The 2023 Kia Sorento is one of the most versatile and family-friendly SUVs in the market. Its range includes the base S V6 FWD model and the top-tier GT-Line PHEV AWD version, the variations differ in trim levels and optional features.The Sorento boasts a powerful turbo-diesel engine, a spacious seven-seat interior, state-of-the-art technology, and a striking exterior.
This vehicle is a bit pricier, especially for the top-tier variations. If you’re interested in buying a Sorento, consider financing options that provide flexibility in repayment schedules and align with your financial preferences.
Car loan options for the 2023 Kia Sorento
Car finance for the 2023 Kia Sorento includes traditional banks, Kia’s in-house financing, or non-bank lenders. Get the best deal by comparing your options, and considering the terms, conditions, and interest rates. The slightest differences can lead to substantial long-term savings.
Look for the lowest rates possible to reduce the overall costs of your car loan. Use our car loan calculator to help you decide which car loan offers the best terms and rates. These estimates can offer insight into the best interest rate, deposit, and loan term.
Example Calculation for a Kia Sorento
Let's take a look at an example calculation for a Kia Sorento. Suppose you're considering purchasing an Kia Sorento for $47,650 MSRP. You have a trade-in vehicle of $4,990, leaving your loan amount borrowed at $42,660 and your credit score and personal situation qualify you for an indicative interest rate of 5.99%. You decide to finance the vehicle over a 60-month term.
Using an online loan calculator, you can estimate that your monthly payments would be around $824.54, with the total cost of the loan coming in at around $49,472. This includes the principal amount of the loan, interest paid over the term of the loan, however any fees or charges associated with the loan would still have to be added.
Similar vehicles to the 2023 Kia Sorento
If you’re looking for vehicles like the 2023 Kia Sorento, alternatives like the Toyota Camry and RAV4 are worth checking out. These vehicles provide a range of features and capabilities that may be more suited to your preferences.