MM Full-Review: 2015 Kia K900
#16
Lexus Fanatic
Thanks.
Yes, the K900 can be expected to depreciate, but, even by Kia standards, I don't see its residual price on the used-car market dropping from 60K+ to 25K in just two years. If it WAS projected to depreciate that much, that quickly, monthly lease deals would probably be very expensive unless you put a lot down to start.
Yes, the K900 can be expected to depreciate, but, even by Kia standards, I don't see its residual price on the used-car market dropping from 60K+ to 25K in just two years. If it WAS projected to depreciate that much, that quickly, monthly lease deals would probably be very expensive unless you put a lot down to start.
#17
Lexus Fanatic
Thread Starter
Agreed. Maybe a little sooner than that (3.5 - 4 years) if sales are really crappy. But, with Cadillac, Lincoln, and Buick all now out of the big V8 RWD luxo-cruiser business, and the Mercedes S-class and LS being in higher price brackets (the S-Class especially so), perhaps the former AARP members who used to buy the big American luxo-cruisers will take a second look at the Equus, K900, and Genesis 5.0. I recently reviewed a new Genesis 5.0, and its ride, despite the sport-oriented wheels/tires, is considerably softer than the past 1Gen version.
#18
And, not surprisingly (as I expected), K900s are selling for list or very close to it..........no big discounts, at least, until the new-model hype is over and/or supply and demand stabilizes a little more. So, unfortunately, there goes at least some of the car's relatively bargain price compared to German and Japanese competitors.
Supply for the K900 is extremely high relative to the demand for the car. They sold ~56 in September and they have ~624 in stock nationwide.... so at that pace nearly 1 year's supply? Well over the avg of 60 days.
So there can be significant deals to be had on K900's for someone actually willing to buy one.
#19
Lexus Champion
Not true, a quick check of TrueCar and Edmunds pricing at various zip codes coast to coast show offers starting at $4,000 to $6,000 off MSRP.
Supply for the K900 is extremely high relative to the demand for the car. They sold ~56 in September and they have ~624 in stock nationwide.... so at that pace nearly 1 year's supply? Well over the avg of 60 days.
So there can be significant deals to be had on K900's for someone actually willing to buy one.
Supply for the K900 is extremely high relative to the demand for the car. They sold ~56 in September and they have ~624 in stock nationwide.... so at that pace nearly 1 year's supply? Well over the avg of 60 days.
So there can be significant deals to be had on K900's for someone actually willing to buy one.
#20
Lexus Fanatic
Thread Starter
While I'm not saying that they are inherently inaccurate, I take some of those Internet "price promises" with a grain of salt. Obviously, the true selling price of any vehicle is what any particular dealership is (ultimately) willing to let it go for. I've been to dealerships, both shopping for myself and with others, where the best price we could negotiate was higher, the same, or, in some cases, even lower than the KBB or Edmunds price. Not all dealerships will deal with buying services like UBS, either. Often, besides the obvious supply/demand issues, the best way to get a good deal (under the circumstances) is if you know the salespeople or managers involved or if you have been a previous customer....many dealerships like to reward repeat business. I've been fortunate in that I've known a number of people in the sales-buisness, and even some General Managers and Owners.
Last edited by mmarshall; 10-19-14 at 03:03 PM.
#21
Lexus Champion
While I'm not saying that they are inherently inaccurate, I take some of those Internet "price promises" with a grain of salt. Obviously, the true selling price of any vehicle is what any particular dealership is (ultimately) willing to let it go for. I've been to dealerships, both shopping for myself and with others, where the best price we could negotiate was higher, the same, or, in some cases, even lower than the KBB or Edmunds price. Not all dealerships will deal with buying services like UBS, either. Often, besides the obvious supply/demand issues, the best way to get a good deal (under the circumstances) is if you know the salespeople or managers involved or if you have been a previous customer....many dealerships like to reward repeat business. I've been fortunate in that I've known a number of people in the sales-buisness, and even some General Managers and Owners.
#22
And yes, the bigger/main point that LexBob also confirmed is that the car is NOT selling well and is not garnering full sticker price. There is no more "new car" hype on the K900 it has been on sale nearly the full year. Maybe they'll try to re-launch it with some Lebron buzz, but that in itself won't jumpstart sales to the 5K annual pace that they were initially hoping for.
