Hi All,
Wanted to understand if the deal I got is a good one, this is the first time I am leasing so this might be a newbie question.
36months / 10000
I believe there is a $5500 lease cash
$1500/down $295/monht
Fees& Taxes:
Tax - $1553.64
Motor Vihicle (registration) - $317 (we live in NJ)
Acq Fee - $595
The fees seemed a little high but I new to leasing so not sure how to benchmark those.
thanks
Hey, what was the MSRP and sell price of the car? And did it have the tech package?
There’s plenty of other threads on the Sorento that you should read thru to make your own judgments. My gut instinct is you could have gotten a better deal.
https://forum.leasehackr.com/search?q=sorento%20sx%20awd%20order%3Alatest_topic
If it has Advance Tech package, $337 with ~$1500 drive-off is excellent deal. I would definitely would like to see the breakdown…
I bought last week in NJ for $369 (including taxes) $1500 drive-off and $0 down fully loaded SX V6 AWD.
MSRP - $43,950 and got it down to 11% + $5500 incentives… 36/12000miles lease
it’s without the adv. tech package and MSRP was $41,300 and the selling price is the
MSRP - $5500 incentive which is $35,800.
This is without the Tech package, and based on the replies I understand this is not the best deal. I don’t know if the fact that I don’t trade in anything and that’s my first car is affecting the price.
If you like $369 and $1500 drive off lemme know I can pm u the dealer and sales manager…
Sorento SX w/advance pkg
That’s a terrible deal. When you purchased cars in the past, did you always pay MSRP?
nope, but I never purchased or leased in the US so I thought the $5500 KIA rebate is a good start wasn’t sure if I can negotiate on top of that.
You might benefit from using a broker. @Benedetto can help with this if you’re interested.
Read the many Sorento threads on here. I believe the target price is 10% off MSRP before incentives.