Last post on Sep 08, 2013 at 7:27 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Kia Sorento, SUV
#359 of 586 Re: Kia Sorento LX V6 AWD 3rd Row Seat [jmanstro]
Sep 06, 2011 (6:14 pm)
This forum could be a powerful tool if enough people post to it. I referred to it often during my deal hunt.
I just bought the same car (2012 LX V6 AWD) in Vermont with 3rd Row Seats and 7-seat carpeted floormats for $24,895 off the lot after $2500 in incentives (so really $27,395), plus $100 "dealer document fee" and the tax and title stuff.
Drove it right off the lot, through Hurricane Irene damage, on a 300-mile roadtrip. Super smooth!
Good luck and happy hunting!
#360 of 586 Kia Sorento EX V6 FWD base
Sep 13, 2011 (4:05 pm)
Just sharing for the benefit of the forum - I just purchased a EX V6 FWD with no additional packages. MSRP was $27,950 + $800 dest = $28,750. I paid $27,313, pretty close to invoice. I did however trade in a 2002 Toyota Rav 4 with 100K miles for $7,500 which was probably worth more.
#361 of 586 Re: Kia Sorento EX V6 FWD base [paulvertz]
Sep 13, 2011 (6:52 pm)
is 27,313 the OTD price which including the TTL but not the $7500 trade in? What the tax rate?
#362 of 586 Re: Kia Sorento EX V6 FWD base [websphere]
Sep 14, 2011 (9:25 am)
$27,313 only includes the destination fee ($800). TTL was added to that amount and then $7500 + $2000 rebates applied as down payment. OTD was about $20,500.
#363 of 586 Kia Good deal? Sorento EX V6 with Third Row Seats
Sep 14, 2011 (12:51 pm)
Is this a good deal? Trying to decide wether or not to buy...
Sorento EX FWD V6; third row seats; cloth/leatherette; cargo net; cargo cover;ec mirror w/ compass & homelink; wheel locks; roof rack cross bars, tinting...
25,991 plus TTL (1890 tax is 6.25%). Includes $3000 incentives/rebates.
MSRP is $28, 525 Dealer Cost is $27,220
#364 of 586 Re: Kia Good deal? Sorento EX V6 with Third Row Seats [apnep]
Sep 14, 2011 (2:49 pm)
I think I just bought a nearly identical car and I paid $25,325 which included $2000 in rebates. I didn't get the cargo net, cargo cover or any of the other extras you have so your deal is $670 higher because of those additional features. Seems like a pretty fair deal to me.
#365 of 586 Re: Kia Good deal? Sorento EX V6 with Third Row Seats [paulvertz]
Sep 14, 2011 (4:54 pm)
Thanks for the response. How do they calculate tax?
25,992 + TTL - Downpayment
25,992 -downpayment +TTL?
#366 of 586 Re: Kia Good deal? Sorento EX V6 with Third Row Seats [apnep]
Sep 15, 2011 (8:06 am)
You always pay taxes on the negotiated price BEFORE any down payment. So, you pay tax on $25,992. Good luck.
#367 of 586 Re: Kia Good deal? Sorento EX V6 with Third Row Seats [apnep]
Sep 15, 2011 (8:23 am)
Now that I look at the number again, I'm thinking you could do better on this deal. I was comparing your deal to mine and it looked very similar BUT you are getting $3K in rebates. In my region (Southern Cal), Kia is only offering $2K in rebates so you should pay $1K less than me.
Your price breaks down like this:
$28,992 negotiated price
$25,992 + TTL (and tax is calculated on $28,992)
My deal was this:
$27,380 negotiated price
$25,380 + TTL
The numbers to compare are what I'm calling "negotiated price". I think you should only be about $600 higher based on the fact that you are getting the cargo net, cover, wheel locks, etc. But you are actually $1,600 higher ($28,992 vs. $27,380). I think you should be able to negotiate another $1K off the price you have been offered. Good Luck!
#368 of 586 Re: Kia Good deal? Sorento EX V6 with Third Row Seats [paulvertz]
Sep 18, 2011 (7:48 am)
You are right, I COULD have haggled another $800 off the price. I shopped his price around several dealers though and even tried the Costco dealer who was a different auto group than the one I purchased with, but I got tired. The Costco dealer would have sold me the car for $800 less IF he could have found the car I wanted, but there weren't any coming in to or close to Texas any time soon.
Ah well, it is what is. Those sales guys get you all excited and worked up when you get there huh? I love the car though. I can't wait to use it on our first trip.
Thanks for your help! I think next time, I'm just going to go straight through Costco...