[dang729]

Good morning fellow enthusiasts.

I've been wanting to buy a cadenza for a few months now, but want to make sure I'm getting the best bang for my buck. This will be my first car that I buy, I currently drive a 96 Honda Civic (stick) with almost 300k miles. So this will be an amazing upgrade.

Do you personally think it's better to buy a 2014 SXL with low miles? I know since its used the 10/100 mile warranty doesn't apply. This would run me about 30k

Or would it be better to buy a 2015 Premium with luxury package? Since new, the warranty would remain at 10/100. Not sure how much I could get this for, I'd assume between 28-35k depending on incentives.

Please note that I will more than likely keep this car for over 10 years (unless I win the lottery).

Currently I'm leaning towards the 14 SXL. I really like the fact that it's fully loaded and had the passenger seat cooled as well.

Your opinions are greatly appreciated!

 

[thedunk300]

I'd say go for a used or CPO 2014. Even though it may not have the surround view camera, you get all the safety features and better bang for your buck. If you go used I see sxl for 24k now a days and if you get one around that price just go to KIA for a 3-5k extra warranty, if it wont transfer. Otherwise go for a CPO at a low price. Otherwise you will buy a 15 and see the depreciation, unless that doesn't matter.

 

[MadMax]

If you get it used Certified, the 10/100,000 is transferable. Just get a used certified, and you'll get the best bang for the buck.

 

[socalifk7]

CPO with a good negotiated price is usually a good value. I think you'll have the warranty extended if KIA CPO (not aftermarket warranty).

But if just used and not CPO be careful of extended warranties from dealer or other sources; there are good ones, but also many awful ones out there that are inexpensive to buy but near impossible to get claims paid. So if used stick with KIA CPO.

In this market its all about acquire new or used as low a price as possible; conditions are on your side.

 

[schan2464]

This might help you out. I just bought a new 2014 Cadenza through truecar. There are still a few new 2014s scattered throughout Southern California, but not sure where OP is located. Long story short, I got a little over $9100 off of MSRP. I, too, was originally planning to buy a used 2014, but when I saw the discounts being offered on the remaining new ones, I jumped on it. Had I bought used, I was prepared to buy the extended warranty, so that brought the price difference that much closer. We don't plan on driving this car all that much (6000/year), so with that type of mileage, we'll just roll the dice on the factory warranty.

The dealer was quite open with me. What I did was search a fairly large area on truecar for the absolute best price on any 2014, printed out the quote, and then contacted my local dealers with a car that fit my color choices. Then I asked them to meet the best truecar price I had found. He told me truecar pricing is just about a loss leader for them, and that they only accept between 10-20 truecar deals per month. After that, they turn truecar off so that their dealership isn't included. So, between getting a remaining 2014, along with the $3500 incentive, a $1000 competitive bonus, and a big dealer discount, I got a good deal.

 

[sh30469]

This might help you out. I just bought a new 2014 Cadenza through truecar. There are still a few new 2014s scattered throughout Southern California, but not sure where OP is located. Long story short, I got a little over $9100 off of MSRP. I, too, was originally planning to buy a used 2014, but when I saw the discounts being offered on the remaining new ones, I jumped on it. Had I bought used, I was prepared to buy the extended warranty, so that brought the price difference that much closer. We don't plan on driving this car all that much (6000/year), so with that type of mileage, we'll just roll the dice on the factory warranty.

The dealer was quite open with me. What I did was search a fairly large area on truecar for the absolute best price on any 2014, printed out the quote, and then contacted my local dealers with a car that fit my color choices. Then I asked them to meet the best truecar price I had found. He told me truecar pricing is just about a loss leader for them, and that they only accept between 10-20 truecar deals per month. After that, they turn truecar off so that their dealership isn't included. So, between getting a remaining 2014, along with the $3500 incentive, a $1000 competitive bonus, and a big dealer discount, I got a good deal.

Awesome advice here. I'm always happy to hear about stuff like this but it never mirrors my experience. Dealers in my area must just really suck big time. Either way, I'll be sure to do this with the next car.

 

[Scynthyace]

I bought my CPO 2014 Premium with 9k miles. I paid $18.5k... They had a big sticker across the windshield saying "$10,000 Off"... only reason I opted Cadenza over an Optima SXL... But I'll be honest... I am SOOOOO glad I did.

 

[schan2464]

Used Cadenzas are few and far between in San Diego, with most selling for $22k and up. Because I was planning to buy the extended warranty if I went the used route, that meant I was in for at least $24k. For an extra $3k, it just didn't seem worth it for me to buy used.