2014 Kia Forte EX: What Would It Really Cost?
February 25, 2014
In our long-term introductions we always list the MSRP of the vehicle we are testing. But we rarely talk about what it would actually cost to buy the car. Of course, the purchase price is a moving target. Incentives come and go. The price of new cars rises and falls. And car buyers each have their own ability level when it comes to deal-making.
Since I liked this feature-rich 2014 Kia Forte EX, and I'm coming out of a lease on my current car this summer, I was curious to know what it would take to put this car in my garage. So I ran the numbers to see how much a purchase and a monthly payment would cost. Here's the skinny.
According to Edmunds' True Market Value (TMV), a similarly equipped 2014 Kia Forte EX is now selling for $24,333 (after a $1,000) cash rebate. That price is $562 over invoice. Anyone interested in buying this Kia could also look for Price Promise offers which are likely to be at this price or perhaps even lower.
If someone wanted to finance this car, they could look at sample monthly payments by using Edmunds calculator. I plugged in the $24,333 purchase price and the calculator automatically pulled in local sales tax and registration fees to give a real-world monthly payment of $443 a month with $1,000 down.
With a little bit of number crunching, you can educate yourself about the costs before going to the dealership. This will help you take control of the deal and double-check the dealerships offers.
Philip Reed, Senior Consumer Advice Editor @ 13,578 miles