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1 Do not use for advertising. Dealer internal distribution only. Q3 Lease Pull Ahead Program Program Period: July 1 st September 30 th, 2015 Pull Ahead Vehicles: Optima, Soul, Sportage, and Sorento For qualifying Kia Motors Finance (KMF) customers leasing or purchasing a new Kia financed by KMF: KMF will waive up to: 3 Payments on current KMF lease + KMF will waive: $400 Disposition Fee Eligible Customer Maturities and KMF Communication Schedule Select customers will be eligible for this program by phases based on their maturity date. Customers who remain eligible at the conclusion of one phase will be rolled into the next phase. The lead list will be refreshed at the beginning of the month. Phase Eligible Maturities Leads on Dealer Access KMF Customer Campaign Dates 1 August 1 st October 31 st 6/30 7/1 2 September 1 st November 30 th 7/30 7/31 3 October 1 st December 31 st 8/31 9/1 FIND YOUR LEADS Visit the Lease Prospects/Leads page under the Lead Management tab on Dealer Access to find your Q3 Pull Ahead leads. The lead list will be refreshed at the beginning of each month to include new eligible customers based on maturity. CLAIM FORM REQUIRED FOR ALL PULL AHEAD CUSTOMERS: For customers participating in the Pull Ahead program, dealer must ground the vehicle in Kia Dealer Direct and complete and submit the Pull Ahead Claim Form on Dealer Access in order to ensure that the customer s eligible monthly payments and applicable fees are waived. See page 3 for more information or contact your Business Development Managers with questions. See following pages for complete program guidelines and additional details. M

2 Q3 Lease Pull Ahead Program Program Period: July 1 st September 30 th, 2015 Pull Ahead Vehicles: Optima, Soul, Sportage, and Sorento PROGRAM OVERVIEW AND GUIDELINES For eligible Optima, Soul, Sportage, and Sorento lease customers, KMF will waive up to three (3) remaining payments on current lease when customer leases or purchases a new Kia financed by KMF. Eligible customers also receive a waiver of the $400 Disposition Fee when terminating their existing lease and are allowed their full contract mileage on the existing lease. Eligible Lease Maturities: Phase 1: August 1 October 31, 2015 Phase 2: September 1 November 30, 2015 Phase 3: October 1 December 31, 2015 The existing KMF lease customer must have three or fewer payments remaining and be in good standing with KMF. This program is limited to current KMF lessee or co-lessee only. Customer must take delivery of any new Kia by September 30, 2015 and lease or purchase the new vehicle through KMF and contracts must be funded by October 15, Eligibility limited to one lease vehicle per returning customer. Pull Ahead Leads can be obtained on Dealer Access (see more on page 4). Note that only accounts originated at your dealership will be available on the list and only select customers are eligible for this Pull Ahead program. No exceptions will be made. PROGRAM REQUIREMENTS 1. Pull Ahead Claim Form must be completed for returned lease. This electronic form is located on Dealer Access on the Pull Ahead Leads page. 2. Dealer must ground lease return immediately through Dealer Direct at kmfdd.com. 3. Eligible customers must qualify for the new financing based on KMF s current credit guidelines. Credit tiers and terms are specified in KMF Marketing Bulletins based on program. ELIGIBLE VEHICLES New Kia (lease/retail) with less than 1,000 miles and untitled dealer demonstrators with up to 6,000 miles. For leases, residual value must be reduced by 15 cents per mile for vehicle mileage in excess of 500 miles. PROGRAM COMPATIBILITY Q3 Lease Pull Ahead Program may be combined with (if applicable) KMA Owner Loyalty offers and KMF Lease Cash. Lessees utilizing the Pull Ahead benefits may not lease a new vehicle under Plan A, Plan E, or Plan DEPP. KMF reserves the right to cancel program at any time. Program cannot be combined with other programs that need a specific program code in Dealertrack/RouteOne (i.e. College Grad) MAXIMUM TRADE-IN/CAPITALIZED COST REDUCTION Monthly depreciation may not be less than $1.00. Leases with negative monthly depreciation will not be accepted by Kia Motors Finance. 2

