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2017 Kia Sorento Lease Questions

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  • bsktball1985bsktball1985 Member Posts: 2
    edited February 2017
    Can I please get the current MF,  residuals, and lease cash for the Midwest (Kansas) 2017 Sorento SX v6 Fwd.

    Thank you in advance! 
  • MichaellMichaell Moderator Posts: 262,624

    Can I please get the current MF,  residuals, and lease cash for the Midwest (Kansas) 2017 Sorento SX v6 Fwd.

    Thank you in advance! 

    What lease term and how many miles per year?

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  • cavedyvrcavedyvr Member Posts: 9
    edited February 2017
    Hi,
    MF, residual and lease cash for 2017 Sorento sxl v6 in Raleigh NC?
    24/12
    FWD
    thanks!
  • MichaellMichaell Moderator Posts: 262,624
    cavedyvr said:

    Hi,
    MF, residual and lease cash for 2017 Sorento sxl v6 in Raleigh NC?
    24/12
    FWD
    thanks!

    .00051 and 58%. $6000 lease cash.

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  • PinkFloydFanPinkFloydFan Member Posts: 47
    edited February 2017
    so cal

    sorento lease 3/36 LX model, MF/residual

    also, does an option package on model affect MF/residual?

    TY in advance
  • MichaellMichaell Moderator Posts: 262,624
    tim_78 said:

    so cal

    sorento lease 3/36 LX model, MF/residual

    also, does an option package on model affect MF/residual?

    TY in advance

    4-cylinder or V6?

    FWD or AWD?

    Options or packages do not affect the numbers.

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  • PinkFloydFanPinkFloydFan Member Posts: 47
    edited February 2017
    Michaell said:

    tim_78 said:

    so cal

    sorento lease 3/36 LX model, MF/residual

    also, does an option package on model affect MF/residual?

    TY in advance

    4-cylinder or V6?

    FWD or AWD?

    Options or packages do not affect the numbers.
    sorry, Fwd and 4 cyl, incentives?
  • kyfdxkyfdx Moderator Posts: 266,064
    tim_78 said:

    Michaell said:

    tim_78 said:

    so cal

    sorento lease 3/36 LX model, MF/residual

    also, does an option package on model affect MF/residual?

    TY in advance

    4-cylinder or V6?

    FWD or AWD?

    Options or packages do not affect the numbers.
    sorry, Fwd and 4 cyl, incentives?
    .00052 MF and 54% residual for 36/12.
    $3000 lease cash

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  • argyleshepardargyleshepard Member Posts: 5
    edited February 2017
    Just wondering what you guys think of these numbers. I went in to check out a Sedona tonight, but they are dealing well on the Sorento and I'm interested to see if this is a good deal. This is on an LX 4 cylinder with the tech package.

    24/10k

    MSRP: 29875

    SALE PRICE: 24000 (after 3000 lease cash plus haggling)

    Residual: 59%

    MF: .00005

    Monthly cost: $275 tax in. 

    Heres why I'm curious if this is a good deal. They want $2500 up front, which they claim is $1800 inceptions and $700 cap cost reduction. $1800 sounds high for inceptions, but they are cutting me a check for the final month and disposition fee of my current lease ($815) so I'm guessing they're just making me pay it there. 




  • MichaellMichaell Moderator Posts: 262,624

    Just wondering what you guys think of these numbers. I went in to check out a Sedona tonight, but they are dealing well on the Sorento and I'm interested to see if this is a good deal. This is on an LX 4 cylinder with the tech package.

    24/10k

    MSRP: 29875

    SALE PRICE: 24000 (after 3000 lease cash plus haggling)

    Residual: 59%

    MF: .00005

    Monthly cost: $275 tax in. 

    Heres why I'm curious if this is a good deal. They want $2500 up front, which they claim is $1800 inceptions and $700 cap cost reduction. $1800 sounds high for inceptions, but they are cutting me a check for the final month and disposition fee of my current lease ($815) so I'm guessing they're just making me pay it there. 




    I get $268/mo plus tax with those numbers.

    Ask the dealer for the breakdown of the inceptions - we'd suggest you skip the $700 in cap reduction.

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  • argyleshepardargyleshepard Member Posts: 5
    Michaell said:
    Just wondering what you guys think of these numbers. I went in to check out a Sedona tonight, but they are dealing well on the Sorento and I'm interested to see if this is a good deal. This is on an LX 4 cylinder with the tech package.

