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Kia Sorento Prices Paid and Buying Experience

169 messages,  Last post on May 02, 2008 at 1:19 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Kia Sorento, SUV


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#163 of 169
Re: elmo51... [ivygrnsorento] by himi1
Aug 01, 2007 (7:43 am)
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Replying to: ivygrnsorento (Nov 04, 2003 11:16 am)

Hey I found some pictures oh Kia SUV, larger than Sorento!
Here is the link:
http://www.kia-world.net/index.php/2007/07/28/first-official-images-of-kia-mesa/-
 
http://www.kia-world.net/index.php/2007/08/01/new-hm-official-pictures/
#164 of 169
Just bought one yesterday by skierbri10
Sep 27, 2007 (9:22 am)
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Had an OK buying experience. It wasn't good but it wasn't bad. In the end I got what I wanted, I new Sorrento.
 
Price paid with rebates and TTL was $19,900 It is a White LX 4x4 with floor mats and cargo tray included. No other extras. I thought it was a good deal and the sticker was in the $25,500 range.
 
This was at Osborn Kia in Lakewood Colorado. The Salesman and service guys were good but everyone else at the dealership was lame.
#165 of 169
First Car by carlover20
Oct 13, 2007 (11:36 am)
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I am in high school and am looking for my first car. I want AWD or 4WD because I live in upstate New York. I have been looking at the Honda Pilot and Toyota Highlander. I have recently come across a Kia Sorento. I like the looks of the Kia better than the Honda or the Toyota but am worried because of the bad fuel economy and underpowered V6. I would get the 2004 because that was the year consumer reports said it was reliable. Can anybody give me any advice on which one to get.
#166 of 169
Re: First Car [carlover20] by kyfdx HOST
Oct 14, 2007 (9:28 am)
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Replying to: carlover20 (Oct 13, 2007 11:36 am)

You might also post here: Please help me decide between..., for some more member input.
 
regards,
kyfdx
#168 of 169
Buying a new 2007 SUV in April, 2008 by pesco
Apr 26, 2008 (7:31 pm)
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Hello, thought I'd run this by everybody for some thoughts...
 
I'm looking at a 2007 Kia Sorento EX 4X4 with Luxury option package. It is a demo with 5200 miles.
 
They want to sell it for $28k, minus $3k rebate. I thought it was pretty laughable. I think I could probably get a 2008 for this.
 
On sites like Edmunds I can't get a TMV amount for a new 2007 vehicle. And there aren't any values for Certified Used 2007's.
 
It seems like there should be a deep discount on a car that's last year's model (especially since the 2009's are about 3-4 months away) and since it was a demo car that has over 5k miles on it, it's just hard to know exactly how deep a discount it should get.
 
So here's my math, I want to see what people think:
 
2008 Kia Sorento (NOTE, 2008!)
National Base Price: 24,790
Optional Equipment: 2,760
Destination Charge: 700
Total for 2008 with options: 28250
 
Subtract depreciation (10%, pulled out of the air): 2,800
Subtract mileage ($0.15/mi): 750
Subtract Cash back from Mfr: 3,000
Total adjusted total for 2007 model: 21,700
 
Thanks for any feedback.
#169 of 169
Re: Buying a new 2007 SUV in April, 2008 [pesco] by cheapengineer
May 02, 2008 (1:19 pm)
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Replying to: pesco (Apr 26, 2008 7:31 pm)

Okay, so I bought a 2006 Sorento demo (never titled) with all of the bells and whistles in May of 2007 with 5200 miles. This is the same as your situation, just a year later....
 
Sticker: $31355
Rebate to Dealer: - 4500
Net 26855
Price paid w/o TTL 20800
Net discount $6055
 
Basically I got 22.5% off the sticker price after adjusting for the rebate. Using the same math, a similar deal would put your 2007 at $19557. Be sure to check the internet for the official KIA rebate, it may be higher for the year old model.
 
It all depends how bad they want to get rid of it and how bad you want it.

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