Looking to purchase new Kia Sorento
I posted this in response to another thread but thought I'd post my own to get a bit more visibility. I've decided to purchase a new vehicle rather than lease, and it seems to me the Kia Sorento is the best value when looking for a compact/midsize SUV. Here is my thought process, this math would apply to any trim level.
Vehicle msrp + fees (delivery/other/colour/etc as per kia.ca website) - $2000 mfg discount promo - $750 autoshow discount promo - 5% off msrp. And then add HST on top.
So for example, with a Sorento Ex turbo:
MSRP + fees: $38,074
Mfr discount: $2000 (assumes financing for up to 60mths,0%)
Autoshow discount: $750
I'd want 5% off the $38k above: $1903.70
Total discount: $4653.70
Price before HST: $33,420.30
After HST: $37,764.94
Finance over 60mths max to get 0 percent rate: $629.42/mth
Id also want to negotiate accessories and such, like:
Roof rack bars
Oem remote starter
How does that look? Seems like a good deal, based on my research on Invoice pricing, and using unhaggle's free report on invoice pricing.