2018 Sorrento SX
Trying to see if numbers I am getting sounds correct for 2018 Kia Sorrento SX. The info I have is:
24month / 15k miles - 565.00 monthly, 2565.00 due at signing (2k cash down / 565.00 first month note)
36month / 15k miles - 499.99 monthly / 2499.00 due at signing (2k cash down down / 499.00 first month more)
MSRP - little above 40k
Zip code 70301
Is this a good deal? Any help is greatly appreciated.
Thanks,
bounty55
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kyfdx Moderator Posts: 261,282
It isn't disclosed on your sheet, but it looks like your selling price is only about $800 under MSRP.bounty55 said:Here is a screen shot of the numbers. Thanks for the help!
The calculations and lease variables appear to be correct, but that small discount is making this a pretty expensive SUV to lease.Edmunds Price Checker
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kyfdx Moderator Posts: 261,282
The residual and money factor are correct.bounty55 said:So the residual and money factor is correct? Any idea how much of a discount I should get? Really thought I could lease this vehicle for 425.00 a month but are far off. Any input is appreciated. Thanks
I don't track pricing, but if a vehicle has a $6700 incentive from the manufacturer, I'm guessing the dealer has more room than just an extra 2%.
I don't think this vehicle is going to lease well, in any event.Edmunds Price Checker
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Do you have the selling price and adjusted CAP cost on those deals?
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