2018 Kia Sorento Lease Deals and Prices

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Comments

  • mhighammhigham Member Posts: 2
    Michaell said:

    mhigham said:

    I agree with the MF and residual listed.

    If I subtract the cap reduction from the selling price, I'm within a penny of that payment quote (figure it's a rounding error).

    We don’t track pricing – use the “make / model / year” tabs at the top of the page to link to the Edmunds price tools.

    Thank you for looking into this - appreciate it.

    I have seen lower MF's on other similarly priced vehicles. Are the Kia Sorentos just not leasing well?

    For my own interests, are the acquisition fee, license fees and tax just amortized across the term of the lease?
  • kyfdxkyfdx Moderator Posts: 267,571
    mhigham said:

    Michaell said:

    mhigham said:

    I agree with the MF and residual listed.

    If I subtract the cap reduction from the selling price, I'm within a penny of that payment quote (figure it's a rounding error).

    We don’t track pricing – use the “make / model / year” tabs at the top of the page to link to the Edmunds price tools.

    Thank you for looking into this - appreciate it.

    I have seen lower MF's on other similarly priced vehicles. Are the Kia Sorentos just not leasing well?

    For my own interests, are the acquisition fee, license fees and tax just amortized across the term of the lease?
    Kia has chosen to balance high money factors with very high incentives. Ultimately, the goal is to achieve a competitive monthly lease payment. In the end, it's the payment that matters.

    CA taxes the monthly payment, and it's applied monthly. Acquisition fees are taxable, either way, so we suggest rolling them into the CAP cost, though you may pay it upfront, if you wish. License/registration are non-taxable fees, so we suggest paying them upfront, as they become taxable, if you roll them into the payment.

    Those are your options, though. You can structure it however you want, except for the tax.

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  • dcsai78dcsai78 Member Posts: 19
    edited January 2018
    Hi, can you please help with the MF and residual in NC for a 2018 Kia Sorento SX Limited AWD for 24 and 36 months? Assuming 10K and 12 K miles. Thank you!
  • MichaellMichaell Moderator Posts: 264,064
    dcsai78 said:

    Hi, can you please help with the MF and residual in NC for a 2018 Kia Sorento SX Limited AWD for 24 and 36 months? Assuming 10K and 12 K miles. Thank you!

    24/12 - .00204 and 55%; $9300 lease cash; no 10K option for 24 months
    36/12 - .00197 and 51%; $7700 lease cash; add 1% for 10K

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  • dcsai78dcsai78 Member Posts: 19
    Thanks Michael!
    Michaell said:

    dcsai78 said:

    Hi, can you please help with the MF and residual in NC for a 2018 Kia Sorento SX Limited AWD for 24 and 36 months? Assuming 10K and 12 K miles. Thank you!

    24/12 - .00204 and 55%; $9300 lease cash; no 10K option for 24 months
    36/12 - .00197 and 51%; $7700 lease cash; add 1% for 10K
    Thanks Michael!
  • xtinanycxtinanyc Member Posts: 9
    Hello - Please provide MF and residual for LX AWD and EX 2.0T AWD for 24/10 and 36/10. Zip code 45140 Cincinnati OH

    Thank you!
  • kyfdxkyfdx Moderator Posts: 267,571
    xtinanyc said:

    Hello - Please provide MF and residual for LX AWD and EX 2.0T AWD for 24/10 and 36/10. Zip code 45140 Cincinnati OH

    Thank you!

    24/12 (10K not offered with 24 months)
    LX: .00196 MF and 54% residual. $7420 lease cash
    EX: .00201 MF and 55% residual. $7520 lease cash

    36/10
    LX: .00199 MF and 51% residual. $6730 lease cash
    EX: .00196 MF and 52% residual. $6430 lease cash

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  • xtinanycxtinanyc Member Posts: 9
    kyfdx said:

    xtinanyc said:

    Hello - Please provide MF and residual for LX AWD and EX 2.0T AWD for 24/10 and 36/10. Zip code 45140 Cincinnati OH

    Thank you!

