2020 Kia Sorento Lease Deals and Prices

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Comments

  • MichaellMichaell ColoradoModerator Posts: 183,403

    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!

    .00185 and 56%
    $5290 lease cash
    $1500 loyalty

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  • ifernandesifernandes Boca Raton, FLMember Posts: 15
    kyfdx said:

    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
    Can the loyalty incentive ($1,500) be combined with these incentives?
  • MichaellMichaell ColoradoModerator Posts: 183,403

    kyfdx said:

    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
    Can the loyalty incentive ($1,500) be combined with these incentives?
    Yes

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  • jars09jars09 Member Posts: 11
    Hi, I am surprise about the big lease cash numbers, are they always that high or is it only this month?
    Sorry for the question, I am new on leasing
  • MichaellMichaell ColoradoModerator Posts: 183,403
    jars09 said:

    Hi, I am surprise about the big lease cash numbers, are they always that high or is it only this month?
    Sorry for the question, I am new on leasing

    Kia changed their programs a year or two back - high MF and high incentives are the order of the day.

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  • jars09jars09 Member Posts: 11
    edited March 2020
    So it means this calculation is correct at zip 92078 on a LX FWD?

    Considering a website offer of:
    MSRP: $29, 085
    Selling price: $23, 026
    39/15

    Fico: 760+
    Loyalty incentive applicable.



  • MichaellMichaell ColoradoModerator Posts: 183,403
    jars09 said:

    So it means this calculation is correct at zip 92078 on a LX FWD?

    Considering a website offer of:
    MSRP: $29, 085
    Selling price: $23, 026

    Fico: 760+
    Loyalty incentive applicable.

    Lease term and miles per year on this?

    2.4 or 3.3 engine?

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  • jars09jars09 Member Posts: 11
    jars09 said:

    So it means this calculation is correct at zip 92078 on a LX FWD?

    Considering a website offer of:
    MSRP: $29, 085
    Selling price: $23, 026

    Fico: 760+
    Loyalty incentive applicable.



    39/15
  • MichaellMichaell ColoradoModerator Posts: 183,403
    jars09 said:

    jars09 said:

    So it means this calculation is correct at zip 92078 on a LX FWD?

    Considering a website offer of:
    MSRP: $29, 085
    Selling price: $23, 026

    Fico: 760+
    Loyalty incentive applicable.



    39/15
    And, which engine?

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  • jars09jars09 Member Posts: 11
    Michaell said:

    jars09 said:

    So it means this calculation is correct at zip 92078 on a LX FWD?

    Considering a website offer of:
    MSRP: $29, 085
    Selling price: $23, 026

    Fico: 760+
    Loyalty incentive applicable.

    Lease term and miles per year on this?

    2.4 or 3.3 engine?
    2.4
  • MichaellMichaell ColoradoModerator Posts: 183,403
    jars09 said:

    Michaell said:

    jars09 said:

    So it means this calculation is correct at zip 92078 on a LX FWD?

    Considering a website offer of:
    MSRP: $29, 085
    Selling price: $23, 026

    Fico: 760+
    Loyalty incentive applicable.

    Lease term and miles per year on this?

    2.4 or 3.3 engine?
    2.4
    I don't see 39 month numbers for the Sorento, this month.

    Do you know which bank the dealer is using?

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  • jars09jars09 Member Posts: 11
    Michaell said:

    jars09 said:

    Michaell said:

    jars09 said:

    So it means this calculation is correct at zip 92078 on a LX FWD?

    Considering a website offer of:
    MSRP: $29, 085
    Selling price: $23, 026

    Fico: 760+
    Loyalty incentive applicable.

    Lease term and miles per year on this?

    2.4 or 3.3 engine?
    2.4
    I don't see 39 month numbers for the Sorento, this month.

    Do you know which bank the dealer is using?
    36. My bad. I am also checking the Tiguan and I got confused.
  • MichaellMichaell ColoradoModerator Posts: 183,403
    jars09 said:

    Michaell said:

    jars09 said:

    Michaell said:

    jars09 said:

    So it means this calculation is correct at zip 92078 on a LX FWD?

