How to finance a Kia

Returning customers and servicemembers may even be eligible for cash back.

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You’ve probably spotted at least a dozen Kia Souls or Fortes zooming around town — and for good reason. The popular Korean car brand ranked number five in dependability according to a 2018 JD Power study. If you’re interested in getting behind the wheel of one of these reliable cars, you have a few financing options to choose from. And you may be able to score a discount if you’re a servicemember or current Kia owner.

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  • Min. Credit Score Required: 300
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How can I finance a Kia?

When you’re looking to buy a new or used Kia, comparing your financing offers first can help you score a better deal. The cheapest way to go is likely taking out a car loan from an online lender, bank or credit union. Filling out preapproval forms with several lenders can give you an idea of what terms you may qualify for to help you find the lowest rate. Another option is comparing personal loan offers. However, rates will likely be higher since your loan won’t be secured by the car you’re buying.

If you’re looking for the financing option with the fastest turnaround, then going directly through an authorized Kia dealer is likely your best bet. Though you can usually secure financing and drive your new car home the same day, you often end up paying more in interest than you would by taking out a car loan from an outside lender. Here are your two options when applying through Kia Motors Finance (KMF):

  • Financing through KMF. Kia allows you to apply for credit to buy a new or used car through one of its licensed dealers. This comes with a few added benefits, like access to your FICO score and less hassle compared to shopping around at different lenders. In the past, Kia has offered deals like 0% APR financing for five years on the 2018 Optima and $4,000 cash back on the 2018 Sedona.*
  • Leasing through KMF. Leasing allows you to switch up your Kia every few years to ensure you always have the latest bells and whistles. While KMF leasing offers will vary depending on where you live, past promotions include leasing the 2019 Soul for $199 a month for three years and $1,999 due at signing.*

Local dealerships may offer their own special deals as well. As with all loans, the exact rates and terms you qualify for will depend on your credit and financial situation.

*Rates as of November 30, 2018.

Read our review of Kia Motors Finance

Compare car loans for financing a Kia

Updated December 6th, 2019
Name Product Filter Values Minimum credit score Loan term Requirements
300
Varies by lender
Must be a US citizen with a current US address and employed full-time or have guaranteed fixed income.
Apply with a simple online application to get paired with a local auto lender. No credit and bad credit accepted.
600
Varies by lender
Fair to excellent credit, an income source, US citizen or permanent resident, 18+ years old
Find an offer and get rates from competing lenders without affecting your credit score.
300
Varies by lender
Must be employed full-time or have guaranteed fixed income of at least $1,500/month and be a current resident of the US or Canada.
Get connected with an auto lender near you, even if you have bad credit.
500
3 months to 12 years
Credit score of 500+, legal US resident and ages 18+.
Quickly compare multiple online lenders with competitive rates depending on your credit.
Good to excellent credit
2 to 7 years
Good or excellent credit, enough income or assets to afford a new loan, US citizen or permanent resident, 18+ years old
Quick car loans from $5,000 to $100,000 with competitive rates for borrowers with strong credit.
Good to excellent credit
Varies by lender
18+ years old, good to excellent credit, US citizen
Compare multiple financing options for auto refinance, new car purchase, used car purchase and lease buy out.

Compare up to 4 providers

Does Kia have any car-buyer programs or special discounts?

Yes, Kia offers special cashback deals and low-APR promotions to:

  • US military servicemembers, reservists, retirees and their spouses.
  • Residents of Alabama, Georgia and Florida whose cars were damaged by Hurricane Michael.
  • Car owners whose vehicles were damaged by the California wildfires during November 2018.
  • Returning customers who currently lease or own a Kia model.
  • Well-qualified buyers interested in a certified preowned Kia.

What will a new Kia cost me?

While you can expect to pay $15,000 to over $31,000 for a 2019 model, the total cost of a new Kia will depend on any add-ons you select as well as your negotiation skills.

Choose a build

Cars

Rio

  • Starting MSRP: $15,300
  • Build: Sedan
  • City/highway MPG: 28/37

Forte

  • Starting MSRP: $17,690
  • Build: Sedan
  • City/highway MPG: 31/41

Optima

  • Starting MSRP: $22,900
  • Build: Sports Coupe
  • City/highway MPG: 23/30

Stinger

  • Starting MSRP: $32,990
  • Build: Sedan
  • City/highway MPG: 22/29

Cadenza

  • Starting MSRP: $33,100
  • Build: Sedan
  • City/highway MPG: 20/27

K900

  • Starting MSRP: $59,900
  • Build: Sedan
  • City/highway MPG: 18/25

SUV / Crossover / Minivan

Soul

  • Starting MSRP: $17,490
  • Build: SUV
  • City/highway MPG: 26/31

Niro

  • Starting MSRP: $23,490
  • Build: Crossover
  • City/highway MPG: 52/49

Sportage

  • Starting MSRP: $23,990
  • Build: Crossover
  • City/highway MPG: 23/30

Sorento

  • Starting MSRP: $26,290
  • Build: Crossover
  • City/highway MPG: 22/29

Sedona

  • Starting MSRP: $27,200
  • Build: Minivan
  • City/highway MPG: 18/24

Telluride

  • Starting MSRP: $31,690
  • Build: SUV
  • City/highway MPG: 20/26

Hybrids

Optima Hybrid

  • Starting MSRP: $29,310
  • Build: Hybrid Sedan
  • City/highway MPG: 40/45

How much you actually end up paying will vary based on where you live, what promotions you qualify for and your haggling skills. Since these are the costs of Kia’s brand-new models, you’ll likely be able to score a lower price on a used model.

Compare car insurance rates for driving a Kia

Does a new Kia come with a warranty?

Yes, all 2008 and newer Kias come with its industry-leading warranties, including:

  • 10-year, 100,000-mile limited powertrain warranty.
  • Five-year, 60,000-mile limited basic warranty.
  • Five-year, 100,000-mile antiperforation warranty.
  • Five-year, 60,000-mile roadside assistance warranty.

Bottom line

Kia’s budget-friendly prices, industry-leading warranties and award-winning reliability ratings make it a popular choice for car buyers. You have a few different financing options to consider — from traditional car loans to applying directly through Kia. And depending on if you’re a servicemember or have been affected by recent natural disasters, you may be able to get a special deal.

To learn more about the car-buying process and compare lenders, check out our guide to car loans.

Frequently asked questions

Pictures: Shutterstock and KIA’s official page

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