[srhen]

Heard a radio commercial from a local Hyundai dealer advertising no ADM on new cars...... ADMs on Hyundais??????......sad market for new vehicles.

 

[Unavowed]

Hyundai makes great cars. Far better than the average Dodge. A Palisade is MUCH nicer than a V6 Durango for example.

 

[Nvrenuf]

Yes there is. I saw it last time I was at the dealership for wife’s service.

Wife has a 21 Sonata Hybrid limited. A lot of car for the money. It’s her 3rd and we are at about 220k total mileage on the 3 and never an issue.

 

[srhen]

Hyundai makes great cars. Far better than the average Dodge. A Palisade is MUCH nicer than a V6 Durango for example.

A v6 Durango shouldn't have a ADM on it either.... and I have 1 as a daily. The Palisade to me wasn't that much nicer than the v6 Durango and was more tank like in feeling and Murphy but that's another story.

 

[Xylander]

Hyundai does ADMs on their gotta have 'em models, like Unavowed said with the Palisade. They've been hot since they were released. Likewise, their Genesis SUVs that are just lux upgraded Hyundais are similarly in high demand.

 

[Slowpoke387]

There is a shortage of new cars. The brand doesnt matter. There are going to ADM’s on lots of stuff, not just muscle cars.

 

[GBLWRMR]

The little lady is looking at the Santa Cruz... and yep. If you buy off the lot, $4,600 ADM a few weeks back.

 

[Rio Lobo]

Last week completed 20 hours of round trip driving in my dad's Palisade. That thing is super luxurious. It was the most comfortable I've been making that trip, it was never lacking for pep, and we made the trip in record time. There's a reason Hyundai/Kia has been near the top in JD Power for the like the last decade. ADM on some of their models really shouldn't be a surprise (although that's the reason dad went to a Palisade instead of a Telluride).

 

[FreddyG]

Last week completed 20 hours of round trip driving in my dad's Palisade. That thing is super luxurious. It was the most comfortable I've been making that trip, it was never lacking for pep, and we made the trip in record time. There's a reason Hyundai/Kia has been near the top in JD Power for the like the last decade. ADM on some of their models really shouldn't be a surprise (although that's the reason dad went to a Palisade instead of a Telluride).

You're right that they rank high in the J.D Powers surveys and they back it up with their warranty. Kia makes some nice stuff too.

 

[NeverEnough]

where have you been? whole market is nuts

 

[baabootoo]

Ok, ADM?

 

[FreddyG]

Ok, ADM?

Additional Dealer Markup

When they make you pay over sticker for a car. In 2015, when the Hellcat's first come out, the ADM's around here got to $20k over sticker. I was Happy to see that because it helped me get our 2015 SRT 392 for almost $8k off of sticker because it helped the dealer to get allotment for another Hellcat for them to sell over sticker.

Personally, there is not a car made that I'd pay over sticker for, but that's just me though.

 

[mchart]

You're right that they rank high in the J.D Powers surveys and they back it up with their warranty. Kia makes some nice stuff too.

I've done 200k miles on my elantra GT, and it's been completely trouble free. The 6-speed auto, and that 2.0 liter engine have been rock solid. Gets almost 40MPG, and it's got 160HP. Enough for a standard daily. I replaced the plugs and accessory belt at 100k. Normal oil changes, tires, and brake pads when needed. Literally nothing has broken on that thing, and I bought it used with 20k miles for only $15k. Leather heated seats, carplay, etc. I still can't believe how reliable this car has been and the features it came with for only $15k.

 

[Blkout]

Nothing wrong with Hyundai or Kia these days. Both are solid brands.

 

[LVSRT10]

Heard a radio commercial from a local Hyundai dealer advertising no ADM on new cars...... ADMs on Hyundais??????......sad market for new vehicles.

Palisades and Tellurides (same car) are 10K over MSRP in Las Vegas right now. People lining up for them at that price. They are f***ed when the market revises back.

--Jeff

 

[Blkout]

Palisades and Tellurides (same car) are 10K over MSRP in Las Vegas right now. People lining up for them at that price. They are f***ed when the market revises back.

--Jeff

No more than any other car that people paid over MSRP.

 

[LVSRT10]

No more than any other car that people paid over MSRP.

Not really, the depreciation line on Hyundai and Kia are much steeper than Toyota, among others. Someone that did 100% financing including taxes and a 10K ADM (which a large percentage of car buyers do) cannot make payments fast enough to stay ahead of the depreciation in a normal market. They are getting a little reprieve right now, but when the car values go off a cliff they are toast. More so than most.

--Jeff

 

[mchart]

Palisades and Tellurides (same car) are 10K over MSRP in Las Vegas right now. People lining up for them at that price. They are f***ed when the market revises back.

--Jeff

You're assuming the market ever corrects back. This inflation is only going to get worse, which means things like houses, vehicles, etc will continue to rise in value.

 

[Blkout]

Not really, the depreciation line on Hyundai and Kia are much steeper than Toyota, among others. Someone that did 100% financing including taxes and a 10K ADM (which a large percentage of car buyers do) cannot make payments fast enough to stay ahead of the depreciation in a normal market. They are getting a little reprieve right now, but when the car values go off a cliff they are toast. More so than most.

--Jeff

Naa, you're underestimating Hyundai and Kia. Both are in high demand. Supply and demand determines pricing.

 

[LVSRT10]

You're assuming the market ever corrects back. This inflation is only going to get worse, which means things like houses, vehicles, etc will continue to rise in value.

Nothing rises forever. There is a thing called revision to the mean. Prices always stabilize back to the mean. Houses, gas, cars, microchips, everything actually. It will happen, and when it does people who over paid for a lesser car are in deep s**t.

--Jeff