2019 Kia Sorento Lease Deals and Prices

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Comments

  • MichaellMichaell Moderator Posts: 264,225
    gnaledge said:

    I'm looking at a 2019 EX AWD V6 with touring package. From what I can see on the payment sheet I received, the RV is 56% and there's $4,920 lease cash (36 months). I do not have the MF and credit score is not an issue. MSRP $41,985 dealer savings of $2,674 and offered $7,500 for my trade. Was told my monthly payment would be $277 and this seems high. This would be my first lease and I'm just making sure I'm not missing something in my calculations. Zip 15236. Thanks!

    .00200 MF

    What is the net cap cost the dealer is using for that quote?

    And, we'd recommend you not use the trade equity as down payment; you'd lose that money if the car is stolen or totaled. Better to have the dealer give you a check for the equity, after the first payment, taxes and registration costs are paid for.

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  • gnaledgegnaledge Member Posts: 2
    @Michaell It's not shown on the sheet but if I've done my calculation correctly the net cap cost is $27,241. We pay 7% sales tax here if that helps.

    Also, thanks for the info about not using the trade equity, I hadn't thought of it that way. Appreciate the advice!
  • MichaellMichaell Moderator Posts: 264,225
    gnaledge said:

    @Michaell It's not shown on the sheet but if I've done my calculation correctly the net cap cost is $27,241. We pay 7% sales tax here if that helps.

    Also, thanks for the info about not using the trade equity, I hadn't thought of it that way. Appreciate the advice!

    Be advised that in PA there is a 3% specific lease tax, so your total sales tax burden will be 10%

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  • DJC88DJC88 Member Posts: 12
    Hello looking for MF/RV/incentives for 53132

    Lx Awd v6 12k/36mo
    Lx Awd 4cyl 12k/36mo

  • MichaellMichaell Moderator Posts: 264,225
    DJC88 said:

    Hello looking for MF/RV/incentives for 53132

    Lx Awd v6 12k/36mo
    Lx Awd 4cyl 12k/36mo

    V6 - .00195 and 55%; $5120 lease cash
    I4 - .00197 and 55%; $4520 lease cash

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  • Jcheck6545Jcheck6545 Member Posts: 20
    Hello, 

    Looking for numbers in sx limited by FWD in 33967 on 36/10

    Thank you
  • MichaellMichaell Moderator Posts: 264,225

    Hello, 

    Looking for numbers in sx limited by FWD in 33967 on 36/10

    Thank you

    .00197 and 52%
    $7120 lease cash

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  • Ricky_Bobby4074Ricky_Bobby4074 Member Posts: 6
    Hi! Looking for 36 mo/10k MF/RV/Incentives on LX FWD and AWD in zip 48042. Thanks!
  • MichaellMichaell Moderator Posts: 264,225

    Hi! Looking for 36 mo/10k MF/RV/Incentives on LX FWD and AWD in zip 48042. Thanks!

    2.4L or V6?

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  • Ricky_Bobby4074Ricky_Bobby4074 Member Posts: 6
    Michaell said:

    Hi! Looking for 36 mo/10k MF/RV/Incentives on LX FWD and AWD in zip 48042. Thanks!

    2.4L or V6?
    2.4L
  • MichaellMichaell Moderator Posts: 264,225

    Michaell said:

    Hi! Looking for 36 mo/10k MF/RV/Incentives on LX FWD and AWD in zip 48042. Thanks!

    2.4L or V6?
    2.4L
    FWD - .00197 and 54%; $4730 lease cash
    AWD - .00197 and 56%; $4520 lease cash

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  • Ricky_Bobby4074Ricky_Bobby4074 Member Posts: 6
    Michaell said:

    Michaell said:

    Hi! Looking for 36 mo/10k MF/RV/Incentives on LX FWD and AWD in zip 48042. Thanks!

    2.4L or V6?
    2.4L
    FWD - .00197 and 54%; $4730 lease cash
    AWD - .00197 and 56%; $4520 lease cash
    Thanks! Are there stipulations on who qualifies for the lease cash?
  • MichaellMichaell Moderator Posts: 264,225

    Michaell said:

    Michaell said:

    Hi! Looking for 36 mo/10k MF/RV/Incentives on LX FWD and AWD in zip 48042. Thanks!

    2.4L or V6?
    2.4L
    FWD - .00197 and 54%; $4730 lease cash
    AWD - .00197 and 56%; $4520 lease cash
    Thanks! Are there stipulations on who qualifies for the lease cash?
    Nope.

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  • Crazy_BugCrazy_Bug Member Posts: 26
    Hi,
    Please share the MF, residual and rebates for zip code 89521 for 36 months 10k or less miles. TIA.
  • MichaellMichaell Moderator Posts: 264,225
    Crazy_Bug said:

    Hi,
    Please share the MF, residual and rebates for zip code 89521 for 36 months 10k or less miles. TIA.

