2016 Kia Sorento Lease Questions

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  • mark1266mark1266 Member Posts: 16
    Hi,

    I'm looking for the MF, residual and any incentives for a 2016 Sorento LX with the convenience package and third row seating in NJ, 36months 12k. I've seen some deals for a sign and drive lease for $304, is that a good deal? Below are the terms that I found for the deal. Are termination fees negotiable?



    Closed-end lease based on new 2016 Sorento (Model #73422) subject to credit approval,dealer participation, and vehicle availability. $304 per month for 36 months after $0 first month payment with $0 due at lease signing. Monthly payments include $595 capitalized acquisition fee. No security deposit required. Offer shown total lease payments are $10,640.Actual payments may vary. Purchase option at lease-end for offer shown of residual value of $18,203.85.Lessee is responsible for insurance, maintenance, repairs, $.20 per mile over 12,000 miles/year,excess wear, and a $400 termination fee*. Lease offer applies to Sorento (MSRP $28895, includes freight, and excludes taxes, title, license, additional options and retailer charges). Actual prices set by dealer. Must take delivery from retail stock by 9/8/2015. Dealer contribution may vary and could affect actual lease payment. See dealer for warranty and lease details or go to kia.com.
  • MichaellMichaell Moderator Posts: 259,332
    mark1266 said:

    Hi,

    I'm looking for the MF, residual and any incentives for a 2016 Sorento LX with the convenience package and third row seating in NJ, 36months 12k. I've seen some deals for a sign and drive lease for $304, is that a good deal? Below are the terms that I found for the deal. Are termination fees negotiable?



    Closed-end lease based on new 2016 Sorento (Model #73422) subject to credit approval,dealer participation, and vehicle availability. $304 per month for 36 months after $0 first month payment with $0 due at lease signing. Monthly payments include $595 capitalized acquisition fee. No security deposit required. Offer shown total lease payments are $10,640.Actual payments may vary. Purchase option at lease-end for offer shown of residual value of $18,203.85.Lessee is responsible for insurance, maintenance, repairs, $.20 per mile over 12,000 miles/year,excess wear, and a $400 termination fee*. Lease offer applies to Sorento (MSRP $28895, includes freight, and excludes taxes, title, license, additional options and retailer charges). Actual prices set by dealer. Must take delivery from retail stock by 9/8/2015. Dealer contribution may vary and could affect actual lease payment. See dealer for warranty and lease details or go to kia.com.

    Any national or regional deal is usually just "OK"; you can negotiate a better deal yourself which would result in a lower payment.

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  • mark1266mark1266 Member Posts: 16
    I figured. Can you provided the details for a 36month 12k mile on a Sorento LX with convenience package and third row seating? Is there any lease cash?

    Thanks,
    Mark
  • MichaellMichaell Moderator Posts: 259,332
    mark1266 said:

    I figured. Can you provided the details for a 36month 12k mile on a Sorento LX with convenience package and third row seating? Is there any lease cash?

    Thanks,
    Mark

    FWD or AWD? 4-cyl or V6?

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  • mark1266mark1266 Member Posts: 16
    Sorry about that. FWD 4cyl
  • MichaellMichaell Moderator Posts: 259,332
    mark1266 said:

    I figured. Can you provided the details for a 36month 12k mile on a Sorento LX with convenience package and third row seating? Is there any lease cash?

    Thanks,
    Mark

    mark1266 said:

    Sorry about that. FWD 4cyl

    .00049 and 61%. $1500 lease cash.

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  • hydro13hydro13 Member Posts: 83
    What is the current MF and Residual for a 2016 Kia Sorento SXL V6 AWD 36/12,000?
  • MichaellMichaell Moderator Posts: 259,332
    hydro13 said:

    What is the current MF and Residual for a 2016 Kia Sorento SXL V6 AWD 36/12,000?

    What state? Kia numbers are regional.

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  • hydro13hydro13 Member Posts: 83
    Massachusetts and New Hampshire
  • MichaellMichaell Moderator Posts: 259,332
    hydro13 said:

    What is the current MF and Residual for a 2016 Kia Sorento SXL V6 AWD 36/12,000?

    hydro13 said:

    Massachusetts and New Hampshire

    .00097 and 59%. $2500 lease cash.

