Kia Optima Prices Paid and Buying Experience

476 messages,  Last post on Jun 12, 2013 at 5:37 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

What is this discussion about? Kia Optima, Sedan

#290 of 476 Re: Done!!! my xmas present to myself completed today [rico23] by refinow2003

Feb 08, 2012 (10:23 am)

Replying to: rico23 (Dec 27, 2011 10:58 am)
Should had looked at your post before I bought-- could had saved a 1000. OTD $$29731.58 for a SX which stickered at $31,795 including freight. Included $400 for tire and wheel replacement for 5 years (at the hard sell financing desk) if they got damaged by pot holes here in Colorado. Easily can happen with these 18 inch wheels and last car I bought was a 2002 Olds Aurora with 13k on it and yep broke 2 wheels going over a curb I did not see and blew a tire in a parking lot!. Still driving the Olds with 149k v-6 and I figured if I was going to keep a car another 9+ years I might as well get it loaded and that got better mileage than the Olds. OTD includes taxes and the notorious dealer prep crap. My Olds qualified for the competition rebate and got a $500 financing bonus which offset the dealer prep. Looked at Sonata and other Kia dealers and the Kia guys were really close to each other in price and Sonata dealers were not taking much off the price plus Optima has cooled seats which no other manufacterer can touch at this price new, however I did not go to all like Lexus and Acura to compare. Waiting to pay the high license plate charges which include in Colorado bridge and road fees which are another way to tax the public because we have the Tabor amendment which limits taxes but state goverment has found ways to work around it.

#291 of 476 Re: Done!!! my xmas present to myself completed today [refinow2003] by refinow2003

Feb 08, 2012 (10:35 am)

Replying to: refinow2003 (Feb 08, 2012 10:23 am)
Anyone see this article in March 2012 Car and Driver regarding the 535 BMW wheels? Go to this article- now I am glad I purchased the wheel and tire insurance Wrap-Up: 2011 BMW 535i at CarandDriver.com also read the comments from the public below the article.

#292 of 476 Price quotes for 2012 Optima EX w/Premium Pkg by scrapalara

Feb 13, 2012 (11:54 am)

Hi, all. Just joined after reading lots of good information on this forum. Currently negotiating with 3 dealers on a 2012 Optima EX with premium package (no technology, no turbo). Current lowest price, including $1500 in Kia incentives (competitive; auto show) is $21,675 on a window sticker of $27,065. Started from a zag.com base of $22,400. Do you think there is more $$ on the table? New to new-car negotiating. After reading forums, I'm not including tax, tags, doc fees, etc. in this post.
 
I have also not begun any negotiations for trade. Dealers are all in northern Illinois.
 
Thanks for any feedback!

#293 of 476 Re: Price quotes for 2012 Optima EX w/Premium Pkg [scrapalara] by michael2595

Feb 13, 2012 (12:47 pm)

Replying to: scrapalara (Feb 13, 2012 11:54 am)
If thats a great deal.. I am just beginning to look, they are going to screw you on the trade... depending on how old the car is and if they sell it to a wholesaler I went on a site of a wholesaler that quoted me a price for my car and the price the dealer gave me was exactly the same.. I sold it my self and made 2 grand more after spending 300 on getting it detailed.

#294 of 476 Re: Price quotes for 2012 Optima EX w/Premium Pkg [michael2595] by scrapalara

Feb 13, 2012 (1:24 pm)

Replying to: michael2595 (Feb 13, 2012 12:47 pm)
I haven't discussed trades with any dealers. I don't expect to get top $$ for a trade, but in my state, the cost of the trade comes off the price of the car when computing tax, so it may be worth the difference (when you also figure in hassle of selling independently). I don't know yet.
 
I interested in whether the price given me by the lowest priced dealer is reasonable, or if there is more room for negotiation.

#295 of 476 Re: Price quotes for 2012 Optima EX w/Premium Pkg [scrapalara] by haggard

Feb 14, 2012 (10:04 am)

Replying to: scrapalara (Feb 13, 2012 1:24 pm)
It is not only reasonable, it might be too good to be true.
 
The EX you describe has an invoice, according to Edmunds, of $25,195 including destination. Your deal is $3,520 below invoice. Even if you are getting $2,000 in rebates, that still means the dealer is giving you his entire holdback of $650 (3% of EX base invoice) PLUS another $870.
 
Some possibilities:
 
1. There is a lot of unknown dealer money out there (which we would hope Edmunds would be aware of).
 
2. They know you have a trade and are planning to get it back there or, if not, they will change the deal.
 
3. You are being lied to in order to get you to closing.
 
If you are basing your expectation on a ZAG or TrueCar price, be careful. I speak from experience, that is the biggest bait-and-switch game out there.
 
I've seen some deals on this and the Optima lease thread that just didn't add up. Every time I tried to replicate, even at the same dealer where one of those amazing deals was supposedly done, I would come up well short of the target and they were not in any hurry to chase me down when I walked away.
 
Good luck, and good for you if you get what they are promising. If you do, could you please post ALL the details so we can see what we may be missing?
 
Thanks.
 
Haggard

#296 of 476 Re: Price quotes for 2012 Optima EX w/Premium Pkg [haggard] by michael2595

Feb 14, 2012 (10:40 am)

Replying to: haggard (Feb 14, 2012 10:04 am)
Haggard,
 
I scatched my head after reading that post and forwarded it to my son who is in the market for one who then went to the dealer. My son called me back asking if I was drunk. The dealers son is in grad school with my son.. Go figure.

#297 of 476 Re: Price quotes for 2012 Optima EX w/Premium Pkg [michael2595] by haggard

Feb 14, 2012 (11:00 am)

Replying to: michael2595 (Feb 14, 2012 10:40 am)
One dealer I briefly worked on a deal with told me that there are more and more salesmen (not coordinated by dealers, of) that create online accounts and post outrageous deals to drive business. She said that is why you rarely get all the details, they are just doing the job online, in advance.
 
Then again, considering the source, that story may be no more true than some of the deals posted

#298 of 476 Re: Price quotes for 2012 Optima EX w/Premium Pkg by cmjf

Feb 14, 2012 (5:26 pm)

Just bought last week in the Philadelphia suburbs. White 2012 Optima Ex non-turbo with both the tech and premium packages, cargo tray/net and wheel locks. $26.7 OTD. So far, very happy.

#299 of 476 Re: Price quotes for 2012 Optima EX w/Premium Pkg [haggard] by scrapalara

Feb 14, 2012 (6:52 pm)

Replying to: haggard (Feb 14, 2012 11:00 am)
I have four quotes so far - 2 dealers have given me a stock # for the vehicles they are quoting. All are offering the same $1500 in Kia incentives. My 3 low prices are:
 
$23175- $1500
 
$23906- $1500
 
$ 24875- $1500 (don't have the color combo I want, but "they can get it"). Only other $$ they discuss is title/tag work (all 3 quoted the same amt, which I verified w/my state DMV) and doc fees, which average about $165 per dealer, and, of course taxes (sigh).
 
I've only been dealing via email thus far. Plan to hit the phone tomorrow and visit the two lowest price dealers to see what's what. Will definitely report back. Wish me luck!
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