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Kia Sorento Lease Questions

130 messages,  Last post on Apr 25, 2013 at 8:02 PM

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What is this discussion about? Kia Sorento, Car Buying, Car Leasing, SUV

Messages Page 11 of 14

#97 of 130 Re: Car Man [sephrath] by Car_man HOST

Feb 07, 2012 (6:05 pm)

Replying to: sephrath (Feb 02, 2012 6:28 pm)
Hi sephrath. Kia Financial Services' February buy rate lease money factor and residual value for a 36-month lease of a 2012 Sorento SX V6 AWD with 12,000 miles per year are .00156 and 51%, respectively for consumers who qualify for its top credit tier.
 
When negotiating your deal on this truck, make sure to take advantage of the $1,000 cash incentive that is currently available on leases of it.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#98 of 130 Re: 2012 Sorento EX V6 FWD [soroka24] by Car_man HOST

Feb 07, 2012 (6:14 pm)

Replying to: soroka24 (Feb 07, 2012 3:53 am)
What you were told is indeed correct, soroka24.
 
Kia Financial Services' current buy rate lease money factor and residual value for a 39-month lease of a 2012 Sorento EX V6 FWD with 12,000 miles per year are .00181 and 53%, respectively for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#99 of 130 2012 Kia Sorento Lease by review1000

Feb 26, 2012 (7:48 pm)

Looking to see what is wrong when I walked into the dealer, he changed his word of what we talked about on the phone.
we talked to get me at 220 a month with taxes included.
So to say it was 24,500 MSRP, 20,500 fac invoice. 54% residual. 39 month. 12K miles.
3,000 down and that covers all, ALL, Fees tax, title, license, reg, doc fees +.
Walked in and the dealer first said we will sell you the only one we have in our lot instead of what you are asking for. I said WHAT!!!. then I said show me the worksheet. now he had me paying 229 a month and 3,200 down and that didnt even cover ANYTHING, and just to make the monthly payment to 220.00 a month. Not only did he go against his word, but said and talked about how all other dealer ship do that and he is straight forward and never changes what he said. They are now getting a bad dealer rating. Please tell me if it was a good deal to find somewhere else.

#100 of 130 Re: 2012 I4 AWD EX by danny14

Mar 26, 2012 (2:25 pm)

Replying to: Car_man (Jan 10, 2012 5:32 pm)
Could you please refresh the residuals and money factors for 36k miles/3-year lease of a 2012 I4 AWD EX with Premium Plus Package? Please, also indicate what special offers and cash incentives are applicable/combineable to/with this lease. The purchase will be made in Northern Virginia/Washington DC metro area. Thanks in advance for the help.

#101 of 130 April rates on Kia Sorento by patwhite

Apr 16, 2012 (9:31 am)

Hello, do you have the residuals and money factors for April? Wife is looking at the 2012 Sorento EX V6 with the premium package and 12K mile per year. We're in the Raleigh NC area. Thanks!

#102 of 130 Re: April rates on Kia Sorento [patwhite] by Car_man HOST

Apr 23, 2012 (4:28 pm)

Replying to: patwhite (Apr 16, 2012 9:31 am)
I certainly do patwhite. Kia Financial Services' April buy rate lease money factor and residual value for a 36-month lease of a 2012 Sorento EX V6 with 12,000 miles per year are .00105 and 53%, respectively for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#103 of 130 Negotiating a lease by azdogmama

Jul 15, 2012 (8:13 am)

My husband and I currently trying to negotiate a lease on a 2013 Sorento LX basic package. We've had trouble getting information from the salesman we're dealing with, and since this is our first time leasing, I was wondering if anyone had any tips. Although we've asked him twice now for the money factor and residual value, he's hemmed and hawed and said he'd have to get that for us, then never calls back. We walked out of initial negotiation on Friday because we had to leave, and they weren't coming close on the payment I want. We're trying to negotiate no out of pocket, out the door $300 max total monthly payment, 12k miles per year, 36 month lease, excellent credit for both of us. Am I way off base here?

#104 of 130 2013 EX 4 cyl w/ premium plus package by bsyah

Oct 03, 2012 (7:16 am)

Carman
 
Hi, Do you have the money factor and residual for 2013 Sorento EX 4 cyl w/ premium plus package for 36 month/15,000 miles. Tier 1 credit. Also are there current incentives? Not sure if if matters but this is Western NY
 
Thanks

#105 of 130 Re: 2013 EX 4 cyl w/ premium plus package [bsyah] by Car_man HOST

Oct 08, 2012 (4:03 pm)

Replying to: bsyah (Oct 03, 2012 7:16 am)
Yes I do, bsyah. Kia Financial Services' October buy rate lease money factor and residual value for a 36-month lease of a 2013 Sorento EX 4-cylinder with 15,000 miles per year are .00117 and 57%, respectively for consumers who qualify for its top credit tier.
 
In your state, New York, I believe that there is currently a $1,500 cash incentive on leases of this vehicle.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#106 of 130 Money factor 2013 LX V6 Sorento by jackadamia

Oct 16, 2012 (5:13 pm)

I was looking to lease a 2013 LX V6 Sorento. I asked for the MSRP, the net capitalized price, the residual value and the money factor and was told $28,325, $25,500. $16,428 (58%) and .00059 for top credit tier. Then the payments were disclosed as 36 payments of $378 with zero down. So I did the math, and using those inputs, the payment should be a lot lower. Upon questioning, the sales person said to add in $595 acquisition fee and $48 registration fee. Again, the numbers came out different so another Q & A sesssion with the salesperson. The response, "oh my mistake - the money factor is really supposed to be .00172 for that model". Anyway, I again did the calculations, including state sales tax on each payment, and although the payment matched using that factor, with zero down it included capitalizing the first payment of $378 (cap cost has to be $25,500 + $595 acq. + $48 title + $378 1st payment for these numbers to work right). Another "oops" from the sales person.
Anyway, at this point, I am not sure if I should do business with this dealer, as I think maybe they are hoping to disclose one set of terms and deliver another. Second, I would like to know, for October delivery, what are the correct residual and money factor for a 2013 Sorento SXV6. Thanks!

Messages Page 11 of 14

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