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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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#5 of 383 Re: Rondo Leases? [mark19] by kyfdx HOST Dec 16, 2006 (6:04 am)
Replying to: mark19 (Dec 15, 2006 7:21 pm) Most dealers don't offer KIA leases, because the residuals are so low... They can usually give you a lower payment by offering an 80 month loan for purchase...   So, while technically available, almost no one leases KIAs.. The pricing just isn't competitive with other makes.   regards, kyfdx Replies to this message: w9cw (Dec 16, 2006 9:51 am) mark19 (Dec 17, 2006 2:12 am)
#6 of 383 Re: OK I'll Start [bobw3] by dakota29803 Dec 16, 2006 (6:05 am)
Replying to: bobw3 (Dec 15, 2006 11:05 am) No It is the I-4, EX, row version Replies to this message: dakota29803 (Dec 16, 2006 6:06 am)
#7 of 383 Re: OK I'll Start [dakota29803] by dakota29803 Dec 16, 2006 (6:06 am)
Replying to: dakota29803 (Dec 16, 2006 6:05 am) Oops. The 2 row version.
#8 of 383 Re: Rondo Leases? [kyfdx] by w9cw Dec 16, 2006 (9:51 am)
Replying to: kyfdx (Dec 16, 2006 6:04 am) An 80 month loan on a Kia, or for any brand of car for that matter, makes absolutely no business sense. IMO, the only way to buy a Kia, Hyundai, or even a Ford, Chevy, etc., is to pay cash. If you can't do that, save your money until you have a decent down payment, and finance for no more than 24 to 36 months.   A 4, 5, 6, or 7 year loan is a sure fire way to become "upside down" almost immediately, and you will become a debtor for most of your life. If you "need" a very long term loan, the only cars to consider is a Honda or Toyota. Replies to this message: mark19 (Dec 17, 2006 2:12 am)
#9 of 383 Re: Rondo Leases? [w9cw] by mark19 Dec 17, 2006 (2:12 am)
Replying to: w9cw (Dec 16, 2006 9:51 am) yes you're absolutely correct! an 80 month loan would be INSANE! and i agree absolutely as well about paying cash.   My original question was a lease though, didn't want to buy the kia, only lease it for 2 or maybe 3 years. was doing research for a friend of mine. He and his wife don't want to own a car, just want to lease. It's their thing. So that's why I had to ask about lease with the Kia Rondo, since they liked it and wanted a vehicle for only a little while.
#10 of 383 80 month by odman Dec 17, 2006 (4:53 am)
Anyone "needing" an 80-loan should be buying used (a Caravan, PT Cruiser, older Sienna/Odyssey).   Maybe the new Rondo and other better models will help Kia earn higher residual values (as Hyundia slowly has) to the point where Kia can offer the full range of financing people expect. Until then, unfortunately Kias only make financial sense as used cars. Replies to this message: dakota29803 (Dec 17, 2006 5:52 am) w9cw (Dec 17, 2006 6:49 am) bobw3 (Dec 18, 2006 4:54 am)
#11 of 383 Re: 80 month [odman] by dakota29803 Dec 17, 2006 (5:52 am)
Replying to: odman (Dec 17, 2006 4:53 am) Kias make excellent financial sense as new cars if you want to buy and keep. If you want a new car every one or two years then Kia is not for you. Replies to this message: w9cw (Dec 17, 2006 6:49 am) bobw3 (Dec 18, 2006 4:54 am)
#12 of 383 Re: 80 month [dakota29803] by w9cw Dec 17, 2006 (6:49 am)
Replying to: dakota29803 (Dec 17, 2006 5:52 am) I agree, as one who bought a 2006 Hyundai Elantra last December, and am considering a Kia Rondo as addition. I typically keep cars at least 12 to 15 years, in fact, I still have two Classic 900 SAABs - one 22 years old and the other 20 years old. And, a Volvo 144S that celebrated its 36th birthday last week . . .! I know, I'm in the severe minority, in addition to being a gear head.   Residual value and depreciation rate is a moot point when you keep cars for a long period of time. If you trade every two to three years, Honda or Toyota (or Scion) should be first on your list. Replies to this message: bobw3 (Dec 18, 2006 4:54 am)
#13 of 383 Re: 80 month [w9cw] by bobw3 Dec 18, 2006 (4:54 am)
Replying to: w9cw (Dec 17, 2006 6:49 am) Plus you have to look at if the car will meet your needs for the long term. If you think that after a few years you'll need something larger than the Rondo, then you do have to think about depreciation. When I was single I was "planning" on keeping my '99 Cougar for a long time, but I sold it after 8 years because I got married and had a child and the Cougar no longer worked as our second car.
#14 of 383 Long Term Ownership by odman Dec 22, 2006 (4:34 am)
I could see Rondo being a better long-term car than most other Kias. Being a compact van means that it has the flexibility to evolve with changing family needs (unlike bobw3's Cougar!), so families who are on a tight budget or who are just practical-minded will see little need to trade it in.   The lengthy warranty coverage will give peace of mind, and if the Rondo benefits from improving quality of the Optima/Sonata platform, then I could see many wanting to keep these for a long period of time.   We still see lots of Axxesses on the road in Toronto, and the last one was sold new almost 12 years ago.

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