The 2022 Kia Telluride is now selling for 19% more than MSRP. The 2022 Telluride’s MSRP is $32,790, however the current average price of a Telluride is about $44,466. Amazingly, that is a $7,176 premium above MSRP. It’s a hefty sum for any car, but especially for an SUV that will be difficult to find. You’ll need to work hard to locate and be able to purchase a 2022 Telluride if you really want one.
According to Consumer Reports, even if you might be willing to pay extra for your ideal SUV, you might want to think about something less well-known. There are other alternatives available if you decide that 19 percent is too much to spend, even though the 2022 Kia Telluride is now ranked second on their list of the worst offers. However much it will cost you at the moment, you might still want the 2022 Telluride.
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Should you purchase a Telluride for more than MSRP?
In a market that is already crazy for cars, the Kia Telluride is a very popular vehicle right now. Dealer markup will cost you around 10% more than MSRP.
What is the Kia Telluride markup?
The price gouging on the coveted Kia Telluride appears to have no end in sight.
Kelly Blue Book discovered that selling prices were about 8% more than sticker pricing in the summer of 2021. Consumer Reports discovered last month, however, that this percentage had soared to 18% over sticker.
The jokewhich is based on factthat the Telluride is worth more used than when purchased new was inspired by this price increase. A Kia supporter will still claim that they are receiving excellent value for their money, nevertheless.
How much is the Telluride over sticker?
Once more, Kia and Hyundai are at the top of the list, with the Kia Telluride reaching a record-breaking 23 percent above MSRP. Models from the model year 2022 are all highlighted.
Do tellurides cost more than the MSRP?
The Mercedes G-Class SUV is in high demand from consumers and is being marked up significantly from its MSRP.
Looking to purchase a brand-new sport utility vehicle Kia Telluride? Expect to pay $48,509, which is more than $3,700 over the suggested retail price set by the manufacturer.
According to Edmunds, which prepared a list of the top 10 vehicles with the highest market adjustments in the fourth quarter of 2021, luxury SUVs like the Range Rover ($117,890) and Cadillac Escalade ESV ($102,584) are selling for $3,000 to $6,000 more than MSRP.
Sports vehicle markups are even more pronounced; dealers are requesting (and receiving) 5 percent over MSRP for the Corvette Stingray ($86,511) and 8 percent over MSRP for the Ford Mustang Shelby GT500 ($91,611) from customers.
The price increases that are affecting practically every business have not spared the car sector. Discounts, incentives, and negotiation are things of the past in 2019, and desperate consumers are beginning to accept this new reality.
According to Caldwell, the typical consumer paid $709 more in December than the advised transaction price, noting that the higher pricing trend really started to take hold in August.
Additionally, markups, which according to one estimate affect nearly 90% of car buyers, have led some automakers to threaten a dealer crackdown.
The boxy, ultra-luxe truck driven by celebrities and socialites, the Mercedes-Benz G-Class, may be the most extreme example of dealership markups. The standard G-Class is $174,650, but new buyers typically spend an additional $30,405 if they’re lucky enough to find one at all. Caldwell claimed to be aware of one woman who just purchased a G-Class for $50,000 more than the MSRP. According to Caldwell, some Mercedes shops are even charging $337,000 for a 2021 AMG G 63 G-Class, which is more than $150,000 above the MSRP.
According to Caldwell, “This woman thought she got a terrific deal.” “Since inventory is so limited, consumers feel compelled to buy now.”
What should I anticipate paying for a 2021 Kia Telluride?
The starting price of the 2021 Kia Telluride is $31,990, which is approximately typical for the midsize SUV market. The cost of the Tellurides’ top trim level is $42,190.
How much are automobiles selling for over MSRP?
Honda, Land Rover, and Mercedes-Benz, which KBB reports had the highest transaction prices over MSRP, on average between 5.8 and 8.0 percent over sticker, should probably be avoided by shoppers hoping to get a discount. Budget-conscious drivers, on the other hand, would choose to stop by a Fiat, Lincoln, or Ram dealership, as these automakers were in April offering their products for about 1% less than MSRP.