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  • hydro13hydro13 Member Posts: 83
    I'm not familiar with lease cash. How does this work?
  • MichaellMichaell Moderator Posts: 259,332
    hydro13 said:
    I'm not familiar with lease cash. How does this work?
    Lease cash is a factory to dealer incentive. Dealer can choose to pass it along to the customer. 

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  • bfactor84bfactor84 Member Posts: 27
    Requesting MF, residuals and incentives for FWD Sorento Limited in SE Florida (33324) for 36/10, 12 and 15.

    I see some lease incentives for LX in the incentives section ...... do they apply to the limited model too?

    Thanks
  • kyfdxkyfdx Moderator Posts: 261,406
    bfactor84 said:

    Requesting MF, residuals and incentives for FWD Sorento Limited in SE Florida (33324) for 36/10, 12 and 15.

    I see some lease incentives for LX in the incentives section ...... do they apply to the limited model too?

    Thanks

    The SX-L model? Turbo or V-6?

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  • bfactor84bfactor84 Member Posts: 27
    edited July 2015
    2016 SX-L Turbo
  • MichaellMichaell Moderator Posts: 259,332
    bfactor84 said:

    2016 SX-L Turbo

    36/15 numbers for the 2016 Sorento SX-L FWD 2.0T are .00056 and 54%. Add 2% for 12k and 3% for 10K

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  • GeorgemarounGeorgemaroun Member Posts: 3
    Greetings,
    Requesting MF/Residual for SX V6 AWD 12k/15k in NJ
    Thanks
    George
  • kyfdxkyfdx Moderator Posts: 261,406

    Greetings,
    Requesting MF/Residual for SX V6 AWD 12k/15k in NJ
    Thanks
    George

    .00128 MF and 64%/62% residual. $1500 lease cash

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  • pitchinwedgepitchinwedge Member Posts: 65
    Do we have current 36/12 numbers for the EX, SX and SX-L in So Cal? Thanks!
  • kyfdxkyfdx Moderator Posts: 261,406

    Do we have current 36/12 numbers for the EX, SX and SX-L in So Cal? Thanks!

    Turbo or V6?

    FWD or AWD?

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  • homerrulezhomerrulez Member Posts: 67
    based in NYC (brooklyn), can someone please tell me the money factor and residual for

    EX AWD 24 months and 36 months for 10k miles per year and 12k miles per year?

    Thanks
  • kyfdxkyfdx Moderator Posts: 261,406

    based in NYC (brooklyn), can someone please tell me the money factor and residual for

    EX AWD 24 months and 36 months for 10k miles per year and 12k miles per year?

    Thanks

    2.0T or 3.3 V-6?

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  • xzjn9pxzjn9p Member Posts: 9
    edited July 2015
    Hi. I'm looking for residual and MF for Sorento AWD V6 (LX, EX and SX if any differences) 12k 36 month in VA & MD. (enough acronyms?)

    thanks!
  • MichaellMichaell Moderator Posts: 259,332
    edited July 2015
    xzjn9p said:
    Hi. I'm looking for residual and MF for Sorento AWD V6 (LX, EX and SX if any differences) 12k 36 month in VA & MD. (enough acronyms?) thanks!
    LX .00145 and 65%
    EX .00144 and 64%
    SX .00143 and 64%

    $1500 lease cash. 

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  • sns23sns23 Member Posts: 11
    Can I please have the MF and Residual and Cash back figures for 2016 Sorrento EX and LX V4 FWD versions in Southern California

    If there is a significant difference for remaining 2015 models. please provide that as well. Thanks.
  • sns23sns23 Member Posts: 11
    Above for 36Mo\12K
  • kyfdxkyfdx Moderator Posts: 261,406
    sns23 said:

    Can I please have the MF and Residual and Cash back figures for 2016 Sorrento EX and LX V4 FWD versions in Southern California

    If there is a significant difference for remaining 2015 models. please provide that as well. Thanks.

    sns23 said:

    Above for 36Mo\12K

    For 2016 4 cylinder models, 36mo, 12K/yr

    LX: .00072 MF and 61% residual, $1500 lease cash
    EX: .00087 MF and 60% residual. $1500 lease cash

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  • timg4timg4 Member Posts: 21
    2016 Sorento - looking for MF, Residual, and any lease offers for an EX V6 AWD and a SX V6 AWD - 12k/36 months & 15k/36 months.

    For Albany, NY - good thru August 31st.