    24/12 (10K not offered with 24 months)
    LX: .00196 MF and 54% residual. $7420 lease cash
    EX: .00201 MF and 55% residual. $7520 lease cash

    36/10
    LX: .00199 MF and 51% residual. $6730 lease cash
    EX: .00196 MF and 52% residual. $6430 lease cash
    Thanks so much!
  • lance1971lance1971 Member Posts: 1
    edited January 2018
    I am seeking MF/Residual on the following:

    Las Vegas, Nevada (89141)
    '18 Kia Sorento SXL V6
    10K or 12K/year
    24 or 36 months

    Thanks so much!
  • kyfdxkyfdx Moderator Posts: 267,571
    lance1971 said:

    I am seeking MF/Residual on the following:

    Las Vegas, Nevada (89141)
    '18 Kia Sorento SXL V6
    10K or 12K/year
    24 or 36 months

    Thanks so much!

    Assuming AWD?

    24/12: .00204 MF and 55% residual. $9300 lease cash
    36/12: .00197 MF and 51% residual. $7700 lease cash
    Add 1% for 36/10. 24/10 is not offered.

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  • robmcloughrobmclough Member Posts: 3
    Hello!

    I am looking for MF/Residual as well as any incentives for a 2018 Kia Sorento EX 2.0T, FWD with the Advanced Touring Package. I am in California, 92627. I am looking for a 36 month/12k miles/year lease.

    Thank you very much!
  • MichaellMichaell Moderator Posts: 264,064

    Hello!

    I am looking for MF/Residual as well as any incentives for a 2018 Kia Sorento EX 2.0T, FWD with the Advanced Touring Package. I am in California, 92627. I am looking for a 36 month/12k miles/year lease.

    Thank you very much!

    .00197 and 50%
    $6230 lease cash

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  • jmmartin86jmmartin86 Member Posts: 5
    Hello! 

    I am am looking for residuals, mf, and specials for a 2018 Sorento LX V6 AWD. 24/36 months and 10/12k miles. 

    Also, do the options chosen affect the residual at all?
  • robmcloughrobmclough Member Posts: 3
    Michaell said:

    Hello!

    I am looking for MF/Residual as well as any incentives for a 2018 Kia Sorento EX 2.0T, FWD with the Advanced Touring Package. I am in California, 92627. I am looking for a 36 month/12k miles/year lease.

    Thank you very much!

    .00197 and 50%
    $6230 lease cash
    Thank you Michaell. One last question, does Kia offer discounts on the MF with refundable security deposits? Thanks.
  • MichaellMichaell Moderator Posts: 264,064

    Michaell said:

    Hello!

    I am looking for MF/Residual as well as any incentives for a 2018 Kia Sorento EX 2.0T, FWD with the Advanced Touring Package. I am in California, 92627. I am looking for a 36 month/12k miles/year lease.

    Thank you very much!

    .00197 and 50%
    $6230 lease cash
    Thank you Michaell. One last question, does Kia offer discounts on the MF with refundable security deposits? Thanks.
    Kia does not offer an MSD program.

    Though, now that they've changed tactics and increased the MF across the board, there could be some benefit in offering it.

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  • MichaellMichaell Moderator Posts: 264,064

    Hello! 

    I am am looking for residuals, mf, and specials for a 2018 Sorento LX V6 AWD. 24/36 months and 10/12k miles. 

    Also, do the options chosen affect the residual at all?

    Kia numbers are regional - what state is this?

    Packages and individual options do not affect the numbers - just the trim level, drive (FWD vs. AWD), lease term and miles per year.

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  • jmmartin86jmmartin86 Member Posts: 5
    Michaell said:
    Hello! 

    I am am looking for residuals, mf, and specials for a 2018 Sorento LX V6 AWD. 24/36 months and 10/12k miles. 

    Also, do the options chosen affect the residual at all?
    Kia numbers are regional - what state is this? Packages and individual options do not affect the numbers - just the trim level, drive (FWD vs. AWD), lease term and miles per year.
    Illinois - 61615
  • robmcloughrobmclough Member Posts: 3

    Michaell said:

    Hello!

    I am looking for MF/Residual as well as any incentives for a 2018 Kia Sorento EX 2.0T, FWD with the Advanced Touring Package. I am in California, 92627. I am looking for a 36 month/12k miles/year lease.

    Thank you very much!

