Very nice! Great service indeed!! Congratulation!
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Price paid for your Kia Niro
Thinking about a Niro and am wondering what everyone paid for what model. Please post the price before taxes and fees as they differ from state to state. Thanks. Alex
321 - 340 of 346 Posts
Purchased Snow White Pearl LXS on April 13 for $29,375. That included a "regional price adjustment" of $2500 
I'll keep the car for 7-10 years so was willing to pay. Figure I'll easily make that up on gas at 51 mpg - so far.
I'll keep the car for 7-10 years so was willing to pay. Figure I'll easily make that up on gas at 51 mpg - so far.
2020 Kia Niro EV EX Premium purchased sept 2021 (Out of state in Grand Junction Colorado)
Leased for $379/month+$3500 down for 15k miles/year. Then purchased three months later for $30k. Grand total including tax $35,000.
Lease rates in the last 6 months have increased by 50%. I've saved $5000 in gas and maintenance already vs my previous Subaru.
TL: DR - New Niro EV premium for $35,000. MSRP was $47000.
Leased for $379/month+$3500 down for 15k miles/year. Then purchased three months later for $30k. Grand total including tax $35,000.
Lease rates in the last 6 months have increased by 50%. I've saved $5000 in gas and maintenance already vs my previous Subaru.
TL: DR - New Niro EV premium for $35,000. MSRP was $47000.
Incredible timing!! You had incredible foresight.2020 Kia Niro EV EX Premium purchased sept 2021 (Out of state in Grand Junction Colorado)
Leased for $379/month+$3500 down for 15k miles/year. Then purchased three months later for $30k. Grand total including tax $35,000.
Lease rates in the last 6 months have increased by 50%. I've saved $5000 in gas and maintenance already vs my previous Subaru.
TL: DR - New Niro EV premium for $35,000. MSRP was $47000.
My red LX hybrid had an MSRP of $26,355, no retail markup, no dealer accessories, and $399 in dealer fees (this was at Kendall Kia near Boise, Idaho). Including taxes and registration, I paid about $27,600.
Any recommendations for Chicago area dealers who will sell PHEV at (or below) MSRP?
I used cars.com to find mine. I did a quick search for Niro PHEV within 75 miles of 60176 and came up with one EX listed at MSRP:
Search: https://www.cars.com/shopping/resul...brid&sort=list_price&stock_type=new&zip=60176
Specific car: (EX, snow white pearl, charcoal - the picture in the listing doesn't match the description): https://www.cars.com/vehicledetail/edff5fde-8c98-4254-b061-7c55c6748056/
There aren't many at all, and the ones listed nearby are all EX trims. You have to go ~200 miles to find an LXS (if that's what you want), but that one is asking over MSRP. Also The listed price is just their asking price. You can go in and offer them whatever you want and see how they respond.
If you are willing to travel, the Denver area seems to have better supply, and I'm seeing EX and LXS for about $1k below MSRP. Arapahoe kia (where I bought mine) is in Denver and has some listed - they add a $699 doc fee, of course all of this is negotiable. Peak Kia Colorado Springs has some listed for similar prices and charges a doc fee as well. I think it was $399 as of a month ago, but more recently I have seen higher fees. Also they tend to list things when they are inbound (not actually on the lot yet), so you'd be advised to check.
Edit: Don't get confused with Peak Kia North (in the Denver metro) and Peak Kia Colorado Springs. They might be owned by the same group, but they are totally different dealerships - I would stay far away from Peak Kia North. High prices, rude, etc. I have had two unpleasant experiences there.
Search: https://www.cars.com/shopping/resul...brid&sort=list_price&stock_type=new&zip=60176
Specific car: (EX, snow white pearl, charcoal - the picture in the listing doesn't match the description): https://www.cars.com/vehicledetail/edff5fde-8c98-4254-b061-7c55c6748056/
There aren't many at all, and the ones listed nearby are all EX trims. You have to go ~200 miles to find an LXS (if that's what you want), but that one is asking over MSRP. Also The listed price is just their asking price. You can go in and offer them whatever you want and see how they respond.
If you are willing to travel, the Denver area seems to have better supply, and I'm seeing EX and LXS for about $1k below MSRP. Arapahoe kia (where I bought mine) is in Denver and has some listed - they add a $699 doc fee, of course all of this is negotiable. Peak Kia Colorado Springs has some listed for similar prices and charges a doc fee as well. I think it was $399 as of a month ago, but more recently I have seen higher fees. Also they tend to list things when they are inbound (not actually on the lot yet), so you'd be advised to check.