    Considering a website offer of:
    MSRP: $29, 085
    Selling price: $23, 026

    Fico: 760+
    Loyalty incentive applicable.

    Lease term and miles per year on this?

    2.4 or 3.3 engine?
    2.4
    I don't see 39 month numbers for the Sorento, this month.

    Do you know which bank the dealer is using?
    36. My bad. I am also checking the Tiguan and I got confused.
    36/15
    .00186 and 51%
    $4530 lease cash

    I'll guess the selling price already includes the incentive.

    With those prices, I get $298/mo, plus tax.

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  • dadasmattadadasmatta Member Posts: 12
    Hello,
    I would greatly appreciate knowing current RV, MF, lease cash, loyalty lease incentive, other for a 36 mo./10k mi. lease for a 2020 Kia Sorrento EX (FWD) and EX (AWD) through 3/31/2020. My credit score is 800+. My zip code is 08610.

    Also, are Kia dealers obligated to offer the full amount of the Kia Finance lease cash and loyalty incentive? I visited a Kia dealer this am who was offering $3,000 lease cash, $1,500 loyalty incentive and ZERO MSRP discount (dealer discount) which I would have expected to be at least 5% off of MSRP. I suspect this dealer is holding back about $2,000 of my due and full lease cash while also not offering a dealer discount. Not good!

    Lastly, should the lease cash incentive be same/similar for a 30 mile radius of my zip code. I ask this because I now plan to visit several other Kia dealers that could be as much as 30 miles away.

    Thank you. :smile:
  • MichaellMichaell ColoradoModerator Posts: 183,403

    Hello,
    I would greatly appreciate knowing current RV, MF, lease cash, loyalty lease incentive, other for a 36 mo./10k mi. lease for a 2020 Kia Sorrento EX (FWD) and EX (AWD) through 3/31/2020. My credit score is 800+. My zip code is 08610.

    Also, are Kia dealers obligated to offer the full amount of the Kia Finance lease cash and loyalty incentive? I visited a Kia dealer this am who was offering $3,000 lease cash, $1,500 loyalty incentive and ZERO MSRP discount (dealer discount) which I would have expected to be at least 5% off of MSRP. I suspect this dealer is holding back about $2,000 of my due and full lease cash while also not offering a dealer discount. Not good!

    Lastly, should the lease cash incentive be same/similar for a 30 mile radius of my zip code. I ask this because I now plan to visit several other Kia dealers that could be as much as 30 miles away.

    Thank you. :smile:

    EX AWD
    .00176 and 59%
    $4290 lease cash

    EX FWD
    .00178 and 57%
    $4690 lease cash

    $1500 loyalty

    The incentives listed are to the customer, so you should get them, in full.

    NJ/NY/CT all share the same programs.

    The program in PA will have a different lease cash amount, if you decide to shop there.

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  • dadasmattadadasmatta Member Posts: 12
    This is GREAT information! Thank you for providing.

    I now find that I may have to travel to the Philadelphia, PA area to visit two Kia dealers to try to get better pricing on a Kia Sorrento EX FWD or EX AWD if the two South Jersey Kia dealers refuse to provide me the FULL amount of lease cash and loyalty cash that Kia Finance is currently offering customers like me which I should be receiving in FULL. Unfortunately, Kia Finance does not publish current lease cash incentives to customers and allows dealers to administer these incentives as they (dealers) want to for customers. As such, some Kia dealers pass on the full amount of Kia Finance lease cash incentives to customers (good thing!) as they should while other Kia dealers reduce the amount of Kia Finance offered lease cash incentives (bad thing!) and keep the difference as additional profit without the customers knowing because the customers do not know what the maximum lease cash incentives are as offered by Kia Finance because they (customers) have not found this VERY INFORMATIVE Edmunds forum.

