Kia already has a fantastic warranty and generally above average quality ratings. IMHO, an extended warranty is a strategy that focuses on risk mitigation rather than overall TCO. Over a broad spectrum of sales, companies make money on selling extended warranties but individually it's a piece of mind knowing that you have a fixed prepaid cost for any future repair. Personally, I've never purchased an extended car warranty or prepaid for any maintenance but given this is a new model year and some of the gremlins that have already cropped up (fuel line recall), I can understand the desire for an extended warranty.Hello all. I’m in NJ.
We just bought a EX package. $2k over MSRP.
Went to buy a LXS, but saw that the dealer had one available EX and could not walk away.
I’m thinking if we should be buying the extended warranty for $1900.
Any suggestions? Thanks.
Not sure where you're located but I had to drive from San Antonio to Dallas to get my LXS for anything close to MSRP.@Phantasm22
Thank you both. For some reason I was under the impression that the warranty is from Kia. I will read the fine prints and sit on it for a while.
This is our first Kia. I have been driving a BMW 328i for almost 10 years now and I had some expensive repairs. The EX comes with a lot of electronics and hence my exploration of the extended warranty.
Did I pay too much for the EX? (2K over MSRP) I could not find one within 200+ miles. That's why almost got the LXS. Then as the EX was available - I just wanted to get it to give it some time before winter is here..
Thank you!BMW's are notorious in the industry for being expensive to maintain. Kia has the exact opposite reputation. Most normal wear items are pretty easy for you to replace on your own (batteries, bulbs, filters, etc). As for the price you paid, some will say you should never pay more than MSRP for a car. But the market today makes that very difficult to stick to. Most dealers are charging a mark-up and unless you're willing to wait another year or 2 for supply to build up to meet demand, then it's going to be harder to find the few dealers who will honor MSRP (and have inventory). $2k over isn't terrible vs the 5, 10, and 15k we've seen reported.