Edit: Don't get confused with Peak Kia North (in the Denver metro) and Peak Kia Colorado Springs. They might be owned by the same group, but they are totally different dealerships - I would stay far away from Peak Kia North. High prices, rude, etc. I have had two unpleasant experiences there.
I found 3 dealers that were within 30 miles of me that all wanted over 5k OVER MSRP. Found a dealer 65 miles away that would sell me one at MSRP. Went and test drove one and made the order.
Picked it up yesterday.
Picked it up yesterday.
What fuel type is your car. I kind of expect fuel efficient cars, particularly ones that wuakify for tax credits, to be In high demand right now with fuelI found 3 dealers that were within 30 miles of me that all wanted over 5k OVER MSRP. Found a dealer 65 miles away that would sell me one at MSRP. Went and test drove one and made the order.
Picked it up yesterday.
Prices like they are. $5k over is a lot, though. Sheesh.
That's just a regular gas hybrid Niro, not the EV or PHEV, those are unobtanium. The dealer I bought mine from, prior to the shipment with my Niro had a total of 1 new car on the lot. The week before, they had a total of 3 new vehicles, all the same model .What fuel type is your car. I kind of expect fuel efficient cars, particularly ones that wuakify for tax credits, to be In high demand right now with fuel
Prices like they are. $5k over is a lot, though. Sheesh.
Prior to this purchase of the Niro, I have NEVER paid MSRP for a car, I always did the "dance" and talked them down.
Wow, that’s insane! I have heard of dealers marking up PHEV cars by the amount of the tax credit, and also insane markups on really hot cars (Tellurides have been commanding a premium since they released, at least in higher level trims), but not for the hybrid Niro. It makes sense, though - gas is $5/gallon and there aren’t many cars available at all, much less ones that get ~50 mpg.
The inventory levels are so low, it’s crazy. I drove by a dealer the other day - they usually have a huge lot full of cars - and I looked at the lot and only saw maybe a dozen. My brain couldn’t process it - “did they go out of business?”, nope, they just can’t get any cars.
I’m feeling lucky I bought mine when I did. Maybe I should sell it for a profit and just drive my 2007 Prius until prices come down!
The inventory levels are so low, it’s crazy. I drove by a dealer the other day - they usually have a huge lot full of cars - and I looked at the lot and only saw maybe a dozen. My brain couldn’t process it - “did they go out of business?”, nope, they just can’t get any cars.
I’m feeling lucky I bought mine when I did. Maybe I should sell it for a profit and just drive my 2007 Prius until prices come down!
Get this. I just checked and the 2019 Odyssey van I traded in they are selling for $25 MORE than I bought it for new !!!Wow, that’s insane! I have heard of dealers marking up PHEV cars by the amount of the tax credit, and also insane markups on really hot cars (Tellurides have been commanding a premium since they released, at least in higher level trims), but not for the hybrid Niro. It makes sense, though - gas is $5/gallon and there aren’t many cars available at all, much less ones that get ~50 mpg.
The inventory levels are so low, it’s crazy. I drove by a dealer the other day - they usually have a huge lot full of cars - and I looked at the lot and only saw maybe a dozen. My brain couldn’t process it - “did they go out of business?”, nope, they just can’t get any cars.
I’m feeling lucky I bought mine when I did. Maybe I should sell it for a profit and just drive my 2007 Prius until prices come down!
They gave me 24k for it and I only paid 29k for it 3 1/2 years ago.
Yep, same. My 2020 telluride (I paid $35.6k new) they are selling for $40k. It has 50k miles on it. Crazy world out there.
If the economic trends continue (high gas prices, increasing interest rates, inflation, employment uncertainty), I expect demand for new cars to pull back, especially with the larger / less fuel efficient models. Since demand has been outpacing supply all year, even a pullback could still leave us with an imbalanced market, especially if supply chains issues continue.
If high gas prices persist, and it appears they will through summer at least, electric and hybrid vehicles will probably become even harder to get. There is no fast path to producing significantly more electrified vehicles, either. The current lineup of models is still gas heavy (this is changing rapidly, but not fast enough to address the current gas price rise), and adjusting the production mix to make more of the current electrified models will be limited. Battery supply chain will have a hard time keeping up with the anticipated growth over the next 5 years as it is - a sudden surge in demand for batteries today would likely be hard to meet.
