Hyundai Veracruz Prices Paid and Buying Experience

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Comments

  • elvispelvisp Member Posts: 5
    Hi All,

    Just joined the forum, and just bought a Veracruz 2 days ago (9/29/07) in NJ. Bought a 2007 SE AWD only option was floor mats.

    MSRP: $30,525
    Invoice: $28,670

    They showed us the holdback of $745 (don't have the papers in front of me)

    Price: $27,925 (no hold back)
    - $1,000 Rebate

    Paid $26,925 + tax + tags + $109 Doc. prep

    Got $4,800 for the trade (straight book value)

    Deal at $22,125 + t, t, dp

    Got everything at book values.

    How can you get $3800 below invoice? Was there a trade? Customer rebate? Dealer rebate? There must be a reason.

    No dealer would lose money on a new car. The only idea that makes any sense is the last car sold, at the last minute, on the last day of the month/quarter, and the dealer needed just one more to make a quota.
  • selooseloo Member Posts: 606
    Good Question, I suspect there were marketing supports or factory to dealer rebates. You will never know unless you push the issue.

    $1640 below invoice sounds like a fair deal.

    What book value did you use for your trade?

    Thanks
  • posystmposystm Member Posts: 34
    NJ Deal, out of curiosity, what were your NJ Motor Vehicle charges? Were they for a transfer of plates or new? I was told for new it is $350 (4 yr inspection and reg), and only $70 or so for transfer.

    I purchased the same car in FWD last week in NJ for $25096 less the rebate of $1000. I would have gladly paid the extra for AWD though.
  • posystmposystm Member Posts: 34
    Thanks for the input, but I understand that it is very easy to get the rebate. I am pretty sure that the dealership put that $1000 in their pocket and I cannot blame them. They are in the business to make money.

    When I signed the rebate form, they also needed a copy of the reg for my Explorer and were concerned it didnt say Explorer on the reg, so I guess they may need proper documentation for Hyundai to get the rebate.
  • elvispelvisp Member Posts: 5
    I was using Edmunds for all pricing. The salesman actually showed me the site they used for their trade-in values. I don't remember it, but they did say anyone could join for a fee. I'll ask again and post the site when I find out.

    As for registration, I live in PA, so it will be transfered to PA. We also wanted to change the name on the reg. so we are getting new plates. Tags and title are $133.50. I'll have to get it inspected in PA; that we be approx $25.

    Anyone have any problems with the CD player?
  • elmomn15elmomn15 Member Posts: 1
    Best price we could get on 07 SE AWD was $26,900 including the $1,000 rebate. Invoice was $28,800. I thought it should be lower when we were told that it had 1,000 miles on it.
  • jws77jws77 Member Posts: 1
    Just finished a test drive of an 07 LTD Ultimate with EVERYTHING possible. It is a sales boss demo w/1400 miles on it.
    MSRP 36,275 INV 33,759 Offered to me without negotiating
    31,259. This car has ALL Hyundai could offer on the vehicle except for AWD. I was thinking of a counter offer of 29,500
  • jseideljseidel Member Posts: 7
    Has anyone heard of a dealer added PROTECTION PACKAGE for $980.00 to the 2008 Veracruz Limited. When I have a chance, I will ask the dealer what is included in the package. It jumps the sticker price up considerably.
  • carbuyer11carbuyer11 Member Posts: 114
    Protection Package= Pure Profit for the dealership. I wouldn't recommend spending the money.
  • gleppertgleppert Member Posts: 19
    Just read your post on your new VC. Curious. What were your thoughts regarding the Outlook?

    I purchased an Outlook in February. Several days later, I developed a pain in my lower back, right hip joint and right inner thigh due to low, unsupportive seats and the way the center console encroaches on the foot well causing my right foot to tun in. After several test drives these were not issues. But after purchase, they developed. I thought maybe seat adjustments would do the trick. No such luck! I have been driving in pain for 7.5 months and I'm ready to get rid of it.

    I am interested in the GLS and hoping to get one with a sunroof. Obviously, I looking for the most in trade and the best deal from Hyundai.

    Two questions for you.

    1. I realize the VC is shorter, but is there substantial room between the 2nd and 3rd rows? How does it compare to the Outlook?

