Last post on Nov 20, 2013 at 8:49 AM
You are in the Kia Optima
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Kia Optima, Sedan
#436 of 508 Re: 2013 Optima SXL - Black - $29000 [jeffreye]
Dec 29, 2012 (5:33 pm)
looking at this same car....did yours include the technology package and chrome package? the msrp on the one I'm looking at is close to yours. The dealer appearance stuff is showing $36400 I think. Anyway, I was quoted dealer invoice price of $33400 + some $200 dealer fee. There is a Kia competitive bonus of $2000 and a college grad bonus of $750. The question I had for you was did your $29000 price have bonuses off of it? I'm trying to see if the invoice they gave me is a good price or not. With bonuses, I'm at $30899 plus taxes and tags. thanks for your help!!
#437 of 508 Re: Leased 2013 Optima SXL [honda_ig]
Dec 30, 2012 (6:17 am)
Where are you located? I am shopping in FL right now, didn't get anywhere close to your numbers, with $2000 down. Best I can find is $390/mo, incl tax. SXL . Need advice ASAP!
#438 of 508 SXL, white, chrome, tech and premium
Dec 30, 2012 (10:23 am)
Still shopping for a better deal. Local dealer (SW FL) offered :
White with white napa leather.
$390/mo includes tax
From what I figure the cost of the car is $32,000. MSRP was $35,800 to start. Trading in a vehicle with about $1000 negative equity that they are taking.
Any thoughts? Anyone else get the SXL recently? I am seeing more posts for the SX with premium and tech packages but I really like the SXL, just not sure it's worth what appears to be an extra $70-100/mo in payments.
#439 of 508 Re: my new optima sx turbo [cski]
Dec 30, 2012 (11:30 am)
This 2012 Optima EX with Premium package is just what I am looking for.
I have visited this forum before but am not accomplished at figuring out what is said in many of the posts. I am learning and thanks to all those who post here.
I am interested in figuring out how to negotiate for a 2012 Optima EX with Premium package.
I am wondering how did the negotiations go so a $24265 sticker comes down to $20,500 paid?
If you paid cash, could you have obtained the car for $20,500 not including taxes, title and license (TTL)?
If paying cash, would $20,500 + TTL equal the Out The Door (OTD) total cost of driving the vehicle away from the dealership?
What is GAP: $500 for?
Is lojac the same a lojack (stolen vehicle recovery system)?
Thanks for your help
#440 of 508 Re: 2013 Optima SXL - Black - $29000 [hitraceyd]
Dec 30, 2012 (4:02 pm)
Just wanted to update...we bought today at a competing dealer and got the following:
Black optima sx limited with premium and technology packages. It also included the cargo mat, cargo net, wheel locks, and bumper decal. Optima floor mats, too, not sure if those are standard or not.
Price was $2808 off MSRP, which ended up being $32737. We got another $3250 off in KIA bonuses (competitive, college grad, and KIA financing). So, final price was $29487 before taxes and tags. We added the extended warranty for $1000. The KIA financing bonus gave us $500 off but a slightly higher interest rate of 4.9. However, we are refinancing through our own bank for 2.9, yet still get to keep the $500 bonus. Hope this info helps!
Oh, this was ellicott city, md.
#441 of 508 2013 Kia Optima LX- Buffalo NY $212.97 month -no money down
Dec 30, 2012 (4:52 pm)
Just picked up a new 2013 optima lx
base model, automatic, only options were $115 floor mats and $39 ipod cord
the sticker price was around $22,200 i believe
the residual was 57%
money factor was low....0001....or something like that..very similar to other lease posts
got lease bonus money and competive owner rebate which the dealer applies as a cap cost reduction
our county sales tax is 8.75%...and the lease showed i paid a total of $975 in NYS and county taxes.
I did need new plates as this was an additional car for a family member
so the negotiated price was $212.97 for 39 months, 1,000 miles per month allowance, $.20 overage, it was done thru kia leasing company
the only money at closing was $130 for new plates and NYS vehicle registration and the first $212 month payment.. no down payment, no other money down
(so i owed 38 remaining lease payments,,,which is on the lease contract)
i think this is a good price. what does everyone think.
also dealer provides free oil changs for as long as i lease the car/own it.
I would be happy to refer you over to my car dealer....they were terrific
you can reach me at my posting name at gmail.com
i believe these incentives also required taking deliveryby 12.31
i will also note that rochester ny delivery had similar offering for an advertised $215 month
#442 of 508 questions on Optima EX incentives & a CHALLENGE
Dec 30, 2012 (7:11 pm)
Does anyone know about the following two incentives for Kia Optima EX buyers?
