Save with Kia Niro Plug-In Hybrid rebatesCheck your savings potential before you buy
- $311/mo est.$2,500 down
- Exterior color: Snow White PearlSnow White Pearl
- Interior color: Charcoal leatherette/clothCharcoal leatherette/cloth
- 33 mi est. electric range
- 5 Seats, 49 City / 47 Hwy MPG
- Herb Chambers Kia of Burlington (1,609 mi away)(16)
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Estimate Lease Details
$311/month for 36 months
$2,500 Down payment
$2,811 Due at signing
$2,811 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $13,711 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through September 30, 2025.
Located in Burlington, MA / 1,609 miles away from Waco, TX
BUY WITH CONFIDENCE The Herb Chambers Companies generates over 3 billion dollars in sales each year with over 2,400 employees. Last year over 60,000 p...
Features and Specs:
48 Combined MPG (49 City/47 Highway)
Listing Information:
VIN: KNDCS3LF3S5305409
Stock: 16909
Listed since: 09-17-2025 - $304/mo est.$2,500 down
- Exterior color: Cityscape GreenCityscape Green
- Interior color: Charcoal leatherette/clothCharcoal leatherette/cloth
- 33 mi est. electric range
- 5 Seats, 49 City / 47 Hwy MPG
- Kia North Danvers (1,622 mi away)
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Estimate Lease Details
$304/month for 36 months
$2,500 Down payment
$2,804 Due at signing
$2,804 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $13,427 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through September 30, 2025.
Located in Danvers, MA / 1,622 miles away from Waco, TX
Price includes: $1000 - KFA Dealer Choice Program: $1000 discount and/or 5.50% APR for 36 months. $30.20 per $1000 financed. Available to well qualif...
Features and Specs:
48 Combined MPG (49 City/47 Highway)
Listing Information:
VIN: KNDCS3LF3S5293522
Stock: 1032
Listed since: 09-05-2025 - $304/mo est.$2,500 down
- Exterior color: Cityscape GreenCityscape Green
- Interior color: Charcoal leatherette/clothCharcoal leatherette/cloth
- 33 mi est. electric range
- 5 Seats, 49 City / 47 Hwy MPG
- Kia North Danvers (1,622 mi away)
Close
Estimate Lease Details
$304/month for 36 months
$2,500 Down payment
$2,804 Due at signing
$2,804 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $13,427 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through September 30, 2025.
Located in Danvers, MA / 1,622 miles away from Waco, TX
Price includes: $1000 - KFA Dealer Choice Program: $1000 discount and/or 5.50% APR for 36 months. $30.20 per $1000 financed. Available to well qualif...
Features and Specs:
48 Combined MPG (49 City/47 Highway)
Listing Information:
VIN: KNDCS3LF3S5299921
Stock: 1031
Listed since: 09-05-2025 - $308/mo est.$2,500 down
- Exterior color: Steel GraySteel Gray
- Interior color: Charcoal leatherette/clothCharcoal leatherette/cloth
- 33 mi est. electric range
- 5 Seats, 49 City / 47 Hwy MPG
- Kia North Danvers (1,622 mi away)
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Estimate Lease Details
$308/month for 36 months
$2,500 Down payment
$2,808 Due at signing
$2,808 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $13,574 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through September 30, 2025.
Located in Danvers, MA / 1,622 miles away from Waco, TX
Price includes: $1000 - KFA Dealer Choice Program: $1000 discount and/or 5.50% APR for 36 months. $30.20 per $1000 financed. Available to well qualif...
Features and Specs:
48 Combined MPG (49 City/47 Highway)
Listing Information:
VIN: KNDCS3LF0S5308462
Stock: 1078
Listed since: 09-16-2025 - $311/mo est.$2,500 down
- Exterior color: Snow White PearlSnow White Pearl
- Interior color: Charcoal leatherette/clothCharcoal leatherette/cloth
- 33 mi est. electric range
- 5 Seats, 49 City / 47 Hwy MPG
- Kia North Danvers (1,622 mi away)
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Estimate Lease Details
$311/month for 36 months
$2,500 Down payment
$2,811 Due at signing
$2,811 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $13,711 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through September 30, 2025.
Located in Danvers, MA / 1,622 miles away from Waco, TX
Price includes: $1000 - KFA Dealer Choice Program: $1000 discount and/or 5.50% APR for 36 months. $30.20 per $1000 financed. Available to well qualif...