    Thanks a bunch!!
  • kyfdxkyfdx Moderator Posts: 261,406
    timg4 said:

    2016 Sorento - looking for MF, Residual, and any lease offers for an EX V6 AWD and a SX V6 AWD - 12k/36 months & 15k/36 months.

    For Albany, NY - good thru August 31st.

    Thanks a bunch!!

    EX: .00125 MF and 64% residual
    SX: .00128 MF and 64% residual

    $1500 lease cash
    Subtract 2% for 15K/yr

    Numbers are good through September 8th.

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  • finns2000finns2000 Member Posts: 8
    Could I please get the 36/12k AWD/FWD numbers for SX, Limited V6, & Limited 2.0 in NC?
    TIA!
  • MichaellMichaell Moderator Posts: 259,332
    finns2000 said:

    Could I please get the 36/12k AWD/FWD numbers for SX, Limited V6, & Limited 2.0 in NC?
    TIA!

    SX FWD - .00136 and 63%
    SX AWD - .00143 and 64%
    SX-L V6 FWD - .00090 and 58%
    SX-L V6 AWD - .00097 and 59%
    SX-L 2.0T FWD - .00056 and 56%
    SX-L 2.0T AWD - .00063 and 57%

    $1500 lease cash.

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  • w2w2pw2w2p Member Posts: 8
    Could you please post the MF and residuals of EX V6 FWD and SX FWD for 24/12k and 36/12k in Houston, TX?
  • MichaellMichaell Moderator Posts: 259,332
    edited July 2015
    w2w2p said:

    Could you please post the MF and residuals of EX V6 FWD and SX FWD for 24/12k and 36/12k in Houston, TX?

    24/12
    EX V6 FWD - .00130 and 68%. $2500 lease cash
    SX FWD - .00113 and 68%. $2500 lease cash

    36/12
    EX V6 FWD - .00139 and 63%. $1500 lease cash
    SX FWD - .00136 and 63%. $1500 lease cash

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  • mark1266mark1266 Member Posts: 16
    Hi Can I get info on the below. ( MF, Residuals, Lease Cash)

    2016 Sorento in NJ 36months 12k miles.

    LX FWD
    LX V6 FWD
    EX FWD
    EX V6 FWD
  • MichaellMichaell Moderator Posts: 259,332
    mark1266 said:

    Hi Can I get info on the below. ( MF, Residuals, Lease Cash)

    2016 Sorento in NJ 36months 12k miles.

    LX FWD
    LX V6 FWD
    EX FWD
    EX V6 FWD

    LX 2.4 FWD - .00049 and 61%
    LX V6 FWD - .00121 and 64%
    EX 2.0T FWD - .00067 and 60%
    EX V6 FWD - .00119 and 63%

    $1500 lease cash for all

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  • mark1266mark1266 Member Posts: 16
    Hi,

    One last request.
    Can I get info on the below. ( MF, Residuals, Lease Cash)

    2016 Sorento in NJ 24months 12k miles and 15k miles and 36 months 15k miles.

    LX FWD
    LX V6 FWD
    EX FWD
    EX V6 FWD
  • kyfdxkyfdx Moderator Posts: 261,406
    mark1266 said:

    Hi,

    One last request.
    Can I get info on the below. ( MF, Residuals, Lease Cash)

    2016 Sorento in NJ 24months 12k miles and 15k miles and 36 months 15k miles.

    LX FWD
    LX V6 FWD
    EX FWD
    EX V6 FWD

    LX FWD
    .00010 MF and 66%/64% residual. $2500 lease cash
    .00049 MF and 59% residual. $1500 lease cash
    LX V6 FWD
    .00124 MF and 69%/67% residual. $2500 lease cash
    .00121 MF and 62% residual. $1500 lease cash
    EX FWD
    .00033 MF and 65%/63% residual. $2500 lease cash
    .00067 MF and 58% residual. $1500 lease cash
    EX V6 FWD
    .00111 MF and 68%/66% residual. $2500 lease cash
    .00119 MF and 61% residual. $1500 lease cash

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  • bil2richbil2rich Member Posts: 5
    Could you please provide the lease numbers and incentives for a 2016 LX FWD w/convenience pkg. 36 months 15000 miles per year. Thanks for your time
  • kyfdxkyfdx Moderator Posts: 261,406
    bil2rich said:

    Could you please provide the lease numbers and incentives for a 2016 LX FWD w/convenience pkg. 36 months 15000 miles per year. Thanks for your time

    Kia numbers are regional.. which state?