    24/10k

    MSRP: 29875

    SALE PRICE: 24000 (after 3000 lease cash plus haggling)

    Residual: 59%

    MF: .00005

    Monthly cost: $275 tax in. 

    Heres why I'm curious if this is a good deal. They want $2500 up front, which they claim is $1800 inceptions and $700 cap cost reduction. $1800 sounds high for inceptions, but they are cutting me a check for the final month and disposition fee of my current lease ($815) so I'm guessing they're just making me pay it there. 




    I get $268/mo plus tax with those numbers. Ask the dealer for the breakdown of the inceptions - we'd suggest you skip the $700 in cap reduction.
    Thanks so much. I'll report back
  • kinetics14kinetics14 Member Posts: 19
    edited February 2017
    I think the numbers seem good on this offer I got for a 2017 EX V6 with both premium and tech package. Are 39 month rates better?
  • kyfdxkyfdx Moderator Posts: 266,064

    I think the numbers seem good on this offer I got for a 2017 EX V6 with both premium and tech package. Are 39 month rates better?

    Yes.. the 39 month program is basically the same as the 36 month program, giving you three months with no extra depreciation.

    I would pull the government fees out and pay them upfront, as they are non-taxable, and if you leave them in your payment, you'll pay sales tax on that amount (over the life of the lease).

    Upfront taxes must be on the rebate.

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  • kinetics14kinetics14 Member Posts: 19
    kyfdx said:

    I think the numbers seem good on this offer I got for a 2017 EX V6 with both premium and tech package. Are 39 month rates better?

    Yes.. the 39 month program is basically the same as the 36 month program, giving you three months with no extra depreciation.

    I would pull the government fees out and pay them upfront, as they are non-taxable, and if you leave them in your payment, you'll pay sales tax on that amount (over the life of the lease).

    Upfront taxes must be on the rebate.


    What is government fees exactly? So I should pay at drive off: 1st month, upfront taxes and govt fees?



    I got a new offer




    It's seems good to me. A little higher than what I calculated.
    Is the "total add ons" accessories they tacked on?

    Thanks for your help!
  • MichaellMichaell Moderator Posts: 262,624

    kyfdx said:

    I think the numbers seem good on this offer I got for a 2017 EX V6 with both premium and tech package. Are 39 month rates better?

    Yes.. the 39 month program is basically the same as the 36 month program, giving you three months with no extra depreciation.

    I would pull the government fees out and pay them upfront, as they are non-taxable, and if you leave them in your payment, you'll pay sales tax on that amount (over the life of the lease).

    Upfront taxes must be on the rebate.


    What is government fees exactly? So I should pay at drive off: 1st month, upfront taxes and govt fees?



    I got a new offer




    It's seems good to me. A little higher than what I calculated.
    Is the "total add ons" accessories they tacked on?

    Thanks for your help!
    I get the same payment with those numbers. If you're comfortable with the selling price, all looks good.

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  • argyleshepardargyleshepard Member Posts: 5
    Hey guys. Reporting back. This is the breakdown of the inceptions. To recap, this a for the Sorento LX with tech pkg (bigger screen, apple carplay etc. ). They also rolled in the last month of my current lease plus disposition fee into the monthly payments ($815). Does this look Kosher? ** Yes that's a high dealer fee, par for the course in South Fl
  • kinetics14kinetics14 Member Posts: 19
    edited February 2017
    I ended up with a different Trim when I got to the dealership.



    Overall, it seems like a good deal for me. This was a zero drive off deal.

    Thanks for all the help!

  • MichaellMichaell Moderator Posts: 262,624

    I ended up with a different Trim when I got to the dealership.



    Overall, it seems like a good deal for me. This was a zero drive off deal.

    Thanks for all the help!

    Congrats!

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  • MichaellMichaell Moderator Posts: 262,624
    edited February 2017

    Hey guys. Reporting back. This is the breakdown of the inceptions. To recap, this a for the Sorento LX with tech pkg (bigger screen, apple carplay etc. ). They also rolled in the last month of my current lease plus disposition fee into the monthly payments ($815). Does this look Kosher? ** Yes that's a high dealer fee, par for the course in South Fl

    What is the rental surcharge?