    Would you now please provide RV, MF, lease cash, KIA loyalty lease incentive, other for a 36 mo./10k mi. lease for a 2020 Kia Sorrento EX (FWD) and EX (AWD) through 3/31/2020 for the Philadelphia, PA area since this area/zone is outside of the NJ/NY/CT area/zone.

    Thanks for taking the time to respond. Much appreciated.
  • ausabe73ausabe73 Member Posts: 15
    Looking for residual, MF, and rebates for Sorento EX AWD and SX AWD 78749 36/12
  • MichaellMichaell ColoradoModerator Posts: 183,403
    edited March 2020

    This is GREAT information! Thank you for providing.

    I now find that I may have to travel to the Philadelphia, PA area to visit two Kia dealers to try to get better pricing on a Kia Sorrento EX FWD or EX AWD if the two South Jersey Kia dealers refuse to provide me the FULL amount of lease cash and loyalty cash that Kia Finance is currently offering customers like me which I should be receiving in FULL. Unfortunately, Kia Finance does not publish current lease cash incentives to customers and allows dealers to administer these incentives as they (dealers) want to for customers. As such, some Kia dealers pass on the full amount of Kia Finance lease cash incentives to customers (good thing!) as they should while other Kia dealers reduce the amount of Kia Finance offered lease cash incentives (bad thing!) and keep the difference as additional profit without the customers knowing because the customers do not know what the maximum lease cash incentives are as offered by Kia Finance because they (customers) have not found this VERY INFORMATIVE Edmunds forum.

    Would you now please provide RV, MF, lease cash, KIA loyalty lease incentive, other for a 36 mo./10k mi. lease for a 2020 Kia Sorrento EX (FWD) and EX (AWD) through 3/31/2020 for the Philadelphia, PA area since this area/zone is outside of the NJ/NY/CT area/zone.

    Thanks for taking the time to respond. Much appreciated.

    The only difference is in the lease cash amount - MF and RV are the same

    EX AWD - $3630
    EX FWD - $4030

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  • MichaellMichaell ColoradoModerator Posts: 183,403
    ausabe73 said:

    Looking for residual, MF, and rebates for Sorento EX AWD and SX AWD 78749 36/12

    EX AWD
    .00176 and 58%
    $3300 lease cash

    SX AWD
    .00185 and 56%
    $4300 lease cash

    Edmunds Lease Calculator
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  • dadasmattadadasmatta Member Posts: 12
    Hello,
    Are lease cash, RV, and MF figures for the 2020 Kia Sorento EX FWD for Wilmington, DE and Woodbridge, Va the same as Philadelphia, PA? I assume all cities are in the same National zone for Kia leasing incentives. If not, what are these figures for Wilmington, DE and Woodbridge, VA. thru 3/31/20 and 4/30/20 (if known).
    Thanks again!
  • dadasmattadadasmatta Member Posts: 12
    Oops. Forgot to state lease would be 36 mo./10k mi.
  • MichaellMichaell ColoradoModerator Posts: 183,403
    edited March 2020

    Hello,
    Are lease cash, RV, and MF figures for the 2020 Kia Sorento EX FWD for Wilmington, DE and Woodbridge, Va the same as Philadelphia, PA? I assume all cities are in the same National zone for Kia leasing incentives. If not, what are these figures for Wilmington, DE and Woodbridge, VA. thru 3/31/20 and 4/30/20 (if known).
    Thanks again!

    Oops. Forgot to state lease would be 36 mo./10k mi.

    .00178 and 57%

    DE - $4030 lease cash
    VA - $3700 lease cash

    March numbers only; no predictions on April programs.

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  • dadasmattadadasmatta Member Posts: 12
    Any predictions on the April lease cash numbers and MF number? Do you expect the numbers to be lower or higher than the March numbers given the COVID-19 event going on presently?
  • MichaellMichaell ColoradoModerator Posts: 183,403

    Any predictions on the April lease cash numbers and MF number? Do you expect the numbers to be lower or higher than the March numbers given the COVID-19 event going on presently?