Features and Specs:
48 Combined MPG (49 City/47 Highway)
Listing Information:
VIN: KNDCS3LFXS5306217
Stock: 1077
Listed since: 09-16-2025 - $316/mo est.$2,500 down
- Exterior color: Mineral BlueMineral Blue
- Interior color: Charcoal leatherette/clothCharcoal leatherette/cloth
- 33 mi est. electric range
- 5 Seats, 49 City / 47 Hwy MPG
- Kia North Danvers (1,622 mi away)
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Estimate Lease Details
$316/month for 36 months
$2,500 Down payment
$2,816 Due at signing
$2,816 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $13,893 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through September 30, 2025.
Located in Danvers, MA / 1,622 miles away from Waco, TX
Price includes: $1000 - KFA Dealer Choice Program: $1000 discount and/or 5.50% APR for 36 months. $30.20 per $1000 financed. Available to well qualif...
Features and Specs:
48 Combined MPG (49 City/47 Highway)
Listing Information:
VIN: KNDCS3LFXS5293081
Stock: 1088
Listed since: 09-15-2025 - $308/mo est.$2,500 down
- Exterior color: Interstellar GrayInterstellar Gray
- Interior color: Charcoal leatherette/clothCharcoal leatherette/cloth
- 33 mi est. electric range
- 5 Seats, 49 City / 47 Hwy MPG
- Kia North Danvers (1,622 mi away)
Close
Estimate Lease Details
$308/month for 36 months
$2,500 Down payment
$2,808 Due at signing
$2,808 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $13,574 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through September 30, 2025.
Located in Danvers, MA / 1,622 miles away from Waco, TX
Price includes: $1000 - KFA Dealer Choice Program: $1000 discount and/or 5.50% APR for 36 months. $30.20 per $1000 financed. Available to well qualif...
Features and Specs:
48 Combined MPG (49 City/47 Highway)
Listing Information:
VIN: KNDCS3LF9S5309853
Stock: 1089
Listed since: 09-15-2025 - $316/mo est.$2,500 down
- Exterior color: Mineral BlueMineral Blue
- Interior color: Charcoal leatherette/clothCharcoal leatherette/cloth
- 33 mi est. electric range
- 5 Seats, 49 City / 47 Hwy MPG
- McFarland Kia (1,638 mi away)
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Estimate Lease Details
$316/month for 36 months
$2,500 Down payment
$2,816 Due at signing
$2,816 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $13,888 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through September 30, 2025.
Located in North Hampton, NH / 1,638 miles away from Waco, TX
Priced below KBB Fair Purchase Price!Mineral Blue 2025 Kia Niro Plug-In Hybrid EX 4D Sport Utility FWD 6-Speed Dual Clutch 1.6L I4 DGI Hybrid DOHC 1...
Features and Specs:
48 Combined MPG (49 City/47 Highway)
Listing Information:
VIN: KNDCS3LF0S5252037
Stock: 13079
Listed since: 06-04-2025 - $316/mo est.$2,500 down
- Exterior color: Mineral BlueMineral Blue
- Interior color: Charcoal leatherette/clothCharcoal leatherette/cloth
- 33 mi est. electric range
- 5 Seats, 49 City / 47 Hwy MPG
- McFarland Kia (1,638 mi away)
Close
Estimate Lease Details
$316/month for 36 months
$2,500 Down payment
$2,816 Due at signing
$2,816 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $13,888 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through September 30, 2025.
Located in North Hampton, NH / 1,638 miles away from Waco, TX
Priced below KBB Fair Purchase Price!Mineral Blue 2025 Kia Niro Plug-In Hybrid EX 4D Sport Utility FWD 6-Speed Dual Clutch 1.6L I4 DGI Hybrid DOHC 1...
Features and Specs:
48 Combined MPG (49 City/47 Highway)
Listing Information:
VIN: KNDCS3LF9S5253476
Stock: 13080
Listed since: 06-04-2025 - $316/mo est.$2,500 down
- Exterior color: Mineral BlueMineral Blue
- Interior color: Charcoal leatherette/clothCharcoal leatherette/cloth
- 33 mi est. electric range
- 5 Seats, 49 City / 47 Hwy MPG
- McFarland Kia (1,638 mi away)
Close
Estimate Lease Details
$316/month for 36 months
$2,500 Down payment
$2,816 Due at signing
$2,816 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $13,888 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through September 30, 2025.
Located in North Hampton, NH / 1,638 miles away from Waco, TX
Priced below KBB Fair Purchase Price!Mineral Blue 2025 Kia Niro Plug-In Hybrid EX 4D Sport Utility FWD 6-Speed Dual Clutch 1.6L I4 DGI Hybrid DOHC 1...