3 PULL AHEAD CLAIM FORM (REQUIRED) Dealer must complete and submit the Claim Form available online through Dealer Access. The Pull Ahead Claim Form/List can be found under the Lead Management tab in Dealer Access. KMF will not accept Pull Ahead transactions without a completed Pull Ahead Claim Form. The form must include: Customer name KMF account number Previous vehicle identification number New vehicle identification number Dealer representative TURN-IN VEHICLE GROUNDING Lessee must turn in their existing vehicle prior to leasing or financing a new vehicle under this program. All vehicle turn-ins must be grounded on Kia Dealer Direct within 48 hours, even if the dealer chooses to pay off the lease. Grounded vehicles faxed or otherwise sent in will not be accepted. Please refer to Kia Dealer Lease-End Training, available on Dealer Access, for instructions on the Lease Termination Process. VEHICLE PURCHASE Vehicle payoffs (when applicable) must be processed through Kia Dealer Direct. Grounding dealers will be quoted the gross payoff (Residual Value + Remaining Payments) from Dealer Direct. However, they will have the option to request and purchase the turn-in vehicle at a Market Based Price. Please note that the waived payments will not be deducted to determine the Gross Payoff amount. INSPECTION Once vehicles are grounded through Kia Dealer Direct, an inspection will automatically be scheduled through the inspection company. Inspections are typically scheduled within 3 days of grounding. Vehicles purchased by dealers at the gross payoff amount will not require an inspection. KMF will automatically cancel the inspection in this instance. KMF will not charge customers additional fees for vehicles purchased by dealers at the gross payoff amount. Note: It is important that dealers process the Pull Ahead claim form within Dealer Access and ground the vehicle in Kia Dealer Direct in order to ensure that the customer s eligible monthly payments and applicable fees are waived. If dealers would like to either purchase the grounded vehicle at a Market Based Price or decline to purchase the turn-in, then an inspection will be scheduled through the inspection company. Inspections should occur within 3 days of grounding. Customers will be charged for excess mileage (based on the mileage allowance for the full lease term) and for Excess Wear & Use as determined by the vehicle inspection. FINAL INVOICE Inform customers that they may receive a final invoice on their current lease from KMF that may include: Parking tickets, property tax, late charges, etc. Excess Wear & Use charge Excess mileage The lessee will pay excess mileage charges only if the actual miles at vehicle return exceed the contracted, full-term mileage. Unused mileage will not be refunded. DISPOSITION FEE WAIVER For eligible customers who lease or purchase a new Kia vehicle financed through KMF, KMF will waive the $400 disposition fee if applicable. Please see KMF Program Guidelines for state specific details. EXCESS WEAR & USE AND MILEAGE This program does not eliminate customer liability for Excess Wear & Use or mileage. The turned-in lease vehicle is subject to inspection, and customer may be charged for excess mileage (based on the mileage allowance for the full lease term) and for Excess Wear & Use. If the grounding dealer purchases the vehicle for gross payoff, no Excess Wear & Use or mileage will be assessed. Excess Wear & Use is assessed based on original address as contracted. 3

4 ADDITIONAL CHARGES In addition to the Excess Wear & Use, customer will be responsible for any unpaid lease charges (such as late charges), mileage, outstanding parking tickets, toll violations, and property taxes. ANCILLARY PRODUCTS Customer should review any related optional product coverage purchased with the existing lease for terms and conditions to ensure understanding of the effects of terminating the lease early. KMF accepts no liability for the consequences of any actions taken on behalf of the lessee that may void any related coverage. PREPAYMENTS Prepayments made on the customer s account will not be reimbursed. AUTOPAY CANCELLATION Please remind customers to cancel automatic payments on their terminated lease through KMFusa.com or their financial institution. CUSTOMER LEADS PULL AHEAD LEADS Dealers are encouraged to use Dealer Access to obtain Pull Ahead Leads, including account numbers, phone numbers, existing monthly payment amount, number of remaining payments, and maturity dates. Note that only accounts originated at your dealership will be available on the list. Additionally, customers who have opted-out of disclosure of their personal information will not appear on the Pull Ahead Lease List. Customer leads will be posted by phases based on their maturity dates. Each list will be refreshed at the beginning of the month to remove claimed and terminated accounts. For questions on customer eligibility please contact our Dealer Access Help Desk at (800) or contact your BDM. CUSTOMER ELIGIBILITY TOOL Quickly find out which customers are eligible for this program simply by entering the account number, last 4 digits of account number and last name, VIN, or address. This tool is available under the lead management tab on Dealer Access. 4

5 DEALER CONTACT INFORMATION For general inquiries, please call the KMF Support Dealer Hotline at (866) , Option 6. CUSTOMER COMMUNICATION Sample customer communication. 5 KMF reserves the sole right to interpret its program offers, and to cancel, amend or revoke any program offer in full or in part for any reason at any time without incurring liability. KMF shall not be bound by any previous interpretations made by KMF before or during the program. DEALER UNDERSTANDS AND ACKNOWLEDGES THAT, BY SUBMITTING ANY CLAIM UNDER THIS PROGRAM, DEALER IS SOLELY RESPONSIBLE FOR COMPLIANCE WITH ALL APPLICABLE ADVERTISING AND CONSUMER FINANCE DISCLOSURE LAWS CONCERNING ANY DEALER ADVERTISING OF THIS OFFER.

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