What did you pay for your Kia Stinger?

[n8hegr8]

wish i could magically get my monthly note lower. i am poor, never shoulda bought one. yolo.

 

[JSolo]

Just curious as to what happened to kia financing? My dealership told me the only discount offered was a $300 Military Discount. The dealership didn't offer it instead fixing me up with a high loan rate which I am sure they make money off of. Fortunately I was able to get a much lower rate from my credit union.

Good for you! I was offered $1K rebate (actually $920 after taxes) with a higher rate or a lower rate without the rebate. I chose the rebate (w/ kia finance). Paid a total of ~$6 interest to KMF, refi'd within 2 days.

 

[bfglitch]

Good for you! I was offered $1K rebate (actually $920 after taxes) with a higher rate or a lower rate without the rebate. I chose the rebate (w/ kia finance). Paid a total of ~$6 interest to KMF, refi'd within 2 days.

Same here. Only a $500 for the military discount at the time but in order to get it I had to finance with Kia Financial at some crazy high rate. The second I got the paperwork in the mail from Kia Financial I signed on to their site, requested a payoff amount and called my credit union to refi. Interest rate I have now is a fraction of what Kia Finance gave me.

 

[JSolo]

I didn't wait for any emails. The following morning after buying the car I had an email from KMF to set up the online access. Original rate was 5%, new rate 2%. Car paid off within the year. Took ~45 days give or take to get the title after paid off.

 

[Jasonarmstrong]

My dealership didn't even mention kia financing as an option I wonder why? Do they make more money off of corporate banks? They also said 5% and then the paperwork was 5.5%. Also they added 450.00 for their oil change program I declined. I still am trying to get that refunded which they agreed. I did find an article mentioning $1000 off stingers in the month of June 22, but nothing for July when I bought my car. I am seriously thinking of contacting kia to see what's up.

 

[stoopid]

My dealership didn't even mention kia financing as an option I wonder why? Do they make more money off of corporate banks? They also said 5% and then the paperwork was 5.5%. Also they added 450.00 for their oil change program I declined. I still am trying to get that refunded which they agreed. I did find an article mentioning $1000 off stingers in the month of June 22, but nothing for July when I bought my car. I am seriously thinking of contacting kia to see what's up.

Probably financial trickery/tactics. Adding services and changing interests rates quoted into the final paperwork is illegal but impossible to enforce. It's a he said, she said. Onus is on the buyer to actually read the final contract before signing.

Dealer makes more/less depending on what kickback they're getting at the time from the financing company. Also, a lot of these financing companies/banks are pulling back from offering loans and especially to those with poor or marginal credit. Repossessions are up and wholesale (auction) car prices are starting to dip, there's a lot for them to be nervous about with people not making payments and how that is going to affect those loans as they go into default.

 

[Jasonarmstrong]

Probably financial trickery/tactics. Adding services and changing interests rates quoted into the final paperwork is illegal but impossible to enforce. It's a he said, she said. Onus is on the buyer to actually read the final contract before signing.

Dealer makes more/less depending on what kickback they're getting at the time from the financing company. Also, a lot of these financing companies/banks are pulling back from offering loans and especially to those with poor or marginal credit. Repossessions are up and wholesale (auction) car prices are starting to dip, there's a lot for them to be nervous about with people not making payments and how that is going to affect those loans as they go into default.

Thanks yes it was my bad for not getting a printed copy of my invoice since they use a digital table and constantly switch screens . I made a negative review and they responded it was a clerical error and contacted me to issue a refund. I guess I am irked a bit from them extracting every cent they could. The sales guy even asked me if I wanted premium or regular in the car when they were getting it ready which was another tactic to make me feel like they were there for me. Lol

 

[stoopid]

Thanks yes it was my bad for not getting a printed copy of my invoice since they use a digital table and constantly switch screens . I made a negative review and they responded it was a clerical error and contacted me to issue a refund. I guess I am irked a bit from them extracting every cent they could. The sales guy even asked me if I wanted premium or regular in the car when they were getting it ready which was another tactic to make me feel like they were there for me. Lol

Sounds super shady to me, no way I'd accept an all digital deal. If it's not on paper/carbon copied, it can be easily manipulated (or in this case, using technology to obfuscate details of the deal).