#23
Lexus Champion
and as always, very good review Mike!
#24
Lexus Fanatic
Thread Starter
Originally Posted by bagwell
and as always, very good review Mike!
#25
Lexus Fanatic
Thread Starter
Edmunds has a test K900 they are going to do a long-term evaluation on:
http://www.edmunds.com/kia/k900/2015...roduction.html
2015 Kia K900 Long-Term Road Test: Introduction
August 19, 2014
What Did We Get?
$66,400. That's the sticker price for our new long-term 2015 Kia K900. It's a big number for any car, let alone a brand that's known by most for its sub-$20K Soul hatchback.
If you've been following Kia and its sister brand Hyundai over the last few years, you may already know that Hyundai already sells the similarly priced Equus luxury sedan. Like the Equus, the K900 aims to challenge the segment leaders by offering high-end creature comforts for a lot less scratch.
It's about more than just a long list of features, too. The K900 is big, like Lexus LS 460 L big, and it has plenty of power thanks to a standard 5.0-liter V8 that sends 420 horsepower to the rear wheels through an eight-speed transmission.
When it comes to features, the K900 definitely delivers. The base level trim includes a panoramic sunroof, front and rear parking sensors, three-zone climate control, heated and ventilated front seats, heated rear seats, a power rear sunshade with manual rear window sunshades, and heated steering in its $60,400 base price. These are options on most other luxury cars.
What Options Does It Have?
The K900 is very much a "what you see is what you get" affair. There's no extensive, Porsche-like options list with paint-matched keys or leather-wrapped air vents. Aside from the color of the interior and exterior — lots of silver, gray and black — there's only one box to tick, and it's marked "VIP package." At $6,000, the VIP package increases the K900's price by 10 percent, but you get a lot for the money.
The package adds a smattering of extras that keep the Kia competitive with its far more expensive and tech-laden rivals. A 360-degree overhead-view camera system, adaptive cruise control, power soft-close door latches, 16-way seats and a head-up display are all included. The niceties are not just limited to the front seats. After all, large luxury sedans are less about driving and more about being driven in. Occupants in the back get adjustable headrests, lumbar support and ventilated and reclining seats.
Our tester is decked out in Bright Silver paint against a black leather interior. Loaded with the VIP package, our car retails for $66,400.
Why We Got It
This is Kia's statement car. It's big, expensive and designed to compete with the best luxury sedans in the world. There's no heritage to lean on and the length of its warranty isn't going to help it much. Buyers in this category expect excellence in every aspect of the ownership experience.
During our year-long test we'll not only test its extensive list of features, we'll report on the service experience that comes along with our nearly $67,000 sedan. Has Kia sufficiently upped its game to satisfy customers who are used to being pampered? Or is that one aspect of the K900 that you simply don't get for the price?
We will be looking for answers to these questions and many others over the next 20,000 miles. Follow our Long-Term Road Test Updates page as we cruise in comfort for 12 months and 20,000 miles.
Best MPG: 19.5
Worst MPG: 12.6
Average MPG over 401.8 miles: 15.7
http://www.edmunds.com/kia/k900/2015...roduction.html
2015 Kia K900 Long-Term Road Test: Introduction
August 19, 2014
What Did We Get?
$66,400. That's the sticker price for our new long-term 2015 Kia K900. It's a big number for any car, let alone a brand that's known by most for its sub-$20K Soul hatchback.
If you've been following Kia and its sister brand Hyundai over the last few years, you may already know that Hyundai already sells the similarly priced Equus luxury sedan. Like the Equus, the K900 aims to challenge the segment leaders by offering high-end creature comforts for a lot less scratch.
It's about more than just a long list of features, too. The K900 is big, like Lexus LS 460 L big, and it has plenty of power thanks to a standard 5.0-liter V8 that sends 420 horsepower to the rear wheels through an eight-speed transmission.
When it comes to features, the K900 definitely delivers. The base level trim includes a panoramic sunroof, front and rear parking sensors, three-zone climate control, heated and ventilated front seats, heated rear seats, a power rear sunshade with manual rear window sunshades, and heated steering in its $60,400 base price. These are options on most other luxury cars.
What Options Does It Have?
