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Hyundai Sonata Prices Paid and Buying Experience

5383 messages,  Last post on Aug 21, 2008 at 1:43 PM

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What is this discussion about? Hyundai Sonata, Sedan


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#1001 of 5383
Questionable dealer actions by rkramb
Nov 30, 2005 (7:00 pm)
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I am posting this to warn potential Hyundai buyers in the Dayton/Cincinnati area of my mother-in-law's experience with Voss Hyundai in Centerville. She had agreed over the phone with a salesman there to a price of $17,700 for a Black GL Sonata. (additional details: $100 doc fee, 6.3% HMFC rate for 60 mo, tax around $1100) She went to the dealer to pick up the vehicle after work. When she got there, the salesman said someone else was test driving the car, and they had first choice. (She thinks they said that because the other customer offered a higher price even though the salesman had already agreed to sell it to her) They sold the car to the other customer and she walked out. I guess we'll try again at another dealer if Hyundai renews the rebates.
#1002 of 5383
Re: LX base options... OTD for just under 20k ? [zen2] by bhmr59
Nov 30, 2005 (7:22 pm)
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Replying to: zen2 (Nov 30, 2005 5:28 pm)

Maybe you know this fee by another name, such as documentation fee. Here is a paste from Connecticut General Statutes Sec. 14-62: "(c) Each dealer shall provide a written statement to the buyer or prominently display a sign in the area of his place of business in which sales are negotiated which shall specify the amount of any conveyance or processing fee charged by such dealer, the services performed by the dealer for such fee, that such fee is not payable to the state of Connecticut and that the buyer may elect, where appropriate, to submit the documentation required for the registration and transfer of ownership of the motor vehicle which is the subject of the sale to the Commissioner of Motor Vehicles, in which case the dealer shall reduce such fee by a proportional amount. The Commissioner of Motor Vehicles shall determine the size, typeface and arrangement of such information."
 
This fee, by whatever name some states call it,is charged in CT & FL to my knowledge, probably many more states as well. While this is a BS paperwork fee to close out the deal, the dealer can negate it by reducing the price of the car by an amount equal to the fee. It is not ADM, at least in CT. It is a separate fee that the state requires to be shown as a processing fee to the dealer.
 
Wanna bet it was proposed by lobbyists for car dealers? Liberal legislators would have jumped on it under the guise of "consumer protection." The fee varies from dealer to dealer. That's why I suggested to backy that this fee should be included when posting prices. His reply of a full listing of all prices was even better.
 
I posted earlier that I bought in FL while I live in CT. FL dealer conveyance fee was pre-printed on sales contract, as it was in CT. FL dealer's fee was $90 higher, but it didn't matter because the price was about $1500 lower. FL dealer simply discounted the price more.
 
Years back this fee was nominal. It's become a major profit generator. Even when it was $50 I felt is was a rip off. What other product do you buy and have the seller charge you extra to process the paper work of the sale?
#1003 of 5383
Re: LX base options... OTD for just under 20k ? [backy] by bhmr59
Nov 30, 2005 (7:38 pm)
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Replying to: backy (Nov 29, 2005 8:39 pm)

Doc/conveyance fee is not a tax. It is a fee the dealers keep and therefore should be considered in the price the dealer is charging.
 
Your suggested price break out makes the most sense. I was trying to point out that the doc/conveyance is strictly a dealer fee, dealer keeps it and should be part of the price the dealer quotes.
#1004 of 5383
Re: LX base options... OTD for just under 20k ? [bhmr59] by backy
Nov 30, 2005 (7:45 pm)
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Replying to: bhmr59 (Nov 30, 2005 7:38 pm)

I agree. I didn't say the doc/conveyance fee was a tax.
#1005 of 5383
Just got home with the new LX (Option Pkg 3) by metafizik
Nov 30, 2005 (10:13 pm)
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I purchased my 2nd Sonata LX in the past year from Keffer Hyundai in Charlotte, NC. I liked our 2005 LX so much I couldn't resist the 2006 after having driven it. I paid 21,200 out the door after the $3000 in rebates (Aquamarine/Tan). I guess it was an ok deal but I probably could have done better with more haggling. The taxes, tags and fees seemed a bit high but I am very happy overall. It's amazing how much different the 2 Sonatas look parked side by side. If you weren't familar with them you'd never know they were the same make and model. I can only hope the new one gives us the same troublefree performance as the 2005 has thus far. I know the wife will be happy to be driving the 2005 everyday after all the hassles we have had lately with our aging Chrysler products('94 Concorde and '94 Dakota). It's about junkyard time for those 2 vehicles.
#1007 of 5383
Re: Dealer fees: extra profit. [bhmr59] by averigejoe
Dec 01, 2005 (10:56 am)
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Replying to: bhmr59 (Nov 30, 2005 7:22 pm)

In Arizona, most dealers are charging $250 to $350 for the doc fee. Documentation? Hahaha. What a joke.
#1008 of 5383
Re: Dealer fees: extra profit. [averigejoe] by 94hawkskin
Dec 01, 2005 (12:38 pm)
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Replying to: averigejoe (Dec 01, 2005 10:56 am)

Am interested in the new Sonata, but have some questions. Is the GLS worth the extra money and are there still rebates coming from Hyundai for December? When I looked it said no incentives for the Sonata. I live in Baton Rouge and I also checked Houston.
#1009 of 5383
Re: Dealer fees: extra profit. [94hawkskin] by backy
Dec 01, 2005 (1:10 pm)
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Replying to: 94hawkskin (Dec 01, 2005 12:38 pm)

Rebates are as they were in November, but now the GLS lease deal is $189/mo, down $10.
 
I think the GLS is a great value over the GL. For about $500 you get mats (extra on the GL), fog lamps (Honda charges over $500 for those on a new Civic), alloy wheels, steering-wheel audio controls, lumbar support, automatic headlights, trip computer, chrome trim, and nicer sill plates. The alloys alone are probably worth about $500.
#1010 of 5383
Re: LX base options... OTD for just under 20k ? [bhmr59] by zen2
Dec 01, 2005 (3:11 pm)
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Replying to: bhmr59 (Nov 30, 2005 7:22 pm)

On the Sonata I paid a 55 dollar documentation fee.
This is not too bad considering what AAA and
notaries charge for doing title and registration
work. Pa. is a strange state. This was the only extra fee on my bill of sale.

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