Summit Place Kia Blog

Kia Announces July Rebates

July 8, 2008 - 12:04 pm | Category: Kia News, Kia Sportage, Rebates Steve Cypher

Kia Motors America recently announced July customer cash incentives for 2008 Kia models. The cash amount ranges from $500 to $2,500, depending on the year and model.

Customer Cash for 2008 models

July Customer Cash

 

Here at Summit Place Kia, we want you to know about the new Kia rebates that will be ending on July 31st. The incentives include customer cash on select 2008 model Kias.

Competitive Bonus Cash

July Competitive Bonus Program

 

In addition to customer cash, Kia has extended the “competitive bonus” cash program. You qualify for additional cash (depending on the vehicle you are planning on buying) if you are currently driving a vehicle on one of these corresponding lists:

Spectra Bonus

Sportage

Optima Bonus

Sedona Rondo Bonus

Sorento Comp Bonus

Amanti Comp Bonus

Rondo Comp Bonus

An example: the 2008 Kia Sportage

A good example of the difference dealer cash makes is the 2008 Kia Sportage. Even though the 2008 Sportage is selling well, Kia would like to move more of them off dealer lots. In order to do this, Kia is putting $2,500 customer cash on the Spectra. But wait, there’s more. If you are currently driving one of 37 vehicles considered a “competitor”, Kia will up the ante by another $500.

Let’s price out a 2008 Sportage. The 2007 LX 2WD model with the 2.7 liter 6-cyl engine and automatic transmission also includes an AM/FM/CD sound system as well as front, front side and full length side curtain airbags. The MSRP is $20,670. With tax and fees (estimated), we’re looking at $22,200 or so. Now, subtract the $2,000 in customer cash. If you currently own a Chevrolet Blazer or a Ford Explorer, you can subtract an additional $500 in competitive cash for an amount to finance of $19,700.

The Bottom Line from Summit Place Kia

Rebates and customer cash are a great way to not only make a vehicle more affordable, but also contribute towards your down payment. In the case of the Sportage, you can buy a vehicle with a retail delivered price of over $22,000 for just over $19,000. The Sportage also comes with a great warranty – 5 years/60,000 miles for the basic warranty and 10 years/100,000 miles on the powertrain.

For more information on all the affordable, high quality Kia vehicles, visit out web site at www.summitplacekia.com, or call us at 248-682-6002 to schedule an appointment.

Summit Place Kia

 




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