Not surprised you can't find FWD in NY. The lease program is better on AWD, anyway, so let's stick with that
EX Turbo AWD .00128 MF and 60%/58% residual. $2500 lease cash EX V6 AWD .00131 MF and 59%/57% residual. $2500 lease cash
Thanks! Those actually seem like pretty good numbers. I have a few feelers out to dealers now, we'll see what they come back with. Looking to put $0 down and roll taxes/fees into monthly payments. Hoping I can get that at or under $350/month - anyone have any luck with that?
Hello, May I please get December's money factor and residual plus any applicable rebates for 2107 Sorento SX FWD with advance tech package as well as 2017 Sorento EX V6 FWD with premium package and advanced touring package. 36mo/12k and 39mo/12k for both trims
Hello, May I please get December's money factor and residual plus any applicable rebates for 2107 Sorento SX FWD with advance tech package as well as 2017 Sorento EX V6 FWD with premium package and advanced touring package. 36mo/12k and 39mo/12k for both trims
Thanks!
SX: .00088 MF and 56% residual. $2500 lease cash for either term. EX: .00130 MF and 58% residual. $2500 lease cash for either term.
H Guys, This will be my first time leasing. Any help would be appreciated. Any changes to the leasing information (MF, residual, lease cash) for the rest of December? 2017 KIA Sorento SXL V6 AWD. Credit Score 740. Lease months 24, 36, 39 and 48. Not sure if their are any other options. 10k, 12k and 15k miles. Not sure if their are any other options to the mileage. Chicagoland area Zip Codes: 60016
24/15 - .00032 and 58%. $5000 lease cash. 36/15 or 39/15 - .00049 and 53%. $2500 lease cash. 48/15 - .00069 and 48%. $1500 lease cash
Add 2% for 12K or 3% for 10K
Hi,
Are these numbers the same for the Sorento SXL V6 AWD in the Long Island, NY area zip code 11040?
I'm also considering the Sorento SX V6 AWD so I'd like the money factor and residual for tier 1 credit for 24, 36, 39 month leases for 10k, 12k and 15k miles per year.
H Guys, This will be my first time leasing. Any help would be appreciated. Any changes to the leasing information (MF, residual, lease cash) for the rest of December? 2017 KIA Sorento SXL V6 AWD. Credit Score 740. Lease months 24, 36, 39 and 48. Not sure if their are any other options. 10k, 12k and 15k miles. Not sure if their are any other options to the mileage. Chicagoland area Zip Codes: 60016
24/15 - .00032 and 58%. $5000 lease cash. 36/15 or 39/15 - .00049 and 53%. $2500 lease cash. 48/15 - .00069 and 48%. $1500 lease cash
Add 2% for 12K or 3% for 10K
Hi,
Are these numbers the same for the Sorento SXL V6 AWD in the Long Island, NY area zip code 11040?
I'm also considering the Sorento SX V6 AWD so I'd like the money factor and residual for tier 1 credit for 24, 36, 39 month leases for 10k, 12k and 15k miles per year.
Thanks in advance.
Sam
We only have the national numbers. No regional information available.
SX V6 AWD: 12K/yr. .00122 MF and 62% residual. $5000 lease cash .00091 MF and 57% residual. $2500 lease cash .00091 MF and 57% residual. $2500 lease cash
Subtract 2% for 15K/yr Add 1% for 10K/yr (but not for 24 months)
Are these numbers the same for the Sorento SXL V6 AWD in the Long Island, NY area zip code 11040?
I'm also considering the Sorento SX V6 AWD so I'd like the money factor and residual for tier 1 credit for 24, 36, 39 month leases for 10k, 12k and 15k miles per year.
Thanks in advance.
Sam
We only have the national numbers. No regional information available.
SX V6 AWD: 12K/yr. .00122 MF and 62% residual. $5000 lease cash .00091 MF and 57% residual. $2500 lease cash .00091 MF and 57% residual. $2500 lease cash
Subtract 2% for 15K/yr Add 1% for 10K/yr (but not for 24 months)
Thanks. I forgot to ask for 48 months as well. Could I please have those numbers too?
Just to make sure I understood you correctly. There's no change in the residual percentage or a 24 month lease whether it's 12k or 10k miles/per year. Is that correct?
