2016 Kia Rio Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/ Holdback
MSRP Invoice Price Destination Fee Holdback Dealer Cost
To avoid overpaying on a new Kia Rio, price shop online first. Get up front prices before you walk into a dealership. We recommend the following free services;
Offering six gear ratios, an electronically controlled automatic transmission system is standard in the 2016 Kia Rio. This versatile transmission comes with signature technology such as Overdrive with Sportmatic. A six-speed manual transmission is available only in the Rio LX model. As expected in a compact car, the Rio is equipped with a Front Wheel Drive (FWD) for smooth rolling and quick acceleration.
Having a robust steel unibody construction and a curb weight of just less than 2,800 pounds, the 2016 Kia Rio is a light car that's very easy to handle. A Motor Driven Power Steering offers excellent control over this swift Kia that feels more like a coupe or sports car. Four-wheel disc brakes with an Anti-Lock Braking System also offer reliable stopping power.
Available exclusively in the Kia Rio SX, a seven-inch touchscreen is linked to a voice-command navigation system. This high-tech console is also connected to SiriusXM Traffic, which delivers real-time information on road conditions. Bluetooth technology with steering wheel-mounted controls is available in all three Kia Rio models.
How to Calculate The Dealer Cost of a Kia Rio
Formula for Calculating Dealer Cost:
- Example: Base Kia Rio invoice price + the dealer Invoice price of all the options + destination - Holdback = Total Dealer Cost.
- What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.
Total Dealer Cost - Rebate and Incentive + Taxes / Licensing Fees = True Dealer Cost. (You can get rebates and incentives here)
Note: All Kia Rio Prices above are approximate amounts. Prices are subject to change without notice.
A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.