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Hyundai Sonata Prices Paid and Buying Experience

5384 messages,  Last post on Aug 21, 2008 at 7:56 PM

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What is this discussion about? Hyundai Sonata, Sedan


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#1828 of 5384
Re: V6 April Rebates [tb88] by 94hawkskin
Apr 04, 2006 (2:26 pm)
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Replying to: tb88 (Apr 04, 2006 5:24 am)

Looks like people who bought between November and March got great deals compared to these new rebates. I think they will come back, but when? I bought mine in December and am glad I did.
 
It also looks like the V6 is becoming a better deal all the time. It now has a standard $2K rebate compared to the $500 rebate for a I4. Also more dealers seem to bend on their price more for the V6.
 
They also took the valued owner rebate down from $1K to $500 for all trims.
 
The maximum rebates you could get in March are excluding college and military rebates:
 
V6 Models: $3K ($1K for standard rebate, $1K for HMFC, and $1K for Previous Ownership)
 
I4: $2500 ($500 for standard rebate, $1K for HMFC, and $1K for Previous Ownership)
 
Now the Maximum you can get is the following excluding military and college rebates:
 
V6: $2500 ($2K for standard rebate and $500 for previous ownership)
 
I4: Here is where it really makes a difference. $1000 ($500 for standard rebate and $500 for previous ownership).
#1829 of 5384
Re: V6 April Rebates [94hawkskin] by averigejoe
Apr 04, 2006 (5:04 pm)
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Replying to: 94hawkskin (Apr 04, 2006 2:26 pm)

Better not count on lower prices in the future.
Material costs including steel and others, are skyrocketing. Transportation costs, including oil are too. This is in part due to the devaluation of the U.S. dollar and in part due to increased demand for materials and oil, chiefly in China.
Look at house prices. Some of their increases are due to materials and labor and transportation costs. Some of the increase is due to easy credit. Some (much) is due to speculators who were looking to ride the wave to its top and then unload. The unloading is beginning right about now.
As the real estate bubble continues to deflate, people will choose to spend their devalued credit dollars elsewhere. Maybe the stock market, maybe gold or silver, maybe commodities. But maybe consumer goods in an effort to own at least something tangible and arguably useful during a time of rapid debasement of the dollar. And consumer goods includes cars.
U.S. car makers are so far in debt it is not likely they will pull out of their predicaments without bankruptcies, which drives up prices for everyone. And, if more U.S. car nameplates are abandoned, competition is decreased which also usually causes prices to increase.
In spite of what appear to be historical highs, the Dow industrials, in terms of real money (gold and silver), are still down 50% from their highs a few years ago, and are still headed lower.
The current rebates on Sonata are still pretty attractive if you have any money or credit left.
Good luck and enjoy these exciting financial times. These are the good old days we'll remember in decades to come.
#1830 of 5384
Please help me by badday
Apr 05, 2006 (4:59 pm)
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I bought a Sonata LX on Apr 1st at 18xxx OTD. The OTD price was negociated thru emails and phone calls before I went into the dealership. Today (Apr 5th) I got a phone call from them saying that the $2000 cash rebate and $1000 finance rebate cannot be had at the same time (which is obviously a lie). They asked me to go back and re-sign the contract but they will keep my financing balance and term the same. It sounds like I don't lose anything but I just don't trust them because they tried several times to fool me even with the printed email with the OTD price on it when I went in to buy it. What should I do? Any suggestion would be greatly appreciated!
#1832 of 5384
Re: Please help me [badday] by backy
Apr 05, 2006 (6:18 pm)
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Replying to: badday (Apr 05, 2006 4:59 pm)

You don't have to do anything if you don't want to. It was their mistake. You have a signed contract. It is a contract of adhesion (meaning they dictated the terms), so any errors will be construed in your favor. If you have a lawyer, you could tell them, "Call my lawyer."
#1833 of 5384
Re: Dealers don't lie, right? Please help me [badday] by averigejoe
Apr 05, 2006 (6:23 pm)
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Replying to: badday (Apr 05, 2006 4:59 pm)

The rebates changed after March.
If your purchase price and financing terms stay the same, help the dealer out and re-do the contract.
What's the harm?
Sounds like they made a paperwork mistake, but are willing to let you keep the benefit of it. They just want to clean up their paperwork.
#1834 of 5384
Re: Please help me [badday] by tb88
Apr 05, 2006 (7:17 pm)
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Replying to: badday (Apr 05, 2006 4:59 pm)

When you sign the papers, you sign to the dealer the Rebates... and it is like you gave them a check provided it clears. If it doesn't, then you are liable for that amount.
I don't think you will be able to legally keep the $2,000 and get the 2.9% financing + 1,000... even though it was their mistake!
#1835 of 5384
Re: Dealers don't lie, right? Please help me [averigejoe] by badday
Apr 05, 2006 (7:25 pm)
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Replying to: averigejoe (Apr 05, 2006 6:23 pm)

Well said, averigejoe, if that's the truth, I would be glad to help them out. The problem is that I cannot trust them because the horrible experience that I had with them. I am worried that there are some gimmicks in it
#1836 of 5384
Re: Please help me [tb88] by badday
Apr 05, 2006 (7:28 pm)
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Replying to: tb88 (Apr 05, 2006 7:17 pm)

they didn't give me 2.9%. They gave me 8.x% and told me that I have to wait 3 months to pay off the loan to get the 1000 financing rebate. They treated me badly, they didn't even give me a full tank of gas!!
#1837 of 5384
Re: Please help me [badday] by dripgoss
Apr 05, 2006 (7:34 pm)
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Replying to: badday (Apr 05, 2006 7:28 pm)

badday, YOU need to be diligent with the math - don't leave it to the dealer. If they were trying to scam you originally, what makes you think they'll straighten up now that they're requesting something from you...
 
Go read a site like carbuyingtips.com - especially the part regarding the "come back in and re-sign paperwork" scam dealers pull all the time...

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