Thoughts on OTD for a 2026 Sorento Hybrid EX (Premium)
I have a 2022 Sorento Hybrid EX (Premium) with 91k miles, still owe $20,568.92 and the dealership is offering $16K for trade-in. We've had a good experience with the Sorento but were contemplating a new one since we are close the 100K Miles Warranty (which we will probably hit before the end of the year).
This is the offer they are giving me so far for a 2026 Hybrid EX Premium.
- MSRP/Market Value: $42,995 ($38,890 Standard + $2,000 Premium + $235 Floor Mats + $375 Auto Dimming Mirror w/ Homelink + $1,495 Freight and Handling in Florida)
- Total Savings: $4,469 (I am assuming the $2,750 current rebate + $1,719 dealer discount)
- Trade-in allowance: $16,000
- Dealer Doc fees: $899
- Gov Fees: $528.50
- Tax: $1,732.55
- Trade Payoff: $20,568.92
Total to finance: $46,254.91
Is this a good deal?