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Hyundai Santa Fe Prices Paid and Buying Experience

2635 messages,  Last post on Nov 28, 2009 at 3:41 PM

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What is this discussion about? Hyundai Santa Fe, SUV


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#1209 of 2635
Re: Extended Warranty by oceang2
Jul 22, 2007 (6:58 am)
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I purchased the sf Lmtd last week.
I'm debating on which extended warranty to go with. Can a few people help clarify this topic.
 
I have Geico Ins. and they have a 100K mile b to bumper warranty which has to be initiated before 15k miles on the car. Its only 4.75/mo. This has a 250.00 deductible so its great for expensive repairs.
 
Any other comments appreciated. Thanks.
#1210 of 2635
Re: Extended Warranty [oceang2] by mpuzach
Jul 22, 2007 (7:56 am)
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Replying to: oceang2 (Jul 22, 2007 6:58 am)

I also have GEICO and I went with their extended warranty on both of my cars (2007 Santa Fe Limited AWD and 2005 Corvette). For the money it can't be beat.
#1211 of 2635
Re: Extended Warranty [mpuzach] by mmsf14
Jul 22, 2007 (10:59 am)
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Replying to: mpuzach (Jul 22, 2007 7:56 am)

I purchased a Santa Fe Limited this weekend also. On my previous Santa Fe I purchased the 10 yr/100k bumper to bumper warranty directly from Hyundai and loved the service. I ran out the 60k warranty in 3 years and had no problem getting warranty service at any Hyundai dealership afterwards. I did not have to get authorization or anything, just brought the car in. And the $0 deductible (standard) allowed me to take the vehicle in numerous times for the little bugs that popped up (interior lights switched off intermittently, sunroof gremlin, etc) with no fear of out of pocket expense. Only cost $875 in 2003.
 
Now, I wanted to purchase the exact same warranty for my current edition but then I found out that Hyundai no longer offers the warranty directly. They "partnered" with JM&A (subsidiary Fidelity Warranty Services is on the form) to offer the warranty and it is not exactly the same. Here are the differences that are causing me to rethink purchasing the 10yr/100k warranty now:
 
1. After the standard 5/60 warranty runs out, if you want/need to take your vehicle to any Hyundai dealer other than the one who sold you the car, you must call a number to get authorization.
2. If the dealer does a repair before getting permission from the warranty company, the warranty company can refuse to pay and will likely want to inspect the "defective" parts to confirm necessity. Similar to any 3rd party warranty
3. Not all Hyundai dealers have bought in yet from what I can tell. Being the research nut that I am, I called Hyundai dealerships in Georgia, Kentucky and Tennessee and found one that only offers the Chevy warranty and another that only offers a warranty through Great American. These are not "official" Hyundai warranties and may cause hangups at other dealerships.
4. On the plus side, the warranty rep at my local dealership (who has always provided excellent service for the past 3 years on my previous Santa Fe bought in another state) recommended JM&A highly. He has been doing Hyundai warranty work for nearly 20 years and has dealt with JM&A frequently with no issues. He said the process is very similar to th old Hyundai direct extended warranty.
 
In the end, it is up to you who you want to go with, 3rd party or the manufacturer's "partner". If you may move from time to time, it is a slightly higher risk to go with a 3rd party warranty if another dealer will not honor it.
 
On a side note, if you elect to buy the Hyundai warranty through their partner, check the deductible before signing the paperwork. You can choose $0, $50 or $100...if you don't specify you will likely be given the $100.
#1212 of 2635
Santa Fe GLS 2wd by rwhoutx
Jul 23, 2007 (8:34 pm)
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The best deal I have been able to get for a plain jane Santa Fe 2WD in a color they have on the lot (silver) is $18,800. The only options would be Automatic Transmission and Floor Mats. Any thoughts? Should I take it? Good deal? Can it be made better?
#1213 of 2635
Re: Santa Fe GLS 2wd [rwhoutx] by mpuzach
Jul 23, 2007 (9:17 pm)
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Replying to: rwhoutx (Jul 23, 2007 8:34 pm)

Assuming that it does not have XM, invoice on the car is $22,034. Even if your deal is after the $1000 rebate, you're getting it for $2234 under invoice. That sounds like a fantastic deal to me. If the car is equipped to your liking, you'd be crazy to not grab it.
#1214 of 2635
Re: Extended Warranty [mmsf14] - $1500? by girlnextdoor
Jul 24, 2007 (3:01 am)
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Replying to: mmsf14 (Jul 22, 2007 10:59 am)

I was thinking of getting the $0 deductible warranty and am getting quotes of $1500. Does that sound high? What is reasonable? They claim their cost is $1400..
#1215 of 2635
Re: Extended Warranty [mmsf14] - $1500? [girlnextdoor] by tuggers
Jul 24, 2007 (4:22 am)
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Replying to: girlnextdoor (Jul 24, 2007 3:01 am)

Go look at post #1195. I posted there how to get the HPP warranty, zero deductible for $759
#1216 of 2635
Is this a good deal? by chemron
Jul 24, 2007 (6:03 am)
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Is this a good deal or should it be better?
Thanks
Ron
Santa Fe SE AWD It has The Touring Package and the Trailer Prep Package and Floor mats.
The vehicle internet price is $26,307.00
Fees 489.98
taxes 1982.00 -7.4%
Rebate -1000.00
Total without trade: $27,778.98
#1217 of 2635
Re: Is this a good deal? [chemron] by mpuzach
Jul 24, 2007 (9:53 am)
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Replying to: chemron (Jul 24, 2007 6:03 am)

Have you done any research? All of the invoice pricing is available right here at Edmunds. Assuming that the car you're looking at does not have XM (you don't specify), a quick look reveals the following:
 
M.S.R.P. = $27,730
Invoice = $26,334
 
They're essentially trying to sell you the car at invoice which is not a great deal. (Others here are reporting purchases at $1000 - $1500 under invoice before backing out the rebate. On top of that, they're tacking on a $490 "fee" - whatever that is, it's a rip-off and there's no way you should pay it (unless this is for registration).
 
I'd offer $25,000 LESS THE REBATE and no extra "fees". If they met in the middle at $25,750 LESS THE REBATE and no additional fees (except for tax and registration, of course), I'd do the deal.
#1218 of 2635
Re: Extended Warranty [mmsf14] - $1500? [girlnextdoor] [tuggers] by tbj0801
Jul 24, 2007 (10:13 am)
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Replying to: tuggers (Jul 24, 2007 4:22 am)

Tuggers:
 
Is the ext. warranty referenced in consumer's checkbook a Hyundai warranty or is it backed by a third party like JM&A?
 
I believe there are often a variety of levels (power train only, silver plan, gold plan, and platinum plan) of coverage, a variety of numbers of year covered (from 5 and up to 10 years), and different deductibles ($100 or $0) offered. To which of these does the $759 quote correspond?

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