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Hyundai Santa Fe Prices Paid and Buying Experience

2608 messages, Last post on Nov 07, 2009 at 1:59 PM
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I'm in North Carolina and just bought a new 2008 Santa Fe GLS FWD automatic with mats, cargo net, mudguards and wheel locks for 18,500 out the door price. That included state sales taxs, tag fees and title fees. I had no trade in. My experience with the car and the whole buying process was fine. When you are negotiating I would recommend specfically saying that you want "out the door" prices quoted. When I went in I did not and he quoted me a very low number which was great but then there was a "dealer fee" tacked on on the end. This is just a tactic to get you to come back by having a very low price quoted. And don't fall for the stupid visor tags that claim you can buy the car for 13,000. All that means is that you can buy the car for 13,000 with a 7000 dollar down payment or trade in. The only time I was going to walk out the door was when the finace guy gave me a "great interest rate at 6.8 %". I told him he was nuts. I did not bother to get pre approval from the bank but you can get 5% easily from the bank with good credit. he dropped the rate to 5.5 and took 300 off the price to bring it to an equivilant rate of 5%. I did not include the 300 off in the price I paid b/c you should be able to get 5% from anyone. Point is don't take their intrest rate if it's over 5% and you have good credit. I don't know if I got a good price but I was happy with it.
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| The rebate when I bought the car on Jan 10th was $2500 on the 08 and the "assurance" program (i.e. can return car if lose job or life) was also extended to at least the new 08 models. | |
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Replying to: skylesjk (Jan 12, 2009 9:25 am) |
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Replying to: oscar_gata (Dec 09, 2008 9:54 am) |
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Replying to: slateblue (Sep 16, 2008 12:53 pm) A used Hyundai loses the 10 year / 100,000 mile powertrain warranty. Since a service loaner is still new, it retains the 10 / 100 warranty. It may have miles, but it has never been titled so it is still a new car and still gets most new car financing and incentives. Some peope prefer a new car with few miles, I do. But for some folks buying a Santa Fe with a few thousand miles and a deep discount is their definition of a good deal.
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Replying to: cschneider3 (Dec 05, 2008 6:32 am) |
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| we bought our car in Greshem, Or ...I love the car..its a deal. | |
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Replying to: cmcjenkin (Jan 13, 2009 7:03 am)
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Replying to: slateblue (Jan 17, 2009 7:19 am) The "Service Loaner" is actually a Hyundai program. It’s not a title the dealer made up to fool a customer as you implied earlier. It’s a program for offering complimentary vehicles (as opposed to charging for rental cars) that requires us to keep a vehicle in service loaner status for a minimum of 4 months. Then we can turn it over; order a new group of loaners. Sometimes, depending on conditions that are usually out of our control, we are forced to keep cars in loaner status too long. We just discount it further. We tend to turn out loaners at 3K to 4K miles. Any wear and tear has been discounted out of the vehicle. "New" and "Used" is quite significant in the Hyundai business since a truly used (previously titled) Hyundai loses the 10 year / 100,000 mile power train warranty. The second owner doesn’t get the 10 / 100. So being un-titled is quite beneficial to the buyer. With most other makes this is not the case. Any GM, Toyota, Honda, Ford, etc doesn’t really lose anything once the vehicle is titled. The warranty clock starts running - but you don’t lose a huge portion of the warranty. The used Hyundai does - it loses a lot.
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Replying to: cmcjenkin (Jan 17, 2009 7:58 am) |
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