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Hyundai Sonata Prices Paid and Buying Experience

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

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Hyundai Sonata, Sedan


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#1298 of 5383
Re: The Dealership: Hyundai's Achilles Heel [kyfdx] by halflab
Jan 16, 2006 (9:17 pm)
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Replying to: kyfdx (Jan 16, 2006 8:43 pm)

No names or profanity-got it.
Here it goes:
I don’t have extensive credit history so I knew that obtaining financing at a really good rate would be difficult but I was prepared for this.
I went to a Brooklyn dealership and I negotiated the price on a GLS V6 with sunroof. The dealership insisted that the rebate was taxable (price+delivery+TTL-Rebate=OTD) which I thought was a little off. I was ok with it though because I was comfortable with the price.
The finance guy told me that it would be difficult to get financing because of my lack of credit history (again, I was prepared for this). I was told to stop by the next day to pick up the car. Lo and behold the dealership could not find a lender. I was told to call the next day which I did. However, the salesperson and finance guy would not return my phone calls. This went on for another day and I finally went it to face a barrage of excuses. When I cancelled the deal, the manager, salesperson and finance guy got upset when I would not give them another chance.
The Manhattan dealership offered me a rate of 20.5% ! And that’s after the manager pulled some strings to get me a loan.
I gave a $3k down payment and was assured by two salesmen that the money would be refunded the same day if I declined the deal. They lied. I declined the deal but the dealership has not refunded my money and it’s been almost three weeks. I recently found out that retailers including car dealerships are supposed to post their refund policy as per NYS retail. This dealership has not posted a refund policy and is in clear violation of the law.
I’ve contacted my bank in order to receive a charge-back, I have submitted a complaint to Hyundai, and the BBB and I’m filing a complaint with the NYS Attorney General.
 
Sorry for the lengthy post
#1299 of 5383
Re: The Dealership: Hyundai's Achilles Heel [halflab] by backy
Jan 16, 2006 (11:35 pm)
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Replying to: halflab (Jan 16, 2006 9:17 pm)

I think the dealer acted improperly; however, for the future, there is no reason you should need to post a $3000 down payment on a car before all terms are agreed to.
#1300 of 5383
Hyundai by tobykunkle
Jan 16, 2006 (11:41 pm)
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I have a question. If you by a hyundai at a dealer that is farther away from your house because that dealer gives you a better deal can you take it to the closes dealer to have it serviced under warranty. Thank you
#1301 of 5383
Re: Hyundai [tobykunkle] by backy
Jan 17, 2006 (1:00 am)
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Replying to: tobykunkle (Jan 16, 2006 11:41 pm)

Certainly. I have done just that with my two Elantras.
#1302 of 5383
Re: The Dealership: Hyundai's Achilles Heel [backy] by halflab
Jan 17, 2006 (5:16 am)
Reply

Replying to: backy (Jan 16, 2006 11:35 pm)

The dealership asked for my credit card as I was reading over the contract. I signed the contract but declined the deal the next day because I did not want to pay over $10,000 in finance charges for a car that costs $21,000(after TTL).
#1303 of 5383
Rebates taxable? by mrenginear
Jan 17, 2006 (9:11 am)
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I was told by the dealer when I bought the car that I need to pay tax on the pre-rebate price, then apply the rebate to reduce how much I really owe. The reason was that they said the rebate is used to help pay for the car, and does not reduce the purchase price.
 
Any other experieces?
#1304 of 5383
Re: Rebates taxable? [mrenginear] by kyfdx HOST
Jan 17, 2006 (9:27 am)
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Replying to: mrenginear (Jan 17, 2006 9:11 am)

That is almost always the case....
#1305 of 5383
final price (central california) by candra
Jan 17, 2006 (12:51 pm)
Reply
GLS 4cyl
opt package 4
gold trim (emblems and whatnot)
black w/grey int.
 
$19499
-500 4cyl rebate
-1000 hyundai financing rebate
= 17999 +fees
i feel happy with this and i love my car!
#1306 of 5383
GLS4 in the Chicago area by skim1124
Jan 17, 2006 (5:53 pm)
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After doing lots of research--including reading this forum--I just bought a GLS4 for $15561 (after $500 rebate and $1000 HMFC rebate) + TTL for an OTD price of $17012. This was at Howard Hyundai in Elmhurst. I got the $15561 quote through the internet and subsequent emails from the dealer. They told me that there would be no hidden or surprise charges when I went in to buy, and that turned out to be the case. I'm very happy with the car, the price, and the whole purchasing experience.
#1307 of 5383
Re: GLS4 in the Chicago area [skim1124] by backy
Jan 17, 2006 (8:26 pm)
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Replying to: skim1124 (Jan 17, 2006 5:53 pm)

Wow, that is a great deal--nearly $1500 under invoice!

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