    What trim?
    FWD or AWD?

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  • Crazy_BugCrazy_Bug Member Posts: 26
    LX/EX FWD
  • MichaellMichaell Moderator Posts: 264,225
    Crazy_Bug said:

    Hi,
    Please share the MF, residual and rebates for zip code 89521 for 36 months 10k or less miles. TIA.

    Crazy_Bug said:

    LX/EX FWD

    For the LX, 2.4 or V6?

    EX FWD - .00195 and 55%; $4900 lease cash

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  • mduff560mduff560 Member Posts: 47
    Hi,

    I'm looking for the MF, residual, and rebates for zip code 01880 for 12/36 for:

    LX I4 AWD
    LX I4 FWD

    Thanks in advance!
  • kyfdxkyfdx Moderator Posts: 267,604
    mduff560 said:

    Hi,

    I'm looking for the MF, residual, and rebates for zip code 01880 for 12/36 for:

    LX I4 AWD
    LX I4 FWD

    Thanks in advance!

    .00197 MF and 55% residual. $5160 lease cash
    .00197 MF and 53% residual. $5390 lease cash

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  • mduff560mduff560 Member Posts: 47
    I'm new to this site. How does one use this information to their advantage? I'm seeing a lease deal on a local Kia site, saying a car with a MSRP of 30,755 with a "Quirk Discount" of 10,686. Also, is the sales tax of the MSRP typically included in the fees when calculating my lease payment?
  • MichaellMichaell Moderator Posts: 264,225
    mduff560 said:

    I'm new to this site. How does one use this information to their advantage? I'm seeing a lease deal on a local Kia site, saying a car with a MSRP of 30,755 with a "Quirk Discount" of 10,686. Also, is the sales tax of the MSRP typically included in the fees when calculating my lease payment?

    Use this link to help understand all the numbers:
    https://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html

    MA taxes the lease payment, each month.

    The prices posted on line may include incentives that aren't compatible with a lease, just so you are aware.

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  • Jolisa003_Jolisa003_ Member Posts: 11
    Need quote for Sorento V6 AWD, all trim levels.
    36/10 k in 60181.
  • MichaellMichaell Moderator Posts: 264,225

    Need quote for Sorento V6 AWD, all trim levels.
    36/10 k in 60181.

    LX - .00195 and 56%; $5120 lease cash and $1000 Convenience Package bonus
    EX - .00200 and 57%; $4920 lease cash
    SX - .00198 and 55%: $5820 lease cash
    SXL - .00197 and 54%; $6620 lease cash

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  • Sir_Cular1Sir_Cular1 Member Posts: 7
    edited April 2019
    kyfdx said:
    Numbers for the following please.

    LX V6 AWD in 01879 for 36/10
    .00195 MF and 56% residual $5760 lease cash
    Thanks again for the numbers. There was an additional $1,000 rebate for the LX V6 convenience package.

    The MSRP was $36,335. Paid $283 a month for 36/10 including sales tax. Only money out of pocket was the first payment. No trade.

    I think the end of the month helped the deal a little or maybe my persistence. 👍
  • MichaellMichaell Moderator Posts: 264,225


    kyfdx said:

    Numbers for the following please.

    LX V6 AWD in 01879 for 36/10
    .00195 MF and 56% residual
    $5760 lease cash

    Thanks again for the numbers. There was an additional $1,000 rebate for the LX V6 convenience package.

    The MSRP was $36,335. Paid $283 a month for 36/10 including sales tax. Only money out of pocket was the first payment. No trade.

    I think the end of the month helped the deal a little or maybe my persistence. 👍

    It was probably a little bit of both.

    Congrats, and thanks for sharing your deal details with us.

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  • dimka8dimka8 Member Posts: 23
    Could not make a good deal this month,
    on the similar LX V6 with convenience package.: ( even with extra Convenience Package Bonus Cash ($1,000))

    Decided not to pull the trigger, here are the details (dealer in NJ )

