2023 Kia Sorento Lease Deals and Purchase Prices

snhugolf18 · January 11

I’m in talks with 2 dealers on a 2023 Sorento X-Line SX Prestige. MSRP on both vehicles is $45,885. I’m looking to put $3,000 down on a 24/12 lease and my best offer so far is $493 per month. Based on the current lease cash, MF and Residual %, do I have anymore room for negotiation or is this a solid deal?

Zip:28115

Thanks!

kyfdx · January 11

snhugolf18 said:
I’m in talks with 2 dealers on a 2023 Sorento X-Line SX Prestige. MSRP on both vehicles is $45,885. I’m looking to put $3,000 down on a 24/12 lease and my best offer so far is $493 per month. Based on the current lease cash, MF and Residual %, do I have anymore room for negotiation or is this a solid deal?

Zip:28115

Thanks!

24/12: .00269 MF and 75% residual. $1750 lease cash
36/12: .00287 MF and 67% residual. $1900 lease cash

What is the selling price? Adjusted CAP cost?

If you have them quote with just first payment Due at Signing, you'll likely find out that the 36 month term is a lower cost.

snhugolf18 · January 11

Adjusted cap cost was shared at $40,850 but not sure on the actual sales price.

Are you saying instead of 3k down just offer first payment sign and drive and payment should be lower on 36/12?

Thanks for quick response

kyfdx · January 11

snhugolf18 said:
Adjusted cap cost was shared at $40,850 but not sure on the actual sales price.

Are you saying instead of 3k down just offer first payment sign and drive and payment should be lower on 36/12?

Thanks for quick response

It will be lower, relative to the 24 month payment with the same stipulation. Putting larger amounts upfront will skew the payment in favor of the 24 month term, but in total cost per month (upfront money, plus payments, divided by the term), the 24 month is almost always more expensive.

Maybe not by a lot, on this model and lease terms. $25-$35 per month.

Is $3000 the full amount Due at Signing? Or is it $3000 + 1st payment + fees, etc.?

snhugolf18 · January 11

$3,000 + 1st payment

kyfdx · January 11

snhugolf18 said:
$3,000 + 1st payment

I get $470/mo for the 24 month term with that MSRP and adjusted CAP you provided. The 36 month payment would be a little higher, though that's skewed by the extra $3000 upfront

$3000 = $125/mo amortized over 24 months
$3000 = $83/mo amortized over 36 months

bgleasequestions · January 20

Hi, would you please provide residual value, money factor, and any incentives for 36/12 in 44120 on the following models?

EX AWD
SX AWD
SX Prestige AWD

thank you!

kyfdx · January 20

bgleasequestions said:
Hi, would you please provide residual value, money factor, and any incentives for 36/12 in 44120 on the following models?

EX AWD
SX AWD
SX Prestige AWD

thank you!

.00286 MF and 64% residual. $2930 lease cash
.00286 MF and 63% residual. $3480 lease cash. $500 bonus cash
.00287 MF and 67% residual. $2230 lease cash. $500 bonus cash

Stevep3297 · January 23

Hi,

I'm looking at leasing a 2023 KIA Sorento SX AWD

Lease Length: 36 Months
Mileage: 10,000/year
Zip: 08753

Could you kindly tell me the Money Factor, Residual Value, and incentives for the following car?

Thank you in advance!

kyfdx · January 23

Stevep3297 said:
Hi,

I'm looking at leasing a 2023 KIA Sorento SX AWD

Lease Length: 36 Months
Mileage: 10,000/year
Zip: 08753

Could you kindly tell me the Money Factor, Residual Value, and incentives for the following car?

Thank you in advance!

.00286 MF and 64% residual
$3480 lease cash

tjm111 · January 29

Hi - can you provide the MF/RV for the following?

2023 Sorento SX AWD
2023 Sorento X Line EX AWD
36/12k and 36/10k if different

Any lease cash available?
02188

Thank you!

Michaell · January 29

tjm111 said:
Hi - can you provide the MF/RV for the following?