The K900 is very much a "what you see is what you get" affair. There's no extensive, Porsche-like options list with paint-matched keys or leather-wrapped air vents. Aside from the color of the interior and exterior — lots of silver, gray and black — there's only one box to tick, and it's marked "VIP package." At $6,000, the VIP package increases the K900's price by 10 percent, but you get a lot for the money.
The package adds a smattering of extras that keep the Kia competitive with its far more expensive and tech-laden rivals. A 360-degree overhead-view camera system, adaptive cruise control, power soft-close door latches, 16-way seats and a head-up display are all included. The niceties are not just limited to the front seats. After all, large luxury sedans are less about driving and more about being driven in. Occupants in the back get adjustable headrests, lumbar support and ventilated and reclining seats.
Our tester is decked out in Bright Silver paint against a black leather interior. Loaded with the VIP package, our car retails for $66,400.
Why We Got It
This is Kia's statement car. It's big, expensive and designed to compete with the best luxury sedans in the world. There's no heritage to lean on and the length of its warranty isn't going to help it much. Buyers in this category expect excellence in every aspect of the ownership experience.
During our year-long test we'll not only test its extensive list of features, we'll report on the service experience that comes along with our nearly $67,000 sedan. Has Kia sufficiently upped its game to satisfy customers who are used to being pampered? Or is that one aspect of the K900 that you simply don't get for the price?
We will be looking for answers to these questions and many others over the next 20,000 miles. Follow our Long-Term Road Test Updates page as we cruise in comfort for 12 months and 20,000 miles.
Best MPG: 19.5
Worst MPG: 12.6
Average MPG over 401.8 miles: 15.7
#26
Lexus Fanatic
Thread Starter
Next planned review (when it is released in my area): 2015 Lexus NX. That might (?) end up being this year's Annual Holiday Review I do each year in November or December for CAR CHAT...depends on when it is released and what else may be on the docket by then.
I'm looking forward to the NX review, if, for no other reason, because I was very impressed with the also-new Lincoln MKC, and the NX is probably going to compete with it head-to-head. We're also waiting to see what Cadillac eventually comes up with to compete in this small SUV (Cute-Ute) size class.
I'm looking forward to the NX review, if, for no other reason, because I was very impressed with the also-new Lincoln MKC, and the NX is probably going to compete with it head-to-head. We're also waiting to see what Cadillac eventually comes up with to compete in this small SUV (Cute-Ute) size class.
Last edited by mmarshall; 10-20-14 at 01:12 PM.
#28
Car Chat Moderator
iTrader: (4)
Next planned review (when it is released in my area): 2015 Lexus NX. That might (?) end up being this year's Annual Holiday Review I do each year in November or December for CAR CHAT...depends on when it is released and what else may be on the docket by then.
I'm looking forward to the NX review, if, for no other reason, because I was very impressed with the also-new Lincoln MKC, and the NX is probably going to compete with it head-to-head. We're also waiting to see what Cadillac eventually comes up with to compete in this small SUV (Cute-Ute) size class.
I'm looking forward to the NX review, if, for no other reason, because I was very impressed with the also-new Lincoln MKC, and the NX is probably going to compete with it head-to-head. We're also waiting to see what Cadillac eventually comes up with to compete in this small SUV (Cute-Ute) size class.
#29
Lexus Test Driver
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Speaking of carpet and headliner materials, the NX has a very hard and brittle headliner material, which is very un-Lexus. I was shocked at how harsh, brittle and cheap it felt!
The 7th gen Camry also has a coarse headliner, though not as harsh & brittle as the one used in the NX.
The previous 2006-2011 6th gen Camry had a very high quality, silk-like Lexus grade headliner material..
Signs of cost cutting I guess..
The 7th gen Camry also has a coarse headliner, though not as harsh & brittle as the one used in the NX.
The previous 2006-2011 6th gen Camry had a very high quality, silk-like Lexus grade headliner material..
Signs of cost cutting I guess..
#30
Lexus Fanatic
Thread Starter
Speaking of carpet and headliner materials, the NX has a very hard and brittle headliner material, which is very un-Lexus. I was shocked at how harsh, brittle and cheap it felt!
The 7th gen Camry also has a coarse headliner, though not as harsh & brittle as the one used in the NX.
Signs of cost cutting I guess..
The 7th gen Camry also has a coarse headliner, though not as harsh & brittle as the one used in the NX.
Signs of cost cutting I guess..