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Kia Spectra5 Prices Paid and Buying Experience

40 messages,  Last post on Sep 20, 2007 at 7:45 AM

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What is this discussion about? Kia Spectra, Hatchback, Sedan, Wagon


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#17 of 40
Re: ANY 2005 QUOTES LATELY? [crowbar] by human
Sep 01, 2005 (2:56 pm)
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Replying to: crowbar (Aug 31, 2005 10:32 am)

I just bought a 2005 SX (no options) in Los Angeles a few days ago. Here's the break down:
 
(MSRP + destination = $15,900)
($14,100 selling price) - ($1750 rebate) = $12,350 (excluding ttl)
 
The Spectra5 was selling for the same price but the rebate is $1000. So if I bought the Spectra5 I would have paid $13,100 (excluding ttl)
 
0% financing can be subsituted for the rebate. They also have a "competing car" rebate for $750 if you qualify by already owning a car in their list of competing cars (see the kia website for the list).
 
During the walk through of features the salesperson told me that the check engine light would come on if I open the fuel cap while the car was still on or if I don't close it tight enough. It didn't occur to me to ask why at the time but now I'm wondering if this is by design or just a defect?
#18 of 40
human... by iluvmysephia1
Sep 01, 2005 (4:20 pm)
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it has to do with your car's sensors, which are very sensitive. It will read the "not clicking your gas cap enough times" as a slight exhaust emissions leak and cause the check engine light to come on. I have experienced this with both of my Kia's, including my current Kia, a 2001 Kia Sportage 4x4.
 
Just don't take your gas cap off while the motor is running and do twist your gas cap on and keep twisting it until your hear 6 or 7 clicks. Otherwise the check engine light will come on and you'll have to have it looked at at your dealership. You can wait for it to cycle itself off-it will turn itself off (the check engine light) in time, say, after starting your Kia and driving it around and shutting it off again several times. It's frustrating but if you follow the emboldened tips above you can avoid it completely.
#19 of 40
Re: ANY 2005 QUOTES LATELY? [human] by sdlfjkasdfja
Sep 12, 2005 (5:34 am)
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Replying to: human (Sep 01, 2005 2:56 pm)

I recently bought a 2005 Kia Spectra EX in Minneapolis.
 
The car is an automatic, with the additional options of cruise control, alloy wheels and floor mats. The selling price was $14,950 - 1750 rebate = 13,200 excluding the tax, title and license fees. I was not eligible for the competing car rebate.
#20 of 40
Did I wait too long? by doohickie
Oct 03, 2005 (9:09 pm)
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I noticed that Hyundai dropped their incentive on Elantra from $1250 to $500 for October, and Kia, at least so far, has not renewed their competive bonus of $500 on the Spectra since it expired Sept 30. Are the good deals getting away, or should I sit tight a little longer?
#21 of 40
Re: Did I wait too long? [doohickie] by zoomzoomitis
Oct 04, 2005 (2:23 pm)
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Replying to: doohickie (Oct 03, 2005 9:09 pm)

Hey doohickie, just wanted to let ya know I picked up an Elantra GT hatch this past Friday night (the 30th). Had the wife breathin' down my neck to trade in our Zoomer and get something with that new car smell. Since time was running against me (angry wife was getting angrier!) and Hyundai/Kia wasn't workin' with me in the free flow of information category (had no clue on the '06 arrivals...and still don't!...had no idea on the possible upcoming rebates...and still don't!), I bit the bullet. Didn't get the mega deal I was pulling for but did okay in the end (9:45pm EST on the last day of the month/end of quarter).
 
In the end thought the Elantra the better car although definitely dated in comparision to the Spec5. A lil' cheaper too. Know you're kickin' the two around yourself and thought I'd throw these comments your way. Do hope you have the advantage of waiting a bit longer than I did. Mrs. Doohickie I hope for your sake is much more patient than Mrs. zoomzoomitis. Makes the whole process MUCH easier!
 
Last checked, the crop of '05's are still out there and they haven't moved since Friday (end of rebate day) here locally. I'm thinkin' if you've got the time, the deal will definitely come your way if you stay flexible on your wants and needs. That reduction to $500 on the Elantra is sucker money. My opinion.
 
All the best and much luck in that final decision.
 
zoomzoom
#22 of 40
Re: Did I wait too long? [zoomzoomitis] by doohickie
Oct 04, 2005 (8:53 pm)
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Replying to: zoomzoomitis (Oct 04, 2005 2:23 pm)

05 Elantra hatches are pretty rare around here; I haven't seen one on a lot in a few weeks. I'm sure they are around to be had, but I would definitely have to order one I think. 05 Spec5s are very plentiful though.
 
