Completely nuts! Why would you pay $3.5k over sticker to get rid of $2k charge for overmileage? There are so many nicer cars, including 3rd row SUV to lease for $550/mo. Not to mention taking a 48 months lease is essentially going against the idea of the lease itself where you drive a “new” car for the fraction of a purchase cost.
How is it even possible that anybody is going to buy a Kia 18% over sticker?
Agreed. These should lease in mid to high 400’s for SX. - I have a $57k Jeep GC for less than these prices ,and I would never go longer than 36 months .
People are buying them over sticker, which is why Kia dealers can continue their nonsense. And 3 other dealers told me that they themselves couldn’t beat the quote I got on the EX- lol!
If I can’t get a good deal on a 2019 sorento, I’ll buy out my 2016 lease and just wait a few mos. This is my 4th lease and I’ve never been over mileage, so it’s new territory for me.
Just make sure your buy out is not more than market.
KBB values it at 19933
Payoff before dealer fees and taxes is around 23000
Are you planning on paying 23k+ for a 19k dollar car?
For those who want to wait a few months for the hype to die down - Kia has an amazing program for extending leases up to 6 months. In 5 minutes on the phone, you can extend the lease to a month by month for the same monthly pmts and same monthly mileage (taxes extra depending on where you live). Great customer service experience. Seriously.
I am actually doing that currently with my wife’s current Kia. It really was just a short phone call and a single email for a digital signature.
second to that. Extended my 24-mo lease for another 6 mo, paid NJ tax , mileage pro-rated.
Hyundai Financial is the same. Will extend lease month to month same mileage same payment + current tax
Just saw this lease offer on a Telluride at local Kia dealer in Texas. Ended today, but there should be more.
Offer only valid 3/06/2019 through 4/30/2019
Closed-end lease based on new 2020 Telluride (Model J4222 LX Auto. Trans.) subject to credit approval, dealer participation, and vehicle availability. Offer shown based on $3,499 due at lease signing including $299 first monthly payment, $2,550 capitalized cost reduction, $650 acquisition fee, plus tax, title, license and registration fees, dealer conveyance fee, processing fee or optional service fee and any emission testing charge. No security deposit required. Offer shown total lease payments are $13,964. Actual payments may vary. Purchase option at lease-end for offer shown of residual value of $21,932.45. Lessee is responsible for insurance, maintenance, repairs, $.20 per mile over 12,000 miles/year, excess wear, and a $400 termination fee*. Lease offer applies to Telluride FWD LX AT (MSRP $32,735, includes freight, and excludes taxes, title, license, additional options and retailer charges). Actual prices set by dealer. Must take delivery from retail stock by 4/30/2019 . Dealer contribution may vary and could affect actual lease payment. See dealer for warranty and lease details or go to kia.com.
After all that, you’re looking at close to $6k DAS.
Thats the LX and I am guessing not the AWD which is a 2k option, needless to say if you want to be the 1st one to own one then you will pay the extra money and keep long after the people that wait a year get it at Kia’s yearly dump fest. Last year a guy up here told me he could get the Sorento SX in the low 30 k range one state over, so just wait and also when the new Hyundai comes out which is pretty much the same car, except it has a digital display the Kia will drop down in price, that or gas prices keep going going up all the large SUV’s sales dump and in Nor Cal the price is around 4.25 a gal right now
True.
We owned a Sorento and a Camry.
Now own a plug-in Clarity and Camry.
The amount we save each week on gas with Clarity just blows my mind.
On the fence about buying a 30k$ suv.
Today’s gas at Chevron was 4.28 in Socal too.
I seen one the the other day someone had just bought i wasn’t that impressed.
Hi, what is the MF, residual and lease or loyalty credits (if any) for 2019 Kia Telluride S, 36/12,500, 43209
That’s the one piece of info you need to get from Edmunds forums
Just got an EX FWD MSRP 41,540
499$ per month + Tax, 2500$ (1st mo, bank, dmv). 36/12.
Good deal or terrible deal?
Need more details. Unless the RV is just plain crap on this vehicle though, it seems like you could have done better.
I test drove one and really liked it. Still have some time on my old Hyundai Sonata lease, but I got my eye on the Telluride for my next. When do people expect for these to start getting discounted? My closest dealer only had 1 on stock and it was the S trim.