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Cancelled my SX reservation

My older X5 we got new - and I was so glad to get rid of that thing at 30k miles. Items that should go 60k+ miles were failing at 30k miles. It was honestly sad.

The biggest thing to remember with BMW - is they are now a volume brand, and not a performance/niche brand anymore. Their quality has gone to absolute shit.

The car we are replacing with our Telluride SX-P (when it ever gets built) is a bought new 2011 Honda Odyssey EX-L with navigation. It was $41K (paid full MSRP + TTL) when new which is more money when adjusted for inflation than a fully loaded Telluride. Our Honda has been a nightmare to own. Never again. There were two things good about it...the interior quality has held up well for nearly 130K miles and the Honda Care+ 120K bumper to bumper warranty was a life saver. During the life of the warranty (8 years or 120K miles) the warranty covered everything with no deductible. "Everything" at the end of our warranty period was almost $19K of repairs with an average of three trips per year to the shop over those 8 years. I have never owned such a sh!t vehicle in my life. You name it it broke (except the transmission so far) Honda quality has taken a nose dive over the last decade. They still sell on perceived quality - the actual quality has been on a downward slide as evidenced in the quality rankings over the last several years.

For every person that says "You are buying a KIA...aren't they junk" have their perception of quality firmly stuck in the 90's and 00's. The quality map is being re-written and Hyundai/KIA/Genesis is leading the way right now. Honestly - I think the general automotive industry looks at the H/K/G trio the same way the Big Three looked at cars from Japan in the 70's and 80's. I remember an interview with Bob Lutz at a car show the year the Stinger was introduced and he said H/K was the brand to watch. He said they had done everything right and would eventually be a major threat to every other automotive brand. Fast forward four years and we are seeing stuff from H/K no one thought we would and all the while their quality rankings are rising faster than anyone else.
 
I'll toss my 2 cents in here.. For the $, there is no 3 row SUV with a usable 3rd row out there with the same features sub $50k. You need to get into Expedition Platinum and drop $75k+ to get it.

If you don't need the 3rd row, I would skip the BMW and buy a 1-2 year old well optioned Cayenne with next to no miles. I'm biased, we did that for our "fun" 2nd car and got the S e-Hybrid. Sticker was around $100k and we paid something like $54k.

We have the Telluride to run the miles up on since we need the 3 rows given the 3 kids, and the Porsche for fun.
 
Buying a used BMW is 100% different - especially one that isn't CPO by BMW. FWIW - a CPO X5 will be closer to 65-70k. If you're seeing a used X5 that low - my guess is it is very poorly equipped, and its residuals were bad, which is why BMW didn't CPO it and resell it. It is something I am ALWAYS shocked by - the standard features on luxury brands is INCREDIBLY low. To get something as simple as BSM (Blind Spot Monitor) it is a 'package' with the luxury brand. You're truly just paying for the name/logo.

Obviously - the choice of your car is up to you - but the financials of used luxury vehicles very rarely make any sense. You're buying a brand, which caters their cars to people who can pay big dollars for routine work, parts, etc... Having owned most all luxury brands (Audi Q5, Porsche Cayene, BMW X5) I will never buy a luxury brand again quite honestly. An oil change on my Porsche was $895 per oil change, and had to be done at every 7500 miles. Changing the Transmission Fluid - that's a $1600 job.

The extra hidden costs of luxury brands is maintenence.

Here's an actual CPO one. This one has blind spot monitoring and plenty of features otherwise. 65-70K is what they cost new.


Here's the one at Carmax.


I've owned Audis and currently own both a Porsche and VW Golf R (mechanically the same car as an Audi S3). You're also paying for how the car drives. As well as Kia did with the Telluride, it doesn't match the combination of ride, handling and braking that an Audi or BMW will have. You also get things like sport seats (which the CPO here has). You're not just buying a brand.

As for maintenance costs, do the oil change yourself. I do and it's not that difficult. The transmission fluid doesn't need to be changed that often. That said, Porsche maintenance costs are on a level beyond Audi and BMW. I don't know what Porsche you had, but here's the materials for an oil change on a Macan Turbo. If you paid $900, you got ripped off. Labor should be an hour at most.

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Here's an actual CPO one. This one has blind spot monitoring and plenty of features otherwise. 65-70K is what they cost new.


Here's the one at Carmax.


I've owned Audis and currently own both a Porsche and VW Golf R (mechanically the same car as an Audi S3). You're also paying for how the car drives. As well as Kia did with the Telluride, it doesn't match the combination of ride, handling and braking that an Audi or BMW will have. You also get things like sport seats (which the CPO here has). You're not just buying a brand.

As for maintenance costs, do the oil change yourself. I do and it's not that difficult. The transmission fluid doesn't need to be changed that often. That said, Porsche maintenance costs are on a level beyond Audi and BMW. I don't know what Porsche you had, but here's the materials for an oil change on a Macan Turbo. If you paid $900, you got ripped off. Labor should be an hour at most.

Yeah, they definitely got screwed on the oil change costs. Even the dealer on my Cayenne charges $400. I found an indy that only deals w/ Porsche. They're significantly cheaper, and have the same equipt. In my case that's important since the brake fluid and clutch adaption (hybrid requires it every 2 years) requires the PIWIS computer to do the fluid change / adaption. Service costs are higher w/ Porsche, but whatever it's once a year. Simple things like filters / oil, etc. I do myself.
 
Kia canada offers on may:
6 months no payments for your Telluride! Rate hasn't changed just 6 months no payments Kia is paying it for you (not deferred payments).
 
Kia canada offers on may:
6 months no payments for your Telluride! Rate hasn't changed just 6 months no payments Kia is paying it for you (not deferred payments).

Are car loans in Canada front loaded like they are in the US? I'm wondering how that works in this case.
 
Kia canada offers on may:
6 months no payments for your Telluride! Rate hasn't changed just 6 months no payments Kia is paying it for you (not deferred payments).

On kia.ca it reads in reference to the 6 months of payments: "The following vehicles are eligible for this offer: 2020 Forte, Forte5, Soul (excluding EV models), Sportage, and Sorento."

Doesn't appear to include Telluride.
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yes, absolutely right. the dealer deceived me yesterday called today and apologized.
 
Considering the state of automotive retail right now, the Telluride fared fairly well for April.

On top of that, compared to April of 2019, the Telluride's ATP increased 10% as the sales mix moved more to the SX/SXP (w/ increased supply, likely largely filling the orders).

Likely why prices for the SX/SXP haven't fallen as much as one may have hoped.

Telluride - 3,087 (5,570 - 2019)
Sorento - 4,286
Sportage - 3,964

Palisade - 3,331
Santa Fe - 5,602
Tucson - 8,438

Hyundai diverting a good part of its capacity to the US market, at least for the short-term, seems to have paid off, suffering less of a decline than the other major automakers.
 
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