Also, I noticed that the SXL residual percentages are 4% lower than the SX which seems like a big difference to me. Does Kia do anything weird with their lease payment calculations and the cost of option packages like not residualizing them? I remember many years ago both Toyota and Audi did this with some of their leases where the residual percentage would apply to the base price without options and then you'd have to pay for 100% of the cost of the options in the lease payment. In other words, they treated the financing of the option packages in the lease as if they were dealer installed items.
Are these numbers the same for the Sorento SXL V6 AWD in the Long Island, NY area zip code 11040?
I'm also considering the Sorento SX V6 AWD so I'd like the money factor and residual for tier 1 credit for 24, 36, 39 month leases for 10k, 12k and 15k miles per year.
Thanks in advance.
Sam
We only have the national numbers. No regional information available.
SX V6 AWD: 12K/yr. .00122 MF and 62% residual. $5000 lease cash .00091 MF and 57% residual. $2500 lease cash .00091 MF and 57% residual. $2500 lease cash
Subtract 2% for 15K/yr Add 1% for 10K/yr (but not for 24 months)
Thanks. I forgot to ask for 48 months as well. Could I please have those numbers too?
Just to make sure I understood you correctly. There's no change in the residual percentage or a 24 month lease whether it's 12k or 10k miles/per year. Is that correct?
Also, I noticed that the SXL residual percentages are 4% lower than the SX which seems like a big difference to me. Does Kia do anything weird with their lease payment calculations and the cost of option packages like not residualizing them? I remember many years ago both Toyota and Audi did this with some of their leases where the residual percentage would apply to the base price without options and then you'd have to pay for 100% of the cost of the options in the lease payment. In other words, they treated the financing of the option packages in the lease as if they were dealer installed items.
48/12: .00100 MF and 52% residual. $1500 lease cash 24 month leases are not available with a 10K/yr allowance.
SXL residuals are just 2% lower than the SX, across the board. The full MSRP is residualized.
So that means my starting point with the dealer is $29580 - $2500 = $27080 for the purchase price? How much lower is realistic/should I try to get that down?
What fees should I be okay paying (and how much should they be?) What fees are BS and I shouldn't be paying?
If they have the same money factor and RV, would you recommend 36 or 39 months?
So that means my starting point with the dealer is $29580 - $2500 = $27080 for the purchase price? How much lower is realistic/should I try to get that down?
What fees should I be okay paying (and how much should they be?) What fees are BS and I shouldn't be paying?
If they have the same money factor and RV, would you recommend 36 or 39 months?
Negotiate your best price - just like if you were buying - then apply the lease cash. Use the "make / model / year" pulldowns at the top of the page to link to the price tools.
If the numbers are identical, the 39 month term will result in a slightly lower payment.
There is an acquisition fee. What state is this? Other fees are local.
So that means my starting point with the dealer is $29580 - $2500 = $27080 for the purchase price? How much lower is realistic/should I try to get that down?
What fees should I be okay paying (and how much should they be?) What fees are BS and I shouldn't be paying?
If they have the same money factor and RV, would you recommend 36 or 39 months?
Negotiate your best price - just like if you were buying - then apply the lease cash. Use the "make / model / year" pulldowns at the top of the page to link to the price tools.
If the numbers are identical, the 39 month term will result in a slightly lower payment.
There is an acquisition fee. What state is this? Other fees are local.
So that means my starting point with the dealer is $29580 - $2500 = $27080 for the purchase price? How much lower is realistic/should I try to get that down?
What fees should I be okay paying (and how much should they be?) What fees are BS and I shouldn't be paying?
If they have the same money factor and RV, would you recommend 36 or 39 months?
Negotiate your best price - just like if you were buying - then apply the lease cash. Use the "make / model / year" pulldowns at the top of the page to link to the price tools.
If the numbers are identical, the 39 month term will result in a slightly lower payment.
There is an acquisition fee. What state is this? Other fees are local.
New Jersey
There is likely to be a dealer fee of $300-500, plus DMV costs.
2017 Sorrento EX (Turbo) with Premium Package and Frost White Color (added cost for the color): $360/month for 39 months. $0 down - only paid first month before driving off. Taxes/fees/ etc all rolled into the monthly payment. 15,000 miles per year.
Don't have paperwork in front of me but MSRP was approx $36,500, got the $2500 lease cash plus Grad and Loyalty rebates. MF was .00109 and Residual was 57% (because of 15k program).
