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Kia Optima Prices Paid and Buying Experience

93 messages,  Last post on Aug 24, 2009 at 3:37 PM

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What is this discussion about? Kia Optima, Sedan


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#19 of 93
Re: Experience with Schaumburg Kia? [backy] by godwheel
Aug 27, 2008 (6:57 pm)
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Replying to: backy (Aug 11, 2008 6:00 pm)

Just got an estimate on a Kia Optima LX 4cyl 4x2
 
MSRP: $18,920
 
No additional options:
$14,998 + TTL
 
What do you guys think? I haven't decided between this or the Sonata. I rented an Optima once in Puerto Rico and loved the interior and the ride (smooth).
#20 of 93
Re: Experience with Schaumburg Kia? [godwheel] by backy
Aug 28, 2008 (4:38 am)
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Replying to: godwheel (Aug 27, 2008 6:57 pm)

Which rebates do you qualify for? If it's just the $2500 general rebate, the deal is about at invoice--good but not great for a car like the Optima, especially with the refreshed 2009 models on the way. If you qualify for additional rebates, then I don't think it's a very good deal.
#21 of 93
Re: Experience with Schaumburg Kia? [backy] by godwheel
Aug 28, 2008 (2:00 pm)
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Replying to: backy (Aug 28, 2008 4:38 am)

$3,000 cash back rebate...
How much below invoice do you think I can go? Is the 2009 a complete redesign?
 
I look online for pictures and it looks exactly like the 2008 I think.
#22 of 93
Re: Experience with Schaumburg Kia? [godwheel] by backy
Aug 28, 2008 (5:59 pm)
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Replying to: godwheel (Aug 28, 2008 2:00 pm)

No, not a re-design. New front and rear styling, new instrument cluster, updated engines (e.g. I4 now has 175 hp, same as on the 2009 Sonata) with better fuel economy, and a few other tweaks. Personally I like the looks of the 2008 better.
 
IMO your maximum target price should be invoice, before rebates. You can start out below that and see what the dealer says.
 
Don't forget the competitive rebate... applies to lots of different non-Kia cars.
#23 of 93
Re: Experience with Schaumburg Kia? [backy] by godwheel
Aug 29, 2008 (9:59 am)
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Replying to: backy (Aug 28, 2008 5:59 pm)

Thanks. I will do that and see where it gets me. I'm thinking if I get it low enough, I could have the same price I paid for my over-priced Elantra (didn't know what I was doing at the time).
 
I'll get back to you guys.
 
Thanks for your help!
#24 of 93
Re: Experience with Schaumburg Kia? [godwheel] by csandste
Aug 30, 2008 (10:45 am)
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Replying to: godwheel (Aug 28, 2008 2:00 pm)

Go to the 2009 Optima threads to see the new car. I agree with Backy in preferring the looks of the old car, although that is strictly from pictures. New car has Fordish front clip with rear changed to better match the new Spectra replacement.
#25 of 93
Re: Experience with Schaumburg Kia? [csandste] by ksmigel
Sep 11, 2008 (8:00 pm)
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Replying to: csandste (Aug 30, 2008 10:45 am)

I agree that Backy knows his stuff and gives out sound advice. I often read his posts in trying to help others, and I don't often comment, but he's an invaluable resource for accurate and timely information.
 
Thanks, Backy.
 
Don
#26 of 93
Re: Experience with Schaumburg Kia? [ksmigel] by backy
Sep 12, 2008 (7:50 am)
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Replying to: ksmigel (Sep 11, 2008 8:00 pm)

Well, that makes my week. Nice to know I have been of some help.
 
Now on the Optima... I've found a 2007 EX I4 that appears loaded except for the Appearance Package. So it has leather, heated dual power seats, etc. etc. AND most importantly has the ABS/ESC package. It's in my favorite color for the Optima, grey, has about 14k miles and appears from what I can tell from the photos and description to be in good shape. I haven't had a call back from the seller (private party) yet, but I was wondering what kind of offer y'all think would be appropriate? Asking price is $13,900. KBB is between $13k-13.7k, Edmunds is a bit higher. The ad states that it has the 10/100 warranty so I have to find out if it has the Kia extended warranty, since the 10/100 wouldn't transfer. I also want to find out why they would want to part with such a fine car so soon.
#27 of 93
Backy by ksmigel
Sep 12, 2008 (10:16 pm)
Reply
Maybe it was rental picked up at auction?
 
I've noticed a lot of cars, whether Buicks, Hyundais, Kias, Chryslers, Fords - they are typically 12 to 18 months old with anywhere from 12k to 20k miles, and a lot of them seem to be former rental cars according to the free car fax reports that typically accompany those types of ads.
 
I personally think you can do a little better on the price - it seems that all car pricing, no matter the brand (except for the rare cars and hybrids), has become very competitive.
 
Good luck to you.
#28 of 93
Re: Backy [ksmigel] by backy
Sep 13, 2008 (4:12 am)
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Replying to: ksmigel (Sep 12, 2008 10:16 pm)

I found out the car has been owned since new by a family where the wife just got a company car, so they have one extra car on their driveway. I will go look at it tomorrow and see whether they are willing to negotiate. I also found out the seller did not know that the 10/100 warranty is not transferrable.

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