2017 Kia Optima Lease Deals and Prices

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  • gogoomagogooma Member Posts: 18
    Hi, what would be the RV and MF be for am Optima EX for 36mo/12k and 15k in NJ/NYC?  thank you! 
  • MichaellMichaell Moderator Posts: 259,572
    gogooma said:

    Hi, what would be the RV and MF be for am Optima EX for 36mo/12k and 15k in NJ/NYC?  thank you! 

    .00065 and 56% / 54%

    $2500 lease cash

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  • nyundercovernyundercover Member Posts: 10
    Can you give me the numbers for Optima LX and SX 24mo/12k for Chicago and Northwest Indiana? Thanks.
  • kyfdxkyfdx Moderator Posts: 261,614

    Can you give me the numbers for Optima LX and SX 24mo/12k for Chicago and Northwest Indiana? Thanks.

    LX: .00071 MF and 62% residual. $3500 lease cash
    SX: .00041 MF and 62% residual. $3500 lease cash

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  • optimagolfoptimagolf Member Posts: 7
    Price 35,346
    cap reduction -2362
    Acquisition fee 595
    cap cost 33578
    Residual 55%
    Money Factor .000400

    12k Miles
    384 base payment
    412.13 with tax

    15k miles
    435 with taxes.


  • kyfdxkyfdx Moderator Posts: 261,614

    Price 35,346
    cap reduction -2362
    Acquisition fee 595
    cap cost 33578
    Residual 55%
    Money Factor .000400

    12k Miles
    384 base payment
    412.13 with tax

    15k miles
    435 with taxes.


    Which trim is that.
    What lease term?
    Is $35,346 the selling price or the MSRP?

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  • optimagolfoptimagolf Member Posts: 7
    This is a 2017 Optima SXL
    35,346 MSRP Price
    minus cap reduction 2,362
    Cap cost is 33,578
    55% RV
    .00040 MF
    435 with taxes on 36/15k
    413 with taxes on 36/12k

  • optimagolfoptimagolf Member Posts: 7
    Also, that is with zero down and only first month payment for drive off.
  • kyfdxkyfdx Moderator Posts: 261,614

    This is a 2017 Optima SXL
    35,346 MSRP Price
    minus cap reduction 2,362
    Cap cost is 33,578
    55% RV
    .00040 MF
    435 with taxes on 36/15k
    413 with taxes on 36/12k

    So, the $2362 is the dealer discount?
    I show this model with $3000 of lease cash. You should be able to get a lot lower CAP cost than that, even with all other fees rolled in.

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  • optimagolfoptimagolf Member Posts: 7
    edited March 2017
    So I ended up getting this.

    2016 Optima SXL
    MSRP $36890
    Sale Price $34817
    36/15k
    $6000 Lease Cash
    47% RV
    .00049 MF

    With lease cash they are paying
    Lic. $328
    Doc $80
    595 acquisition fee
    Last 3 payments on my current car $1236
    First month payment: $399


    Monthly payment with tax is 399. Does that sound correct?
  • kyfdxkyfdx Moderator Posts: 261,614

    So I ended up getting this.

    2016 Optima SXL
    MSRP $36890
    Sale Price $34817
    36/15k
    $6000 Lease Cash
    47% RV
    .00049 MF

    With lease cash they are paying
    Lic. $328
    Doc $80
    595 acquisition fee
    Last 3 payments on my current car $1236
    First month payment: $399


    Monthly payment with tax is 399. Does that sound correct?

    I get $416/mo, so not too far off.

    Eating those three payments is adding $35/mo.

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  • optimagolfoptimagolf Member Posts: 7
    Looks like I did ok. payment is 399 with taxes so I took it. Car is now in the garage, I am pretty happy with it!

    Thanks!
  • MichaellMichaell Moderator Posts: 259,572

    Looks like I did ok. payment is 399 with taxes so I took it. Car is now in the garage, I am pretty happy with it!

    Thanks!

