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2018 Kia Niro Lease Deals and Prices

MichaellMichaell Moderator Posts: 240,145
edited November 2017 in Kia
Ask your 2018 Niro lease questions, here! Get info about prices, money factor, deals, incentives, and payments.

Get information about the 2018 Niro here

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Comments

  • steveh71steveh71 Member Posts: 23
    What are the MF, residual and incentives for the EX and Touring in Pennsylvania for 36/12? Thank you.
  • kyfdxkyfdx Moderator Posts: 235,200
    steveh71 said:

    What are the MF, residual and incentives for the EX and Touring in Pennsylvania for 36/12? Thank you.

    EX: .00180 MF and 55% residual. $3330 lease cash
    Tour: .00179 MF and 56% residual. $3530 lease cash

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  • rpole0902rpole0902 Member Posts: 2
    Hello, what is the money factor & residual for Niro LE AWD in IL for 36/12? Thank you.
  • MichaellMichaell Moderator Posts: 240,145
    rpole0902 said:

    Hello, what is the money factor & residual for Niro LE AWD in IL for 36/12? Thank you.

    LX?

    .00183 and 57%; $3130 lease cash

    The Niro is FWD only.

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  • jyksjllhkjyksjllhk Member Posts: 7
    Hi.
    what is MF/residual for Niro Touring with tech package for 12k/36 in GA?
    thank you
  • MichaellMichaell Moderator Posts: 240,145
    jyksjllhk said:

    Hi.
    what is MF/residual for Niro Touring with tech package for 12k/36 in GA?
    thank you

    .00179 and 56%: $3200 lease cash

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  • jmoyer1881jmoyer1881 Member Posts: 29
    edited November 2017
    Hello,
    Can you please let me know on the Niro EX and Touring for 36/12 in MD?
    Thanks in advance.
  • kyfdxkyfdx Moderator Posts: 235,200

    Hello,
    Can you please let me know on the Niro EX and Touring for 36/12 in MD?
    Thanks in advance.

    EX: .00180 MF and 55% residual. $3000 lease cash
    Tour: .00179 MF and 56% residual. $3200 lease cash

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  • arameth1arameth1 Member Posts: 21
    Hi, any details available yet on 2018 Kia Niro PHEV? EX Premium Trim, 36/12 in GA?
  • kyfdxkyfdx Moderator Posts: 235,200
    arameth1 said:

    Hi, any details available yet on 2018 Kia Niro PHEV? EX Premium Trim, 36/12 in GA?

    Nope... just the regular Niro

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  • nickpmdnickpmd Member Posts: 15
    Looking for lease deals on 2018 Kia Niro EX Premium in WA (Seattle Area)
    36 months, 12k miles/yr
  • MichaellMichaell Moderator Posts: 240,145
    nickpmd said:

    Looking for lease deals on 2018 Kia Niro EX Premium in WA (Seattle Area)
    36 months, 12k miles/yr

    Regular gas or hybrid? Guess there is a choice for 2018....

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  • nickpmdnickpmd Member Posts: 15
    edited January 2018
    Michaell said:
    Looking for lease deals on 2018 Kia Niro EX Premium in WA (Seattle Area)
    36 months, 12k miles/yr
    Regular gas or hybrid? Guess there is a choice for 2018....

    Hybrid, sorry forgot to mention.
  • MichaellMichaell Moderator Posts: 240,145
    nickpmd said:


    Michaell said:

    nickpmd said:

    Looking for lease deals on 2018 Kia Niro EX Premium in WA (Seattle Area)
    36 months, 12k miles/yr

    Regular gas or hybrid? Guess there is a choice for 2018....

    Hybrid, sorry forgot to mention.

    .00194 and 54%; $4843 lease cash

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  • nickpmdnickpmd Member Posts: 15
    edited January 2018
    Michaell said:
    Michaell said:
    Looking for lease deals on 2018 Kia Niro EX Premium in WA (Seattle Area)
    36 months, 12k miles/yr
    Regular gas or hybrid? Guess there is a choice for 2018....

    Hybrid, sorry forgot to mention.
    .00194 and 54%; $4843 lease cash

    How can I get this deal from the dealer ?
  • MichaellMichaell Moderator Posts: 240,145
    nickpmd said:


    Michaell said:


    Michaell said:

    Looking for lease deals on 2018 Kia Niro EX Premium in WA (Seattle Area)
    36 months, 12k miles/yr
    Regular gas or hybrid? Guess there is a choice for 2018....