    You could add the dealer fee into the payment, as well. And, skip the $350 cap reduction. That will raise your payment but lower your up front costs.

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  • kyfdxkyfdx Moderator Posts: 266,064
    Michaell said:

    Hey guys. Reporting back. This is the breakdown of the inceptions. To recap, this a for the Sorento LX with tech pkg (bigger screen, apple carplay etc. ). They also rolled in the last month of my current lease plus disposition fee into the monthly payments ($815). Does this look Kosher? ** Yes that's a high dealer fee, par for the course in South Fl

    What is the rental surcharge?

    You could add the dealer fee into the payment, as well. And, skip the $350 cap reduction. That will raise your payment but lower your up front costs.
    The rental surcharge is a state fee, so the tax isn't collected upfront. (KY has that also).
    That "Tag Proc Fee" looks like another BS fee ($298). I don't think that's a government fee.
    Between the dealer fee and that fee, they are adding $1100 to your deal.

    Sheesh

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  • argyleshepardargyleshepard Member Posts: 5
    kyfdx said:
    Hey guys. Reporting back. This is the breakdown of the inceptions. To recap, this a for the Sorento LX with tech pkg (bigger screen, apple carplay etc. ). They also rolled in the last month of my current lease plus disposition fee into the monthly payments ($815). Does this look Kosher? ** Yes that's a high dealer fee, par for the course in South Fl
    What is the rental surcharge? You could add the dealer fee into the payment, as well. And, skip the $350 cap reduction. That will raise your payment but lower your up front costs.
    The rental surcharge is a state fee, so the tax isn't collected upfront. (KY has that also). That "Tag Proc Fee" looks like another BS fee ($298). I don't think that's a government fee. Between the dealer fee and that fee, they are adding $1100 to your deal. Sheesh
    Welcome to Miami lol
  • cellicecellice Member Posts: 53
    Interested in:
    Sorento AWD ELV6
    Sorento AWD SX V6
    Sorento AWD SXL V6

    Either for 24,36 or 39 month 10k/year in Maryland.

    Thanks for help!
  • MichaellMichaell Moderator Posts: 262,624
    cellice said:

    Interested in:
    Sorento AWD ELV6
    Sorento AWD SX V6
    Sorento AWD SXL V6

    Either for 24,36 or 39 month 10k/year in Maryland.

    Thanks for help!

    No 24/10 allowance available from Kia

    36/10 or 39/10
    EX - .00141 and 59%
    SX - .00114 and 58%
    SXL - .00051 and 55%

    $3000 lease cash for all

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  • rupterrupter Member Posts: 69
    Hello, Looking for 2017 LX V6 AWD numbers in PA 39/12...39/15. Might make a deal at the end of the month.

    Thanks
  • kyfdxkyfdx Moderator Posts: 266,064
    rupter said:

    Hello, Looking for 2017 LX V6 AWD numbers in PA 39/12...39/15. Might make a deal at the end of the month.

    Thanks

    .00115 MF and 58%/56% residual
    $3000 lease cash

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  • rupterrupter Member Posts: 69
    Thank you!
  • cellicecellice Member Posts: 53
    Michaell said:

    cellice said:

    Interested in:
    Sorento AWD ELV6
    Sorento AWD SX V6
    Sorento AWD SXL V6

    Either for 24,36 or 39 month 10k/year in Maryland.

    Thanks for help!

    No 24/10 allowance available from Kia

    36/10 or 39/10
    EX - .00141 and 59%
    SX - .00114 and 58%
    SXL - .00051 and 55%

    $3000 lease cash for all

    Do they offer 24/12?
  • MichaellMichaell Moderator Posts: 262,624
    cellice said:

    Michaell said:

    cellice said:

    Interested in:
    Sorento AWD ELV6
    Sorento AWD SX V6
    Sorento AWD SXL V6

    Either for 24,36 or 39 month 10k/year in Maryland.

    Thanks for help!

    No 24/10 allowance available from Kia

    36/10 or 39/10
    EX - .00141 and 59%
    SX - .00114 and 58%
    SXL - .00051 and 55%

    $3000 lease cash for all

    Do they offer 24/12?
    Yes, yes they do:

    EX - .00097 and 64%. $4000 lease cash
    SX - .00112 and 63%. $5000 lease cash
    SXL - .00056 and 60%. $6000 lease cash

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  • pplppp23pplppp23 Member Posts: 1
    Hello, Interested in LX V4 FWD and LX V6 AWD numbers for 24 months. 12k miles. 740+ credit. WA state (98033).