    And at the end of the day, you'll enjoy driving the car every day, and certainly after you've forgotten about the financial aspects of the deal.

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  • optimagolfoptimagolf Member Posts: 7
    Sorry, the money factor I got is .00009.

    The only reason I had them make my last 3 payments is because I am only a few hundred miles below my mileage cap. With 4 months left I would have went about 4000 miles over the limit and would have had to pay 800 dollars out of pocket for going over. Plus they waived the disposition fee of 400 dollars. So I would have had to pay at least 1200 out of pocket on lease turn in.

    So in that aspect, it made sense.
  • MichaellMichaell Moderator Posts: 259,572

    Sorry, the money factor I got is .00009.

    The only reason I had them make my last 3 payments is because I am only a few hundred miles below my mileage cap. With 4 months left I would have went about 4000 miles over the limit and would have had to pay 800 dollars out of pocket for going over. Plus they waived the disposition fee of 400 dollars. So I would have had to pay at least 1200 out of pocket on lease turn in.

    So in that aspect, it made sense.

    I get it.

    I was about 4000 miles over on my previous lease, with two months to go. I got the VW dealer to split the charges with me (mileage + two remaining payments + cost to repair damaged bumper).

    I ended up with a lease payment within $5 of what I was paying on the last lease.

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  • optimagolfoptimagolf Member Posts: 7
    Awesome!

    I am actually paying 14 dollars less on my new car. Last car was a 2015 Optima SXL. So I got the new one for 14 bucks less and zero out of pocket.
  • MichaellMichaell Moderator Posts: 259,572

    Awesome!

    I am actually paying 14 dollars less on my new car. Last car was a 2015 Optima SXL. So I got the new one for 14 bucks less and zero out of pocket.

    Excellent - enjoy the new ride!

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  • kdiamond55kdiamond55 Member Posts: 5
    Hi can you please tell me what the money factor and residual is for a 36/10 lease on a 2017 Kia Optima EX with technology package in south Florida? Also can you let me know what the total lease cash/rebates would be? Thank you!
  • MichaellMichaell Moderator Posts: 259,572

    Hi can you please tell me what the money factor and residual is for a 36/10 lease on a 2017 Kia Optima EX with technology package in south Florida? Also can you let me know what the total lease cash/rebates would be? Thank you!

    .00065 and 57%

    $2500 lease cash

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  • socallancesocallance Member Posts: 2
    Hi , I am in Southern California. Can you please advise on the money factor and residual value for a new 2017 Kia Optima Hybrid Plug in 24m/15k and 36m/15k? Thanks in advance.
  • kyfdxkyfdx Moderator Posts: 261,614

    Hi , I am in Southern California. Can you please advise on the money factor and residual value for a new 2017 Kia Optima Hybrid Plug in 24m/15k and 36m/15k? Thanks in advance.

    These numbers expire at close of business, today. New program starts tomorrow.

    24/15: .00108 MF and 51% residual. $8919 lease cash
    36/15: .00139 MF and 46% residual. $8419 lease cash

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  • amrit1234amrit1234 Member Posts: 10
    edited April 2017
    Located in Bay area
    Can you please advise on the money factor and residual value for a 2017 Kia Optima Hybrid Plug for 36m/12k
    and lease cash offers
  • wadrohiwadrohi Member Posts: 3
    edited April 2017
    I'm also looking for MF and RV for 2017 Kia Optima Plug-in Hybrid - 24/12 and 36/12 for April for Northern California.
    amrit1234 said:

    Located in Bay area
    Can you please advise on the money factor and residual value for a 2017 Kia Optima Hybrid Plug for 36m/12k
    and lease cash offers

  • socallancesocallance Member Posts: 2
    kyfdx said:

    Hi , I am in Southern California. Can you please advise on the money factor and residual value for a new 2017 Kia Optima Hybrid Plug in 24m/15k and 36m/15k? Thanks in advance.

    These numbers expire at close of business, today. New program starts tomorrow.

