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2022 Kia K5 Lease Deals and Prices

SteelerPhanSteelerPhan Member Posts: 14
edited June 2021 in Kia
Does anyone know the residual value and money factor in south Florida for a 2022 Kia K5 GT Line and EX (FWD) at 3 years 12,000 miles?
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Comments

  • kyfdxkyfdx Moderator Posts: 236,830

    Does anyone know the residual value and money factor in south Florida for a 2022 Kia K5 GT Line and EX (FWD) at 3 years 12,000 miles?

    No info on 2022 models, yet.

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  • SteelerPhanSteelerPhan Member Posts: 14
    edited June 2021
    I've been to three dealerships. Each quoted me a Residual Value on the '22 FWD GT-Line of 65% (3/36 south Florida), but won't give out the Money Factor and are adding between $1,450 and $1,999 to the sticker price ... and ... will ... not ... budge. I told the last salesman that adding $1,500 to the sticker price was a non-starter. He very politely said he understood and explained that if I don't pay it, in about an hour someone is going to come along who will. I guess it's going to take a few months before you can make a reasonable deal on the new K5.
  • kyfdxkyfdx Moderator Posts: 236,830

    I've been to three dealerships. Each quoted me a Residual Value on the '22 FWD GT-Line of 65% (3/36 south Florida), but won't give out the Money Factor and are adding between $1,450 and $1,999 to the sticker price ... and ... will ... not ... budge. I told the last salesman that adding $1,500 to the sticker price was a non-starter. He very politely said he understood and explained that if I don't pay it, in about an hour someone is going to come along who will. I guess it's going to take a few months before you can make a reasonable deal on the new K5.

    Well, at least they are honest about it

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  • Looking for MF, residual, and incentives on a GT with the options package in 29910 and 20148. 36/12 please!

  • MichaellMichaell Moderator Posts: 241,012
    theejpp said:

    Looking for MF, residual, and incentives on a GT with the options package in 29910 and 20148. 36/12 please!

    No information on the 2022 K5, this month.

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  • Michaell said:

    theejpp said:

    Looking for MF, residual, and incentives on a GT with the options package in 29910 and 20148. 36/12 please!

    No information on the 2022 K5, this month.
    Ahh, okay. No worries! Thanks
  • Sanchit_gupta_19Sanchit_gupta_19 Member Posts: 5
    I am looking at 2022 Kia K5 EX trim in white. I am located at 92126 zip code. The image below is the monthly price that the dealer quoted to me. Where do you think I can negotiate other than the selling price. The MF they are giving me is 0.00109.



    Thanks
  • MichaellMichaell Moderator Posts: 241,012

    I am looking at 2022 Kia K5 EX trim in white. I am located at 92126 zip code. The image below is the monthly price that the dealer quoted to me. Where do you think I can negotiate other than the selling price. The MF they are giving me is 0.00109.



    Thanks

    We don't have the lease program information for the 2022 K5, so we aren't able to evaluate the quote you've been given.

    On the surface, it does seem expensive.

    Your only levers are the MF (if it's been marked up, which we can't tell you), or the selling price.

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  • Fern95Fern95 Member Posts: 24

    Looking for MF, RV, and incentives for 2022 K5 GT in 60506 for 36/10k, 36/12k, and 36/15k please and thank you

  • MichaellMichaell Moderator Posts: 241,012
    Fern95 said:

    Looking for MF, RV, and incentives for 2022 K5 GT in 60506 for 36/10k, 36/12k, and 36/15k please and thank you

    36/15
    .00123 MF and 61% RV
    $330 lease cash

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  • missouriguymissouriguy Member Posts: 19

    Can you provide Rebates, MF and Residual for 2022 K5 EX, 36/10, zip code 64801?
    thanks!

  • MichaellMichaell Moderator Posts: 241,012

    Can you provide Rebates, MF and Residual for 2022 K5 EX, 36/10, zip code 64801?

    thanks!

    .00109 MF and 65% residual
    No incentives

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  • merlion0821merlion0821 Member Posts: 143
    Could I please get the MF, residual, and incentives for zip 44060 on the GT-Line AWD 36/12 term. And I assume the 36/15 term would be a 2% lower residual? Thanks!
  • MichaellMichaell Moderator Posts: 241,012

    Could I please get the MF, residual, and incentives for zip 44060 on the GT-Line AWD 36/12 term. And I assume the 36/15 term would be a 2% lower residual? Thanks!

