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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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#45 of 93
Re: 2008 Optima EX V6 [timmboj] by godwheel
Oct 28, 2008 (9:28 am)
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Replying to: timmboj (Oct 28, 2008 6:59 am)

Timmboj,
 
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 93
Re: 2008 Optima EX V6 [timmboj] by backy
Oct 28, 2008 (10:15 pm)
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Replying to: timmboj (Oct 28, 2008 6:59 am)

$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 93
Re: 2008 Optima EX V6 [backy] by csandste
Oct 29, 2008 (7:27 pm)
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Replying to: backy (Oct 28, 2008 10:15 pm)

I agree with Backy. I don't remember paying more than $100 over invoice for any car, ever.
#48 of 93
Price paid by bvr1
Nov 15, 2008 (7:26 pm)
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Bought 08 EX l4 pretty loaded, $20,170.00, $15,000.00 plus tax and fee's
#49 of 93
Re: Price paid [bvr1] by csandste
Nov 15, 2008 (7:34 pm)
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Replying to: bvr1 (Nov 15, 2008 7:26 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 93
2008 Optima LX 4 Dr AT PW PL AC CD CC under $12700 OTD by delgadobb
Jan 13, 2009 (3:26 pm)
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Replying to: csandste (Nov 15, 2008 7:34 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 93
Re: 2008 Optima LX 4 Dr AT PW PL AC CD CC under $12700 OTD [delgadobb] by csandste
Jan 13, 2009 (7:33 pm)
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Replying to: delgadobb (Jan 13, 2009 3:26 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 93
Re: 2008 Optima LX 4 Dr AT PW PL AC CD CC under $12700 OTD [csandste] by backy
Jan 13, 2009 (8:20 pm)
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Replying to: csandste (Jan 13, 2009 7:33 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.
#53 of 93
Re: 2008 Optima LX 4 Dr AT PW PL AC CD CC under $12700 OTD [backy] by csandste
Jan 13, 2009 (8:29 pm)
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Replying to: backy (Jan 13, 2009 8:20 pm)

Backy--Agreed. I thought I got a big discount on mine-- $16K with leather and the appearance group but this is an entire new level of discount. Of course the 09 is out. Are you still looking at the Optima? I know ESC is important and it's now standard-- right? For the record, other than the standard safety goodies (important I know), I really find the 09's rear end looks like the two gen. old Accord. Not as good as the 08 IMHO.
 
For the record, I plan on driving my Optima into the ground.
#54 of 93
Re: 2008 Optima LX 4 Dr AT PW PL AC CD CC under $12700 OTD [csandste] by backy
Jan 13, 2009 (8:51 pm)
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Replying to: csandste (Jan 13, 2009 8:29 pm)

You should feel good about the deal you got. It cost more than the basic Optima the other buyer bought, but you have a lot more equipment on your car, so it should cost more. Try to get a comparably equipped new mid-sized car anywhere close to $16k even in today's rotten car market. And if you use up that 10-year warranty and drive the car into the ground, who cares about depreciation?

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