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Kia Rondo Prices Paid and Buying Experience

383 messages, Last post on Oct 08, 2009 at 11:35 AM
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Replying to: lvthatmouse (Jul 04, 2007 1:19 pm) [Gill] Look for comments on the Optima since it is the same running gear and engine. >I negotiated (hopefully well) for an Urban Gray, EX V6,cloth, third row, premium package for $19,869 (with $1500 rebates). [Gill] I don't have my figures in front of me right now since I am remote. However, look at the figures Edmonds gives you as they are accurate for the options you are getting. That will get you to the whosale price. Now, from that price, add $150 for advertising (sometimes called wholesale reserve) and add for transportation. This gets you to invoice price. There is about $650 dealer profit in that whosale price. Since this is the end of the model year, there are some hidden incentives to move stock. I purchased in the last two days of the first quarter and I got $1,099 off invoice on a LX I-4. If the dealer made his numbers for the quarter, he would have made about $300 on the deal. Also, check the KIA site for the current rebate, $1500 seems a little high to me. >I didn't want the third row sine we only have one child- would rather have the storage of a 5 seater, but the dealer said it was difficult to locate a 5 seater since most demand comes for a 7 seater. [Gill] That information is not entirely correct. Start checking dealer stock on-line and you will see far more 2 row than 3 row seating. If you can't use the 3 row, fold it down into the floor. >Hope they come through b/c I really loved driving the car and a Rav 4 or CRV is out of my price range. [Gill] Hold out as long as you can. It is better to negotiate up than down.
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Replying to: mr_orting (Jul 04, 2007 3:52 pm) I plan on folding the 3rd row and just using it in a pinch for when I have more than 3 of my daughters friends in the car, since she can sit in the front passenger seat. I figured for $213 it can come in handy at times - probably more so than the storage under the seat. What do you mean with negotiating up? Even though the car has been priced out I can get lower? |
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Ever since I started reading Edmunds.com forums, I've been getting really great deals on my last 3 vehicle purchases. Here's what I did on my Rondo: I bought the LX 4 cynlinder with the Convenience package and floor mats priced at $18,880 MSRP. I negotiated the price of the car down to $17,200. I qualified for the $750 owner loyalty plus the $500 rebate combined with 2.9 % financing. That put the price of the car at $15,950 after all rebates and at $16,978 out the door (tags, processing, tax, etc). So out the door, I got $1902 off sticker which I don't think is too shabby. The crazy thing was the general manager actually showed me a sheet with his actual cost (not invoice) to prove that he couldn't go any lower when I tried to knock a little more off. His actual cost on the vehicle was $16,950 so he made a $250 profit on it. With all that being said, I had a couple questions. The particular car I bought had one of those dealer markup stickers on it. The charged a $4000 "market adjustment" plus $500 for detailing the car and $299 for vin sketching or something like that. That made the actual sticker on the car over $24,000 for an LX!!! I told the sales guy right away I wasn't paying that and that's when I made my offer. My question is that do people really look at that and pay it without asking questions? Just seems like that would be illegal to inflate the price of a vehicle so much. My 2nd question is that I used to have 2004 Kia Optima (loved it by the way) that got traded in when I bought my Toyota Yaris (I have a long commute to work so I needed something with better gas mileage, still miss the optima). I still had the original sales paperwork and that's what I took to them to get the rebate. When I got home, I read on the Kia website that you have to be a "current" owner of a kia to qualify for the loyalty. The dealer said everything was cool just with the sales order, but I'm wondering if Kia runs a check on the VIN to see if you are still a "current" owner. My fear is that they'll contact me asking for $750 if they see that the car was transferred to another owner before I purchased the Rondo. Thoughts? Thanks so much! Edmunds rocks! |
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On 6_15_07 I purchased a five passenger Rondo EX with the Premium Package, I4 engine, cross rails, cargo cover and cargo mat, cargo net, and the rear bumper guard. The car also had the optional rear spoiler that sits below the rear window. My purchase price including the BS documentation fees and title fee, was $22,500. This price also included our 7.75% sales tax. I could have done better in the price paid ( a straight cash deal) BUT I could have done worse too. Basically I bought the car and they threw in the sales tax and a couple of hundred too.
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Replying to: vegasrondo (Jul 28, 2007 9:52 pm) |
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Conwelpic mentioned in another thread about how in Canada we have to pay a fee to see the invoice price. I did just that earlier in the year for the EX. Just to level the playing field a little, I'm going to post what I paid for. The following Canadian invoice prices don't include freight and PDI ($1,495), nor the cost for metallic paint ($125). As of March 5, 2007: EX $20,528 EX V6 $21,461 EX Premium $22,394 EX V6 Luxury $24,261 For comparison to the MSRP, go to: http://www.kia.ca/calculator.asp?lang=en |
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I have received a price quote on the 4 cylinder LX model with preferred package (options Conv pkg,bumper protector,carpet floor,and cargo tray) of $17,000 and drive out price of $18,271.13 and wanted to see whether this is a good deal or not.
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Replying to: alamocity (Aug 15, 2007 12:30 pm)
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Replying to: mr_orting (Aug 15, 2007 4:33 pm) |
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