    Hybrid, sorry forgot to mention.

    .00194 and 54%; $4843 lease cash


    How can I get this deal from the dealer ?

    The residual is fixed by the bank, so nothing to negotiate there.

    The dealer can mark up the MF for extra profit; if you see that, tell them you won't sign a deal unless you get the base rate.

    Then, shop other dealers until you get the deal you want.

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  • nickpmdnickpmd Member Posts: 15
    Thanks for the info. Much Appreciated !
  • nickpmdnickpmd Member Posts: 15
    Michaell said:

    nickpmd said:


    Michaell said:


    Michaell said:

    Looking for lease deals on 2018 Kia Niro EX Premium in WA (Seattle Area)
    36 months, 12k miles/yr
    Regular gas or hybrid? Guess there is a choice for 2018....

    Hybrid, sorry forgot to mention.
    .00194 and 54%; $4843 lease cash


    How can I get this deal from the dealer ?

    The residual is fixed by the bank, so nothing to negotiate there.

    The dealer can mark up the MF for extra profit; if you see that, tell them you won't sign a deal unless you get the base rate.

    Then, shop other dealers until you get the deal you want.

    Hello Michaell,

    I could get one dealer to give me the following numbers:
    MSRP: $32,500
    Residual: 56% (18,200)
    Money Factor: .00194
    Selling Price: $31,057
    Kia Lease Cash: $2,500

    Another dealer also gave similar numbers:
    MSRP: $32950
    Selling Price: 31,035
    Kia Lease Cash: $2500

    I'm not sure how to ask about the $4843 lease cash. Could you confirm that it is available for the 2018 Niro EX Hybrid w/ Premium Package?
    Thanks in advance.
  • kyfdxkyfdx Moderator Posts: 235,200
    nickpmd said:

    Michaell said:

    nickpmd said:


    Michaell said:


    Michaell said:

    Looking for lease deals on 2018 Kia Niro EX Premium in WA (Seattle Area)
    36 months, 12k miles/yr
    Regular gas or hybrid? Guess there is a choice for 2018....

    Hybrid, sorry forgot to mention.
    .00194 and 54%; $4843 lease cash

    How can I get this deal from the dealer ?

    The residual is fixed by the bank, so nothing to negotiate there.

    The dealer can mark up the MF for extra profit; if you see that, tell them you won't sign a deal unless you get the base rate.

    Then, shop other dealers until you get the deal you want.

    Hello Michaell,

    I could get one dealer to give me the following numbers:
    MSRP: $32,500
    Residual: 56% (18,200)
    Money Factor: .00194
    Selling Price: $31,057
    Kia Lease Cash: $2,500

    Another dealer also gave similar numbers:
    MSRP: $32950
    Selling Price: 31,035
    Kia Lease Cash: $2500

    I'm not sure how to ask about the $4843 lease cash. Could you confirm that it is available for the 2018 Niro EX Hybrid w/ Premium Package?
    Thanks in advance.

    Looks like we gave you the wrong numbers. Those were the numbers for the Plug-In Hybrid

    .00194 MF and 56% residual
    $2500 lease cash

    ...is correct for the EX, 36/12

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  • nickpmdnickpmd Member Posts: 15
    kyfdx said:

    Looks like we gave you the wrong numbers. Those were the numbers for the Plug-In Hybrid

    .00194 MF and 56% residual
    $2500 lease cash

    ...is correct for the EX, 36/12

    Thanks for the clarification.
  • appingaappinga Member Posts: 30
    Can I get the lease numbers for a 2018 Kia Niro Hybrid LX for 24/12k & 15k and 36/12k & 15k for Georgia? The Kia site looks like it is showing $3,500 lease cash for 24 months and $2,600 lease cash for 36 months.
  • kyfdxkyfdx Moderator Posts: 235,200
    appinga said:

    Can I get the lease numbers for a 2018 Kia Niro Hybrid LX for 24/12k & 15k and 36/12k & 15k for Georgia? The Kia site looks like it is showing $3,500 lease cash for 24 months and $2,600 lease cash for 36 months.