    Special $317 for 36 months with $1 down payment offer valid on new and unregistered 2019 Sorento LX V6 AWD (74422) to well-qualified lessees approved by Kia Motors Finance.
    Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings.
    MSRP $36,495 (includes Kia destination and handling fee, excludes tax, federal/state fees, emissions,
    $399.00 documentation/processing fee, license, title, registration,
    $7.50 tire fee, options not listed, dealer installed equipment not listed, dealer installation fees (if applicable), dealer fees, insurance and the like).
    Actual net capitalized cost $28,088.
    Net capitalized cost includes $650 acquisition fee, and may include all applicable offers and
    incentives of up to $6,760 for qualified lessees which includes 2019 Kia Sorento LX V6 AWD Lease Cash and Special Financing [502] ($5,760),
    2019 Kia Sorento LX V6 Convenience Package Bonus Cash ($1,000). Total monthly payments $11,412.
    Option to purchase at lease end $20,072. Must take new retail delivery on vehicle from dealer stock by end of program date.
    Lessee responsible for maintenance, excessive wear/tear and 0.20¢/mile over 12,000 miles/year. Please contact us for complete details. Offer valid through April 30th, 2019.
  • EM305EM305 Member Posts: 89
    MF, RV and incentives for SX and SXL 36/15 and 24/15. Zip 08871. Thanks
  • Pablo_DiabloPablo_Diablo Member Posts: 127
    dimka8 said:
    Could not make a good deal this month, on the similar LX V6 with convenience package.: ( even with extra Convenience Package Bonus Cash ($1,000)) Decided not to pull the trigger, here are the details (dealer in NJ ) Special $317 for 36 months with $1 down payment offer valid on new and unregistered 2019 Sorento LX V6 AWD (74422) to well-qualified lessees approved by Kia Motors Finance. Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings. MSRP $36,495 (includes Kia destination and handling fee, excludes tax, federal/state fees, emissions, $399.00 documentation/processing fee, license, title, registration, $7.50 tire fee, options not listed, dealer installed equipment not listed, dealer installation fees (if applicable), dealer fees, insurance and the like). Actual net capitalized cost $28,088. Net capitalized cost includes $650 acquisition fee, and may include all applicable offers and incentives of up to $6,760 for qualified lessees which includes 2019 Kia Sorento LX V6 AWD Lease Cash and Special Financing [502] ($5,760), 2019 Kia Sorento LX V6 Convenience Package Bonus Cash ($1,000). Total monthly payments $11,412. Option to purchase at lease end $20,072. Must take new retail delivery on vehicle from dealer stock by end of program date. Lessee responsible for maintenance, excessive wear/tear and 0.20¢/mile over 12,000 miles/year. Please contact us for complete details. Offer valid through April 30th, 2019. 

    -----------------------------------------


    looks like dealer contribution is about 2400 off msrp. But then you got 399 doc fee profit and whatever other fees and their dealer fee, if you figure 500 to 1000 worth of those.

    2400 - 750+399 = 1249 total discount from the dealer,

    Didn't check but I'm assuming they're roughly 500 over invoice after all the games? 

    Not a great deal in my opinion, but not a bad deal
  • Pablo_DiabloPablo_Diablo Member Posts: 127
    edited May 2019
    33411 program on 36/12 Sorento EX FWD lease? Pleasssse. Did May come out yet? 
  • MichaellMichaell Moderator Posts: 264,225
    EM305 said:

    MF, RV and incentives for SX and SXL 36/15 and 24/15. Zip 08871. Thanks

    FWD or AWD?

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  • MichaellMichaell Moderator Posts: 264,225

    33411 program on 36/12 Sorento EX FWD lease? Pleasssse. Did May come out yet? 

    .00200 and 53%
    $5620 lease cash

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  • MF, residual and all incentives for 2019 Kia Sorento SX Limited AWD in 96080 @ 24m/15k and 36m/15k. Thanks.
  • mduff560mduff560 Member Posts: 47
    kyfdx said:

    mduff560 said:

    Hi,

    I'm looking for the MF, residual, and rebates for zip code 01880 for 12/36 for:

    LX I4 AWD
    LX I4 FWD

    Thanks in advance!

    .00197 MF and 55% residual. $5160 lease cash
    .00197 MF and 53% residual. $5390 lease cash
    Are there any updates on these for May?
  • MichaellMichaell Moderator Posts: 264,225

    MF, residual and all incentives for 2019 Kia Sorento SX Limited AWD in 96080 @ 24m/15k and 36m/15k. Thanks.

    .00210 and 54%; $8620 lease cash
    .00196 and 49%; $7420 lease cash

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  • MichaellMichaell Moderator Posts: 264,225
    mduff560 said:

    kyfdx said:

    mduff560 said:

    Hi,

    I'm looking for the MF, residual, and rebates for zip code 01880 for 12/36 for:

    LX I4 AWD
    LX I4 FWD

    Thanks in advance!

    .00197 MF and 55% residual. $5160 lease cash
    .00197 MF and 53% residual. $5390 lease cash
    Are there any updates on these for May?
    AWD - .00195 and 53%; $5660 lease cash
    FWD - .00193 and 52%; $5590 lease cash

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  • Dave77Dave77 Member Posts: 3
    Hello.  Looking for MF, residual and incentives for 2019 Sorento SX AWD in 48326, for 36 mo. 12k.
  • MichaellMichaell Moderator Posts: 264,225
    Dave77 said:

    Hello.  Looking for MF, residual and incentives for 2019 Sorento SX AWD in 48326, for 36 mo. 12k.