Features and Specs:
48 Combined MPG (49 City/47 Highway)
Listing Information:
VIN: KNDCS3LF2S5253514
Stock: 13082
Listed since: 06-04-2025 - $371/mo est.$2,500 down
- Exterior color: Snow White PearlSnow White Pearl
- Interior color: Charcoal leatheretteCharcoal leatherette
- 5 Seats
- Dick Hannah Kia (1,673 mi away)(1)
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Estimate Lease Details
$371/month for 36 months
$2,500 Down payment
$2,871 Due at signing
$2,871 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $15,862 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through September 30, 2025.
Located in Vancouver, WA / 1,673 miles away from Waco, TX
At Dick Hannah Kia all New comes with our exceptional Lifetime Powertrain Warranty at no additional cost! Unlimited Time. Unlimited Miles. All part of...
Features and Specs:
Listing Information:
VIN: KNDCR3LFXS5258410
Stock: K250742
Listed since: 02-18-2025 - $373/mo est.$2,500 down
- Exterior color: Aurora Black PearlAurora Black Pearl
- Interior color: Charcoal leatheretteCharcoal leatherette
- 5 Seats
- Dick Hannah Kia (1,673 mi away)(1)
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Estimate Lease Details
$373/month for 36 months
$2,500 Down payment
$2,873 Due at signing
$2,873 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $15,941 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through September 30, 2025.
Located in Vancouver, WA / 1,673 miles away from Waco, TX
At Dick Hannah Kia all New comes with our exceptional Lifetime Powertrain Warranty at no additional cost! Unlimited Time. Unlimited Miles. All part of...
Features and Specs:
Listing Information:
VIN: KNDCR3LF7S5265041
Stock: K250741
Listed since: 02-24-2025 - $373/mo est.$2,500 down
- Exterior color: Mineral BlueMineral Blue
- Interior color: Charcoal leatheretteCharcoal leatherette
- 5 Seats
- Dick Hannah Kia (1,673 mi away)(1)
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Estimate Lease Details
$373/month for 36 months
$2,500 Down payment
$2,873 Due at signing
$2,873 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $15,945 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through September 30, 2025.
Located in Vancouver, WA / 1,673 miles away from Waco, TX
At Dick Hannah Kia all New comes with our exceptional Lifetime Powertrain Warranty at no additional cost! Unlimited Time. Unlimited Miles. All part of...
Features and Specs:
Listing Information:
VIN: KNDCR3LF0S5229241
Stock: K250609
Listed since: 12-30-2024 - $373/mo est.$2,500 down
- Exterior color: Mineral BlueMineral Blue
- Interior color: Charcoal leatheretteCharcoal leatherette
- 5 Seats
- Dick Hannah Kia (1,673 mi away)(1)
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Estimate Lease Details
$373/month for 36 months
$2,500 Down payment
$2,873 Due at signing
$2,873 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $15,945 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through September 30, 2025.
Located in Vancouver, WA / 1,673 miles away from Waco, TX
At Dick Hannah Kia all New comes with our exceptional Lifetime Powertrain Warranty at no additional cost! Unlimited Time. Unlimited Miles. All part of...
Features and Specs:
Listing Information:
VIN: KNDCR3LF6S5228045
Stock: K250645
Listed since: 02-22-2025 - $380/mo est.$2,500 down
- Exterior color: Aurora Black PearlAurora Black Pearl
- Interior color: Charcoal leatheretteCharcoal leatherette
- 5 Seats
- Beaverton Kia (1,677 mi away)(1)
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Estimate Lease Details
$380/month for 36 months
$2,500 Down payment
$2,880 Due at signing
$2,880 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $16,167 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through September 30, 2025.
Located in Beaverton, OR / 1,677 miles away from Waco, TX
2025 Kia Niro Plug-In Hybrid SX 1.6L I4 DGI Hybrid DOHC 16V LEV3-SULEV30 FWD Aurora Black Pearl 53/54 City/Highway MPG Buy from the oldest Kia Deal...
Features and Specs:
Listing Information:
VIN: KNDCR3LF8S5265159
Stock: K24530
Listed since: 03-06-2025 - $300/mo est.$2,500 down
- Exterior color: Cityscape GreenCityscape Green
- Interior color: Charcoal leatherette/clothCharcoal leatherette/cloth
- 33 mi est. electric range
- 5 Seats, 49 City / 47 Hwy MPG
- Sunset Kia (1,713 mi away)(2)
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Estimate Lease Details
$300/month for 36 months
$2,500 Down payment
$2,800 Due at signing
$2,800 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $13,315 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through September 30, 2025.
Located in Auburn, WA / 1,713 miles away from Waco, TX
More and more shoppers are turning to Sunset for a better vehicle ownership experience and greater long-term value. At Sunset, we believe value goes f...
