6000+2000+2250+500=10,750
Omg nice incentives.
So for a 24 month lease there’s another $1500 available? Wow.
Does anyone know if KIA allows you to extend a lease toward the end of the lease?
I know Honda does allow up to a 12 month extension, I’ve had (2) Honda 3yr-12k leases and extended both by 12mos and increased the mileage by another 12k.
I’m wondering if you could lease a Sorento for 24mos, get the $7500 incentive and extend it to 3yr lease after the fact.
I’m curious @levi, where did you get this screenshot? Is it from edmunds.com or some place like that? I’d like to be able to access this information myself 
Thanks.
I know all about these cars having nearly just got one. Hey the 2017 as the 2018s are coming and don’t have the rebates. A good deal on one of these will be standard drive offs of $2k (lots of tax on the rebate) and $389 inc tax on a 36/12k. I only found one dealer willing to do this. All others were at about $430.
Incentive info: http://www.autobytel.com/kia/sorento/2017/incentives
props to @chrispbacon. Which sites do you use to do research? (Updated 08/10/17 Alt Lease Calc) [Library]
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Yes, they allow you to extend up to 6 months on a month to month basis. You also receive 1/12 of your allotted mileage for each month you extend.
Dealer cash is a dealer incentive. Retail bonus cash is probably for purchase. I think only the 7500 is the probable rebate unless dealer decides to pass his all rebate to you.
This is correct…
anyone have the final say on what of these is stackable on a lease? assume the dealer, customer, and lease cash?
Looks the same except for 24 months has an extra $500.
Nothing stacks for a lease, it is just the bottom line.
You seem really knowledgeable and I am new to this forum. Not sure my numbers compare since I am in Charlotte, NC but I am looking a 2017 SXL FWD with an inventory MSRP of $44,795 for the lease calc. MF .000310 RV 50%=$22,397 on 10K miles but they are quoting me $478 with no money down for 36/12 (47% RV). To purchase they came in at $39,300. This is no where near the $389 you mentioned but I wasn’t sure that was for loaded SXL.
Hi, it was a loaded SXL I was looking at. It seems the residual is odd, if it is 50% for 36/10 then it will be 49% for 36/12. It seem they have given you the 36/15 residual of 47%.
What is your sale price before rebates?
I am not sure now because I am not there and I just have original disclosure before I started negotiating it. They claim they were using $39,300 buy price then added $3,000 buy incentive back and took $6,000 lease rebate off for a price of $36,300 but that doesn’t work since that would yield about a $416 payment including 3% tax here.
Based on prior disclosure I probably have to add $899 Doc fee, $595 Acquisition Fee and tax on cap cost reduction of $217.32 which brings calc to a total of about $465 which is still way higher than yours.
Well you should be buying that car for 10% off before any rebates. Then apply the $6,000 rebate, you sale price should be closer to $34,000 with rebates.
Really? I figured closer to $35,000 since Edmunds, KBB and Truecar on Consumer Reports had price between $41,200-$41,700 before the $3,000 buying incentive which doesn’t apply with the $6,000 lease rebate. I know these are not always bottom line prices though but another $1,200-$1,700 lower seemed tough. I assume if I buy I cannot add other rebates to the $3,000 like college grad for $400? Also, wouldn’t $8,000 lease rebate for 2 years likely be better deal? Just saw that but don’t have RV and MF yet. Last question: Do you like the car? Thanks!
Don’t know about the 8k rebate, was 7.5k when I was doing the deal. The math is simple. 10% discount then remove the $6k rebate. That gets you to about $34k does it not?
I was able to get 10% from a few dealers although most bottomed out at 6-7%
Is that $34,000 including $899 Doc fee and $595 Acquisition fee?