[fgpalmer71]

Originally Posted by SteveinArizona

That would be a huge mistake for Genesis. An essentially new luxury brand has to start off with a bang. If the dealers mark up the cars above MSRP, they will lose, probably forever, future buyers for a short term profit.

I for one will never shop at a dealership that does this.

I don't disagree with this sentiment. Although I've owned 2 Genny's and am a believer in their ability to produce a solid luxury vehicle. But...everyone seems to do this with their models that are perceived as being "hot" at their release. Honda dealers did it with the Type R...BMW....Mercedes....KIA now. I'm having a hard time thinking of any manufacturers who's dealers DON'T fall into this practice honestly. Except for Tesla that is. But if they had a traditional dealer network I'd venture to guess it would be the same song there too. I'm not a fan of the practice and can't ever see myself partaking in paying over MSRP, just like you. I find it hard to believe Genesis will be hurt by the practice, but again, time will tell, you could be correct.

[Smgs1992]

Originally Posted by fgpalmer71

I don't disagree with this sentiment. Although I've owned 2 Genny's and am a believer in their ability to produce a solid luxury vehicle. But...everyone seems to do this with their models that are perceived as being "hot" at their release. Honda dealers did it with the Type R...BMW....Mercedes....KIA now. I'm having a hard time thinking of any manufacturers who's dealers DON'T fall into this practice honestly. Except for Tesla that is. But if they had a traditional dealer network I'd venture to guess it would be the same song there too. I'm not a fan of the practice and can't ever see myself partaking in paying over MSRP, just like you. I find it hard to believe Genesis will be hurt by the practice, but again, time will tell, you could be correct.

My opinion on this is that those are well established brands doing it and basically just on highly desired limited production cars. Not a run of the mill luxury car that hasn’t proven itself. I think Kia tried that with the Stinger and it didn’t pay off well. I don’t see or hear about them very much at all.

[David70]

Originally Posted by JP10

I had genesis quote me a base model, low as you can go, of the GV80 and they were marking it up $12k, came out to $61k. It was nice, but that was tough to swallow.

Made it home finally, 11hrs and a shit load of rain later. Didn't know but that telluride will almost drive on it's own, nice little feature. Ride was comfortable throughout, and I moved like a bat out of hell through then rain. About a 700mile trip.

I have less of a problem with the dealer doing it and more of a problem with the vehicle not being worth it. When a dealer marks up a car above MSRP it is simple to see it, nothing hidden, and it's just a choice on whether the vehicle is worth it or not. I don't understand the logic in a vehicle that is selling for less than MSRP must be a better deal than a different vehicle selling above MSRP, to me it depends on the vehicles and what I would get for the money.

A base Genesis 4 cylinder, rwd SUV (??), in my mind not close to being worth $62k.

[keg97]

To the OP- interested in how you like the Kia. Especially comparing it to some of the other things you test drove (more of the luxury marquees).

[JP10]

Originally Posted by keg97

To the OP- interested in how you like the Kia. Especially comparing it to some of the other things you test drove (more of the luxury marquees).

So far we love it. Drives very smooth, cabin noise is slight to none as they use noise damping glass, transmission is nice and smooth as well. Her CX-5 transmission was jerky in traffic which was annoying to me. Infotainment system works well, and there are still a lot of functions we are figuring out. It has remote start/stop, you can even set you're calendar for specific days and times to start.

To compare to the luxury market - The seats are quite nice, with that said they do not compare to that of mercedes or the genesis, etc. Now we do not have the most upgraded seats they offer, I believe they offer Nappa Leather in the SX models that I did not get a chance to sit in. I really have no complaints as to how it drives, with that said luxury model suspensions do seem a little more plush as compared to the telluride. Don't get me wrong, the ride is still quite nice, just not as dampening. It doesn't have some of the more modern features like heads-up display, interior ambient lighting, etc. But it has everything I would want for my fiance, blind spot monitoring, lane departure assists, even follows the lanes on the highway by itsself as long as you have your hands on the wheel. Dual sunroof would be nice, again believe this is offered on the SX model.

Engine - I am actually a fan of this engine. Peppy enough when you want it to be, and does solid on gas. On our 700 mile trip home, we averaged 27mpg. Roughly 28 or so through DC/VA in some light traffic, and around 26mpg cruising at 80mph down south. And it seems to pair well with the transmission, again no clunkyness, everything meshes well.

As I get the opportunity to drive the car more I can provide more information, fiance has been hogging it so far this week lol.

