2020 Kia Niro Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/ Holdback
MSRP | Invoice Price | Destination Fee | Holdback | Dealer Cost
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The 2020 Kia Niro is a popular sporty hybrid compact SUV that offers remarkable performance on the road and provides ample room for people and cargo. The Niro comes with an elegant and stylish profile that is not only pleasing to the eye but also crafted to provide maximum comfort.
The 5-seater hatchback crossover SUV, has a bold, rugged design with sharp lines and practical dimensions, the 2020 version comes spotting some upgrades that were unavailable in prior models. Cloth upholstery is standard, but leather upholstery, heated and ventilated front seats and a power-adjustable driver seat are available options.
What's New for 2020?
The 2020 Kia Niro comes with new stylish headlights and fog lamps, a redesigned bolder front grille and daytime running LED lights. Similar to the previous Niro, the 2020 version is available in three options. These options include a plug-in hybrid, a hybrid, and an EV.
The Niro comes equipped with an 8-inch touch screen UVO infotainment system with one of the best user-friendly interfaces in the market, which features physical controls for easier adjusting. The Niro comes standard with a 4-speaker audio system. Still, if you are looking to upgrade your entertainment experience, you can opt for the 10.25-inch touchscreen and the premium Harman Kardon sound system that comes with 8-speakers.
The Niro appears smaller than it is because of the hatchback profile. However, once you are inside, you get to see just how spacious the crossover is. It comes with 19.54 cubic feet of cargo space in the trunk, with the second-row seats folded you get an impressive 54.5 cubic feet.
Trim levels and Significant Upgrades
The Kia Niro is available in five trim options, LX, LXS, Touring, Touring Special Edition, and the top-of-the-line EX premium. All trims come in either a hybrid, plug-in hybrid or an EV. The plug-in hybrid and the hybrid come with a 4-cylinder engine, an electric motor, and a 6-speed dual-clutch auto transmission.
The Niro LX is the base trim, and it comes packed with a wide range of tech features. It comes equipped with a dual-zone auto climate control, a rearview camera and quality cloth upholstery. The Niro also features a UVO infotainment system with an 8-inch crisp touchscreen with Apple CarPlay and Android Auto integration, HD radio, a 4-speaker audio system, Bluetooth, and a USB charging port.
The Niro LXS comes with all features in the base trim plus an automatic emergency braking, lane-keeping assist, blind-spot monitoring, forward collision warning, rear cross-traffic alert, and driver alertness monitoring.
The Niro Touring is an intermediate trim level that is affordable and decked out with a myriad of features. In addition to the standard features available in the lower trims, the Touring has more bespoke cloth and leather upholstery, satellite radio, a sunroof, adaptive cruise control, and a power-adjustable driver’s seat.
The Kia Niro EX Premium is one of the higher trims. It features a broader assortment of standard features including, synthetic leather upholstery, a heated steering wheel, a wireless charging pad, rear parking sensors, and heated and ventilated front seats.
The Niro Hybrid is powered by a 1.6-liter 4-cylinder engine paired with an electric motor placed between the engine and transmission and generates 139 horsepower and 195 pound-feet of torque. The plug-in hybrid draws its power from a 1.6 liter 4-cylinder and an electric motor to put out 104 horsepower and 109 pound-feet of torque. The EV uses a 64-kWh battery that has an output of an impressive 201 horsepower and 291 pound-feet of torque. The Hybrid and Plug-in models are mated to a 6-speed automatic dual-clutch
The Niro is an efficient and versatile car built for comfort and performance. It offers stable handling, accurate steering, and a well-tuned suspension, to give a comfortable ride on most terrains.
The fully electric Niro earns an EPA rating of a remarkable 123 MPGe in the city, 102 on the highway and 112 combined, the Plug-In Hybrid has ratings of 105 MPGe combined with 32kWh for every mile on the electric motor and 2.2 gallons for every mile on gasoline.
The base trim earns 52 MPG in the city, 49 Mpg on the highway and 50 combined. With a standard 120-volt household power outlet, you can charge the KIA in just about 9 hours. With an industrial 240-volt connection, you can charge it in an incredible two and a half hours.
The EV takes about 60 hours to charge when using a household 120-volt outlet. With a 7.2-kWh charger, it takes approximately 9 ½ hours. DC fast charging can charge the battery to 80% in only 1 hour and 15 minutes.
Engineers at KIA installed regenerative brakes on the Niro to capture energy when applied, thus recharging the battery. DC fast charging is standard and can recharge about 80% of your battery in 75 minutes.
All in all, the 2020 Kia Niro is a beautiful and efficient compact crossover SUV. It offers a spacious interior, excellent exterior design, and incredible fuel economy. The 2020 Kia Niro provides an excellent choice for buyers who want a compact crossover that is reliable, capable and efficient.
For more information on the availability of the 2020 Kia Niro, contact our dealership directly to speak with a member of our friendly sales staff and schedule a test drive today.
How to Calculate The Dealer Cost of a Kia Niro
Formula for Calculating Dealer Cost:
- Example: Base Kia Niro 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 Niro MSRP, invoice and dealer cost dollar figures 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.