2019 Kia Sedona Lease Deals and Prices

MichaellMichaell Moderator Posts: 250,447
edited January 2019 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.

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  • jl33507jl33507 Member Posts: 16
    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 Moderator Posts: 250,447
    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

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  • jl33507jl33507 Member Posts: 16
    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 Moderator Posts: 251,224
    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.

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  • jl33507jl33507 Member Posts: 16
    Hi kyfdx, apologies you are correct and I found the error in my math. What would the typical acquisition fee be?
  • kyfdxkyfdx Moderator Posts: 251,224
    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

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  • jl33507jl33507 Member Posts: 16
    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 Moderator Posts: 251,224
    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?

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  • jl33507jl33507 Member Posts: 16
    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 Moderator Posts: 251,224
    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.

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  • jl33507jl33507 Member Posts: 16
    What makes it a crappy lease program?
  • MichaellMichaell Moderator Posts: 250,447
    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.

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  • KchoiKchoi Member Posts: 2
    Looking for numbers for. 2019 Sedona SX on a 10k/36month lease here in New York! Thanks! 
  • kyfdxkyfdx Moderator Posts: 251,224
    Kchoi said:

    Looking for numbers for. 2019 Sedona SX on a 10k/36month lease here in New York! Thanks! 

    .00184 MF and 56% residual
    $3000 lease cash

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  • KchoiKchoi Member Posts: 2
    Thanks, what do you think of this deal I got from the local dealer:

    MSRP: $42,645.00
    What we are giving you(invoice): $41,347.00
    Manufacturer rebate: $3000
    In addition, we are factoring in $1197 in payments (Remaining payments on 2016 Sorento lease)

    36 mo lease x 12k miles per year = $539 with $2,000 down plus first payment and DMV.
    55% residual
    .00184 money factor

    NYS taxes on $41,347 is about $3600 so with $2,000, you are still rolling in additional taxes.
  • MichaellMichaell Moderator Posts: 250,447
    Kchoi said:

    Thanks, what do you think of this deal I got from the local dealer:

    MSRP: $42,645.00
    What we are giving you(invoice): $41,347.00
    Manufacturer rebate: $3000
    In addition, we are factoring in $1197 in payments (Remaining payments on 2016 Sorento lease)

    36 mo lease x 12k miles per year = $539 with $2,000 down plus first payment and DMV.
    55% residual
    .00184 money factor

    NYS taxes on $41,347 is about $3600 so with $2,000, you are still rolling in additional taxes.

    Some of those numbers are wrong - NY taxes the sum of the payments, not the selling price.

    Ask them to give you the adjusted cap cost for that quote.

    And, why not wait until your existing lease is up? That $1200 is adding $30-35/mo to your payment.

    Looks expensive, but without all the numbers, we're only guessing.

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  • bman33bman33 Member Posts: 85
    Michaell: Could I please have March MF/RV numbers for a 2019 Kia Sedona SX for zip 53151 - 36 month/45,000 miles and 36 month/36,000 miles. Are there any rebates or lease cash available? Thanks.
  • kyfdxkyfdx Moderator Posts: 251,224
    bman33 said:

    Michaell: Could I please have March MF/RV numbers for a 2019 Kia Sedona SX for zip 53151 - 36 month/45,000 miles and 36 month/36,000 miles. Are there any rebates or lease cash available? Thanks.

    36/15
    .00184 MF and 53% residual
    $2500 lease cash

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  • bman33bman33 Member Posts: 85
    Hello kyfdx: Back again in April. Looking for 36 month/15000/yr MF/RV on 2019 Kia Sedona SX for zip 53151 and 60048. Also, please let me know if there is any lease cash available. Thank you!
  • MichaellMichaell Moderator Posts: 250,447
    bman33 said:

    Hello kyfdx: Back again in April. Looking for 36 month/15000/yr MF/RV on 2019 Kia Sedona SX for zip 53151 and 60048. Also, please let me know if there is any lease cash available. Thank you!

    .00184 and 53%
    $2500 lease cash

    Both ZIP codes

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  • ammmmmoammmmmo Member Posts: 13
    Hi again - Looking for incentives, money factor and residual on 2019 Kia Sedona SX in 85142.

