What did you pay for your KIA Telluride?

[jw_tx21]

LOL, if you out bargain the other 20k members on this site, let us know!

His post was from Feb 22 2019. That was before he (or any of us) knew about the popularity of the Telluride. He has since realized the popularity of the vehicle, as we all have witnessed. No need to reply to 15 month old posts please.

 

[CrazyBiker]

Just wait until 2021 Sorento is out and as well as 2021 Telluride, prices will drop. Car sales are in the shitters right now due to Covid and this SUV will get cheap. Aim for 15% below MSRP. Always bought all cars for not more than that.

 

[jw_tx21]

Just wait until 2021 Sorento is out and as well as 2021 Telluride, prices will drop. Car sales are in the shitters right now due to Covid and this SUV will get cheap. Aim for 15% below MSRP. Always bought all cars for not more than that.

Thanks, I think you suggested that in November, January, February, April, and now May. What happened to March? I guess it will be a good refresher when you post it once a month. One day your prediction will ring true. The rest of us will enjoy our rides...

 

[mrmac]

People need to understand that the closer a new vehicle sales price is to MSRP, the better off every owner is.

If you buy at 15% below MSRP, the vehicle is actually worth about 30% less than MSRP as soon as you buy it.

The fact that the Telluride is still selling close to, and often above MSRP, indicates that it is a great value in the consumers’ eyes. Unlike the vast majority of vehicles which are worth less (worthless) in the buyers eyes.

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[CrazyBiker]

I want to see how long these pricing holds out and what that does to the resale. This is good news for Kia if the pricing even holds out for a few years if not to the current ridiculous levels. Till then I am not desperate to buy. I can always buy some other SUV for the interim but I refuse to pay anything over invoice for any vehicles. Once you are used to getting discounts .....

 

[alexdrums]

People need to understand that the closer a new vehicle sales price is to MSRP, the better off every owner is.

If you buy at 15% below MSRP, the vehicle is actually worth about 30% less than MSRP as soon as you buy it.

The fact that the Telluride is still selling close to, and often above MSRP, indicates that it is a great value in the consumers’ eyes. Unlike the vast majority of vehicles which are worth less (worthless) in the buyers eyes.

Good point.

 

[mrmac]

I want to see how long these pricing holds out and what that does to the resale. This is good news for Kia if the pricing even holds out for a few years if not to the current ridiculous levels. Till then I am not desperate to buy. I can always buy some other SUV for the interim but I refuse to pay anything over invoice for any vehicles. Once you are used to getting discounts .....

Yes, auto manufacturers have substantially over-priced MSRP to convince buyers that invoice less rebates is a great deal. When, in reality they expected all along to sell them this way. They make bank while buyers think they are getting a steal of a deal.

Then Kia comes out with the Telluride and turns the SUV market on its ear. “Give them everything...” and do it at an MSRP that is a better deal than other SUVs at their Invoice, less holdback, less rebates.

It is difficult to reconcile.

 

[NDBlackEX]

Yes, auto manufacturers have substantially over-priced MSRP to convince buyers that invoice less rebates is a great deal. When, in reality they expected all along to sell them this way. They make bank while buyers think they are getting a steal of a deal.

Then Kia comes out with the Telluride and turns the SUV market on its ear. “Give them everything...” and do it at an MSRP that is a better deal than other SUVs at their Invoice, less holdback, less rebates.

It is difficult to reconcile.

A 7 passenger Pilot touring which stickers at around 3k or so less than the SXP Telly can be bought in the $43k range give or take. $43k is roughly what the EX Telluride I ordered stickers at. That Pilot has the premium stereo, auto start, memory seats, 110 power plug and rear entertainment. Big features that the Telluride is missing or are only available on the top trim. It doesn't really sound like Kia is "giving us everything".

The thing with the Telluride is that it's a little bit roomier than other SUVs it's size. I don't think it's a value, option wise at MSRP. The time will come where you'll be able to snag a fully loaded SXP off the lot for around 45k.
If anyone out there thinks their Telluride is going to bring a premium as a used vehicle in a couple years will be sorely mistaken. It's not going to hold its value any better than anything else in its class. We've seen this multiple times with Subaru, another up and coming car company. The 14 Forester and the Ascent had similar initial markets to the Telluride and leveled out eventually.

