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For the record, I plan on driving my Optima into the ground.
http://forums.slickdeals.net/showthread.php?sduid=0&t=1126567
2008 NEW Kia Optima HUGE incentives $12676 OTD YMMV
I just bought a brand new 4D car with AT (162 HP, 164 ft-lbs torque, 31 mpg Hwy), AC, power windows, power locks, CD player, cruise, heated mirrors & steering wheel controls for stereo & cruise - out the door for under $13000. Price before tax, doc fees, etc was under $11,000. The sticker on this car was over $18,500 before tax, doc fees, etc. A little background & I'll explain how I got there.'
For those thinking about car shopping, now's a great time to buy. The economy's slow, new car lots are overloaded with inventory, new models are replacing the 2008s & some places are desperate to make a deal. :shades:
I had been looking at used cars & was frustrated with what people were asking, often wanting above dealer retail listed on www.edmunds.com & www.kbb.com - never been a new car guy. However, I decided to look into new vehicles with all the 'teaser' rates around $10,000 in the paper (I'm in the Las Vegas area, if that matters). Many of the 'teaser' ads are for a car that doesn't exist with a combination of rebates for which no human can qualify (i.e. Military, recent college grad, lease loyalty, dealer loyalty, etc). That said, there are still plenty of deals to be had if you do your homework, you're patient & you're persistent.
One example: The 2008 Kia Optima - if it's not your cup of tea, that's fine - I wouldn't have bought one five years ago. They've come a long way to be mentioned along the Toyota Camry, Honda Accord & also greatly improved Hyundai Sonata. It's a plain, simple car, maybe not as nicely appointed as the Camry or Accord but the gap has narrowed. My research changed my mind - internet research, word of mouth from friends & even people inside the auto industry. IF you can live with the fact it's going to depreciate faster than Toyota or Honda because of market perception & IF you don't see a car as a status symbol, this may be a very slick deal for you. Personally, I don't mind having a 2008 instead of 2009 as I'm going to keep & hold this car for a long time; that's also why I'm not getting caught up in depreciation concerns. The 2009 Optimas are coming in & have design changes, so now's the time to make a deal. You still get 5 yr/60K bumper to bumper warranty.
Current rebate on the Optima is $4000 for the 2008 model according to Kia http://www.kia.com/#/optima/offers/ In addition, you might qualify for an additional $400 if you're a recent college grad (we did, as my girlfriend graduated in May). It helped that I knew what another friend had paid several months ago, knowing I'd be able to lean on the dealer to get below invoice, which is $16,595 - by the time you add destination charge, it's $17,235 for the LX 4dr Sedan (2.4L 4cyl 5A). My friend had paid just over $15,000 several months ago, but that number included a dealer incentive as well - didn't matter, that's what I wanted, less the $4000 rebate & the $400 college grad rebate. My target price was $12,600 out the door - never expected to get that, cuz everything had to go right to get to that price, but it was my goal.
All of the Kia dealers told me I couldn't get that, because the previous price was based on a dealer incentive to get it close to $15,000. The second dealer budged a little, eventually agreeing to $13,692 out the door (~$16K less $4,400 rebates plus tax, doc fee, etc); they showed me the paperwork claiming they were taking close to a $2,000 loss since they admitted they desperately needed to move inventory. (I do believe they'd take a loss, but closer to $1,000 once holdback & other incentives were taken into account.) I called my girlfriend, told her she'd have to go with the next day if we did the deal as she was the one who qualified for the college grad rebate. I asked if she was willing to take a shot at the third dealership that night, since that's where my friend bought the car - she agreed. We went, they tried to tell me the same things, claiming the lowest they could go was ~$16K less $4,000 (rebates) plus tax, doc fees, etc. - just over $14K. I told them I already had a deal lower than that, wanted $13K & was willing to pay cash. Their 'concession' was to say they found another $1000 rebate, leaving us just over $13,000. (I don't believe it existed, think it was their way to save face to get the deal.) We hadn't yet discussed the college grad rebate, I told them it would finish the deal - since the rebate comes from Kia, they went for it. $12,676 out the door for a car that would've been over $20,000 at sticker. (Already tinted - necessary in Nevada - & with a security package.) I was willing to do the deal at $13,692 so obviously I was ecstatic to get it for $12,676.