    2. The hesitant tranny is well publicized in the Outlook - yes it is a pain in the a--! I've had 3 updates, but it is still annoying. Climbing a winding hill with the AC on is aggravating. I've read that the VC has some hesitation. How does the VC compare with the Outlook in the tranny category? Maybe it's a VVT phenomenon.

    Would appreciate any feedback from you , or any VC owners who test drove the Outlook. Thanks.
  • gunner599gunner599 Member Posts: 7
    Does anyone think it is smart to lease a Veracruz right now or is it smarter to buy it? I have read some things that make is sound like the residuals might not be great.

    I am wondering if you get the value out of buying a 2007 year vehicle so late in the year anyway.

    Matt
  • nthenthe Member Posts: 414
    "Thanks for the input, but I understand that it is very easy to get the rebate. I am pretty sure that the dealership put that $1000 in their pocket and I cannot blame them. They are in the business to make money."

    yes, if you own a competing SUV or minivan. The dealer has to have a copy of your vehicle registration, so no, the dealer can't just hide it and pocket the money from hyundai.
  • nthenthe Member Posts: 414
    hyundai has $1000 in lease support for the 08s, but they aren't offering anything on he 07s. Actually i've seen that the residuals are very good for the veracruz.
  • selooseloo Member Posts: 606
    The current leaders are:

    07 Limited - $35800 under invoice.

    07 SE - $3000 under invoice. (new post)

    08 Limited - $1,100 under invoice.

    08 SE - $2000 under invoice.

    Keep posting the good deals.
  • dbsmcdbsmc Member Posts: 1
    I'm looking at similar 08 VC Ltd, FWD (vice AWD), w/Rear Entertainment, cross rails, carpeted mats, destin: MSRP $36575, dealer OTD 32,900 (before TTL).

    My dumb question: Are OTD prices folks quote here after application of rebates? I'm verifying w/ dealer, but believe this quote assumes using Comp Owner rebate ($1000) and military ($500). Thanks for the great insight.
  • selooseloo Member Posts: 606
    With those rebates you should be at least $1500 below the invoice price. Looks like you are around 1K below.

    Ask to see the invoice.

    Watch for extra fees (doc fees, prep fees,etc..). It has been reported that some dealers are adding the Des. Charge to the deal twice.

    Take your time and fully review all aspects of the deal.

    Good Luck!
  • gunner599gunner599 Member Posts: 7
    I am looking to buy a Veracruz SE in the next four months. Should I buy now or wait awhile for better discounts in the coming months? Does anyone know if there will be better pricing later in the year on the '08?

    MG
  • austx37austx37 Member Posts: 18
    I can tell you that I am pleased with the leg room for the 2nd and 3rd rows in the Veracruz. The second row seats are on a track so you can adjust them forward and backward depending on if the 3rd row needs more leg room (let's say you have kids in the 2nd row and adults in the back, then you pull the 2nd row seats forward more to give the adults in the back even more leg room). It's ample for adults in the 3rd row, even without the 2nd row adjusted forward. I look at my VC from the outside and it's amazing that they have a good size 3rd row in the back, it's really quite hidden from looking at it on the outside. I bet alot of my neighbors think I have a 2 row SUV. The smaller look also gives me a feeling of driving a smaller vehicle and it's definitely more manageable than the bigger SUVs and easier to park I would say. Here's the catch - when the 3rd row seats are up you have hardly any trunk space. This isn't a problem for me b/c I only have 2 kids and most of the time the 3rd row is down and used as a big trunk. The seats fold flat and they're super easy to put up and down. Then when we have family in town or we do carpooling we pull the 3rd row seats up for our visitors. It's a wonderful vehicle and so easy to convert back and forth and also it's easy to get people into and out of the 3rd row with one lever on the side of the 2nd row seat and it slides forward on its own. Can you tell I love this SUV? :)
  • boltex1973boltex1973 Member Posts: 1
    hi posystm..i'm new on this forum. can you tell me the dealer where you bought your 07 SE FWD for $26,500 OTD. i am interested in getting the same. you can e-mail me directly if you wish.thanks
  • posystmposystm Member Posts: 34
    Sansone on Rt 1 in Avenel or Woodbridge
  • Karen_SKaren_S Member Posts: 5,092
    A reporter seeks to talk with owners and serious shoppers of the 2007 or 2008 Hyundai Veracruz who are also parents. If you are interested in commenting on your experience, please reply to jfallon@edmunds.com no later than Thursday, November 15, 2007 and include your city and state of residence as well as the age of your child/ren.
  • selooseloo Member Posts: 606
    Did you buy the car?
  • spratmanspratman Member Posts: 28
    I don't believe there is a competitive owner rebate on the 08.
  • djb1969djb1969 Member Posts: 5
    Have a dealer quoting $250 under invoice [invoice includes $190 for "advertising"] for an 07 GLS FWD w/ premium package. This is the first quote. Too easy, what am I missing? I don't qualify for the 'competive owner' or 'military' incentives. Thoughts?
    Also, does anyone know what combination of model, exterior color, & interior color it takes to get the black/dark dashboard trim?
  • selooseloo Member Posts: 606
    You should do a lot better on a 07.

