Does Hyundai Do Factory Orders? (Let’s Find Out)
Ordering a car from the factory has advantages; it gets you a vehicle tailored to your specifications.
Read on if you’ve wanted to factory order a vehicle and aren’t conversant with the processes.
Below, you’ll learn how to factory order a car and get some insights on how to transact this deal.
You can factory order vehicles from Hyundai through dealerships since you can’t order directly from the factory. The distributor Hyundai Motor America ranks from the factories and sells to dealerships in the USA. Dealerships, in turn, search for a close match based on the customer’s specifications and order for the car.
Process Of Hyundai Factory Orders
Ordering a Hyundai car has the following process;
- Visit a Hyundai shopper assurance dealer near you and give the salesperson the specifications you want in the car. The dealership can then forward these specifications to Hyundai Motor America, responsible for distributing vehicles in the country.
- Demand for the out-the-door price for the car. The salesperson usually has out-the-door-price connected to the transaction. Negotiate the out-the-door price and agree on a selling price.
If you’re lucky, they might have your kind of vehicle there and get a flexible test drive of the car. - Sign the buyer’s order. The buyer’s order is a document provided by the dealership that contains essential information.
The buyer’s order specifies each cost of the car and its details. It is an analysis of the total cost of the vehicle and contains the following;
- The agreed selling price of the car.
- The Vehicle Identification Number.
- The vehicle’s year, model, and make.
- The odometer reading of the vehicle.
- Down payment sum, if it’s applicable.
- Tax/registration fees/title.
- The documentation fees of the dealer.
- Additional fees or dealer extras.
- You are obligated to pay a deposit which is usually ten percent of the price of the car. After paying, request a signed copy of the approved build sheet before leaving. You can also ask the salesperson for weekly updates on your car’s status.
Things To Look Out For When Ordering
The dealership can refuse negotiation on the price when you’ve ordered. This usually means there will be a change in the out-the-door price.
It can also mean no assurance that the car arriving is yours. Always negotiate and agree on the out-the-door price.
The dealership could also maintain that they want dealer-mounted accessories. These accessories could be LoJack or wheel locks.
The dealer installs them after they obtain a car. Sometimes these accessories can be seen on the out-the-door price worksheet.
Salespersons like saying they can’t remove these accessories as they add them to every vehicle.
However, one advantage of factory ordering is that the dealership can’t add any of its accessories to the car. Since you’re custom ordering, they can’t add anything you don’t want.
So ensure that they don’t win this argument.
In addition, the dealer would avoid signing the build sheet or buyer’s order. You’re set to drop a deposit for the vehicle after negotiating the out-the-door price.
To legitimize the agreed out-the-door price, all parties must sign the build sheet and state the negotiated price. Ensure that the dealership signs all concerned documents.
The day you get your car, the dealership has changed the tune; it won’t be a pleasant situation.
But, without their signature, they can have a new selling price waiting for you on that day. So don’t proceed till you have their signature.
After agreements are made, a deposit is required, and all documents are signed. Ask for the deposit amount if the dealer doesn’t demand it.
Doing this locks down your custom order because not doing so could mean the car being ordered isn’t yours.
Also, make sure to request updates on your vehicle and when you’re not given, contact the higher-ups in the dealership. Can Toyota Dealerships Transfer Cars? (Explained)
Where Do Hyundai Cars Ship From?
New Hyundai vehicles from these big manufacturing plants in South Korea arrive in the US through ocean vessels.
A projected 65% to 70% of all new cars sold in the US travel through rail. They also travel through auto transport trailers and finally arrive at the dealership.
Hyundai deliveries from their production facilities weigh over many tons. Therefore, precise deliveries of these vehicles have to be appropriately routed using various transportation canals.
Newly produced Hyundai are moved using airplanes, rail, and ships. Vessels designed to hold and move vehicle cargo can move 8,000 vehicles simultaneously.
Used Hyundai cars are also transported with new vehicles, being moved using heavyweight cars all over the US.
About 42 million used cars are sold via franchised dealers such as Tony Hyundai. Used cars can sometimes go on numerous journeys on a vehicle hauler.
That usually happens whenever they’re shipped to wholesale setups or an auction before ending up in the shopper assurance dealer’s hands.
Hyundai has the world’s largest vehicle manufacturing plant located in South Korea. The plant manufactures about 1.6 million units every year.
These vehicles are sold across 193 countries with 5,000 showrooms and dealerships.
Hyundai also runs numerous other manufacturing plants in the US, India, China, Czech Republic, Russia, Brazil, and Turkey.
Can You Negotiate A Factory Order?
You can negotiate a factory order. Ignore any notion that says custom-ordered cars can’t be arranged.
As far as the dealership is concerned, a factory-ordered vehicle is the same as buying any other vehicle.
For them, it’s a part of the inventory, and they want the front-end gross and back-end gross profit. So it would help if you negotiated when you placed the order for the car.
When the salesperson is arranging the ‘deal jacket,’ there’s an out-the-door (OTD) price linked with the deal.
The deal jacket is the term that covers all the documentation and paperwork required for the car dealership.
It’s vital to know that the OTD price isn’t the manufacturer’s suggested retail price (MSRP) + fees + tags/registration + taxes.
When negotiating it should be MSRP – dealer discount + taxes + fees + tags/registration.
Avoiding negotiation presumes that the deal remains at MSRP. Any leverage you have is reduced when the car gets into the dealer’s hand.
It’s this way because this present market has limited inventory. You can negotiate taxable fees (processing and doc fees) on the car’s selling price.
In the current market, ensure you negotiate off extra dealer markup.
Read More: Can You Order A Toyota From The Factory?
Can You Cancel A Factory Ordered Car?
This decision primarily rests on where the vehicle was ordered. If the car has been purchased from a distance, the order can be canceled 14 days later.
A customer’s right to retract the order applied when there was no face-to-face contact before delivery. Perhaps You bought the car through the internet or over the phone.
It is referred to as an ‘off-premises’ transaction.
One of the exemptions is when a client asks for unique customizations on the car. For example, clients can request that their names be written on all the car seats.
In this situation, you can’t cancel the order. The car’s uniqueness to that person has made it useless to another, which makes it impossible to cancel.
You can’t cancel an order after signing the car order on the dealership’s premises. Even if you cancel, the deposit you made for the car won’t return to you.
Therefore, it is essential to make up your mind about purchasing before signing the vehicle order and paying a deposit.
Conclusion
Hyundai dealerships can help the factory order a vehicle for you. Hyundai cars are shipped from South Korea and their other subsidiaries worldwide.
You should negotiate factory-ordered cars since they are just like any typical transaction. You could cancel a factory order if the deal weren’t arranged on the dealership’s premises.
Factory ordering is good, but only when you’re patient since delivery of the vehicle could take months.
So make up your mind before factory ordering, so you don’t lose patience and cancel the order.
