Last post on Nov 02, 2011 at 8:55 AM
You are in the Kia Rio
What is this discussion about?
#45 of 89 Re: MSRP for the Canadian 2012 Rio 5 [phill1]
Aug 02, 2011 (11:32 am)
"The 2012 Hyundai Accent is going to be a "hard sell" once it`s sibling, the Kia Rio5 finally arrives. Hyundai aught to start rebates and low cost financing immediately (before) Kia launches its new 2012 Rio, IMO."
Did you think the extra features and stuff in the Rio5 was going to be included (for free) or come cheap (relative to the Accent)? Seems that the Rio5 is going to cost at least as much as the 2012 Accent 5. For the 2012 Rio5 EX AT, the price in Canadian dollars is $18,295 plus $1155 for destination & delivery, $100 excise tax and $150-$200 for any color other than white. A top of the line 2012 Accent 5 SE auto has a MSRP in US dollars of $17,555 including D & D. Granted, the Rio5 EX has a sunroof, leather and LEDs but are they worth an extra 2 grand? Also, there isn't much margin in the invoice versus MSRP so there will not be much wiggle room until supply catches up with the pent up demand. Bottom line is that both will sell well and it be a matter of how much you want to spend, dealer location, and features desired.
I opted for the Accent 5 SE auto and am happy with my choice. I got a good deal considering it was the first (of only 2) SE received at my dealership. I got it for MSRP and they threw in the iPod cable and floor mats, 2 fill-ups, and free first service.
#46 of 89 Re: MSRP for the Canadian 2012 Rio 5 [hcalcat]
Aug 02, 2011 (2:58 pm)
I understand your point, with (3) different Trim Levels of the 2012 Kia Rio5, LX, EX, and SX with lots of options packages that one will be able to choose from, I`m sure there will something for (everyone) depending on how much car they want and how much they are willing to spend. Thats always the case. IMO, the exterior styling of the 2012 Kia Rio is infinitely nicer, and no so much Ford Fiesta like, but again, beauty is always in the eyes of the beholder. At least Kia is offering in its Rio and Rio5 line up with lots more choices then Hyundai has offered on its version of its Accent. I also agree that margins will be very slim and until inventory catches up with demand, MSRP without all the usual Dealer add on options like fabric guard, paint sealants, window etching, and the usual Dealer Fee`s, will be the best deal one can expect to negotiate unless you have a (family member) in the business at a Kia Dealership.
#47 of 89 Re: MSRP for the Canadian 2012 Rio 5 [hcalcat]
Aug 02, 2011 (3:54 pm)
I was curious as to how the Rio 5 compared to the Accent, now we have the prices (Canadian), here's what I found: (there is no SE model on the Canadian Accent lineup)
2012 Rio 5 LX ($14,095) vs 2012 Accent L ($13,599)
What do you get for the extra $496 in the Rio?
15” steel wheels with full wheel covers (vs 14” on Accent)
power windows (GL on Accent)
steering wheel audio controls (GL on Accent)
sunglass holder (GL on Accent)
illuminated vanity mirrors (n/a on Accent)
power heated sideview mirrors (GL on Accent)
satellite radio (GLS on Accent)
front and rear mud flaps (dealer option on Accent)
2012 Rio 5 LX+ ($15,595) vs 2012 Accent GL ($15,399)
What do you get for the extra $196 in the Rio?
15” steel wheels with covers (vs 14” on Accent)
satellite radio (GLS on Accent)
fog lamps (GLS on Accent)
heated front seats (GLS on Accent)
Bluetooth hands-free (GLS on Accent)
front and rear mud flaps (dealer option on Accent)
2012 Rio 5 EX ($16,995) vs 2012 Accent GLS ($17,199)
What do you get for $204 less in the Rio?
power folding sideview mirrors (n/a on Accent)
telescopic steering (n/a on Accent)
also available Rio 5 EX at $17,495 (at $296 more than the GLS)
UVO audio infotainment (n/a on Accent)
rearview camera (n/a on Accent)
auto headlights (n/a on Accent)
2012 Rio 5 EX Luxury AT ($20,795) vs 2012 Accent GLS AT ($18,399)
What do you get for $2,396 extra in the Rio?
push button ignition
heated steering wheel
cooling glove box
luggage net and tray
alloy sport pedals
fully automatic climate control
UVO audio infotainment
LED positioning lights
UV-reducing solar glass
power folding sideview mirrors
#48 of 89 Re: MSRP for the Canadian 2012 Rio 5 [conwelpic]
Aug 02, 2011 (7:49 pm)
The feature sets available on the 2012 Rio5 are really amazing and seem like a good value if you are willing to pay the price. Are start-stop and the eco mode included in all the models? Prices seem like a great bargain until you realize that D&D at $1155 and excise tax at $100 have to added to MSRP. Still a bargain though for all that you get. Can't believe that Hyundai would let its little sibling, Kia, undercut and outshine it too much.
My 2012 Accent SE (5 dr) is closest to your Rio LX minus the heated front seats, illuminated vanity mirrors and mud flaps but plus 16" alloys and a leather wrapped steering wheel. It also is comparable to you 2012 Accent GLS.
#49 of 89 Re: MSRP for the Canadian 2012 Rio 5 [hcalcat]
Aug 02, 2011 (8:42 pm)
see my entry at #35 & #39 for price and model breakdown, you will see there is only one model that is ISG Eco. D&D is $1455, not $1155, but its all relative as for the Accent its $1495.
Every vehicle in Canada has to pay the $100 excise tax if you have a/c.
