Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Did you get a great deal? Let us know in the Values & Prices Paid section!

2019 Kia Sedona Lease Deals and Prices

MichaellMichaell ColoradoPosts: 96,910
edited January 28 in Kia
Ask your 2019 Sedona lease questions here. Get info about prices, money factor, deals, incentives, and payments.

Look up info on the 2019 Sedona.

Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


MODERATOR

2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

Comments

  • jl33507jl33507 Posts: 9
    Hello Michael. I'm researching 2019 Kia Sedona EX, SX or SX-L for a possible lease in Wisconsin and was curious what to expect regarding money factor, residual value, expected prices for a 2 year 12k lease. Thanks for your help.
  • MichaellMichaell ColoradoPosts: 96,910
    jl33507 said:

    Hello Michael. I'm researching 2019 Kia Sedona EX, SX or SX-L for a possible lease in Wisconsin and was curious what to expect regarding money factor, residual value, expected prices for a 2 year 12k lease. Thanks for your help.

    EX - .00203 and 59%; $4100 lease cash
    SX - .00202 and 59%; $4700 lease cash

    No SX-L for 2019

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • jl33507jl33507 Posts: 9
    Thanks Michael. I received the following numbers back from a dealer and based on Edmunds lease calculator I'm not getting the same numbers. I'm getting around $350 per month. Any idea why?

    MSRP: $34,825
    Selling Price (before rebates): $33,427

    On a 24 month lease there would be $4,100 in rebates, bringing the selling price to $29,327.
    Residual 59% ($20,547)
    Money Factor: .00203
    Doc Fee: $299
    Title Fee: $99
    Monthly Payment: approximately $539

    On a 39 Month Lease you would have $2,400 in rebates
    Residual 53% ($18,457)
    Money Factor: .002
    Doc Fee: $299
    Title Fee: $99
    Monthly Payment Approximately $473
  • kyfdxkyfdx Posts: 107,618
    jl33507 said:

    Thanks Michael. I received the following numbers back from a dealer and based on Edmunds lease calculator I'm not getting the same numbers. I'm getting around $350 per month. Any idea why?

    MSRP: $34,825
    Selling Price (before rebates): $33,427

    On a 24 month lease there would be $4,100 in rebates, bringing the selling price to $29,327.
    Residual 59% ($20,547)
    Money Factor: .00203
    Doc Fee: $299
    Title Fee: $99
    Monthly Payment: approximately $539

    On a 39 Month Lease you would have $2,400 in rebates
    Residual 53% ($18,457)
    Money Factor: .002
    Doc Fee: $299
    Title Fee: $99
    Monthly Payment Approximately $473

    No idea how you get $350/mo

    24 mo: $467/mo+tax
    39 mo: $422/mo+tax

    That's assuming all other fees and first payment are paid upfront.
    If you are rolling in the fees listed, plus the acquisition fee, I'd say the dealer isn't far off.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • jl33507jl33507 Posts: 9
    Hi kyfdx, apologies you are correct and I found the error in my math. What would the typical acquisition fee be?
  • kyfdxkyfdx Posts: 107,618
    jl33507 said:

    Hi kyfdx, apologies you are correct and I found the error in my math. What would the typical acquisition fee be?

    KMF acquisition fee is $650

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • jl33507jl33507 Posts: 9
    So here is where I ended up and I think I allowed the dealer to slip something past me, let me know what you think.

    2019 Sedona EX
    MSRP: $34,825
    Selling Price (before rebates): $32,777.00
    Cap Cost Items
    - Title and Reg Fees, $99 (I'm transferring plates)
    - Service Fee, $299
    - Acq Fee $650
    - Auto Dimming Mirror, $370 (A quick note on this. I asked them to drop the price by $650 which they agreed to and then I asked for an auto dimming mirror to be swapped into the car. They didn't want to do the mirror on top of the $650 so they dropped the price by $650 and added in the mirror. Original selling price was $33,427, so reduce by $650 to get sell price above of $32,777)

    Rebates - $2400

    Adj Cap Cost: $31,795 = ($32,777+$99+$299+$650+$370)-$2400

    Residual 53% ($18,457)
    Money Factor: .002

    Base Monthly Payment Approximately $$442.50, w/tax should be around $465 (5.1%)

    Money at lease signing is $650. My question is, what's going into that $650? I know first month payment is built into it but that leaves roughly $185. Did I accidentally leave $185 on the table?
  • kyfdxkyfdx Posts: 107,618
    jl33507 said:

    So here is where I ended up and I think I allowed the dealer to slip something past me, let me know what you think.