Features and Specs:
48 Combined MPG (49 City/47 Highway)
Listing Information:
VIN: KNDCS3LF1S5309197
Stock: 55906
Listed since: 09-08-2025 - $403/mo est.$2,500 down
- Exterior color: Snow White PearlSnow White Pearl
- Interior color: Charcoal leatheretteCharcoal leatherette
- 33 mi est. electric range
- 5 Seats, 49 City / 47 Hwy MPG
- West Hills Kia (1,739 mi away)(5)
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Estimate Lease Details
$403/month for 36 months
$2,500 Down payment
$2,903 Due at signing
$2,903 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $16,995 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through September 30, 2025.
Located in Bremerton, WA / 1,739 miles away from Waco, TX
West Hills Kia is pumped up to offer this wonderful 2025 Kia Niro Plug-In Hybrid SX. Snow White Pearl FWD 1.6L I4 DGI Hybrid DOHC 16V LEV3-SULEV30 1.6...
Features and Specs:
48 Combined MPG (49 City/47 Highway)
Listing Information:
VIN: KNDCR3LF3S5267112
Stock: KA10649
Listed since: 03-14-2025 - Exterior color: Runway RedRunway Red
- Interior color: Charcoal leatherette/clothCharcoal leatherette/cloth
- 33 mi est. electric range
- 5 Seats, 49 City / 47 Hwy MPG
- Werner Kia Tallahassee (761 mi away)(21)
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Located in Tallahassee, FL / 761 miles away from Waco, TX
Recent Arrival! Red 2025 Kia Niro Plug-In Hybrid EX 1.6L I4 DGI Hybrid DOHC 16V LEV3-SULEV30 6-Speed Dual Clutch FWD53/54 City/Highway MPGOur indu...
Features and Specs:
48 Combined MPG (49 City/47 Highway)
Listing Information:
VIN: KNDCS3LF4S5297451
Stock: S5297451
Listed since: 09-16-2025- Exterior color: Mineral BlueMineral Blue
- Interior color: Charcoal leatherette/clothCharcoal leatherette/cloth
- 33 mi est. electric range
- 5 Seats, 49 City / 47 Hwy MPG
- University Kia (1,084 mi away)
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Located in Durham, NC / 1,084 miles away from Waco, TX
Mineral Blue 2025 Kia Niro Plug-In Hybrid EX FWD 6-Speed Dual Clutch 1.6L I4 DGI Hybrid DOHC 16V LEV3-SULEV30 1.6L I4 DGI Hybrid DOHC 16V LEV3-SULEV30...
Features and Specs:
48 Combined MPG (49 City/47 Highway)
Listing Information:
VIN: KNDCS3LF8S5306216
Stock: 34411
Listed since: 09-24-2025- Exterior color: Graphite GrayGraphite Gray
- Interior color: Charcoal leatheretteCharcoal leatherette
- 31 mi est. electric range
- 5 Seats
- Covina Kia (1,215 mi away)(2)
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Located in Covina, CA / 1,215 miles away from Waco, TX
Introducing the **2024 Kia Niro Plug-In Hybrid SX Touring**! This remarkable vehicle merges efficiency with cutting-edge technology, making it an exce...
Features and Specs:
Listing Information:
VIN: KNDCR3LF0R5207704
Stock: K18706
Listed since: 09-11-2024- Exterior color: Snow White PearlSnow White Pearl
- Interior color: Charcoal leatherette/clothCharcoal leatherette/cloth
- 33 mi est. electric range
- 5 Seats
- Turner Kia (1,282 mi away)(3)
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Located in Harrisburg, PA / 1,282 miles away from Waco, TX
2024 Kia Niro Plug-In Hybrid EX Snow White Pearl 2024 Kia Niro Plug-In Hybrid EX FWD 6-Speed Dual Clutch 1.6L I4 DGI Hybrid DOHC 16V LEV3-SULEV30 1.6L...
Features and Specs:
Listing Information:
VIN: KNDCS3LF9R5205373
Stock: K24658
Listed since: 09-24-2024
Consumer Reviews for the Kia Niro Plug-In Hybrid
Excellent Mileage & Value
More about the Kia Niro Plug-In Hybrid
How much does it cost to lease a Kia Niro Plug-In Hybrid in Waco, TX?
- A Kia Niro Plug-In Hybrid lease in Waco, TX starts at about $300 and runs up to $402. Keep in mind that these are estimates and the prices can vary based on a number of factors such as trim level, options, down payment, and length of the lease.
How much does it cost to lease a Kia Niro Plug-In Hybrid 2025 in Waco, TX?
- It costs between $300 and $402 to lease a Kia Niro Plug-In Hybrid 2025 in Waco, TX. Note that these are estimates, and the pricing can change based on the vehicle's trim level, installed options, and aspects of the lease such as the down payment, money factor and the lease term.