Hyundai dealership in the Philippines is given away a free Hyundai Accent with the purchase of a new Santa Fe
The Santa Fe needs to be paid in cash, however, or at the very least buyers need to give a 20% downpayment
There’s a dealership in the Philippines that’s giving away a free Accent with the purchase of a new Hyundai Santa Fe.
The dealer in question, Hyundai Quezon Avenue in Quezon City, Philippines, insists the deal is real and that the Hyundai Accent model is new. Buyers can also opt for a Hyundai Reina which we don’t get here.
2020 Hyundai Accent | Photo: Hyundai
Now, the Hyundai Santa Fe costs 2,538,000 Philippine Peso new which equates to roughly $70,000 in Canada and $51,000 in the US. That’s more than double the starting price of a new Hyundai Santa Fe in Canada. To get the promotion, you have to pay cash or give at least 20 percent down. You will then pay the equivalent of $1,000 US per month, or $1,500 per month in Canada. That would get you a nice Mercedes-Benz GLE here, or any other luxury mid-size SUV.
So the Hyundai Accent must be worth peanuts in the Philippines, right? Wrong. It costs 868 000 PHP according to Top Gear, which translates to roughly $20,000 US and $23,000 in Canada. In other words, this dealer is giving Santa Fe buyers a $20,000 discount.
Not even pickup trucks can match that in North America. Hyundai USA has a $2,000 incentive on the 2020 Santa Fe in July while Hyundai Canada has 0% financing up to 84 months.
Granted, you could just buy an Accent and a Santa Fe here, and you’ll pay less combined than a Filipino Santa Fe buyer, free subcompact or not.