The largest rates of brand-specific transaction price growth occurred last month at Volvo (+7.0%), Land Rover (+6.8%%), Jaguar (+3.0%), Nissan (+2.8%), Infiniti (+2.7%), Volkswagen (+2.6%), Ford (+2.4%), Jeep and Porsche (+2.3%), Subaru (+2.2%), and Genesis (+2.0%). Smart consumers should be aware that Mazda (-6.6%), Fiat (-6.4%), Cadillac (-3.8%), Toyota (-3.5%), Tesla (-2.4%), and Buick (-2.4%) registered the largest drops in out-the-door pricing last month (-2.2 percent ).
Of course, it’s still unclear if things will grow better or worse in the future. We have yet to see how declining investment values combined with rising interest rates would effect the U.S. auto industry. And that’s on top of the ongoing transportation problems, the crisis in Ukraine, and China’s COVID-19 lockdown-related component shortages. It’s going to be a rocky night, as Bette Davis so eloquently stated in the movie All About Eve.
Are you able to haggle with Kia?
When negotiating a fantastic bargain, having knowledge about the dealer cost of a new Kia gives you the necessary leverage. On your next purchase, you can save thousands of dollars if you bargain from the cost up rather than the MSRP down.
Exist any Kia dealers that don’t charge more than MSRP?
Remind the salesperson that Kia USA ordered dealers NOT to mark up above MSRP if you had a reservation. The next post has the internal Kia letter attached. However, the dealer is not required to adhere to this.
Why do KIAS outperform MSRP?
Not much of this material is helpful. When it comes to their vehicles being in great demand, Toyota, Honda, Mitsubishi, and Subaru face very few limitations. maybe with the exception of the RAV 4 Prime, which had a price increase all year. Ford only makes a small number of vehicles, and the most of them are outdated (like the Edge) or subpar (like the Escape). The same is true for GM, with the exception of the Corvette, whose production shortage is ending and whose novelty has worn off after three years of manufacture. Dealer markups are absent from Tesla. They are worse because they simply keep raising prices so long as demand remains steady. Kia prices are jacked up because consumers appreciate the cars’ looks and price ranges. They simply cannot compete with BMW, Mercedes Benz, or even Audi in the sedan or SUV market. However, they are much cheaper. Go test drive a BMW if you don’t want to pay more than the MSRP; they do have dealers that will work out bargains, plus they are fantastic vehicles with high resale potential. then switch out once the market has changed and Kia prices are lower. Unless the money number has no real significance to your life, there is never any cause to panic or emotionally overspend for a car or a house.
Dealerships may charge a premium over MSRP.
Consider yourself to have overpaid for your automobile or truck? Typically, a bad deal cannot be rectified by the judicial system (even if it was the result of high-pressure sales tactics). However, there is one exception in California. According to California Vehicle Code section 11713.1(e), when auto dealers post ads for cars and trucks and those ads include asking prices, the dealers are not allowed to sell the advertised vehicles for more than their advertised prices, unless the ads specifically state when the advertised prices expire. Additionally, marketed automobiles “shall be sold at or below the advertised price regardless of whether or not the advertised price has been disclosed to the purchaser,” according to Section 260.04(b) of the regulations issued by California’s Department of Motor Vehicles.
Therefore, regardless of whether you viewed the advertisement before purchasing the vehicle, if a car dealer sold you a car or truck for more than the amount at which the vehicle was listed, the dealer very certainly broke the law.
Do all dealers charge more than MSRP?
A dealer asking for the full MSRP is no longer defrauding you. You are paying the amount that the car’s maker set for it. It’s probably an excellent value in this economy. Dealers may be more willing to barter for lower prices or stick with the MSRP for brands with the largest inventory.
How much should I spend on a Kia Telluride?
The 2022 Kia Telluride’s Edmunds Estimated Invoice Price for the LX base model with destination charge and popular options is $33,557. The amount a Kia dealership paid Kia for a 2022 Telluride vehicle is known as the Edmunds Estimated Invoice Price for the 2022 Kia Telluride.