2023 Kia Models & Invoice PricingForteForteK5K5NiroSeltosSorentoSorentoSoulSportageSportageTellurideTelluride Latest Kia Invoice PricingInvoice Pricing2024 Kia SoulInvoice Pricing2024 Kia ForteInvoice Pricing2024 Kia TellurideInvoice Pricing2024 Kia SportageInvoice Pricing2024 Kia SorentoLatest Kia ReviewsNew Review2023 Kia Sedona ReviewNew Review2022 Kia Sedona Review New Kia Dealer Invoice Pricing: How to Get the Best Car Price Are you in the market for a new Kia? Before you go to the dealership, you should know a few things about Kia car prices. Having a basic knowledge of Kia dealer invoice pricing can save you many headaches and help you get the best price possible for a new car. If you’ve been doing your research, you’ve probably come across a few terms like invoice price, holdback, and MSRP. Getting up to speed on these terms will help you be an informed shopper and potentially save you money on a brand new Kia. Kia Invoice Pricing The initial price a dealership pays the manufacturer is called the invoice price. The dealer pays this price to stock the vehicle. Then they make their money by selling the car at a higher price. Knowing the Kia dealer invoice price is crucial when shopping for a new car. If you have the invoice price, you can use that as a starting point when negotiating prices with the dealership. You can potentially save thousands of dollars and know you’re getting a fair price on your new Kia with this bit of knowledge. Terms to Know There are plenty of other terms to know when it comes to car shopping. Here’s some essential vocabulary to help with your research. MSRP The MSRP is the manufacturer’s suggested retail price, also called the sticker price. MSRP is what automobile manufacturers advise their dealers to charge for a vehicle. How Does MSRP Compare to the Kia Invoice Price? The difference can be thousands of dollars. MSRP will always be higher than the invoice price, which allows dealers to make a profit. MSRP isn’t necessarily going to be the price you pay for the car. For one, the dealer may charge a different price altogether. Car buyers may also try to negotiate down from the MSRP to save some money. Dealer Holdback After the dealership sells a car, the automaker will give them a small reimbursement—the dealer holdback—for selling it. The amount the dealer receives can vary, but it’s usually calculated as a percentage of the MSRP or the invoice price. Dealer Cost The invoice price is just a base price Kia dealers will pay the manufacturer. The true dealer cost is the actual price they pay after receiving the holdback, rebates, and other discounts. You can calculate the dealer cost by subtracting the holdback and incentives from the invoice price. Manufacturer Incentives & Rebates Auto manufacturers will sometimes offer incentives to the dealer in the form of rebates or other discounts. By offering incentives, they encourage dealers to stock more cars. And in turn, this brings more customers to the dealership. Occasionally, customers benefit from these savings, too. What is the Suggested Price for a Kia? When it comes to new Kia prices, having a rough estimate of the true dealer cost can help a lot in price negotiations. You can calculate the dealer cost using this simple formula: True Dealer Cost = Invoice Price – (Dealer Holdback + Manufacturer Incentives & Rebates) Once you’ve figured the dealer cost, you can use that as a starting point in your negotiations with the dealership. In most cases, you can ignore the MSRP in your negotiations. Most dealers expect shoppers to start from MSRP and then try to cut the price down. But the truth is, you could still be overpaying for the car. The ideal negotiation strategy is to start at the dealer price, then work your way up. This way, you know you’re getting a fair price, and you’re potentially saving thousands of dollars. Once you have an idea of how much the vehicle will cost, you can calculate the monthly payments on your new Kia using this payment calculator. Process of Getting the Invoice Prices for Kia You can avoid a lot of time, stress, and hassle by knowing these numbers. Having Kia invoice prices unlocks one of the secrets to getting the best deal possible. Once you know the invoice price, you can center your negotiations around it. This makes for a more pleasant car-buying experience. Getting Kia dealer invoice prices is quite simple—with the right help. All you have to do is fill out our free application. Then we’ll work directly with dealerships near you to get the most accurate pricing available. Apply Now to Get Kia Dealer Invoice Pricing Car shopping can be time-consuming and stressful. But it doesn’t have to be. At Invoice Pricing, we’ll simplify the process and eliminate all the headaches involved with buying a car. Apply today and get new Kia prices delivered right to your inbox. Have any questions? Reach out to us anytime, and we’ll help you find Kia car prices and more.