Last post on Nov 08, 2013 at 3:09 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Hyundai Sonata, Sedan
#2734 of 8898 Re: Well... I'm sorry if I got us off on a tangent.. [kyfdx]
Jul 30, 2006 (6:54 pm)
I'm not making judgements on the car itself, or the total cost of ownership... The Sonata may be the greatest car ever manufactured, but it doesn't hold it's value very well.
How do we know what 2006-2007 Sonata's will sell for 5 years down the road? All I have to go by is the fast-rising quality of Hyndai's, which is now in the same ballpark with Honda and Toyota. Forget about 1994 Hyundai's. This is 2006.
#2735 of 8898 Re: Re-sale value
Jul 30, 2006 (7:08 pm)
I realize some people buy a car so they can sell it. Others, and I am sure a very large number of people, buy a car to run it into the ground. Ergo, the current perception of Hyundai means zip. In ~~5-10 years with the quality now seen and value provided, Toyota & Honda will be having issues with people such as yourself as the market "perceives" Hyundais in a better light translating to better resale value. So the lesson seems to be, if you want to buy a car to sell it, today you should by a Honda or Toyota. For those who want to buy a car today and use it, give the Hyundai a go. Can't wait to pick mine up tomorrow. X-Camry owner...
Whatever you buy, I wish you all the best!
#2736 of 8898 Re: J D Powers survey... [jlemoine]
Jul 30, 2006 (7:14 pm)
I owned a Volvo S80. Original MSRP was ~45k. I bought it once it was 5 years old for $20k. If I had not picked up the extended warranty, I would be bankrupt by now. More expensive cars definitely do not necessarily translate to better / more reliable cars. Look at all the issues Mercedes had over the past couple of years. Quality issues, making electronic modules work in synch killed their quality and reliabilty....just food for thought..
All the best,
#2737 of 8898 Re: Resale... [isellhondas]
Jul 30, 2006 (7:23 pm)
Consider the hundreds of millions of $ the U.S. auto industry pays for advertisement. This most consider a smart us of their money. Isn't the 10year warranty doing the same thing - It's marketing. It's influencing perceptions. Once you see, feel, hear, read, drive the Hyundai, the impression is difficult to forget. The last place I thought I would like a car was in Hyundai. What had me in there was a recent car rental. It was ...shocking. Then to get a V6 for $17k with this quality ride, performance, and yes, warranties (10yr drive train; 5 year bumper to bumper, road side, etc, etc.). It just seems completely off base to consider the 10 year warranty a weakness. It is marketing pure and simple.
I just hope that Ford & GM can largely reduce their legacy costs so that they can provide the same type of overall quality product/service. The burden they have is so tremendous compared to these other companies. It almost forcest them to cut corners and the cost/quality/value disadvantage is too much right now.
#2738 of 8898 Re: 2007 SE in Tampa FL [w9cw]
Jul 30, 2006 (7:27 pm)
Wow. Nice price. Won't tell the wife about that one... So much for me being the consumate negotiator... I am in the NY metro area. I wonder if that plays a part.
Did you buy it?
Thanks for the experience.
#2739 of 8898 Re: Yeah, I know... [isellhondas]
Jul 30, 2006 (7:33 pm)
Give it time. If you were to invest money right now you would likely be more interested in an up and coming company that a well established one...Same goes for Hyundai.
Maybe you or your kids will someday have a handle along the lines "isellhyundais" All in jest but the point is the cars of last year and this year are not "your father's..." Hyundias.
As many of the positive Hyundai posters have stated, "Time will tell."
#2740 of 8898 Thy're All Good!
Jul 31, 2006 (3:10 am)
Hyundai, Toyota, Honda, Mazda, they all make decent cars!! Fact of the matter is most of independent surveys back me up about that. What it comes down to is personal taste and priorities. For some consumers it's brand loyalty for others it's overall cost. You'll never convince a new car owner that he or she bought the wrong car based on your's or my standard. For me I found the lower cost and longer warranty the main reason why I went with a Hyundai again, I'm extremely happy with my purchase and don't have any buyers remorse because I did my homework BEFORE I bought the car, not after. The only one any of us has to convince is ourselves and this great debate as to what brand is better will go on forever. That being said I think we can all agree if you didn't buy a Hyundai you got ripped off!!!
#2741 of 8898 Today's the last day...
Jul 31, 2006 (4:28 am)
Well I guess that we'll be seeing what Hyundai (as well as every other manufacturer) is going to do with the rebates after today. Having work in car sales in the past, I always get the biggest chuckle out the dealerships and commercials pushing customers to hurry before the rebates end at the end of the month.
#2742 of 8898 Re: Yeah, I know... [cajuncycler]
Jul 31, 2006 (5:36 am)
Hondas have a 5 year, 60,000 mile powertrain warranty.
#2743 of 8898 Re: Resale... [bobad]
Jul 31, 2006 (5:37 am)
Well, good luck trying to get a private party to pay you retail book for a Korean car much less over book.
I suppose anything is possible...