Moment Of Madness

[Jcf]

Perfectly stated.

All the buyers of the Telluride constitute the “market”. Despite y’all’s pleas that “no one should pay over MSRP” or that people that do are idiots, when demand outweighs supply, the market will command higher prices, because people will be willing to pay more to get what they want. Now maybe this isn’t YOU guys, but you only represent a small portion of the market. The other thing is MSRP is a SUGGESTED price, and dealers can charge whatever the market will bear...and this is not price gouging!! Their penalty for charging too much is not making the sale...as it should be in a free market economy.

 

[TellurideNY]

It’s very simple folks. Supply and demand. If you don’t understand that concept you should probably be looking at another car.
A little legwork looking out of state and fortunately you can still buy at MSRP.

Exactly. This is simply a supply/demand issue. All the best deals where last year before everyone and their best friend learned about the car and it's bang for the buck. Add in a factory closing and the assumptions made by KIA to set the MSRP are no longer valid especially in populated areas.

The market sets the price so if people pay it and the inventory doesn't sit a dealer would be foolish to not make as much as possible. Not sure why that makes them scum as it's not like they are price gouging on PPE.

 

[TellTastic]

It’s very simple folks. Supply and demand. If you don’t understand that concept you should probably be looking at another car.
A little legwork looking out of state and fortunately you can still buy at MSRP.

Oh I understand the concept;
they need to sell their supply more than I demand it. This forum and leg work is working out just fine for me finding dealers who are right on par with MSRP.

Going back to the OP, congrats!

 

[TellTastic]

I am most concerned about depreciation/resale value. While we certainly intend to keep it a long time, nobody knows what the future holds (2020 proved this) and depreciation/resale is mostly a function of MSRP.

oh, I meant to reply to this.

I question resale value of the NEW brand’s flagship models. Kia’s old reputation is no secret. I think kia will fight to get over that hump and I’m interested to see how the market performs when comparing vehicles in class instead of brand awareness.

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[TellurideNY]

oh, I meant to reply to this.

I question resale value of the NEW brand’s flagship models. Kia’s old reputation is no secret. I think kia will fight to get over that hump and I’m interested to see how the market performs when comparing vehicles in class instead of brand awareness.

It's crazy but I right now I see used EX's with <10k miles listed for what I paid brand new in April 2019. If the base pricing on 2021's goes up there is a good chance the 2020's have really good resale over the next few years.

Longer term if the cars hold up mechanically and the tech in them doesn't have issues after a few years the same value proposition should hold true. You won't be able to find anything used with comparable tech for the money keeping their resale higher. Especially if the other manufacturers stick to only highest trims having the tech in them. Only time will tell though.

 

[GeorgiaTelluride]

I started this thread with an announcement very similar to the majority of the other posts I had read where people are excited and happy with their Telluride purchase. What transpired is a thread except for a few posts where everyone seems to either have a negative opinion, no exactly what I paid or tell me I have affected the whole Telluride sales market, give me a break. For the no it alls I have been a customer of Rick Case for a number of years and have had From them exceptional service, yes their price was higher than the MSRP but for the people who can mind read on this thread give it up. Go in there with a positive attitude, respect and with some previous purchase history and they in turn will give you like they gave me in return a price that I was happy with and no where near where the mind reader earlier suggested. I supply many parts into KIA Westpoint Assembly on this vehicle and it makes me proud to purchase something I have an input in so again my choice. Let everyone make their own decisions and share their enjoyment and not be Subject to misleading or your a bad person replies

 

[TellTastic]

This is good data. Sounded like you had a good experience which is why I asked about your dealer.

Understand, no disrespect was meant on my end. No one is a fan of added cost, and that’s my stance; hopefully I can walk away with one just as happy as you are

Congrats again!

 

[mjeffv]

Certainly did not mean to be negative. Very happy for you and a little jealous as we have to continue to wait. Was just responding to other comments. We have been trying to get a tour of West Point to share your pride. But alas, the plant tours are shut down for covid.

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[TellTastic]

But alas, the plant tours are shut down for covid.

