How Much To Lease A Kia Telluride: The Truth Behind The Numbers

If you’re in the market for a spacious, comfortable, and stylish SUV, consider the Kia Telluride.

Renowned in its class, the Telluride boasts a potent engine, smooth ride, and an array of cutting-edge features.

However, purchasing a new Telluride can be pricey, particularly with the higher trim options.

That’s where leasing a Kia Telluride comes into play. Leasing offers the opportunity to enjoy a brand-new Telluride at a more affordable monthly rate compared to buying.

Moreover, at the lease term’s end, you can return the vehicle and opt for a new one.

An image of Kia telluride
Renowned in its class, the Telluride boasts a potent engine, smooth ride, and an array of cutting-edge features.

Kia Telluride lease deals and specials

Kia Telluride is a popular SUV that offers a spacious, comfortable, and stylish ride.

If you are interested in leasing a Kia Telluride, you might want to check out some of the best lease deals and specials available near you.

According to the web search results from my tool, some of the websites that offer Kia Telluride lease deals and specials are:

  • Edmunds: This website provides a list of Kia Telluride lease deals from dealers across the country, along with the estimated monthly payment, down payment, and lease term. You can also compare different trim levels and features, and use the lease payment calculator to customize your lease offer.
  • Kia: This is the official website of Kia, where you can find the latest offers and incentives for Kia models, including the Telluride. You can also browse the inventory of Kia dealers near you, and request a quote or schedule a test drive online.
  • Kia Telluride: This is the dedicated website for the Kia Telluride, where you can learn more about the SUV’s performance, design, technology, and safety. You can also build and price your own Telluride, and find a dealer near you.

 

Kia Telluride lease payment calculator

An infographic of Kia Telluride lease payment calculator
An infographic of Kia Telluride lease payment calculator

A Kia Telluride lease payment calculator is a tool that can help you estimate how much you would pay monthly to lease a Kia Telluride, based on various factors such as the price of the vehicle, the lease term, the down payment, the residual value, the interest rate, and the sales tax.

You can use a lease payment calculator to compare different lease offers, adjust your budget, and find the best deal for you.

There are several websites that offer Kia Telluride lease payment calculators, such as EdmundsU.S. News & World Report, and CarEdge.

These websites allow you to enter the details of your desired Kia Telluride, such as the trim level, the features, the color, and the location, and then calculate the estimated monthly payment for you.

You can also change the variables of the lease, such as the lease term, the down payment, the residual value, the interest rate, and the sales tax, and see how they affect the payment.

Using a Kia Telluride lease payment calculator can help you make an informed decision when leasing a Kia Telluride.

However, you should always verify the accuracy of the calculator with the actual lease offer from the dealer or the lender, as there may be differences in the fees, incentives, and discounts.

Leasing a Kia Telluride can be a great option for you if you want to enjoy its benefits without paying the full price. I hope this helps you with your article.

Kia Telluride lease vs buy comparison

Deciding between leasing and buying a Kia Telluride hinges on your individual preferences, financial situation, and driving habits. Each option offers distinct pros and cons, necessitating careful consideration before making a decision. Here are key factors to weigh:

  1. Cost: Leasing typically entails lower monthly payments compared to buying since you’re only covering the vehicle’s depreciation during the lease term. However, leasing comes with fees like the down payment, mileage limit, lease-end charges, and potential penalties for early termination or excessive wear. Buying involves higher monthly payments as you’re financing the full vehicle price plus interest. Yet, it provides greater flexibility, allowing modifications, selling, or trading the vehicle anytime.
  2. Ownership: Leasing means you’re essentially renting the Kia Telluride for a set duration without owning it outright. You can choose to return, buy at a predetermined price, or lease another vehicle at lease end. Buying grants ownership, enabling you to keep the vehicle indefinitely or until the loan is paid off. Once the loan is settled, you’re free from monthly payments and can benefit from the vehicle’s equity.
  3. Value: Leasing permits driving a new vehicle every few years, enjoying the latest features, tech, and warranty coverage. However, you miss out on the vehicle’s appreciation and residual value since you don’t own it. Buying lets you build equity and leverage the residual value when selling or trading in. Yet, you must contend with depreciation and maintenance costs as the vehicle ages and depreciates.

Kia Telluride trim levels and features

The Kia Telluride is a mid-size SUV that offers four trim levels: LX, S, EX, and SX.

Each trim level has different features and options that affect the price, performance, comfort, and convenience of the vehicle.

Here is a brief overview of the main differences between the Kia Telluride trim levels and features:

  • LX: The LX is the base trim level that starts at $32,790 MSRP. It comes with standard features such as 18-inch alloy wheels, LED headlights and taillights, an 8-inch touchscreen, Android Auto and Apple Car Play, six speakers, a leather-wrapped steering wheel, synthetic leather seats, a rearview camera, blind-spot and rear cross-traffic monitoring, automatic emergency braking, lane keeping, and adaptive cruise control.
  • S: The S is the second trim level that starts at $35,290 MSRP. It adds some features to the LX, such as 20-inch alloy wheels, roof rails, a sunroof, heated front seats, a 10-way power-adjustable driver’s seat, a leather-wrapped shift knob, and second-row captain’s chairs.
  • EX: The EX is the third trim level that starts at $37,790 MSRP. It adds some features to the S, such as 18-inch machine-finished alloy wheels, a hands-free power liftgate, a 10.25-inch touchscreen, navigation, wireless charging, an eight-way power-adjustable passenger seat, ventilated front seats, leather seats, and a power-folding third row.
  • SX: The SX is the top trim level that starts at $42,690 MSRP. It adds some features to the EX, such as 20-inch black sport alloy wheels, LED fog lights, dual sunroofs, a 7-inch digital instrument cluster, a 10-speaker Harman Kardon sound system, a surround-view monitor, a blind-spot view monitor, front parking sensors, and highway driving assist.

Kia Telluride money factor and interest rate

The money factor and interest rate are two ways of indicating the expense of borrowing funds to lease a Kia Telluride.

The money factor, a decimal figure, is obtained by dividing the interest rate by 2,400.

Conversely, the interest rate is a percentage denoting the yearly cost of borrowing money.

For instance, a money factor of 0.00152 equates to an interest rate of 3.6%.

These figures can fluctuate based on factors like the lease term, the lessee’s credit score, the vehicle’s residual value, and any incentives provided by the dealer or manufacturer.

As per recent findings, the average money factor and interest rate for a Kia Telluride lease in February 2024 are:

Money factor: 0.001252 Interest rate: 3%

Note that these are approximations derived from available data and may not precisely match the rates offered by your dealer or lender.

It’s prudent to explore various lease options and negotiate to secure the most favorable terms.

Leasing a Kia Telluride could be an advantageous choice for experiencing its perks without committing to the full purchase price.

You Can Also Read

Leave a Comment