The biggest suggestions I have are:
* Be prepared - do your research & homework, know what rebates & deals exist locally
* Be patient - the first dealer may not give you what you want, I went to three Kia dealers (and many other dealers, sitting on inventory but being more stubborn)
* Be persistent - be ready to walk away if you think they're jerking you around, stick to your guns
* Be aware - know the dealer's pain points & match that (i.e. excess inventory, no activity, poor cash flow) - it helped that I offered to pay cash to close the deal
* Be decisive - when you get the deal you want, be prepared to 'pull the trigger' & act quickly - it's a reasonable thing to offer once you've gotten what you want
Hope this helps a bunch of folks out there, it can work for any car but it's hard to beat the 2008 Kia Optima for value if you're looking for a midsize sedan.
Last edited by delgadobb : 01-12-2009 at 08:49 PM.
Do I miss something here? I was pretty sure that the final dealer's final sticker/sale price does include destination, and only TTL is extra.
So, one should be extremely careful while making a car deal anywhere. Weird things might happen almost any moment. Those guys count on the fact that you are either so exhausted by the end of negotiations and/or you want their car so badly that you'll agree to or miss these little tricks. Unfortunately, too many buyers do. As for me, yes, pity I couldn't get that Insight. But I'm quite flexible and for me there's many cars out there that I'd like to own and many other dealers to visit. I just move on and finally find what I want. Patience does it.
Of course, I didn't want to offend those dealers who are honest. Too bad they seem to be the minority.
I am happy to see that you are blaming the salesmen and not the brand for the negotiation deal, I would simply state that at the next KIA dealer you go to and you'll get and explanation and better service.
You will find Kia wants feedback from consumers they follow up with you with surveys through phone and e-mail after purchase as well as when you get your car serviced at the dealer. Anything bad about the car of the dealer will be addressed. If its the car then the 8,000 engineers they have will work on it for next years model.
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As for the brand, no, I don't have anything against the brand. Otherwise I wouldn't buy their car, would I? I think KIA is grossly underrated. They deserve much better. On the other hand, it is good for us consumers as it gives us nice cars for very low prices.
Both carfax and another title search show it as a privately owned, one owner car.
Thanks.
I haven't checked Edmunds or NADA, but it sounds like a good deal to me. I've had absolutely nothing go wrong with my 07 Optima and Consumer Reports seems to bear this out. Unfortunately for me, and fortunately for your nephew, they depreciate even faster than Hyundais. Probably best bought used after a couple of years...
I haven't checked Edmunds or NADA, but it sounds like a good deal to me. I've had absolutely nothing go wrong with my 07 Optima and Consumer Reports seems to bear this out. Unfortunately for me, and fortunately for your nephew, they depreciate even faster than Hyundais. Probably best bought used after a couple of years...
I think he'd be better off with the 4 cylinder because the 6 cylinder requires a valve tappet adjustment which costs over a thousand dollars, and has to be done by the dealership, whereas the 4 cylinder does not.
What do you think of the Subaru Legacy 2.5i?
I really like the safety aspects of that car.
Any KIA rebates that anyone knows about coming soon - we're looking topurchase by last of JLy 1st wk or two of August
Optima LX auto $19,740 - $2500 Kia cash, - $1000 comp bonus (own a Camry) - $3500 cash for clunkers = $12,740 + TTL + del (not discussed).
Forte EX auto $17,490 - $1000 comp. bonus (own a Mazda 3) - $4500 cfc = $11,990 + TTL + del??
Since I've never owned a Kia, I'm a bit hesitant... I welcome any advice!
Also, I am surprised there is no dealer discount on the Optima. I would expect the dealer would discount the Optima, perhaps more than the Forte since the Forte is a new model. If you like the Optima but are balking because of price, you could make them an offer for $12k (the price of the Forte) and see what they say.
I'm feeling like I shouldn't have gone into the dealer so tired + I had a very long wait for financing, then had to sign a bunch of papers. Anyway, there were a couple of charges on the final paperwork that I signed off on. One was a $149.50 charge with NO explanation right under the tire tax charge of $1.25. The other was a "theft detterent" charge of $299 which I did not ask for (later found out on the net that it's just etching). So, now I'm feeling like I was ripped off for $450. Yes, feeling like an idiot, and yes, I did sign the paperwork. MAYBE the $149.50 charge is legit - and they "forgot" to put what it was for (but I really can't think of what this charge would be - the fact that there is no explanation is really bothersome). The $299 charge - big rip-off or is there any benefit? I wrote a nice to-the-point email - asking for clarification - to the finance manager awhile ago, but I'm sure they won't get it until Monday. Any suggestions? Sigh...