First Incentive: On Edmunds web site in the area of incentives for the Kia Optima EX there is an incentive category called “Other”. In the “Other” incentive category there is an incentive titled: “Other Incentive 1”. The “Other Incentive 1” is available from 12/04/12 to 01/07/13. Below is the text of the “Other Incentive 1”:
“You Pay the Same dealer invoice pricing plus $500 Supplemental Incentive is available towards retail purchase. Dealer participation in this program is voluntary and all dealers are not required to participate. Customer may purchase a vehicle from the dealers stock at invoice price plus receive a $500 Supplemental Incentive. Program can be combined with any available Customer Cash. Cannot be combined with any APR or leasing offers through Kia Motors Finance or Hyundai Motor Finance. See participating dealer for details.”
Some of the wording in the text above is quite confusing. For example, what is meant by the phrase: “Program can be combined with any available Customer Cash”?
I am wondering if I can find a local Kia dealer volunteering to participate in “You Pay the Same” program.
My CHALLENGE to this forum: I am going to call all of the Kia dealers in the Minneapolis, MN area and ask them if they participate in “You Pay the Same”. I am asking you to do the same thing in your area. I will report my results back to this forum by replying to this post and I would love to see many of you do the same thing. Good luck.
Second Incentive: Looking on the Kia company web site, www.kia.com , I found an incentive called “$2000 Competitve Bonus For Qualified Buyers” active from 12/04/12 thru 01/07/13. There is a list of eligible qualifying competitor vehicles available on the Kia web site. I do not find this incentive on the Edmund’s web site.
Does anyone know about either of these incentives?
Does anyone know of a dealer participating in “You Pay the Same” program?
Any clarifying comments on these incentives are appreciated.
#443 of 508 Re: my new optima sx turbo [tseverson1]
Dec 30, 2012 (8:50 pm)
First off I do not see where there is an EX with Premium at a MSRP of $24,265. The EX starts at $24,911. So don't believe everything you see on here. Second, an EX in a basic color with Premium would be $27,225 MSRP and go up from there. However prior to any incentives it the dealer invoice would be back down to $24,911. THen you could get the competitive bonus cash $1,000 plus the loyalty cash at $1,000. College graduate and Military (if available to you) would be $750 and $500 respectively. Which would bring your price to about $22,911 or lower if you qualify for one or both of the others.
Then you will have tax. You need to know the tax rate in your area so you can calculate that on your own because they will try to give you a "high budget number" to get you to agree on a final payment or price for the car out door. Be sure to get "Exact" numbers from them for tax, title, license before agreeing to a price. Then they are going to try and hit you with "Doc" fees and other dealers costs and add ons. After going through all of that be sure to get the best financing available. I think right now that is 0.9%. Remember right now ALMOST EVERYONE can qualify for Tier 1 financing. DO NOT let them tell you that you are not tier one and that they can't give you the best financing. That is another way for them to make money on the car. They get paid from Kia Finance which is completely separate from the dealer. Just like selling a mortgage.
GAP Insurance is when you buy the car and drive it off the lot it loses value. So if it was totaled and you owed $26,000 to pay it off and then the insurance pays you only $24,000 to total it.... then you are stuck paying $2,000 for nothing. This gap insurance plan is to pay off that difference in the event that happens. THIS IS A BIG TIME GAMBLE. At a low interest rate you should have equity in your car in 14-18 months. so that $500 cost is only worth it for those first couple months. And as you slowly pay it off the value of the GAP plan becomes less and less.
as far as the lowjack question you need to ask if it works with the local police department and if there is any type of subscription to it.
#444 of 508 Re: SXL, white, chrome, tech and premium [tampa_ajn]
Dec 30, 2012 (8:56 pm)
Be sure that if you trade your car in they give you the tax allowance on the difference. This is one thing they try to keep from you if you are not aware of it!!! They should only charge the tax on the difference of values regardless of your equity position.
#445 of 508 Re: questions on Optima EX incentives & a CHALLENGE [tseverson1]
Dec 30, 2012 (10:05 pm)
I just found this information on the Kelly Blue Book web site in the Kia Optima incentive area.
Supplemental Customer Incentive,
You Pay the Same (Expires 1-7-13)
(Under the "You Pay the Same" Program Kia Customers Pay the Same For a New Kia as a Kia Team Member) (Incentive Combinations & Availability May Be Restricted by Regional or Fleet Rules & Other Factors -- See Dealer for Details)