    LX V4 FWD MSRP 31880
    LX V6 AWD MSRP 34385

    couple of questions about leasing:
    1) what fees should I pay upfront? registration/licensing/doc/acquisition fees?
    2) does it make sense to buy the car if market value is higher than residual value at end of lease?

    thanks!
  • kyfdxkyfdx Moderator Posts: 266,064
    pplppp23 said:

    Hello, Interested in LX V4 FWD and LX V6 AWD numbers for 24 months. 12k miles. 740+ credit. WA state (98033).

    LX V4 FWD MSRP 31880
    LX V6 AWD MSRP 34385

    couple of questions about leasing:
    1) what fees should I pay upfront? registration/licensing/doc/acquisition fees?
    2) does it make sense to buy the car if market value is higher than residual value at end of lease?

    thanks!

    .00028 MF and 59% residual. $4000 lease cash
    .00102 MF and 63% residual. $4000 lease cash

    1) First payment and non-taxable fees at lease signing (acquisition and doc fees are taxable)
    2) Sure, but the chances of that happening are slim. Don't lease, if your intention is to eventually own the car.

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  • newsbenjivertsnewsbenjiverts Member Posts: 6
    Wondering if there's any change for March or do the Feb numbers carry over? Interested in MF and RV plus incentives for AWD EX V6, SX and SXL for 39/12 & 39/10. And are these the same numbers for 36 month? Thanks so much for your help. 
  • MichaellMichaell Moderator Posts: 262,624

    Wondering if there's any change for March or do the Feb numbers carry over? Interested in MF and RV plus incentives for AWD EX V6, SX and SXL for 39/12 & 39/10. And are these the same numbers for 36 month? Thanks so much for your help. 

    What state? Kia numbers are regional.

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  • rdan2422rdan2422 Member Posts: 37
    Do you know MF and residual on 2017 sorento AWD sxl in Colorado?
    any incentive money?
  • MichaellMichaell Moderator Posts: 262,624
    rdan2422 said:

    Do you know MF and residual on 2017 sorento AWD sxl in Colorado?
    any incentive money?

    What lease term?

    How many miles per year?

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  • rdan2422rdan2422 Member Posts: 37
    Sorry, 36 month, 12k and 15k miles
  • MichaellMichaell Moderator Posts: 262,624
    Michaell said:

    rdan2422 said:

    Do you know MF and residual on 2017 sorento AWD sxl in Colorado?
    any incentive money?

    What lease term?

    How many miles per year?
    rdan2422 said:

    Sorry, 36 month, 12k and 15k miles

    .00062 and 56% / 54%.

    $4000 lease cash

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  • rdan2422rdan2422 Member Posts: 37
    How about for 24 month lease? Same mileage 
  • MichaellMichaell Moderator Posts: 262,624
    Michaell said:

    Michaell said:

    rdan2422 said:

    Do you know MF and residual on 2017 sorento AWD sxl in Colorado?
    any incentive money?

    What lease term?

    How many miles per year?
    rdan2422 said:

    Sorry, 36 month, 12k and 15k miles

    .00062 and 56% / 54%.

    $4000 lease cash
    rdan2422 said:

    How about for 24 month lease? Same mileage 

    .00093 and 61% / 59%

    $6000 lease cash

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  • newsbenjivertsnewsbenjiverts Member Posts: 6
    Wondering if there's any change for March or do the Feb numbers carry over? Interested in MF and RV plus incentives for AWD EX V6, SX and SXL for 39/12 & 39/10. And are these the same numbers for 36 month? Thanks so much for your help. 
    Sorry. For MA. 
  • kyfdxkyfdx Moderator Posts: 266,064



    Wondering if there's any change for March or do the Feb numbers carry over? Interested in MF and RV plus incentives for AWD EX V6, SX and SXL for 39/12 & 39/10. And are these the same numbers for 36 month? Thanks so much for your help. 

    Sorry. For MA. 

    36/12 numbers. Not showing 39 month term, this month.