But it just torques me off that both companies have slashed their incentives at the end of the model year. They should be slashing prices! I suppose they've managed to meet sales goals and don't feel compelled to move their stock. Or maybe they just haven't put the new incentives on the website yet.
 
In frustration, I checked the Suzuki dealer and fell in love (again) with the Reno. I just love the look of the car, inside and out. The stock stereo is much better than Spec5 or Elantra, and they still have their incentives. They are offering $1000 back on 2006 models, plus $500 for recent graduates (like my wife who got her degree in May). So I'd be looking at a pretty loaded Reno for no more than $13,500, maybe a little less if they throw in some dealer cash.
 
I just don't have as much confidence in the Suzuki brand, especially the Daewoo-built models. If I knew it would be reliable, it would be the Reno, hands down.
 
I will talk to a Hyundai dealer or two later this week when I get some time. If they can offer me any kind of a decent deal on an Elantra hatch, I'll probably take it. If not that, then the Spec5; if not that, I might just go for the Reno.
#23 of 40
Re: Did I wait too long? [doohickie] by zoomzoomitis
Oct 05, 2005 (10:45 am)
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Replying to: doohickie (Oct 04, 2005 8:53 pm)

I think there's something to be said for sales goals having been met. One place I went to gave me such a lowball offer on my trade it was roll on the floor laughable. I happened to know the sales guy and he kinda told me to get to the door as quick as possible. His "boss" was trying to steal my car. IOW, they reeeeeally didn't want to sell anymore of their in stock Elantras. Supply was running a lil' low I think and they wanted to keep what they had for another month especially IF the '06's don't show up 'til the later part of Oct/early Nov. Might be wrong but that was my gut.
 
Did have to travel a bit to snag my car but the supply was much greater at this cross town dealership. Much higher incentive to move rubber you might say (Their website does claim "Largest Hyundai dealership in volume on the entire East Coast." Who am I to argue?). As I got up and started walkin' towards the door, "my number" magically appeared. Imagine that.
 
Yeah, I can see the Kia Spec5 might be more abundant than the Elantra GT hatch in some areas although I do think since you mentioned you were interested in the automatic, they (the GT's) ARE out there in larger #'s than the 5 speeds. My opinion, trust hasn't exactly gone through the roof yet with the American public I think on the Kia brand. That's not to say that it won't, just hasn't yet. Hyundai's a little bigger corporate wise and is hitting the JD Power rankings rather well of late. Time will tell if this brand new Korean car of mine stands up to the Japanese products. For the three grand discount I calculated right off the bat, I thought it worth the gamble.
 
Suzuki cars? Nah. Doohickie, you know better than that. Don't get "torqued" at Hyundai/Kia. Get even. Wait to see what the next hand in the card game deals ya...again, if you've got the time and patience. I still maintain since you didn't pull the trigger yet, wait. There's a car out there that's going to come right into your sights.
 
PS Spoilers falling off...hmmm...nervous? I was too.
#24 of 40
Re: Did I wait too long? [zoomzoomitis] by doohickie
Oct 05, 2005 (4:53 pm)
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Replying to: zoomzoomitis (Oct 05, 2005 10:45 am)

The Kia salesman just called. Without giving me an "official" quote over the phone, it looks like a $17000 Spectra5 will cost me about $15000. This is more than I want to pay, but he said there is a good chance we can get the special Kia finance rate of 2.9%. My credit numbers are not good enough to automatically get that rate (just a few points below prime), but the salesman said I might still get it if we apply for the loan. After my downpayment, my monthly payment on a 5 year loan would be less than $270 month (my target is $250, but I could afford more).
 
This number assumes a reduced rebate ($500) and $500 for new graduate incentive (for my wife). And there may still be a little wiggle room for the dealer to bargain a bit.
#25 of 40
Re: Did I wait too long? [doohickie] by doohickie
Oct 06, 2005 (9:01 pm)
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Replying to: doohickie (Oct 05, 2005 4:53 pm)

I found a Hyundai Elantra hatch with everything I want except the CD stereo (and I'm not averse to putting an aftermarket unit in). Over the phone the salesman said it would be about $13700 to $14000. I think I prefer the Elantra to the Spectra anyway, so I hope to drive out to the dealer (almost an hour from here) tomorrow afternoon and check it out. I may come back with a new Elantra. I was hoping to do better, but with Hyundai cutting back on their incentives, this may be the best I can do.
 
The model is a Hyundai Elantra 5-door with cruise and AT (no other options).
#26 of 40
Re: Kia Spectra5: Prices Paid & Buying Experience [loco5] by tom71
Oct 17, 2005 (12:42 pm)
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Replying to: loco5 (Mar 17, 2005 9:06 pm)

Hi,
 
How do you like your new 2005 spectra 5 with manual tranny?
 
Is your car with the 138 hp engine or previous lower powered engine?

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