Anyone else getting a little concerned about resale?

[Mike_TX]

With the off and on talk about the Stinger's future, I'm beginning to get a little worried about getting stuck with a sinking asset. If it gets discontinued, I know my Stinger might just plummet in value overnight, and dealers will snicker when I come in to trade.

I figured I'd trade later this year anyway, but I pucker everytime I see someone mention that the Stinger might get the axe, or at least not get a mid-cycle update. Makes me wonder if I should bail sooner than later. Anyone else getting a little nervous?

 

[Blamo]

Not at all. I didn't buy this car with the thought of it being a financial "asset" or with the immediate re-sale value in mind. That said I have always planned on trading it in once my warranty is up, but that is 7 years/200,000 KM's from now and future me's problem.

 

[MerlintheMad]

Resale? I can't understand a word you say when you mumble. Love the car as-is.

 

[ChaneRZ]

Car has no more value when it leaves dealership. Haha. I buy a car to own.

 

[nhcowboy28]

Resale was already crap. It’s a Kia. It won’t matter if they continue the model or can it. Yes it will depreciate more and more every year. So if that is a concern, bail out.

 

[BertBert2019GT]

I’m driving mine until the engine goes then putting another engine in

 

[jazzdabb]

With the off and on talk about the Stinger's future, I'm beginning to get a little worried about getting stuck with a sinking asset. If it gets discontinued, I know my Stinger might just plummet in value overnight, and dealers will snicker when I come in to trade.

I figured I'd trade later this year anyway, but I pucker everytime I see someone mention that the Stinger might get the axe, or at least not get a mid-cycle update. Makes me wonder if I should bail sooner than later. Anyone else getting a little nervous?

If they are discontinued, trade-in value might tank. However, there are sure to be enthusiasts looking for a good used Stinger. Just ask the Pontiac G8 owners. Sure, it means you need to do a private sale to get the most value but that is ALWAYS the case.

 

[Stinger GT SS]

I would assume resale value would plateau & if discontinued may steadily rise.
Although I don’t live in the US I did closely follow with interest the Aussie built Pontiac GTO, G8, GXP & then Chevy SS & I believe when these were discontinued the pricing steadily rose because people saw them a a rare & desirable car.
This would be my opinion of the Stinger if it was to be discontinued any time soon, but I feel it has a few more years in it yet.

 

[CKeeler]

Nope. I’m doin what @BertBert2019GT said

 

[eflyguy]

No worries here, it's why I lease first.

 

[Flameangel]

Most cars are depreciating assets, I will keep mine for as long as possible, it makes me smile every time I get in, I love most things about it, absolutely no rush to trade it in.

 

[RUFFSTUFF]

Cars are not an investment.

 

[clemson85]

I owned a 2009 Pontiac G8GT for 11 years and sold it in January 2020 Private Party with ease. If the Stinger is discontinued it should have enough interest to hold value better than all other KIA's except for maybe the Telluride. Don't sweat it. Enjoy your Stinger!

 

[Gargamel]

Cars are not an investment.

Cars are an investment in fun!

 

[SafetyPilotCal]

I bought a Kia, I already knew there wouldn't be any resale value.

I buy cars for the long haul, so this wasn't much of a consideration for me. Certain car owners (G8 GXP, Chevy SS, etc) get lucky, but generally you're boned on a new car almost every single time. If you're the kind of person who wants a new car every year or two, leasing is the only way to go unless you get substantial discounts on every car you buy OR you only buy things with known good resale value like an STi or something.

 

[M'Kehyah]

You don't build wealth by buying cars (event the exotic market is tricky). Best strategy is buy a used car that meets your needs and NOT the most car you can *afford*...

If you don't plan to keep a car past a few years - just lease.

 

[Sabs]

For those who took advantage of incentives plus negotiated ~10% off MSRP, the resale value is actually quite good.

In the long term, I think the resale values will be just fine for GT models. The 2.0's will see less demand from car enthusiasts and will likely drop harder.

It's unlikely resale will be anywhere near as good as cars like the Chevy SS. Chevy's have a history of many performance models holding value well, while Kia does not.

However, I do think there will be people looking to pay decent money for Stingers on the used market for years to come. It's a bit of a niche car - reliable, powerful, room for 4 adults or for kids in car seats, liftback. Most agree it looks good, too, which will give it lasting popularity.

I know I would've gladly paid $25k for a 5-year-old used Stinger GT2 if such a thing existed at the time. I suspect others would, and will.

 

[jazzdabb]

Now modifications are another story. Those are just spent money with no resale value -- and some will actually reduce the value of the car. Which is why I plan to save the stock airboxes after my CAIs are installed.

 

[Sabs]

Indeed - always keep your original parts on hand if you have the space.

 

[SKStinger]

Not concerned for the same reasons others have said.

Kia will also likely butcher the exterior design on the facelift, making the first generation more appealing on the used market.