Gone are the days of finding a great deal on a new car, truck, or SUV. Consumer Reports rounded up some of the best sales this month, and these Kia sport utility vehicles didn’t make the list. Don’t buy the 2023 Kia Telluride right now if you’re trying to afford MSRP.
Don’t Buy The 2023 Kia Telluride Right Now Unless You Want To Pay More Than MSRP
Consumer Reports offers helpful lists of vehicles for sale throughout the year. While there are some great deals if you look closely, many Kia SUVs aren’t on sale this month. The 2023 Kia Telluride is never really for sale, thanks to its popularity. Most dealerships can add a surcharge to make extra money off the sale of a Telluride. Consumer Reports found that the 2023 Kia Telluride is 18% above MSRP in many places. With a price range of $35,690 to $52,785, buyers can expect to pay $6,000 or so on top of MSRP.
Since gas prices were high during the summer, there was a huge wave of buyers looking for electric and hybrid vehicles. Thanks to that change, the popularity of the 2023 Kia Sorento Hybrid increased. The Sorento is 18% above the Manufacturer’s Suggested Retail Price (MSRP). With a base price range of $36,590 to $42,390, some dealers have added another $6,000 or more. However, not all bad news.
The Sorento is a Consumer Reports green pick, thanks to the hybrid powertrain. It has plenty of driver assistance features to keep the whole family safe and offers a comfortable ride. The Kia Sorento has room for seven passengers and comes with Kia’s legendary 10-year, 100,000-mile warranty.
Don’t buy the Kia Telluride or Sportage Hybrid right now
With a price range of $27,290 to $42,990, the 2023 Kia Sportage Hybrid is a reasonably priced SUV. However, the Sportage has also been subject to an additional 18% surcharge. That low starting price could be the reason for the price increase, as many buyers jumped on Kia’s SUVs during the pandemic. While the 2023 Kia Telluride is one of the most popular options, many people are interested in other Kia vehicles.
Due to semiconductor chip shortages and other challenges, most automakers struggled to keep up with demand. While some brands couldn’t offer much inventory, Kia had plenty of cars, trucks, and SUVs to choose from. Kelley Blue Book says the median price for a new car in November 2022 was $48,681, which is still higher than some of the optional Kia SUVs listed here.
Dealers have also priced the 2023 Kia Seltos, 2023 Kia Rio and 2023 Kia K5 above MSRP in many areas. Consumer Reports found the versatile 2023 Kia Soul to be too expensive, too.
Here are some SUVs that are for sale right now.
While these SUVs have a lot to offer buyers, it would be best to search. Kia cars, SUVs and minivans have characteristics similar to other vehicles within those categories. Consumer Reports also lists some of the best new car deals. In the SUV category, the 2023 Buick Encore GX Select AWD and the 2023 Buick Envision Essence AWD are on sale. The Encore has an MSRP of $29,300 but is 5% off in some areas, saving you $1,000 or more. That gets you to an all-new 2023 SUV with all-wheel drive for around $30,000.
The 2023 Chevrolet Equinox LT with 1LT AWD is another all-wheel drive option with a low MSRP of $29,300. With 6% off in some areas, that’s another all-new sport utility vehicle for $30,000 and a few changes. Consumer Reports says the 2023 Cadillac XT5 Premium Luxury AWD is on sale along with the 2023 GMC Acadia Denali AWD. These have higher starting prices, around $50,000, but have potential savings of $3,000 or more.
If you don’t buy the Kia Telluride or another Kia SUV right now, hopefully prices will come down in the new year. If you need a new SUV, check out some of the deals the competition is offering. You might be able to snag a 2022 model to get it off the lot before more 2023 versions arrive.