This isn't cool at all

"LJ909" (lj909) 02/08/2019 at 12:43 • Filed to: Hyundai, Hyundai Veloster N

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Dealers are waisting no time in marking up the Veloster N. It’s good. But no way in hell I’d pay 38 grand for one. This was taken at my hometown Hyundai dealer Romero Hyundai in Ontario California.

Azrek > LJ909 02/08/2019 at 12:52

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Brutal...but I am starting to turn into those Craigslist surfers. I don’t understand some prices...I am trying to buy a house and looking at houses in the areas I want is hilarious. One will be 1000sqft and $50k more than one across the street that is 1800sqft that was built last month rather than 1920 . When I point this out; I get a myriad of angry responses.

farscythe - makin da cawfee! > LJ909 02/08/2019 at 12:53

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*checks what they cost here*

*cries*

starts at 50 grand

(edit) oh wait.. thats the i30 n we dont seem to have the veloster

The Dummy Gummy > LJ909 02/08/2019 at 12:54

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Are people really buying ~$37k Velosters?!

loki03xlh > LJ909 02/08/2019 at 12:55

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I like how the market adjustment is a “dealer installed option”.  What is so special about a veloster these days?

The Dummy Gummy > Azrek 02/08/2019 at 12:56

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Good luck house hunting. What I found when buying a house is that there are a lot of people who made a bad deal and want to find another idiot to make them whole for their stupidity.

But why go out of your way to tell them haha?

KingT- 60% of the time, it works every time > LJ909 02/08/2019 at 12:58

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CP. It will languish on the lot for another 6 months and then they’ll be listing it for 2K under MSRP.

vicali > LJ909 02/08/2019 at 12:59

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$795 for door edge and cup guard;

The Ghost of Oppo > LJ909 02/08/2019 at 12:59

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That’s in CAD, right? 

Chariotoflove > LJ909 02/08/2019 at 13:00

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It’s another form of marketing.  Market demand will decide what they go for, no matter what the dealer tries to do.

fintail > LJ909 02/08/2019 at 13:01

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The Chutzpah.

3K off MSRP by end of summer?

I don’t know what it is with Hyunkia dealers.  The 10K ADM I saw on loaded Stingers (later asking under MSRP) shows me someone just doesn’t get it.

facw > LJ909 02/08/2019 at 13:01

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As has been the case for a while, the biggest problem with Hyundais and Kias is their dealers.

LJ909 > Azrek 02/08/2019 at 13:02

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Because somehow, there’s always a group of people that make excuses and get defensive about fucking people over monetarily. 

LJ909 > farscythe - makin da cawfee! 02/08/2019 at 13:03

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They're pretty much the same car underneath. The i30 is called the Elantra GT but the Veloster only gets the N treatment here. 

LJ909 > The Dummy Gummy 02/08/2019 at 13:04

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Hell no. At least I don’t think so. It doesn’t have an aftermarket following enough to warrant such prices. At this price, people are going elsewhere. These dealers are screwing up the N image already. 

LJ909 > KingT- 60% of the time, it works every time 02/08/2019 at 13:05

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This. This is exactly what’ll happen. It’s just a showroom draw right now. You’d have to be a fool or a really Hyundai  fanboy to pay one cent of this adm.

LJ909 > vicali 02/08/2019 at 13:06

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Right? It’s sick. 

LJ909 > The Ghost of Oppo 02/08/2019 at 13:06

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Nope. US. Tax title and license figure pretty much 40 grand. 

LJ909 > Chariotoflove 02/08/2019 at 13:07

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Right. And they won’t go for this. 

The Ghost of Oppo > LJ909 02/08/2019 at 13:07

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Holy [all of the swear words]

LJ909 > fintail 02/08/2019 at 13:08

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The dealers are the ones that don’t. And it again shows the downside of franchise car dealers. Hyundai packs in value in their vehicles and even when you go on their site the first thing you see is how they have transparent pricing. You can’t push that narrative and then have your dealers hungry for the dollar. 

LJ909 > facw 02/08/2019 at 13:09

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Hyundai dealers are usually more tolerable than Kia. Kids dealers have shiffty buy here pay here vibes. 

InFierority Complex > LJ909 02/08/2019 at 13:09

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That’s kinda weird. The Canadian Hyundai msrp for a Veloster N is 34,999 according to the site. Why list is lower and then tack on a market adjustment.

