Latest Deals

Be Green And Save Green: Lease A Kia Optima Hybrid For $143/Month

2014 Kia Optima Hybrid (source: kia.com)

2014 Kia Optima Hybrid (source: kia.com)

For 2016, Kia completely redesigned Optima, adding more refinement and content to the popular midsize sedan than ever before. The hybrid version, however, soldiers on unchanged for another year. Thanks to generous cash on the hood to move the not insubstantial inventory of Optima Hybrids, you can now lease one for significantly less than what it costs to lease a standard Optima.


Dating back to 2011 and last refreshed 2014, Optima Hybrid remains a quiet, spacious, and attractive-looking family sedan with touchy brakes and a jerky powertrain. Here's what you need to know about leasing one. 

Current Lease Program - Valid Through July 5, 2016

The cost of leasing a particular car is determined by its lease program, which is set by the manufacturer, and the selling price, which is set by the dealer. Here is Kia Motors Finance's current lease program for 2016 Optima Hybrid assuming top tier credit:

36-Month Kia Optima Hybrid Lease Program
Miles/Year Residual Money Factor
10,000 52% .00079
12,000 51% .00079
15,000 49% .00079

Kia incentives vary slightly by region. Ask on Leasehackr Forum for the exact incentives in your region. Here are the incentives for California:

Incentives
$5,400 Lease Cash Available to all
$400 Grad Cash Must have graduated within past two years or graduate within the next six months
$400 Military Cash

Selling Price

A 2016 Optima Hybrid has an MSRP of $26,845. According to our readers, the internet departments of some dealers in California are offering quotes of $3,000 to $4,000 off MSRP before incentives. Your selling price will vary depending on location, available inventory, and other factors.

Putting It Together

Use the lease calculator below to customize your own inputs, such as annual mileage and selling price. Here's a sample deal of a 2016 Optima Hybrid ($26,845 MSRP) assuming a selling price of $23,000 and excellent credit.
 

% off MSRP
I want to pay my acquisition fee upfront.
%
Residual (%) at miles/yr
APR: %
Enroll in Mercedes-Benz Autopay to lower the MF by 0.00010
GM One-pay Lease: I want to lower the MF by 0.00073 by paying everything upfront.
APR: %
%
Tax is levied on the monthly lease payment (most states).
Tax is levied on the sales price upfront (e.g. VA, TX, GA).
Tax is levied on the total lease payment upfront (e.g. NY, MN, OH).
First month's payment incl. tax:
Down payment:
Total MSD payment:
Registration and doc fee:
Tax on cap cost reduction and fees:
Acquisition fee:
First month's payment:
Down payment:
Total MSD payment:
Tax on the sales price:
Registration and doc fee:
Acquisition fee:
First month's payment:
Down payment:
Total MSD payment:
Tax on the total lease payment:
Tax on cap cost reduction and fees:
Registration and doc fee:
Acquisition fee: