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Hyundai Santa Fe Prices Paid and Buying Experience

2631 messages,  Last post on Nov 27, 2009 at 10:08 AM

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What is this discussion about? Hyundai Santa Fe, SUV


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#2249 of 2631
Re: [houstonhyundai] by zhgh71
Dec 28, 2008 (10:44 am)
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Replying to: houstonhyundai (Dec 28, 2008 6:29 am)

Thanks Houstonhyundai. Is the price of 21200 a drive out price? Does it include down payment? How much do you pay for it totally, including down payment, TTL, trade in?
#2250 of 2631
2008 Santa Fe Limited purchase by deecee60
Dec 30, 2008 (2:23 pm)
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Hi
12/23/08 I closed on a 2008 Santa Fe Limited AWD. My out the door cash price was $27707. My only options were mud flaps and the back up sensor ( probably the same one used on a Sonata -$325) I believe excluding tax, tag and title my price was $25900. I bought this using my Costco Executive membership ($1000 below invoice, and $3500 rebate. I also received a $50 gift certificate from Costco to be used at the dealership for future services or accessories. My wife is very happy with her Christmas present. I enjoyed the no haggle price I received. This is the second vehicle (Honda Ridgeline) I have bought using the Costco service.
#2251 of 2631
08 Santa Fe Limited by emmers82
Dec 30, 2008 (10:04 pm)
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FWD
Black exterior
Tan Leather
Navigation
Tow Pkg
flaps, matts, cargo pad
6 Oil change/tune ups
 
$26,601 OTD (about $2,500 in tax/dmv)
3.9% finance + $2K down + $3000 rebate
 
We used info from edmunds and the consumer reports 'New Car Pricing Report' and confirmed that even after dealer holdback the dealer lost about $700 +/-
 
I don't feel bad b/c I know they're making money on volume. And we saw another couple there who wanted our car (they only had one with Nav on the lot). I saw their salesman offer them 3.5K off MSRP to order them what they wanted, and they jumped for joy...suckers. If they hadn't been giving us evil eyes for taking 'their' car, I'd have filled them in on the $24K they should be negotiation up from and given them the Consumer Reports wholesale pricing guide. But it's water off my back...dealership can afford to make me happy and them, right?
 
Anyway, we had a great salesman, very friendly and honest from the start. This dealer pays the salesmen the same despite your cost, so they're up for working for you. He was pretty happy with my deal, I think (for me, that is). It was only the trade-in that I really had to work the dealer on. In the end, I got what I wanted (another loss for him, probably), but they just need to move anything, and I know this.
This was Roseville Hyundai. I have looked at this dealership in the past and had awful experiences with sales people (one cussed at me as I walked out!), so I was hesitant to return, but this gentleman was a pleasure! I'd send my own mother to him.
 
Thanks to those who have assisted me by posting earlier, so I hope this pays it forward. Let me know if you have any questions.
Blessings, Emily
#2252 of 2631
08 Santa Fe GLS by bcohn21
Jan 01, 2009 (2:14 pm)
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I needed to dump my 05 Jeep Grand Cherokee. It had 91,500 miles on it, a big dent in the front, needed a rear brake job, had a rebuilt tranny and the extended warranty had expired. I knew I was going to put in between 4 and 5k worth the work within the next year.
 
3 weeks ago we went to a Hyundai dealer here in CT to look at the 08 Santa Fe's since there were good rebates from Hyundai and the interest rates were real low to finance. Mind you I had called about 5 dealerships to get pricing on the Santa Fe before we went to the dealership near our home. One dealership quoted me $20,345 for a basic AWD. They were far away in distance. I used that price as the bargaining chip when I went to the dealer.
 
So my wife and I were walking the lot and were approached by a salesman. It was the same salesperson that we dealt with when we were there 14 months earlier (I didn't buy then). He said he could do $1 dollar below invoice. I cut to the chase and said point blank that he would need to beat $20,345 for an AWD 08 Santa Fe and I don't want to take a bath in trade for my car (Even though I knew I was going to take some sort of a loss). He laughed at first. When we were walking away he yelled "we can go talk to the sales manager". So we did. The sales manager went through his inventory log and said he had a few Santa Fe's and could do around $22,000 for one that had an upgraded package. This price included a rebate. So we sat down at the salespersons desk and he went through the shpeal. He said he wanted to make a copy of the registration of my trade. I said that we were going to leave and grab lunch and that we would talk it over. He then said when we got back all we would have to do is sign and the car was ours. I FELT DIRTY. Like I was being sleized by car salesman.
 