    .00120 and 65%
    $330 lease cash

    Yes, -2% for 15K

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  • Or_OrenOr_Oren Member Posts: 21
    Could I please get the MF, Residual, and incentives for zip 30022 on the K5 LXS FWD 36/10 term
  • kyfdxkyfdx Moderator Posts: 236,830
    Or_Oren said:

    Could I please get the MF, Residual, and incentives for zip 30022 on the K5 LXS FWD 36/10 term

    .00113 MF and 65% residual
    $300 lease cash

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  • Cheche33Cheche33 Member Posts: 4

    Looking for MF, RV, and incentives for 2022 K5 GT in 89106 for 36/10k and 36/12k please and thank you

  • MichaellMichaell Moderator Posts: 241,012
    Cheche33 said:

    Looking for MF, RV, and incentives for 2022 K5 GT in 89106 for 36/10k and 36/12k please and thank you

    36/12
    .00123 MF
    63% RV
    No incentives

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  • imarwanimarwan Member Posts: 6
    Looking for MF, RV, and incentives for 2022 K5 GT-Line FWS in 60616 for 36/10k and 36/12k please and thank you
  • kyfdxkyfdx Moderator Posts: 236,830
    imarwan said:

    Looking for MF, RV, and incentives for 2022 K5 GT-Line FWS in 60616 for 36/10k and 36/12k please and thank you

    36/12
    .00118 MF and 65% residual
    $330 lease cash

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  • bocaj1234bocaj1234 Member Posts: 8

    Hi, could I please have MF, residual, incentives for a 2022 GT-Line and also a 2022 GT1 - zip code 85382 - 36 months/15k a year

  • kyfdxkyfdx Moderator Posts: 236,830
    bocaj1234 said:

    Hi, could I please have MF, residual, incentives for a 2022 GT-Line and also a 2022 GT1 - zip code 85382 - 36 months/15k a year

    RWD or AWD?

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  • bocaj1234bocaj1234 Member Posts: 8

    @kyfdx said:
    RWD or AWD?

    The GT-Line is AWD and then the GT is FWD

  • MichaellMichaell Moderator Posts: 241,012
    bocaj1234 said:

    Hi, could I please have MF, residual, incentives for a 2022 GT-Line and also a 2022 GT1 - zip code 85382 - 36 months/15k a year

    bocaj1234 said:

    @kyfdx said:

    RWD or AWD?

    The GT-Line is AWD and then the GT is FWD


    GT - .00123 and 61%
    GTL - .00120 and 63%
    No incentives

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  • Rich98754Rich98754 Member Posts: 5

    Good Afternoon, may I please have the residual/money factor/incentives for the GT with GT package 12k/36 for 33549?

  • MichaellMichaell Moderator Posts: 241,012
    Rich98754 said:

    Good Afternoon, may I please have the residual/money factor/incentives for the GT with GT package 12k/36 for 33549?

    .00123 MF and 63% residual
    $330 lease cash

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  • hippoegghippoegg Member Posts: 1
    Hello! May I please get the MF/Residual/Incentives for the LXS FWD and GT-Line FWD with no package 36/10 and 36/12 for 93036? Thank you!
  • MichaellMichaell Moderator Posts: 241,012
    hippoegg said:

    Hello! May I please get the MF/Residual/Incentives for the LXS FWD and GT-Line FWD with no package 36/10 and 36/12 for 93036? Thank you!

    36/12
    GTL - .00118 and 65%; $330 lease cash
    LXS - .00113 and 64%; $630 lease cash

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  • godzilla112godzilla112 Member Posts: 7
    Can I get MF/RV/Incentives for EX FWD 36/10 for 07650
  • MichaellMichaell Moderator Posts: 241,012

    Can I get MF/RV/Incentives for EX FWD 36/10 for 07650

    .00109 and 65%
    $330 lease cash

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  • godzilla112godzilla112 Member Posts: 7
    Can I get MF/RV/Incentives for GT-Line AWD 36/10k for 07657
  • kyfdxkyfdx Moderator Posts: 236,830

    Can I get MF/RV/Incentives for GT-Line AWD 36/10k for 07657

    .00120 MF and 66% residual
    $330 lease cash

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  • francistfrancist Member Posts: 6
    Hi, can I get MF/RV/Incentives on a 2022 K5 GT FWD in Grey? 36/12k zip code 92840
  • MichaellMichaell Moderator Posts: 241,012
    francist said:

    Hi, can I get MF/RV/Incentives on a 2022 K5 GT FWD in Grey? 36/12k zip code 92840

    .00123 MF and 63% RV
    $330 lease cash

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  • bocaj1234bocaj1234 Member Posts: 8

    @bocaj1234 said:
    Hi, could I please have MF, residual, incentives for a 2022 GT-Line and also a 2022 GT1 - zip code 85382 - 36 months/15k a year

    Do any of these factors change based on the zip-code 85379?

