Here’s How Much It Really Costs To Lease The 2024 Kia EV9 - SUV VEHICLE

Here’s How Much It Really Costs To Lease The 2024 Kia EV9


Kia has seen major shifts in brand identity and capability over the years. With electric cars, trucks, and SUVs overtaking the market, we’re seeing brands like Kia impress like never before. A perfect example of an electric SUV you may want to lease this year is the Kia EV9. This model sees specs including standard rear-wheel-drive, a 76.1-kWh battery that gets an EPA-estimated 230 miles of range, and 5,000 pounds of towing capacity. This model is also speedy, with 215 standard HP and up to 379 horsepower in AWD configurations. In addition to these things, you also have a spacious, comfortable interior, plus a boxy, modern exterior that can tackle any type of terrain you drive through.




The Kia EV9 feels like a major step in the right direction for the company, plus it offers drivers a nice SUV model for under $55,000 this year. We’re entering the golden era of electric powertrains, with Kia blazing its own path within the segment. Of course, the EV9 isn’t going to get you quite as far per charge as Tesla, but it does make a good argument for itself. Many Kia drivers are swapping their ICE vehicles for clean, green EVs, and this specific SUV is a top choice for many this year. Here’s how much one of these electric cars costs to lease, plus other details.

In order to give you the most up-to-date and accurate information possible, the data used to compile this article was sourced from Kia and other authoritative sources including The Wall Street Journal.


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You Can Lease A Kia EV9 For $668 A Month

For anyone wanting to lease a Kia EV9 this year, there are quite a few trims with various leasing options for shoppers. Starting with the base ‘Light RWD’ trim, your MSRP is $54,900, with an estimated lease payment of $668 per month. The parameters that get you here would be $2,000 down, a 720 credit score, and a lease duration of 66 months. Even then, you can always get out of your lease early, especially if you are under your annual mileage.

The trims for this year include the Light RWD, Light Long Range RWD, Wind AWD, Land AWD, and GT-Line AWD. At its most pricey, this EV SUV retails for $73,900. We’d consider this a middle-range to luxury model, so your lease isn’t likely going to be anywhere near $500 per month unless you put a lot of cash down and choose a long lease period.


2024 Kia EV9 Lease Options

Kia EV9 Trim

Monthly Lease Payment

Light RWD

~$668

Light Long Range RWD

~$705

Wind AWD

~$765

Land AWD

~$853

GT-Line AWD

~$904

(Data sourced from Kia)

One thing to note regarding these lease prices per trim is that we followed Kia’s recommended parameters, which include:

  • $2,000 down payment
  • A credit score of 720 or higher
  • 3.25-percent Kia financing rate
  • 66-month lease duration

Your lease term, credit score, down payment, and history of owning and leasing Kia models will heavily impact your final monthly payment. You may be able to negotiate lower monthly costs as a long-time Kia driver compared to a new customer. Again, these prices are subject to change and are not exact figures. Kia has given these criteria as an example of a real-life situation when leasing one of its EV9 models.


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The Kia EV9 SUV Is On The Expensive Side To Lease

2024 Kia EV9 GT-Line in Ocean Blue Gloss paint sits in the California scenery
Cory Fourniquet / TopSpeed

One thing to note is that although we’re talking about a Kia-made SUV, the EV9 is not cheap tp lease by any means. What many people don’t see is that over time, Kia has made a nice lineup of cars, trucks, and SUVs, ranging from super affordable to not affordable whatsoever. This electric model is on the pricier side, especially when you look at the higher trims, outpacing Tesla, Ford, and Volkswagen in pricing. However, it must be noted that it is still the cheapest three-row electric SUV available as standard that you can buy. Of course, a Model Y from Tesla will be more expensive in higher trims, but between them, you do see a bit of an overlap with the EV9.


The Kia EV9 Costs More Than A Tesla Model Y In 2024

For example, a brand-new base Model Y for 2024 retails for $43,990, while the EV9 base trim costs $54,990. That’s an $11,000 difference in sticker price between a long-trusted EV maker and one that most people won’t give a second glance to (for now). Again, we’re not hating on Kia. But for this price, it feels a bit eerie to jump into an EV9 over a Model Y or even Mach-E from Ford. These haven’t proved themselves yet.

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The Kia EV9 Packs A Punch Inside And Out

Kia EV9
Hyundai 

Because the Kia EV9 is more of an upscale model for this year, you see nicer features than on traditional Kia’s. For instance, standard specs for this car include details like 1st and 2nd-row occupants getting to experience power leg rests, heated and ventilated seats, and power extendable footrests. You also see things like plenty of room in every row.


With the SUV offering a substantial 42.8 inches of second-row legroom, the EV9 exceeds its rivals like the Cadillac Escalade, Mercedes-Benz EQS SUV, and Land Rover Range Rover P400. Of course, you are spending more money on your monthly lease or payment for these features. Nothing comes for ‘free.’

Kia EV9 Base Specs

Powertrain

Single Permanent-Magnet Motor

Horsepower

215 HP

Torque

258 LB-FT

Transmission

Single-Speed Automatic

Battery

76 kWh

Range

230 Miles

Fuel Economy

88 MPGe

0-60 MPH

7.7 Seconds

Top Speed

118 MPH


(Data sourced from Kia)

Things That Make The Kia EV9 Worth The $668+ Per Month

Although a $650+ lease payment isn’t our favorite news, there are details inside and outside a Kia EV9 that are worth noting. For starters, this vehicle promises ample passenger space, with up to 160 cubic feet in total. You also have available sound-insulating glass, and other innovative technologies can reduce intrusive noise to 58.2 decibels at highway speed.

You also see the available, fully immersive 14-Speaker Meridian Premium Audio System with Subwoofer, which is perfect for music fans. Leather seating and trim can also be found throughout this series and are only elevated in higher AWD models. There’s not a stone left unturned with the Kia EV9. That’s why it starts at nearly $55,000.

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Is It Better To Buy Or Lease A Kia EV9?


When it comes to leasing or buying a Kia EV9 in 2024 and beyond, we’d suggest starting with a lease. Because EVs are only in the beginning stages of reaching their full potential, you don’t want to commit to half a decade or longer with your battery.

Considering Kia hasn’t hit the 400-mile range mark yet, while other brands are on the verge or have, you don’t want to be stuck with under 300 miles of range in five years when everyone else can easily drive 700-1,000 miles. Of course, we cannot predict the future, although we’d love to, so batteries may only improve slightly. Regardless, your Kia EV9 will lose much, if not all, of its value in 10 years if you buy it. Don’t buy, just lease.


Most People Only Keep Their Electric Cars For Three Years

Something you may find interesting (and inspiring) is that many drivers of EVs only hold onto their models for three years. You may find this through leasing or purchasing, although with a lease, it’s easier to turn in the keys and jump into the next best thing. Buying a car comes with long payment terms, a big down payment, iffy resale terms and value, and more pressure on you.

Leasing a Kia EV9 is as easy as putting some cash down, making sure you can commit to two, three, or five years, and staying under your annual mileage. We won’t tell you what to do, but for electric cars, it’s *generally* better to lease. You don’t want your warranty to end and then the battery dies out. That could be a $20,000 repair/replacement. Yikes!



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