So after lunch I called the salesperson back and said thanks for your help but we're going to check out the dealership that offered $20,345. The salesperson put me on hold and the sales manager picked up. I told him I thought I was being sleized and I was going to the other dealership. I also said I was not "WOWED". That seemed to work. All of a sudden there was a little bit more money in rebates, a mysterious low financing rate with Bank of America, which allowed them to give us more $$ off. We ended up purchased the vehicle for about $21,000 plus a few services. I think the final price might have been $20,700. My wife is the numbers person and knew once we cut through the B.S. we got a decent deal. I think she said we needed to sign and escape quietly. I always feel that you never win with a car dealership . I did lose on the Jeep but not that much. I love the Santa Fe and recommend it.
#2253 of 2631
08 Santa Fe GLS - Part 2 by bcohn21
Jan 01, 2009 (2:17 pm)
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I forgot to mention the MSRP was $25,515. The final price I mentioned was not out the door. That was around another $2k.
#2254 of 2631
Re: 08 Santa Fe GLS - Part 2 [bcohn21] by rjr2565
Jan 02, 2009 (12:47 pm)
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Replying to: bcohn21 (Jan 01, 2009 2:17 pm)

I'm a little confused by those number's. Did you pay $22,000 for 08 Santa Fe with a MSRP of $25,515? I hope that's not the case because that would be a good deal for the dealer.
#2255 of 2631
Re: 08 Santa Fe GLS - Part 2 [rjr2565] by bcohn21
Jan 02, 2009 (2:38 pm)
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Replying to: rjr2565 (Jan 02, 2009 12:47 pm)

No we paid about $20,500. How much should I have paid? It's an AWD with an upgraded package.
#2256 of 2631
Re: 08 Santa Fe Limited [emmers82] by srz948
Jan 03, 2009 (6:29 am)
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Replying to: emmers82 (Dec 30, 2008 10:04 pm)

Just a little curious about 2 items in your post. You say you confirmed that the dealer lost $700 on your sale but you don't feel bad because they make it up on volume. Doesn't that mean the more they sell the more they lose? Also you say the salesman gets paid the same no matter what price the car is sold for. I personally have never encountered a car dealership that is not commission incentivised. Still, sounds like you got a great deal. Just my 2 cents.
#2257 of 2631
Re: 08 Santa Fe Limited [srz948] by oregonmastiff
Jan 03, 2009 (8:27 am)
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Replying to: srz948 (Jan 03, 2009 6:29 am)

Allow me to chime in...we got a SF Limited for a STEAL...the dealer lost over $1,000 on the sale of THAT car, but as the manager explaiend to me, it was the last day of the month and I was the last customer, and if I bought the car, the the dealer would meet the next level of sales volume in their agreement with Hyundai, which kicks in an incentive for each car the dealer sold that month. I knew this going in, and I called every dealer in the NW to find one that would match my very low-ball price. I had to drive three hrs, but it was worth it, and the dealer by my house could not even come close.
#2258 of 2631
Re: 08 Santa Fe Limited [srz948] by bcohn21
Jan 03, 2009 (11:24 am)
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Replying to: srz948 (Jan 03, 2009 6:29 am)

I don't think the dealer made anything on me. We were going to hold out until the last day of December, however, my tranny on my Jeep was slipping so I needed to dump it. It was a 05 Grand Cherokee with 91,300 miles. That's a lot of miles for an 05. The funny thing is I thought the dealer was going to send it to the auction. They never did. It is sitting on their used lot for sale. It has a nice dent in the front. They never did the body work so they are selling an SUV with a dent, a rebuilt tranny that is about to go, and it also needs a rear brake job. They are selling it for $10,900. At the end of the day they will find some sucker who will buy it.
 
I knew going in I was going to take a loss but it was not a huge one. The MSRP of my vehicle was $25,500. Invoice was probably around $24,700 and with rebates and a little haggling we paid $20,700. The dealer broke even.

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