Kia Offering Low Lease, APR on 2011 Sportage
The redesigned 2011 Kia Sportage compact SUV is just hitting dealers — Cars.com is showing more than 1,500 in its national new-car inventory — and early adopters will get decent deals on the model.
Kia and Hyundai have been known to put cash back and other incentives on brand-new models in the past to generate early buzz and add market share. While the Sportage doesn't have any cash-back offers, there is a low lease offer of $229 a month for 36 months with $2,499 due at signing. The offer is good through Aug. 31.
The low APR offer is 1.9% for 36 months and 2.9% for 60 months, which is pretty good for a new model. There is a 4.9% APR for a longer 72-month term. The APR deals are good through Oct. 4.
If you’re interested in the larger and slightly more expensive 2011 Kia Sorento SUV, there is a $1,000 cash-back offer plus an additional $1,000 in cash back via either competitive owner or loyal owner programs.