Last post on Dec 08, 2013 at 2:33 PM
You are in the Sedans
What is this discussion about?
Hyundai Sonata, Toyota Camry, Honda Accord, Nissan Altima, Volkswagen Passat, Mazda MAZDA6, Ford Fusion, Chevrolet Malibu, Kia Optima, Car Comparisons, Sedan
#16800 of 20221 Hey guys. I'm new! New 2012 Kia Optima EX!
Jun 14, 2012 (6:27 am)
I finally got rid of my 99 Grand Cherokee V8. After 8 years of major service and maintenance costs paid out of pocket, it was time to make a choice to get rid of her.
So, I shopped around for a midsize sedan, expecting to take home a new Accord....But the Kia Optima EX really caught my attention. I shopped around from Oct till the last sales day of December.
Fairfax Kia totally gave me the best deal on the Spicy red EX. The sticker was $24,540, but he agreed right away to sell if for $20k flat. I added Lo-jack and extended the warranty to bumper-bumper for 100k. Even my brake pads and tires are covered.
Out the door price, with 3% interest rate, NO DOWN PAYMENT, including tax, fees and tags was 24,000. So, 24k is my total of payments. Payment is 437 a month, 5 years.
So, now that I have had her for 5 months, I have had no problems whatsoever with her. Great car, good looking, and to prove her good looks, I have people walk up on me and say "man I want one of those!!!. The car ranks high in many magazines. I am TOTALLY happy with it!
#16801 of 20221 Re: Hey guys. I'm new! New 2012 Kia Optima EX! [cski]
Jun 14, 2012 (8:38 am)
Am I missing something? $437 per month for 60 months totals $26,220, not $24,000. Perhaps your loan value was $24K and the rest interest?
#16802 of 20221 Re: Hey guys. I'm new! New 2012 Kia Optima EX! [badgerfan]
Jun 14, 2012 (9:50 am)
I think he meant nothing down. You are right that 24K at 3% is about that payment.
Jul 16, 2012 (10:50 am)
Bought this car in 2006 and put 5200.00 in it and now the resale value is down to 2000.00 Timing belt, rusted oil pain ( car sits in garage) yearly brakes, starter, sensor, Battery, Radiator and many more items I replaced. I will never buy a Kia again! Not built to last.Money pit!
#16804 of 20221 success getting a car loan?
by Stever@Edmunds HOST
Jul 16, 2012 (1:52 pm)
A reporter is interested in talking to someone who had trouble getting a car loan but finally had success within the last couple of months. If you fit this description, please contact predmunds.com with a brief description of your experience and your preferred contact information by the end of day Tuesday, July 17, 2012.
#16805 of 20221 Re: 2006 kia optima lx [justme5803]
Jul 16, 2012 (6:30 pm)
Sorry to hear that you had so many problems with your Kia. The Kias I've ridden in are not up to Toyota or Honda standards of finish. Example; my 2004 Prius with over 201,00 mile has had replaced except a water pump at 196,000 miles. There are no belts or hoses to replace or transmission adjustments/tuneups, outside of spark plugs, fluids, & filters nothing has had to be replaced except the water pump. My local Toyota garage doesn't even carry brake shoes in stock since they last so long. They have to be shipped in if and when needed.
#16806 of 20221 Re: 2006 kia optima lx [gene84]
Jul 17, 2012 (3:38 am)
For the record, reduced Prius maintenance is really the result of it being a hybrid more than it being a Toyota. The brakes last a long time because they're secondary to the regenerative system - they're simply used less. The same can be said about many of the traditional ICE components that exist in any hybrid: When being propelled electrically there's little to no wear on the ICE side of things so those components last longer.
That said, the Kia was more problematic that I would expect.
#16808 of 20221 Re: 2006 kia optima lx [fushigi]
Jul 17, 2012 (5:55 am)
On the Prius, the lack of wear on it's brake's is due to regenerative braking (which generates friction by spinning a motor backwards thus generating electricity..just like you said). However, I suspect that the lack of brake wear is due to many owners driving 20mph everywhere. "Look at me! I am saving the world!!!". LOL.
#16809 of 20221 Re: 2006 kia optima lx [gene84]
Jul 17, 2012 (6:24 am)
200K plus on a Prius is impressive! That's someone who gets his money's worth out if the hybrid!