I think allocating the battery resources from electric vehicles to hybrids and PHEVs makes the most sense - a fully electric vehicle has a battery capacity sufficient to produce 6 PHEVs or 60 standard hybrid vehicles. I know it’s not that simple, but given the current capacity of the battery supply chain, I think it makes more sense to prefer hybrid vehicles over pure electric - for the time being. (I’m speaking from an environmental benefit / aggregate financial benefit perspective.)
Wow, I got a little off topic there. Anyway, I’m gladI bought when I did. I suspected things were going to get more difficult, but I didn’t anticipate the huge spike in gas prices adding even more pressure to the market.
3 months ago I didn’t even know the Niro was a hybrid, much less available as a plug-in or electric variant. I think it was under the radar for most consumers - now you are lucky to find one at all.
If the economic trends continue (high gas prices, increasing interest rates, inflation, employment uncertainty), I expect demand for new cars to pull back, especially with the larger / less fuel efficient models. Since demand has been outpacing supply all year, even a pullback could still leave us with an imbalanced market, especially if supply chains issues continue.
If high gas prices persist, and it appears they will through summer at least, electric and hybrid vehicles will probably become even harder to get. There is no fast path to producing significantly more electrified vehicles, either. The current lineup of models is still gas heavy (this is changing rapidly, but not fast enough to address the current gas price rise), and adjusting the production mix to make more of the current electrified models will be limited. Battery supply chain will have a hard time keeping up with the anticipated growth over the next 5 years as it is - a sudden surge in demand for batteries today would likely be hard to meet.
I think allocating the battery resources from electric vehicles to hybrids and PHEVs makes the most sense - a fully electric vehicle has a battery capacity sufficient to produce 6 PHEVs or 60 standard hybrid vehicles. I know it’s not that simple, but given the current capacity of the battery supply chain, I think it makes more sense to prefer hybrid vehicles over pure electric - for the time being. (I’m speaking from an environmental benefit / aggregate financial benefit perspective.)
Wow, I got a little off topic there. Anyway, I’m gladI bought when I did. I suspected things were going to get more difficult, but I didn’t anticipate the huge spike in gas prices adding even more pressure to the market.
3 months ago I didn’t even know the Niro was a hybrid, much less available as a plug-in or electric variant. I think it was under the radar for most consumers - now you are lucky to find one at all.
According to Find Your New Electric Vehicle there are 51 Niro EVs available near me... They're not that hard to find but you might have to fly an hour away to get one in the color you want. That's what I did last year.3 months ago I didn’t even know the Niro was a hybrid, much less available as a plug-in or electric variant. I think it was under the radar for most consumers - now you are lucky to find one at all.
How much above MSRP are the dealers asking? I am amazed that folks are willing to pay a significant premium above MSRP for hybrids/PHEVs/EVs. I had to go two states away to get my PHEV for a tiny bit above MSRP. When I mentioned to dealerships in my home state that I wanted to pay close to MSRP, they all essentially said "good luck".
I’ve seen $3k-$5k over MARP for higher trim PHEV Niros in the Denver area. I don’t know if that’s what they are actually getting, but that’s the posted price.
Don’t forget there is a federal tax credit and in some states an additional tax credit for EV / PHEV purchase. I think mine came to $7k in credits. Assuming you qualify, who wouldn’t prefer a PHEV for the same price (or less) as a hybrid Niro? Even with a $3k markup I think my PHEV would cost the same as the hybrid. (I got it for $1k below, somehow)
interestingly, I think the markup on the full electric Niro wasn’t as high.
Don’t forget there is a federal tax credit and in some states an additional tax credit for EV / PHEV purchase. I think mine came to $7k in credits. Assuming you qualify, who wouldn’t prefer a PHEV for the same price (or less) as a hybrid Niro? Even with a $3k markup I think my PHEV would cost the same as the hybrid. (I got it for $1k below, somehow)
interestingly, I think the markup on the full electric Niro wasn’t as high.
I had every dealer within 30ish miles from me all asking more than 5k OVER msrp for a regular hybrid Niro. Found one 70 miles away that sold them for msrp.How much above MSRP are the dealers asking? I am amazed that folks are willing to pay a significant premium above MSRP for hybrids/PHEVs/EVs. I had to go two states away to get my PHEV for a tiny bit above MSRP. When I mentioned to dealerships in my home state that I wanted to pay close to MSRP, they all essentially said "good luck".
Yeah, I’d drive 30 miles for $5k.
321 - 340 of 346 Posts
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