    .00197 and 50%
    $6230 lease cash
    Thank you Michaell. One last question, does Kia offer discounts on the MF with refundable security deposits? Thanks.

    Hi Micahell, sorry to add another question here. If I try to negotiate for a lower lease by moving to a 2017 Kia Sorento, EX 2.0 w/ FWD I would need to pick both the Premium Package and the Advanced Touring Package to have the same features. MSRP on the Kia site for that configuration shows $36,695, about $300 less than the list price for the 2018 version. Would my MF, residual and incentives significantly change with the 2017?
  • kyfdxkyfdx Moderator Posts: 267,571


    Michaell said:

    Hello! 

    I am am looking for residuals, mf, and specials for a 2018 Sorento LX V6 AWD. 24/36 months and 10/12k miles. 

    Also, do the options chosen affect the residual at all?

    Kia numbers are regional - what state is this?

    Packages and individual options do not affect the numbers - just the trim level, drive (FWD vs. AWD), lease term and miles per year.

    Illinois - 61615

    24/12: .00201 MF and 56% residual. $6920 lease cash
    36/12: .00194 MF and 52% residual. $5930 lease cash
    Add 1% for 36/10. 10K/yr not offered on 24 month term.

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  • kyfdxkyfdx Moderator Posts: 267,571

    Michaell said:

    Hello!

    I am looking for MF/Residual as well as any incentives for a 2018 Kia Sorento EX 2.0T, FWD with the Advanced Touring Package. I am in California, 92627. I am looking for a 36 month/12k miles/year lease.

    Thank you very much!

    .00197 and 50%
    $6230 lease cash
    Thank you Michaell. One last question, does Kia offer discounts on the MF with refundable security deposits? Thanks.

    Hi Micahell, sorry to add another question here. If I try to negotiate for a lower lease by moving to a 2017 Kia Sorento, EX 2.0 w/ FWD I would need to pick both the Premium Package and the Advanced Touring Package to have the same features. MSRP on the Kia site for that configuration shows $36,695, about $300 less than the list price for the 2018 version. Would my MF, residual and incentives significantly change with the 2017?
    Ask 2017 lease questions here:
    https://forums.edmunds.com/discussion/41575/kia/sorento/2017-kia-sorento-lease-questions#latest

    Yes, the programs are substantially different.

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  • Nyc1234Nyc1234 Member Posts: 65
    Need Incentives, Residual  and MF for EX V6 AWD and SX AWD for NYC - 11223.

    TIA.
  • abd4abd4 Member Posts: 37
    Nyc1234 said:

    Need Incentives, Residual  and MF for EX V6 AWD and SX AWD for NYC - 11223.

    TIA.

    I'm interested in the same thing for Portland, OR 97224. 12k miles.
  • kyfdxkyfdx Moderator Posts: 267,571
    Nyc1234 said:

    Need Incentives, Residual  and MF for EX V6 AWD and SX AWD for NYC - 11223.

    TIA.

    36/12
    EX: .00194 MF and 53% residual. $6260 lease cash
    SX: .00196 MF and 51% residual. $7560 lease cash

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  • kyfdxkyfdx Moderator Posts: 267,571
    abd4 said:

    Nyc1234 said:

    Need Incentives, Residual  and MF for EX V6 AWD and SX AWD for NYC - 11223.

    TIA.

    I'm interested in the same thing for Portland, OR 97224. 12k miles.
    36/12
    EX: .00194 MF and 53% residual. $5600 lease cash
    SX: .00196 MF and 61% residual. $6900 lease cash

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  • Nyc1234Nyc1234 Member Posts: 65
    kyfdx said:

    Nyc1234 said:

    Need Incentives, Residual  and MF for EX V6 AWD and SX AWD for NYC - 11223.

    TIA.

    36/12
    EX: .00194 MF and 53% residual. $6260 lease cash
    SX: .00196 MF and 51% residual. $7560 lease cash
    Thanks! Please update for the February numbers when you see them.
  • kyfdxkyfdx Moderator Posts: 267,571
    Nyc1234 said:



    kyfdx said:

    Nyc1234 said:

    Need Incentives, Residual  and MF for EX V6 AWD and SX AWD for NYC - 11223.

    TIA.

