2020 Hyundai Santa Fe A Great Deal For Presidents’ Day
The all-new 2021 Hyundai Santa Fe is proving to be a winner. It was the top seller in January for the automaker. Yet, if you’re willing to drive a 2020 Hyundai Santa Fe, you can probably get a great deal for Presidents’ Day car sales.
Why’s that? There are still a lot sitting on Hyundai dealer lots. The 2021 model debuted in October 2020 – at a point when car sales were getting hot again. Buyers took their pent-up demand and said, “Gimme the 2021 Santa Fe.” (And for good reason: the 2021 Hyundai Santa Fe is an outstanding vehicle.)
How readily available are 2020 Santa Fe models? The website iSeeCars.com says 57.7% of its inventory remains as of Feb. 1. That’s compared with a national average of 22.5% for all 2020 models; making the Santa Fe the sixth most (least?) popular model on the lot.
New car sales are showing signs of recovery in 2021 after COVID-19 caused steep declines in 2020. Shoppers looking for a new vehicle have the choice of buying a vehicle from the previous model year, 2020, or the current model year, 2021.
These vehicles can provide tremendous bargaining opportunities on top of their advertised incentives and financing offers. iSeeCars analyzed its national inventory of over 700,000 new cars for sale to determine which models have the most remaining inventory from the 2020 model year available.
Here is how the overall 2020 Hyundai lineup shapes up:
- Hyundai Santa Fe / 57.7%
- Hyundai Sonata Hybrid / 25.8%
- Hyundai Elantra/ 20.9%
- Hyundai Sonata / 12.0%
- Hyundai Accent / 11.9%
- Hyundai Venue / 9.8%
- Hyundai Tucson / 9.1%
- Hyundai Kona / 7.3%
- Hyundai Palisade / 3.9%
Just because inventory is low doesn’t mean you can’t score deals. Look to 2020 models especially when there is little difference with the 2021 models.
Keith Griffin covers Hyundai and Kia at Torque News. He has been writing continuously about cars since 2002. Keith used to be a researcher/writer for US News & World Report, as well as numerous car sites, including Carfax and Car Gurus, and a contributor to The Boston Globe. Most recently, Keith was the managing editor for American Business Media. Follow Keith at @indepthauto on Twitter, on @LinkedIn and on his Indepth Auto Facebook page.