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Hyundai Santa Fe Prices Paid and Buying Experience

2641 messages,  Last post on Dec 08, 2009 at 1:12 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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#400 of 2641
Re: Looking for deal in Michigan [ergsum] by davesuv
Nov 01, 2006 (5:10 pm)
Reply

Replying to: ergsum (Oct 30, 2006 5:00 pm)

I live near Toledo, and in the process of looking for the color/feature set I wanted (Dark Cherry Red with Beige interior SF Limited AWD with Premium and Touring Packages), checked out some Detroit Hyundai dealers. Glassman Hyundai in Southfield seems to have the largest stock of 2007 Santa Fe's. They have a nice web site so you can look to see what they have on their lot. Thayer Hyundai in Livonia ended up getting in exactly what I wanted. They traded it to my local Toledo Hyundai dealer so I could buy locally. Not many dealers are willing to trade like this. I also visited the Ann Arbor Hyundai dealer. Nice people, but I preferred to buy locally.
 
As far as a good deal, I think the best thing to do is to contact your dealer(s) of choice via internet. Tell them exactly what configuration and color you want and have them give you a quote for "out the door price". Make sure the quote includes all the details of exactly what you are getting. You can then visit your first choice dealer and decide if you want to negotiate or if you think their price is fair. I thought my dealer offered a fair price.
 
I had to wait a month for my Santa Fe. It was well worth the wait. I absolutely love it!
#401 of 2641
Re: Costco Buying Program [sirvagabond] by rbautista
Nov 02, 2006 (6:50 am)
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Replying to: sirvagabond (Nov 01, 2006 2:14 pm)

Chicago, IL
#402 of 2641
Re: Looking for deal in Michigan [davesuv] by santafeowner
Nov 02, 2006 (7:15 am)
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Replying to: davesuv (Nov 01, 2006 5:10 pm)

davesuv, your comment about contacting dealers via the internet is spot on! I negotiated the purchase of our Santa Fe in this way, sending emails back and forth over the course of several days with three dealers before making my decision. Before I even stepped foot into the showroom, I had already worked out my OTD price with their internet team.
 
BTW, you said you purchased an AWD Limited with Premium & Touring package... Would you mind sharing your OTD price?
 
- Frank.
#403 of 2641
Re: Looking for deal in Michigan [santafeowner] by davesuv
Nov 02, 2006 (8:29 am)
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Replying to: santafeowner (Nov 02, 2006 7:15 am)

My OTD price including everything except sales tax was $29,179. This was for a 2007 Santa Fe Limited AWD with Premium and Touring packages plus floor mats. Dark Cherry Red with beige leather interior.
 
I've seen several lower prices paid here, but I'm happy with my deal. It represents a fair markup for the dealer, who is not a particularly large Hyundai dealership. This was the price they quoted me via email.
#404 of 2641
$800 under Dealer Invoice - All Models/Options by 07xle
Nov 02, 2006 (10:35 am)
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Fitzmall.
 
Check their pricing and inventory online.
 
If you can't get one for these prices or lower then you are throwing money away!
#405 of 2641
Re: $800 under Dealer Invoice - All Models/Options [07xle] by santafeowner
Nov 02, 2006 (11:31 am)
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Replying to: 07xle (Nov 02, 2006 10:35 am)

Then I guess I made out all right . Fitzmall's site shows an "Internet Delivered" price of $28,104 (exclusive of tax, tags, title & optional $99 dealer processing charge) for an AWD Limited with both the Touring & Premium pkgs
(Fitz Auto Mall Santa Fe AWD Limited).
 
I paid $27,777.57 (before NJ tax, tags & title...$30,074 after) for mine.
 
- Frank.
#406 of 2641
Re: $800 under Dealer Invoice - All Models/Options [santafeowner] by 07xle
Nov 02, 2006 (12:08 pm)
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Replying to: santafeowner (Nov 02, 2006 11:31 am)

Great shopping!!!
#407 of 2641
getting riped off in sacramento by dell06
Nov 03, 2006 (6:59 pm)
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I was out at Peoples Hyundai in Folsom Calif and they were trying to sell me a awd Santa Fe for 33000 they were telling me no one can get one at invoice. Best we can do is 2000 over msp because the SUV sell's it self. I showed them my driver license to prove to them I was"t born yesterday.
#409 of 2641
Re: 2007 Santa Fe Lmited - $400 over invoice - No Fees [rgurnsey] by davesuv
Nov 04, 2006 (6:24 am)
Reply

You can easily see the invoice prices using Edmunds.com at 2007 Santa Fe . Invoice prices are also available at multiple other sites on the internet and I've found they all pretty much are identical.
 
Although I don't claim extensive knowledge on dealer finances, it is my understanding that the dealer will receive a monthly rebate from Hyundai for each car it sells. This is called the "holdback" and can vary depending on the volume of cars the dealer sells and on the particular model. Hyundai can alter these holdbacks to provide incentive for dealers to push specific car sales. The actual net cost of the car to the dealer is therefore usually at least $500 to $1500 less than the invoice price. That's why dealers can sometimes afford to sell below the invoice price. If anyone has more information or corrections on this holdback concept, please step in. I think the dealers and manufacturers try to keep this detailed information confidential and I have no idea what the actual holdback is for the 2007 Santa Fe.

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