2017 Sorrento EX (Turbo) with Premium Package and Frost White Color (added cost for the color): $360/month for 39 months. $0 down - only paid first month before driving off. Taxes/fees/ etc all rolled into the monthly payment. 15,000 miles per year.
Don't have paperwork in front of me but MSRP was approx $36,500, got the $2500 lease cash plus Grad and Loyalty rebates. MF was .00109 and Residual was 57% (because of 15k program).
Hello all! Apologies in advance as I'm typing this from a phone. Is this a good deal on the 2017 Sorento EX with both packages. Standard 36 Mon/12k lease. I'm confused by the two cap deductions. You guys rock and provide an awesome service!
%59 residual
$2,500 rebate
drive off is $3,000
$32,990 - $333 include all taxes, licences, registration, and all the paper work fees.
Hello all! Apologies in advance as I'm typing this from a phone. Is this a good deal on the 2017 Sorento EX with both packages. Standard 36 Mon/12k lease. I'm confused by the two cap deductions. You guys rock and provide an awesome service!
%59 residual
$2,500 rebate
drive off is $3,000
$32,990 - $333 include all taxes, licences, registration, and all the paper work fees.
Acquisition Fee: $595
Licensing Fee: $356
County Tax: $424
Cap reduction: $337
1st Monthly Payment: $330
Capital Equity Reduction: $999
Total: $3,041
The $337 is likely tax on the CAP reductions (rebate plus the $999) The $999 is your actual CAP cost reduction from the $3041 upfront
The MSRP is $37695. Typically when I ask for driveoff figures, they're under a grand. How would this be different from a down payment? Thanks for all your help!
Need help decoding this 39 month 10k miles/year EX v6 AWD premium+advanced touring packages, quote: $2000 down and $329/monthx39. MSRP slightly over $39700. Selling price around $36600. I have negotiated nothing yet. This was the opening quote. NJ tax included in price quoted. Thank you.
Need help decoding this 39 month 10k miles/year EX v6 AWD premium+advanced touring packages, quote: $2000 down and $329/monthx39. MSRP slightly over $39700. Selling price around $36600. I have negotiated nothing yet. This was the opening quote. NJ tax included in price quoted. Thank you.
The national numbers are .00131 and 60%, with $2500 lease cash. We don't have the specific tri-state numbers from Kia, this month.
With your prices, I get $407/mo before tax.
Ask the dealer what the adjusted cap cost is, as well as the MF and residual they are using to get their quoted payment.
Ok new quote this time. It would be a 1.5 hr drive each way so I need to know soon if it's worth taking. I'm trying to get them to $350 including tax and am willing to walk away.
2017 Sorento SX (Tech Package) - 39 months/10k miles MSRP - $41,845 Discount - $4182 Rebate savings - $3000 Net Cap after savings/rebate - $35,458 (Lojack added for $795)
Base Payment - $340 (39 payments of $371.16 including 9% tax)
Driveoff Due on Delivery $1711.11 = Doc Prep Fee ($80) + License/Title ($379) + Tire/Battery/VTR ($8.75) + Acquisition ($595) + Tax on Collected Items ($277.20) + 1st payment ($371.16)
She made a big deal about the LoJack being pre-installed. Is that something the dealer can remove? Also, I'm pushing for $340 including tax. I read online that including the acquisition fee in the driveoff reduces the monthly number but the discount right now is pretty solid right?
She made a big deal about the LoJack being pre-installed. Is that something the dealer can remove? Also, I'm pushing for $340 including tax. I read online that including the acquisition fee in the driveoff reduces the monthly number but the discount right now is pretty solid right?
Nobody in a 50 mile radius is coming close...
I've heard that line about lojack about a dozen times. Tell them you won't pay for it, and see what happens.
Moving the acquisition fee into the CAP cost is going to raise the monthly payment a corresponding amount.
Got upgraded to an SX V6 AWD(began negotiations for an EX v6 awd with adv touring pack). w/o the advanced package(so no autonomous braking etc) but with merlot leather, wheel locks, remote start key fobs, carpets etc. getting to an MSRP of $41775. $334 x 39 months plus $2000 down payment. All taxes/fees/gap ins included. Adj cap cost $37200(rounding off - typing from memory). Residual~ $24200. NJ taxes. Your thoughts?
