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
#576 of 586 2014 Kia Sorento EX V6 SUV Prices
Mar 28, 2013 (4:17 pm)
Anybody have any idea what to pay for a 2014 Sorrento that is listed at $37,775? They should be motivated as it is the end of the month. I'm trying to decide between 2013 Santa Fe Sport Turbo AWD that the dealer has for $32,445 ($3,715 off MSRP) and whatever I should pay for the Sorrento.
I want the Sorrento, but I also don't want to spend much more (if any) than the Santa Fe. Any advice?
#577 of 586 Re: 2014 Kia Sorento EX V6 SUV Prices [tablefat]
Mar 29, 2013 (7:07 am)
Can you provide more info on all of the options in the Sorento? And you're talking about the EX? Have you looked it up on TrueCar?
#578 of 586 Re: 2014 Kia Sorento EX V6 SUV Prices [trav06]
Mar 29, 2013 (6:20 pm)
It is the EX AWD V6 Sorento with the Touring Option package. I checked TruCar and even got a pricing report.
I guess I'm just looking for some "Real World" advice ">
#579 of 586 2012 SX price?
Jul 09, 2013 (7:16 am)
I am looking at purchasing a 2012 sorrento sx awd with 13,000 miles on it. It is listed at 31,100. With incentives a new 2014 sorrento sx is $35000. Everything on it exactly the same. Looking at similar cars on craigslist and other website it looks like they are being listed at 28,900 - 31,000 with miles ranging from 13,000 to 29,000 for a 2012 sx awd. My question is, am I being unreasonable thinking I could get a 2012 for 26,000 or 27,000?
#580 of 586 Re: 2012 SX price? [stistie]
Jul 09, 2013 (7:30 am)
Based on the very brief research I did here on Edmunds, it looks like $26-27k is where you should be.
If I were you though, I'd probably see what I could get in a new 2014 Sorento at the $26-$28k price range. Based on TrueCar, it looks like you could get a 2014 Sorento EX V6 AWD for about $28k. But I'll admit, I'm biased against buying used, so obviously take that with a grain of salt.
#581 of 586 Re: 2012 SX price? [stistie]
Jul 09, 2013 (8:20 am)
No, not unreasonable.
If they think you are, go somewhere else. Like trav06 said, check out the new ones. You should be able to get a brand new one for about what they are asking for the used.
Some dealers will laugh you off the lot (at least they did me). Others will take you seriously and work with you. If Kia gives you a hard time, check out Kias competitors. Somebody will give you what you want for your price.
Jul 09, 2013 (11:45 am)
Thanks for your feedback. I have now found a new 2013 with less than 3,000 miles on it. They have it listed for $27,640. It's an sx without sunroof or navigation which is not a big deal for me. It was an executive loaner for the dealership. Price seems really good so wondering what you guys thought for a good asking price. I am located in St. Louis.
#583 of 586 Re: 2013 [stistie]
Jul 10, 2013 (9:22 am)
#584 of 586 Re: 2013 [stistie]
Jul 10, 2013 (10:39 am)
I don't like how they can call something with under 5k miles on it "new". Buy a new car, drive it for 4k miles and see if they'll give you full value back for it.
Anyway, does the SX in question have AWD? The TrueCar price estimate for the SX AWD without sunroof and nav is $29k. For the 2WD version it's about $27.4k. Would it come with the full 10yr/100k warranty?
#585 of 586 Re: 2013 [stistie]
Jul 10, 2013 (1:44 pm)
I had a Dodge dealer with a "New" Demo (oxymoron, right?) with 3K on it that was an Executive Loaner only used by the owners wife (like I believed that). They wouldn't mark down the price, but did add 3K onto the life of the warranty. Nice of them, huh?
I did a little research on pricing Demos back when I was looking. There is no set standard on pricing it seems. A vehicle with 5K is considered "Used," whether it has been or not. I believe the cutoff is about 5 thousand miles.
A dealer gets a kickback from the manufacturer when it puts a vehicle into "Demo Status." They are allowed a certain amount of vehicles to use as Demos.
You are entitled to all incentives and rebates when purchasing a Demo. People disagree about how much should be subtracted from the price of a Demo. Some say it's a per mile charge to the dealer, some say it is a percentage of Retail.
IMHO: I think its a combination of the two. About a 4 to 6% Flat charge plus .35 cents a mile.