2019 Kia Sorento Lease Deals and Prices

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  • lacoughlacough Member Posts: 16
    can you please provide 2019 Sorento EX and SX 12/36 Long Island? MF and Residual

    thanks!
  • kyfdxkyfdx Moderator Posts: 267,637
    lacough said:

    can you please provide 2019 Sorento EX and SX 12/36 Long Island? MF and Residual

    thanks!

    FWD or AWD?

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  • lacoughlacough Member Posts: 16
    kyfdx said:

    lacough said:

    can you please provide 2019 Sorento EX and SX 12/36 Long Island? MF and Residual

    thanks!

    FWD or AWD?
    AWD please. Thank you!
  • MichaellMichaell Moderator Posts: 264,435
    lacough said:

    kyfdx said:

    lacough said:

    can you please provide 2019 Sorento EX and SX 12/36 Long Island? MF and Residual

    thanks!

    FWD or AWD?
    AWD please. Thank you!
    EX - .00231 and 58%; $5290 lease cash
    SX - .00233 and 56%; $6390 lease cash

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  • BradHPBradHP Member Posts: 27
    Has anyone had a successful deal recently? I'm wondering what kind of sales price people are getting compared to the MSRP.

    And a funny thing I'm noticing--I'll go to a listing on one of my local dealerships, and then build one on the Kia website with all of the same options, and the MSRP on Kia.com comes out lower than what the dealership lists. Is that normal?
  • schmeglschmegl Member Posts: 52
    edited August 2018
    To Michaell and others providing us assistance on these message boards, THANK YOU!
    This is the deal we closed this weekend on a 2019 Kia Sorento SX FWD

    Deal breakdown:

    Lease terms: 36/10
    State: Florida
    Sales Tax Rate: 7.0%
    MSRP: $41,220.00
    Negotiated Price not including dealers fees: $37,659.70
    Acquisition Fee: $650.00
    Gross Cap Cost: $38,309.70
    Lease Cash: $6,130.00
    Tax on Lease Cash: $429.10
    Net Cap Cost: $32,608.80
    Residual: 55%
    MF: 0.00231
    3 year/36k free scheduled maintenance
    35 payments of $432.00 including tax
    Drive off: $682.00 = $432 + $250 tag transfer allowance (1st month plus tag transfer allowance) on a 2% cashback credit card

    I think this is a solid deal. Summing it up, we are paying a total of $16,202 including tax and fees to drive this $41,220 MSRP (plus tax) car for 3 years, including the $400 disposition fee. I do not think we could have landed this deal without the help from everyone here. I pass on this market intelligence in hopes to pay it forward.

    Also, this is our 3rd Kia and second Sorento currently in our garage. We have found our Kias – especially the Sorento - to be excellent cars and incredible values, even compared to cars costing many tens of thousands of dollars more. We hope this new Sorento exceeds our prior experience with Kia.

    Again, Thank you Michaell and others!
  • MichaellMichaell Moderator Posts: 264,435
    schmegl said:

    To Michaell and others providing us assistance on these message boards, THANK YOU!
    This is the deal we closed this weekend on a 2019 Kia Sorento SX FWD

    Deal breakdown:

    Lease terms: 36/10
    State: Florida
    Sales Tax Rate: 7.0%
    MSRP: $41,220.00
    Negotiated Price not including dealers fees: $37,659.70
    Acquisition Fee: $650.00
    Gross Cap Cost: $38,309.70
    Lease Cash: $6,130.00
    Tax on Lease Cash: $429.10
    Net Cap Cost: $32,608.80
    Residual: 55%
    MF: 0.00231
    3 year/36k free scheduled maintenance
    35 payments of $432.00 including tax
    Drive off: $682.00 = $432 + $250 tag transfer allowance (1st month plus tag transfer allowance) on a 2% cashback credit card

    I think this is a solid deal. Summing it up, we are paying a total of $16,202 including tax and fees to drive this $41,220 MSRP (plus tax) car for 3 years, including the $400 disposition fee. I do not think we could have landed this deal without the help from everyone here. I pass on this market intelligence in hopes to pay it forward.

    Also, this is our 3rd Kia and second Sorento currently in our garage. We have found our Kias – especially the Sorento - to be excellent cars and incredible values, even compared to cars costing many tens of thousands of dollars more. We hope this new Sorento exceeds our prior experience with Kia.

    Again, Thank you Michaell and others!

