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Hyundai Santa Fe Prices Paid and Buying Experience

2635 messages, Last post on Nov 28, 2009 at 3:41 PM
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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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Replying to: davesuv (Nov 04, 2006 6:24 am) You may also want to check out the following website: http://www.carbuyingtips.com... Lot's of information on dealership tricks of the trade and how to avoid them. - Frank.
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Replying to: santafeowner (Nov 04, 2006 10:44 am) |
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Replying to: wa0wa (Nov 04, 2006 12:32 pm) Read the fine print on Edmunds pricing and you would know that. Don't worry about TDA or holdbacks. Get the price down to $800 or more below dealer invoice. Use Fitzmall pricing as a tool. There are even two on EBAY!!! |
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Replying to: 07xle (Nov 04, 2006 2:22 pm) |
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Replying to: dell06 (Nov 03, 2006 6:59 pm) I too tried to buy a Santa Fe at the Folsom dealer last year from the internet sales person. I asked that they match the ad price of a bay area dealer, they wouldn't. So I bought the vehicle from the Florin Road dealer that did match the price. Later the Folsom dealer called me to see if I was still interested, I adv them too late. |
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I finally did it! Tried to go in to the 2 dealerships in town but couldn't stand the haggling then last week I followed the advise on the boards-went through the internet only responded through emails--and one of the dealerships here had a really good internet sales dept. The sales guy emailed and called but I only responded through emails. I initially wanted a dark cherry red awd with limited and touring but he called when they got a black on black one with all options I wanted. Emailed him back that I did not want black. A few days later came back and said they had a Khaki Se FWD with 3nd row and emailed a pic. Drove by the dealership and saw the black one (he had already quoted a price in an email) emailed and set an appt. for yesterday. Tried to get the price down a bit more but he insisted he had given us the best price (internet price a lot better than walking into the dealership cold turkey). I've seen a few better prices on this board but I feel we got a good deal. Black on Black/AWD/Premium and Touring with the upgraded trailer prep pkg/ $28983.00 He included (had to order) the floor mats because he said it was ridicules that a $30,000 car does not come with them. If you have a Costco Membership and your going to finance the car go through there website and apply through Capital One. I got 5.9 % on a 60 mo. which is .30% cheaper than going straight through Capital One. We will pay off the car in 20 mos. but I like having a cushion. Can I tell you how much I love this car!!! I call it my Lexus knockoff. Initially I was leary about Black because of the upkeep but it is gorgeous! We were going to wait and drive the Mitsubishi Outlander but the styling of the Santa Fe won us over. My husband went to the grocery store last night and someone said "Awesome Car!" And he said "Ya, not bad for a Hyundai!" And the guy was like "that's a Hyundai--I thought it was a Lexus."
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Replying to: lulu585 (Nov 05, 2006 11:02 am) |
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Replying to: santafeowner (Nov 02, 2006 11:31 am)
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