Base price for the Sorento PHEV will be $46,165 in the US
Plug-in hybrid versions will be $5,000 more expensive than comparable gasoline models
Prices for Canada are still unknown
Kia has released pricing for its 2022 Sorento Plug-in hybrid in the United States. Prices for Canada have yet to be communicated but they should follow the same pattern.
Kia’s latest order guide features prices for the PHEV which hadn’t been revealed previously. According to this guide, the base price for a Sorento PHEV in the US will be $46,165, which makes it about $5,000 more expensive than a comparably equipped gasoline powered version.
Even if this increase seams justifiable because of the addition of 32 miles (51 kilometers) of electric-only range and the better fuel economy that comes with it, the Sorento PHEV will be pretty expensive, especially when compared to the related Hyundai Santa Fe PHEV which sells for roughly $5,000 less.
Something that could help the Sorento PHEV is government incentives, which it qualifies for in California and some other states.
These rebates can actually make the well-equipped Sorento SX AWD PHEV cheaper than the more basic Sorento S AWD hybrid.
Nothing has been said about prices in Canada, but they are expected to follow a similar logic, meaning the Plug-in hybrid variants of the Sorento should be about $5000-$6000 more expensive than comparably equipped gasoline powered models.
Unfortunately, a base price that is expected to be well over $50,000 in Canada means the Sorento PHEV will probably not qualify for federal and provincial incentives, which could result in slower sales.