    36/12
    EX: .00194 MF and 53% residual. $6260 lease cash
    SX: .00196 MF and 51% residual. $7560 lease cash
    Thanks! Please update for the February numbers when you see them.
    The January programs run through February 28th

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  • iamgortiamgort Member Posts: 82
    Hello, what are the numbers for SX and SX limited for 10K and most favorable duration?
  • hanlee0923hanlee0923 Member Posts: 2
    edited February 2018
    Hello , i need Incentives, Residual  and MF for EX V6 AWD and SX AWD for va 20152.
    36/10k and 12k.

    thanks.


  • MichaellMichaell Moderator Posts: 264,064
    edited February 2018
    iamgort said:

    Hello, what are the numbers for SX and SX limited for 10K and most favorable duration?

    Kia lease numbers are regional - what state is this?

    FWD or AWD?

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  • MichaellMichaell Moderator Posts: 264,064

    Hello , i need Incentives, Residual  and MF for EX V6 AWD and SX AWD for va 20152.
    36/10k and 12k.

    thanks.


    36/12 numbers; add 1% for 10K

    EX V6 AWD - .00194 and 53%; $5600 lease cash
    SX AWD - .00196 and 51%; $6900 lease cash

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  • jmmartin86jmmartin86 Member Posts: 5
    Hello again

    looking for residuals, mf, and lease cash in 61615.

    EX V6 AWD 
    36/12 and 24/12

    thanks!
  • MichaellMichaell Moderator Posts: 264,064

    Hello again

    looking for residuals, mf, and lease cash in 61615.

    EX V6 AWD 
    36/12 and 24/12

    thanks!

    24/12 - .00207 and 57%; $7120 lease cash
    36/12 - .00194 and 53%; $5930 lease cash

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  • benkiafanbenkiafan Member Posts: 14
    Thanks in advance! I would like to lease a Sorento EX V6 AWD with sunroof package. Could you please let me know the money factor, residual %, and any lease cash value for 24/10 lease purchased in Maryland (zip 20781) with tax of 6% (applied to the entire purchase price of the car).

    I’m looking to lease before the end of the month. I'd like to put $1750 down. Any idea what a reasonable lease payment would be? Thanks for the great info! :smile:
  • MichaellMichaell Moderator Posts: 264,064
    benkiafan said:

    Thanks in advance! I would like to lease a Sorento EX V6 AWD with sunroof package. Could you please let me know the money factor, residual %, and any lease cash value for 24/10 lease purchased in Maryland (zip 20781) with tax of 6% (applied to the entire purchase price of the car).

    I’m looking to lease before the end of the month. I'd like to put $1750 down. Any idea what a reasonable lease payment would be? Thanks for the great info! :smile:

    24/12 is the lowest mileage allowance for that term

    EX V6 AWD - .00207 and 57%; $6900 lease cash

    Would need the MSRP and adjusted cap cost in order to model a payment.

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  • tonefurdtonefurd Member Posts: 21
    Hi,

    I was wondering if you happened to know the numbers for the EX V6 AWD for 36/10 (or if there's a better spot than that) for NJ (zip 08002).

    Thanks
  • benkiafanbenkiafan Member Posts: 14
    Oh right, sorry, I meant to put 24/12. :)

    The Sorento is so spacious and nice, but not sure I can get the payment down enough. I would be thrilled if you could model a payment using an MSRP of $40,065 and ACC at $27,145 (ACC arrived by using gross cap cost of $35,795 minus the lease cash of $6900 and minus $1750 down payment). I hope this what you need. I tried getting a payment with a lease calculator but not sure it's working right. Thanks again! ;)
  • kyfdxkyfdx Moderator Posts: 267,571
    tonefurd said:

    Hi,

    I was wondering if you happened to know the numbers for the EX V6 AWD for 36/10 (or if there's a better spot than that) for NJ (zip 08002).

    Thanks

    .00194 MF and 54% residual.
    $6260 lease cash

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  • MichaellMichaell Moderator Posts: 264,064
    benkiafan said:

    Oh right, sorry, I meant to put 24/12. :)

    The Sorento is so spacious and nice, but not sure I can get the payment down enough. I would be thrilled if you could model a payment using an MSRP of $40,065 and ACC at $27,145 (ACC arrived by using gross cap cost of $35,795 minus the lease cash of $6900 and minus $1750 down payment). I hope this what you need. I tried getting a payment with a lease calculator but not sure it's working right. Thanks again! ;)

    As is, those prices give me a payment of $283/mo.

