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Old 07-20-2013, 08:45 AM
 
34 posts, read 69,161 times
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What can I sell my new 2013 Hyundai Santa Fe Sport with technology package, leather, sun roof, for? And any advice as to whether I should trade it in or sell it myself (and how; on Craig's list, or CD)? I'm buying another car and need best advise for getting the most from my former purchase. Obviously, there are benefits with trade-in but the dollar price they are willing to give me is low $22K. I appreciate any advice here.
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Old 07-20-2013, 08:55 AM
 
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Is it wrecked?
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Old 07-20-2013, 09:00 AM
 
Location: Prosper
6,255 posts, read 17,088,213 times
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Do you have the title in hand? Most people won't buy a car from a private party unless they have the title in hand. They don't want to pay you so then you can take their money and get the title, which can take weeks. So that cuts down on a lot of potential buyers who are a lot more comfortable buying from a dealer who can also do financing.

You'll get the most selling it to a private party, but your best bet is to make sure you've got the title before I'd even bother trying to go that route.
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Old 07-20-2013, 09:04 AM
 
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I'ts not wrecked. It's just been purchased. Perfect condition. Title is with the finance company. I suppose I could pay it off myself to get the title.
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Old 07-20-2013, 09:18 AM
 
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Quote:
Originally Posted by Fivestars View Post
I'ts not wrecked. It's just been purchased. Perfect condition. Title is with the finance company. I suppose I could pay it off myself to get the title.
Trade it in. It's not the kind of car most people are willing to pay much for private party. There's likely a very small pool of able buyers hanging around trying to snag a lightly used Hyundai Santa Fe. You could luck out though, how much time do you have?
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Old 07-20-2013, 09:22 AM
 
34 posts, read 69,161 times
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I'm in no hurry. But I have found another car I'd like to purchase. I think where I live, I could get lucky, actually. Just don't know if I should drive around with the sign for sale on it, or put it in Craig's list. But the hassles of all that might not be worth it.
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Old 07-20-2013, 09:47 AM
 
Location: Floribama
18,949 posts, read 43,571,506 times
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The problem with Hyundais is that the 2nd owner doesn't get the 10yr/100k warranty (unless its CPO from a dealer). Most people will just spend slightly more to get a new one, rather than buy yours with a reduced warranty.
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Old 07-20-2013, 10:00 AM
 
5,075 posts, read 11,067,856 times
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Originally Posted by southernnaturelover View Post
The problem with Hyundais is that the 2nd owner doesn't get the 10yr/100k warranty (unless its CPO from a dealer). Most people will just spend slightly more to get a new one, rather than buy yours with a reduced warranty.
Yep. Exactly what I was thinking. That, and Hyundai is still largely a brand bought by people of modest means and poor credit (well, compared to other import brands). The target market is unlikely to have a bunch of cash laying around, the ability to get a low rate on a private party car loan, or want to pay extra for an extended warranty when they can simply go to the dealer and have all of this taken care of for them.
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Old 07-20-2013, 10:07 AM
 
Location: Floribama
18,949 posts, read 43,571,506 times
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Originally Posted by mkarch View Post
Yep. Exactly what I was thinking. That, and Hyundai is still largely a brand bought by people of modest means and poor credit (well, compared to other import brands). The target market is unlikely to have a bunch of cash laying around, the ability to get a low rate on a private party car loan, or want to pay extra for an extended warranty when they can simply go to the dealer and have all of this taken care of for them.
Well I paid cash for my '12 Sonata, but I bought it at a pretty good discount over a new one since it had a couple of dings ($15k vs $21k). If I were going to spend over $20k on one though, I'd just get a new one.
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Old 07-20-2013, 10:22 AM
 
4,236 posts, read 8,136,274 times
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ADD purchase? Prepare to get hosed no matter what road you take.
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