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2013 Kia Optima Ex Sedan 4-door 2.4l Salvage, Recovered Theft, Not Wrecked on 2040-cars

Year:2013 Mileage:17400 Color: of the vehicle
Location:

Louisville, Kentucky, United States

Louisville, Kentucky, United States

Hello you are bidding on a nice 2013 Kia Optima  GDI with 17,000 miles.This vehicle is a theft recovery therefor there is only minimal damage to the exterior of the vehicle. There is a scuff on the right rear bumper and a couple of little scratches on the left door, all of which are repairable. Because of the minimal damage the car is completely drivable as is. This car is equipped with mp3 hook up and a CD player. Interior appears to be in good condition with little to no tears and/or scratches. The vehicle is available for inspection at any time, please feel free to contact me at  502 812 2972 with any questions you may have. The interior is interior is very nice on the vehicle. We can get you a rebuilt title for $100.00 if you are interested. Very nice vehicle. Save thousand verse buying from a big dealership and you do not have to do anything to save. Great vehicle.

AS IS DAMAGE DISCLOSURE
    We are a family owned business since 1954 same location for 57 years. All of our cars sold as is damaged. A lot of the wrecked vehicle we sell are crashed but still assembled, there are a lot components that maybe damaged that we can not see. We start all vehicles, and see if they can drive, we specify if you can drive them home our lot drive. We do our best to specify which parts are damaged and if the vehicle has frame or structure damage. We list all the damaged items in our add so make sure you read the entire ad there maybe some items listed that you can not see in the pictures. We are also not responsible for keys or key fobs losing program. You need to remember you are buying a wrecked car, not a fully functional vehicle in most cases. Please ask as many questions as you like, we will be glad to answer any of the questions you have. You are more than welcome to come by our shop and inspect the vehicles in person or send a representative to inspect the car for you. All vehicles sold as is, we are not responsible for any unseen damaged parts or unseen damaged areas.  We are not responsible for  carfax, or auto check reports of vehicles while they are for sale by us or after the vehicles are sold. 

ALL PAYMENTS ARE DUE WITH 3 DAYS OF THE AUCTION

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Auto blog

Hyundai reveals CEO's pay for first time ever

Tue, 01 Apr 2014

Thanks to some government pressure, Hyundai's billionaire chairman, Chung Mong Koo, has revealed just how much he gets paid each year. Honestly, the amount is a bit lower than we'd expect considering he helms such a huge industrial empire. The 76-year-old chairman brought home $13 million in 2013, $5.2 million of which came from Hyundai's automotive business while both Mobis and Hyundai Steel chipped in $3.94 million, each. For reference, Ford CEO Alan Mulally netted $23.2 million in 2013, although the vast majority of that money came from stock options.
The push for Chung to reveal his pay was part of a larger effort by the South Korean government called the Financial Investment Services and Capital Markets Act. The act forces several thousand companies to release info on annual pay, bonuses and severance for employees earning over $5 million won ($469,000), according to Bloomberg.
"With the disclosure of the executives' compensation, the pressure to deliver better profits will increase," said Heo Pil Seok, the CEO of Midas International Asset Management. It seems to be working, as Hyundai shareholders, of which Midas is one, have seen their shares increase by 6.1 percent in 2014, which includes a 1.2-percent jump as of yesterday, according to Bloomberg.

Kia to green-light GT and Provo for production?

Tue, 12 Mar 2013

Kia is looking to inject a bit more performance life into its brand, and according to Auto Express, the company is looking at creating sporty models based on two of its recent concept cars, the GT four-door from the 2011 Frankfurt Motor Show (shown above) and the Provo hybrid hatchback that debuted in Geneva last week (inset, right).
"The GT is close to being approved and going into production, but, as with all our cars, they have to be developed on a sound financial footing," Benny Oeyen, Kia Europe's VP of marketing and product planning, told Auto Express. When it debuted, the GT four-door was powered by a turbocharged 3.3-liter V6, reportedly good for 389 horsepower and 394 pound-feet of torque, mated to an eight-speed automatic gearbox.
The Provo, on the other hand, could stand as a sort of halo car for the company's B-segment offerings. It would ride on the same front-wheel-drive platform as the Rio compact, though Kia says it's eager to keep the concept's gasoline-electric powertrain intact. "Our brand is currently rational, but there's space for a B-coupe," says Oeyen. Of course, the company would indeed have to look at different naming possibilities for its B-segment coupe, since the week-old Provo is already stirring up some controversy.

Hyundai spooks investors by paying $10B for new Gangnam HQ location

Thu, 18 Sep 2014

Doing things Gangnam style apparently costs a serious chunk of change, because Hyundai is reportedly paying roughly $10 billion for 19.6 acres (79,342 square meters) of land in the trendy district of Seoul, South Korea, to serve as the location for its new headquarters. That eye-popping number represents the highest amount ever paid for a plot of land in South Korea, according to Reuters. The hefty price tag reportedly scared investors enough for stock prices to sink dramatically.
Shareholders were apparently upset because the massive outlay could instead have been put back into the company for research and development or other improvements. Instead, the company reportedly bid triple the land's appraised value, says Reuters. The announcement caused Hyundai's stock price to plummet a massive 9 percent, and there were losses from Kia and the company's parts arm, as well. All told, the three of them lost nearly $8 billion in value from the falling share prices - almost enough to pay for the controversial land.
Hyundai currently has its headquarters on the outskirts of Seoul, but seems keen to move to the high-end Gangnam district to show off its rising status. It plans to build a new office complex, hotel, convention center and theme park on the site. According to an analyst speaking to Reuters, that could all cost an additional $6 billion to complete.