    EX: .00114 MF and 60% residual. $3000 lease cash
    SX: .00068 MF and 58% residual. $3000 lease cash
    SXL: .00062 MF and 56% residual. $4000 lease cash

    Add 1% for 10K/yr

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  • schmeglschmegl Member Posts: 52
    Do you have the March MF, residual, and lease cash for South Florida for the 2017 Sorento:

    24/12 FWD SX V6
    36/12 FWD SX V6

    24/12 AWD SX V6
    36/12 AWD SX V6

    24/12 FWD EX V6 ("2 Package" - Premium Package & Advanced Touring Package)
    36/12 FWD EX V6 ("2 Package" - Premium Package & Advanced Touring Package)

    24/12 AWD EX V6 ("2 Package" - Premium Package & Advanced Touring Package)
    36/12 AWD EX V6 ("2 Package" - Premium Package & Advanced Touring Package)

    Thank you!
  • MichaellMichaell Moderator Posts: 262,624
    schmegl said:

    Do you have the March MF, residual, and lease cash for South Florida for the 2017 Sorento:

    24/12 FWD SX V6
    36/12 FWD SX V6

    24/12 AWD SX V6
    36/12 AWD SX V6

    24/12 FWD EX V6 ("2 Package" - Premium Package & Advanced Touring Package)
    36/12 FWD EX V6 ("2 Package" - Premium Package & Advanced Touring Package)

    24/12 AWD EX V6 ("2 Package" - Premium Package & Advanced Touring Package)
    36/12 AWD EX V6 ("2 Package" - Premium Package & Advanced Touring Package)

    Thank you!

    Individual options and packages do not affect the numbers; just the trim level and FWD vs. AWD

    24/12
    SX V6 FWD - .00113 and 62%. $5K lease cash
    SX V6 AWD - .00118 and 63%. $5K lease cash
    EX V6 FWD - .00124 and 64%. $4K lease cash
    EX V6 AWD - .00128 and 65%. $4K lease cash

    36/12
    SX V6 FWD - .00064 and 57%. $3K lease cash
    SX V6 AWD - .00068 and 58%. $3K lease cash
    EX V6 FWD - .00112 and 59%. $3K lease cash
    EX V6 AWD - .00114 and 60%. $3K lease cash

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  • arij282arij282 Member Posts: 32
    Hi. May I please have numbers for Sorento EX AWD, EX V6 AWD, and SX? Looking for 36/12 and 24/12, in New Jersey. Thank you kindly. 
  • MichaellMichaell Moderator Posts: 262,624
    arij282 said:

    Hi. May I please have numbers for Sorento EX AWD, EX V6 AWD, and SX? Looking for 36/12 and 24/12, in New Jersey. Thank you kindly. 

    24/12
    EX 2.0T AWD - .00090 and 65%. $3500 lease cash
    EX V6 AWD - .00128 and 65%. $4000 lease cash
    SX AWD - .00118 and 63%. $5000 lease cash

    36/12
    EX 2.0T AWD - .00113 and 60%
    EX V6 AWD - .00114 and 60%
    SX AWD - .00068 and 58%
    $3000 lease cash for all three trims

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  • redczechredczech Member Posts: 5
    Would you please provide current numbers for SX AWD, 36/12 and 36/15 in Nebraska?
    TIA.
  • kyfdxkyfdx Moderator Posts: 266,064
    redczech said:

    Would you please provide current numbers for SX AWD, 36/12 and 36/15 in Nebraska?
    TIA.

    .00084 MF and 58%/56% residual.
    $3000 lease cash

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  • redczechredczech Member Posts: 5
    I'm sorry but would you please supply the same info for SXL? Thanks again!
  • MichaellMichaell Moderator Posts: 262,624
    redczech said:

    I'm sorry but would you please supply the same info for SXL? Thanks again!

    .00077 and 56% / 54%

    $4000 lease cash

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  • heard006heard006 Member Posts: 49
    Hello,

    Do you have the March (or April) MF, residual, and lease cash for Seattle Washington for the 2017 Sorento:

    36/12 AWD LX V6
    36/12 AWD EX V6

    Thanks!
  • MichaellMichaell Moderator Posts: 262,624
    heard006 said:

    Hello,

    Do you have the March (or April) MF, residual, and lease cash for Seattle Washington for the 2017 Sorento:

    36/12 AWD LX V6
    36/12 AWD EX V6

    Thanks!

    LX V6 AWD - .00111 and 59%
    EX V6 AWD - .00133 and 60%

    $3000 lease cash

    Numbers are good until 3 April

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