    No predictions.

    Edmunds Lease Calculator
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  • Dre_NYCDre_NYC Member Posts: 27
    kyfdx said:

    Dre_NYC said:

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

    .00178 MF and 57% residual
    $4030 lease cash
    Any updates for month of April? Same terms please.
  • MichaellMichaell ColoradoModerator Posts: 183,403
    Dre_NYC said:

    kyfdx said:

    Dre_NYC said:

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

    .00178 MF and 57% residual
    $4030 lease cash
    Any updates for month of April? Same terms please.
    No changes for April

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  • colt0117colt0117 Member Posts: 14
    Turning in my wife's current 2017 Sorento LX lease in by the end of the month 4/30/2020. Can you please give me RV and MF for 2020 Sorento LX / S / EX, (AWD as well as FWD, not sure if they are different). Looking to lease again 36 Month 15K miles for Zip 46055.

    Thank you for the help.
  • MichaellMichaell ColoradoModerator Posts: 183,403
    colt0117 said:

    Turning in my wife's current 2017 Sorento LX lease in by the end of the month 4/30/2020. Can you please give me RV and MF for 2020 Sorento LX / S / EX, (AWD as well as FWD, not sure if they are different). Looking to lease again 36 Month 15K miles for Zip 46055.

    Thank you for the help.

    LX FWD
    .00186 and 51%
    $4530 lease cash

    LX AWD
    .00180 and 53%
    $4230

    EX FWD
    .00178 and 54%
    $4030

    EX AWD
    .00176 and 56%
    $3630

    S FWD
    .00178 and 52%
    $4830

    S AWD
    .00186 and 54%
    $4630

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  • SHELCOS1957SHELCOS1957 83706Member Posts: 2
    kyfdx said:

    Ask your 2020 Sorento lease questions here! Get info about prices, money factor, deals, incentives, and payments.

    Im looking for mf and residual value for 2020 Kia Sorento S AWD and LX AWD Zipcode 83706 36/12000
  • MichaellMichaell ColoradoModerator Posts: 183,403

    kyfdx said:

    Ask your 2020 Sorento lease questions here! Get info about prices, money factor, deals, incentives, and payments.

    Im looking for mf and residual value for 2020 Kia Sorento S AWD and LX AWD Zipcode 83706 36/12000
    LX AWD
    .00180 and 55%
    $3900 lease cash

    S AWD
    .00186 and 56%
    $4300 lease cash

    Edmunds Lease Calculator
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  • colt0117colt0117 Member Posts: 14
    Any one know the current Kia acquistion fee for a Sorento Lease. Working a Sorento 36/15 lease this morning and they are quoting a $650 acc fee. I Know Kia Finance is different than Chrysler Finance but that is $400 more acquisition fee than my Wrangler lease I got a few months back. I wanted to make sure that was legit before moving ahead.
  • MichaellMichaell ColoradoModerator Posts: 183,403
    colt0117 said:

    Any one know the current Kia acquistion fee for a Sorento Lease. Working a Sorento 36/15 lease this morning and they are quoting a $650 acc fee. I Know Kia Finance is different than Chrysler Finance but that is $400 more acquisition fee than my Wrangler lease I got a few months back. I wanted to make sure that was legit before moving ahead.

    $650 is the correct amount.

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  • dadasmattadadasmatta Member Posts: 12
    Hello again,
    What is Kia now offering in lease cash, loyalty, RV, and MF numbers for April for the Kia Sorento EX FWD, 36 mo./10k mi.?
    Looking for NJ, PA, DE, & VA zones.
    Thx.much.
  • dadasmattadadasmatta Member Posts: 12
    What is Bonus Cash (KMF Bonus Cash)? Is this the Kia factory-to-dealer incentive payment? I see this is currently $3,000 for the Sorento EX FWD for the month of April 2020.
    This incentive is not the same as the Kia Stand Alone Cash (Customer cash) rebate which is a cash rebate to people who finance a new Kia car loan through KMF. This cash rebate is currently $4,000.
  • MichaellMichaell ColoradoModerator Posts: 183,403

    Hello again,
    What is Kia now offering in lease cash, loyalty, RV, and MF numbers for April for the Kia Sorento EX FWD, 36 mo./10k mi.?
    Looking for NJ, PA, DE, & VA zones.
    Thx.much.

