states where the entire lease price is subject to sales tax.
Where do you live?
We live in Arkansas. Is there any disadvantage to the Option Plan vs. Regular Lease? The salesperson pointed out these advantages: $0 deposit, no payment for 45 days, 3% interest and we would not pay as much sales tax on the next car since we "own" this car and in Arkansas we pay sales tax on the net-new cost of a car. Those all sound good, but I'm sure there is some downside.
I believe Arkansas is a state where the full selling price is subject to tax, even on a lease.
I don't think there is a downside - it works the same as a lease. Lower monthly payments, then a buyout figure at the end. The tax advantages alone might be worth it.
Comments
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 / 2024 Kia Sportage Hybrid SX Prestige
Zip: 55344
$6500 lease cash
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 / 2024 Kia Sportage Hybrid SX Prestige
AWD: .00121 MF and 53% residual
$5700 lease cash
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
36/15 - .00128 and 50%; $5700 lease cash
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 / 2024 Kia Sportage Hybrid SX Prestige
thank you
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
EX: .00121 MF and 51% residual
$5700 lease cash
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
The 2018 Sorento lease thread is here:
https://forums.edmunds.com/discussion/45845/kia/sorento/2018-kia-sorento-lease-deals-and-prices#latest
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 / 2024 Kia Sportage Hybrid SX Prestige
Can you give me the MF and Residual and lease cash in SoCal (92821) for:
2017 EX FWD
2017 EX AWD
2017 SX FWD
2017 SX AWD
Looking at a 36/12k lease.
I know this is a lot of information to ask, so thank you in advance!
.00129 MF and 52% residual
.00123 MF and 53%
.00116 MF and 51%
.00092 MF and 51%
$5700/$6500 lease cash on EX/SX
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
I see the southern California leasing for the 2017 SX AWD but I did not see the northern California MF, Residual and Lease Cash. Could you help with
2017 SX AWD Northern California Zip 94560 36/12
Thanks for your time.
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 / 2024 Kia Sportage Hybrid SX Prestige
I think the rates changed starting November 1st. Could you let me know if the following are still the same?
Rates expiring Oct 31st.
California
SX AWD 36/12 - 0.00092/51%/$6500
SXL AWD 36/12 - 0.00018/49%/$6500
Thx,
Matt
SXL: .00180 MF and 47% residual. $10,300 lease cash
Money down does not matter.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
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 / 2024 Kia Sportage Hybrid SX Prestige
.00182 MF and 47% residual. $7730 lease cash
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
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 / 2024 Kia Sportage Hybrid SX Prestige
36/10k
24/10k
36/12k
24/12k
24/12 - .00186 and 54%; $9100 lease cash
36/12 - .00181 and 49%; $8500 lease cash; add 1% for 36/10
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 / 2024 Kia Sportage Hybrid SX Prestige
I was offered a 2017 kia sorento 2.4lx model which after rebates msrp was at 25k. 36/12 was at 230+tax with $1000 down for miami, FL which included first month payments. Was that considered a good deal? First time posting here so trying to catch up on lingo and needed data.
Thanks for the help
Congrats, and enjoy!
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 / 2024 Kia Sportage Hybrid SX Prestige
Dealer's lease terms right now put us with a flat $300/mo payment with about $1150 down + first month's payment. Credit 695+710. Seems like a lot of upfront given the trade value. Think there's something I'm missing here based on current MF/RV? This dealer gives me a bad vibe but wife is committed.
You rarely save any money by getting a new car to lower your payment. At least not in the long run.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
What's MF/RV for 36/12k and what kind of lease cash and discounts can I expect?
Thanks in advance!
$9230 lease cash
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 / 2024 Kia Sportage Hybrid SX Prestige
I have no experience with leasing, so if you happen to know of any disadvantage of leasing a 2017 vs. a 2018 Sorento, I'd love to hear it!
2017: SX V6
Thanks!
Lease numbers are likely worse, but the discounts from sticker are probably bigger.
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 / 2024 Kia Sportage Hybrid SX Prestige
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 / 2024 Kia Sportage Hybrid SX Prestige
SX AWD - .00195 and 48%; $9430 lease cash
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 / 2024 Kia Sportage Hybrid SX Prestige
Where do you live?
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 / 2024 Kia Sportage Hybrid SX Prestige
I don't think there is a downside - it works the same as a lease. Lower monthly payments, then a buyout figure at the end. The tax advantages alone might be worth it.
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 / 2024 Kia Sportage Hybrid SX Prestige
State?
Trim?
Term?
Mileage allowance?
FWD or AWD?
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator