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Purchasing Strategies - Questions & Success Stories

3884 messages, Last post on Apr 08, 2009 at 1:08 PM
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You tell me good or bad deal: 2008 Hyundai Limited Edition 4Door AWD MSRP 30875 My out the door 26715 2,000 on trade in; 3500 cash back 72 Month term; 7.5%; 472 a month. Cars Direct Target Price - 25885 (27696.25 with tax |
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Replying to: ersula (Aug 15, 2008 9:20 am)
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Replying to: jipster (Aug 15, 2008 9:39 am) |
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Replying to: ersula (Aug 15, 2008 9:20 am) For one, you need to leave the amount you got for your trade-in out of the equation, which means you really paid $28,715 for the vehicle. If it's a Santa Fe, then invoice is around $29,000. After cash back the price would be $25,550. Add your 7% tax and it comes to $27,338. So it looks like you paid about $1400 more than you needed to. The 2009 models are out and the market for SUVs is soft, so I don't think you'd have any problem buying that vehicle at invoice.
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Replying to: mattgg1 (Aug 15, 2008 12:25 pm) |
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Replying to: mattgg1 (Aug 15, 2008 12:25 pm) $25550 plus ($29k *.07) = $27580 |
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If you must have a Hyundai you might look for a slightly used one. Few cars depreciate faster than the Korean makes do.
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Replying to: isellhondas (Aug 16, 2008 2:21 pm) You couldn't tell that by the prices the bandits near me charge. Usually 2K higher than KBB dealer retail. They must figure that people around here are too stupid to know the difference between Korea and Japan.
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Replying to: oldfarmer50 (Aug 16, 2008 3:20 pm)
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