    2019 Sedona EX
    MSRP: $34,825
    Selling Price (before rebates): $32,777.00
    Cap Cost Items
    - Title and Reg Fees, $99 (I'm transferring plates)
    - Service Fee, $299
    - Acq Fee $650
    - Auto Dimming Mirror, $370 (A quick note on this. I asked them to drop the price by $650 which they agreed to and then I asked for an auto dimming mirror to be swapped into the car. They didn't want to do the mirror on top of the $650 so they dropped the price by $650 and added in the mirror. Original selling price was $33,427, so reduce by $650 to get sell price above of $32,777)

    Rebates - $2400

    Adj Cap Cost: $31,795 = ($32,777+$99+$299+$650+$370)-$2400

    Residual 53% ($18,457)
    Money Factor: .002

    Base Monthly Payment Approximately $$442.50, w/tax should be around $465 (5.1%)

    Money at lease signing is $650. My question is, what's going into that $650? I know first month payment is built into it but that leaves roughly $185. Did I accidentally leave $185 on the table?

    Upfront sales tax on the rebate?

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • jl33507jl33507 Posts: 9
    You got back to me before I could follow up! You are exactly right. I asked for the lease worksheet. They did end up removing the title fee and had me pay that up front. So here are how the numbers broke down.

    2019 Sedona EX
    MSRP: $34,825
    Selling Price (before rebates): $32,777.00
    Cap Cost Items
    - Service Fee, $299
    - Acq Fee $650
    - Auto Dimming Mirror, $370 (A quick note on this. I asked them to drop the price by $650 which they agreed to and then I asked for an auto dimming mirror to be swapped into the car. They didn't want to do the mirror on top of the $650 so they dropped the price by $650 and added in the mirror. Original selling price was $33,427, so reduce by $650 to get sell price above of $32,777)

    Rebates - $2400

    Adj Cap Cost: $31,696 = ($32,777+$299+$650+$370)-$2400

    Residual 53% ($18,457)
    Money Factor: .002

    Base Monthly Payment Approximately $439.77, w/tax should be around $462.20 (5.1%)

    Money due at lease signing: $673.60 = MP $462.20+Title$69.50+ (This line item has no title) $19.50+TAX $120
    I already paid $650 so I am assuming they aren't going to ask for the additional $23.60.

    What do you think of the deal?
  • kyfdxkyfdx Posts: 107,618
    jl33507 said:

    You got back to me before I could follow up! You are exactly right. I asked for the lease worksheet. They did end up removing the title fee and had me pay that up front. So here are how the numbers broke down.

    2019 Sedona EX
    MSRP: $34,825
    Selling Price (before rebates): $32,777.00
    Cap Cost Items
    - Service Fee, $299
    - Acq Fee $650
    - Auto Dimming Mirror, $370 (A quick note on this. I asked them to drop the price by $650 which they agreed to and then I asked for an auto dimming mirror to be swapped into the car. They didn't want to do the mirror on top of the $650 so they dropped the price by $650 and added in the mirror. Original selling price was $33,427, so reduce by $650 to get sell price above of $32,777)

    Rebates - $2400

    Adj Cap Cost: $31,696 = ($32,777+$299+$650+$370)-$2400

    Residual 53% ($18,457)
    Money Factor: .002

    Base Monthly Payment Approximately $439.77, w/tax should be around $462.20 (5.1%)

    Money due at lease signing: $673.60 = MP $462.20+Title$69.50+ (This line item has no title) $19.50+TAX $120
    I already paid $650 so I am assuming they aren't going to ask for the additional $23.60.

    What do you think of the deal?

    I have no idea about selling prices on a Sedona, so I don't really have much of an opinion.
    Considering the crappy lease program, it looks like a reasonable deal.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • jl33507jl33507 Posts: 9
    What makes it a crappy lease program?
  • MichaellMichaell ColoradoPosts: 96,910
    jl33507 said:

    What makes it a crappy lease program?

    High MF and below average residual value, and not much lease cash to bolster either of the first two parameters.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

Sign In or Register to comment.