Edit - wasn't given a MF by the dealership but an online calculator threw up .0005.
Got upgraded to an SX V6 AWD(began negotiations for an EX v6 awd with adv touring pack). w/o the advanced package(so no autonomous braking etc) but with merlot leather, wheel locks, remote start key fobs, carpets etc. getting to an MSRP of $41775. $334 x 39 months plus $2000 down payment. All taxes/fees/gap ins included. Adj cap cost $37200(rounding off - typing from memory). Residual~ $24200. NJ taxes. Your thoughts?
Edit - wasn't given a MF by the dealership but an online calculator threw up .0005.
.00091 and 57%, assuming 12K allowance. $2500 lease cash.
Using your prices, I get $399/mo. Taking the $2K off the adjusted cap cost takes the payment to $346/mo, so much closer to your quote.
Looking to lease a Sorento EX AWD with Touring Package MSRP $39,495 I am in NYS and was quoted $439 with $439 down Would like to get the payment closer to if not under $400 Anyone know MF and Residuals and also if this is a good deal to start
Looking to lease a Sorento EX AWD with Touring Package MSRP $39,495 I am in NYS and was quoted $439 with $439 down Would like to get the payment closer to if not under $400 Anyone know MF and Residuals and also if this is a good deal to start
What lease term? How many miles per year?
What's the adjusted cap cost, if you are rolling in the taxes and fees into the lease?
$39/mo is about $1400 over a 36 month lease; that's what you'd have to reduce the cap cost by to hit your target payment.
Comments
Can I please get numbers for:
2017 Sorento EX
2017 Sorento EX V6
Both for 36/12k and 36/15k.
Location: New York City
Hoping to pull the trigger this weekend - looking to put $0 down.
Thanks!
Thank you so much!
Do you think these are good deals? I may push for less cash upfront. The rate and residual look good, right?
The lease program is better on AWD, anyway, so let's stick with that
EX Turbo AWD
.00128 MF and 60%/58% residual. $2500 lease cash
EX V6 AWD
.00131 MF and 59%/57% residual. $2500 lease cash
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May I please get December's money factor and residual plus any applicable rebates for 2107 Sorento SX FWD with advance tech package as well as 2017 Sorento EX V6 FWD with premium package and advanced touring package.
36mo/12k and 39mo/12k for both trims
Thanks!
.00088 MF and 56% residual. $2500 lease cash for either term.
EX:
.00130 MF and 58% residual. $2500 lease cash for either term.
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Are these numbers the same for the Sorento SXL V6 AWD in the Long Island, NY area zip code 11040?
I'm also considering the Sorento SX V6 AWD so I'd like the money factor and residual for tier 1 credit for 24, 36, 39 month leases for 10k, 12k and 15k miles per year.
Thanks in advance.
Sam
SX V6 AWD: 12K/yr.
.00122 MF and 62% residual. $5000 lease cash
.00091 MF and 57% residual. $2500 lease cash
.00091 MF and 57% residual. $2500 lease cash
Subtract 2% for 15K/yr
Add 1% for 10K/yr (but not for 24 months)
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Just to make sure I understood you correctly. There's no change in the residual percentage or a 24 month lease whether it's 12k or 10k miles/per year. Is that correct?
Also, I noticed that the SXL residual percentages are 4% lower than the SX which seems like a big difference to me. Does Kia do anything weird with their lease payment calculations and the cost of option packages like not residualizing them? I remember many years ago both Toyota and Audi did this with some of their leases where the residual percentage would apply to the base price without options and then you'd have to pay for 100% of the cost of the options in the lease payment. In other words, they treated the financing of the option packages in the lease as if they were dealer installed items.
24 month leases are not available with a 10K/yr allowance.
SXL residuals are just 2% lower than the SX, across the board.
The full MSRP is residualized.
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First time on this forum. I was directed here by a friend. I am considering leasing for the first time.
Zipcode: 07511
Credit: 740+
Vehicle: 2017 Kia Sorento LX AWD 2.4L 4 Cyl.
MSRP: $29,580
Id like the following
-lease for 36 or 39 months (doesn't really matter to me)
-12,000 miles/year.
-$0 money down due at signing.
I'd just like monthly payments. Can someone help me figure out what I should be paying for this car monthly? What incentives are out there, etc.
Any help is appreciated. Thank you!