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  • fairfaxgatorfairfaxgator Member Posts: 3
    Hello ALL:

    Just joined Edmunds forums...looking at Kia 2016 Sorento.

    Can I get info on the below. ( MF, Residuals, Lease Cash)?

    2016 Sorento in Fairfax, VA (Northern VA) 36months 12k miles.

    SX V6 Limited AWD
    SX V6 AWD

    Thanks,

    Fairfaxgator
  • kyfdxkyfdx Moderator Posts: 261,406

    Hello ALL:

    Just joined Edmunds forums...looking at Kia 2016 Sorento.

    Can I get info on the below. ( MF, Residuals, Lease Cash)?

    2016 Sorento in Fairfax, VA (Northern VA) 36months 12k miles.

    SX V6 Limited AWD
    SX V6 AWD

    Thanks,

    Fairfaxgator

    SX: .00143 MF and 64% residual. $1500 lease cash
    SX-L: .00097 MF and 59% residual. $2500 lease cash

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  • johng2016johng2016 Member Posts: 5
    Can I get info on the below. ( MF, Residuals, Lease Cash)?

    In Portland, OR

    2016 Sorento LX AWD 4cyl w/conv pkg
    LX AWD V6
    SX AWD V6

    24/12k and 36/12k

    Thanks
  • johng2016johng2016 Member Posts: 5
    Also EX V6 AWD
  • kyfdxkyfdx Moderator Posts: 261,406
    johng2016 said:

    Can I get info on the below. ( MF, Residuals, Lease Cash)?

    In Portland, OR

    2016 Sorento LX AWD 4cyl w/conv pkg
    LX AWD V6
    SX AWD V6

    24/12k and 36/12k

    Thanks

    johng2016 said:

    Also EX V6 AWD

    LX: .00150 MF and 70% residual. $2500 lease cash
    .00145 MF and 65% residual. $1500 lease cash

    SX: .00125 MF and 69% residual. $2500 lease cash
    .00143 MF and 64% residual. $1500 lease cash

    EX: .00138 MF and 69% residual. $2500 lease cash
    .00144 MF and 64% residual. $1500 lease cash

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  • fairfaxgatorfairfaxgator Member Posts: 3
    I know this is a lease thread, but any insights on purchase/price paid? Or at least where people are getting their numbers down to before leasing.

    2016 SX Limited AWD tech package and 2016 SX Limited AWD no tech.
  • MichaellMichaell Moderator Posts: 259,332

    I know this is a lease thread, but any insights on purchase/price paid? Or at least where people are getting their numbers down to before leasing.

    2016 SX Limited AWD tech package and 2016 SX Limited AWD no tech.

    Use the pricing tools at the top of the page (make / model / year) to get the Edmunds TMV price.

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  • SwamiSCSwamiSC Member Posts: 6
    Hello, would it be possible to get residual/MF for Limited V6 AWD 36/10,12 and 15 in NorCal? Thanks!
  • MichaellMichaell Moderator Posts: 259,332
    SwamiSC said:

    Hello, would it be possible to get residual/MF for Limited V6 AWD 36/10,12 and 15 in NorCal? Thanks!

    36/12 numbers are .00097 and 59%. $2500 lease cash.

    Add 1% for 10K or subtract 2% for 15K

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  • fryguy22fryguy22 Member Posts: 2
    edited August 2015
    Money Factor, Residual, Current Lease Incentives, 36 mo/12k miles, in Pennsylvania

    1) 2016 Sorento EX AWD V6

    2)2016 Sorento LX AWD V6

    3)2016 Sorento L AWD

    I appreciate your help.

    Thank you!
  • MichaellMichaell Moderator Posts: 259,332
    fryguy22 said:

    Money Factor, Residual, Current Lease Incentives, 36 mo/12k miles, in Pennsylvania

    1) 2016 Sorento EX AWD V6

    2)2016 Sorento LX AWD V6

    3)2016 Sorento L AWD

    I appreciate your help.

    Thank you!

    1. .00144 and 64%. $1500 lease cash
    2. .00145 and 65%. $1500 lease cash
    3. I don't see an "L" model for the Sorento

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