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Prices Paid: Buying & Leasing Experiences Hyundai Sonata Prices Paid and Buying Experience
5752 messages, Last post on Oct 07, 2008 at 5:31 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
| I am in the market for a new car and am considering the Sonata either in the 4 or six cylinder with automatic transmission. Would appreciate any price information from people who have recently purchased a Sonata in the San Antonio/Austin and Corpus Christi area. I have gone to dealers in the local area and have learned that the prices often listed in the newspaper are not what you actually pay as the dealership adds things such as window etching, etc which often drive the price up by as much as $1,000.00 so would like to hear what others have actually paid in this area. | |
Well I finally bought a new Hyundai. I bought a 2006 Sonata GLS Premium. (Same car as the LX in the US). I paid 29,600 all fees etc included, with 5 years 0% financing. I would have got the car for 26,600 if I hadn't financed it. All prices are in Canadian Peso's. I went to 3 dealerships and got them to knock of 1500.00 of the price of the car and that was all I could do up here in Canada. Yo folks in the states get some really good discounts but the 0% financing for 5 years helps make up for the highter price. I can't wait to get it, 3 days and counting!!!!!! 
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Replying to: bae146 (Apr 22, 2006 1:10 pm) Maybe you should have offered to pay in renimnbi. |
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Was wondering your noted price of $29,600 Canadian for the GLS Premium Sonata, is that all inclusive? - Including the taxes? Which city / province? I'm in Ottawa and I'm considering the same model. tx.
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Replying to: fullofbeans (Apr 22, 2006 5:26 pm)
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Replying to: bae146 (Apr 22, 2006 10:02 pm) At just 10% interest, I'll be ahead after 5 years.
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Replying to: njerald (Apr 23, 2006 8:26 am) |
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Replying to: bae146 (Apr 23, 2006 12:33 pm) If you had taken the rebate you would have had to finance elsewhere and pay $4,500 interest over 5 years, according to you. So on a $30,000 car, you are paying at 0% interest, $30,000 over 5 years. I pay cash and get it for $27,000 and invest the extra $3,000 at 10% and it be worth $4,830 in 5 years. Out of pocket after 5 years, $30,000 - $4,830 = $25,170. Yes, you can get a better deal at 0% interest than 5.5% interest but not a better deal than cash with a rebate. Number 1 rule of finance - Never borrow money on a depreciating asset. |
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Replying to: nanz79 (Apr 19, 2006 9:38 pm)
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Replying to: njerald (Apr 23, 2006 4:20 pm) This is not always true. What if you can get a loan for lets say 5%. Then you can take the money you had planned on for the car and invest it at 10%. Seems like a net of 5% to me.
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