2018 Kia Optima Lease Deals and Prices

kyfdx

ko30000 said:

Could you please let me know what the MF and Residual, and lease cash is for a 2018 SXL in DE?

.00179 MF and 54% residual for 36/12
$4930 lease cash

retus99

Good, bad, ugly? Deal is not done yet, but the following has been agreed upon in principle (North Carolina)

2018 Kia S (w/ sunroof)
MSRP: 25530
Negotiated Price: 23999 (I came in asking 10% off...no joy. I either suck, or they were capped at 6%)
Cap Cost Reduction: $4600 (4200 Lease Cash, 400 Military)
Dealer Fee and Acquisition Fee: $850
Total: 20399 - 13530 (residual)= 6719 / 36 = 186
MF: .00175 x (25530+13530) = 68
68+186 = 254
NC sales tax computed monthly at .03: 254 x .03 = 262

Zero down at signing. Dealer paying first month's payment. Total drive off: 0.00 Total investment: 9177.00 over 35 month. Total monthly installment: 262.00

Thoughts?

kyfdx

retus99 said:

Good, bad, ugly? Deal is not done yet, but the following has been agreed upon in principle (North Carolina)

2018 Kia S (w/ sunroof)
MSRP: 25530
Negotiated Price: 23999 (I came in asking 10% off...no joy. I either suck, or they were capped at 6%)
Cap Cost Reduction: $4600 (4200 Lease Cash, 400 Military)
Dealer Fee and Acquisition Fee: $850
Total: 20399 - 13530 (residual)= 6719 / 36 = 186
MF: .00175 x (25530+13530) = 68
68+186 = 254
NC sales tax computed monthly at .03: 254 x .03 = 262

Zero down at signing. Dealer paying first month's payment. Total drive off: 0.00 Total investment: 9177.00 over 35 month. Total monthly installment: 262.00

Thoughts?

The money factor gets multiplied by (adjusted CAP + residual), not (MSRP + residual)
Your adjusted CAP only differs by $3600, yet you list $4600 in CAP cost reduction.

retus99

Copy all on the MF. Thank you. On the Adj Cap Cost, i originally figured $1k for dealee fees but it worked out to approx $850. I just added that to the overall price. Is this closer to the mark?

MSRP: 25530
NEG PRICE: 23999
LEASE CASH: -4200
MILITARY: -400
DEALER FEES: +850
TOTAL: 20249 - 13350 = 6899 ÷ 36= 191
MF: 23999+13350 x .00175= 65 + 191= 256
NC sales tax: 256 x .03= 263

Dealer agrees to pay 1st mo payment. Total investment: 9205 (263 x 35)

kyfdx

retus99 said:

Copy all on the MF. Thank you. On the Adj Cap Cost, i originally figured $1k for dealee fees but it worked out to approx $850. I just added that to the overall price. Is this closer to the mark?

MSRP: 25530
NEG PRICE: 23999
LEASE CASH: -4200
MILITARY: -400
DEALER FEES: +850
TOTAL: 20249 - 13350 = 6899 ÷ 36= 191
MF: 23999+13350 x .00175= 65 + 191= 256
NC sales tax: 256 x .03= 263

Dealer agrees to pay 1st mo payment. Total investment: 9205 (263 x 35)

You are still using the wrong number to calculate the finance portion of the lease.
(Adjusted CAP cost + residual)
In your latest example, you used the selling price.

Also, residual is $13,530, not $13,350

dmuniz

Hi guys, I got sick last week so wasn't able to go out to dealers. Can you provide November figures based on:

Long Island, NY for a 2018 Optima EX

12,000 miles
36 month lease
tier 1 credit
incentives

thanks

Michaell

dmuniz said:

Hi guys, I got sick last week so wasn't able to go out to dealers. Can you provide November figures based on:

Long Island, NY for a 2018 Optima EX

12,000 miles
36 month lease
tier 1 credit
incentives

thanks

.00180 and 52%; $4960 lease cash

tonyg2016

@kyfdx
requesting lease data on:
kia optima S (no sunroof)
36mo, 12k miles, Ohio

may be comparable to sonata SEL ...

kyfdx

tonyg2016 said:

@kyfdx
requesting lease data on:
kia optima S (no sunroof)
36mo, 12k miles, Ohio

may be comparable to sonata SEL ...

