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Hyundai Sonata Prices Paid and Buying Experience

5169 messages,  Last post on Jul 23, 2008 at 7:30 PM

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What is this discussion about? Hyundai Sonata, Sedan


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#2047 of 5169
Extended Warranty by ksdriver
May 10, 2006 (8:40 am)
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I just purchased a new Sonata LX and love the car. I have had both an Accord owner and a Lexus owner comment how it compares very favorably with their cars. Initially I turned down the 100,000 mile bumper to bumper warranty, but am thinking twice about it. It was priced to me at $999. Is that a firm price, and is it worth it. Would appreciate any opinions.
#2048 of 5169
Re: Extended Warranty [ksdriver] by osaka75
May 10, 2006 (10:50 am)
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Replying to: ksdriver (May 10, 2006 8:40 am)

I don't know so much about the price. However, I spoke to my dealer about the bumper to bumper warranty. They actually had two products. One backed by Hyundai and one backed by another company. The price they asked for was $995. Both were refundable if you decided that you didn't want it. However, the pro-rated amount started from the purchase date of the car (or maybe the contract?). So, if you drove exactly 5 years and 60,000 miles then asked for a refund you'd only get 50% back even though the warranty would not have been any use to you since the original warranty would cover everything. Ask your dealer for details. Then, I was told that if you sell the car before 100,000 miles, the Hyundai backed 100,000 mile bumper to bumper warranty would only tranfer the non-power train coverage to the new owner. Additionally, the original 10/100,000 power train warranty that comes with the car does not transfer to the new owner. (Sort of stupid and unfair of Hyundai, I think.) The extended warranty that was backed by the third party would transfer fully to the new owner. The brochure for that one said "The Mechanic" on the top front of the tri-fold brochure. It was the Gold membership that was offered to me. My dealer's finance office suggested that one over the Hyundai one. (Don't know if he had an incentive to do so.)
 
Anyway, make sure to ask questions so you know the exact details of what is covered. Hopefully someone else on this site can help you with suggestions for a good price. Good luck.
#2049 of 5169
Re: We need to be honest here wheeldeal [craigmri] by bfridell
May 10, 2006 (12:58 pm)
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Replying to: craigmri (May 07, 2006 7:31 pm)

I did have a trade in. Where do you live?
#2050 of 5169
Fees.... by sleeperbee
May 10, 2006 (1:41 pm)
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Made what I thought was a fair deal on a 2006 Sonata GLS, but I told them I wanted to check pricing elsewhere when they want an ADDITIONAL $845.00 in fees:
 
$500 advertising fee
$345 dealer doc. fee
 
I realize that the doc fees can vary wildly, but what's up wuth the advertising fee???
#2051 of 5169
Re: Extended Warranty [osaka75] by ksdriver
May 10, 2006 (2:25 pm)
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Replying to: osaka75 (May 10, 2006 10:50 am)

Thank you for the information. The one that was offered to me was the Hyundai backed warranty. That was more appealing because it is backed by the manufacturer. The 3rd. party warranty is only as good as the company backing it and may not even be around in a few years when it is needed. I have a grace period to decide so would like any other suggestions.
#2052 of 5169
Re: We need to be honest here wheeldeal [wheeldeal] by miamixt
May 10, 2006 (3:50 pm)
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Replying to: wheeldeal (May 04, 2006 6:56 pm)

"Just to be clear, you got $18.5K out-the-door (with Tax, tags, license included) for a brand new 2006 Sonata LX with sunroof with under 100 miles on the ODO? If so, which dealer"?
 
No, it was more like 120 on the ODO. Potamkin South Hyundai, Miami Florida.
#2053 of 5169
Re: Fees.... [sleeperbee] by bhmr59
May 10, 2006 (3:57 pm)
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Replying to: sleeperbee (May 10, 2006 1:41 pm)

Any adv. fee and doc. fee is a part of the price of the car. If they're offering the car at $18,000, they're really charging you $18,845.
 
Some say the adv. fee is legit for some dealers who participate in a company advertising program. Others say it's BS since advertising is a cost of doing business.
 
You need to focus on what the dealer is charging you before fees paid to the state like tax, registration, title, etc.
 
You didn't say what the "fair deal" price was, but it sounds like they quoted a low ball figure and then were planning to hit you with add-ons by these fees.
 
I bought from a dealer whose doc. fee was almost $100 higher than a local dealer, but my actual cost was over $1500 lower. Be concerned about the price you pay to the dealer, not necessarily the break down of the price.
#2054 of 5169
No one can take the fun out of the new Sonata by miamixt
May 10, 2006 (4:21 pm)
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Replying to: tb88 (May 05, 2006 10:19 pm)

Don't let what he paid for his car ruin your fun!If you go back and read his posts he will tell you that he got a car which sat for 6 months in the dealer's lot, by the sea; and went thru 2-3 hurricanes... so far he had the brakes replaced and bodywork I believe; and a few other things...
So, relax and enjoy your car; and don't let anybody spoil your fun!
 
Actually two really bad Hurricanes, and after the last one my Elantra looked like it was growing a coat of grass!. I am by the Sea, and I saw my Dealer replace my rusted Rotors. In fact they all rust, no biggie, check yours. True my LX was one of the first made on 09/30/05, and had a few scratches, so invest in a sharpie marker or Hyundai paint pen. As far as bodywork, the bodywork ploy allowed me to purchase a discounted GLS V6 with all options, and then turn the deal upside down, walking away with a fully loaded LX, as the GLS "went missing"?. And even though I will stick with my figures as certified by averiegejoe, , all I paid was a trade (a low mileage Elantra), and a check for $9250. To obtain that special price, we are looking at a $17K V6 LX, with all options & all rebates included, add T & L, lol
#2055 of 5169
Re: Extended Warranty [osaka75] by backy
May 10, 2006 (8:33 pm)
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Replying to: osaka75 (May 10, 2006 10:50 am)

If this is true then it is a major change for the Hyundai extended warranty. In the past it has always been fully transferrable to other owners--including the 10 year powertrain warranty. You might ask to see the warranty documents to confirm this. Sometimes salespeople are mistaken on details like that.
 
The warranty prices are negotiable. You can buy the Hyundai extended warranty from any dealer. You might call around and see what kind of offers you can get.
#2056 of 5169
Re: Fees.... [bhmr59] by sleeperbee
May 10, 2006 (8:34 pm)
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Replying to: bhmr59 (May 10, 2006 3:57 pm)

$200 under invoice, but the invoice has the $500 ad. fee listed so it's $500 over the edmunds.com invoice figures. The doc. fee is supposedly fixed at $345.
 
I'm in sales also. If I hit my customers with an "advertising" charge, they would laugh me out of their office and find somebody else to deal with!!!

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