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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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#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)
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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.
#250 of 544
Re: Help verify my pricing before I buy? [caseybea] by caseybea
May 10, 2006 (10:47 am)
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Replying to: caseybea (May 05, 2006 7:15 am)

OK, I have an update. I gave up on the prior dealer, I was NOT happy that the van I was seeking was going to have something like 200+ miles on it, because they had to drive it up from Illinois, AND pay the higher "marketing" besides. I went to another dealer, and this is what I have in front of me-- any/all comments appreciated.
 
2006 Sedona, EX (no other options)
 
Cost: $23,400.90
Marketing: $ 474.00
Destination: $ 670.00
Dealer svc fee: $ 99.00
Tax: $ 1,380.06
Title/lic: $ 64.50
Rebate: -$ 2,000.00
Total: $24,088.46
Total: (before tax/title): $22,643.90)
 
Phrased differently, the offer I have is basically $300 under "invoice" ($299.10), plus standard mkt/dest/fees that I've seen elsewhere. MSRP for this vehicle is $26,265.00.
 
Comments? (and this vehicle only has 30 miles, which is way better).
#251 of 544
Re: Help verify my pricing before I buy? [caseybea] by dc_driver
May 10, 2006 (12:48 pm)
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Replying to: caseybea (May 10, 2006 10:47 am)

This looks like a good deal to me. Although, in my area, the Hyundai Entourage (which is supposed to be slightly nicer than the Sedona) is already selling for almost 1K under invoice with no rebates.
 
link Fitzmall
 
I have always tried to negotiate as close to invoice pricing as possible, BEFORE, any rebates or incentives. Also, Edmunds lists the invoice of the 06 Kia Sedona EX (no options) as $24,370 (this price includes freight). Not sure why your numbers are different, but if you can get the Sedona EX for $22,643 (this number appears to include everything but TTL) then it seems like a good deal to me.
#252 of 544
Thanks by caseybea
May 10, 2006 (1:08 pm)
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Thanks for confirming. Yep- the $24,370 includes the $670 destination I listed separately. I feel it's a good deal too, I'm gonna tell them I'll pick it up Friday. When we were there last night, they tried convincing my wife to have us buy the "paint protection" and "undercoating" packages. Ugh! If the 2006/2005 were super similar, I'd get one of the 05's they're practically giving away. But, the '06 is in my opinion really nice with enough stuff to warrant it for me. TYhe 100,000 mile powertrain warranty has me sold. (If Honda's vans are so good, why don't THEY do that?)
 
I am going to insist they leave the factory plastic on the carpet and seats, and scotchgard the cloth surfaces myself when I get home and all the surfaces are still pristine. Seems absolutely insane to spend near $1,000 to have them do what I can do for 10 bucks.
 
As far as 'undercoating' goes-- I can see some value in doing that (again, NOT at a dealership)- anyone used aftermarket products that can (for example) be applied by my mechanic while it's up on a lift? I live in Wisconsin, so there is a fair amount of road salt to worry about sometimes...
#253 of 544
Re: Thanks [caseybea] by dc_driver
May 10, 2006 (5:25 pm)
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Replying to: caseybea (May 10, 2006 1:08 pm)

The nice thing is that you did your homework and are not getting ripped off. I am sure that people will be paying less for these vans in the next 6-12 months when Kia offers bigger discounts, but you are getting your van well under invoice
 
The 06 Sedona is light years ahead of the 05 Sedona in so many ways (power, MPG, safety, features, interior space, etc), you did the right thing going with the 06. My local dealer was also practically giving away the 05's, and it did not seem like people were very interested.
 
DO NOT get the paint protection or undercoating. I have purchased about eight brand new vehicles in my life and have NEVER purchased any of these dealer scams.
 
Congrats! Keep everyone posted on your new van.
#254 of 544
Re: Thanks [dc_driver] by caseybea
May 10, 2006 (6:59 pm)
Reply

Replying to: dc_driver (May 10, 2006 5:25 pm)

"I am sure that people will be paying less for these vans in the next 6-12 months when Kia offers bigger discounts, but you are getting your van well under invoice.."
 
Agreed 100%. I *always* buy my vehicles (not that I've bought many- 4? 5?) in the Fall, when there are always tons of sizeable rebates, etc. Sadly, I cannot wait, as I need a vehicle now. Thanks for confirming my dollar figures above. Also, thanks for confirming my thoughts about not getting the dealer add-on moneymakers...
#255 of 544
Re: Thanks [caseybea] by dc_driver
May 10, 2006 (7:26 pm)
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Replying to: caseybea (May 10, 2006 6:59 pm)

Your welcome
 
Even though I bought an Odyssey a few weeks ago, I am impressed with the Kia/Hyundai vans.
 
As fast as these vans are getting, maybe we can drag race sometime and see which van comes out on top
#256 of 544
Picked up my van last night by caseybea
May 13, 2006 (10:59 am)
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Got it last night - Sedona EX (Red). See my recent earlier post regarding exactly what I paid. No surprises - they of course wanted to sell the protection package(s), but didn't push it too hard - my sales guy KNEW my answer already.
 
Only downside: I discovered while preparing to leave, that the driver-side sliding door does not "click and stay open" like it should- the little latch/switch doesn't work. Meanwhile, the sales guy was pressing me to give him top scores on the Kia survey........ (it's so pitiful to hear the survey sob story..).
 
I ended up telling him that I'd be MUCH happier doing the survey if he could arrange for a free oil change or two (hey, 40 bucks is 40 bucks) since I was leaving the lot with a new vehicle that had an issue (and I would have to find time to come back and have it dealt with). I got what I needed- now just gotta find time to go back there and have them tweak or replace the switch so it works (no charge, of course). Was that a huge financial victory? Certainly not, but it was the principle of the thing.
 
Anyway, the sales dude earned 10 stars anyway because overall, he was VERY knowledgeable about the vehicle when I was first looking at it, and best of all, he wasn't pushy- you have no idea how much that turns me off. He knew I was well-prepared, and we got along fine.
 
Thus far, I'm incredibly happy with the vehicle- I programmed the homelink transmitter to open my garage last night- pretty cool feature......

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