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2020 Kia Sorento Lease Deals and Prices

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Comments

  • kyfdxkyfdx Moderator Posts: 187,472
    MikeGG said:

    Michaell said:

    MikeGG said:

    Hello. Could I please get the MF, Residual, and lease cash for the following trims in 02050?
    2020 Kia Sorento S V6 AWD
    2020 Kia Sorento S V6 FWD

    What lease term and how many miles per year?
    Dang it, sorry. ~36 at 12K/year please
    .00186 MF and 55% residual. $5180 lease cash
    .00184 MF and 53% residual. $5480 lease cash

    $500 bonus cash on AWD only

    Edmunds Lease Calculator
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  • tburke22tburke22 Member Posts: 21
    Can I get the values and incentives for a Sorento 3.3L SX AWD for 36/15 in 02035? Thanks.
  • MichaellMichaell ColoradoModerator Posts: 182,699
    tburke22 said:

    Can I get the values and incentives for a Sorento 3.3L SX AWD for 36/15 in 02035? Thanks.

    .00186 and 53%
    $4880 lease cash
    $500 bonus cash

    Edmunds Lease Calculator
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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • tburke22tburke22 Member Posts: 21
    Can I get the values and incentives for a Sorento 3.3L SX AWD for 36mo and 12,000mi in 02035? Thanks.
  • tburke22tburke22 Member Posts: 21
    Can I get the values and incentives for a Sorento 3.3L EX AWD for 36mo and 12,000mi in 02035? Thanks.
  • MichaellMichaell ColoradoModerator Posts: 182,699
    tburke22 said:

    Can I get the values and incentives for a Sorento 3.3L SX AWD for 36mo and 12,000mi in 02035? Thanks.

    tburke22 said:

    Can I get the values and incentives for a Sorento 3.3L EX AWD for 36mo and 12,000mi in 02035? Thanks.

    EX AWD - .00185 and 57%; $4080 lease cash
    SX AWD - .00186 and 55%; $4880 lease cash
    $500 bonus cash

    Edmunds Lease Calculator
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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • baopricbaopric Member Posts: 9
    MF, residual and rebates
    2020 Sorento SX V6 FWD
    2020 Sorento SX V6 AWD
    30309
    39/10
  • MichaellMichaell ColoradoModerator Posts: 182,699
    baopric said:

    MF, residual and rebates
    2020 Sorento SX V6 FWD
    2020 Sorento SX V6 AWD
    30309
    39/10

    AWD - .00186 and 55%; $3800 lease cash
    FWD - .00185 and 53%; $4200 lease cash

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  • jherman87jherman87 Member Posts: 4
    Could I please get mf/residual and incentives on:
    LX 2.4 awd 36/12
    EX 3.3 awd 36/12
    Zip: 05860
  • MichaellMichaell ColoradoModerator Posts: 182,699
    jherman87 said:

    Could I please get mf/residual and incentives on:
    LX 2.4 awd 36/12
    EX 3.3 awd 36/12
    Zip: 05860

    LX 2.4 AWD - .00182 and 53%; $4460 lease cash
    EX 3.3 AWD - .00185 and 57%; $3360 lease cash
    $500 bonus cash

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  • WKC77WKC77 Member Posts: 5
    Hi, can I please get the values and incentives for a Sorento 3.3L EX AWD for 36/12 in 12550?
    Also, I am a current Kia lessee if that matters.
    Thanks ou!
  • MichaellMichaell ColoradoModerator Posts: 182,699
    WKC77 said:

    Hi, can I please get the values and incentives for a Sorento 3.3L EX AWD for 36/12 in 12550?
    Also, I am a current Kia lessee if that matters.
    Thanks ou!

    .00185 and 57%
    $4080 lease cash
    $500 bonus cash
    $1500 loyalty

    Edmunds Lease Calculator
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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • dtwjaydtwjay Member Posts: 4
    Trying to see if this is a good deal

    2020 Kia Sorento AWD EX V6 AWD:
    $389 a month, tax included
    39 Months | 12,000 Miles per Year
    Total Due on Delivery with Tax: $1675
    My zip is 48098

  • forjawmanforjawman Member Posts: 16
    Hi there,

    What are the February numbers for a '20 AWD EX and SX, 60035, 36/12? Any auto show bonus cash, since the Chicago show just closed?

