Last post on Apr 13, 2013 at 4:51 PM
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Kia Optima, Sedan
#43 of 472 2008 Optima EX V6
Oct 28, 2008 (7:59 am)
My parents are being offered 19,900 for a 2008 EX V6 with Sunroof, leather, ESC package. MSRP 23,900. 3500 off in rebates and another 500 just to hit my mom's goal of being under 20K.
Are there any other incentives out there we don't know about? Any more wiggle room in KIA? They're not into haggling. But its a bit more car than they wanted. They just wanted a sunroof and the ESC. But colors etc. are hard to find these days.
#44 of 472 Re: [csandste]
Oct 28, 2008 (10:25 am)
I searched on Edmunds for the use V6 EX loaded and couldn't find an equal car within 200 miles of my house! The closest I saw was a 2008 Optima LX with 5K miles going for $12,188. I'm guessing I can try going for under $14K and see what happens. I agree with you, I'm just going to keep this car for a while (reason I'm getting rid of the Elantra is that I have a baby on the way and need the extra room in the back). What appeals to me is that it has leather and all that nice stuff I won't be able to get with the I4 for a lower price.
I guess I'll find out when I drive there this weekend, I'm sure they will give me dirt for my Hyundai, so I'm afraid I'll probably just walk out and wait till my loan is done with the Elantra (2.5 years yuck).
#45 of 472 Re: 2008 Optima EX V6 [timmboj]
Oct 28, 2008 (10:28 am)
Check on the edmunds site under NEW and price out the 2008 Optima EX V6 with all the goodies and get a good idea of what the invoice is. The subtract the rebates to get a good starting point. I would offer $1,000 under invoice + rebates to see the response and see where that leaves you (like was mentioned above, new redesigned model, the extras also allow more giggle room for negotiations etc..)
Report back we'd love to hear an update.
#46 of 472 Re: 2008 Optima EX V6 [timmboj]
Oct 28, 2008 (11:15 pm)
$500 off before rebates is not much these days, as there's at least $1500 (approx.) markup over invoice on that car, plus holdback and possibly other incentives. And it's a closeout on a model that is being refreshed for 2009. Plus the V6 Optimas aren not nearly as popular as the I4s--I've seen 2007 V6s sitting on dealer lots even now. So if I were them I'd shoot for at least another $1000 off or so. If they are not good at negotiating, they should either take someone with them who is good at it, or use a buying service (like Costco).
#47 of 472 Re: 2008 Optima EX V6 [backy]
Oct 29, 2008 (8:27 pm)
I agree with Backy. I don't remember paying more than $100 over invoice for any car, ever.
#48 of 472 Price paid
Nov 15, 2008 (8:26 pm)
Bought 08 EX l4 pretty loaded, $20,170.00, $15,000.00 plus tax and fee's
#49 of 472 Re: Price paid [bvr1]
Nov 15, 2008 (8:34 pm)
Sounds pretty good for an EX. FWIW, the remaining 08's should get big discounts as the 09's come in. I really don't like the 09's styling as well. Has a sixth generation (?)--(two back)-- Honda Accord butt. It's not 1999.
#50 of 472 2008 Optima LX 4 Dr AT PW PL AC CD CC under $12700 OTD
Jan 13, 2009 (4:26 pm)
Just picked up a brand new 2008 Optima LX w/AT, CC, keyless entry & the standard stuff - PW, PL, AC, CD player for under $12,700 out the door. Oh, the AT gets you steering wheel controls for radio & cruise, but I'm sure most of you already knew that.
The way the contract read, it was just over $16K for the car (under invoice), less $5400 in rebates (was really $4400, think they made up the last $1000 to get the deal). A little under $11000 before tax, title, doc fee, etc - under $12,700 out the door. I'm sure they did some funny math, I was just ecstatic to get that deal as I had another one on hold at another dealer for $13,692 & was willing to go with it.
I'm in Las Vegas, agreed with the dealer that I wouldn't mention them by name but there are only a few in the area, so you can narrow it down ... all in the area have lots of inventory, 2009s are just coming out & the rebate just jumped to $4000. Plus, my girlfriend qualified for the college grad rebate, another $400.
#51 of 472 Re: 2008 Optima LX 4 Dr AT PW PL AC CD CC under $12700 OTD [delgadobb]
Jan 13, 2009 (8:33 pm)
Excellent deal--probably the best I've seen, although it makes some of us who paid more a bit more worried about resale.
#52 of 472 Re: 2008 Optima LX 4 Dr AT PW PL AC CD CC under $12700 OTD [csandste]
Jan 13, 2009 (9:20 pm)
You bought a Kia, and you are worried about resale?
The sad fact is, Kias in general depreciate pretty rapidly, and unless an Optima has the safety gear that has become commonplace in the mid-sized class now--and standard on the 2009 Optima--namely ABS, traction control, and ESC, it will be hard for them to hold value. Fortunately, there have been great deals on the 06.5+ Optima almost since it arrived, although it's hard to beat the deal that was just posted. I don't know if you can even get a basic Accent or Rio for much less than that these days.