.00175 MF and 53% residual
$4530 lease cash

dmuniz

Hi, can you please tell me incentives, MF and residual on the following:

zip code 11779, suffolk county NY
2018 KIA OPTIMA S
12000 miles
36 month
tier 1

Michaell

dmuniz said:

Hi, can you please tell me incentives, MF and residual on the following:

zip code 11779, suffolk county NY
2018 KIA OPTIMA S
12000 miles
36 month
tier 1

.00175 and 53%; $4860 lease cash

bigpoppa07

Hello guys can i get the MF and residual on a 2018 Kia Optima LX i'm in northern Utah also is there any lease cash?

kyfdx

bigpoppa07 said:

Hello guys can i get the MF and residual on a 2018 Kia Optima LX i'm in northern Utah also is there any lease cash?

36/12:
.00183 MF and 52% residual
$4630 lease cash

rara954

Could you please provide the Lease Cash, MF and RV for a Optima EX and also SX in Florida for 36 months/15k. Thank you. 

Michaell

rara954 said:

Could you please provide the Lease Cash, MF and RV for a Optima EX and also SX in Florida for 36 months/15k. Thank you. 

EX - .00180 and 50%; $4630 lease cash
SX - .00179 and 52%; $4930 lease cash

bigpoppa07

kyfdx said:

bigpoppa07 said:

Hello guys can i get the MF and residual on a 2018 Kia Optima LX i'm in northern Utah also is there any lease cash?

36/12:
.00183 MF and 52% residual
$4630 lease cash

I'm keep a eye on it and wait until around may to see if they lower the MF as of now that translates into a APR of almost 5% to high for this car.

tonyg2016

bigpoppa07 said:

kyfdx said:

bigpoppa07 said:

Hello guys can i get the MF and residual on a 2018 Kia Optima LX i'm in northern Utah also is there any lease cash?

36/12:
.00183 MF and 52% residual
$4630 lease cash

I'm keep a eye on it and wait until around may to see if they lower the MF as of now that translates into a APR of almost 5% to high for this car.

look at optima S for a better car/deal; lease cash somewhat offsets high mf

akg4y

I know this is in the wrong place but there is no Stinger thread yet.
Is there any info yet for a Stinger GT2 MF, Residual, Lease Cash in Richmond, VA?

kyfdx

akg4y said:

I know this is in the wrong place but there is no Stinger thread yet.
Is there any info yet for a Stinger GT2 MF, Residual, Lease Cash in Richmond, VA?

No info on the Stinger. Maybe, next month.

akg4y

kyfdx said:

akg4y said:

I know this is in the wrong place but there is no Stinger thread yet.
Is there any info yet for a Stinger GT2 MF, Residual, Lease Cash in Richmond, VA?

No info on the Stinger. Maybe, next month.

Thanks... sucks because according to some articles they are offering lease cash of $6800 on the GT2 top end model but only until 1/02. Would consider leasing it with that offer depending on the other numbers. Hopefully that deal will continue into the new year.

akg4y

Found it:
https://stingerforum.org/threads/kia-stinger-introductory-lease-deal.1154/

tonyg2016

Don't see a purchase thread for the 2018 Optima so i will ask here. The incentives for the Optima are complicated; not sure what applies to lease and what only applies to buys. Something new for December is an extra $500 denoted "Customer Cash Enhancement." Anyone know if this applies to leases?

https://www.autobytel.com/kia/optima/2018/incentives/

Michaell

tonyg2016 said:

Don't see a purchase thread for the 2018 Optima so i will ask here. The incentives for the Optima are complicated; not sure what applies to lease and what only applies to buys. Something new for December is an extra $500 denoted "Customer Cash Enhancement." Anyone know if this applies to leases?

https://www.autobytel.com/kia/optima/2018/incentives/

Generally, only the lease cash we quote is valid for leases. If there is loyalty or conquest, that will stack.

Most everything else is likely to be purchase incentives.

Why not reach out to the dealer and see what they say?

leaseplease73

Being December, what is the Residual/MF for Optima SX in AZ, please? Thanks.

leaseplease73

Oops, accidentally left out lease term, 36/12. Thanks.

kyfdx

leaseplease73 said:

Being December, what is the Residual/MF for Optima SX in AZ, please? Thanks.

leaseplease73 said:

Oops, accidentally left out lease term, 36/12. Thanks.

.00179 MF and 54% residual
$4600 lease cash

canv2000

Can you provide the numbers for the EX for 36m/12k. Thanks!

Michaell

canv2000 said:

Can you provide the numbers for the EX for 36m/12k. Thanks!