[dmk08]

Originally Posted by JamesGames

Markup of 5k and having to fly in and drive 10 hours almost feels like when the F8X first released. Geez. Hype must be real for this thing but I can't personally get over the markup for a Kia... just thought that going Kia would save people money

OP good move on not paying MSRP for this thing. Did you end up getting it for MSRP?

I got my launch F80 $2k under msrp.

I cant get a Telluride SX in Atlanta for MSRP. Just sayin.

Also funny to see people on a BMW forum knocking other brands for falling apart and depreciating...

[JP10]

Originally Posted by dmk08

I got my launch F80 $2k under msrp.

I cant get a Telluride SX in Atlanta for MSRP. Just sayin.

Also funny to see people on a BMW forum knocking other brands for falling apart and depreciating...

Yeah good luck man, I searched Atlanta high and low, and all I found was mark-ups.

[Alfisti]

I just don't get it, it's just another box on wheels, why the demand?

[dmk08]

Originally Posted by Alfisti

I just don't get it, it's just another box on wheels, why the demand?

They are low production. (On purpose by Kia)
They drive really well for the price. In my recent test drives the only thing better was a Cayenne and an X5. Both much more expensive.
They are sharp as hell.

[dmk08]

Originally Posted by JP10

Yeah good luck man, I searched Atlanta high and low, and all I found was mark-ups.

I have moved on from one cause I wont pay over MSRP for anything. Ended up leasing an X5.

[keg97]

Originally Posted by dmk08

I have moved on from one cause I wont pay over MSRP for anything. Ended up leasing an X5.

What was the price delta between the X5 and Kia?

[David70]

Originally Posted by Alfisti

I just don't get it, it's just another box on wheels, why the demand?

When it comes to actual sales numbers they are mid pack, not sure the demand is really that high in the big picture, just compared to supply. Toyota sold almost four times as many Highlanders in Q4 over twice as many 4Runners.

I doubt they are purposely limiting supply as I don't see you benefit from it in the long run. Kia sells them to the dealer at a set price, demand drops over time.

When it comes to sales numbers for Q4 2020 it was mid pack (some don't seem to have reported yet) - https://www.goodcarbadcar.net/2020-u...sales-figures/

Buick Enclave 12,338
Chevrolet Blazer 23,243
Chevrolet TrailBlazer 17,265
Chevrolet Traverse 41,533
Dodge Durango 0
Ford Bronco Sport 22
Ford Edge 19,483
Ford Explorer 39,927
Ford Flex 159
GMC Acadia 21,378
Honda Passport 7,558
Honda Pilot 20,757
Hyundai Palisade 22,078
Hyundai Santa Fe 30,337
Jeep Grand Cherokee 0
Jeep Wrangler 0
Kia Sorento 8,770
Kia Telluride 18,680
Mazda CX-9 7,226
Mitsubishi Montero Sport 0
Nissan Murano 0
Nissan Pathfinder 0
Subaru Ascent 11,096
Subaru Outback 29,676
Toyota 4Runner 42,225
Toyota FJ Cruiser 0
Toyota Highlander 70,975
Volkswagen Atlas 0
Volkswagen Touareg 0

[dmk08]

Originally Posted by keg97

What was the price delta between the X5 and Kia?

I was able to get 12% off + work incentive on the x5 so around $725 a month for a $74k build.

[dmk08]

Originally Posted by David70

When it comes to actual sales numbers they are mid pack, not sure the demand is really that high in the big picture, just compared to supply. Toyota sold almost four times as many Highlanders in Q4 over twice as many 4Runners.

I doubt they are purposely limiting supply as I don't see you benefit from it in the long run. Kia sells them to the dealer at a set price, demand drops over time.

When it comes to sales numbers for Q4 2020 it was mid pack (some don't seem to have reported yet) - https://www.goodcarbadcar.net/2020-u...sales-figures/

Buick Enclave 12,338
Chevrolet Blazer 23,243
Chevrolet TrailBlazer 17,265
Chevrolet Traverse 41,533
Dodge Durango 0
Ford Bronco Sport 22
Ford Edge 19,483
Ford Explorer 39,927
Ford Flex 159
GMC Acadia 21,378
Honda Passport 7,558
Honda Pilot 20,757
Hyundai Palisade 22,078
Hyundai Santa Fe 30,337
Jeep Grand Cherokee 0
Jeep Wrangler 0
Kia Sorento 8,770
Kia Telluride 18,680
Mazda CX-9 7,226
Mitsubishi Montero Sport 0
Nissan Murano 0
Nissan Pathfinder 0
Subaru Ascent 11,096
Subaru Outback 29,676
Toyota 4Runner 42,225
Toyota FJ Cruiser 0
Toyota Highlander 70,975
Volkswagen Atlas 0
Volkswagen Touareg 0

Kia 100% says they limit supply.