    .00199 and 53%
    $6220 lease cash

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  • mikec17mikec17 Member Posts: 15
    I'm working on a lease for KIA Sorento 2.4L LX AWD this is what I've been offered:

    $1,000 down (covers taxes, fees, and 1st payment)
    51% residual
    28001 cap cost
    $295/month payment

    Is this a decent deal?
  • MichaellMichaell Moderator Posts: 264,225
    mikec17 said:

    I'm working on a lease for KIA Sorento 2.4L LX AWD this is what I've been offered:

    $1,000 down (covers taxes, fees, and 1st payment)
    51% residual
    28001 cap cost
    $295/month payment

    Is this a decent deal?

    MSRP?
    ZIP Code?
    Lease term and miles per year?

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  • RebuiltAzRebuiltAz Member Posts: 22
    Looking for MF, residual, and incentives for Kia Sorento EX V6? AWD and FWD please. Zip is 85302. Thanks in advance.
  • kyfdxkyfdx Moderator Posts: 267,604
    RebuiltAz said:

    Looking for MF, residual, and incentives for Kia Sorento EX V6? AWD and FWD please. Zip is 85302. Thanks in advance.

    36/15
    AWD: .00198 MF and 53% residual. $4900 lease cash
    FWD: .00200 MF and 51% residual. $5300 lease cash

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  • nightingalenightingale Member Posts: 15
    edited May 2019
    Looking for MF, RV, and incentives for Kia Sorento LX AWD and LX V6 AWD for zip 07013. 36/12k. Thanks!
  • ksk385ksk385 Member Posts: 76
    Hi, can you give me the residual, MF and incentives for Sorento SX AWD? I am looking for 36m/39m and 12k/10k. 

    I live in 11714 and 07047. 

    Thanks in advance.
  • MichaellMichaell Moderator Posts: 264,225

    Looking for MF, RV, and incentives for Kia Sorento LX AWD and LX V6 AWD for zip 07013. 36/12k. Thanks!

    I4 - .00195 and 53%; $5660 lease cash
    V6 - .00196 and 54%; $6060 lease cash

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  • MichaellMichaell Moderator Posts: 264,225
    ksk385 said:

    Hi, can you give me the residual, MF and incentives for Sorento SX AWD? I am looking for 36m/39m and 12k/10k. 

    I live in 11714 and 07047. 

    Thanks in advance.
    No 39 month term from Kia

    36/12
    .00199 and 53%
    $6860 lease cash

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  • ksk385ksk385 Member Posts: 76
    Michaell said:
    Hi, can you give me the residual, MF and incentives for Sorento SX AWD? I am looking for 36m/39m and 12k/10k. 

    I live in 11714 and 07047. 

    Thanks in advance.
    No 39 month term from Kia 36/12 .00199 and 53% $6860 lease cash
    What about 10k?
  • kyfdxkyfdx Moderator Posts: 267,604
    ksk385 said:


    Michaell said:

    Hi, can you give me the residual, MF and incentives for Sorento SX AWD? I am looking for 36m/39m and 12k/10k. 

    I live in 11714 and 07047. 

    Thanks in advance.
    No 39 month term from Kia

    36/12
    .00199 and 53%
    $6860 lease cash

    What about 10k?

    +1%

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  • dimka8dimka8 Member Posts: 23
    Greetings,
    Could you please provide updated May numbers of the MF/RF and lease cash in 08536 ( NJ ) for trims below:

    LX V6 FWD 36mo/12k
    LX V6 AWD 36mo/12k

    ( is the Convenience Pkge Bonus of $1000 still available for these models ? )


    EX FWD 36mo/12k
    EX AWD 36mo/12k

    Thanks
  • kyfdxkyfdx Moderator Posts: 267,604
    dimka8 said:

    Greetings,
    Could you please provide updated May numbers of the MF/RF and lease cash in 08536 ( NJ ) for trims below:

    LX V6 FWD 36mo/12k
    LX V6 AWD 36mo/12k

    ( is the Convenience Pkge Bonus of $1000 still available for these models ? )


    EX FWD 36mo/12k
    EX AWD 36mo/12k

    Thanks

    LX AWD: .00196 MF and 54% residual. $6060 lease cash
    LX FWD: .00199 MF and 52% residual. $6360 lease cash
    (no bonus for CV pkg)

    EX AWD: .00198 MF and 55% residual. $5860 lease cash
    EX FWD: .00200 MF and 53% residual. $6260 lease cash

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  • mduff560mduff560 Member Posts: 47
    Can I get the May numbers for 36/12 in zip 01880 for the following trims:

    LX V6 FWD
    LX V6 AWD

    TIA!
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