    Thank you!
  • kyfdxkyfdx Moderator Posts: 187,472
    dtwjay said:

    Trying to see if this is a good deal

    2020 Kia Sorento AWD EX V6 AWD:
    $389 a month, tax included
    39 Months | 12,000 Miles per Year
    Total Due on Delivery with Tax: $1675
    My zip is 48098

    MSRP?
    Selling price?
    Adjusted CAP cost?

    Edmunds Lease Calculator
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    Edmunds Moderator

  • kyfdxkyfdx Moderator Posts: 187,472
    forjawman said:

    Hi there,

    What are the February numbers for a '20 AWD EX and SX, 60035, 36/12? Any auto show bonus cash, since the Chicago show just closed?

    Thank you!

    EX: .00185 MF and 57% residual. $3360 lease cash
    SX: .00186 MF and 55% residual. $4160 lease cash

    +$500 AWD bonus cash

    Edmunds Lease Calculator
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    Edmunds Moderator

  • dtwjaydtwjay Member Posts: 4
    MSRP$39,030
    Internet Price$37,552
    RebatePricing Disclaimer- $3,500
    Summit Place Kia Price$34,052
    kyfdx said:

    dtwjay said:

    Trying to see if this is a good deal

    2020 Kia Sorento AWD EX V6 AWD:
    $389 a month, tax included
    39 Months | 12,000 Miles per Year
    Total Due on Delivery with Tax: $1675
    My zip is 48098

    MSRP?
    Selling price?
    Adjusted CAP cost?
  • MichaellMichaell ColoradoModerator Posts: 182,699
    dtwjay said:

    MSRP$39,030
    Internet Price$37,552
    RebatePricing Disclaimer- $3,500
    Summit Place Kia Price$34,052

    kyfdx said:

    dtwjay said:

    Trying to see if this is a good deal

    2020 Kia Sorento AWD EX V6 AWD:
    $389 a month, tax included
    39 Months | 12,000 Miles per Year
    Total Due on Delivery with Tax: $1675
    My zip is 48098

    MSRP?
    Selling price?
    Adjusted CAP cost?
    Is that from the website, or is that a custom quote to you from the dealer?

    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • dtwjaydtwjay Member Posts: 4
    Michaell said:

    dtwjay said:

    MSRP$39,030
    Internet Price$37,552
    RebatePricing Disclaimer- $3,500
    Summit Place Kia Price$34,052

    kyfdx said:

    dtwjay said:

    Trying to see if this is a good deal

    2020 Kia Sorento AWD EX V6 AWD:
    $389 a month, tax included
    39 Months | 12,000 Miles per Year
    Total Due on Delivery with Tax: $1675
    My zip is 48098

    MSRP?
    Selling price?
    Adjusted CAP cost?
    Is that from the website, or is that a custom quote to you from the dealer?
    Web site....the final deal I have after credit app.

    36 months 12k miles will be $499 per month with $499 down. That is because my Transunion is 662
  • kyfdxkyfdx Moderator Posts: 187,472
    dtwjay said:

    Michaell said:

    dtwjay said:

    MSRP$39,030
    Internet Price$37,552
    RebatePricing Disclaimer- $3,500
    Summit Place Kia Price$34,052

    kyfdx said:

    dtwjay said:

    Trying to see if this is a good deal

    2020 Kia Sorento AWD EX V6 AWD:
    $389 a month, tax included
    39 Months | 12,000 Miles per Year
    Total Due on Delivery with Tax: $1675
    My zip is 48098

    MSRP?
    Selling price?
    Adjusted CAP cost?
    Is that from the website, or is that a custom quote to you from the dealer?
    Web site....the final deal I have after credit app.

    36 months 12k miles will be $499 per month with $499 down. That is because my Transunion is 662
    .00185 MF and 57% residual
    $3360 lease cash
    $500 bonus cash

    Those website prices might not be valid with the lease programs.
    Your credit score might add .00090 to the MF above.

    Do you have the actual selling price/adjusted CAP cost from your quoted offer?
    Or, the money factor used?

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

    Edmunds Moderator

  • dtwjaydtwjay Member Posts: 4
    The Residual is 57% the lease cash is $3360 plus $500 bonus lease cash totaling $3860 .00185 is for FICO scores of 720 or above but because I am 662 The money factor is .00315.