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[mrmac]

A 7 passenger Pilot touring which stickers at around 3k or so less than the SXP Telly can be bought in the $43k range give or take. $43k is roughly what the EX Telluride I ordered stickers at. That Pilot has the premium stereo, auto start, memory seats, 110 power plug and rear entertainment. Big features that the Telluride is missing or are only available on the top trim. It doesn't really sound like Kia is "giving us everything".

The thing with the Telluride is that it's a little bit roomier than other SUVs it's size. I don't think it's a value, option wise at MSRP. The time will come where you'll be able to snag a fully loaded SXP off the lot for around 45k.
If anyone out there thinks their Telluride is going to bring a premium as a used vehicle in a couple years will be sorely mistaken. It's not going to hold its value any better than anything else in its class. We've seen this multiple times with Subaru, another up and coming car company. The 14 Forester and the Ascent had similar initial markets to the Telluride and leveled out eventually.

In my 25+ years of overseeing financial institutions that excel in auto lending, I've never seen any new vehicle which has held its value as long as the Telluride. The Subaru Ascent did well for about 3 months while it filled the built up demand of Subaru loyalists who'd been dying to move into something bigger than their Outback. If you've driven one, you'd know it doesn't compare to being in a Telluride. Same for the Honda Pilot.

As far as Telluride values in a couple years, you may be smarter than all the actuaries who are creating the analysis supporting leasing residual values, but I highly doubt that's true. No slight to you, its just they are the experts.

 

[NDBlackEX]

In my 25+ years of overseeing financial institutions that excel in auto lending, I've never seen any new vehicle which has held its value as long as the Telluride. The Subaru Ascent did well for about 3 months while it filled the built up demand of Subaru loyalists who'd been dying to move into something bigger than their Outback. If you've driven one, you'd know it doesn't compare to being in a Telluride. Same for the Honda Pilot.

As far as Telluride values in a couple years, you may be smarter than all the actuaries who are creating the analysis supporting leasing residual values, but I highly doubt that's true. No slight to you, its just they are the experts.

It took about a year before Ascents were readily available on dealers' lots. Sales steadily rose as they increased production. Subaru hoped to sell 60k units the first year. They sold like 75k. There are articles touting it as best in class. It was new, the next SUV out usually one ups the last one to come out.

Kia planned to build 40k for 2020. Like Subaru, Kia is up and coming and they just built the best vehicle they've ever built. They are struggling with production capacity as well. If the pandemic hadn't hit, they would probably be catching up on demand this summer. There are so many parallels with Subaru.

As soon as production catches up, the resale values will drop. 3 row crossovers hold their value well. I'm just saying they're not going to hold their value any better than anything else in its class. This happens every time a new generation of anything comes out. Trucks, vans, SUVs, whatever. The Jeep wrangler is doing that right now. Used JL values have been dropping the last 9 months as inventory increases.

I do like the Telluride better than the Ascent or Pilot. Reliability isn't proven and value isn't there yet though. Something new will come out eventually that the Telluride "won't compare to" and the same argument you make about the Subaru and Honda then will be true for the Telluride. If it's Honda, they'll be able to build and sell way more units than Kia and therefore the pricing will be better, driving up the incentives on the Kia to stay competitive.

All speculation but this seems to be the pattern.

 

[MarcinTexas]

If the pandemic hadn't hit, they would probably be catching up on demand this summer.

Really? This sounds like what we heard at the end of last year..."just a couple more months until demand and production equalizes" That didn't happen and if anything demand was just as high right when the pandemic hit as it was last fall.

There are so many parallels with Subaru.

Really? Like winning every automotive award known to man. For some reason I don't remember seeing the Subaru win award and comparison test month after month for over a year.

