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Hyundai Sonata Prices Paid and Buying Experience

5846 messages,  Last post on Nov 29, 2008 at 11:58 AM

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What is this discussion about? Hyundai Sonata, Sedan


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#3519 of 5846
Re: Hey Shiwala!!! [sty1] by shiwala
Jan 16, 2007 (7:58 am)
Reply

Replying to: sty1 (Jan 15, 2007 8:55 pm)

Sty1,
 
No, if you go to their website and click the "our team" link, I dealt with the top three people listed under "sales team".
 
Yes, my price was with the rebate factored in. I listed the $964 below invoice but before rebate so you can compare to your deal regardless of what the rebate is at the time.
 
We may have bought from the same dealership, but please remember that the dealership that gave me the best price yesterday may give you the worst price today. That's why you really need to contact other dealers. Here are the dealerships I contacted...
 
Hayward Hyundai
Doten Automotive Hyundai
San Leandro Hyundai
Sunnyvale Hyundai
Bob Lewis Hyundai
Stevens Creek Hyundai
Sunnyvale Hyundai
South County Nissan Hyundai
San Rafael Hyundai
Cammisa Motorcars Hyundai
Concord Hyundai
Team Hyundai
Hyundai of Fairfield
Tracy Hyundai
Go Hynudai
Fireside Hyundai
Senator Hyundai
Salinas Hyundai
Folsom Lake Hyundai
Lithia Hyundai of Fresno
Manly Hyundai
 
...and actually, I guess I contacted 21 instead of 18 like I said in my last post. I heard back from 16 of them and another one called me back in December. I sent out my faxes/emails on a Monday morning and bought the car on Thursday.
 
I asked for the OTD price including everything, but many dealerships sent me a breakdown which was ok. Make sure they know your zip so they can figure in the right taxes. Hopefully you're not screwed like me with Alameda county's high sales tax.
 
Yes, I definitely mentioned invoice price. In fact, I itemized it with the price of the car and the options I wanted. They need to know that you've done your homework.
 
OTD is not take-it-or-leave-it. As soon as I had all my offers, I called the dealerships from highest to lowest and let them know my lowest offer. Some said they couldn't go lower, others lowered their price a little (but not enough). I knew I was doing good when I got a few "oh...WOW...we can't go that low! They're losing money on that one" responses.
 
Looking back at my offers, they ranged from 23,222 to 25,488 OTD.
#3520 of 5846
Re: Hey Shiwala!!! [shiwala] by chuck1
Jan 16, 2007 (8:16 am)
Reply

Replying to: shiwala (Jan 16, 2007 7:58 am)

Do you really feel it was necessary to shop that many dealers?
 
I would think 5 or so would have been more than enough.
 
If I understand your post - you purchased from the same (low-price) dealership as somebody else.
 
So - wasn't it a point of diminishing returns - and what price is your time worth?
 
Personally, I would have gone in to the closest three dealers with what I know would have been their TRUE COST, put a profit for the dealer on top of that, and told them "take it or leave it".
 
I don't think you need to shop twenty plus dealers for this. But I guess for those who wish to minimize the negotiation process the above is what you end up doing!
#3521 of 5846
Re: Hey Shiwala!!! [chuck1] by shiwala
Jan 16, 2007 (9:14 am)
Reply

Replying to: chuck1 (Jan 16, 2007 8:16 am)

I was using the fax attack and the more dealers you fax, the more likely you are to get a response. Sending the faxes took less than an hour. I would've wasted more time driving to dealerships.
 
I purchased my car from the dealer offering me lowest price. Now sty1 is trying to purchase from the same dealer assuming they will give him the same low price as me.
#3522 of 5846
Re: Hey Shiwala!!! [shiwala] by sty1
Jan 16, 2007 (9:37 am)
Reply

Replying to: shiwala (Jan 16, 2007 9:14 am)

Shiwala, I am in Alameda County as well (sigh) somewhere in Tri-Valley area (its freezing out here).
 
But anyway, the original quote Concord Hyundai gave me was $25,300 OTD - so its not really bad considering the factory rebates are not deducted yet- though its higher by about $700 than the one they offered you. But since I "bungled" with this internet manager I will use another yahoo email and this time will send quote request to one of the "sales team" as you suggested.
 
Wish me luck!
#3523 of 5846
XM radio by sligg
Jan 16, 2007 (10:22 am)
Reply
What happens if you don't subscribe to XM radio? Can you still play the XM as a standard AM/FM radio?
#3524 of 5846
Re: XM radio [sligg] by shiwala
Jan 16, 2007 (11:07 am)
Reply

Replying to: sligg (Jan 16, 2007 10:22 am)

Sligg, I think so. I bought a sirius-ready mp3 deck a few years back and never subscribed- it works just like a regular radio.
#3525 of 5846
Re: Hey Shiwala!!! [sty1] by shiwala
Jan 16, 2007 (11:19 am)
Reply

Replying to: sty1 (Jan 16, 2007 9:37 am)

Good luck...hope you get a hot deal in this cold weather!
#3526 of 5846
TMV by sty1
Jan 16, 2007 (3:03 pm)
Reply
An internet dealer mentioned to me that he could offer a lower price than the Edmunds TMV. So I have the following questions:
 
- is TMV the same as Out the door price (guess not)
 
- if not so, how do I assess/estimate the out-the-door price relative to the TMV published in the Edmunds website?
 
- given that the dealership mentioned that they could offer below the TMV price, it goes to show that the Edmunds TMV price may not be really that low. Are there any other car sites I can compare TMV values with? I think Edmunds is a helpful site and I do not expect all Edmunds info to be accurate, or in this case assume it has the lowest TMV.
 
Also, he told me to go to the lot and check out the car and discuss the price. But anyway, the dealership doesn't have my color scheme so I am not going to pursue it further.
 
when I sent the email asking for the OTD quote, I did not say anything except that "I researched the internet". Until they come back with the OTD price did I mention the OTD price I am looking for. I asked if they could offer below $25K for the OTD and he said he'd lose money on that, but he was amenable to $25200 OTD price that I told him Concord Hyundai was offering me. How would they know if I was bluffing about the other dealerships' offer?
 
- Lastly, should I assume that the OTD quote DOES NOT YET include the hyundai factory rebate? God I hope they didnt include them yet.
 
I felt that if I was straightforward and just give them the OTD price I want, they wouldn't entertain you (especially if my offer is "ridiculous" - well that is for them). Thats why I'd want to wait until they give me a figure.
#3527 of 5846
Re: TMV [sty1] by sebzx79
Jan 16, 2007 (4:10 pm)
Reply

Replying to: sty1 (Jan 16, 2007 3:03 pm)

You'r nuts if you are going to pay 25k out the door for a Sonata. Go get your self a left over 2006 Azera for about the same money. If you dont mind the cloth interior you can get it for around 19.2k plus tax.
#3528 of 5846
Re: TMV [sebzx79] by sty1
Jan 16, 2007 (4:16 pm)
Reply

Replying to: sebzx79 (Jan 16, 2007 4:10 pm)

Sebzx, I have a $1,500 hyundai rebate that I can use to apply to the OTD price. I just hope but am feeling pretty sure that the OTD price typically comes out of the invoice price computation with TTL and does not yet include the Hyundai customer rebate of $1500 (Hyundai currently offers only $1K but I have an auto-show $500 extra rebate. Both expire on 1/31 so I'm thinking about buying soon).
 
If anyone dealer in bay area is reading this and can offer $24900 OTD OR LESS , WE HAVE A DEAL

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