    24/12: .00203 MF and 62% residual
    36/12: .00197 MF and 58% residual
    Subtract 2% for 15K/yr

    The Kia site is accurate on lease cash

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  • mcmcmcmc1mcmcmcmc1 Member Posts: 3
    I'm internested in a Kia Niro Plug In Hybrid
    California
    looking at 36 mo / 10,000 miles
    do you know MSRP
    Money Factor
    Kia Lease Cash
    Residual

    To confirm - is the lease cash the amount the manufacturer discounts the MSRP before applying the lease factor?

    Thanks!
  • mcmcmcmc1mcmcmcmc1 Member Posts: 3
    Should have mentioned - EX
  • kyfdxkyfdx Moderator Posts: 235,200
    mcmcmcmc1 said:

    I'm internested in a Kia Niro Plug In Hybrid
    California
    looking at 36 mo / 10,000 miles
    do you know MSRP
    Money Factor
    Kia Lease Cash
    Residual

    To confirm - is the lease cash the amount the manufacturer discounts the MSRP before applying the lease factor?

    Thanks!

    mcmcmcmc1 said:

    Should have mentioned - EX

    .00194 MF and 55% residual
    $4843 lease cash

    The lease cash is a rebate, that is applied as a CAP cost reduction, after you've negotiated a purchase price.

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  • mcmcmcmc1mcmcmcmc1 Member Posts: 3
    Thank you. What do you mean by CAP cost reduction?
  • MichaellMichaell Moderator Posts: 240,145
    mcmcmcmc1 said:

    Thank you. What do you mean by CAP cost reduction?

    Lease-speak for down payment.

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  • mariengbmariengb Member Posts: 15
    Hi!

    Can I get the numbers for the 2018 NIRO LX in PA for 33months / 12k miles. And I'm pretty sure that I read somewhere that you had MF for Tier 1... but I give it a try if I can get the MF for Tier 4 :) it would be great! Thanks
  • MichaellMichaell Moderator Posts: 240,145
    mariengb said:

    Hi!

    Can I get the numbers for the 2018 NIRO LX in PA for 33months / 12k miles. And I'm pretty sure that I read somewhere that you had MF for Tier 1... but I give it a try if I can get the MF for Tier 4 :) it would be great! Thanks

    Gas or Hybrid?

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  • kyfdxkyfdx Moderator Posts: 235,200
    Michaell said:

    mariengb said:

    Hi!

    Can I get the numbers for the 2018 NIRO LX in PA for 33months / 12k miles. And I'm pretty sure that I read somewhere that you had MF for Tier 1... but I give it a try if I can get the MF for Tier 4 :) it would be great! Thanks

    Gas or Hybrid?
    Hybrid or Plug-in Hybrid are your only choices. ;)

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  • MichaellMichaell Moderator Posts: 240,145
    kyfdx said:

    Michaell said:

    mariengb said:

    Hi!

    Can I get the numbers for the 2018 NIRO LX in PA for 33months / 12k miles. And I'm pretty sure that I read somewhere that you had MF for Tier 1... but I give it a try if I can get the MF for Tier 4 :) it would be great! Thanks

    Gas or Hybrid?
    Hybrid or Plug-in Hybrid are your only choices. ;)
    well ..... OK

    Either way, we need to know which so we can provide the right numbers....

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  • kyfdxkyfdx Moderator Posts: 235,200
    mariengb said:

    Hi!

    Can I get the numbers for the 2018 NIRO LX in PA for 33months / 12k miles. And I'm pretty sure that I read somewhere that you had MF for Tier 1... but I give it a try if I can get the MF for Tier 4 :) it would be great! Thanks

    36/12 (we don't show a 33 month term)

    .00197 MF and 58% residual
    $3260 lease cash

    Tier 4: .00227 MF

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  • mariengbmariengb Member Posts: 15
    Hybrid
  • kyfdxkyfdx Moderator Posts: 235,200
    mariengb said:

    Hybrid

    Look above, one post

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  • mariengbmariengb Member Posts: 15
    Thanks !
  • cjc0001cjc0001 Member Posts: 34
    Hi there--I'm looking for RV and MF for a 2018 Niro Touring in South Florida for a 36mo/15k and a 48mo/15k lease. Thanks in advance for the info!!
  • cjc0001cjc0001 Member Posts: 34
    Any available lease incentives would be nice, too!
  • kyfdxkyfdx Moderator Posts: 235,200
    cjc0001 said:

    Hi there--I'm looking for RV and MF for a 2018 Niro Touring in South Florida for a 36mo/15k and a 48mo/15k lease. Thanks in advance for the info!!

    cjc0001 said:

    Any available lease incentives would be nice, too!