 

[Sparkle Girl 47]

In my 25+ years of overseeing financial institutions that excel in auto lending, I've never seen any new vehicle which has held its value as long as the Telluride. The Subaru Ascent did well for about 3 months while it filled the built up demand of Subaru loyalists who'd been dying to move into something bigger than their Outback. If you've driven one, you'd know it doesn't compare to being in a Telluride. Same for the Honda Pilot.

As far as Telluride values in a couple years, you may be smarter than all the actuaries who are creating the analysis supporting leasing residual values, but I highly doubt that's true. No slight to you, its just they are the experts.

I would love to have a Telluride SXP, but I can't afford one at todays prices, so i'm waiting for leasing residual. I know it's going to be awhile, but it is what it is. In the mean time, I'll just enjoy this Forum with the rest of you owners. Congratulations Owners, hope to join you eventually.

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[mrmac]

I would love to have a Telluride SXP, but I can't afford one at todays prices, so i'm waiting for leasing residual. I know it's going to be awhile, but it is what it is. In the mean time, I'll just enjoy this Forum with the rest of you owners. Congratulations Owners, hope to join you eventually.

You may not have a Telluride, yet, but you do have the most awesome username!

 

[SVoigt]

I would love to have a Telluride SXP, but I can't afford one at todays prices, so i'm waiting for leasing residual. I know it's going to be awhile, but it is what it is. In the mean time, I'll just enjoy this Forum with the rest of you owners. Congratulations Owners, hope to join you eventually.

That is why I went with an EX, it had everything I needed and a lot of my wants. Just wasn't willing to pay for the extra nice things to have that I didn't need on a fixed income.

 

[Sparkle Girl 47]

That is why I went with an EX, it had everything I needed and a lot of my wants. Just wasn't willing to pay for the extra nice things to have that I didn't need on a fixed income.

Thanks, I'll check that option out.

 

[NDBlackEX]

Really? This sounds like what we heard at the end of last year..."just a couple more months until demand and production equalizes" That didn't happen and if anything demand was just as high right when the pandemic hit as it was last fall.



Really? Like winning every automotive award known to man. For some reason I don't remember seeing the Subaru win award and comparison test month after month for over a year.

The Subaru was praised quite a bit and was a hot car just like the telluride. The company's are similar, both trying to penetrate their markets. There's all this talk about the Telluride being such a hot car but the New Explorer outsells it like 2-1. Isn't that the hotter car? Those things suck but people buy em. It's all about availability. Kia will probably sell about as many Tellys as the Ascent this year. They would sell more if they could make more. It's not so hot because it's the best car ever made, it's a great car made by a manufacturer that is still figuring out how to build good cars and build a lot of them. As a company, they are similarly sized to Subaru who's had a few "hot" cars in the past decade.

My mother in law waited 4 months for her 14 forester (praised as the best cuv available by many that year), paid sticker and it held its value really well for about 2 years because they were in demand. After that, any premium dealers were getting for those new or used vs a CRV or Rav4 was gone.

Are you really so gullible to think that demand and production will never equalize for this car? Not everyone is or can wait. People will move on. Don't get me wrong, I love the car but to keep hearing about all these people paying over sticker drives me crazy. It's their money, people can do with it what they want but it effects the rest of us who like it but aren't willing to overpay for one. I've said this before: there would be no markup if no one paid markup. Even if you think the value is still there at markup, I just listed some major features above that aren't even available on the Telluride. Like autostart. People pay $58k for a Telluride and it doesn't have autostart? The $35k pilot has autostart...

All I'm saying is don't be shocked in 3 years when a 2020 Telluride isn't worth any more than a comparably equipped 2020 Honda Pilot and you paid eight thousand dollars more for that Telluride than the person who bought the Honda new. To think it's going to be worth more money than something comparable because someone paid sticker or better for it rather than 10% off MSRP is totally misguided.

It's funny to me, there are a few people on this forum who jump someone anytime the make a comment like mine or any negative comment about the vehicle. We should be able to have some balance between the fanboys, willing to die at their post defending this vehicle and this company and those who look at vehicle purchases logically. It's a discussion board. It's like if you mention you are sick of waiting, mention the fact that there are other options available or think it's stupid to pay sticker, you're cannibalized. Ugh...