[David70]

Originally Posted by dmk08

Kia 100% says they limit supply.

I am interested in seeing the link as I am surprised. Also interested in hearing how this helps their business overall. It will help resale some but as many on this forum said they find the idea of paying over MSRP gouging by the dealer and wouldn't consider it and would go somewhere else.

I also wonder if this is marketing or reality "buy it now as we are limiting supply".

Kia/Hyundai/Genesis also sell many of their vehicles for far under MSRP so I wonder why they limited supply on this one. I looked at pricing on a Kia Stinger and it seems to sell well under MSRP.

[JamesGames]

Originally Posted by dmk08

I got my launch F80 $2k under msrp.

I cant get a Telluride SX in Atlanta for MSRP. Just sayin.

Also funny to see people on a BMW forum knocking other brands for falling apart and depreciating...

Nice. I got mine in 2015 for under MSRP too but people were willing to pay markup at the time.

[Vivek.]

Originally Posted by JP10

Figured I'd throw another update on because FML, just put the down payment, driving home from work, an boom think my clutch just went out in my m3... lmao. Well off to the other section of the forum to research..

Update on this? Most likely one of the hydraulic cylinders rather than the clutch itself. Clutch will slip forever before it truly gives out.

Originally Posted by keg97

I'm with you- this is a mass market KIA. I'd have problems paying MSRP for it...much less 5K over. But I'm of the generation who grew up with Kia was the modern version of Yugo.

One of my buddies in college had a 2008 (sub 10 yrs old at the time) Kia. The thing was more dated inside and out than an 80's bmw. 12 years ago they were 3 decades behind the competition so I fully agree seeing them selling 42k cars for 47k is insane to me.

[Mosaud1998]

I used to work at a Kia dealership. Customers were actually willing to pay $5k-$7k markups on the SX-P Tellurides. The LX Tellurides had a $2-$3k markup. Same with the S. I think the EX and SX had a $4k-$5k markup and the SX-P had a $6k-$7k markup (depending on the dealership) There's no way in hell I am paying 60K for a damn Kia . That POS will be worth like $30k in 2 years

[Smgs1992]

Originally Posted by Mosaud1998

I used to work at a Kia dealership. Customers were actually willing to pay $5k-$7k markups on the SX-P Tellurides. The LX Tellurides had a $2-$3k markup. Same with the S. I think the EX and SX had a $4k-$5k markup and the SX-P had a $6k-$7k markup (depending on the dealership) There's no way in hell I am paying 60K for a damn Kia . That POS will be worth like $30k in 2 years

Right? I dont get it at all. I wouldnt even pay $30k for a Kia. At that price point i can afford something decent

[dmk08]

Originally Posted by Smgs1992

Right? I dont get it at all. I wouldnt even pay $30k for a Kia. At that price point i can afford something decent

BMW snobs are the funniest. Probably never even sat in a Telluride and drive an 07 335.

[Mosaud1998]

Originally Posted by dmk08

BMW snobs are the funniest. Probably never even sat in a Telluride and drive an 07 335.

I have . Sold a few of them too. They're nice but for $60k+(SX-P which is the fully loaded model) I'd rather buy a certified pre-owned BMW X5 or something similar.

There's no negotiation or rebates on any Telluride either. When I worked at Kia (2019-2020), the only rebates you got on the Telluride was $1k rebate (if you ordered) which later down the line Kia got rid of. In that case, any Telluride that's on a dealer's lot is (and still are) marked up. So, you ended up paying $2-$7k extra on top of the sticker (depending on what Trim level Telluride you opted for). If you ordered one, you would pay sticker.

There's hardly any Kia dealership that will Negotiate on a Telluride. Since they're still hard to keep on the lot.

[dmk08]

Originally Posted by Mosaud1998

I have . Sold a few of them too. They're nice but for $60k+(SX-P which is the fully loaded model) I'd rather buy a certified pre-owned BMW X5 or something similar.

There's no negotiation or rebates on any Telluride either. When I worked at Kia (2019-2020), the only rebates you got on the Telluride was $1k rebate which later down the line Kia got rid of. So, you ended up paying sticker+markup for Tellurides on the dealer lot. If you ordered one, you would pay sticker.

There's hardly any Kia dealership that will Negotiate on a Telluride. Since they're still hard to keep on the lot.

Would you pay $30k for one? Is it even “decent”. Cause thats what I was responding to.

X5s are great as a lease vehicle in warranty. There is a reason you can pick up a 3 year old $85k X5 for $35,000. 🙃