Question For AutoBrag: Good Deal or Bad Deal
Question From Mistjust: I found a 2007 KIA spectra EX (might be SX I don’t remember), w/ 14000 miles on it. It is being advertised on the website for $13,900. It is an automatic transmission. Any idea for what I could/should get it for?
Queen of the Road: Hi Mistjust. You came to the right place to determine if it’s a good deal or bad deal. Let’s see what Kia wholesale prices we’ve got for that car…
For a 2007 Kia Spectra EX with 14,000 miles, prices range from $10,500 (being in above average condition) to $9,900 (being in average condition) and $9,300 (being in below average condition). Keep in mind that the numbers above are the wholesale prices. A dealership will usually aim to sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $10.5k to $11.8k.
Is the advertisement from a dealership or a private seller? Is the $13.9k an OTD price? If not, then it’s a BAD DEAL. Talk it down to the wholesale prices as much as possible. If they don’t budge, then just walk away. Let me know otherwise if it’s a trim besides EX.
