LOS ANGELES -- Hyundai Motor America has cut $700 from the sticker price of the base model Santa Fe SUV for the 2007 model year.
The redesigned Santa Fe carries a base price of $21,595, including shipping, the company said Thursday. The price drop comes even as the automaker increases the shipping charge from $600 for the 2006 model to $650 for the 2007 model.
The 2007 model will reach dealerships this month, the automaker said.
Buyers can choose from three trim levels -- GLS, SE and Limited. Standard equipment includes stability control, side-impact and side curtain airbags, antilock brakes and a tire-pressure monitoring system.
Changes include the addition of a third row of seats that folds into the floor. The new Santa Fe is 7 inches longer than the 2006 model.
The base engine is a 2.7-liter V-6 rated at 185 hp. A five-speed manual transmission is standard, while a four-speed automatic is optional.
The 2007 Santa Fe SE has a base sticker price of $24,295, including shipping charges. The SE trim is equipped with a 3.3-liter V-6 producing 242 hp with a five-speed automatic transmission.
The Santa Fe Limited has a base sticker price of $26,595 with shipping charges and adds equipment such as leather seats, heated front seats and automatic temperature control.
Through the first five months of this year, the Santa Fe's U.S. sales totaled 18,033 units, down 40.9 percent from the same period in 2005.
The 2007 Santa Fe is being built at the company's Montgomery, Ala., plant, which also builds the Hyundai Sonata.
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