  • MichaellMichaell Moderator Posts: 241,012
    bocaj1234 said:

    @bocaj1234 said:

    Hi, could I please have MF, residual, incentives for a 2022 GT-Line and also a 2022 GT1 - zip code 85382 - 36 months/15k a year

    Do any of these factors change based on the zip-code 85379?


    No

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  • DG153DG153 Member Posts: 2
    Hi all. I am not really good with math and I always get different numbers when trying to plug in numbers into lease calculators. What I am trying to determine is, what selling price I should aim for to get $330 price range (if it is even possible) for a lease on Kia GT line FWD with Premium package (MSRP - $28,885). Assuming I want to put all taxes and fees into the payments so only first month payment up front. Zip code 07751 . I believe NJ sales tax is 6.625%. 36 month, 10K per year. With these assumptions, is it possible to re-engineer the selling price of the car? I think the Money Factor, Residual value and rebates are known for this specific term/trim/zip code?

    Thanks!
  • MichaellMichaell Moderator Posts: 241,012
    DG153 said:

    Hi all. I am not really good with math and I always get different numbers when trying to plug in numbers into lease calculators. What I am trying to determine is, what selling price I should aim for to get $330 price range (if it is even possible) for a lease on Kia GT line FWD with Premium package (MSRP - $28,885). Assuming I want to put all taxes and fees into the payments so only first month payment up front. Zip code 07751 . I believe NJ sales tax is 6.625%. 36 month, 10K per year. With these assumptions, is it possible to re-engineer the selling price of the car? I think the Money Factor, Residual value and rebates are known for this specific term/trim/zip code?

    Thanks!

    .00118 MF and 66% RV
    $330 lease cash

    To get $330/mo on a $28,885 MSRP, the cap cost (with all taxes and fees rolled in) would have to be around $29,000.

    I don't think that will be possible with the current market conditions.

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  • DG153DG153 Member Posts: 2
    Thank you, it means that I would need to get at least 2K off MSRP as a selling price in order to get to $29K to get $330 a month... I guess this is not the good time to get a new car for me..
  • MichaellMichaell Moderator Posts: 241,012
    DG153 said:

    Thank you, it means that I would need to get at least 2K off MSRP as a selling price in order to get to $29K to get $330 a month... I guess this is not the good time to get a new car for me..

    It's not a good time to get a new car ... for anybody.

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  • brianirlbrianirl Member Posts: 4
    Hi, can I get MF/RV/Incentives on a 2022 K5 GT AWD? 36/10k zip code 98122
  • MichaellMichaell Moderator Posts: 241,012
    brianirl said:

    Hi, can I get MF/RV/Incentives on a 2022 K5 GT AWD? 36/10k zip code 98122

    GT is FWD only.

    .00123 and 64%
    No incentives

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  • wlstjr2181wlstjr2181 Member Posts: 5
    Hi, Can I get MF/RV/Incentives on 2022 K5 GT-line AWD 36/10k zip 08540?
  • MichaellMichaell Moderator Posts: 241,012

    Hi, Can I get MF/RV/Incentives on 2022 K5 GT-line AWD 36/10k zip 08540?

    .00120 MF and 66% RV
    $330 lease cash

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  • gmed101gmed101 Member Posts: 6
    Can I get MF/RV/Incentives on a 2022 K5 GT w/ GT1 package 36/10 in Zip 48033?
  • MichaellMichaell Moderator Posts: 241,012
    gmed101 said:

    Can I get MF/RV/Incentives on a 2022 K5 GT w/ GT1 package 36/10 in Zip 48033?

    .00123 MF and 64% RV
    $330 lease cash

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  • supadrensupadren Member Posts: 10
    Can I please have the MF/RV/Incentives for 2022 Kia K5 LX 36/10 for 78665? Thank you.
  • kyfdxkyfdx Moderator Posts: 236,830
    supadren said:

    Can I please have the MF/RV/Incentives for 2022 Kia K5 LX 36/10 for 78665? Thank you.

    No lease programs for the LX trim

    Do you want LXS? If so, FWD or AWD?

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  • supadrensupadren Member Posts: 10
    kyfdx said:

    supadren said:

    Can I please have the MF/RV/Incentives for 2022 Kia K5 LX 36/10 for 78665? Thank you.

    No lease programs for the LX trim

    Do you want LXS? If so, FWD or AWD?
    yes please
  • kyfdxkyfdx Moderator Posts: 236,830
    supadren said:

    kyfdx said:

    supadren said:

    Can I please have the MF/RV/Incentives for 2022 Kia K5 LX 36/10 for 78665? Thank you.

    No lease programs for the LX trim

    Do you want LXS? If so, FWD or AWD?
    yes please
    FWD or AWD?

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