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onetime2 · 10-28-2003, 06:18 AM

I know of a few people that have them and no one has mentioned any issues. There are a couple of things to consider though.

The first is how you plan to pay for vs how long you plan to have it. If you plan to have it for many years and not expecting to really resell it, then it may be a good option. If you plan to take out a long-term loan and will be trading it in or selling it in a year or two, it's a bad idea.

Resale value of a Kia is generally low. This may put you in the position of owing more than the vehicle is worth. Should you get into an accident or it gets stolen under these conditions or you want/need to sell it or trade it in, you will be laying out thousands of dollars to make up the difference. Gap insurance is designed to cut down the risk with regard to an accident but there's nothing to limit the risk in case you want/need to sell it or trade it in.

That being said, if the warranty/price meet your needs and you don't fall into the above problem I would say go for it. They seem like pretty nice cars. I would check for specific criticisms in Consumer Reports or the like for the model(s) you're looking at though. Good luck!

10-28-2003, 06:18 AM	#2 (permalink)
onetime2 Junkie Location: NJ	I know of a few people that have them and no one has mentioned any issues. There are a couple of things to consider though. The first is how you plan to pay for vs how long you plan to have it. If you plan to have it for many years and not expecting to really resell it, then it may be a good option. If you plan to take out a long-term loan and will be trading it in or selling it in a year or two, it's a bad idea. Resale value of a Kia is generally low. This may put you in the position of owing more than the vehicle is worth. Should you get into an accident or it gets stolen under these conditions or you want/need to sell it or trade it in, you will be laying out thousands of dollars to make up the difference. Gap insurance is designed to cut down the risk with regard to an accident but there's nothing to limit the risk in case you want/need to sell it or trade it in. That being said, if the warranty/price meet your needs and you don't fall into the above problem I would say go for it. They seem like pretty nice cars. I would check for specific criticisms in Consumer Reports or the like for the model(s) you're looking at though. Good luck! __________________ Strive to be more curious than ignorant.