    Read the last 100 posts.
  • djb1969djb1969 Member Posts: 5
    Thanks seloo, the reading was extremely useful. Found out to get the black dash trim have to get SE w/ black interior. Dealer quoted Invoice-$450 for an 07 AWD and Inv-$494 for an 08 FWD w/ P&L. Sounds fine until reading old posts. Will pass along this info and see what happens. Wonder why no pricing service is finding the extra couple thousand off?
  • bigjimd2804bigjimd2804 Member Posts: 34
    The fact that a dealer quoted you $250 under invoice right off the bat should tell you something, although the added in fee for advertising is a joke, it is not a real charge. One of the best dealers I have seen that displays pricing online is Fitzmall.com in Maryland. Shop there and you will find 07's going for $1,738 to $2,238 UNDER invoice, and 08's for $1,438 UNDER invoice.

    I live in Ohio, and a trip to Maryland would be a 500 mile drive, but that didn't stop me from passing along the link to their deal to the local dealers in my area. With very little effort, I had the locals down to $1,200 under invoice for an 08 Limited FWD, where we struck a deal. (I didn't feel a difference of $238 was worth driving 500 miles for, especially since I wanted the local dealer to service my new Veracruz; your mileage may vary. :) I did my entire negotiation by e-mail, sealed the deal with a single phone call, and was in and out of the dealership in 1 hour with my new Veracruz.

    The sales manager was quick to point out that they had never had a customer present them with a competive deal from "5 states away", but they also stuck to their word on matching any deal I brought in. These dealers are very motivated right now to move cars, at little to no profit because the more they sell now, the larger their allocations of cars will be in the future. They want to build a solid base of new customers at just about any price, so use that to your advantage.

    Negotiating for a new car is a game, the more knowledge you have going in, the better you will do. Don't be afraid to get up and walk out; your phone will be ringing when you get home with a better deal.
  • selooseloo Member Posts: 606
    Agree!

    Good post.
  • djb1969djb1969 Member Posts: 5
    Thanks again to bigjim and seloo for the advice. Emailed a link to fitzmall to a dealer in CT and MA to get my point across. CT said it was impossible. MA gave a song and dance. I'm in no rush. Heck, I'll take a $49 Southwest flight to Maryland and drive back to CT.
  • rtreatrtreat Member Posts: 4
    djb- where are you looking in CT and MA? I am in CT and have just started my search for a Veracruz..I have a couple of email quotes, but not as god as the fitzmall either...
  • whenindowtwhenindowt Member Posts: 15
    I looked for a deal in Central CT and didn't find anything. Just over the line in Springfield MA is a dealer called Balise. The quoted me a good price over the internet and then added in some rebates. I posted my info earlier in this forum. Let me know if you need a contact name and I will email it to you.

    whenindowt
  • rtreatrtreat Member Posts: 4
    Was your price 26,400, including the $1000 rebate?
  • selooseloo Member Posts: 606
    The current leaders are:

    07 Limited - $35800 under invoice.

    07 SE - $3000 under invoice.

    08 Limited - $1,100 under invoice.

    08 SE - $2000 under invoice.

    Prices include rebates.