    Congrats, and thank you for sharing your deal details with us.

    Enjoy your new Kia!

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  • zunairsharifzunairsharif Member Posts: 144
    Hello may I get the RV and MF for a Sorento EX V6 AWD for 24 mo and 36 mo ( 12k/yr ) zip 11040
  • kyfdxkyfdx Moderator Posts: 267,637
    zunairsharif said:

    Hello may I get the RV and MF for a Sorento EX V6 AWD for 24 mo and 36 mo ( 12k/yr ) zip 11040

    .00244 MF and 62% residual. $5960 lease cash
    .00231 MF and 58% residual. $5290 lease cash

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  • schmeglschmegl Member Posts: 52
    edited August 2018
    Michaell said:

    schmegl said:

    To Michaell and others providing us assistance on these message boards, THANK YOU!
    This is the deal we closed this weekend on a 2019 Kia Sorento SX FWD

    Deal breakdown:

    Lease terms: 36/10
    State: Florida
    Sales Tax Rate: 7.0%
    MSRP: $41,220.00
    Negotiated Price not including dealers fees: $37,659.70
    Acquisition Fee: $650.00
    Gross Cap Cost: $38,309.70
    Lease Cash: $6,130.00
    Tax on Lease Cash: $429.10
    Net Cap Cost: $32,608.80
    Residual: 55%
    MF: 0.00231
    3 year/36k free scheduled maintenance
    23 payments of $432.00 including tax
    Drive off: $682.00 = $432 + $250 tag transfer allowance (1st month plus tag transfer allowance) on a 2% cashback credit card

    I think this is a solid deal. Summing it up, we are paying a total of $16,202 including tax and fees to drive this $41,220 MSRP (plus tax) car for 3 years, including the $400 disposition fee. I do not think we could have landed this deal without the help from everyone here. I pass on this market intelligence in hopes to pay it forward.

    Also, this is our 3rd Kia and second Sorento currently in our garage. We have found our Kias – especially the Sorento - to be excellent cars and incredible values, even compared to cars costing many tens of thousands of dollars more. We hope this new Sorento exceeds our prior experience with Kia.

    Again, Thank you Michaell and others!

    Congrats, and thank you for sharing your deal details with us.

    Enjoy your new Kia!
    Thanks Michaell!

    The real screaming deal for many Kias is to lease the car with max lease cash, make one payment at drive off, then immediately pay off the lease. By doing this you can effectively buy these cars for around $10,000 off MSRP – almost 25% off MSRP. For example, assuming we did our deal with the same dealer discount, but with the 24/12 lease with $7,120 lease cash (instead of the $6,130 lease cash we took for the 36/10 lease), here is what you can do:

    Lease terms: 24/12
    State: Florida
    Sales Tax Rate: 7.0%
    MSRP: $41,220.00
    Negotiated Price including dealer fees: $37,659.70
    Acquisition Fee: $650.00
    Gross Cap Cost: $38,309.70
    Lease Cash: $7,120.00
    Tax on Lease Cash: $498.40
    Net Cap Cost: $31,688.10 (in the lease, the “Adjusted Capitalized Cost”)
    Residual: 58%
    MF: 0.00240
    3 year/36k free scheduled maintenance

    35 payments of $489.65 including tax
    Drive off: $739.65 = $489.65 + $250 tag transfer allowance (1st month plus tag transfer allowance) on a 2% cashback credit card

    Now, after you leave the dealership, wait a few days and call Kia financial and get the buyout number for the lease, which will be approximately:

    $31,688.10 (Adjusted Capitalized Cost)
    - $489.65 (the 1st payment you made at drive off)
    = $31,198.45 (Lease buyout amount)
    + $150.00 (Purchase Option Fee)
    + $2,183.89 (Sales Tax)
    = $33,532.34 (the Buyout amount including tax)
    + $489.65 (the amount you paid on the 1st payment)
    = $34,021.99 Total purchase price including taxes and fees.

