I will stay away from the dealership as they are not transparent. As much I insist to give me the breakdown of my drive off ($1500) they are not revealing anything and finally today they said its towards capital reduction!. They rolled all the typical fees into my monthly pymt. All they insist is $1500 and $400.
Absolutely confusing on what the math is…Thanks for the advise all!
If that’s for an SX, then the incentive is $5,500. That means you’re only getting a discount of $2,813, maximum. If it were me I’d go elsewhere. I hate, hate, hate, when dealers try to make offers look good by concealing or screwing with numbers.
($35,637 + $5,500 is the real sales price of $41.137. Therefor $43,950 - $41,137 = $2,813)
Just took my SX V6 with tech package home yesterday, here are my numbers in NC:
2017 Sorento SX V6 FWD with Technology Package
MSRP: 42,095
Sales Price: 37,095
Kia Lease Cash: 5,500
OTD: $1600 (First month payment, reg and doc fee, tax on lease cash and acq fee)
Term: 36/12
Residual: 52%
MF: .00100
Monthly payment w/ 3% state tax: $340
This was my first lease ever, been doing a ton of homework on the forum so thanks to everyone for all of the information. Really happy with the deal and very happy with the car. Thanks OP for posting your SX paperwork from OR, was really helpful in getting this done!