#50 of 89 Re: MSRP for the Canadian 2012 Rio 5 [conwelpic]
Aug 03, 2011 (8:52 am)
What a riot. The Canadian Government or is it the Province of Quebec charges an extra $100. excise tax for A/C? Like its does`nt get hot in Montreal in the Summer? Sure your heat waves don`t last for months like here in Florida but I remember visiting Montreal for weeks at a time in both July and Aug when the temperatures were near 100 F` or over with (high humidity) as well. Guess its their way of collecting a "sin or luxury" tax. Wonder if your Politicians in Ottawa have A/C in their Government provided vehicles? Was that $100 tax for A/C waived or did the Canadian Tax Payers foot the bill? I`m flying up to Montreal for a week long Holiday the last week of Aug to get my fill of Smoked Meat, Poutine. and both Laurentide & Molson Export Biere. I by the way haven`t watched a Washington Nationals Baseball game since the Expo`s left town. I was there at Olympic Stadium for the last home game series the Expo`s played against the Florida Marlins who wept the series. For those that care, your former Expo`s Owner Jeff Lauria who now owns the Florida Marlins is still the same low-life as he was when he owned the Expo`s. The City of Miami rewarded him by building a 400 million dollar enclosed Baseball Stadium which the city is almost in Bankruptcy over, due to his threat to relocate his Team elsewhere. They hardly ever get 7000 per game anyway where most Triple AAA Franchise`s draws a larger fan base. I apologize for going (off) topic!
#51 of 89 Re: MSRP for the Canadian 2012 Rio 5 [phill1]
Aug 03, 2011 (11:20 am)
the $100 excise tax is a federal government charge.
#52 of 89 Re: MSRP for the Canadian 2012 Rio 5 [phill1]
Aug 03, 2011 (12:09 pm)
Phil, I hate to break it to you but the strong Canadian dollar is worth about 4% more than our slip sliding US dollar. This means that if their prices translate over, you have to add about $650 dollars to the prices provided by conwelpic in Canadian dollars. And rumor has it that our dollar will slide even further making it inevitable that the Korean (and Japanese and German) companies will increase their prices even more. Look out if the rating agencies lower the US bond rating a notch or two. Who knows where it will be in November when the Rio5 is sold in the US. Bottom line is that you will need to add at least another $2K (with D&D) to the prices provided by conwelpic. Guess my 2012 Accent SE is looking better and better.
#53 of 89 Re: MSRP for the Canadian 2012 Rio 5 [hcalcat]
Aug 08, 2011 (10:49 am)
Well, I`m can`t tell you how happy I am for you are your recent purchase of your 2012 Hyundai SE Hatchback. The devaluation of the US Dollar thanks to the Tea Party pushing Standard and Poors to downgrade our credit rating from AAA to AA+ has already happened since you Posted. If you acknowledge the now 6% DROP in value of the US Dollar against the Canadian Dollar, not only will the new 2012 Kia Rio5 Hatchback be priced higher, but the 2012 Hyundai Accent Hatchback as well, right? Your a Genius to have anticipated the future and bought your new 2012 Hyundai Accent (before) the future Price Increases. Regardless, I would like to remind you, for those that are looking for more "option & content availability" the Accent has so little to offer compared to its sibling, the Rio. If "price" is the only consideration, like it appears to be for Poster, "nucarshopper" then perhaps purchasing a New Vehicle with its immediate steep depreciation might not be such a wise idea and buying a one year old previously owned vehicle might be more prudent. If, like myself, your going to be "married" to your newly purchased vehicle for 5 years or more, you might as well get exactly what options and content that is important to you rather then suffer, (buyers regret), after such a large purchase. Some folks want more then just safe,dependable&reliable transportation. The 2012 Kia Rio5 sales should begin late Sept or early Oct here in the US, not Nov if all goes as planned. The first shipment arrivals have already hit some US Ports and lots more are on their way across the "pond". For a while, they will be in very short supply and I expect will be the hottest newly launched vehicle since the Mazda Miata Convertible was almost 2 decades ago. Availability, color selection and option content coupled with almost guaranteed full MSRP PLUS Dealer Fee`s will make many, including myself to wait it out a few months and be prepared to pay even a bit more as the US Dollar continues to regress against Foreign Currencies.
#54 of 89 Re: MSRP for the Canadian 2012 Rio 5 [phill1]
Aug 09, 2011 (8:48 am)
Phil, granted the 2012 Kia Rio5 has an options and features list a mile long but the 2012 Accent SE is not exactly what anyone would consider "bare bones". The only feature that I miss that is available on the Rio5 is the rear backup camera (the Accent's rear window is tiny). I like the driving dynamics and quietness of the Accent which is still an unknown on the Rio5. Apparently there are some folks out there that agree with me as the Accent was the hottest selling sub-compact in July, outselling the Ford Fiesta, Nissan Versa and Honda Fit.
Actually my plan was to wait on purchasing the Accent and see a Rio5 comparison (ride and driving dynamics) but the Hyundai dealer made me an offer I couldn't refuse and it was exactly the color and model my wife wanted. I was surprised he was willing to negotiate because it was the first SE he received and it actually sat inconspicuously on the lot for a week. I know that it will be/is a hot seller but maybe people in my area don't know about it yet. All 7 of the 2012 Accents they received so far are gone now and they continue to just dribble in. Which begs the question, is it better to purchase a hot new model at introduction or wait until the supply builds up and the demand subsides? In most cases the latter approach results in a more favorable price but now with shifting tastes (more people are moving to small cars), a dropping greenback, increasing worldwide demand, and limited production, you may have a long wait and still end up paying more. The times they are a changing.