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Hyundai Santa Fe Prices Paid and Buying Experience

2628 messages,  Last post on Nov 21, 2009 at 9:42 AM

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What is this discussion about? Hyundai Santa Fe, SUV


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#2267 of 2628
Price paid for 08 GLS FWD automatic by skylesjk
Jan 12, 2009 (9:25 am)
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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.
#2268 of 2628
Concerning rebates by skylesjk
Jan 12, 2009 (9:45 am)
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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.
#2269 of 2628
Re: Price paid for 08 GLS FWD automatic [skylesjk] by bcohn21
Jan 12, 2009 (4:09 pm)
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Replying to: skylesjk (Jan 12, 2009 9:25 am)

We got a rate of 4.7 through Bank of America. The dealer got us that rate. My wife and I do all of our banking there so that helped us. Because we did not finance through Hyundai we got an extra $1000. This was a month ago.
#2270 of 2628
Re: 2009 Santa Fe [oscar_gata] by tpfilm1
Jan 12, 2009 (10:43 pm)
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Replying to: oscar_gata (Dec 09, 2008 9:54 am)

HMMA has been producing 2009 Santa Fes since late summer. Well, actually, they have been building about 5 Sonatas to 1 Santa. The '09s are on storage lots across central AL and in central, eastern GA. For some unknown reason they aren't releasing them yet. HMMA will begin building test 2010 Sonatas and Santa Fes in the next month or so. They began retooling one line in late November to the specifics needed for the 2010 models. They will then stop production of the '09s in May, retool the 2nd line and begin producing 2010s for consumers. So, the '09 build year will be the same, just the time out to public will be short. Of course, there's also supposed to be hybrid versions for 2010 Sonata and, I think, 2011 Santa...
#2271 of 2628
Re: 2008 Santa Fe Limited FWD service loaner - a good deal? [slateblue] by cmcjenkin
Jan 13, 2009 (7:03 am)
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Replying to: slateblue (Sep 16, 2008 12:53 pm)

In a reputable Hyundai dealer a service loaner is actually a new vehicle used by service to provide to service customers. Its a program by Hyundai that allows the dealer to offer a complimentary vehicle to service customers. As opposed to a rental car that the customer pays for like most Toyota dealers do. In order to participate in the program the Hyundai dealer has to keep the unit in service loaner status for a minimum of 4 months. Sometimes due to circumstances they end up in service loaner longer - driving up the miles.
 
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.
#2272 of 2628
Re: Looking to purchase 2008 Santa Fe AWD Limited Package [cschneider3] by c2008
Jan 16, 2009 (1:15 pm)
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Replying to: cschneider3 (Dec 05, 2008 6:32 am)

Hi, Did you purchase a Santa Fe? I am in Twin Cities and thinking to buy one. Can you share your experience? Thanks.
#2273 of 2628
where I bought my car by oregonmastiff
Jan 16, 2009 (1:20 pm)
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we bought our car in Greshem, Or ...I love the car..its a deal.
#2274 of 2628
Re: 2008 Santa Fe Limited FWD service loaner - a good deal? [cmcjenkin] by slateblue
Jan 17, 2009 (7:19 am)
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Replying to: cmcjenkin (Jan 13, 2009 7:03 am)

Well, the car has 8,000 miles on it which is more than a few and like I said it is a used car. Just because the dealer never titled it hardly qualifies it is brand new, with or without any warranty or sales incentives. That's 8,000 miles of tire, brake and other overall wear and tear and don't think that all those miles are put on as a "service loaner".
#2275 of 2628
Re: 2008 Santa Fe Limited FWD service loaner - a good deal? [slateblue] by cmcjenkin
Jan 17, 2009 (7:58 am)
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Replying to: slateblue (Jan 17, 2009 7:19 am)

Two points here...
 
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.
#2276 of 2628
Re: 2008 Santa Fe Limited FWD service loaner - a good deal? [cmcjenkin] by slateblue
Jan 17, 2009 (12:02 pm)
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Replying to: cmcjenkin (Jan 17, 2009 7:58 am)

Spoken as a true Hyundai associate. This car was "used" by the dealer for 8,000 miles which are applied against the overall warrenty and offered at an inflated price. The point being it was not a good deal then and is not a good deal now as another poster also pointed out. Hyundai warranty or not.

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