Should I buy this 2026 Venue SE at $18.9k? (CPO very low miles)
I am in the market for a cheap new/lightly used CPO cars. Considering only Kias, Hyundais (for the warranty and moderate reliability) and japanese manufacturers (overall reliability). Got tired of finding a reliable and cheap used car.
I have an offer for a 2026 Venue SE from a dealer 7 hours away at $18900+tax = $21200 OTD. It has only a few miles on it but it was titled to be a company car for the dealer but never used much - It is now being sold as a CPO vehicle.
Dealer is not reducing a penny more despite pointing out the ridiculous $799 doc fee and the fact that I am going to register it out of state. I was hoping to be around $20k otd as it is a CPO car and qualifies only as a used car - so my bank's interest rate is going to be close to 7% instead of 5.5-6% on new cars. There are also no manufacturer financing offers for the car.
Should I pull the trigger or wait for a better deal? Thank you!
Edit: Personally, I do not mind that the car is small or underpowered - I do mind that it affects the resale value of the car.