    .00195 MF and 54% residual. $3560 lease cash
    .00211 MF and 46% residual. $2580 lease cash

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  • ripenedorangeripenedorange Member Posts: 1
    edited January 2018
    What are the MF, residual and incentives for the Niro PHEV EX Premium in the SF Bay Area for 36/12? Thank you. 
  • MichaellMichaell Moderator Posts: 240,145

    What are the MF, residual and incentives for the Niro PHEV EX Premium in the SF Bay Area for 36/12? Thank you. 
    .00194 and 54%
    $4843 lease cash

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  • tompombetompombe Member Posts: 39
    What are the MF, residual and incentives for the Niro EX in Clevelan, OH? Thank you.
  • tompombetompombe Member Posts: 39
    Sorry, MF, residual and incentives for Niro EX in Cleveland, OH, 36/12. Thank you.
  • MichaellMichaell Moderator Posts: 240,145
    tompombe said:

    Sorry, MF, residual and incentives for Niro EX in Cleveland, OH, 36/12. Thank you.

    .00194 and 56%
    $3160 lease cash

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  • tompombetompombe Member Posts: 39
    Thank you. Do I need to specify hybrid, not plug-in?
  • MichaellMichaell Moderator Posts: 240,145
    tompombe said:

    Thank you. Do I need to specify hybrid, not plug-in?

    I assumed hybrid :smile:

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  • garretbrigarretbri Member Posts: 17
    Hi Michaell. Can you let me know the MF, residual value, and incentives for a 2017 & 2018 Kia Niro FX/LX/EX trims? Hybrid, not plug in. SF Bay Area. 24mo or 36mo 10k lease.
  • MichaellMichaell Moderator Posts: 240,145
    garretbri said:

    Hi Michaell. Can you let me know the MF, residual value, and incentives for a 2017 & 2018 Kia Niro FX/LX/EX trims? Hybrid, not plug in. SF Bay Area. 24mo or 36mo 10k lease.

    I don't see an FX trim for 2018

    24/12 (no 10K for 24 months from Kia) - .00203 and 62% (LX) or 60% (EX).
    $3940 lease cash on LX
    $4140 lease cash on EX

    36/10
    LX - .00197 and 59%; $3260 lease cash
    EX - .00194 and 57%; $3160 lease cash

    2017 Niro thread can be found here:

    https://forums.edmunds.com/discussion/44486/kia/niro/2017-kia-niro-lease-questions#latest

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  • garretbrigarretbri Member Posts: 17

    $3940 lease cash on LX
    $4140 lease cash on EX

    36/10
    LX - .00197 and 59%; $3260 lease cash
    EX - .00194 and 57%; $3160 lease cash

    Thank you Michael. What is lease cash again? Is this extra incentives taken off of the established MSRP?
  • MichaellMichaell Moderator Posts: 240,145
    garretbri said:


    $3940 lease cash on LX
    $4140 lease cash on EX

    36/10
    LX - .00197 and 59%; $3260 lease cash
    EX - .00194 and 57%; $3160 lease cash

    Thank you Michael. What is lease cash again? Is this extra incentives taken off of the established MSRP?

    For Kia, I believe it's a consumer incentive, like a rebate, that has to be disclosed on the paperwork.

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  • tompombetompombe Member Posts: 39
    Here's a 1st offer for NE Ohio:
    2018 Kia Niro LX hybrid
    MSRP 24,625
    Discount  -1,347
    Selling price  23,267
    Doc prep fee  250
    License/Title  99.50
    Acquisition fee  650.00
    Tax on Collected Items  1,021.86
    Capitalized Initial Fees  295.81
    Total Cap  25,595.17
    Rebate Savings  -3,260.00
    Net Cap  22,335.17

    36 Month Payment  295.81

    Capitalized Initial Fees
    1st Payment  295.81
    Due on Delivery  0.00

    Rate  0.00197
    Miles  12,000
    Residual  58%
    Residual Value  14,282.50

    Tax  8.0%

    To me, the problem is the discount is way too low, only 4%. 

    I would appreciate any thoughts.
    Thank you.
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