    Keep posting the good deals.
  • djb1969djb1969 Member Posts: 5
    I've been back and forth with Lia in Enfield and Herb Chambers in Auburn MA. They've both gone silent since I brought up Fitzmall pricing.
    Whenindowt - who did you talk to at Balise?
  • whenindowtwhenindowt Member Posts: 15
    The 26400 price was with the $500 owner loyalty rebate. Since I already own a Hyundai Elantra, they knocked the price down from 26900.
  • whenindowtwhenindowt Member Posts: 15
    The rules of the forum say I can't post the sales persons name. If you post an email address I can send it to you. Otherwise, just ask for one of the two guys that handle internet sales. They are both easy to deal with.
  • rtreatrtreat Member Posts: 4
    07 GLS Veracruz with Premium Package from Pride Hyundai in Seekonk, MA.

    Got this price from Internet, no haggling at all.

    MSRP $30,650
    Invoice $29,194

    Offer $25,288
    Doc Fees $200

    Total $25,488 + Taxes and Transfer of Plates

    Price was good without Trade. Didnt have one on the lot, located one in a day. Picking up tomorrow.
  • selooseloo Member Posts: 606
    Thanks for the post. Once you pick-up the car, please confirm all you numbers again, so we can post your results.

    Looks like around $3700 below invoice.
  • search4carsearch4car Member Posts: 30
    When can I order one with Navigation?
  • search4carsearch4car Member Posts: 30
    What are leases for the Veracruz looking like?
    18K/year for a Lmt, +DVD. Anyone know what these are leasing for?
  • rtreatrtreat Member Posts: 4
    Picked up car..No surprises..

    07 GLS Veracruz with Premium Package from Pride Hyundai in Seekonk, MA.

    Got this price from Internet, no haggling at all.

    MSRP $30,650
    Invoice $29,194

    Offer $25,288
    Doc Fees $200

    Total $25,488 + Taxes and Transfer of Plates
  • selooseloo Member Posts: 606
    Good deal. Thanks for sharing.
  • selooseloo Member Posts: 606
    The current leaders are:

    07 GLS - $3700 under invoice (new leader from a new post)

    07 Limited - $35800 under invoice.

    07 SE - $3000 under invoice.

    08 SE - $2,000 under invoice.

    08 Limited - $1,100 under invoice.

    Prices include rebates.

    Keep posting the good deals.
  • mdhuttonmdhutton Member Posts: 195
    Seloo, where is the dealer that is selling 07 Limiteds at 35800 under invoice? Are they paying people to take these cars off their hands?

    Actually, if Hyundai doesn't get the nav to market, integrate the bluetooth properly, and bring back the ability to have an aux audio jack dealer-installed, they might have to start paying people to take the VC, because just about every competitor is doing all of these things (rather well) now.
  • selooseloo Member Posts: 606
    It was a few posts ago, please look at the post history and contact the individual.
  • search4carsearch4car Member Posts: 30
    That's an error - It's not 35800 under invoice. It's 3800 below invoice. At 35,800 under invoice, they'd be paying you. :)
  • winedogswinedogs Member Posts: 102
    Excuse my ignorance, but what does the aux audio jack provide? And what issues have been happening with the bluetooth compatibility?
  • selooseloo Member Posts: 606
    The current leaders are:

    07 GLS - $3700 under invoice (new leader from a new post)

    07 Limited - $3500 under invoice.

    07 SE - $3000 under invoice.

    08 SE - $2,000 under invoice.

    08 Limited - $1,100 under invoice.

    Prices include rebates.
  • winedogswinedogs Member Posts: 102
    Seloo,

    Are you tracking any other vehicle deals? Acadia, Enclave or CX-9.
  • selooseloo Member Posts: 606
    Yes, on the CX-9, but the results are not impressive.

    Also tracking the Freestyle and Taurus X.

    As for the Enclave, supply and demand are killing the market for good deals. Some people have been able to get some pretty good deals when combining GM card points and rebates.

    IMO the Outlook is a very poor value. On the other hand, you can find some good deals on the Acadia using rebates.

    Good Luck!
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