Want to get a 2007 Santa Fe

  • Thread starter Thread starter zhangyufei
  • Start date Start date
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zhangyufei

hey everyone:

I'm about to get a new 2007 Santa Fe. But I'm totally new to the auto
market in the United States. I have some questions about the cars and
Hyundai dealerships.

1. do I get big discount on price if I pay cash on the car?

2. For the warranty, does it usually include maintenance? If it
doesn't, what's the cost for regular maintenance?

3.Does the warranty still valid if I move to another state?

4.What's the price range for Santa Fe se now?

Thanks so much !

Leo
 
Just to go a step further: You don't get any discount on a car if you
pay cash because dealerships often make a lot of money on the
financing deals through:

1) hundreds in kickbacks from the loan originator for sending the loan
their way

2) slight-of-hand tricks that allow them to inflate the purchase price
-- when they're negotiating with the customer they will often talk in
terms of monthly payments, and the customer often won't be able to
convert that in their head to a purchase price.

Make sure you read http://www.edmunds.com/advice/buying/articles/42962/article.html
before you buy a new car.

-Matthew
 
2) slight-of-hand tricks that allow them to inflate the purchase price
-- when they're negotiating with the customer they will often talk in
terms of monthly payments, and the customer often won't be able to
convert that in their head to a purchase price.
Click to expand...

To be fair - that's a consumer problem not a dealer problem. There's no
slight of hand there at all. Most consumers don't care what the car costs,
they only care about the monthly payment. Hell - they don't even care about
the interest rate which is the biggest determining factor in total cost. If
the customer cannot figure out what monthly payments translate to then they
deserve to get screwed. Tell me a state that does not have a truth in
lending law that requires complete disclosure of terms for a car purchase.
Anyone too lazy to simply read what's there gets no sympathy from me.
 
Thanks everyone's post!

I'm an accounting and finance double major. I agree majority of the
people don't know anything about interest rate and how the monthly
payment are calculated. There are tons of the software people can
downloaded online and calculate the monthly payment with desirable
rate.
 
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