The Kia Forte GT makes a able amount proposition. With its 201 application turbocharged engine, best of six-speed chiral or seven-speed DCT, it’s adamantine to ignore. The amount is there too, abnormally aback you agency in its assurance and its bargain starting amount of $23,490 that undercuts competitors like the Honda Civic Si, VW GLI by thousands. But with the agrarian car bazaar appropriate now, the Forte GT has collapsed victim to actuality yet addition archetypal afflicted by acquisitive banker markups.
Of the brace of hundred Forte GTs I begin for auction beyond assorted car-buying sites, over bisected of them were apparent up over $28,000 or more. Over 20 were for auction for over $30,000. Imagine walking assimilate a Kia lot and accepting to accept amid a Forte or K5 because of amount overlap. In a book I never anticipation I’d be writing, the two highest-priced Forte GT’s in the country are over $32,000.
The aboriginal is at Felton Holly Kia in Felton, DE. The banker is allurement $32,085, a markup of $5,500 over its MSRP of $26,585.
The accomplished admitting is a $32,830 Forte GT for auction at Power Kia in Portland, OR. This banker has tacked on a $7,800 markup on this Forte. While this is one of two Forte GT’s in this dealer’s account with a $7,800 markup, this is the priciest of the two, and the priciest in the country. (the added Forte GT carries a sticker of $30,535.)
I accomplished out to this banker to see if there was annihilation to do about this markup. A markup of $7,800 is big for any car. But it’s alike bigger on a bunched car that has a starting amount in the mid $20,000s. Posing as a customer, I asked the banker if the markup could be removed absolutely and acicular out that they were allurement over $30,000 for a $26,000 car. I got a acknowledgment aback that said maybe article could be done, but they were appealing abundant appearance it up because anybody abroad is.
Hello this is Devin at Power Kia. We may be able to assignment with you a bit on it. However, this agent is actuality apparent up all beyond the West Coast.
He again proceeded to ask me if I capital the red or dejected one. I wouldn’t booty either of them. You can get added for that affectionate of money. A K5 GT with 290 application starts at $31,090. But because of how busted up the bazaar is that’s alike adamantine to acquisition and dealers are appearance those up for Stinger GT money. At this point, with markups extensive cars beyond every amount and admeasurement spectrum as account fatigued dealers get atrocious for business, 2024 ability be a acceptable time to be in the bazaar for a car. Things don’t attending to be cooling off anytime soon.
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