Kia Optima LX Lease
A Kia Optima LX lease costs around $300 to $400 a month.
Written by Olivia Rose
Reviewed by Jessica Barrett
A Kia Optima LX lease costs around $300 to $400 a month, depending on the trim level, down payment, length of lease, and your credit score. And, like all car leases, your monthly cost will ultimately depend on the amount you negotiate with the dealer.
The Kia Optima (newly renamed “K5”) LX holds an impressive score of 8.5/10 from Car and Driver and proves itself as a great family sedan for any driver.
The base four-wheel-drive trim comes equipped with enviable features like a 1.6-liter Turbo 4-cylinder engine with 180 horsepower and 195 pound-feet of torque—as well as Dual-Zone Automatic Temperature Control, an eight-inch touchscreen display, wireless Apple CarPlay and Android Auto, and remote keyless entry.
Leasing a Kia Optima LX might be a good idea if you aren’t able to pay the higher cost of monthly car loan payments.
Car insurance
expert Jerry
is here to walk you through leasing a Kia Optima LX—how to do it, how much it costs, and your options when the lease is over. How to lease a Kia Optima LX
Before you drive down to the leasing office to look at your options, you need to get prepared. Here’s a checklist you can work through to successfully lease a Kia Optima LX:
- Check your credit score. Your credit score is a huge deciding factor in the cost of your lease—and whether you will be approved for a lease at all. Typically, you want a credit score of 650 or higher. A score of 620 will sometimes be permitted, though you’ll have to pay a higher monthly cost for your lease. Unfortunately, if your score is lower than 620, you won’t automatically qualify for a Kia Optima LX lease.
- Figure out your leasing budget. You should aim to spend no more than 10-15% of your monthly income on payments for your car lease. That means the budget will look different from person to person. When you nail down a budget, the decision-making process (like which trim level to lease) will be abundantly easier—and you’ll have better negotiating power at the dealership.
- Estimate your down payment. A larger down payment will mean lower monthly payments. Figure out how much cash you have to put down on a car lease. The required down payment for a Kia Optima LX is usually around $2,000. You might find at this step that you need to hold off for a few months on a lease so that you can save up for a down payment.
- Calculate your annual mileage. When you lease a car, the lease agreement that you sign will stipulate a maximum annual mileage, typically around 10,000 to 12,000 miles. If you exceed the mileage limit on your lease, you will face fines from the dealership. Estimating your annual mileage will help you discern a proper maximum annual mileage to negotiate for your lease.
After this, you’re ready to head down to your nearest Kia dealership and compare lease options! When looking through your options and negotiating a lease, make sure you stick to your budget so that you don’t commit to anything you can’t afford.
The final step: shop for insurance
Use
Jerry
to find a good price on car insurance for the Kia Optima LX that you lease. All you have to do is download the Jerry app and answer some basic questions so that Jerry can work its magic and generate personalized car insurance
quotes for you. The whole process only takes a few minutes—and can save you hundreds of dollars!RECOMMENDED
Compare auto insurance policies
No spam or unwanted phone calls · No long forms
How much does a Kia Optima LX lease cost?
A Kia Optima LX lease costs around $300 to $400 a month.
But the cost of your lease will depend on a variety of factors, and one of them is the
trim level
. The Kia Optima LX (or the Kia K5 LX) comes in three trim levels: LX, LXS FWD, and LXS AWD. Let’s take a look at the estimated monthly payments for these different trim levels.
Trim level | Monthly payment | Amount due at signing |
|---|---|---|
K5 LX | $356 | $2,356 (adjustable $2,000 down payment) |
K5 LXS FWD | $382 | $2,250 (adjustable $2,000 down payment) |
K5 LXS AWD | $439 | $2,272 (adjustable $2,000 down payment) |
Your credit score also plays a large role in the cost of a Kia Optima LX lease. Generally speaking, a higher credit score will mean lower monthly payments.
Let’s take a look at the cost of leasing a Kia Optima LX depending on credit score. Remember that if you have a credit score of 520 to 609, you do not automatically qualify for a Kia Optima LX lease.
Credit score | Monthly payment | Amount due at signing |
|---|---|---|
520 to 579 | N/A | N/A |
580 to 609 | N/A | N/A |
610 to 629 | $413 | $0 |
630 to 649 | $413 | $0 |
650 to 669 | $407 | $0 |
670 to 689 | $377 | $0 |
690 to 719 | $366 | $0 |
720+ | $356 | $0 |
Find out if you can reduce your monthly car payments in minutes
* checking your rate won’t affect your credit score
Check your rate
* checking your rate won’t affect your credit score
What to do when your Kia Optima LX lease is up
At the end of your lease, you’ll have three options for how to move forward:
- Return the Kia Optima LX you have been driving
- Get a buyout quote to purchase the Kia Optima LX you have been driving
- Lease or purchase a new Kia
How to return a leased Kia Optima LX
Done with your lease and want to simply return your Kia Optima LX? You can follow these steps to make the return process smooth and successful.
- Evaluate your vehicle for wear and tear. You’ll want to check for any damages that are larger than a credit card—such as any big dents or scratches. These won’t be covered under your lease, so you will need to repair them before returning your Kia Optima LX. Kia considers the following acceptable wear and tear: scratches less than four inches, dings/dents less than four inches, windshield cracks less than two inches, and tire tread equal to or more than 1/8 inch from the lowest point.
- Clean your Kia Optima LX, both inside and outside—and be sure to remove any permits, toll tags, and remotes.
- Sign an Odometer Disclosure Statement. This document ensures Kia that the reading on your odometer is truthful. You can search for the disclosure statementon Kia’s websiteand fax it to (888) 295-8891.
- Cancel automatic payments pertaining to your leased Kia Optima LX.
- Excess mileage charge of $0.20 per mile over the mileage limit stated on your lease
- Disposition fee specified in your lease
- Taxes, depending on your state
How to purchase a leased Kia Optima LX
Decide that you just can’t bear parting with your newly beloved Kia Optima LX? You can make it yours by requesting a buyout quote to purchase your car! Simply
contact
your local Kia dealer online or call a Kia Lease-End Advisor at (855) 537-8542 (Monday thru Friday, 8 am-9 pm Eastern Time). How to find the best car insurance for a Kia Optima LX lease
Whether you’re driving a leased Kia Optima LX or decide to buy one, you’ll need high-quality
Kia car insurance
. Car insurance super-app Jerry
helps you find the lowest rates on car insurance. The long and short of it? We do all the work of locating personalized quotes for you so that you don’t have to waste your time in an internet black hole requesting dozens of
car insurance
quotes just to find your cheapest option. All you need to do is answer some basic personal questions—then shop away! Once you find a policy that calls your name, our agents will take over all the calls and paperwork to get you set up right away.
Our track record of saving users an average of $800+ a year speaks for itself. Download the Jerry app today!
“Very surprised at how low the quotes were for my car insurance. Adding renters insurance to my car insurance policy was only $10! I highly recommend downloading this app and at least checking quotes. I’ll bet once you do, you’ll be switching! Thank you,Jerry!” —Heather A.
RECOMMENDED
Thousands of customers saved on average $887/year on their car insurance with Jerry
This app is great, but the customer service is even better! Not to mention convenient! My husband and I got the lowest rate (much lower than the rates I was finding online through my own searches), quickly, and pretty much all through text message! Thank you so much for a hassle free experience👍
Gabriella R.
Find insurance savings
4.7/5 Rating on App Store
Reduce your monthly car payments in minutes?
Find out if Jerry can reduce your payments by an average of $150/month
4.7You might also be interested
