2022 Kia K5 Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/Holdback
MSRP | Invoice Price | Destination Fee | Holdback | Dealer Cost
Kia K5 Pricing for the LX, LXS, GT-Line, EX and GT Trims
To find the best possible price on a new Kia K5, shop prices online first. Get up front pricing before you walk into a dealership. We recommend the following free services;
How to Calculate The Dealer Cost of a Kia K5
Formula for Calculating Dealer Cost:
- Example: Base Kia K5 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)
The Kia K5 is more than meets the eye. It falls in the category of family sedan, but it feels a lot more edgy than a typical car. It has a roomy cabin, and in addition, it has driver-assist technologies, a solid infotainment system, and a few capable powertrains.
What's New This Year?
Kia first started using the "K5" name in 2021. Before that, the K5 was known as the Optima. For the 2022 model year, there have been a few changes. They're small upgrades, but they could be noticeable to prospective buyers. For example, the LXS trim gets rear-seat USB ports, the GT-Line is now available with all-wheel drive, and the higher trims have larger touchscreens. Wireless charging is an addition to select models, and parking sensors, power-folding mirrors, and all-around camera systems are now available.
The Driving Experience
Getting behind the wheel of a Kia K5 is a real treat. Most trims of the K5 run on turbocharged, 1.6-liter engines. One of these can make 180 horsepower and 195 pound-feet of torque. It's paired with an eight-speed automatic transmission, and some trims with this type of engine are available with all-wheel drive.
The most premium trim available is the GT. If anyone loves driving, this vehicle would be an intriguing choice. It runs on a turbocharged, 2.5-liter engine. With its larger size, it's able to pump out 290 horsepower and 311 pound-feet of torque. It has a sport-tuned suspension and special brake calipers, so it definitely increases the thrill factor. In addition, it has an eight-speed wet dual clutch transmission that makes the car feel very responsive.
Every K5 has Drive Mode Select, a program that gives people the opportunity to customize performance. Eco mode saves fuel, Sport and Sport + allow for a more aggressive feel, Comfort provides a smooth ride, and Smart mode can be adjusted to fit your preferences. The all-wheel drive models have Snow modes as well.
There's a big push to develop more eco-friendly models. While the K5 isn't a hybrid, it does do pretty well in terms of efficiency. It's able to achieve up to 38 miles per gallon on the highway and 29 miles per gallon in the city. Even the GT trim, which uses the faster engine, has an estimated highway mileage of 32 miles per gallon and an estimated city fuel economy of 24 miles per gallon.
The K5 sits fairly low to the ground and has angled LED headlights, the futuristic new Kia logo, and an aerodynamic shape. Some of the trims have gloss black accents and different wheel designs to set them apart. An available gloss black spoiler can make the car look even sportier.
The side mirrors can have LED turn signals built into them, and they can have a power-folding function, too. Most trims have a smart trunk that can automatically open up when someone is standing behind it with the smart key fob. Further, there's an available panoramic sunroof. Its size is impressive, and it changes the atmosphere in the cabin by letting in so much natural light.
Inside the Cabin
There's a lot to appreciate inside the K5. While it has an athletic look, it still has a good-sized cabin. Second-row leg room is over 35 inches. This isn't a huge amount of space, but it's enough room to accommodate adults in the back seat.
Remote keyless entry is standard, as is dual-zone automatic climate control. Most trims have a smart key system and a folding armrest in the middle of the back seat. Other available features include a power-adjustable driver's seat, heated and ventilated front seats, and a D-shaped, racing-inspired steering wheel.
The lineup starts out with cloth upholstery. Mid-level trims have cloth and SynTex seats, and higher trims have SynTex upholstery. (SynTex is a synthetic leather.)
Kia has focused a lot of attention on technology, and the K5 benefits from that. This car comes standard with an eight-inch touchscreen, Android Auto, Apple CarPlay, and voice recognition, all of which are elements that most modern consumers would love to have.
More than half of the K5 trims have 10.25-inch touchscreens that are easier to read and interact with. Along with the larger touchscreen comes SiriusXM Satellite Radio, navigation, and wireless charging. Even if the car doesn't have wireless charging, it would have multiple USB ports, with rear USB ports being available.
Through available Kia Connect technology, users can use their smartphones to interact with their vehicles. An app can be used to send information to the navigation program, pinpoint the vehicle's location, lock or unlock the doors, and start the engine, among other things.
Technology plays a big role in the safety package of the K5. Every trim has several driver-assist technologies, meaning that they can alert drivers to potential problems. The Kia can apply pressure to the brakes or correct steering if it seems like an accident would be imminent if no action is taken. A surround view monitor isn't standard, but it is available on the two highest trims.
The 2022 Kia K5 is affordably priced, which is great news for anyone on a budget. After taking this into account, along with its capability and other features, it's clear that it would be a smart choice for those who expect a lot out of their sedans.
Note: All Kia K5 MSRP, invoice and dealer cost dollar figures above 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.
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