39/12 - .00079 and 57%. $2500 lease cash
We would need to know the negotiated selling price in order to calculate a payment.
Suggest you review the articles at the following link to get you up to speed on leasing.
https://www.edmunds.com/car-leasing/
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
What fees should I be okay paying (and how much should they be?) What fees are BS and I shouldn't be paying?
If they have the same money factor and RV, would you recommend 36 or 39 months?
If the numbers are identical, the 39 month term will result in a slightly lower payment.
There is an acquisition fee. What state is this? Other fees are local.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2017 Sorrento EX (Turbo) with Premium Package and Frost White Color (added cost for the color): $360/month for 39 months. $0 down - only paid first month before driving off. Taxes/fees/ etc all rolled into the monthly payment. 15,000 miles per year.
Don't have paperwork in front of me but MSRP was approx $36,500, got the $2500 lease cash plus Grad and Loyalty rebates. MF was .00109 and Residual was 57% (because of 15k program).
Congrats, and enjoy!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2017 Kia Sorento LX 4-cyl AWD Convenience package + 3rd row package
my credit is ~800. in New Jersey
39 months. 12k miles/year. $1000 down. $279/month (all fees and taxes are rolled into monthly payment.)
I didn't ask for breakdown. It seems good to me...
Please advise...
Thanks in advance!
Lease numbers are .00079 and 57%. $2500 lease cash.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Negotiating the payment gives the dealer too many opportunities to pad things.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Can you give me residual and MF for these two options please?
LX AWD 4-cyl, Convenience+Essential Premium+3rd row
EX V6 AWD
Thanks
EX V6 AWD - .00131 and 59%. Same $2500 lease cash.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
%59 residual
$2,500 rebate
drive off is $3,000
$32,990 - $333 include all taxes, licences, registration, and all the paper work fees.
Acquisition Fee: $595
Licensing Fee: $356
County Tax: $424
Cap reduction: $337
1st Monthly Payment: $330
Capital Equity Reduction: $999
Total: $3,041
The $999 is your actual CAP cost reduction from the $3041 upfront
What is the MSRP?
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I have negotiated nothing yet. This was the opening quote. NJ tax included in price quoted. Thank you.
With your prices, I get $407/mo before tax.
Ask the dealer what the adjusted cap cost is, as well as the MF and residual they are using to get their quoted payment.
$80/mo is over $3000 difference
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
money factor .00113
adjusted cap cost $32,300
Revising the selling price included in my previous post to $33800.
With your updated numbers, I now get a payment of $281/mo before tax.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
The math is the math.
Confirm the adjusted cap cost with the dealer.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2017 Sorento SX (Tech Package) - 39 months/10k miles
MSRP - $41,845
Discount - $4182
Rebate savings - $3000
Net Cap after savings/rebate - $35,458 (Lojack added for $795)
Base Payment - $340 (39 payments of $371.16 including 9% tax)
Driveoff Due on Delivery $1711.11 = Doc Prep Fee ($80) + License/Title ($379) + Tire/Battery/VTR ($8.75) + Acquisition ($595) + Tax on Collected Items ($277.20) + 1st payment ($371.16)
What's the verdict?
The price looks good.
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Nobody in a 50 mile radius is coming close...
Moving the acquisition fee into the CAP cost is going to raise the monthly payment a corresponding amount.
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Edit - wasn't given a MF by the dealership but an online calculator threw up .0005.
Using your prices, I get $399/mo. Taking the $2K off the adjusted cap cost takes the payment to $346/mo, so much closer to your quote.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MSRP $39,495
I am in NYS and was quoted $439 with $439 down
Would like to get the payment closer to if not under $400
Anyone know MF and Residuals and also if this is a good deal to start
What's the adjusted cap cost, if you are rolling in the taxes and fees into the lease?
$39/mo is about $1400 over a 36 month lease; that's what you'd have to reduce the cap cost by to hit your target payment.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Not sure about adjusted cap cost but everything getting rolled into the lease just first payment down.
3.3 V-6: .00131 MF and 59% residual
$2500 lease cash
Read back a few pages. Plenty of other member's examples of what they paid.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Do you have MF and RV for NJ 2017 Kia
LX AWD 4-cyl, Convenience+Essential Premium+3rd row
LX V6
EX V6 AWD
SXL
36/15k
24/15k
Any lease cash?