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Hyundai Santa Fe Prices Paid and Buying Experience

2193 messages,  Last post on Oct 10, 2008 at 12:03 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Hyundai Santa Fe, SUV


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#1700 of 2193
Re: OK....I may have gotten the best deal to date! [oregonmastiff] by mtjc521
Nov 11, 2007 (11:30 pm)
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Replying to: oregonmastiff (Nov 11, 2007 9:45 pm)

m.cravencomcast.net thanks for any help on the best dealership to negoitate 07 Santa Fe in Portland area, or from Olympia south to Eugene.
#1701 of 2193
What should I pay for a Santa Fe by lorena
Nov 20, 2007 (10:34 pm)
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I have finally decided on a Hyundai Santa Fe Limited. Honestly, what should I expect to pay now that it is close to the end of the month and the end of the year. Does where I live really affect the price? Are the dealers making better deals because of the gas prices? Thanks for any info or advice.
#1702 of 2193
Re: What should I pay for a Santa Fe [lorena] by mpuzach
Nov 21, 2007 (6:52 am)
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Replying to: lorena (Nov 20, 2007 10:34 pm)

If you're looking at buying a 2007, figure on paying roughly $1500 under dealer invoice, LESS any applicable rebates. Beware, though, that the supply of 2007s is short at best. If you're looking at a 2008, the only pricing I've seen is at Fitzmall.com where they're asking anywhere from $1000 under invoice to $700 over invoice. I'm not aware of anyone here who has taken delivery of a 2008 so there are no actual experiences to reference yet.
#1703 of 2193
santa fe ltd awd by donna18
Nov 21, 2007 (12:21 pm)
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Hi,
Trying again to buy Santa Fe Ltd AWD premium pkg.
MSRP 31,110, price they are offering is 26,000 w/rebates but if I choose 1.9% then $28,000. What do you think???? Is it wise to go for the 1.9 or the rebates. This stuff confused the heck out of me. HELP PLEASE.
#1704 of 2193
Re: santa fe ltd awd [donna18] by mpuzach
Nov 21, 2007 (1:05 pm)
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Replying to: donna18 (Nov 21, 2007 12:21 pm)

What's the interest rate if you buy for $26,000? How long are the terms for both loans? What you want to ultimately compare is the total cost of both deals. The only way to do that is to know the interest rates and term lengths associated with both.
#1705 of 2193
Re: santa fe ltd awd [mpuzach] by donna18
Nov 21, 2007 (1:18 pm)
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Replying to: mpuzach (Nov 21, 2007 1:05 pm)

26,000 would be at 1.9% for 63 mths and then if it was $28,000 it would be 6.4 for 63 mths.
#1706 of 2193
Re: santa fe ltd awd [mpuzach] by donna18
Nov 21, 2007 (1:23 pm)
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Replying to: mpuzach (Nov 21, 2007 1:05 pm)

And....is $28,000 too high for that? Do I have room to negotiate further?
#1707 of 2193
Re: santa fe ltd awd [donna18] by mpuzach
Nov 21, 2007 (2:23 pm)
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Replying to: donna18 (Nov 21, 2007 1:23 pm)

And....is $28,000 too high for that? Do I have room to negotiate further?
 
With an M.S.R.P. of $31,110 it has more than just the Premium Package. Does the car you're looking at also have the Touring Package (3rd row seating) and first aid kit? That's the only way I can come up with an M.S.R.P. of $31,110 on a 2007 Santa Fe Limited AWD.
 
Invoice on that car would be $29,204. A purchase price of $28,000 before any applicable rebates is a decent deal although it's quite possible you could get them down another several hundred ($300, perhaps) if you were to try. If you buy at $28,000, you should still get back at least $1000 in rebate (bringing your net purchase price down to $27,000 PLUS tax and registration). If you also qualify for additional rebate money for taking Hyundai-provided financing, that's icing on the cake.
 
Bottom line: Negotiate your purchase price (without rebates) first. That number should be between $1000 and $1500 under invoice (which puts it between $27,700 and $28,200). Add to that your tax and license (both of which are non-negotiable, of course). From that total, subtract all rebates that your deal qualifies for.
 
BTW, on a $28,000 loan for 63 months the difference in payment between 1.9% and 6.4% is $57.
#1708 of 2193
Bad experience @ hyundai of westchester by tonyjambo
Nov 25, 2007 (5:18 pm)
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I was all set this weekend to sign paperwork on a Mazda Tribute when a friend suggested I drive the Santa Fe.
 
Wife and I drove it and loved its quiet somoothness and the dealer pretty much had a sale on his hands - right up until he told me they didnt do leases.
 
This would be fine if the first thing I said when i walked in was I want to LEASE a santa fe for 36 months / 12k miles. I said the word lease about 15 times before this point.
 
When he came back after "running the numbers" he told me he was sorry, he didnt know that there wasnt a lease , but would I consider financing. This is a depicable tactic, or a severely incompetent sales person. I dont believe for a minute that he didnt know they didnt do leases and if he didnt it proved i shouldnt believe anything else he told me as he was clearly not informed as to what he was selling.
 
I wasted close on 2 hours there with my wife and 9 month old daughter ... completely unforgiveable.
 
Does anyone know if hyundai ever have/will offer leases on the santa fe ? I've bought previously but would like to get out of having equity tied up in a car as well as my low mileage rates making a lease more attractive.
 
Thanks
Tony
#1709 of 2193
Re: Bad experience @ hyundai of westchester [tonyjambo] by mpuzach
Nov 25, 2007 (5:37 pm)
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Replying to: tonyjambo (Nov 25, 2007 5:18 pm)

The dealer "doesn't do leases?" I've never heard anything more stupid in my life. I can assure you that this isn't a "Hyundai thing", it's just your dealer. Did you talk to the sales manager about this? What explanation were you given for why they "don't do leases"? If I was in your shoes, I'd just go to a different dealer.

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