Just want to add that I didn't buy a KIA, so no diss to them. Just thought you guys might be of some help - if there is any recourse.
The time to ask them about both charges was before you signed the purchase agreement. But you probably realize that now. Consider it an unpleasant and expensive but valuable lesson in car buying--for you and those who read this discussion.
BTW, what did you buy?
I bought the Scion Xd. They didn't have the radio installed (some quirky Scion thing), so I'm going back to the dealer tomorrow for that, so I will talk with them...
Maybe I'm beating a dead horse, but they do owe me an explanation for the $149.50 mystery charge at the least. I can't believe that I signed off on that either! Stupid, expensive lesson, but is it just too naive of me to believe they just wouldn't want to lose a future customer for $450? I had talked with them about possibly trading in another car on a Toyota, so do they really not want to p. me off?
Okay, naive, tired, whatever you call it - I've beat myself up enough, I need to at least tell the dealership how I feel. Know that I'm going to talk with them, just don't know who/how to approach it. What more harm could be done? (I'll wait until they install my radio (smile). Thanks.
I would think that identifying the dealer would be worth a lot more potential losses than the small amount they scammed from you.
Now if the check doesn't come... I will post the dealership name. As I'm typing this, two of his other dealerships' commercials have aired on the TV. Weird.
2021 Kia Soul LX 6-speed stick
I've heard of a few states that are less but most seem to be in that range. It seems like the SE US dealers are the ones that really tack on the charges....like $400 to $700 which is really gouging IMO.
I think its the most basic model - we paid $11,500. after the KIA rebate, the competitor rebate for our VM passat (both these rebates totalled $3500) , and the $3,500 we got for the Cash for Clunkers. I always think to myself I could have gotten a "better deal",,if I had held on a little longer. The MSRP including a few small options, like floor mats and cargo net and tray, was $19,145.00
So, my question is, what are others experience with "The Protector" ? Is it worth the $895.00 price ( for both interior and exterior)..or are there other products recommended that would do as well, The dealer promoted "the Protector" as anti-rust agent as well.
Thank you for any advice. It seems like a black colored car will "show everything",,,so I am concerned about keeping it up.
Personally, I enjoy waxing a car and would rather pay $10 once a year or so for a bottle of wax and wax each car 2-3 times a year than pay $895. Also I have a can of Scotchgard I've had for years and use that on cloth interiors as soon as I drive the car home--takes about 10 minutes to apply. But, it's your money, and maybe you don't like the effort involved in waxing a car.
BTW... any wax will act as an "anti-rust agent" by protecting the paint and scratches from the elements.
Also, thanks for mentioning the Scotchgard. In general, how often do you apply it ?
I have the "beige" interior
I bet the black and beige is very sharp. I've never owned a black car, because of the high maintenance factor. But they look great when clean.
And yes, the black and beige,,( a sand beige ) is sharp. Due to the C4C,,there were only 2 Optimas left,,both black, ,and somehow I forgot my own reservations about a black car, and purchased it.
Its only today, the next day, am I remembering why I have had previous reservations about this color, and yes, its the high maintenance,,,...
Our silver/grey Passat has been not much trouble to keep nice,,,and I like it that way,,,so this will be something new,,,!
I saw your post about waxing...just wondering if you have any recommendations on scratches...some jerk decided he needed to key our Mazda 3; it's not very deep - I've heard that something called Mother's powerball?? helps take scratches out.
Since this is a Kia forum, I do have a Kia comment/question. I liked the Optima (and the warranty!) and figure prices might be lower soon since CFC is over. Do you think the '09s will be around for awhile and will be going down in price? I might consider trading another car that doesn't have side airbags or traction control.
I think the '09 Optimas will be available at good prices near the end of the year. Kia tends to introduce its new models around the end of the year (with some mid-year exceptions like the 06.5 Optima). Prices were very low in my area before C4C started. Have gone up about $1500 since then.
The Sandman :sick: :shades:
2023 Hyundai Kona Limited AWD (wife) / 2015 Golf TSI (me) / 2019 Chevrolet Cruze Premier RS (daughter #1) / 2020 Hyundai Accent SE (daughter #2) / 2023 Subaru Impreza Base (son)
I assume the new 11-12 Optima will share engines and platform with the Sonata. Things get so tweaked these days that I'm not sure what a platform is any more. I do know that the last gen Sonata had links and the Optima struts so there were differences.