Sorento

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2012 Kia Lease Rates – January 2012

Published by G

Okay, I will say it…”Kia has officially entered the leasing world.” I’ve been keeping an eye on Kia leases over the last six months or so and it seems like Kia is legitimately trying to make their leases affordable enough to compete with the best brands. Hyundai was doing it for the better part of last year with the Sonata, but Kia seems to be pushing the Optima into our world more consistently now. Sure, the Optima EX Turbo lease is still not as good as the Sonata SE Turbo, but it’s getting pretty darn close.

I am a bit weary of the “high” MFs though. There is cash to offset it so it makes the lease reasonable. Hyundai is doing the same thing. What worries me is what happens AFTER the cash is pulled away. Will they lower the MF enough to keep the lease around the same ballpark? One has to wonder.


Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

2012 Kia Optima EX Turbo
MSRP – $25,850
Sale Price – $22,955 ($1000 lease cash applied)
Monthly – $285+ tax
RWG Rating – 90.1

Support my site by getting your “no obligation” quotes from:
Edmunds.com
CarsDirect.com


2012 Kia Optima EX Turbo
36 Month – Residual 56% of MSRP – .00133 Base Rate

2012 Kia Optima SX
36 Month – Residual 53% of MSRP – .00090 Base Rate

2012 Kia Optima EX
39 Month – Residual 55% of MSRP – .00095 Base Rate

2012 Kia Sorento EX AWD
36 Month – Residual 52% of MSRP – .00166 Base Rate

2012 Kia Sportage EX AWD
36 Month – Residual 54% of MSRP – .00205 Base Rate

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2012 Kia Lease Rates – November 2011

Published by G

The Optima looks solid this month. Not as good as the Sonata, but still quite decent. There is supposed to be a $1000 incentive for it, but as I looked over Edmunds, I didn’t see any 2012 models listed. I also looked over the 2011 models and found multiple $1000 incentives, but nothing about being able to use it on leases. I would recommend speaking to your dealer about this in order to clarify what incentives apply to the 2012 Optima. You can see a sample calculation below on what the Optima looks like with and without the $1000 incentive.


Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

2012 Kia Optima EX
MSRP – $23,950
Sale Price – $22,367
Monthly – $289+ tax
RWG Rating – 84.7

2012 Kia Optima EX
MSRP – $23,950
Sale Price – $21,367 ($1000 incentive applied)
Monthly – $260+ tax
RWG Rating – 91.2

Support my site by getting your “no obligation” quotes from:
TrueCar.com
Yahoo! Autos


2012 Kia Optima LX
36-month | 15k miles | residual 58% | .00127 base money factor

2012 Kia Optima EX
36-month | 15k miles | residual 57% | .00130 base money factor

2012 Kia Optima SX
36-month | 15k miles | residual 54% | .00108 base money factor

2012 Kia Sorento EX V6 AWD
36-month | 15k miles | residual 54% | .00206 base money factor

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2011 Kia Lease Rates – May 2011

Published by G

Kia residuals, as expected, aren’t very high. However, cash incentives and reasonable money factors make them a decent lease. I personally prefer the Sonata over the Optima due to its more refined cabin. But the exterior styling of the Optima speaks volumes as to how much Kia has progress in the past few years. The lease cash ends 7/5, so if you are looking for a Kia Optima, now isn’t a bad time to start shopping.


Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

2011 Kia Optima EX
MSRP – $23,190
Sale Price – $20,425 ($1500 lease cash applied)
Monthly – $266+ tax
RWG Rating – 87.7

For Dealer Quotes, CLICK HERE.

2011 Kia Optima EX ($1,500 cash incentive)
36-month | 15k miles | residual 50% | .00065 base money factor

2011 Kia Sorento AWD LX I4 ($1,500 cash incentive)
36-month | 15k miles | residual 50% | .00094 base money factor