    Jay
    kyfdx said:

    dtwjay said:

    Michaell said:

    dtwjay said:

    MSRP$39,030
    Internet Price$37,552
    RebatePricing Disclaimer- $3,500
    Summit Place Kia Price$34,052

    kyfdx said:

    dtwjay said:

    Trying to see if this is a good deal

    2020 Kia Sorento AWD EX V6 AWD:
    $389 a month, tax included
    39 Months | 12,000 Miles per Year
    Total Due on Delivery with Tax: $1675
    My zip is 48098

    MSRP?
    Selling price?
    Adjusted CAP cost?
    Is that from the website, or is that a custom quote to you from the dealer?
    Web site....the final deal I have after credit app.

    36 months 12k miles will be $499 per month with $499 down. That is because my Transunion is 662
    .00185 MF and 57% residual
    $3360 lease cash
    $500 bonus cash

    Those website prices might not be valid with the lease programs.
    Your credit score might add .00090 to the MF above.

    Do you have the actual selling price/adjusted CAP cost from your quoted offer?
    Or, the money factor used?
  • kyfdxkyfdx Moderator Posts: 187,472
    dtwjay said:

    The Residual is 57% the lease cash is $3360 plus $500 bonus lease cash totaling $3860 .00185 is for FICO scores of 720 or above but because I am 662 The money factor is .00315.

    Jay

    kyfdx said:

    dtwjay said:

    Michaell said:

    dtwjay said:

    MSRP$39,030
    Internet Price$37,552
    RebatePricing Disclaimer- $3,500
    Summit Place Kia Price$34,052

    kyfdx said:

    dtwjay said:

    Trying to see if this is a good deal

    2020 Kia Sorento AWD EX V6 AWD:
    $389 a month, tax included
    39 Months | 12,000 Miles per Year
    Total Due on Delivery with Tax: $1675
    My zip is 48098

    MSRP?
    Selling price?
    Adjusted CAP cost?
    Is that from the website, or is that a custom quote to you from the dealer?
    Web site....the final deal I have after credit app.

    36 months 12k miles will be $499 per month with $499 down. That is because my Transunion is 662
    .00185 MF and 57% residual
    $3360 lease cash
    $500 bonus cash

    Those website prices might not be valid with the lease programs.
    Your credit score might add .00090 to the MF above.

    Do you have the actual selling price/adjusted CAP cost from your quoted offer?
    Or, the money factor used?
    With that money factor, the payment looks to be correct. (ouch)
    $73/mo. lower, if you qualified for top tier.

    Edmunds Lease Calculator
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    Edmunds Moderator

  • dadasmattadadasmatta Member Posts: 12
    Hello, I am heading back this week to the Kia dealer that I leased my 2017 Sorento EX FWD from nearly 3 years ago. I am interested in leasing a 2020 EX V6 FWD or SX V6 FWD Sorento. I would greatly appreciate knowing current RV, MF, lease cash, bonus lease cash, other for a 36/10 mi. lease up to 3/30/2020. My credit score is 850+. My zip code is 08054. Thanks. :)
  • rich1892rich1892 New JerseyMember Posts: 3
    edited February 2020
    I'm trying to decide if this is a good deal and the right deal for me.

    2020 Sorento EX
    39 mos / 12k miles
    $1300 down... $385/month
    $0 down... $410/month

    I thought the numbers are all right... (money factor, residual, etc)
    But I'm getting $6k of rebates.. but they still wanted 1,300 down, to get my payment to $385/mo. Zero down, the best they said was $410/mo.

    Something's not right... or it didn't feel right to me, so I walked.

    Any advice or opinions?



  • kyfdxkyfdx Moderator Posts: 187,472

    Hello, I am heading back this week to the Kia dealer that I leased my 2017 Sorento EX FWD from nearly 3 years ago. I am interested in leasing a 2020 EX V6 FWD or SX V6 FWD Sorento. I would greatly appreciate knowing current RV, MF, lease cash, bonus lease cash, other for a 36/10 mi. lease up to 3/30/2020. My credit score is 850+. My zip code is 08054. Thanks. :)

    Current programs run through 03/02/2020

    EX: .00181 MF and 56% residual. $4380 lease cash
    SX: .00185 MF and 54% residual. $5280 lease cash

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

    Edmunds Moderator

  • kyfdxkyfdx Moderator Posts: 187,472
    rich1892 said:

    I'm trying to decide if this is a good deal and the right deal for me.

