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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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#355 of 544
Re: How did I do on my new Sedona [philtymcnasty] by cars4mike
Jan 06, 2007 (7:03 am)
Reply

Replying to: philtymcnasty (Jan 05, 2007 7:10 pm)

Looks like there are lots of LX's out there now. Gateway Kia in Quakertown, PA has an ad in today's (1/6) paper for 14,907. No mention that it is a demo, of cash or trade needed, or of "must finance through dealer" in the disclaimer, just all rebates and incentives to dealer. Probably a catch, but still indicative of great deals out there now.
#356 of 544
Re: How did I do on my new Sedona [cars4mike] by dbt
Jan 08, 2007 (9:45 am)
Reply

Replying to: cars4mike (Jan 06, 2007 7:03 am)

Looks like there are lots of LX's out there now. Gateway Kia in Quakertown, PA has an ad in today's (1/6) paper for 14,907. No mention that it is a demo, of cash or trade needed, or of "must finance through dealer" in the disclaimer, just all rebates and incentives to dealer. Probably a catch, but still indicative of great deals out there now.
 
Here's the ad itself. Looks like a great deal. Dealers in my area are at about $17,500.
 
Gateway Kia ad
#357 of 544
Re: How did I do on my new Sedona [dbt] by typer_801
Jan 08, 2007 (8:04 pm)
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Replying to: dbt (Jan 08, 2007 9:45 am)

I thought I was getting a good deal when my local dealer verbally accepted an offer $7000 off a new EX ($4K rebate, $3K discount), but with the Quakertown Kia deal above, I'm wondering if I left money on the table. $14900 is a steal!!!
#358 of 544
Re: How did I do on my new Sedona [typer_801] by jjburak
Jan 09, 2007 (10:53 am)
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Replying to: typer_801 (Jan 08, 2007 8:04 pm)

I actually called the Quakertown dealer. The Sedona for $14,900 is a program car. I did not ask him how many miles.
 
Nationwide Kia in Baltimore has an ad that I'm skeptical about. They have a $24.035 MSRP Sedona that they raised to 28,189 cause of so called dealer addons. Now they are offering $4000 rebate, a $6000 Nationwide Discount and a $6000 guarantee trade in which brings it down to about $12,200. Anyone ever seem something like this?
#359 of 544
Anatomy of Sedona Pricing & Discounts by typer_801
Jan 12, 2007 (10:34 am)
Reply

Replying to: jjburak (Jan 09, 2007 10:53 am)

I've been trying to figure out how dealers could discount the new Sedona's so much, so I decided to itemize everything based on the conversations I've had with the Sales Manager at one dealership to show what the lowest possible price one could get with the dealership not loosing money on the deal (just breaking even).
 
This should provide you the ability to better negotiate a deal on a remaining 2006 model. It helped my get my base EX for $7405 off MSRP. Here goes...
 
2006 Kia Sedona EX Pricing Anatomy
Basic Pricing
 $26,495 Total MSRP
 $700 Destination
 $25,795 MSRP (excl Dest)
 $24,333 Invoice (excl Dest)
 
Incentives
 $(4,000) Factory Rebate
 $(1,000) Factory to Dealer Incentive (unpublished)
$(5,000) Total Guaranteed Incentives
 $(750) Factory to Dealer Spiff per Unit over Quota (unpublished)
$(5,750) Total Potential Incentives

Dealer Discounts -- Maximum Discounts Dealers can make and still "break even"
 $(1,462) Invoice Discount (base MSRP minus Base Invoice)
 $(730) Dealer Holdback Discount (3% of base Invoice)
 $(213) Optional (Finance Discount for using dealer financing)
$(2,405) Maximum Dealer Discount

Theoretical Best Price
 $26,495 MSRP
 $(5,000) Guaranteed Incentives
 $(2,405) Dealer Discount
 $(7,405) Total Discount
$19,090 Best Consumer Price w/o ($750) Spiff
$18,340 Best Consumer Price w/($750) Spiff
#360 of 544
Re: Anatomy of Sedona Pricing & Discounts [typer_801] by dbt
Jan 12, 2007 (2:22 pm)
Reply

Replying to: typer_801 (Jan 12, 2007 10:34 am)

typer_801,
Thanks for the info on the extra $1k incentive and the $750 spiff. I had gotten quotes more than $5k below invoice, and that helps explain it.
#361 of 544
Re: Anatomy of Sedona Pricing & Discounts [typer_801] by cars4mike
Jan 13, 2007 (6:48 am)
Reply

Replying to: typer_801 (Jan 12, 2007 10:34 am)

Great research. Maybe you can start your own site. Anyone else wondering "Where the hell is Edmunds" on this stuff"?
 
Looks like I could have scored an EX for just pennies more (if not the same) than the LX price I paid. Next time, I'll know to dig a little deeper. I have always said in this thread that I don't mind if the dealer makes a profit as long as I don't leave a lot of money on the table. It appears I missed my mark...
#362 of 544
Re: How did I do on my new Sedona [typer_801] by cdherman
Jan 14, 2007 (1:37 pm)
Reply

Replying to: typer_801 (Jan 08, 2007 8:04 pm)

I am in KC. I am slated to buy a base model LX, with no other options for $17000 tomorrow. No futher fees, at least from dealer.
 
I went into the process thnking that 18k would be a decent deal. I got cold feet when I learned that the Sedona I wanted was made in 2/06, so some of the fixes (see the TSB on KIA websites) may still need to be done. I usually hate buying a vehicle the first year out.
 
But the dealer seemed to want to deal, and he dropped his price to $17,000 quite readily.
 
I think the deals you hear of for $15,000 or less are likely to have a whole lot of strings attached......
 
I wish I knew if the 06 Sedona is going to be reliable over time. I don't care a wit about resale, as I will drive it for 8-10 years. But I hope I don't need to use the warranty too often....
#363 of 544
Re: How did I do on my new Sedona [cdherman] by dbt
Jan 15, 2007 (8:53 am)
Reply

Replying to: cdherman (Jan 14, 2007 1:37 pm)

I am in KC. I am slated to buy a base model LX, with no other options for $17000 tomorrow. No futher fees, at least from dealer.
I went into the process thnking that 18k would be a decent deal. I got cold feet when I learned that the Sedona I wanted was made in 2/06, so some of the fixes (see the TSB on KIA websites) may still need to be done. I usually hate buying a vehicle the first year out.
But the dealer seemed to want to deal, and he dropped his price to $17,000 quite readily.

 
 That's about the range I've seen. As per Typer, dealer cost is around 16,2 or 16,3. The ones I've seen have 05/06 build dates. Still have to deal with some TSBs.
#364 of 544
Re: Anatomy of Sedona Pricing & Discounts [typer_801] by ctoner1
Jan 20, 2007 (1:25 pm)
Reply

Replying to: typer_801 (Jan 12, 2007 10:34 am)

Typer,
 
What area of the country are you in and what dealership did you use? Thanks

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