What state? Kia numbers are regional.

canv2000

TX please

Michaell

canv2000 said:

Can you provide the numbers for the EX for 36m/12k. Thanks!

canv2000 said:

TX please

.00180 and 52%
$4300 lease cash

xarsh98

Looking for Optima Plug-In Hybrid w/ Tech numbers for Norcal, 36 and 24 months, 10k and 12k

kyfdx

xarsh98 said:

Looking for Optima Plug-In Hybrid w/ Tech numbers for Norcal, 36 and 24 months, 10k and 12k

24/12: .00185 MF and 48% residual
$11,219 lease cash
24/10 not offered

36/12: .00181 MF and 43% residual
$10,219 lease cash
Add 1% for 36/10

illipro

Looking for number on 2018 Kia Optima SX Turbo 36/12 in Miami. Any lease cash?

kyfdx

illipro said:

Looking for number on 2018 Kia Optima SX Turbo 36/12 in Miami. Any lease cash?

.00179 MF and 54% residual
$4930 lease cash

xarsh98

kyfdx said:

xarsh98 said:

Looking for Optima Plug-In Hybrid w/ Tech numbers for Norcal, 36 and 24 months, 10k and 12k

24/12: .00185 MF and 48% residual
$11,219 lease cash
24/10 not offered

36/12: .00181 MF and 43% residual
$10,219 lease cash
Add 1% for 36/10

Would you also provide me with the numbers for the basic w/o Tech Package?

Michaell

xarsh98 said:

kyfdx said:

xarsh98 said:

Looking for Optima Plug-In Hybrid w/ Tech numbers for Norcal, 36 and 24 months, 10k and 12k

24/12: .00185 MF and 48% residual
$11,219 lease cash
24/10 not offered

36/12: .00181 MF and 43% residual
$10,219 lease cash
Add 1% for 36/10

Would you also provide me with the numbers for the basic w/o Tech Package?

Packages and options do not affect the lease numbers; just the trim level.

doncompare

Looking for numbers on 2018 optima sx for 36/18 in NJ.
Thanks

kyfdx

doncompare said:

Looking for numbers on 2018 optima sx for 36/18 in NJ.
Thanks

36/15
.00179 MF and 52% residual
$5260 lease cash

Check with the dealer for residual reduction amount for the extra 9000 miles.

farlzzz

Looking for numbers in Suffolk County NY for Optima S 24/12 24/10 36/12 36/10.  Also what % off msrp should I be aiming for?  Thanks!

kyfdx

farlzzz said:

Looking for numbers in Suffolk County NY for Optima S 24/12 24/10 36/12 36/10.  Also what % off msrp should I be aiming for?  Thanks!

24/12: .00177 MF and 58% residual. $5140 lease cash
36/12: .00175 MF and 53% residual. $4860 lease cash
Add 1% for 36/10
24/10 is not offered

We don't track discounts or pricing.

texasandrew

Could I please get the RV and MF for a 2018 Optima SXL 24 and 36, both 15k, or is 12k the highest. State of Texas. And leasing cash. Thank you!

Michaell

texasandrew said:

Could I please get the RV and MF for a 2018 Optima SXL 24 and 36, both 15k, or is 12k the highest. State of Texas. And leasing cash. Thank you!

There is no SXL trim for the 2018 Optima.

texasandrew

SX Turbo, sorry.

texasandrew

Michaell said:

Could I please get the RV and MF for a 2018 Optima SXL 24 and 36, both 15k, or is 12k the highest. State of Texas. And leasing cash. Thank you!

There is no SXL trim for the 2018 Optima.

SX Turbo, sorry.

kyfdx

texasandrew said:

Michaell said:

texasandrew said:

Could I please get the RV and MF for a 2018 Optima SXL 24 and 36, both 15k, or is 12k the highest. State of Texas. And leasing cash. Thank you!

There is no SXL trim for the 2018 Optima.

SX Turbo, sorry.

36/15
.00179 MF and 52% residual
$4930 lease cash

24/15
.00183 MF and 57% residual
$5420 lease cash

bhushank

Can i get the residual, MF and lease cash offers on the 2018 Optima - both the S and EX trims for PA (zip 19460) for 36/10 and 36/12

Thanks!

kyfdx

bhushank said:

Can i get the residual, MF and lease cash offers on the 2018 Optima - both the S and EX trims for PA (zip 19460) for 36/10 and 36/12

Thanks!

36/12
S: .00175 MF and 53% residual. $4530 lease cash
EX: .00180 MF and 52% residual. $4630 lease cash

Add 1% for 10K/yr

cmklein20

SX Turbo 24/12 or 24/10 if there is such a thing. CA. Thanks!

kyfdx

cmklein20 said:

SX Turbo 24/12 or 24/10 if there is such a thing. CA. Thanks!

24/12:
.00183 MF and 59% residual
$5420 lease cash

10K not offered on 24 month term.

superposition

Socal/Orange County, CA

2018 Kia Optima EX

36/10 and 36/7500

RV/MF/LEASE CASH/REBATES

Please and thank you