2023 Sorento SX AWD

2023 Sorento X Line EX AWD

36/12k and 36/10k if different

Any lease cash available?

02188

Thank you!

36/12
.00286 and 63%; $3480 lease cash
.00286 and 64%; $2930 lease cash

tjm111 · January 30

Michaell said:

tjm111 said:
Hi - can you provide the MF/RV for the following?

2023 Sorento SX AWD

2023 Sorento X Line EX AWD

36/12k and 36/10k if different

Any lease cash available?

02188

Thank you!

36/12
.00286 and 63%; $3480 lease cash
.00286 and 64%; $2930 lease cash

Can I also ask for the Sorento SX Prestige? 36/12k - 02188

kyfdx · January 31

tjm111 said:

Michaell said:

tjm111 said:
Hi - can you provide the MF/RV for the following?

2023 Sorento SX AWD

2023 Sorento X Line EX AWD

36/12k and 36/10k if different

Any lease cash available?

02188

Thank you!

36/12
.00286 and 63%; $3480 lease cash
.00286 and 64%; $2930 lease cash

Can I also ask for the Sorento SX Prestige? 36/12k - 02188

.00287 MF and 67% residual
$2230 lease cash

tjm111 · January 31

Can you provide February MF/RV and incentives for the following? Heading to dealer Thursday afternoon and curious if there are changes. Dealer said offer wouldn’t change but if February has better rates or incentives I’d like to inquire about a better deal.

SX AWD - 36/12k
SX Prestige AWD - 36/12k
SX X Line Prestige AWD - 36/12k
X Line EX AWD - 36/12k

02188

Thank you!

Michaell · January 31

tjm111 said:
Can you provide February MF/RV and incentives for the following? Heading to dealer Thursday afternoon and curious if there are changes. Dealer said offer wouldn’t change but if February has better rates or incentives I’d like to inquire about a better deal.

SX AWD - 36/12k

SX Prestige AWD - 36/12k

SX X Line Prestige AWD - 36/12k

X Line EX AWD - 36/12k

02188

Thank you!

The current Kia programs are set to expire on March 4th. There may be changes for February, but we don't yet have them.

tjm111 · February 2

@Michaell said:
The current Kia programs are set to expire on March 4th. There may be changes for February, but we don't yet have them.

Thank you. Can you provide the SX Prestige AWD MF/RV/incentives for both 36/12 and 24/12 for 02188

kyfdx · February 2

tjm111 said:

@Michaell said:

The current Kia programs are set to expire on March 4th. There may be changes for February, but we don't yet have them.

Thank you. Can you provide the SX Prestige AWD MF/RV/incentives for both 36/12 and 24/12 for 02188

.00269 MF and 75% residual. $1970 lease cash
.00287 MF and 67% residual. $2230 lease cash

tjm111 · February 2

@kyfdx said:
.00269 MF and 75% residual. $1970 lease cash
.00287 MF and 67% residual. $2230 lease cash

The quote I got last night on SX Prestige had a .00285 MF, 64% RV and $3280 lease cash on 36/12 in 02188. Any idea why it would be different than what you listed?

kyfdx · February 2

tjm111 said:

@kyfdx said:

.00269 MF and 75% residual. $1970 lease cash

.00287 MF and 67% residual. $2230 lease cash

The quote I got last night on SX Prestige had a .00285 MF, 64% RV and $3280 lease cash on 36/12 in 02188. Any idea why it would be different than what you listed?

Nope

Brandon12 · February 6

Hi - could you please let me know the MF, RV, and incentives for zip 94401 for the below?

- 2023 Hybrid SX Prestige AWD
- 2023 SX Prestige AWD?

Thank you!

Michaell · February 6

Brandon12 said:
Hi - could you please let me know the MF, RV, and incentives for zip 94401 for the below?

- 2023 Hybrid SX Prestige AWD
- 2023 SX Prestige AWD?

Thank you!

What lease term and how many miles per year?

Brandon12 · February 6

@Michaell said:
What lease term and how many miles per year?