    Doing this immediate lease buyout will probably save a few thousand dollars during the life of the lease due to the high money factor. But, it remember, you will be paying sales tax on the entire value of the car, rather simply on each payment, and also you will be out of pocket $34,021.99, which you could earn 2.65% on in no risk 1 year CDs at the bank. If you want to hold the car for the life of the 5 year warranty you will probably save $2,000 - $5,000 over the life of the lease doing this rather than making all lease payments. So, it is not a no-brainer deal, but it should be seriously considered. We considered doing this because it is such a screaming deal, but at the end of the day we like getting new cars every 2 or 3 years, so we decided to not buy out the lease.
  • sandman378sandman378 Member Posts: 30
    Hi guys, can you please provide the RV, MF, and incentives for an FWD L, FWD LX, and a FWD LX V6 for 36/15 in 33027? Thanks!
  • kyfdxkyfdx Moderator Posts: 267,637
    sandman378 said:

    Hi guys, can you please provide the RV, MF, and incentives for an FWD L, FWD LX, and a FWD LX V6 for 36/15 in 33027? Thanks!

    No lease program for the L model

    LX: .00231 MF and 53% residual. $4730 lease cash
    LXV6: .00230 MF and 54% residual. $5230 lease cash

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  • tlewtlew Member Posts: 1
    Hello, can you please provide MF, RV, and lease cash for the 2019 AWD SX and AWD SXL for 36/10 around Washington DC? Thank you!
  • MichaellMichaell Moderator Posts: 264,435
    tlew said:

    Hello, can you please provide MF, RV, and lease cash for the 2019 AWD SX and AWD SXL for 36/10 around Washington DC? Thank you!

    SX AWD - .00233 and 57%; $5400 lease cash
    SXL AWD - .00231 and 56%; $6300 lease cash

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  • tribalmatttribalmatt Member Posts: 19
    edited September 2018
    I think we have new lease terms for Kia starting 9/5. Could I get an update for the details on a 2019 Sorento SXL AWD 12/24 and 12/36 zip 94610 CA

    Thanks again.
  • MichaellMichaell Moderator Posts: 264,435
    tribalmatt said:

    I think we have new lease terms for Kia starting 9/5. Could I get an update for the details on a 2019 Sorento SXL AWD 12/24 and 12/36 zip 94610 CA

    Thanks again.

    .00206 and 57%; $8220 lease cash
    .00204 and 53%; $7030 lease cash

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  • DHK87DHK87 Member Posts: 2
    Hi, I would like to get MF and RV for 2019 SX AWD 36/10 and/or 36/12 in NY 11361. Thank you so much.
  • kyfdxkyfdx Moderator Posts: 267,637
    DHK87 said:

    Hi, I would like to get MF and RV for 2019 SX AWD 36/10 and/or 36/12 in NY 11361. Thank you so much.

    .00196 MF
    56%/55% residual
    $6190 lease cash

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  • maverick_1maverick_1 Member Posts: 11
    Can I get the Sept numbers for Sorento AWD SXL for zip 98007. 36/12k
  • kyfdxkyfdx Moderator Posts: 267,637
    maverick_1 said:

    Can I get the Sept numbers for Sorento AWD SXL for zip 98007. 36/12k

    .00204 MF and 53% residual
    $6700 lease cash

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  • maverick_1maverick_1 Member Posts: 11
    kyfdx said:

    maverick_1 said:

    Can I get the Sept numbers for Sorento AWD SXL for zip 98007. 36/12k

    .00204 MF and 53% residual
    $6700 lease cash
    Thank you :smile:
    Can I also get the Sept numbers for Sorento AWD SX for zip 98007. 36/12k?
  • MichaellMichaell Moderator Posts: 264,435
    maverick_1 said:

    kyfdx said:

    maverick_1 said:

    Can I get the Sept numbers for Sorento AWD SXL for zip 98007. 36/12k

    .00204 MF and 53% residual
    $6700 lease cash
    Thank you :smile:
    Can I also get the Sept numbers for Sorento AWD SX for zip 98007. 36/12k?
    .00196 and 55%
    $5200 lease cash

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  • wlsghtmeod1wlsghtmeod1 Member Posts: 24
    wlsghtmeod1 said:

    Hello! Can I get numbers for SX and EX fwd 36/12 and 24/12 in 90505?

    SXL as well Please!
  • kyfdxkyfdx Moderator Posts: 267,637
    wlsghtmeod1 said:

    wlsghtmeod1 said:

    Hello! Can I get numbers for SX and EX fwd 36/12 and 24/12 in 90505?