    24/15: .00108 MF and 51% residual. $8919 lease cash
    36/15: .00139 MF and 46% residual. $8419 lease cash
    Thank you very much for quick response. We won't be able to do deal until this weekend. Any idea what new program will look like?
  • kyfdxkyfdx Moderator Posts: 261,614
    amrit1234 said:

    Located in Bay area
    Can you please advise on the money factor and residual value for a 2017 Kia Optima Hybrid Plug for 36m/12k
    and lease cash offers

    .00139 MF and 48% residual
    $8419 lease cash

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  • kyfdxkyfdx Moderator Posts: 261,614
    wadrohi said:

    I'm also looking for MF and RV for 2017 Kia Optima Plug-in Hybrid - 24/12 and 36/12 for April for Northern California.

    amrit1234 said:

    Located in Bay area
    Can you please advise on the money factor and residual value for a 2017 Kia Optima Hybrid Plug for 36m/12k
    and lease cash offers

    .00108 MF and 53% residual
    $8919 lease cash

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  • kyfdxkyfdx Moderator Posts: 261,614

    kyfdx said:

    Hi , I am in Southern California. Can you please advise on the money factor and residual value for a new 2017 Kia Optima Hybrid Plug in 24m/15k and 36m/15k? Thanks in advance.

    These numbers expire at close of business, today. New program starts tomorrow.

    24/15: .00108 MF and 51% residual. $8919 lease cash
    36/15: .00139 MF and 46% residual. $8419 lease cash
    Thank you very much for quick response. We won't be able to do deal until this weekend. Any idea what new program will look like?
    No changes

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  • mapa87mapa87 Member Posts: 40
    Can you provide current MF and RV for 2017 Optima SX (trim would be Launch or Tech pkg if it matters) and SXL 36/12k in Massachusetts. As always....thank you!
  • MichaellMichaell Moderator Posts: 259,572
    mapa87 said:

    Can you provide current MF and RV for 2017 Optima SX (trim would be Launch or Tech pkg if it matters) and SXL 36/12k in Massachusetts. As always....thank you!

    SX - .00069 and 57%. $2500 lease cash
    SXL - .00043 and 55%. $3000 lease cash

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  • clk55r1d3hclk55r1d3h Member Posts: 7
    Can I please get the numbers for the following. 
    SX 36/10 in Los Angeles 
    SXL 36/10 in Los Angeles
    thank you 
  • MichaellMichaell Moderator Posts: 259,572

    Can I please get the numbers for the following. 
    SX 36/10 in Los Angeles 
    SXL 36/10 in Los Angeles
    thank you 

    SX - .00069 and 58%. $2500 lease cash
    SXL - .00043 and 56%. $3000 lease cash

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  • MichaellMichaell Moderator Posts: 259,572

    Can I please get the numbers for the following. 
    SX 36/10 in Los Angeles 
    SXL 36/10 in Los Angeles
    thank you 

    SX - .00069 and 58%. $2500 lease cash
    SXL - .00043 and 56%. $3000 lease cash

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  • clk55r1d3hclk55r1d3h Member Posts: 7
    Thank you 
  • sliv108sliv108 Member Posts: 6
    First of all I just want to say thank you in advance.


    I need the MF, RV, and dealer cash for the following scenarios in Pennsylvania.
    Ex 36/10
    SX 36/10
  • kyfdxkyfdx Moderator Posts: 261,614
    sliv108 said:

    First of all I just want to say thank you in advance.


    I need the MF, RV, and dealer cash for the following scenarios in Pennsylvania.
    Ex 36/10
    SX 36/10

    EX: .00065 MF and 57% residual. $2500 lease cash
    SX: .00069 MF and 58% residual. $2500 lease cash

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  • john___25john___25 Member Posts: 29
    Would you please provide MF, RV and lease cash for EX and SX; 24/12k in Ohio. Thank you!
  • kyfdxkyfdx Moderator Posts: 261,614
    john___25 said:

    Would you please provide MF, RV and lease cash for EX and SX; 24/12k in Ohio. Thank you!

