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Kia Sedona Prices Paid and Buying Experience

544 messages,  Last post on Oct 23, 2009 at 2:04 PM

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What is this discussion about? Kia Sedona, Van


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#240 of 544
Re: Please help with input on 2006 models [ne03sedona] by tdoughty
Apr 20, 2006 (1:10 pm)
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Replying to: ne03sedona (Apr 19, 2006 8:37 pm)

I bought a 2005 in January, and in our opinion, stole it from the dealer. We are paying $350/month and it was on the lot with the wrapping paper from the plant. It is LX with leather and all the goodies. I looked at the 2006, and other than the electric sliding doors, felt this was the better deal. We got it marked $7,000 of sticker and they offered an amount on our trade in of a 1994 Passport that was on its last leg. If the 2003 can hold out, wait until the end of the year, then strike a deal on a 2006.
#241 of 544
Re: EX or LX prices in DFW area [geraldo_rivera] by smulvey
Apr 20, 2006 (2:18 pm)
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Replying to: geraldo_rivera (Apr 11, 2006 5:41 pm)

I think you will find that the 2005 unit is being sold with a large discount of $ 5000. You can go to the Kia.com website to find a list of Kia Dealers. You can also call the Irvine office of Kia in California and ask for the name of the Regional Manager for Kia in your area. Then If you speak to that person , they can advise you where they would make a car available for you to buy. The regional person is in charge of all the sale and service in that area. Good Luck. My Sedona has 72K miles on it and it works well.
#242 of 544
Re: Please help with input on 2006 models [hrngffcr] by dc_driver
May 01, 2006 (8:36 am)
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Replying to: hrngffcr (Apr 20, 2006 10:38 am)

This is very good advice. There will always be a new and better model, and based on your post it does not sound like this is a "must have" van right now. To me, it sounds more like an impulse buy, and one that could be quite costly.
 
If you wait 6-12 months you should see the new Sedona's drop even further in price, while at the same time, your van has already done most of its depreciation. Also never negotiate your trade-in until after you negotiate the lowest price of the new van. I have also found end of month to be the best time to negotiate as dealers will sometimes sell vans cheaper than normal to meet sales quotas.
#243 of 544
Decided to wait it out.... by ne03sedona
May 02, 2006 (7:50 am)
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Hi back and thanks for all the input. I have indeed decided to wait at least till this time next year. You are right, this was an impulse thought, along with slick saleman jargon. Also, by the end of the year my 03 will be paid off. A huge bit of leverage there and I will still be under 35k miles!! Im thinking perhaps a left over 2006 in the next spring. It was a very hard decision, as I chewed them down to $26k/3.9% for EX with power and leather but no entertainment (not needed or wanted). I kept saying no, and then they would call with a better deal yet. Last call was they would throw in lifetime tires! Nice, but irrelevant to me as I drive so little, they would rot before they would wear out the tread. So for all of you trying to get one, KEEP SAYING NO! If they drop you, move on to another dealer. I personally have 3 KIA dealers within 22 miles. Good luck and all these posts really do help!
#244 of 544
Help verify my pricing before I buy? by caseybea
May 05, 2006 (7:15 am)
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Hi! I'm considering a 2006 base EX (no extra packages) for purchase. Superb minivan. I love the drive, and the warranty is just fantastic. (My current van- Grand Voyager with 140,000 miles!) I'd like comments from anyone on this deal - I have it in writing from my dealership:
 
Sedona EX (base, no extras) 23,700 ("invoice" price)
"marketing allowance" 711 (3%)
Destination Charge 670
"Dealer Service Fee" 79
Subtotal: 25,081
tax (Wisconsin) 1,408
Subtotal: 26,598
Add: DMV/license 65
Subtract: COMPETITIVE REBATE -2,000
 
Grand Total (includes tax, license, etc): 24,633
 
The "marketing allowance" varies by location; in Wisconsin it's 2%, in other states it's 3% (like Illinois). I am told the vehicle I seek (a red one) is only availbale from another dealership who obtained it (dealer exchange) for one in illinois-- thus the slightly higher marketing cost thing (3% instead of 2%) based on where the car originated, and not where I am.
 
I am also told the "competitive rebate" can only be applied after taxes and such are calculated. (this makes a difference of -$112).
 
  Comments? Anyone feel I have more negotiating room, or am I "there" already? Dealer is located in Wauwatosa, WI on mayfair road. I feel it's not a bad deal, but I want to compare with other people's buying experiences....
 
