2018 Kia Sorento Lease Deals and Prices

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  • kyfdxkyfdx Moderator Posts: 267,571

    Just got this same info for the 2017, but curious if it's much different for the 2018s, as some dealerships don't have the 2017 I am looking at.

    36/12 & 24/12

    EX 2.0T

    4wd and 2wd options

    in Northern CA

    thanks again!

    FWD
    .00056 MF and 59% residual. $4500 lease cash
    .00089 MF and 54% residual. $4000 lease cash
    AWD
    .00056 MF and 60% residual. $4500 lease cash
    .00085 MF and 55% residual. $4000 lease cash

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  • rightcoastbiasrightcoastbias Member Posts: 9
    How about;

    Northern CA
    24/12 & 36/12

    EX V6 2WD

    Cheers!
  • MichaellMichaell Moderator Posts: 264,093

    How about;

    Northern CA
    24/12 & 36/12

    EX V6 2WD

    Cheers!

    .00119 and 61%; $4500 lease cash
    .00137 and 56%; $4000 lease cash

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  • jazzbayjazzbay Member Posts: 2
    How about Norcal rates for following:
    2018 SX / 12K miles / 0 down
    2018 SX / 15k miles / 0 down
    2018 SX w/Adv Tech Pkg / 15k miles / 0 down
  • MichaellMichaell Moderator Posts: 264,093
    jazzbay said:

    How about Norcal rates for following:
    2018 SX / 12K miles / 0 down
    2018 SX / 15k miles / 0 down
    2018 SX w/Adv Tech Pkg / 15k miles / 0 down

    What lease term?

    AWD or FWD?

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  • rkelly17rkelly17 Member Posts: 114
    edited October 2017
    What would the MF/Residual be on AWD SX W/Tech & SXL 36/15K in Pittsburgh PA. Thank you in advance.
  • MichaellMichaell Moderator Posts: 264,093
    rkelly17 said:

    What would the MF/Residual be on AWD SX W/Tech & SXL 36/15K in Pittsburgh PA. Thank you in advance.

    SX - .00113 and 53%
    SXL - .00084 and 52%
    $4500 lease cash

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  • cdeivertcdeivert Member Posts: 1
    What would the MF/Residual be on FWD EX V6 & SX 36/12 and 36/10 in 33823? And any current lease cash incentives? Thank you. 
  • kyfdxkyfdx Moderator Posts: 267,571
    cdeivert said:

    What would the MF/Residual be on FWD EX V6 & SX 36/12 and 36/10 in 33823? And any current lease cash incentives? Thank you. 

    EX: .00137 MF and 56% residual. $4000 lease cash
    SX: .00115 MF and 54% residual. $4500 lease cash

    Add 1% for 10K/yr

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  • ofcounselofcounsel Member Posts: 27
    You guys are awesome! Thank you for the assistance. In addition to the 2017, Sorrento, my buddy is looking at 2018s. Can you provide the MF/Residual for:

    EX V6 AWD on a 36/12 lease
    EX V6 FWD on a 36/12 lease
    EX V6 AWD on a 36/15 lease
    EX V6 FWD on a 36/15 lease

    Thanks!
  • MichaellMichaell Moderator Posts: 264,093
    ofcounsel said:

    You guys are awesome! Thank you for the assistance. In addition to the 2017, Sorrento, my buddy is looking at 2018s. Can you provide the MF/Residual for:

    EX V6 AWD on a 36/12 lease
    EX V6 FWD on a 36/12 lease
    EX V6 AWD on a 36/15 lease
    EX V6 FWD on a 36/15 lease

    Thanks!

    What state is this for?

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  • ofcounselofcounsel Member Posts: 27
    Oh, sorry, it's for Southern California. 92821
  • kyfdxkyfdx Moderator Posts: 267,571
    ofcounsel said:

    Oh, sorry, it's for Southern California. 92821

    36/12. Subtract 2% for 15K
    AWD: .00134 MF and 57% residual
    FWD: .00137 MF and 56% residual

    $4000 lease cash

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  • ofcounselofcounsel Member Posts: 27
    edited October 2017
    Thanks so much for your help! My buddy ended up leasing a 2018 Sorento EX FWD today. The EX included the Advanced Technology Package, floor mats and mud flaps. MSRP of $38,190. Dealer Discount was about $4100 + $4000 lease case. On a 36/10k lease, He drove off with $2000 out of pocket and a payment of $326 a month, including taxes. I think the residual was $21,790.
  • MichaellMichaell Moderator Posts: 264,093
    ofcounsel said:

    Thanks so much for your help! My buddy ended up leasing a 2018 Sorento EX FWD today. The EX included the Advanced Technology Package, floor mats and mud flaps. MSRP of $38,190. Dealer Discount was about $4100 + $4000 lease case. On a 36/10k lease, He drove off with $2000 out of pocket and a payment of $326 a month, including taxes. I think the residual was $21,790.

    Congrats!