    36 months. 12k miles/yr. Veteran (discharged over 12 months ago)

    Thanks a ton!
  • kyfdxkyfdx Moderator Posts: 251,224
    ammmmmo said:

    Hi again - Looking for incentives, money factor and residual on 2019 Kia Sedona SX in 85142.

    36 months. 12k miles/yr. Veteran (discharged over 12 months ago)

    Thanks a ton!

    .00186 MF and 55% residual
    $2400 lease cash

    We have no info on Veteran incentives

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  • Crazy_BugCrazy_Bug Member Posts: 21
    edited April 2019
    Hi,

    Can you please share me the MF, Residual, and incentives available for Sedona 2018/2019 EX/SX models for 89521 for 10k or less miles with 36/39 months? TIA.
  • MichaellMichaell Moderator Posts: 250,447
    Crazy_Bug said:

    Hi,

    Can you please share me the MF, Residual, and incentives available for Sedona 2018/2019 EX/SX models for 89521 for 10k or less miles with 36/39 months? TIA.

    36/10

    2019
    EX - .00186 and 56%; $2400 lease cash
    LX - .00183 and 55%; $2700 lease cash

    2018
    EX - .00199 and 50%; $4900 lease cash
    LX - .00190 and 50%; $4600 lease cash

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  • artshterartshter Member Posts: 24
    Would you kindly provide April numbers for 2019 Kia Sedona SX in 20871 zip code. I'm interested in 24/36/39 month terms at 12K a year. Interested in MF, residual, incentives. Any loyalty bonuses for current Kia owners? Thank you!
  • kyfdxkyfdx Moderator Posts: 251,224
    artshter said:

    Would you kindly provide April numbers for 2019 Kia Sedona SX in 20871 zip code. I'm interested in 24/36/39 month terms at 12K a year. Interested in MF, residual, incentives. Any loyalty bonuses for current Kia owners? Thank you!

    24/12: .00200 MF and 60% residual. $4200 lease cash
    36/12: .00184 MF and 55% residual. $2500 lease cash

    No loyalty info
    We don't have 39 month program information

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  • ichbinalleinichbinallein Member Posts: 34
    Can you provide May MF, residual, and incentives for Kia Sedona EX and SX in 07083, 36 months / 12k per year? Thanks.
  • kyfdxkyfdx Moderator Posts: 251,224

    Can you provide May MF, residual, and incentives for Kia Sedona EX and SX in 07083, 36 months / 12k per year? Thanks.

    EX: .00198 MF and 54% residual. $3500 lease cash
    SX: .00197 MF and 53% residual. $4000 lease cash

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  • artshterartshter Member Posts: 24
    Haven't been able to pull the trigger in April, so could you provide the May figures for 2019 Kia Sedona SX in 20871 zip for 36/12 lease? Looking for MF, residual, incentives. I currently lease a 2016 Optima SXL and curious to see if there are loyalty incentives available as well.
  • MichaellMichaell Moderator Posts: 250,447
    artshter said:

    Haven't been able to pull the trigger in April, so could you provide the May figures for 2019 Kia Sedona SX in 20871 zip for 36/12 lease? Looking for MF, residual, incentives. I currently lease a 2016 Optima SXL and curious to see if there are loyalty incentives available as well.

    .00197 and 53%
    $3500 lease cash

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  • TempofastTempofast Member Posts: 27
    Looking for MF, incentives and Residual for 60608. Is SX and SX-L the same for lease incentives?

    2018 SX 24/10 or 24/12 if not available
    2018 SX 36/10

    2019 SX 24/10 or 24/12 if not available
    2019 SX 36/10

    Thanks!
  • kyfdxkyfdx Moderator Posts: 251,224
    Tempofast said:

    Looking for MF, incentives and Residual for 60608. Is SX and SX-L the same for lease incentives?

    2018 SX 24/10 or 24/12 if not available
    2018 SX 36/10

    2019 SX 24/10 or 24/12 if not available
    2019 SX 36/10

    Thanks!

    There are no lease programs for 2018 models
    10K/yr is not offered on 24 month term.

