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Prices Paid: Buying & Leasing Experiences Hyundai Sonata Prices Paid and Buying Experience
5761 messages, Last post on Oct 10, 2008 at 5:41 AM
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Replying to: maudlin (Jul 04, 2005 5:34 pm) This was posted in the 2006+ forum and got an all CAPITAL response from a salesperson... so it must work! ------------------------------------------------------------------------------------------- ---------------------- What I would suggest is first get the carsdirect.com price on the Sonata trim you want... there is your ceiling. Then e-mail every Hyundai dealer within a 200 mile radius stating you a a ready and willing buyer (within 72 hours) and that you are looking for a certain color.. let them know you already have an offer $___BELOW invoice on another Sonata but it is the wrong color etc.(Just state it a fact and that you are a busy person who is looking to buy within days) Once you get some bites contact the dealer directly and ask for a fax quote or have them e-mail you all the specifics that will serve as solid quotes with again another ceiling to what you will pay. IF you don't get good results with the 200 mile radius branch out nationwide and ask for quotes in competitive markets (ie Los Angeles). A quote is still ammunition to deal with your local dealers. Realize som dealers will deal off MSRP and some won't... its your job to find the most motivated dealers they are out there...it may be a 150 mile drive but it'd worth it to save $$$$. Do not mention APR or trade yet! Get them to give you their lowest price on the car you want first! Mine was $400 UNDER invoice on a new LX. Then after you have confirmed the price... look on the internet for the best loan rates you could qualify for. Start with costco and credit unions (almost everyone is eligable to join some credit union might just be because you live in a city etc.) All these places list their rates online. Print these out and when you go to buy your Sonata, tell them that you can get these rates but you would rather use Hyundai Financing so you don't have to wait a couple days to line things up. Then talk trade (if you have one) make sure you try to negotiate private party prices if the dealer low balls you, keep your car a sell it on your own. Once you are ready to talk only deal with the dealers "internet" or "fleet" managers thes are the ones who have the leeway to offer you the below invoice deals. TREAT ALL THE ITEMS AS COMPLETE AND SEPERATE NEGOTIATIONS (PRICE, FINANCING, TRADE) Never let them talk "payments" you don't care! As long as you get a good price and good APR the payments will fall in line. My last 3 cars I have NEVER paid more than $100 over invoice. It can be done and done fast if you are smart and persistent about it. The internet is wonderful , I emailed about 20 Hyundai dealers (all of So. Cal) and got back about 5 legit offers all way below MSRP. It took me a grand totl of three days to nail down what I though was the best offer I could get with the Sonata being so new. One last point... the LX Sonata is a wonderful car it puts the fun back into driving and looks great. Trust me even at MSRP this car is worth EVERY penny... GOOD LUCK!
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Replying to: boltman (Jul 07, 2005 8:43 pm) Thank you so much. It was a very informative reply. Is it possible for you to give me the breakup of the price you paid. When you said $400 below invoice, was it inclusive of delivery charge, advertisement fee etc? Once again thank you for a ery informative response. Regards, Dave
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Replying to: maudlin (Jul 08, 2005 12:22 pm) Good luck. |
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I posted a long message on the 2006 sonata board but want to post the $$$ I was told at my dealer in SC. GL was 19500 MSRP and they said 19200 is the best they can do. I said some are going for 200 over invoice of 18000 or 18200. They said no way. Said LX's were going at 250 below MSRP. Same for the GLS's. Hyundai better call Honda and Toyota cause they're selling at or below invoice. I won't pay 19200 for a GL 2006 sonata period.
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Replying to: chevymalibu (Jul 10, 2005 5:40 pm) Can you blame Ford dealers for marking up above MSRP on the GT 8 cylinder knowing full well there are back orders for them. Again demand outstripping the supply. As many posters have said here time after time, you don't want to pay close to msrp than wait a while. If you are one of those who have to have it now, than don't blame the dealers.
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Replying to: norne (Jul 10, 2005 6:38 pm) |
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Just purchased a 2006 GLS V6 w/ sunroof from dealer in LA. Paid $21595 +TL (including transferable 10/100 bumper to bumber upgrade service plan and minus $500 owner loyalty rebate) MSRP was $22345. $20600 for car ($20615 invoice w/o Ad fees) + $1495 for service plan - $500 owner loyalty rebate $21595 total +Tax & License (no tax on the service plan) Considering that most dealers are tacking on $500 for Ad fees to invoice and would have considered $500 for service plan a good deal, feel like I paid $500 over invoice. Not bad for a dealer 2 miles from house that received their first V6 3 days earlier.
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Bought my new 2006 Sonata LX with moonroof and other goodies today for $22,500 + TTL. Only found 2 LX's for sale within a 500 mile radius. (none to be found in the Minneapolis area at all) Financed through the dealership at 4.65%. I was afraid I would have a hard time working the dealer down from MSRP due to supply/demand issues in my area, so I was very happy with the price I paid. Took home one in Deepwater Blue--love this color. Looks black in the shade, but once the sun hits it-what a beautiful shade of blue! On my drive home I stopped for gas, had two guys asking about the car and they loved the color. Never had anyone comment on a car I was driving (well, at least not favorably) so was fun experience for me.
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Replying to: baron71 (Jul 11, 2005 11:21 pm)
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Replying to: norne (Jul 10, 2005 6:38 pm) |
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