    EX: .00052 MF and 61% residual
    SX: .00041 MF and 62% residual

    $3500 lease cash

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  • zozo2005zozo2005 Member Posts: 22
    edited April 2017
    Can you please give me the numbers for a lease on a 2017 Optima Hybrid Plug in with technology pkg. For Southern California.
    36/12k, Are there any rebates/lease cash as well? And do you know how the rebates for plug in cars work? I see California state offers 1500 back, and Federal 4919 back. Thanks!!
  • kyfdxkyfdx Moderator Posts: 261,614
    zozo2005 said:

    Can you please give me the numbers for a lease on a 2017 Optima Hybrid Plug in with technology pkg. For Southern California.
    36/12k, Are there any rebates/lease cash as well? And do you know how the rebates for plug in cars work? I see California state offers 1500 back, and Federal 4919 back. Thanks!!

    .00139 MF and 48% residual
    $8419 lease cash

    I'll guess that the $8419 lease cash includes the $4919 federal rebate (which goes to the bank, not you).
    I think the $1500 from California comes direct to you, after the lease is completed.

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  • sasinghsasingh Member Posts: 7
    Hello there. Couple of questions.

    First off, could I please get the numbers for a 2016 or 2017 Kia Optima SXL, 24/12 and 36/12.

    Second question, this may be dumb, but what is the lease cash? Is it something provided in every state that is applied to the selling price of the car once you have negotiated it down? For example, if the car I'm looking at is 37k MSRP and I get it down to 31k, does the lease cash apply to the 31k or the 37k?
  • kyfdxkyfdx Moderator Posts: 261,614
    sasingh said:

    Hello there. Couple of questions.

    First off, could I please get the numbers for a 2016 or 2017 Kia Optima SXL, 24/12 and 36/12.

    Second question, this may be dumb, but what is the lease cash? Is it something provided in every state that is applied to the selling price of the car once you have negotiated it down? For example, if the car I'm looking at is 37k MSRP and I get it down to 31k, does the lease cash apply to the 31k or the 37k?

    KIA numbers are regional. Which state?

    Lease cash is an incentive. A dealer isn't going to quote you a price, without including it. So, naturally, don't expect a dealer to agree to your price, then take off an extra amount. Once you know the lease cash amount on a car, you can adjust your offer accordingly.

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  • sasinghsasingh Member Posts: 7
    kyfdx said:

    sasingh said:

    Hello there. Couple of questions.

    First off, could I please get the numbers for a 2016 or 2017 Kia Optima SXL, 24/12 and 36/12.

    Second question, this may be dumb, but what is the lease cash? Is it something provided in every state that is applied to the selling price of the car once you have negotiated it down? For example, if the car I'm looking at is 37k MSRP and I get it down to 31k, does the lease cash apply to the 31k or the 37k?

    KIA numbers are regional. Which state?

    Lease cash is an incentive. A dealer isn't going to quote you a price, without including it. So, naturally, don't expect a dealer to agree to your price, then take off an extra amount. Once you know the lease cash amount on a car, you can adjust your offer accordingly.
    Got it, thank you for your help. So I'm assuming after getting the MSRP and the lease cash, I can negotiate the price down further? And the region I am in is NYC.
  • kyfdxkyfdx Moderator Posts: 261,614
    sasingh said:

    kyfdx said:

    sasingh said:

    Hello there. Couple of questions.

    First off, could I please get the numbers for a 2016 or 2017 Kia Optima SXL, 24/12 and 36/12.

    Second question, this may be dumb, but what is the lease cash? Is it something provided in every state that is applied to the selling price of the car once you have negotiated it down? For example, if the car I'm looking at is 37k MSRP and I get it down to 31k, does the lease cash apply to the 31k or the 37k?

    KIA numbers are regional. Which state?

