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Kia Sportage 2005 and newer

695 messages, Last post on Nov 08, 2009 at 9:16 PM
You are in the Kia Sportage Forum. Your Hosts are steve_ & tidester
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Replying to: backy (Jul 06, 2008 3:17 pm)
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Replying to: jamieanne (Jul 06, 2008 3:34 pm) I am in penny-pinching mode on this vehicle and frankly the LX has everything we'd want, except remote locking. But I'm not going to buy an EX V6 just to get that. My first minivan was a '91 Caravan, 2.5L I4, 100 hp, pulling a little more weight than the Sportage I4 does with 140 hp. So the I4 will do. Will get a little better fuel economy than the V6 also. My middle son will get his license this fall, and this will be my wife's around-town daily driver, so safety is the main concern. One thing we like about the Sportage is all the leg room in back, and the reclining rear seats with center armrest. It should be a pretty nice highway cruiser for the few times we take long trips. It seems you have found that to be the case. How long are the trips you've taken in your Sportage?
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Replying to: backy (Jul 06, 2008 4:32 pm) Forbes
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Replying to: steve_ (Jul 06, 2008 5:49 pm) The drop in Sportage sales is probably why there are big incentives--$2500 rebate plus $500 competitive bonus. And a really good lease deal--0.00065 money factor for 36 months. Remember back a couple of years ago when the discussion here was about the dearth of discounts on the Sportage? Not any more!
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Replying to: backy (Jul 06, 2008 5:58 pm)
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Replying to: steve_ (Jul 06, 2008 7:27 pm) |
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I just bought a Kia 4 cyl LX model ( with in built parrot bluetooth ). I was in a hurry to get a car and I think I did not negotiate well. All in all I got the following deal wondering if anyone can confirm my fears or comfort me cause I feel like shit on paying more Now my credit score is good 705 ( not excellent but good). But my credit has been built only in an year (since I have been to US only about 2 yrs now). I have never bought a car in states before... Model WHite 2008 sportage LX MRP was about 20000 Sate California Down payment 5500 Monthly payment for 5 years $235 Also wondering what is a typical per year depreciation on Kia cars. Waiting eagerly for your answers |
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Replying to: archstone1 (Jul 12, 2008 12:15 am) Typical depreciation on Kias is... well, not very good. Although I checked on resale values of 2005+ Sportages in my area and they seem to be holding up reasonably well. Depreciation for the first couple of years on ANY new car is pretty steep. So plan on enjoying your Sportage for a few years. |
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Replying to: backy (Jul 12, 2008 4:34 am) Thanks for the reply. Maybe I should have shared more details. This was a purchase. I plan to sell the car in 2 years. I was not getting a 2 year lease on Sportage so ended up financing the car. As per the papers I thought I was getting a 6% simple interest over a period of 5 years. Am I right? I am also hoping to sell the car in 2010 and hoping for a worst case selling price of 11k. And you are right...as per craigslist the resale value of 05-07 models are holding up pretty well.
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Replying to: archstone1 (Jul 12, 2008 10:42 am) What was the amount financed? What was the sales price of the car including destination charge but before any taxes, license, or other fees? The finance contract you signed should have all the details including the interest rate. If it is in fact 6%, then it appears you did not get much of a discount. If all you expect to get after two years is 11k and you keep it in good condition and don't drive a lot of miles, I think you have a decent chance to do that, for a private-party sale at least. Unfortunately, in two years an all-new Sportage might be out. |
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