Looking to purchase new Kia Sorento

smrtphur wrote: ↑ Sorentos are nice but fyi new update is coming with my19 and turbos are being dropped from the offering as well. Perhaps if you dont mind the updates wait till 19s come for better discount on 18s

l2iceman wrote: ↑ Hi everyone, just an update - I spoke with one of the dealers, provided them with this formula:
Invoice Price + fees (colour, other taxes/levies, delivery/destination) - manufacturer discount ($2000) - Autoshow discount ($750), and then HST on top of all that.

They mentioned that selling at "invoice" price is exactly what the dealer's cost is, and so they would be selling at zero profit. I mentioned the other fees listed on kia.ca such as Delivery/Destination, "Other taxes & levies", and he said those go straight to Kia, not the dealer.

I thought I read somewhere that these fees were where the dealership makes money.

The dealership mentioned I should do it like this, as no dealer will sell with my math due to zero profit:
Invoice price + dealer markup (say 2-3%) + fees - discounts, and HST on top.

Any inputs? Or should I just look at other dealerships?

OKSpring wrote: ↑ The dealer is mostly correct in this situation. They need a mark-up, 2-3% is fair, but that's the amount you need to negotiate and be satisfied with.

Nobody in Joe public knows the true or exact invoice price (dealer's get various kickbacks), that portion is not worth chasing.

l2iceman wrote: ↑
The dealership mentioned I should do it like this, as no dealer will sell with my math due to zero profit:
Invoice price + dealer markup (say 2-3%) + fees - discounts, and HST on top.

Any inputs? Or should I just look at other dealerships?

Breton_Rex wrote: ↑ Oil changes
Roof rack bars Cargo tray
Side steps
Oem remote starter

=================
As a recent owner of Sorento 2018 (6 months), I would question your numbers as way too optimistic to get them all. Some yes, one will get them, go to unhaggle and get the lowest price they can get for you in a free estimate;
then you can go to dealers and ask for more, say few hundred dollars, but not for sure few thousands like you mentioned in a first post here. Use Unhaggle premium service (at the cost of $113), then having max 2 days use their lowest price to shop around and if you bit it, you will get that initial $113 back from Unhaggle. These free accessories not realistically to get them free; just for your knowledge the remote starter (best on their website) will cost one around $600 for part + installation: paid $540 after some discount----it is not 2 way remotes, but 1 is 2-way and other remote is 1-way.

Also, I would support for waiting for 2019 model as an age proof for some first couple of years. There is always a solution to one's problem, just one's should ask questions how can it be done.

Very happy owner of 2018 Kia Sorento (fuly loaded) and like every inch of it. 3 rd row is almost invisible (folded down), but a very practical every few months when needed ocassionally.
V6 engine is a very good much to it, and the fuel consumptions is higher in a city driving (well, in a first months of owning it).

Hobbess wrote: ↑ I'm looking at the Sorento to replace an older CRV. Just started shopping, and it's well reviewed on the USNews site that aggregates various reviews.

I'm looking at SUVs with options for 3rd row seating for occasional use. My budget is probably pretty similar.

For the couple of you that got the Sorento - what did you compare to and what sold you on the Sorento?

Hobbess wrote: ↑ I'm looking at the Sorento to replace an older CRV. Just started shopping, and it's well reviewed on the USNews site that aggregates various reviews.

I'm looking at SUVs with options for 3rd row seating for occasional use. My budget is probably pretty similar.

For the couple of you that got the Sorento - what did you compare to and what sold you on the Sorento?

l2iceman wrote: ↑ For me, it was the value of the vehicle vs competitors. We wanted a 3rd row "SUV". We don't have any real plans to use the 3rd row, but it was one of those "just in case" needs. Aside from a base Dodge Caravan or Dodge Journey, the Sorento had the best value per dollar in my view. I looked at pretty much all other 3rd row around this price point, but they were all more expensive. For example, with the Pathfinder, the base Pathfinder is cheaper than the EX V6 i got, but I wanted some features such as back up camera, push button start, leather, etc, and the next step up from base is the SV Tech (no SV this year in Canada), which had some of the features, but no leather (but includes navigation), yet still cost $3000 more than the Sorento. Granted, the pathfinder will likely hold a higher resale value, but I made my purchase for the long haul, and so am not concerned with resale value 10-15years down the road.

With the Dodge Journey, the base price is very attractive, but once you add in AWD, leather package or whatever it was, to make it on-par with the EX V6, it was still more expensive.

Mind you - I did not go to every manufacturer's showroom - I purely did this based on MRSP and promotions at the time, so YMMV on price comparisons.