Kia Canada is announcing “Don’t Pay for 120 days”. Customers that finance a new model between March 18th to March 31st can defer payments for up to 120 days based on approved credit.
This is a 4-month payment deferral program (120 days), no interest will accrue during the first three (3) months (deferral costs paid by Kia Canada) of the finance contract. After this period, interest starts to accrue and the purchaser will repay principal and interest monthly over the term of the contract.
Program Overview
- Program period: March 18th, 2020 to March 31st, 2020
- Eligible Models and Salestype: All new models; A04, A01, A09
- Non-prime programs excluded (Subtype A10, A11)
- Lease and cash programs excluded (Subtype D and E)
- Vehicle must be RDR’d and Retailed within program period to qualify (No Exception)
- Customer acknowledgement form must be fully completed and kept in the deal jacket for future audits
- Vehicles put into Demo status and Fleet registrations are NOT eligible Demos sold retail will be eligible
- Previously paid out vehicles will be excluded
- The eligibility of any and all units will be at the sole discretion of KIA Canada Inc.
Terms
Offers available on select new 2020 models to qualified retail customers who take delivery from March 3rd, 2020 to March 31st, 2020. All pricing and payments include delivery/destination fees up to $1,895, Regional fees $39 ($10 OMVIC fee plus new tire charge of $29) and $100 A/C charge (where applicable) and excludes licensing, registration, paint charges ($250, where applicable), retailer charges (except in Quebec), insurance and taxes. Dealers may sell/lease for less. Dealer order may be required. Offers subject to change and extension without notice. See your Kia dealer for complete details. Φ Financing available on select new models to qualified retail customers on approved credit. Representative financing examples: Finance a 2020 Sorento LX 2.4L AWD/2020 Rio5 LX+ IVT with a selling price of $32,929/$19,979 at 0%/2.49% for 84/84 months for a total of 364/364 weekly payments of $89/$59 with $695/$105 down payment and a cost of borrowing of $0/$1,777. *Lease offer available on select new models to retail customers on approved credit. Examples: New 2020 Sportage LX FWD/2020 Soul EX IVT/2020 Soul EX+ IVT/ 2020 Forte LX IVT with a selling price of $27,729/$24,829/$26,829/$21,079 leased at 1.99%/1.99%/1.99%/0.99% over 48/48/48/36 months equals 208/208/208/156 weekly payments of $76/$59/$62/$47 with $1,325/$1,905/$1,905/$3,600 down payment and first payment due at lease inception. Total lease obligation is $15,749/$12,167/$12,786/$7,279 with an option to purchase at lease end for $12,184/$12,147/$13,127/$10,099. Kilometer limit of 16,000/year with excess km at $0.12/km. † Cash Purchase Price for the 2019 Niro L/2020 Optima EX /2020 Sedona LX/ 2020 Telluride EX AWD is $26,429/$26,329/$32,429/$46,029 includes $1,000/$4,000/$1,500/$1,000 cash discounts. † † MSRP for models shown: 2020 Forte GT DCT/2020 Sportage SX AWD/2020 Soul GT-Line Limited IVT/2020 Sorento SX V6 AWD/2020 Optima EX+/2020 Sedona SX Tech/2019 Niro SX Touring/2020 Telluride SX Limited AWD $28,995/$39,995/$29,595/$46,345/$29,995/$41,695/$33,495/$52,995. * 1% Rate Reduction is a limited time offer provided on approved credit. Offer available to qualifying Kia customers towards all new and unregistered models (excluding Niro PHEV, Niro EV, and Soul EV) financed/leased and delivered from an authorized Kia dealership in Canada. To qualify, a loyalty customer must be the current owner/lessee of a current Kia vehicle that has been properly registered and licensed for at least the past 90 days. Offer eligibility will be verified and determined by Kia in its discretion. Qualifying loyalty customers will receive a 1% reduction off finance or lease rates currently available. Under no circumstances can rates be reduced to below 0% APR. Offer is transferrable within the same household. Offer has no cash surrender value and cannot be applied to past transactions. Conditions apply. Offer is subject to change or cancellation without notice. See your participating Kia dealer for details. **Don’t Pay for 120 Days applies to purchase financing only on approved credit on all new models. No interest will accrue during the first 90 days of the finance contract. After this period, interest starts to accrue and the purchaser will repay the principal and interest monthly over the term of the contract. The original term of the finance contract will be extended by 90 days. For contracts on a weekly and bi-weekly basis, purchasers who select the payment deferral offer may have to make their first weekly or bi-weekly payment sooner than 120 days from purchase. Offer valid from March 18 to 31, 2020. Offer has no cash surrender value and cannot be applied to past transactions. Conditions apply. Offer is subject to change or cancellation without notice. See your participating Kia dealer for details. Apple, the Apple logo, CarPlay and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Google, Google Play, Google Maps and Android Auto are trademarks of Google Inc. Google Maps ©2019 Google. Please note that your vehicle may not be equipped with all features described. This also applies to safety-related systems and functions. None of the features we describe are intended to replace the driver’s responsibility to exercise due care while driving and are not a substitute for safe driving practices. Some features may have technological limitations. For additional information regarding the various features, including their limitations and restrictions, please refer to your vehicle’s Owner’s Manual. The Kia 5year/100,000km warranty includes various warranties and roadside assistance. Some restrictions apply. For more information, call us at 18775422886 or visit kia.ca.
