Goodbye Kia

"CarsofFortLangley - Oppo Forever" (carsoffortlangley)
08/21/2020 at 21:33 • Filed to: None

A fitting end to a bizarre period in my automotive history. I bought it with literally no planning, just hopped onto autotrader and sorted new cars by price and proximity. Later that day I’d paid $11,500 (CAD) for a new Kia.

Similarly, I sold it with no planning. I hopped onto autotrader, ran it through the “instant cash offer” engine and presto! Sold it for $9800 after two years of ownership. In that time, I also wrote off the depreciation/interest and other expenses associated with it (maintenance/etc).

I bought this car because I needed something to use as a work vehicle for my job as an independent adjuster. I was going to go to lots of yucky places and didn’t want to destroy/mile out the ST.

I was given a $600 a month car allowance and I knew that by buying new I could write off the mileage/depreciation and, if I got something cheap, I could pocket some of that AND not carry as much financial risk if I got canned.

In the end, I did get laid off and, after 8 months of sitting in my garage, it’s time to let the Kia go. It fulfilled everything I asked of it.

Thanks to Oppo for coming on the journey!

9mm bullet hole

DISCUSSION (19)

Just Jeepin' > CarsofFortLangley - Oppo Forever
08/21/2020 at 21:37

Glad it served its needs, and glad you were able to get rid of it so (relatively) profitably.

Now about that Jeep...

BrianGriffin thinks “reliable” is just a state of mind > CarsofFortLangley - Oppo Forever
08/21/2020 at 21:38

And a joyful noise was heard throughout the Land of Oppo!

Congrats, man. Hope the next journey treats you well.

CarsofFortLangley - Oppo Forever > Just Jeepin'
08/21/2020 at 21:39

I literally think I made money on it overall with the allowance and write-offs.

Give it a bit! But it's coming

RallyDarkstrike - Fan of 2-cyl FIATs, Eastern Bloc & Kei cars > CarsofFortLangley - Oppo Forever
08/21/2020 at 21:41

Sad to see it go...basic cheap cars are my jam ! Hopefully it goes to a good home, it served you well!

Rusty Vandura - www.tinyurl.com/keepoppo > CarsofFortLangley - Oppo Forever
08/21/2020 at 21:51

It has consistently been my opinion that the Koreans make pretty decent cars.

Did you look at Stingers? Do Kia sell Stingers in Cannuckistan?

shop-teacher > CarsofFortLangley - Oppo Forever
08/21/2020 at 21:53

I can’t believe they paid $9800 wholesale for a stick shift sedan with no AC! You killed it on this deal!

CarsofFortLangley - Oppo Forever > Rusty Vandura - www.tinyurl.com/keepoppo
08/21/2020 at 21:54

They do! I need(lol) an off-road vehicle

CarsofFortLangley - Oppo Forever > shop-teacher
08/21/2020 at 21:55

I'm super pleased!

facw > CarsofFortLangley - Oppo Forever
08/21/2020 at 21:58

A $1700 CAD depreciation hit on a new Kia is quite low, so I think you did well on the purchase, sale or both. And hanging onto a car you aren’t driving, especially one that isn’t special doesn’t really make sense.

I’ve always felt a little bad because I advised you to go cheap when you bought it. I’ve met too many people who given that car allowance would run out and lease the fanciest pickup/BMW/Jeep they could get for $600/month, and that’s clearly a bad idea, but I didn’t mean to encourage you to get a base model Kia. Still it seems it has served you well, and owning it was certainly cheap, so I guess you didn’t do too poorly with it.

shop-teacher > CarsofFortLangley - Oppo Forever
08/21/2020 at 22:01

You definitely played your cards right on this one.

CarsofFortLangley - Oppo Forever > facw
08/21/2020 at 22:03

It helped that we still had three other cars too!

Who is the Leader - 404 / Blog No Longer Available > CarsofFortLangley - Oppo Forever
08/21/2020 at 22:24

It was a really good deal given the car allowance and surprisingly low depreciation. I'm shocked you sold it for that much. Good riddance, but it was exactly the car you needed for a while. It'll be nice to not have it taki g up garage space though.

KingT- 60% of the time, it works every time > CarsofFortLangley - Oppo Forever
08/21/2020 at 22:39

End of an (non air-conditioned) era

dogisbadob > CarsofFortLangley - Oppo Forever
08/21/2020 at 22:53

Your next car should be a Micra :o)

If you can’t afford the Micra , get an Echo hatchback

notsomethingstructural > CarsofFortLangley - Oppo Forever
08/21/2020 at 23:21

ay you did it

Highlander-Datsuns are Forever > CarsofFortLangley - Oppo Forever
08/22/2020 at 00:39

Wow what a great deal you got. Now out some money down in a nice FJ.

CarsofFortLangley - Oppo Forever > Highlander-Datsuns are Forever
08/22/2020 at 00:52

Eehhhhhhhhhhhh FJ is a little old.

R8's gated shifter > CarsofFortLangley - Oppo Forever
08/22/2020 at 05:53

That’s an incredibly low price for a new car. I live in Coquitlam I’m in the market for a super cheap new car right now. I was considering a manual trans Hyundai venue but none of them are priced as low as I want.

CarsofFortLangley - Oppo Forever > R8's gated shifter
08/22/2020 at 09:29

Have you looked at manual Mazda cx3's? I recall those being a good deal