    2020 Sorento EX
    39 mos / 12k miles
    $1300 down... $385/month
    $0 down... $410/month

    I thought the numbers are all right... (money factor, residual, etc)
    But I'm getting $6k of rebates.. but they still wanted 1,300 down, to get my payment to $385/mo. Zero down, the best they said was $410/mo.

    Something's not right... or it didn't feel right to me, so I walked.

    Any advice or opinions?



    The selling price is only $1050 under MSRP. That's less than 3%.
    That is the place to look for a lower payment.

    Edmunds Lease Calculator
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    Edmunds Moderator

  • rich1892rich1892 New JerseyMember Posts: 3
    kyfdx said:



    The selling price is only $1050 under MSRP. That's less than 3%.
    That is the place to look for a lower payment.

    Yeah. Thank you.
    I kind of overlooked that when I see all the rebates; but the rebates have no effect one dealer margin. I think the dealer cost on the car is $35,212?
  • WKC77WKC77 Member Posts: 5
    What percentage off the MSRP is reasonable to negotiate to? The dealer near me is a no haggle one, so I'm planning on going elsewhere. Their discount off the MSRP is $1080 so it's like 2.8% but I was hoping to see what percentage off is reasonable to expect?
  • MichaellMichaell ColoradoModerator Posts: 182,699
    WKC77 said:

    What percentage off the MSRP is reasonable to negotiate to? The dealer near me is a no haggle one, so I'm planning on going elsewhere. Their discount off the MSRP is $1080 so it's like 2.8% but I was hoping to see what percentage off is reasonable to expect?

    We don't track pricing; look here to get help:
    https://www.edmunds.com/new-cars/

    Edmunds Lease Calculator
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    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • kyfdxkyfdx Moderator Posts: 187,472
    rich1892 said:

    kyfdx said:



    The selling price is only $1050 under MSRP. That's less than 3%.
    That is the place to look for a lower payment.

    Yeah. Thank you.
    I kind of overlooked that when I see all the rebates; but the rebates have no effect one dealer margin. I think the dealer cost on the car is $35,212?
    Sorry, no info on invoice

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

    Edmunds Moderator

  • Ajay00sevenAjay00seven Member Posts: 16
    MF, residual and rebates
    2020 Sorento SX V6 FWD
    2020 Sorento SX V6 AWD
    2020 Sorento EX V6 FWD
    2020 Sorento EX V6 AWD
    90703
    36/12
  • kyfdxkyfdx Moderator Posts: 187,472

    MF, residual and rebates
    2020 Sorento SX V6 FWD
    2020 Sorento SX V6 AWD
    2020 Sorento EX V6 FWD
    2020 Sorento EX V6 AWD
    90703
    36/12

    .00186 MF and 53% residual. $4560 lease cash
    .00186 MF and 55% residual. $4160
    .00181 MF and 55% residual. $3660
    .00185 MF and 57% residual. $3360

    Edmunds Lease Calculator
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    Edmunds Moderator

  • WorcMaWorcMa Member Posts: 13
    Could I please get MF and residual, best term (24, 36, 39), 12k & 15k, zip 01510. Thanks in advance
    2020 SX AWD
  • kyfdxkyfdx Moderator Posts: 187,472
    WorcMa said:

    Could I please get MF and residual, best term (24, 36, 39), 12k & 15k, zip 01510. Thanks in advance
    2020 SX AWD

    36/15
    .00183 MF and 53% residual
    $4880 lease cash
    $500 AWD bonus cash

    Edmunds Lease Calculator
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    Edmunds Moderator

  • Ajay00sevenAjay00seven Member Posts: 16
    Received this offer for a 2020 KIA Sorento SX FWD. Would like some feedback if possible. Thanks

    MSRP: $41,230
    Net Cap Cost: $33,799 including dealer discount and factory lease incentives
    Tax/Lic due at signing $1,252
    Payment: $433+tax = $476 x 36mths
    Residual: 53%
    MF: .00186
    90703
    36/12 Lease
  • kyfdxkyfdx Moderator Posts: 187,472

    Received this offer for a 2020 KIA Sorento SX FWD. Would like some feedback if possible. Thanks

    MSRP: $41,230
    Net Cap Cost: $33,799 including dealer discount and factory lease incentives
    Tax/Lic due at signing $1,252
    Payment: $433+tax = $476 x 36mths
    Residual: 53%
    MF: .00186
    90703
    36/12 Lease

    I agree with the payment calculation.