    Lease cash is an incentive. A dealer isn't going to quote you a price, without including it. So, naturally, don't expect a dealer to agree to your price, then take off an extra amount. Once you know the lease cash amount on a car, you can adjust your offer accordingly.
    Got it, thank you for your help. So I'm assuming after getting the MSRP and the lease cash, I can negotiate the price down further? And the region I am in is NYC.
    Yes.. negotiate a discount, in addition to the lease cash

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  • sasinghsasingh Member Posts: 7
    kyfdx said:

    sasingh said:

    kyfdx said:

    sasingh said:

    Hello there. Couple of questions.

    First off, could I please get the numbers for a 2016 or 2017 Kia Optima SXL, 24/12 and 36/12.

    Second question, this may be dumb, but what is the lease cash? Is it something provided in every state that is applied to the selling price of the car once you have negotiated it down? For example, if the car I'm looking at is 37k MSRP and I get it down to 31k, does the lease cash apply to the 31k or the 37k?

    KIA numbers are regional. Which state?

    Lease cash is an incentive. A dealer isn't going to quote you a price, without including it. So, naturally, don't expect a dealer to agree to your price, then take off an extra amount. Once you know the lease cash amount on a car, you can adjust your offer accordingly.
    Got it, thank you for your help. So I'm assuming after getting the MSRP and the lease cash, I can negotiate the price down further? And the region I am in is NYC.
    Yes.. negotiate a discount, in addition to the lease cash
    Thank you sir, very helpful! I know there is a 7k lease cash offer with the 2016 SXL model, but is there one with the 2017? Located in NYC.
  • kyfdxkyfdx Moderator Posts: 261,614
    sasingh said:

    kyfdx said:

    sasingh said:

    kyfdx said:

    sasingh said:

    Hello there. Couple of questions.

    First off, could I please get the numbers for a 2016 or 2017 Kia Optima SXL, 24/12 and 36/12.

    Second question, this may be dumb, but what is the lease cash? Is it something provided in every state that is applied to the selling price of the car once you have negotiated it down? For example, if the car I'm looking at is 37k MSRP and I get it down to 31k, does the lease cash apply to the 31k or the 37k?

    KIA numbers are regional. Which state?

    Lease cash is an incentive. A dealer isn't going to quote you a price, without including it. So, naturally, don't expect a dealer to agree to your price, then take off an extra amount. Once you know the lease cash amount on a car, you can adjust your offer accordingly.
    Got it, thank you for your help. So I'm assuming after getting the MSRP and the lease cash, I can negotiate the price down further? And the region I am in is NYC.
    Yes.. negotiate a discount, in addition to the lease cash
    Thank you sir, very helpful! I know there is a 7k lease cash offer with the 2016 SXL model, but is there one with the 2017? Located in NYC.
    2017 SXL
    24/12: .00064 MF and 60% residual
    $5000 lease cash
    36/12: .00043 MF and 55% residual
    $3000 lease cash

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  • sliv108sliv108 Member Posts: 6
    I need the MF, RV, and dealer cash for NJ.
    Ex 36/10
  • MichaellMichaell Moderator Posts: 259,572
    sliv108 said:

    I need the MF, RV, and dealer cash for NJ.
    Ex 36/10

    .00065 and 57%. $2500 lease cash

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  • sliv108sliv108 Member Posts: 6
    Michaell said:

    sliv108 said:

    I need the MF, RV, and dealer cash for NJ.
    Ex 36/10

    .00065 and 57%. $2500 lease cash
    Sorry I mean to ask this in the 17 forum.
  • kyfdxkyfdx Moderator Posts: 261,614
    sliv108 said:

    Michaell said:

    sliv108 said:

    I need the MF, RV, and dealer cash for NJ.
    Ex 36/10

    .00065 and 57%. $2500 lease cash
    Sorry I mean to ask this in the 17 forum.
    This is the 2017 forum.

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  • 2017lessee2017lessee Member Posts: 7
    Would appreciate MF, Residual and Lease Cash details for 36 months/12k miles for PA. Much appreciated.
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