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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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What is this discussion about? Kia Rondo, Car Leasing, Car Buying, Wagon

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#362 of 383 Re: trade-in value [glitch1] by kasikin Jun 02, 2009 (8:07 am)
Replying to: glitch1 (Jun 02, 2009 8:01 am) Glitch - where are you located? There is a dealer in my area, Chicagoland, with several 09s in stock at what seems to be reasonable asking prices.
#363 of 383 Re: location by glitch1 Jun 02, 2009 (8:14 am)
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. Replies to this message: kasikin (Jun 02, 2009 9:10 am) tourist1292 (Jun 02, 2009 9:45 am)
#364 of 383 Re: location [glitch1] by kasikin Jun 02, 2009 (9:10 am)
Replying to: glitch1 (Jun 02, 2009 8:14 am) There is one dealer who has several who has them listed on the internet at 17.5, but has a place to "make an offer", so I'd imagine they'd come down some. That's the lowest asking price I've seen. Many of the local dealers have 1 or none in stock. I have been trying to find an 08 in the midwest for a friend, have seen a few but none that meet her requirements.   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. Replies to this message: tourist1292 (Jun 02, 2009 9:45 am)
#365 of 383 Re: location [kasikin] by tourist1292 Jun 02, 2009 (9:45 am)
Replying to: kasikin (Jun 02, 2009 9:10 am) Last week I saw quite a few 08 Rondo in an Ohio dealer at Toledo if you are still looking for one in midwest. Otherwise, there is really one or none per dealer in my area and the one left may have hundreds of miles on it from test driving already.
#366 of 383 Re: Rondo EX V6 3rd row [w9cw] by tward91574 Jun 04, 2009 (3:16 am)
Replying to: w9cw (Dec 24, 2006 6:26 pm) I just bought a used 2008 lx with V6 and 3rd row seat, alloy wheels for $11,200. It only had 13,500 miles on it and it didn't seem to make sense to buy new. Quite a few used for sale in Rochester, NY area, most seem to be rentals. Replies to this message: tourist1292 (Jun 04, 2009 3:45 am)
#367 of 383 Re: Rondo EX V6 3rd row [tward91574] by tourist1292 Jun 04, 2009 (3:45 am)
Replying to: tward91574 (Jun 04, 2009 3:16 am) It depends on whether you can find a new 2008 right now. You may need to pay $3K-$5K more depending on options, but you'll get 20% more bumper to bumper warranty and 5 more years power train warranty on a new one. Not to mention the mechanical wearing in 13.5k miles and the worry on the unknown previous history (e.g. not probably break-in if it was a rental) should be the major consideration too. Most people do not realize the 10 year power train warranty, which is one of the prime factors in Kia's rating calulation, is not transferable. This is one of the main reason for the depreciation in resale value. Last but not least, if you want to sell it some time down the road, being the first owner of the car makes it more appealing. I sold my 13 year old Saturn at the high blue book price range within a couple days on craigslist because of that. 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).
#368 of 383 Re: 2009 Rondo prices? [kasikin] by jfritsch Jun 04, 2009 (4:09 am)
Replying to: kasikin (Jun 02, 2009 3:46 am) Of course this is rubbish.   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. Replies to this message: kasikin (Jun 04, 2009 6:01 am) tourist1292 (Jun 05, 2009 9:27 am) larrytbm (Jun 05, 2009 12:13 pm)
#369 of 383 Re: 2009 Rondo prices? [jfritsch] by kasikin Jun 04, 2009 (6:01 am)
Replying to: jfritsch (Jun 04, 2009 4:09 am) If your point is that you are better off buying a one year old car than a brand new one, you may have a point. Although in that case I don't think trade in value is exactly the value you should be focusing on. Plus you have to decide how much you value the power train warranty in the case of Kia, because you get one with the new car and you don't with the one year old.   If your point is that you shouldn't buy a car at all because of the high first year depreciation, even if you plan on keeping the car until it dies, I'm not sure I follow. Why is what my car is worth one year after I buy it relevant to me if I have no intention of selling it for a very long time?   In your example of the Impala, a buyer has "eaten" $7500 in the first year. I agree, if they sell the car. Or if the choice is between buying new or buying one year old. If the buyer wants the car new for other reasons and is keeping it, I just don't see that it's a deal breaker. It's like my friends who say they "lost" $300,000 in their 401k's last year. I say yeah, if you sell or need that money now. Otherwise, it's all on paper. If your not retiring for 20 years, why does it matter?
#370 of 383 Re: 2009 Rondo prices? [jfritsch] by tourist1292 Jun 05, 2009 (9:27 am)
Replying to: jfritsch (Jun 04, 2009 4:09 am) My comment is very specific to 08 Rondo at this moment. Other people may have a totally different way of money management and I don't call that rubbish. Don't forget the $4000 incentives for 08 models and discounted dealer pricing (at near invoice price before incentive) has already covered most of the first year depreciation in resell value. Honestly, if one is trying to maximize their car value, trading in is not the way to go. If you check the kbb price for a used 08 model with 13500 miles from dealer, it is only a couple thousand dollars cheaper than a brand new one (or $3000-$4000 cheaper if you buy the used one from private party). Now you have to justify the $2000-$4000 saving versus the extra 5 years power train warranty, lemon protection, 13,500 miles wearing and warranty, and uncertain previous history. If you need to finance it, the better interest rate for new car should be factored in too. There is no absolute answer to this as different people may have different justification. These are just points worth to consider. Again, this is about buying a 08 Rondo used or new right now. Replies to this message: larrytbm (Jun 05, 2009 12:13 pm)
#371 of 383 Re: 2009 Rondo prices? [tourist1292] by larrytbm Jun 05, 2009 (12:13 pm)
Replying to: tourist1292 (Jun 05, 2009 9:27 am) "My comment is very specific to 08 Rondo at this moment. Other people may have a totally different way of money management and I don't call that rubbish.   Again, this is about buying a 08 Rondo used or new right now."   I agree with tourist1292, lots of talk about depreciation (especially irrelevant 1 yr depreciation) but not nearly as much about all the other factors. 0% financing on a new vehicle is a huge deal, nothing comparable for a used vehicle. EZ to do internet search for a new vehicle and know all details of the vehicle (color, options, condition "new"), with a used vehicle, dealers and private parties are very inconsistent in listing features and conditions which means more phone work, footwork, travel to distant towns and arranging independant vehicle inspections. A great price on the wrong car is not a good deal.

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