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  • munchlaxmunchlax Member Posts: 2
    Hello
    can you give me the MF, RV and any lease cash info on a 2.4L LX AWD with a 36/10k lease terms for Seattle?
    Thanks!
  • kyfdxkyfdx Moderator Posts: 267,571
    munchlax said:

    Hello
    can you give me the MF, RV and any lease cash info on a 2.4L LX AWD with a 36/10k lease terms for Seattle?
    Thanks!

    .00180 MF and 52% residual
    $6100 lease cash

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  • dave34787dave34787 Member Posts: 35
    LX V6 FWD 24/15 32747
  • MichaellMichaell Moderator Posts: 264,093
    dave34787 said:

    LX V6 FWD 24/15 32747

    .00189 and 55%; $6120 lease cash

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  • dave34787dave34787 Member Posts: 35
    Thank you!

    So, the lease cash comes off the capitalized cost? 
    Does it count as if I wrote the check for a reduction?  

    Dave in Orlando
  • kyfdxkyfdx Moderator Posts: 267,571
    dave34787 said:

    Thank you!

    So, the lease cash comes off the capitalized cost? 
    Does it count as if I wrote the check for a reduction?  

    Dave in Orlando

    Not sure if it's dealer lease cash or consumer lease cash
    If it's dealer cash, then it's just like any other dealer discount
    If it's consumer cash, then yes, it's like you wrote a check for the reduction.

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  • johng2016johng2016 Member Posts: 7
    Hi need MF RV lease cash for 2018 EX V6 AWD 24 mo/12k and 36mo/12k Portland, OR thanks
  • alli923alli923 Member Posts: 1
    Hi,
    Can you provide the MR, residual and any lease cash deals for the Boise area (zip code 83646)? Kia Sorento EX V6 AWD and Fwd. 36mo/12k.

    Thanks! 
  • MichaellMichaell Moderator Posts: 264,093
    johng2016 said:

    Hi need MF RV lease cash for 2018 EX V6 AWD 24 mo/12k and 36mo/12k Portland, OR thanks

    24/12 - .00190 and 60%; $5800 lease cash
    36/12 - .00179 and 55%; $5100 lease cash

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  • MichaellMichaell Moderator Posts: 264,093
    alli923 said:

    Hi,
    Can you provide the MR, residual and any lease cash deals for the Boise area (zip code 83646)? Kia Sorento EX V6 AWD and Fwd. 36mo/12k.

    Thanks! 

    AWD - .00179 and 55%; $5100 lease cash
    FWD - .00180 and 53%; $5300 lease cash

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  • Hi,
    Can you provide residual, rebates and MF for Sorento LX V6 AWD and Sorento SX AWD.
    36/12k, zip: 55344.

    Thanks!
  • MichaellMichaell Moderator Posts: 264,093
    gvrayden said:

    Hi,
    Can you provide residual, rebates and MF for Sorento LX V6 AWD and Sorento SX AWD.
    36/12k, zip: 55344.

    Thanks!

    LX V6 AWD - .00183 and 54%; $5530 lease cash
    SX AWD - .00181 and 52%; $6930 lease cash

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  • soulmama12soulmama12 Member Posts: 8
    Hi Can you provide residual, rebates and MF for Sorento SX AWD Limited
    36/12k, zip: 98101.
    Thanks.
  • MichaellMichaell Moderator Posts: 264,093

    Hi Can you provide residual, rebates and MF for Sorento SX AWD Limited
    36/12k, zip: 98101.
    Thanks.

    .00181 and 52%; $6600 lease cash

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  • soulmama12soulmama12 Member Posts: 8
    Thanks. 4.34% seems quite high.
  • kyfdxkyfdx Moderator Posts: 267,571

    Thanks. 4.34% seems quite high.

    It's just an accountant playing with a spreadsheet. Puts in a combination that gives you the same payment as last month. Money factor goes up, but so does lease cash, etc. It's the payment that results that really matters, as you are renting the vehicle.

    No one complains about the lease cash being too high... ;)

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  • soulmamasoulmama Member Posts: 26
    Great explanation above. of the ever changing MF and lease cash magic. If the dealer gives an extra reduction in the cap cost, even better.
  • Nyc1234Nyc1234 Member Posts: 65
    Need MF/RV/Incentives for SX and SXL AWD NYC Metro 24/12 and 36/12 terms.

    Thanks.
  • kyfdxkyfdx Moderator Posts: 267,571
    Nyc1234 said:

    Need MF/RV/Incentives for SX and SXL AWD NYC Metro 24/12 and 36/12 terms.

    Thanks.

    SX
    .00187 MF and 57% residual. $7620 lease cash
    .00181 MF and 52% residual. $6930 lease cash
    SXL
    .00190 MF and 57% residual. $8520 lease cash
    .00183 MF and 52% residual. $7730 lease cash

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  • Nyc1234Nyc1234 Member Posts: 65
    kyfdx said:

    Nyc1234 said:

    Need MF/RV/Incentives for SX and SXL AWD NYC Metro 24/12 and 36/12 terms.

