Percentage off a 2020 KIA Sorento

kellyfdkellyfd Member Posts: 10
edited April 2020 in Kia
I am inquiring to see what percentage I can use to negotiate for a 2020 Kia Sorento. I am asking for my wife, tto see if leasing would be a way to go or to buy it out right. What deals come with this vehicle. Any information will be very grateful. Thanks

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  • kellyfdkellyfd Member Posts: 10
    I forgot to mention my area code is 19962, DE
  • kyfdxkyfdx Moderator Posts: 267,528
    kellyfd said:

    I am inquiring to see what percentage I can use to negotiate for a 2020 Kia Sorento. I am asking for my wife, tto see if leasing would be a way to go or to buy it out right. What deals come with this vehicle. Any information will be very grateful. Thanks

    Edmunds price tools are here:
    https://www.edmunds.com/new-cars/

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  • kellyfdkellyfd Member Posts: 10
    So I am adding the information as a whole. Sorry for the extra comments: Area code is 19962,DE, Lease numbers for 36/12k for all styles 2020 Sorento
  • kyfdxkyfdx Moderator Posts: 267,528
    kellyfd said:

    So I am adding the information as a whole. Sorry for the extra comments: Area code is 19962,DE, Lease numbers for 36/12k for all styles 2020 Sorento

    4 trims, plus different numbers for AWD/FWD

    That's 8 sets of numbers.

    You'll need to pare that down by half

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  • MichaellMichaell Moderator Posts: 263,880
    kellyfd said:

    So I am adding the information as a whole. Sorry for the extra comments: Area code is 19962,DE, Lease numbers for 36/12k for all styles 2020 Sorento

    I see you've already posted into the 2020 Sorento lease thread; please keep all lease related discussions there.

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  • kellyfdkellyfd Member Posts: 10
    Here are the numbers: Market Value Selling Price: 29280 2020 Kia Sorento 2.4L 4dr FWD
    Rebate: $5400 includes Lease Cash, Loyalty and Mil Discount = 23880
    Processing Fee: $495
    Tax: 1245
    Non Tax Fees: $885; Never heard of it
    Net Price: 26505
    I think they didn't take off anything from the MSRP, then they deducted the rebates/cash incentives
    Is every individual different with the MF? should it be .00178?
    For 36 month lease payment would be $395 rough figures.
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