Ugh, apologies. 24/10 and 36/10 please.

kyfdx · February 7

Brandon12 said:
Hi - could you please let me know the MF, RV, and incentives for zip 94401 for the below?

- 2023 Hybrid SX Prestige AWD
- 2023 SX Prestige AWD?

Thank you!

.00270 MF and 72% residual. $1860 lease cash
.00287 MF and 64% residual. $1730 lease cash

.00269 MF and 76% residual. $1970 lease cash
.00287 MF and 68% residual. $2230 lease cash

Brandon12 · February 7

kyfdx said:

Brandon12 said:
Hi - could you please let me know the MF, RV, and incentives for zip 94401 for the below?

- 2023 Hybrid SX Prestige AWD
- 2023 SX Prestige AWD?

Thank you!
.00270 MF and 72% residual. $1860 lease cash
.00287 MF and 64% residual. $1730 lease cash

.00269 MF and 76% residual. $1970 lease cash
.00287 MF and 68% residual. $2230 lease cash

Thank you as always! Apologies for my brainlapse!

tsnew1 · February 13

Hello, I'm looking again for the lease details for a X-Line SX Prestige AWD Trim.

10,000 miles
36 month
60564

Thanks in advance!

kyfdx · February 13

tsnew1 said:
Hello, I'm looking again for the lease details for a X-Line SX Prestige AWD Trim.
10,000 miles
36 month
60564
Thanks in advance!

.00287 MF and 68% residual
$2230 lease cash
$500 bonus cash

lcccarfan · February 19

Hi - could you please let me know the MF, RV, and incentives for zip 02921 for the 2023 Sorento X-Line SX-Prestige AWD. Thank you.

Michaell · February 19

lcccarfan said:
Hi - could you please let me know the MF, RV, and incentives for zip 02921 for the 2023 Sorento X-Line SX-Prestige AWD. Thank you.

36/15
.00287 MF and 65% RV
$2230 lease cash

Caveman35 · February 26

Mf and rv for 2023 ex xline awd 12k 36 miles 11731 thanks

Michaell · February 26

Caveman35 said:
Mf and rv for 2023 ex xline awd 12k 36 miles 11731 thanks

.00286 MF and 64% RV
$2930 lease cash

Lizing · March 10

Good morning, can I please have the MF, residual and incentives for 2023 Kia Sorento PHEV SX Prestige for 36/12k and 24/10k? I am in a talk with a dealer who has left a last year's model. ZIP code is 06518 CT. Thank you

kyfdx · March 10

Lizing said:
Good morning, can I please have the MF, residual and incentives for 2023 Kia Sorento PHEV SX Prestige for 36/12k and 24/10k? I am in a talk with a dealer who has left a last year's model. ZIP code is 06518 CT. Thank you

.00231 MF and 72% residual. $2300 lease cash
.00251 MF and 64% residual. $2000 lease cash

Lizing · March 14

Lizing said:

Good morning, can I please have the MF, residual and incentives for 2023 Kia Sorento PHEV SX Prestige for 36/12k and 24/10k? I am in a talk with a dealer who has left a last year's model. ZIP code is 06518 CT. Thank you

.00231 MF and 72% residual. $2300 lease cash
.00251 MF and 64% residual. $2000 lease cash

----------------------------

Thank you for your reply but may I ask you to check these numbers again because I think these numbers for the 2024 KIA Sorento PHEV SX Prestige but I am looking for the numbers of the 2023 PHEV Kia Sorento SX Prestige. So can I get a residual value, MF and lease cash numbers for the 2023 KIA Sorento PHEV SX Prestige 36 month/12k miles , zip code is 06518 CT. Thank you so much again

kyfdx · March 14

Lizing said:
Lizing said:

Good morning, can I please have the MF, residual and incentives for 2023 Kia Sorento PHEV SX Prestige for 36/12k and 24/10k? I am in a talk with a dealer who has left a last year's model. ZIP code is 06518 CT. Thank you

.00231 MF and 72% residual. $2300 lease cash
.00251 MF and 64% residual. $2000 lease cash