    Thanks.

    SX
    .00187 MF and 57% residual. $7620 lease cash
    .00181 MF and 52% residual. $6930 lease cash
    SXL
    .00190 MF and 57% residual. $8520 lease cash
    .00183 MF and 52% residual. $7730 lease cash
    Thanks so much. Do you have the EX AWD numbers as well?

    Also - Do you know in general if historically this is where the program has been for this vehicle? Any guess whether they will go up or down substantially over the next 2 months?

    Thanks.
  • wasabi911wasabi911 Member Posts: 53
    Hi. Could you provide the latest numbers for 24/12k and 36/12k on the SXL AWD for zip 10504? Thanks!
  • MichaellMichaell Moderator Posts: 264,093
    Nyc1234 said:

    kyfdx said:

    Nyc1234 said:

    Need MF/RV/Incentives for SX and SXL AWD NYC Metro 24/12 and 36/12 terms.

    Thanks.

    SX
    .00187 MF and 57% residual. $7620 lease cash
    .00181 MF and 52% residual. $6930 lease cash
    SXL
    .00190 MF and 57% residual. $8520 lease cash
    .00183 MF and 52% residual. $7730 lease cash
    Thanks so much. Do you have the EX AWD numbers as well?

    Also - Do you know in general if historically this is where the program has been for this vehicle? Any guess whether they will go up or down substantially over the next 2 months?

    Thanks.
    2.0T or V6 on the EX?

    There were substantial changes made in the program numbers in November. Much higher MF, but much higher lease cash now. But, in the end, a relatively stable payment from last month.

    Just accountants plugging numbers into a spreadsheet, hoping to strike the right balance to move inventory.

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  • MichaellMichaell Moderator Posts: 264,093
    wasabi911 said:

    Hi. Could you provide the latest numbers for 24/12k and 36/12k on the SXL AWD for zip 10504? Thanks!

    .00190 MF and 57% residual. $8520 lease cash
    .00183 MF and 52% residual. $7730 lease cash

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  • edmunduser201edmunduser201 Member Posts: 22
    edited November 2017
    Hello, lease numbers please for SXL and SX AWD both for 24/12k and 36/12K. Zip 98007
  • MichaellMichaell Moderator Posts: 264,093

    Hello, lease numbers please for SXL and SX AWD both for 24/12k and 36/12K. Zip 98007

    24/12
    SX - .00187 and 57%; $7400 lease cash
    SXL - .00190 and 57%; $8300 lease cash

    36/12
    SX - .00181 and 52%; $6600 lease cash
    SXL - .00183 and 52%; $7400 lease cash

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  • edmunduser201edmunduser201 Member Posts: 22
    Thanks! Can I know what is the source of these numbers and if they are standard across all the dealers in a region?
  • MichaellMichaell Moderator Posts: 264,093

    Thanks! Can I know what is the source of these numbers and if they are standard across all the dealers in a region?

    The sources are confidential.

    They should be standard for all dealers in the region.

    That said, dealer can mark up the MF for extra profit.

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  • edmunduser201edmunduser201 Member Posts: 22
    Thanks! And what about using MSD to bring down MF? Is that at dealer discretion or manufacturer driven?
  • kyfdxkyfdx Moderator Posts: 267,571

    Thanks! And what about using MSD to bring down MF? Is that at dealer discretion or manufacturer driven?

    Kia does not have an MSD program.

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  • jyksjllhkjyksjllhk Member Posts: 7
    Hello.
    can you give me MF/Residual/incentive for 2018 SX & SXL 10k & 12k/ year in GA?
    thank you.
  • kyfdxkyfdx Moderator Posts: 267,571
    jyksjllhk said:

    Hello.
    can you give me MF/Residual/incentive for 2018 SX & SXL 10k & 12k/ year in GA?
    thank you.

    FWD or AWD?

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  • jyksjllhkjyksjllhk Member Posts: 7
    FWD please
  • MichaellMichaell Moderator Posts: 264,093
    jyksjllhk said:

    Hello.
    can you give me MF/Residual/incentive for 2018 SX & SXL 10k & 12k/ year in GA?
    thank you.

    jyksjllhk said:

    FWD please

    What lease term?

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  • kyfdxkyfdx Moderator Posts: 267,571
    jyksjllhk said:

    Hello.
    can you give me MF/Residual/incentive for 2018 SX & SXL 10k & 12k/ year in GA?
    thank you.

    jyksjllhk said:

    FWD please

    36/12
    SX: .00184 MF and 51% residual. $6500 lease cash
    SXL: .00181 MF and 50% residua. $7600 lease cash

    Add 1% for 10K/yr

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  • lalalandphlalalandph Member Posts: 8
    Hello, can you give me MF/Residual/Incentive for 2018 LX & EX 12k/2 and 12k/3 year in CA?
    Thank you.
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