    Is $1252 the total amount Due at Signing, including the first payment?

    Edmunds Lease Calculator
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  • Ajay00sevenAjay00seven Member Posts: 16
    I have to follow up and see if the payment is included
  • Ajay00sevenAjay00seven Member Posts: 16
    the $1252 did not include the first payment
  • kyfdxkyfdx Moderator Posts: 187,472

    the $1252 did not include the first payment

    Okay.. I guess it is 10% sales tax on the rebate, plus DMV plus doc fee. I guess that puts it pretty close.
    Acquisition fee would have to be included in the NET CAP.

    Given the lease program you have to work with, it's a reasonable deal.

    Edmunds Lease Calculator
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    Edmunds Moderator

  • rich1892rich1892 New JerseyMember Posts: 3
    edited February 2020
    Just completed lease deal in NJ.
    2020 Sorento EX AWD
    $375/mo., 12k miles, 39 months
    just first payment down.
    I had $6k in rebates, which helped.

    Thank you all for the input.
  • kyfdxkyfdx Moderator Posts: 187,472
    rich1892 said:

    Just completed lease deal in NJ.
    2020 Sorento EX AWD
    $375/mo., 12k miles, 39 months
    just first payment down.
    I had $6k in rebates, which helped.

    Thank you all for the input.

    Congrats! Thanks for the report.

    Edmunds Lease Calculator
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    Edmunds Moderator

  • Lisa SmithLisa Smith Member Posts: 45
    Hi, can I get the MF, residual, and incentives for a Sorento LX RWD 24/10 and 36/10 for zip 92024?
  • MichaellMichaell ColoradoModerator Posts: 182,699

    Hi, can I get the MF, residual, and incentives for a Sorento LX RWD 24/10 and 36/10 for zip 92024?

    Sorento is FWD or AWD - which are you interested in?

    Edmunds Lease Calculator
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    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Lisa SmithLisa Smith Member Posts: 45
    Oh sorry, I meant FWD
  • Dre_NYCDre_NYC Member Posts: 27
    Can you provide March numbers for Sorento EX 36/10 FWD. Zip 33009.
  • kyfdxkyfdx Moderator Posts: 187,472

    Hi, can I get the MF, residual, and incentives for a Sorento LX RWD 24/10 and 36/10 for zip 92024?

    Oh sorry, I meant FWD

    10K yr not offered on 24 month term.

    36/10
    .00186 MF and 54% residual
    $4530 lease cash

    Edmunds Lease Calculator
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  • kyfdxkyfdx Moderator Posts: 187,472
    Dre_NYC said:

    Can you provide March numbers for Sorento EX 36/10 FWD. Zip 33009.

    .00178 MF and 57% residual
    $4030 lease cash

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  • ifernandesifernandes Boca Raton, FLMember Posts: 15
    Hi,
    Could you please provide me MF, residual and incentives for EX and SX, both FWD, 24/12k and 36/12k, at 33428?
    Tks.
  • kyfdxkyfdx Moderator Posts: 187,472

    Hi,
    Could you please provide me MF, residual and incentives for EX and SX, both FWD, 24/12k and 36/12k, at 33428?
    Tks.

    EX
    .00189 MF and 60% residual. $5320 lease cash
    .00178 MF and 56% residual. $4030

    SX
    .00180 MF and 58% residual. $6320
    .00184 MF and 54% residual. $5030

    Edmunds Lease Calculator
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    Edmunds Moderator

  • rosenbj123rosenbj123 NJMember Posts: 12
    Hello,
    Could you provide the MF, residual and lease cash for SX AWD 36/12, zip code 08904.
    Also, do you know what loyalty cash is available? Coming out of another Kia lease.
    As always, thanks!
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