This deal is profitable. The price is 7 percent below the fair price.
Low price: $8085
Fair price: $9679
High price: $11272
MPG: 27 mpg city / 36 mpg hwy
Interior Color: Beige
Color: Signal Red
Dealer: Taylor Hyundai of Perrysburg
Mileage: 37,862
Year: 2015
Ownership Cost for 2015 Kia Rio LX
Estimated: $32893 over the next 5 years
Year 1
Year 2
Year 3
Year 4
Year 5
Total
Depreciation
$2342
$1124
$984
$890
$796
$6136
Insurance
$1918
$1986
$2055
$2127
$2201
$10287
Fuel
$1219
$1255
$1299
$1351
$1412
$6536
Maintenance
$1233
$1064
$801
$761
$1587
$5446
Repairs
$390
$599
$672
$801
$955
$3417
Taxes & Fees
$720
$720
$720
$720
$720
$1066
Total Ownership Costs
$7823
$6110
$5916
$5998
$7046
$32893
Air Bag Loc Curtain: 1st & 2nd Rows
Air Bag Loc Front: 1st Row (Driver & Passenger)
Air Bag Loc Side: 1st Row (Driver & Passenger)
Body Class: Sedan/Saloon
Displacement CC: 1600.0
Displacement CI: 97.63799055157
Displacement L: 1.6
Doors: 4
Engine Model: DOHC Gamma
Fuel Type Primary: Gasoline
Make: KIA
Manufacturer: HYUNDAI-KIA AMERICA TECHNICAL CENTER INC (HATCI)
Manufacturer Id: 1034
Model: Rio
Model Year: 2015
Plant City: Sohari
Plant Company Name: Kia Motors Corporation
Plant Country: South Korea
Seat Belts All: Manual
Series: GL - Middle-low
Series2: UB
TPMS: Direct
Valve Train Design: Dual Overhead Cam (DOHC)
Vehicle Type: PASSENGER CAR
Model year
COMPONENT
Complaint
2002
ENGINE AND ENGINE COOLING
WHILE TRAVELING ON A RESIDENTIAL ROAD THE CAR BACK FIRED THEN THE ENGINE SEIZED UP, THE TIMING BELT WAS THE LIKELY CAUSE ACCORDING TO THE DEALER, BUT BECAUSE IT HAD 60,274 MILES THEY WOULD NOT COVER IT UNDER WARRANTY. THE SERVICE PERSON SAID THEY HAVE HAD AT LEAST SIX SIMILAR FAILURES IN THE LAST YEAR, A COUPLE WERE LESS THAN 59,000 MILES AND WERE COVERED. IN TALKING TO KIA DIRECT, THEY SAID BECAUSE WE BOUGHT THE CAR USED AND HAD NO SERVICE RECORD FROM BEFORE, NOTHING COULD BE DONE. IT'S CLEAR FROM THE NUMBER OF FAILURES THIS IS A DESIGN DEFECT. THE TIMING BELT FAILURE AND SUBSEQUENT ENGINE LOCKUP COULD CAUSE A FATALITY IF IT HAPPENED AT FREEWAY SPEEDS! *JB
