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May 21st, 2020 02:09 PM #11
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May 27th, 2020 08:07 AM #12This is incorrect. They don't offer 500k cash discount. The 500k is more of a interest savings for their promo. They offer 0% interest for 5 years (need to make at least 50% downpayment).
If it was a 500k cash discount, it would bring down the price to 2.0M which is much lower than the TOTL truck-based SUVs.
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May 27th, 2020 12:44 PM #13oh well if it isn't true they should make it happen if they want to make any meaningful sales volume. but under present conditions that maybe tough still.
2.0m will undercut the mainstream totl japanese brands or make them on par pricewise (not factoring discounts of other brands). they tried the premium pricing angle we all know it did not work for them. maybe they should consider what got them sales the first time around as a value alternative.
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May 27th, 2020 01:45 PM #14
At a discounted price of 2M, the TOTL Hyundai Santa Fe is pricey for a 2WD crossover. Maybe if HyundaiPH opts to sell the midtrim model between 1.7 to 1.8M, that would be something very competitive.
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May 27th, 2020 03:46 PM #15
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May 27th, 2020 04:05 PM #16
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July 6th, 2020 11:46 PM #18Just to update this thread.
I found a post in marketplace that a Kia Sorento 2.2L EX AT 4x4 has now a cash discount of 430k.
I am not sure if this is a nationwide discount or dealer specific lang.
Currently priced at 2.195m, it's now at 1.765m, better deal than Hyundai Sta. Fe.
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July 7th, 2020 04:27 AM #20