    SXL as well Please!
    EX:
    .00208 MF and 59% residual. $5920 lease cash
    .00199 MF and 55% residual. $4930

    SX
    .00203 MF and 57%. $7120
    .00198 MF and 53%. $6130

    SXL
    .00206 MF and 56%. $8620
    .00203 MF and 52%. $7130

    $500 KMF bonus cash on all three

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  • DHK87DHK87 Member Posts: 2
    Can I get sx awd 24/12 in ny 11361?
  • kyfdxkyfdx Moderator Posts: 267,637
    DHK87 said:

    Can I get sx awd 24/12 in ny 11361?

    .00207 MF and 59% residual
    $7160 lease cash
    +$500 KMF bonus cash

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  • white59rtwhite59rt Member Posts: 17
    Can I get RV/MF/Incentives for LX V6 AWD in 98370 for 36/10 and 12
  • kyfdxkyfdx Moderator Posts: 267,637
    white59rt said:

    Can I get RV/MF/Incentives for LX V6 AWD in 98370 for 36/10 and 12

    36/12
    .00203 MF and 56% residual
    $4800 lease cash

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  • NCCLTNCCLT Member Posts: 8
    May I have MF, RV, and incentives for 2019 SXL V6 AWD 24/12 for zip 28202 please?
  • MichaellMichaell Moderator Posts: 264,435
    NCCLT said:

    May I have MF, RV, and incentives for 2019 SXL V6 AWD 24/12 for zip 28202 please?

    .00206 and 57%
    $8000 lease cash

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  • Bizzyboy04Bizzyboy04 Member Posts: 2
    edited October 2018
    Hi, may I get the RV, MF and incentives for a 2019 SX and SXL? 36/10 and 36/12?  How long will those values last before Kia release their next numbers? Location 92843
  • albert72albert72 Member Posts: 203
    edited October 2018
    Do the MF and RV change with Kia depending on which part of the country one lives in? Can you give me this information on a 24mo lease 10 and 12k for the SXL and SX model? Are there any lease incentives? Thank you,



    Thank you,
  • MichaellMichaell Moderator Posts: 264,435
    Bizzyboy04 said:

    Hi, may I get the RV, MF and incentives for a 2019 SX and SXL? 36/10 and 36/12?  How long will those values last before Kia release their next numbers? Location 92843

    FWD or AWD?

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  • MichaellMichaell Moderator Posts: 264,435
    albert72 said:

    Do the MF and RV change with Kia depending on which part of the country one lives in? Can you give me this information on a 24mo lease 10 and 12k for the SXL and SX model? Are there any lease incentives? Thank you,



    Thank you,

    Yes, the numbers are regional.

    What ZIP code?

    FWD or AWD?

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  • albert72albert72 Member Posts: 203
    Michaell said:

    albert72 said:

    Do the MF and RV change with Kia depending on which part of the country one lives in? Can you give me this information on a 24mo lease 10 and 12k for the SXL and SX model? Are there any lease incentives? Thank you,



    Thank you,

    Yes, the numbers are regional.

    What ZIP code?

    FWD or AWD?
    07845 AWD Thanks
  • keojmokeojmo Member Posts: 1
    edited October 2018
    Can i get the numbers for a EX V6 AWD AND SXL in 01545? 2 YEARS AND 3 YEARS 15K miles?
    Thank you!
  • kyfdxkyfdx Moderator Posts: 267,637
    albert72 said:

    Michaell said:

    albert72 said:

    Do the MF and RV change with Kia depending on which part of the country one lives in? Can you give me this information on a 24mo lease 10 and 12k for the SXL and SX model? Are there any lease incentives? Thank you,



    Thank you,

    Yes, the numbers are regional.

    What ZIP code?

    FWD or AWD?
    07845 AWD Thanks
    10K is not offered for 24 months.
    24/12
    SX: .00207 MF and 59% residual
    $7160 lease cash

    SXL: .00206 MF and 57% residual
    $8660 lease cash

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  • kyfdxkyfdx Moderator Posts: 267,637
    keojmo said:

    Can i get the numbers for a EX V6 AWD AND SXL in 01545? 2 YEARS AND 3 YEARS 15K miles?
    Thank you!

    EX
    .00208 MF and 59% residual. $5960 lease cash
    .00205 MF and 55% residual. $5290 lease cash

    SXL
    .00206 MF and 55% residual. $8660 lease cash
    .00204 MF and 51% residual. $7690 lease cash

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  • LdscLdsc Member Posts: 20
    edited October 2018
    What are the typical Lease monthly payments for an SXL with AWD in 38011, Memphis TN? for 15K 36 month, money factor and residual? Thank for the help!
  • it_padawanit_padawan Member Posts: 3
    Good morning!

