I’m planning to use a credit union and put down 4000 unless they can offer a better rate.
10.54% interest rate for a used car? That’s pretty high
Sophia said:
10.54% interest rate for a used car? That’s pretty high
I’ll be using a credit union. Their current rates are 6.99.
Sophia said:
10.54% interest rate for a used car? That’s pretty high
I’ll be using a credit union. Their current rates are 6.99.
I was referring to the dealer rate from the offer
Just so you know, the 10y/100k warranty only applies if you buy it certified pre-owned from a Kia dealer.
arletetorres said:
Just so you know, the 10y/100k warranty only applies if you buy it certified pre-owned from a Kia dealer.
Thanks for that info. I missed that point. It’s very helpful.
@NANCY
Better to get it from a Kia dealer then
arletetorres said:
Just so you know, the 10y/100k warranty only applies if you buy it certified pre-owned from a Kia dealer.
I didn’t know that. Thanks for the info .
Maybe I should’ve mentioned this earlier… Is the out-the-door price a good deal? I’m looking into financing separately.
NANCY said:
Maybe I should’ve mentioned this earlier… Is the out-the-door price a good deal? I’m looking into financing separately.
No. The asking price is about $10K more than its value in your area. Even if it’s in great condition, that’s too high. Also, the previous owners put almost 45K miles on it in two years.
@Evans
That’s not a $28K car. I checked Edmunds and it says the value is $33K, but that’s the price dealers pay, not sell it for. $38K seems like a fair price for it though.
@Evans
Looks like someone doesn’t know what they’re talking about.
Are you serious? $38K for a 23 Prestige X-Line? That’s a good deal. I bought mine last December for $45K with 23K miles. It was in perfect condition, but still.
No. Too many miles. For an extra $10K you could get a brand new one with a lower interest rate.
If you’re going with credit union financing, see if they offer their own in-house extended warranty to save money.
I love my Telluride, but I can’t understand paying that much for a used car with that many miles and such a high finance amount. It’s like a gamble with your finances. It’s probably fine, but what if it goes wrong? I can handle a loss, but I still wouldn’t go for it. Good luck if you do though.
I’d say it’s decent, not amazing.
This deal looks great to me. It hurts that we bought a 2020 SX right before the 23 came out for about the same price.
This is a good deal. If you can get your interest rate below 6%, it would be even better.
If you can get them to lower the price by $2-3K, it would be a solid deal. Otherwise, it’s overpriced for the miles.