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47986 messages,  Last post on Nov 29, 2009 at 3:38 PM

You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester

What is this discussion about? Car Buying


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#37928 of 47986
Re: More for the list.. [snakeweasel] by joel0622
Jan 13, 2009 (8:15 am)
Reply

Replying to: snakeweasel (Jan 12, 2009 6:10 pm)

Wouldn't it matter how close you were to the bed and how soon after the leak sprung it was when you measured?
#37929 of 47986
Re: Hyundai ad [driver100] by graphicguy
Jan 13, 2009 (8:23 am)
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Replying to: driver100 (Jan 12, 2009 6:47 pm)

driver...I saw the "60 Minute" piece. And, I agreed. It was hard for me to figure out how the "pundits" said that demand was driving up the price (citing China, India, etc). When, in fact, looking at world wide demand, it was decreasing, had been for awhile. We even debated that in these threads.
 
The part that bothers me the most. none of the firms who were knee deep in bidding up the price of oil this past Spring/Summer, would comment. So, Billions of Dollars were bilked out of the public, worldwide. And, no one who was a participant, is willing to comment. Even OPEC said at the time that the run-up was the handiwork of financial institutions.
 
Yet, no one is to blame....no one will take responsibility....no one knows who, or why it happened.
 
Isn't it funny that the current drop in price coincides with a certain TX oil man leaving the White House.
 
BTW, Richard.....I just spied a brand spanking new Black GM on the lot at my nearest LM dealer last night.
#37930 of 47986
Re: Hyundai ad [dino001] by percussionist
Jan 13, 2009 (10:02 am)
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Replying to: dino001 (Jan 13, 2009 7:25 am)

Check your math again.
 
Sorry, I left out that this car has 46,000 miles on it - so the deduction for miles would be $11,500, leaving me with $5500. The Kelley Blue Book TRADE value is $7850, so my math was off, but it's still not a great deal.
 
What I mean is, I could trade it in or even outright sell this car to a dealer and get more money than this offer. Just sharing the fine print.
#37931 of 47986
Re: Hyundai ad [percussionist] by golic
Jan 13, 2009 (10:23 am)
Reply

Replying to: percussionist (Jan 13, 2009 10:02 am)

From what I read of the "fine print" Hyundai's offer covers up to $7,500 of negative equity. Which this figure was cited as the "typical" first year depreciation value.
 
It appears when you bring back the car, they will value it, subtract what is due and if it is within $7,500 you can walk away. Not sure what happens if you are over that amount.
 
So, obviously the amount of the down payment/trade-in and the loan terms will play a significant factor in this deal.
 
However, I do commend Hyundai for this marketing campaign. They didn't bring out 0%, rebates, employee pricing, employee pricing Plus PLUS...its unique and plays to the concerns of many people who may have hesitated getting into the car market.
 
Kudos to them.
#37932 of 47986
Re: Hyundai ad [golic] by percussionist
Jan 13, 2009 (10:30 am)
Reply

Replying to: golic (Jan 13, 2009 10:23 am)

However, I do commend Hyundai for this marketing campaign.
 
One thing I left out earlier, they are making great cars! Every time I receive the buyback offer in the mail, I laugh and throw it out because we love this car so much and do not ever wish to part with it. It will make us very sad someday when it is no longer ours.
 
I hope the marketing campaign will earn them more business and they can sell more cars. I hope every other automaker will also sell more cars and our sales professionals here will get many great deals and wonderful customers!
#37933 of 47986
Re: Hyundai ad [graphicguy] by richard64
Jan 13, 2009 (10:33 am)
Reply

Replying to: graphicguy (Jan 13, 2009 8:23 am)

Thanks, but I'm not so desperate as to drive to Ohio to see it.
 
Richard
#37934 of 47986
Re: Hyundai ad [percussionist] by dino001
Jan 13, 2009 (11:17 am)
Reply

Replying to: percussionist (Jan 13, 2009 10:02 am)

Of course, but your case is somewhat extreme - barely 2 year old car with 46 thousand miles. The offer is geared towards regular folks with regular mileage - and for those people it would actually be a decent deal.
#37935 of 47986
Re: Hyundai ad [graphicguy] by oldfarmer50
Jan 13, 2009 (2:58 pm)
Reply

Replying to: graphicguy (Jan 13, 2009 8:23 am)

"...Isn't it funny that the current drop in price coincides with a certain TX oil man leaving the White House..."
 
While no fan of that oil man I'm not sure he's the whole story. The 60 minutes piece mentioned that the oil speculation started with Enron at the end of the reign of the man who felt your pain. Most of our political leaders are bought and paid for. The current mess is the result.
 
I try to resist becoming a "true believer" for either side.
 
I just hope that our domestic auto industry can come out of the position that our leaders have put it in.
#37936 of 47986
Re: Hyundai ad [richard64] by jmonroe
Jan 13, 2009 (4:56 pm)
Reply

Replying to: richard64 (Jan 13, 2009 10:33 am)

Thanks, but I'm not so desperate as to drive to Ohio to see it.
 
Talk nice to the guy. He has a drivers license and likes to drive. You could end up having a Grand Marquis delivered with some gently driven highway-broken-in-miles for just a bed and breakfast and a Greyhound ticket to get him home.
 
jmonroe
#37937 of 47986
Re: Hyundai ad [dino001] by snakeweasel
Jan 13, 2009 (5:22 pm)
Reply

Replying to: dino001 (Jan 13, 2009 7:25 am)

Check your math again.
 
I did the math on my Elantra, at $17K less 25 cents a mile I would owe them almost $23K.

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