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Prices Paid: Buying & Leasing Experiences Kia Sedona Prices Paid and Buying Experience
466 messages, Last post on Aug 05, 2008 at 9:16 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Messages on these boards which do not include accurate information about trade-ins and dealer add-ons are pretty much useless. Make the boards valuable to shoppers. Here's how: First things first... State the actual bottom line MSRP of the new car, as shown on the official, federal government mandated window (Monroney) sticker, which will include all factory and port installed standard and optional equipment and the destination or transportation charge. If you traded in a car, let us know, according to the Kelley Blue Book, the condition evaluation and trade-in value of the car you traded. Tell us the mileage of your trade-in. State the trade-in $ amount actually allowed on your sale contract. Then, list details and prices for all dealer installed options and any included (free?) maintenance or oil changes or extended warranties, wax jobs, pin striping, paint or fabric protection packages, Scotchgard, window tinting, "additional dealer markup", "market adjustment", "dealer preparation", or any other amounts which were a part of the deal. These items are DEALER PACS and nearly pure profit to the dealer. They are often itemized on an official looking, but totally unnecessary, addendum window sticker attached to and styled much like the official government required MSRP window sticker. Also indicate the amount of the "document fee" charged by the dealer for writing up and sending in paperwork done inside the dealership to ensure ownership is properly transferred, thereby completing the sale to protect the dealer. (This is actually just business overhead expense, similar to salesman commissions and the building's electric bill. As such, it is bogus, but most dealers get away billing the customer for it anyway. Truly, it is additional dealer profit.) It is not really necessary to itemize government charges such as registration, license plate, or EPA tire fees since dealers cannot negotiate these amounts anyway. Actually, the government is just using the dealers as tax collectors here. Finally, tell us about all rebates, incentives or subsidized financing which applied to your deal. If you posted your deals earlier, please post a correction to include the above information. If you are going to post your deal in the future, please include all the above info in your post. Thanks.
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Brand new 2004 Sedona EX with anti-lock brakes and sunroof and dealer-installed integrated DVD entertainment system, window tint, and pinstripe. MSRP was $ 24,020 without dealer installed options. The DVD was an additional $799, window tint $299, pinstripe $299 so full dealer sticker price was $ 25,417. That was not my purchase price. September 2004 purchase price was $ 16,700 including all items listed above. That does not include tax, license, nor the $350 document fee. (As part of the $16,700, I figure I paid $100 for the window tint and $40 for the pinstripe.) To complete the deal, I also bought a service contract for an additional $180. It prepays up to 12 oil and filter changes available during the first 36 months of ownership. $15 for each dealership oil change seemed like a good deal to me. There was no trade-in. Rebates totalling $4500 were assigned to the dealer to arrive at the $16,700 price. Anyone get a better deal?
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Replying to: aaf (Feb 10, 2005 4:28 am) |
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Replying to: averigejoe (Jul 14, 2005 3:08 am) Personally, I don't care if the dealer has a doc fee or not. For me, it is part of the TOTAL PRICE, and that is what I'm interested in. I won't demand that they remove it, but ff they want to add a big doc fee into the deal, then the rest of the price better be good enough to make up for it. |
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Replying to: averigejoe (Jul 14, 2005 2:07 am) Generally, members are looking for the model, what options the buyer selected, and the price paid (not including tax, title, license or trade-in) and WHERE the vehicle was purchased. Mandating that members include all of the information above sure would limit the number of members who are willing to post information about their deals, and we are grateful to members who take the time to share any info they can. kirstie_h Roving Host Host, Future Vehicles & Smart Shopper discussions
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Replying to: bluedevils (Jul 14, 2005 5:40 am) $ 16,560 is not misleading since the qualifications are included and explained. Of course, you have to read the post to understand it all. The title is accurate. All necessary info is included in the body text. I itemized doc fee to show how the price of the car was padded by the dealer. A charge for no added value. I thought some readers might be interested in that too. No nits here.
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Replying to: averigejoe (Jul 14, 2005 12:22 pm) Some people won't bother to read all the text in a long post such as yours. They will see $16,560 and think that is what you paid for your Sedona, when you actually paid $17,050 + tax/title/license.
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Replying to: kirstie_h (Jul 14, 2005 7:58 am) I am just a reader and sometimes poster making a suggestion. It is my wish list. But, if more people would include all pertinent information the board would be more meaningful and useful, that's all. Please forgive me all of you with ruffled feathers. And, please do continue to post in whatever manner you choose. Thanks. |
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