    First I'd like to say thank you for all that you and your colleagues do to provide this invaluable information!

    Can I trouble you for
    ZIP 11581
    Blue 2019 Kia Sorento SX AWD with Touring package
    3 years, 10K/Year and 12K/Year
  • kyfdxkyfdx Moderator Posts: 267,637
    Ldsc said:

    What are the typical Lease monthly payments for an SXL with AWD in 38011, Memphis TN? for 15K 36 month, money factor and residual? Thank for the help!

    .00204 MF and 51% residual
    $6700 lease cash

    No info on pricing.

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  • kyfdxkyfdx Moderator Posts: 267,637
    it_padawan said:

    Good morning!

    First I'd like to say thank you for all that you and your colleagues do to provide this invaluable information!

    Can I trouble you for
    ZIP 11581
    Blue 2019 Kia Sorento SX AWD with Touring package
    3 years, 10K/Year and 12K/Year

    36/12
    .00196 MF and 55% residual
    $6190 lease cash

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  • albert72albert72 Member Posts: 203
    edited October 2018
    kyfdx said:

    albert72 said:

    Michaell said:

    albert72 said:

    Do the MF and RV change with Kia depending on which part of the country one lives in? Can you give me this information on a 24mo lease 10 and 12k for the SXL and SX model? Are there any lease incentives? Thank you,



    Thank you,

    Yes, the numbers are regional.

    What ZIP code?

    FWD or AWD?
    07845 AWD Thanks
    10K is not offered for 24 months.
    24/12
    SX: .00207 MF and 59% residual
    $7160 lease cash

    SXL: .00206 MF and 57% residual
    $8660 lease cash

    Thanks, can I also get the #s for a Sorrento AWD SX for 36 months with lowest mileage available through KFS? zip: 07960

  • MichaellMichaell Moderator Posts: 264,435
    albert72 said:

    kyfdx said:

    albert72 said:

    Michaell said:

    albert72 said:

    Do the MF and RV change with Kia depending on which part of the country one lives in? Can you give me this information on a 24mo lease 10 and 12k for the SXL and SX model? Are there any lease incentives? Thank you,



    Thank you,

    Yes, the numbers are regional.

    What ZIP code?

    FWD or AWD?
    07845 AWD Thanks
    10K is not offered for 24 months.
    24/12
    SX: .00207 MF and 59% residual
    $7160 lease cash

    SXL: .00206 MF and 57% residual
    $8660 lease cash

    Thanks, can I also get the #s for a Sorrento AWD SX for 36 months with lowest mileage available through KFS? zip: 07960

    36/10 AWD SX
    .00196 and 56%
    $6190 lease cash

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  • maverick_1maverick_1 Member Posts: 11
    edited October 2018
    Can I please get October numbers and incentives for SX and SXL? zip 98007. 36m/12k and 36m/10k
  • kyfdxkyfdx Moderator Posts: 267,637
    maverick_1 said:

    Can I please get October numbers and incentives for SX and SXL? zip 98007. 36m/12k and 36m/10k

    FWD or AWD?

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  • maverick_1maverick_1 Member Posts: 11
    kyfdx said:

    maverick_1 said:

    Can I please get October numbers and incentives for SX and SXL? zip 98007. 36m/12k and 36m/10k

    FWD or AWD?
    AWD
  • thejeff22thejeff22 Member Posts: 19
    Could I please have the RF, MF and Incentives for a Sorento FWD 36/10 for LX V6, EX and SX? Dallas, TX 75238. Thanks.
  • MichaellMichaell Moderator Posts: 264,435
    maverick_1 said:

    kyfdx said:

    maverick_1 said:

    Can I please get October numbers and incentives for SX and SXL? zip 98007. 36m/12k and 36m/10k

    FWD or AWD?
    AWD
    36/12
    SX - .00196 and 55%; $5200 incentive
    SXL - .00204 and 53%; $6700 incentive

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  • MichaellMichaell Moderator Posts: 264,435
    thejeff22 said:

    Could I please have the RF, MF and Incentives for a Sorento FWD 36/10 for LX V6, EX and SX? Dallas, TX 75238. Thanks.

    LX V6 - .00199 and 55%; $5000 incentive
    EX - .00199 and 56%; $4600 incentive
    SX - .00198 and 54%; $5700 incentive

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