I’ve wanted to do one also. Bummer they aren’t doing them. Interested to know if anyone’s been on one since they started production on these vehicles

 

[Tellthemride]

There will always be the MSRP and below buyers versus the Markup Supporters on this forum when it comes to discussing purchase prices. You can’t avoid it.

Know for a fact though that there are dealers that sell (mostly only through orders) at MSRP. So markup is not the only option out there. However, if one is not willing to wait several months to a year for an order, then yes, markup is likely the only route these days.

All that said, welcome to the Telly owners club. I am sure you will love the car.

 

[mjeffv]

I’ve wanted to do one also. Bummer they aren’t doing them. Interested to know if anyone’s been on one since they started production on these vehicles

I even offered to pay a small fee for a private tour, wear a mask, etc. but crickets.

 

[mjeffv]

Know for a fact though that there are dealers that sell (mostly only through orders) at MSRP. So markup is not the only option out there.

Wish we had a pinned thread with a master list of these dealers.

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[PBeeman]

Speaking of mark ups, I’m in St Louis and Jim Butler had a black SXP marked up 10k. It’s the only one I’ve ever even sat in, but wasn’t going to pay that. FIFTY SEVEN THOUSAND and some change.

I went back because I wanted to drive it before ordering elsewhere.....annnnd it was gone the next week.

 

[NDBlackEX]

What's the name of this thread? And we get scolded by the OP for going down a rabbit hole? (Kinda...)
I took it as buying a Telluride sight unseen for a good markup was kinda the madness.
We simply react.
Enjoy your new ride!

 

[Idicula Samuel]

Guys all this talk about above MSRP or above MSRP. This car has be out there for over 15 plus months and even with Covid this car is not staying in inventory as people are still ready to buy it at the price being asked by dealers. Mostly being picked up people who don’t want to wait.

Then the whole talk about resale value and all- how do you know how long the person is going to hold on the car. I hold on to my cars for 15 plus years. At that point I am not sure if I care about resale value. A 15 year Honda Toyota about the same initial value most likely will be very close in value.

Everyone has their individual value of money and they have their right to spend it.

It is like saying have a steak dinner at a steakhouse is wasted money, I can make it at home for cheaper or I can eat McDonald’s for even cheaper. For all those who think they would never spend more than MSRP please take a closer look and see if you have never in your life paid for something more than its worth.

Everyone has their own budget and he may end up paying more on the car and saving elsewhere ultimately for the person to decide.

 

[Tellthemride]

The day that MRSP idealist support the notion of buyers having the right to buy over MSRP, would probably have to be the same day Markup Buyers acknowledge the fact they make it 100X harder for consumers to buy the Telluride at MSRP.

While convenient for some to get the Telly faster than waiting, it inflates the market value for others trying to buy at the MSRP value. Remember is it mainstream 3-row family hauler, not supposed to be a limited production luxury car that would warrant inflated prices.

We can all just agree to disagree on how we buy the car. This forum’s most valuable attribute IMO is just helping each other out solving issues when owning the car or finding new and cool ways to use it or mod it.

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[Idicula Samuel]

The day that MRSP idealist support the notion of buyers having the right to buy over MSRP, would probably have to be the same day Markup Buyers acknowledge the fact they make it 100X harder for consumers to buy the Telluride at MSRP.

While convenient for some to get the Telly faster than waiting, it inflates the market value for others trying to buy at the MSRP value. Remember is it mainstream 3-row family hauler, not supposed to be a limited production luxury car that would warrant inflated prices.

We can all just agree to disagree on how we buy the car. This forum’s most valuable attribute IMO is just helping each other out solving issues when owning the car or finding new and cool ways to use it or mod it.

Valid point that this forum helps people decide how to buy this car and this forum shows how a lot of people buy paying over MSRP and how people pay MSRP.

This is how I learned one can be had at MSRP. Mind you this is my 4th new car that I am buying and I never pay MSRP and it is usually a little above invoice price.

So comes down to one person wanting the car and willing to accept that it can be over MSRP. Yes this is a family car and not a rare fancy sports car. Who is to say that spending for a fancy sports car is right to some that maybe a waste. So there is just not one rule that you can use to measure everyone.