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Hyundai Santa Fe Prices Paid and Buying Experience

2638 messages,  Last post on Dec 07, 2009 at 7:40 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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#1949 of 2638
Re: Pricing differences in 2008 Santa Fe [newbie79] by denvertrakker
Apr 16, 2008 (2:29 pm)
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Replying to: newbie79 (Apr 16, 2008 1:28 pm)

Well, it's not exactly that they're priced lower - It's just that you may find a dealer is more willing to deal and offer a lower price on a vehicle that's been sitting on his lot for a while. The "holdback" is intended to compensate the dealer for finance charges while the car sits...but after a while, that's used up. Of course, I would expect a car that didn't have XM (that would be REALLY old) to be less also.
 
The flip side of this is that, with car sales in the dumper anyway, you should be able to get an exceptional price on ANY SF. Let's see...gas on its way to $4 a gallon, big heavy vehicle that struggles to break 20 MPG, Hmmmmm.....
 
(Disclaimer: I got a great deal, and I love the car. I took the mileage ratings into account, but after three weeks I've never gotten less than 22.5 MPG. But I live in a rural area, with mostly highway miles. A traffic jam is a farmer on a tractor.)
#1950 of 2638
Re: Pricing differences in 2008 Santa Fe [denvertrakker] by newbie79
Apr 16, 2008 (3:08 pm)
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Replying to: denvertrakker (Apr 16, 2008 2:29 pm)

Oh, so there are 2008 models without XM radio?
 
What do you think of this deal:
 
2008 Santa Fe AWD SE - no options, no additonal packages for $23,079 (after rebate)? This is their first offer - listed on their website.
#1951 of 2638
Re: dealership dealings [newbie79] by slateblue
Apr 16, 2008 (4:00 pm)
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Replying to: newbie79 (Apr 16, 2008 12:19 pm)

Sometimes the manufacturer increases prices incremently as their costs go up, compare sticker prices to see if that has happened. In the 2007 model year Hyundai made running production changes that added XM radio and added door activated map lighting and the price was increased. Destination charge also increased. Date of manufacture is shown on the inside of the driver door jamb. As someone stated dealers are motivated to move cars that have been on their lots for awhile.
 
XM radio is standard on all 2008 Santa Fe's, any without are early 2007 models.(check the mfg date!) Look over any new car you consider carefully, it should have no wear and tear.
#1952 of 2638
Re: Pricing differences in 2008 Santa Fe [newbie79] by denvertrakker
Apr 16, 2008 (4:32 pm)
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Replying to: newbie79 (Apr 16, 2008 3:08 pm)

I think you can do better. I paid 24,199 for my car, WITH premium package, floor mats, roof rails, wheel locks and cargo tray. If you back all of that out of what I paid, my price for what you're looking at would have been approximately 22,123. Make 'em sweat.
#1953 of 2638
I love this forum ... by newbie79
Apr 16, 2008 (8:03 pm)
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Thank you all for being so helpful. I wish I could bake everyone cookies, lol.
 
 
 
#1954 of 2638
Financing Question by newbie79
Apr 16, 2008 (8:05 pm)
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If I offer to pay for my vehicle in one lump sum, will this provide more room to negotiate?
 
One person told me that dealerships often like it when customers take on financing because they can make money off them. However, another person told me that paying off a vehicle in one lump sum will help you negotiate a lower price.
 
Thoughts?
 
Thanks
#1955 of 2638
Re: Financing Question [newbie79] by slateblue
Apr 17, 2008 (4:49 am)
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Replying to: newbie79 (Apr 16, 2008 8:05 pm)

It would be best to have preapproved financing in place before you buy. If the dealer offers a better rate you can go with him, just understand the terms. The dealer makes money off the loan if you finance thru him. If the dealer gets the impression you will finance thru him he may give you a lower price on the car but make it up on the finance charges you pay. A 'lump sum' payment will have no efffect on the price.
#1956 of 2638
Re: Pricing differences in 2008 Santa Fe [newbie79] by buco
Apr 17, 2008 (6:36 am)
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Replying to: newbie79 (Apr 16, 2008 3:08 pm)

As an ordinary buyer after owning my Dodge minivan for over 10 years and wanting something smaller and more economical ... I have spent 4 months on my research in person, in publications, and on the internet.
 