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[Nas4atu10]

The Subaru was praised quite a bit and was a hot car just like the telluride. The company's are similar, both trying to penetrate their markets. There's all this talk about the Telluride being such a hot car but the New Explorer outsells it like 2-1. Isn't that the hotter car? Those things suck but people buy em. It's all about availability. Kia will probably sell about as many Tellys as the Ascent this year. They would sell more if they could make more. It's not so hot because it's the best car ever made, it's a great car made by a manufacturer that is still figuring out how to build good cars and build a lot of them. As a company, they are similarly sized to Subaru who's had a few "hot" cars in the past decade.

My mother in law waited 4 months for her 14 forester (praised as the best cuv available by many that year), paid sticker and it held its value really well for about 2 years because they were in demand. After that, any premium dealers were getting for those new or used vs a CRV or Rav4 was gone.

Are you really so gullible to think that demand and production will never equalize for this car? Not everyone is or can wait. People will move on. Don't get me wrong, I love the car but to keep hearing about all these people paying over sticker drives me crazy. It's their money, people can do with it what they want but it effects the rest of us who like it but aren't willing to overpay for one. I've said this before: there would be no markup if no one paid markup. Even if you think the value is still there at markup, I just listed some major features above that aren't even available on the Telluride. Like autostart. People pay $58k for a Telluride and it doesn't have autostart? The $35k pilot has autostart...

All I'm saying is don't be shocked in 3 years when a 2020 Telluride isn't worth any more than a comparably equipped 2020 Honda Pilot and you paid eight thousand dollars more for that Telluride than the person who bought the Honda new. To think it's going to be worth more money than something comparable because someone paid sticker or better for it rather than 10% off MSRP is totally misguided.

It's funny to me, there are a few people on this forum who jump someone anytime the make a comment like mine or any negative comment about the vehicle. We should be able to have some balance between the fanboys, willing to die at their post defending this vehicle and this company and those who look at vehicle purchases logically. It's a discussion board. It's like if you mention you are sick of waiting, mention the fact that there are other options available or think it's stupid to pay sticker, you're cannibalized. Ugh...

Wouldn’t the ready availability of the Explorer skew the results rather heavily in the sales number department? Not sure I’m buying that argument. I know you mention the availability of the Explorer, but I still believe that point is worthless, and may actually go against what you’re trying to say.

 

[MarcinTexas]

Wouldn’t the ready availability of the Explorer skew the results rather heavily in the sales number department? Not sure I’m buying that argument. I know you mention the availability of the Explorer, but I still believe that point is worthless, and may actually go against what you’re trying to say.

High volume sales doesn't mean best in class. The fact that Telluride buyers were willing to wait 6-8 months to take delivery - I would be impressed. The Explorer is pumped out like a McDonald's hamburger. It is also heavily discounted after just a year on the market. They are buying sales. What are they going to do after it has been out for several years? Offer a BOGO deal?

Also - what awards did the all New Explorer win this past year?

 

[NDBlackEX]

Wouldn’t the ready availability of the Explorer skew the results rather heavily in the sales number department? Not sure I’m buying that argument. I know you mention the availability of the Explorer, but I still believe that point is worthless, and may actually go against what you’re trying to say.

That's kinda the point, right? If the Telluride were produced in similar numbers and everyone that wanted one got one would it be considered a hot seller? We'll never know. It certainly wouldn't have the buzz around it that it has now. We'll eventually get to that point where they are readily available though. But like I said, not long after they get to that point something just as good will come out and people will flock to that.

I've looked at everything, I like Telluride the best but it doesn't compare price wise to much. Most everything can be had cheaper.

 

[MarcinTexas]

That's kinda the point, right? If the Telluride were produced in similar numbers and everyone that wanted one got one would it be considered a hot seller? We'll never know. It certainly wouldn't have the buzz around it that it has now.

The buzz the Telluride has is based primarily on the vast number of awards and comparison tests it has won over the past year. The awards and recognition have driven the demand. If KIA had the ability to manufacture 300K/year - they would have been able to sell them.