    However, you are still responsible for the taxes and fees that are due.

    And, are you sure you can get $4000+ off sticker, before incentives? Seems like a stretch to me.

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  • benkiafanbenkiafan Member Posts: 14
    Many thanks! Yeah, it seems like it would be a task to have them honor the dealer discounted price online that they say doesn't include the $2000 customer cash (for finance buyers). I have had a difficult time in the past getting the same negotiated price for a lease as I would get for a finance.

    Luckily, this time, I have a 1997 Mercedes S500 with 108k miles that will keep me company until I find a deal that I'm happy with. As a Realtor, I need a more reliable car to shuttle around town. We'll see how it goes. Thanks again!
  • cdeed50cdeed50 Member Posts: 48
    Hi - Can you please provide residuals, mf, and lease cash for Maryland? Thanks!

    SX V6 FWD
    SX V6 AWD
    SXL V6 FWD
    SXL V6 AWD
    36M/15K
  • MichaellMichaell Moderator Posts: 264,064
    cdeed50 said:

    Hi - Can you please provide residuals, mf, and lease cash for Maryland? Thanks!

    SX V6 FWD
    SX V6 AWD
    SXL V6 FWD
    SXL V6 AWD
    36M/15K

    SX V6 FWD - .00196 and 48%; $7030 lease cash
    SX V6 AWD - .00196 and 49%; $7230 lease cash
    SXL V6 FWD - .00196 and 47%; $8230 lease cash
    SXL V6 AWD - .00197 and 49%; $8030 lease cash

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  • calthomascalthomas Member Posts: 4
    Can you please provide residuals, mf, and lease cash for Indiana. EX V6 AWD 36mo, 45k miles
  • MichaellMichaell Moderator Posts: 264,064
    calthomas said:

    Can you please provide residuals, mf, and lease cash for Indiana. EX V6 AWD 36mo, 45k miles

    .00194 and 51%; $5930 lease cash

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  • raptor66raptor66 Member Posts: 2
    Can you provide residuals, mf and lease cash for California SX V6 AWD, 36mo, 10k miles?
  • kyfdxkyfdx Moderator Posts: 267,571
    raptor66 said:

    Can you provide residuals, mf and lease cash for California SX V6 AWD, 36mo, 10k miles?

    .00196 MF and 52% residual
    $7230 lease cash

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  • rpmatherpmathe Member Posts: 1
    Hi

    Can you please provide residuals, MF, and lease cash for Connecticut?

    EX V6 FWD
    EX V6 AWD
    LX V6 FWD
    LX V6 AWD

    36M/15K

    Thank you and appreciate your help.
  • MichaellMichaell Moderator Posts: 264,064
    rpmathe said:

    Hi

    Can you please provide residuals, MF, and lease cash for Connecticut?

    EX V6 FWD
    EX V6 AWD
    LX V6 FWD
    LX V6 AWD

    36M/15K

    Thank you and appreciate your help.

    EX V6 FWD - .00200 and 50%; $6160 lease cash
    EX V6 AWD - .00194 and 51%; $6260 lease cash
    LX V6 FWD - .00197 and 49%; $6060 lease cash
    LX V6 AWD - .00194 and 50%; $6260 lease cash

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  • joe24joe24 Member Posts: 67
    what is the KIA sorrento numbers (MF, Residual and Incentives) for a 36/10 lease in Florida. Models LX, EX and SX. Thanks! RWD.
  • MichaellMichaell Moderator Posts: 264,064
    joe24 said:

    what is the KIA sorrento numbers (MF, Residual and Incentives) for a 36/10 lease in Florida. Models LX, EX and SX. Thanks! RWD.

    What engine for the LX and EX?

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  • joe24joe24 Member Posts: 67
    Michaell said:
    what is the KIA sorrento numbers (MF, Residual and Incentives) for a 36/10 lease in Florida. Models LX, EX and SX. Thanks! RWD.
    What engine for the LX and EX?
    V6
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