My buying experience (2 Plymouths, a Ford station wagon, a VW camper, a Triumph TR-3, a Volvo sedan, a Datsun coupe, a Dodge pickup, and finally the minivan) and my own personal OPINION ... Comparing many different manufacturers and models, my final choice based upon my needs, safety, gas consumption, dealership quality, and price came down to the base models of Santa Fe, CRV, and the Malibu.
 
On needs and safety: all three were equal.
 
On gas: the Santa Fe = 18/24; the CRV = 20/24/; the Malibu LS = 22/30.
 
On vehicle reliability: Honda CRV, the new Malibu, really last the Santa Fe
 
On dealership quality: 0-10 the CRV = 0; the Santa Fe = 3; the Malibu = 9
 
On price: the Malibu LS no options = OTD was $20,084; the CRV and Santa Fe at least $5,000 more and much more depending upon the dealership... up to over $30,000 on a Toyota Camry Hybrid.
 
Costco Auto Program (which I was informed is not owned by Costco but by an advertising company paid for by the dealerships) was even more expensive and ineffective than direct dealer negotiations.
 
I would not have thought to even consider a Chevrolet Malibu, but the news all over the internet was amazingly positive. With Detroit suffering and the global financial markets so dangerous, parts and costs from overseas may not remain stable in the future. And then I know it may sound irrelevant, but I decided to support a USA company... and really from my own logic.
 
The Malibu in my choice of color was on the lot for just hours after delivery and with only 2 miles on it; manufactured in March 2008; the dealership has been in the same family here for over 40 years and is directly involved with the company.
 
The wife runs the service department and her son runs another department. The receptionist has been there over 30 years. The entire staff that I had to deal with were very, very courteous, cooperative, and knowledgeable... in outrageously sharp contrast to other dealerships and the reputation of car dealers.
 
None of my extended family nor I had ever bought a vehicle from this Chevrolet dealership (and in fact my mother's Impala was the only Chevy [from Chicago] we ever owned), but knew of the local Chevrolet's reputation. No wonder this dealership has been in business for so long... in an extremely rapidly growing community of developers' gated homes and with frequent loss of every kind of business ownership here, I think I have made a wise choice.
 
I hope others will share honestly and completely on this website so that vehicle buying can be made much less time-consuming, equal in price, and transparent. Hopefully Edmunds, Consumer Reports, etc independence increasing in the future will cause consumers to know and demand an end to the present "carnival circus like" market place that now exists. All you folks out there, please keep the pressure on to help build a better environment for vehicle retail purchasing so when I hopefully return to the market in 10 more years buying will be easier and fairer to all.
 
My best regards to everyone.
#1957 of 2638
Thank you all :) by newbie79
Apr 17, 2008 (10:17 am)
Reply
I have secured a pretty nifty deal. I won't disclose til all is final but I just have to say the members of this friendly and informative forum have helped a lot
 
One more question about financing.
 
I would like to purchase the vehicle via credit card to earn points. I do have enough money to back up the purchase but don't see the benefit of simply writing the dealership a check.
 
Anyone know how I can go about this? Do I call the credit card company to temporarily up my limit?
#1958 of 2638
Re: Thank you all :) [newbie79] by kyfdx HOST
Apr 17, 2008 (10:58 am)
Reply

Replying to: newbie79 (Apr 17, 2008 10:17 am)

Most dealers have a limit on how much they will take on a credit card, towards a vehicle purchase...
 
It's usually $2000-$5000 max...

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