    2019
    24/12: .00210 MF and 58% residual. $5100 lease cash
    36/10: .00197 MF and 54% residual. $3500 lease cash

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  • V1PE12V1PE12 Member Posts: 4
    edited May 2019
    If I may kindly request MF, incentives, and residual for 90006, specifically the EX for 36 and/or 48 months with 10k miles/year. Many Thanks!
  • kyfdxkyfdx Moderator Posts: 251,224
    V1PE12 said:

    If I may kindly request MF, incentives, and residual for 90006, specifically the EX for 36 and/or 48 months with 10k miles/year. Many Thanks!

    .00198 MF and 55% residual. $3000 lease cash
    .00204 MF and 48% residual. $1800 lease cash

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  • sjkforeversjkforever Member Posts: 21
    Hi

    Can you please provide the MF, incentives and residual for 07726? looking for EX for 36/10k lease. Thank you!
  • MichaellMichaell Moderator Posts: 250,447

    Hi

    Can you please provide the MF, incentives and residual for 07726? looking for EX for 36/10k lease. Thank you!

    .00198 and 55%
    $3500 lease cash

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  • sjkforeversjkforever Member Posts: 21
    Hi

    Can you please provide the MF, incentives and residual for 07726? looking for LX for 36k/10k lease. I asked about EX earlier but wasn't sure if model made a difference. Thank you!
  • MichaellMichaell Moderator Posts: 250,447

    Hi

    Can you please provide the MF, incentives and residual for 07726? looking for LX for 36k/10k lease. I asked about EX earlier but wasn't sure if model made a difference. Thank you!

    .00194 and 53%
    $3900 lease cash

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  • kyfdxkyfdx Moderator Posts: 251,224

    Hi

    Can you please provide the MF, incentives and residual for 07726? looking for LX for 36k/10k lease. I asked about EX earlier but wasn't sure if model made a difference. Thank you!

    .00194 MF and 53% residual
    $3900 lease cash

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  • Whoffie24Whoffie24 Member Posts: 2
    edited July 2019
    Looking for MF, RV, incentives for EX on 36/10k in 07410, please. Thanks.
  • kyfdxkyfdx Moderator Posts: 251,224
    Whoffie24 said:

    Looking for MF, RV, incentives for EX on 36/10k in 07410, please. Thanks.

    .00198 MF and 55% residual
    $3500 incentive

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  • rolento76rolento76 Member Posts: 47
    kyfdx said:

    Whoffie24 said:

    Looking for MF, RV, incentives for EX on 36/10k in 07410, please. Thanks.

    .00198 MF and 55% residual
    $3500 incentive
    Funny... I have the same zip. Can I get the same for the SX?
  • MichaellMichaell Moderator Posts: 250,447
    rolento76 said:

    kyfdx said:

    Whoffie24 said:

    Looking for MF, RV, incentives for EX on 36/10k in 07410, please. Thanks.

    .00198 MF and 55% residual
    $3500 incentive
    Funny... I have the same zip. Can I get the same for the SX?
    .00197 and 54%
    $4000 lease cash

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  • jnguyen498jnguyen498 Member Posts: 7
    How do you find the sources for the lease cash/incentives? I've been looking everywhere online and can't find a source for it.
  • kyfdxkyfdx Moderator Posts: 251,224

    How do you find the sources for the lease cash/incentives? I've been looking everywhere online and can't find a source for it.

    We crowd-source it... and, if that doesn't work, we make it up. ;)

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  • sjkforeversjkforever Member Posts: 21
    Hi! Can you please provide the MF, incentives and residual for 07726? looking for LX or EX for 36k/10k lease.
  • kyfdxkyfdx Moderator Posts: 251,224

    Hi! Can you please provide the MF, incentives and residual for 07726? looking for LX or EX for 36k/10k lease.

    EX: .00198 MF and 51% residual. $4700 lease cash
    LX: .00196 MF and 49% residual. $5000 lease cash

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  • ar_piar_pi Member Posts: 2
    What's MF & RV for EX 36/10 in NY 11230? Thank you.
  • kyfdxkyfdx Moderator Posts: 251,224
    ar_pi said:

    What's MF & RV for EX 36/10 in NY 11230? Thank you.

    .00198 MF and 51% residual
    $4700 lease cash

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  • slrzzzzslrzzzz Member Posts: 5
    Hi. Could you please provide numbers for 2019 Sedona EX, 60056?
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