(And no, I'm not trading in the van-- gonna sell it privately)
#245 of 544
Re: Help verify my pricing before I buy? [caseybea] by bluedevils
May 05, 2006 (11:06 am)
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Replying to: caseybea (May 05, 2006 7:15 am)

Did you check kia.com or Edmunds or other sites for current rebates? The 2006 Sedona has a $1,000 rebate plus 3.9% APR financing in Michigan. I checked it today-- looks like this promo is valid thru 5/31/06.
#246 of 544
Re: Help verify my pricing before I buy? [bluedevils] by dc_driver
May 05, 2006 (11:23 am)
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Replying to: bluedevils (May 05, 2006 11:06 am)

Caseybea,
 
  bluedevies is right. I just checked Kia.com and you can receive both the "Competitive Bonus" rebate as well $1000 AND 3.9% finance rebate through Kia (if you qualify)...
 
link Kia Special Offer
 
I copied this from their website as well:
• Customers qualifying for the Sedona Competitive Bonus Program are eligible to utilize the APR Program.
 
So, you should definitely have some more negotiating room. BTW, 3.9% is a good rate. I shopped around and rates are going up...
#247 of 544
Re: Help verify my pricing before I buy? [dc_driver] by caseybea
May 05, 2006 (6:20 pm)
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Replying to: dc_driver (May 05, 2006 11:23 am)

Hi- thanks for the tip- but I won't be financing the vehicle. I have a special fund that matured, and I'm simply going to use that and buy the car outright. I'll still set aside $500 a month to replenish the fund- "paid off" in 4 years. Each month my $500 'payment' is GETTING interest, not losing it. So yes, while the $1000 and 3.9% is attractive, it only applies to financing......
 
I did consider for a moment that I could finance it through KIA, and then just pay it off right away. Looks like they thought of that, as it also says "KMFC/HMFC Bonus Cash will be paid with monthly dealer participation". This means they'll take the $1000 and divide it by the number of months of payments. Pay it off early? You don't get the full $1K.... whoops! Smart....
 
Anyway, I have an update to the deal above-- I basically ended up taking offer #1 and went back to the dealer I started with (it's like throwing two pit bulls in a room-- hilarious, if you think about it). The offer from this last phone call was over $600 less than the one I quoted above. I emailed them the *exact* figures from my first quote- and then got a phone call from their Kia manager a few hours later. Got, I love the internet. No haggling in person (which I detest).
 
Phrased differently, I've got an offer for the Kia I want (Sedona EX) for $600 under 'invoice', and then an extra $2,000 off for that competitive rebate. Do you folks agree that's a good deal? (I think so.....)
#248 of 544
Re: Please help with input on 2006 models [ne03sedona] by caseybea
May 05, 2006 (6:28 pm)
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Replying to: ne03sedona (Apr 19, 2006 8:37 pm)

"Hi,
Im hoping someone can shake some sense into me. I have my 2003 EX with 33000 miles that I am thinking of trading"......
 
*OUCH*.
 
With your finance figures above- I would not recommend going with that deal. You're over your head with the car you have now, and my only real recommendation is to stick with the car you have.
 
My general advice on car buying is simple- if you want to purchase the vehicle, it only makes financial sense if you drive it until the wheels fall off. I have a 2000 Grand Voyager that's just about there-- 140,000 miles. I bought it in 1999 and it was paid off in the Fall of 2004. I've had a year and a half of ZERO car payments, money I normally would have used I set aside for my next vehicle (my Sedona ex!!). I plan to sell it soon, and I'll easily land $4K for it, perhaps a bit more. If you buy a car, be prepared to love it a really long time.... Yes, the new Sedona is a cool car. But sit down at a quiet place and do the math......
 
On the other hand, if you really need to keep switching cars every 3 years- then you're better off leasing (in most but not all cases).
#249 of 544
Re: Help verify my pricing before I buy? [caseybea] by bluedevils
May 05, 2006 (6:44 pm)
Reply

Replying to: caseybea (May 05, 2006 6:20 pm)

[i]I did consider for a moment that I could finance it through KIA, and then just pay it off right away. Looks like they thought of that, as it also says "KMFC/HMFC Bonus Cash will be paid with monthly dealer participation". This means they'll take the $1000 and divide it by the number of months of payments. Pay it off early? You don't get the full $1K.... whoops! Smart.... [/i]
 
I don't necessarily think that's what it means. Did you contact Kia's financial division for clarification? I wouldn't trust a dealer employee to know.

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