    .00178 and 57%
    NJ - $4690 lease cash
    PA/DE - $4030 lease cash
    MD - $3700 lease cash

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  • kellyfdkellyfd Member Posts: 10
    Does Delaware have $1500 in loyalty?
  • kyfdxkyfdx Moderator Posts: 187,719
    kellyfd said:

    Does Delaware have $1500 in loyalty?

    I only show $1000 loyalty

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  • redsox_9redsox_9 Member Posts: 24
    Can you please provide MF, residual and incentives for a Sorrento EX AWD for 36/10 (36/12 if 10K not available) in zip 07039? Thanks.
  • MichaellMichaell ColoradoModerator Posts: 183,403
    redsox_9 said:

    Can you please provide MF, residual and incentives for a Sorrento EX AWD for 36/10 (36/12 if 10K not available) in zip 07039? Thanks.

    36/12
    .00176 and 58%
    $4290 lease cash

    Edmunds Lease Calculator
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  • chrisinflachrisinfla Fort LauderdaleMember Posts: 6
    Hi - trying the Kia now, 2020 Sorento EX need MF/RV incentives in 34946. Thx!
  • kyfdxkyfdx Moderator Posts: 187,719

    Hi - trying the Kia now, 2020 Sorento EX need MF/RV incentives in 34946. Thx!

    FWD or AWD?

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  • cardetailscardetails Member Posts: 1
    edited April 2020
    Hello,

    I am looking for a 36/10K lease in NJ zip 08203. Please provide details for April programs for Sorento SX AWD, in search of Rebate/customer cash, loyalty, pull-ahead for payments, MF and Residual. Thanks!!!!!
  • kyfdxkyfdx Moderator Posts: 187,719

    Hello,

    I am looking for a 36/10K lease in NJ zip 08203. Please provide details for April programs for Sorento SX AWD, in search of Rebate/customer cash, loyalty, pull-ahead for payments, MF and Residual. Thanks!!!!!

    .00185 MF and 57% residual
    $5290 lease cash
    $1000 loyalty

    Edmunds Lease Calculator
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  • jimmytimmsjimmytimms Member Posts: 24
    Hi, looking for the numbers for the S and EX FWD trim for May:

    36/10
    Zip 30067
  • MichaellMichaell ColoradoModerator Posts: 183,403

    Hi, looking for the numbers for the S and EX FWD trim for May:

    36/10
    Zip 30067

    EX FWD
    .00178 and 57%
    $3700 lease cash

    S FWD
    .00178 and 55%
    $4500 lease cash

    Edmunds Lease Calculator
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  • ollyboy612ollyboy612 Member Posts: 1
    Hi, looking for the numbers including loyality for the EX AWD trim for May:

    36/12
    Zip 07424
  • kyfdxkyfdx Moderator Posts: 187,719

    Hi, looking for the numbers including loyality for the EX AWD trim for May:

    36/12
    Zip 07424

    .00176 MF and 58% residual
    $4290 lease cash

    $1000 loyalty

    Edmunds Lease Calculator
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  • jtfiorejtfiore Member Posts: 16
    Hi, What are the May numbers for Zip 22066 for the SX 36/12? Thanks!
  • kyfdxkyfdx Moderator Posts: 187,719
    jtfiore said:

    Hi, What are the May numbers for Zip 22066 for the SX 36/12? Thanks!

    FWD or AWD?

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  • jtfiorejtfiore Member Posts: 16
    kyfdx said:

    jtfiore said:

    Hi, What are the May numbers for Zip 22066 for the SX 36/12? Thanks!

    FWD or AWD?
    Hi, AWD sorry.
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