 

[JSolo]

I went in with a spreadsheet designed to mirror what the dealer's final bill of sale should look like. This included all the fees, rebates, TTL, etc. In the end we were about 25¢ apart on final prices. There we no surprises.

Spreadsheet in attached .zip file.

Edit: The finance guy provided a broken usb flash drive with all the paperwork scans. Im glad I insisted on hard copies. Flash drive not readable/corrupt when I tried it at home.

 

[Blueangel]

Anyone here purchase from car max?

 

[JSolo]

I've sold to carmax. Several times now.

 

[Blueangel]

I've sold to carmax. Several times now.

How about purchase? Wondering if it was a painful process lol

 

[JSolo]

I'm too ocd and anal retentive to buy a car from them. Also, I enjoy the haggling process (and walking out). No haggling with them.

I imagine the rest of the process is similar to other dealer. You either have a check from your lender/bank or they set up the financing for you. The rest is just standard paperwork. They probably try to sell you on the extended warranty.

I will say this, the impression I got waiting for them to process the car they were buying, the whole thing seemed very industrial like. There were at least 2 employees involved.

Regardless where you buy it from, test drive thoroughly including getting it on the hwy for some miles (at hwy speeds). Some issues not present at lower speeds becomes apparent at higher ones. I don't know if they'll let you have the car long enough to have your own mechanic check it out.

What are you looking at?

 

[stoopid]

How about purchase? Wondering if it was a painful process lol

All these vending machine style online dealers have issues with paperwork and getting titles to buyers. That's really the biggest con to going that route. Then what JSolo said about the other details in the buying experience, which are more/less important depending on the buyer's needs. But having a title is required and can be a big issue after your state's post-sale grace period expires.

 

[JSolo]

^^I thought carmax was at a higher standard when it comes to the title/registration paperwork. There's 3 or 4 of 'them in the general area here. Been here a long time.

If a car is coming from an out of state store, I can definitely see potential issues. When the accord got sold, it didn't go online until a good 2-3 weeks later. I'm sure the car was cleaned and prepped within days of the sale, but they can't sell without a title in their name. ironically, it was bought in glencoe, il, but then transferred to their madison wi store for sale. Sold within a few days. New owner registered the car near rockford, il. The car originally came from rockford honda. Talk about full circle.

 

[Blueangel]

I'm too ocd and anal retentive to buy a car from them. Also, I enjoy the haggling process (and walking out). No haggling with them.

I imagine the rest of the process is similar to other dealer. You either have a check from your lender/bank or they set up the financing for you. The rest is just standard paperwork. They probably try to sell you on the extended warranty.

I will say this, the impression I got waiting for them to process the car they were buying, the whole thing seemed very industrial like. There were at least 2 employees involved.

Regardless where you buy it from, test drive thoroughly including getting it on the hwy for some miles (at hwy speeds). Some issues not present at lower speeds becomes apparent at higher ones. I don't know if they'll let you have the car long enough to have your own mechanic check it out.

What are you looking at?

I was looking at a gt2 based in VA. Carfax is clean, apparently only used as a lease for 12 months. Price dropped 1k this week.

 

[wildpig1234]

$41K for a 2018 GT2 after everything including tax, title, etc and a 6yr/72K miles addon warranty.. I think i overpaid a bit. but it is unfortunately how market is nowaday ;(

 

[Nedstand]

$41K for a 2018 GT2 after everything including tax, title, etc and a 6yr/72K miles addon warranty.. I think i overpaid a bit. but it is unfortunately how market is nowaday ;(

How many miles on it?
Thinking about trading my 2018 for a new one if the $ makes sense.

 

[wildpig1234]

How many miles on it?
Thinking about trading my 2018 for a new one if the $ makes sense.

34K miles.

 

[Transmetal]

$41K for a 2018 GT2 after everything including tax, title, etc and a 6yr/72K miles addon warranty.. I think i overpaid a bit. but it is unfortunately how market is nowaday ;(

Not sure where you live but these are on Autotrader in my area.

Autotrader - page unavailable

Autotrader - page unavailable