Never mind if this is US and not Canadian.

LJ909 > InFierority Complex 02/08/2019 at 13:10

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I think you’re confusing where I live. This is in Ontario California lol. This is US dollars lol. 

Tristan > The Dummy Gummy 02/08/2019 at 13:24

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In the Portland area there are two types of houses: shitty flips, and run down shitholes that probably  don’t qualify for financing that you can’t buy faster than the shitty flippers with cash anyway.

wafflesnfalafel > LJ909 02/08/2019 at 13:26

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yeah.. they will get someone that loves the car and wants to have the first one on the block. They can just finance it for 9 years or something. Kinda like the Focus RS - weren’t they going for for way over sticker when they first came out?

fhrblig > LJ909 02/08/2019 at 13:34

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Market adjustment? That’s rich. If it were a true market adjustment they’d be subtracting  the same amount because it's not a crossover or an SUV.

LJ909 > wafflesnfalafel 02/08/2019 at 13:41

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The thing though I’ve already seen a few N’s running around so it’s not like no one has one yet you know?And Yea the Focus RS was way worse than this though. They were going for 50-60 grand In a lot of places. 

PS9 > LJ909 02/08/2019 at 13:55

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$37k? Someone needs to have a talk with that dealer.

The Dummy Gummy > Tristan 02/08/2019 at 14:24

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That sounds fun.

Gerry197 > LJ909 02/08/2019 at 14:27

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It has 7,500 in dealer mark ups, one of them market adjustment. Hyundai already has a $1,750 rebate on the car, why on earth does this dealership think they can add a dealer mark up?

I would just go to Carsdirect.com and price it from there, you can get them below MSRP. 

LJ909 > Gerry197 02/08/2019 at 14:30

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The new hotness+greedy dealers=dealerships thinking they can put an adm on a vehicle. And when you ask about it they justify with a bullshit reasoning of market demand that THEY created. 

Textured Soy Protein > LJ909 02/08/2019 at 14:41

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Meanwhile, in Rockville, MD, the N that I posted about being advertised with a (small) discount is no longer on that dealer’s website and probably already sold.

PatBateman > LJ909 02/08/2019 at 14:58

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He lives in Los Angeles, BC.

fintail > LJ909 02/08/2019 at 15:39

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I wonder if corporate suits know or care about these shenanigans, and how it destroys brand cachet.

LJ909 > Textured Soy Protein 02/08/2019 at 17:24

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I’m pretty sure it’s sold. Or it got dealer traded for a Kona or something. 

LJ909 > fintail 02/08/2019 at 17:29

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You’d think they would or try to do something about it. Franchise  Dealers erase a lot of things, and brand cahet and transparent pricing are two of them. 

Textured Soy Protein > LJ909 02/08/2019 at 18:22

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Given that they already have a plentiful supply of Konas, I’m sure it probably got sold.

Fun fact: I first tried using Google voice typing at a stop light to do this reply and when I said Kona s, it thought I said the Klingon homeworld Q o’nos (pronounced “k ronos”) which is awesome that someone at Google put that in their voice recognition database.

fintail > LJ909 02/08/2019 at 19:31

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I wonder if any have ever visited their own dealerships, incognito.

Coincidentally or not, I’ve only bought non private seller cars from premium branded dealers, some were not too expensive, but even the used side of the business operates a bit different from the screamer ad brands.

LJ909 > Textured Soy Protein 02/08/2019 at 21:45

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The Trekkie in me thinks that’s so awesome. 

Weeeefun > PS9 02/09/2019 at 12:40

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For real. I had a dealer try to sell me one for 40K (in Texas). Good luck with that. I politely smiled and told him good luck. He was certain that "some enthusiast is going to come in here wanting the first one".  Got mine for 1K below MSRP at a dealer not too far from that one.

Jesse > LJ909 02/09/2019 at 17:31

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There is already plenty of these selling for MSRP. Now the one really shifty thing I’ve seen on autotrader is them listing the Base  N for the 29995 like that is msrp when everyone knows that is for the performance version with 275hp and the LSD. I can imagine some salty buyers if they buy this lesser version for that price then realize they’ve been took

Tapas > LJ909 02/18/2019 at 15:56

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Lol!

Buy a Golf R instead.