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Prices Paid: Buying & Leasing Experiences 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: glitch1 (May 31, 2009 11:04 pm) The 09 Kia Rondo auto Lx well equipped has a 08 used trade in value of about 9000 in kbb.com. This is what the 09 will be worth in 12 months. So we wanna be buying the 09 Rondo used in the $12-13000 range, or just looking at something else, unless we really really want a Rondo. Good luck jjf My local area doesn't seem to have any '08 Rondos. I'm curious what people's experiences are with buying '09 Rondos? I would be looking at a 4-cylinder LX. Today, the local dealer was going for around $18K, but I did not make an offer, since I was unable to commit to buying right away.
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Replying to: jfritsch (Jun 01, 2009 7:25 pm) |
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I never trade my cars in and have driven all my cars over 10 years (15+ with my current vehicle now). It seems when you sell/trade your Rondo within the first few years, you are flushing 5 years worth of power-train warranty down the toilet. This is significant value that is part of your Kia if you keep the car, but thrown away if you sell it. So if the trade-in value is $10K, it's actually worth $10K to someone else, but maybe worth $12K to you, since keeping it allows you to retain a great warranty.
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Replying to: glitch1 (Jun 02, 2009 8:01 am) |
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Hi Kasikin, I am located in Portland, OR. May I ask what the dealers in your area are asking for an LX 4 cylinder? I have one dealer here getting down to the low $16K. Thanks.
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Replying to: glitch1 (Jun 02, 2009 8:14 am) I think low 16's is a great price for a 09 if you are getting what you want. I paid a little over 18 for my 08 EX V6 7, fully loaded. While I did get them to give me a little more for my battered Honda Odyssey than they originally offered, I did not really negotiate on price. After I got the car, I told my husband I probably could have gotten it cheaper and he pointed out to me that it was less than any of our previous 3 cars, and was exactly what I wanted. I've had it since early April and thus far, couldn't be happier.
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Replying to: kasikin (Jun 02, 2009 9:10 am) |
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Replying to: w9cw (Dec 24, 2006 6:26 pm)
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Replying to: tward91574 (Jun 04, 2009 3:16 am) Don't get me wrong. I am not saying don't but used Rondo. I am only pointing out the factors you should considerate when you are looking at the price of a used one. Indeed, the lower resell value of Rondo makes it a good choice as its reliability is above average (just outside of top 10). |
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Replying to: kasikin (Jun 02, 2009 3:46 am) If one buys a (18500msrp) 09 Mazda3 sedan for 15300, and it has a kbb 08 trade in of about 13000, one has eaten $2300 or so to drive it the 1st 12 months. $3000 off msrp represents a good deal. If one buys a (24000msrp) 09 Chevy impala for 17500, and it has a 08 used kbb trade in of 10000, one has eaten 7500 to drive this (average) sedan the 1st 12 months. $7500 off msrp not so great a deal in this case. If you financed it, you get to pay finance charges on the 2300 or 7500 for the loan term. Great if the Impala is a super hot contemporary car with backorder and in great demand, but as an average rental car in the worst recession in 20 years, not so great. You eat this money to drive the 1st 12 months whether you own the car 1yr or 20 years. Depreciation is much less and surprisingly similar with most vehicles after the 1st 12 months or so.. Extreme example- the mazda and civic are amongst the best in this respect, and the Impala the worst, but illustrative. Personally, I wouldn't get a ticket getting to the dealer to pay $16000 for a 09 Rondo with an 08 used trade in value of $9000. Or exhaust myself finding an 08 leftover new for $13000. Good luck --jjf If trade in values are important to you, the previous post is relevant. Some of us drive our cars for 200,000 plus miles and don't worry about trade in values.
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