----------------------------

Thank you for your reply but may I ask you to check these numbers again because I think these numbers for the 2024 KIA Sorento PHEV SX Prestige but I am looking for the numbers of the 2023 PHEV Kia Sorento SX Prestige. So can I get a residual value, MF and lease cash numbers for the 2023 KIA Sorento PHEV SX Prestige 36 month/12k miles , zip code is 06518 CT. Thank you so much again

Sorry about that

.00232 MF and 74% residual. $4750 lease cash
.00252 MF and 66% residual. $5450 lease cash

Marko93 · March 17

Hello, can I please have the MF, RV, and incentives for 2023 Sorento S and LX, 36/12, for zip 33484. Thank you.

Michaell · March 17

Marko93 said:
Hello, can I please have the MF, RV, and incentives for 2023 Sorento S and LX, 36/12, for zip 33484. Thank you.

FWD or AWD?

Marko93 · March 17

@Michaell said:
FWD or AWD?

FWD

kyfdx · March 17

Marko93 said:
Hello, can I please have the MF, RV, and incentives for 2023 Sorento S and LX, 36/12, for zip 33484. Thank you.

Marko93 said:

@Michaell said:

FWD or AWD?

FWD

LX: .00249 MF and 60% residual. $3470 lease cash
S: .00249 MF and 62% residual. $2780 lease cash

girldad17 · March 20

Hi. Could you please provide most recent MF, RV and incentives for 2023 Sorento LX AWD and X-Line EX AWD. Both for 12k/36 and zip is 07030. Thank you.

Michaell · March 20

girldad17 said:
Hi. Could you please provide most recent MF, RV and incentives for 2023 Sorento LX AWD and X-Line EX AWD. Both for 12k/36 and zip is 07030. Thank you.

LX - .00248 MF and 62% RV; $2820 lease cash
EX X-Line - .00249 MF and 65% RV; $2030 lease cash

Marko93 · March 26

Hello, can I please have the MF, RV, and incentives for 2023 Sorento SX, 36/12, AWD, for zip 33484. Thank you.

kyfdx · March 26

Marko93 said:
Hello, can I please have the MF, RV, and incentives for 2023 Sorento SX, 36/12, AWD, for zip 33484. Thank you.

.00251 MF and 64% residual
$2580 lease cash
$500 bonus cash

Zax · April 6

Hello, can I please have the MF, RV, and Incentives for 2023 Kia Sorento Plug-in Hybrid SX Prestige?
36/12
Zip code: 20151.

Thanks!

HawkeyeCub · April 6

Could I please get the RV, MF, & any lease incentives for 2024 Kia Sorento X-Line SX AWD for zip code 85255 for 36/10? Thank you.

kyfdx · April 6

Zax said:
Hello, can I please have the MF, RV, and Incentives for 2023 Kia Sorento Plug-in Hybrid SX Prestige?
36/12
Zip code: 20151.

Thanks!

.00252 MF and 66% residual
$5450 lease cash

kyfdx · April 6

HawkeyeCub said:
Could I please get the RV, MF, & any lease incentives for 2024 Kia Sorento X-Line SX AWD for zip code 85255 for 36/10? Thank you.

.00259 MF and 69% residual
No lease incentives

Jayjersey · April 16

Please. Money factor, residual and any incentives 2023 Kia sorrento Lx awd and ex awd. 36/10.
Zip 07605.
TIA

kyfdx · April 17

Jayjersey said:
Please. Money factor, residual and any incentives 2023 Kia sorrento Lx awd and ex awd. 36/10.

Zip 07605.

TIA

EX: .00258 MF and 69% residual
$330 lease cash

I can't find numbers for the LX in AWD.

Erlexx · April 22

Signing my deal on an EV6 tomorrow thanks to the moderators here! Now for the wife's car...

Could I get the MF, RV, and incentives on a 2023 Kia Sorento Plug-In Hybrid SX Prestige 24/15k and 36/15k

Zip 25303

Thank you!

2023 Kia Sorento Lease Deals and Purchase Prices

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