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Hyundai Sonata Prices Paid and Buying Experience

6609 messages,  Last post on Nov 27, 2009 at 1:06 PM

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What is this discussion about? Hyundai Sonata, Sedan


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#3989 of 6609
2007 Sonata GLS best pricing? by geffen
Jul 17, 2007 (3:51 pm)
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I'm trying to find the best pricing i've seen prices all across the board on Sonata's theres a Hyundai dealership near me that has an 07 Sonata GLS the MSRP is $19,280 and dealer invoice is $18,633 i know theres a $2,000 rebate which would bring the price down to $16,633 but how are people getting deals down to $14,500 ?? am I missing something?
#3990 of 6609
Re: hi!!.plz tell me 2007 sonata limited price [starachi] by macakava
Jul 17, 2007 (4:51 pm)
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Replying to: starachi (Jul 17, 2007 5:42 am)

Per my earlier post #3964, I aggressively negotiated and recently bought a new 2007 Sonata Limited for $19600 + 3% NC tax. I also aggressively negotiated for my trade-in as well.
 
Without the low cost options I had, I would say that you could get it for not more than $19500.
#3991 of 6609
Re: 2007 Sonata GLS best pricing? [geffen] by bhmr59
Jul 17, 2007 (5:42 pm)
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Replying to: geffen (Jul 17, 2007 3:51 pm)

It all depends upon what the dealers in your area are offering OR how far you are willing to travel to pick up the car once you make the deal.
 
Towne Hyundai's current internet deal is $1500 under invoice plus $500 owner loyalty, for those who qualify, (plus the Hyundai standard $2K rebate you mentioned). The car you mention would have a price of $14,633 in Towne's current offering. Not quite the $14,500 but pretty darn close. Towne also has a $189 doc fee. Some of the prices reported here may not include doc fees or any other dealer fees.
 
(That's why I like to see prices reported as MSRP, invoice, dealer price, any rebates, doc fees, any other dealer fees [like extra charge for handling DMV paper], to = the price plus registration and sales tax.)
#3992 of 6609
Re: 2007 Sonata GLS best pricing? [bhmr59] by geffen
Jul 17, 2007 (5:47 pm)
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Replying to: bhmr59 (Jul 17, 2007 5:42 pm)

I live in Michigan and checked a few different dealerships and they aren't offering anything close to the prices I see on edmunds the only way to get the additional rebates it seems you have to be a recent college grad or be in the military.
#3993 of 6609
Re: 2007 Sonata GLS best pricing? [geffen] by coolrain
Jul 17, 2007 (8:14 pm)
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Replying to: geffen (Jul 17, 2007 3:51 pm)

have you tried getting internet quotes through their fleet dept? my experience has been that once you step into the dealership, if you haven't already been in contact with their internet dept, you'll more likely than not be quoted a higher bottom line price. commissions are higher.
#3994 of 6609
2007 Sonata GLS best Price? by yonghan77
Jul 19, 2007 (8:21 am)
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I would like to buy Sonata GLS with an automatic transmission. What is the reasonable price?
thank you
#3995 of 6609
Sonata GLS by joedie
Jul 19, 2007 (8:38 am)
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Thanks for all your replies to my question about best price for a 2007 Sonata GLS. I gave up on Hyundai. After going to the dealership two times and doing all the research online and calling around and reading everything here. My experience: Go with internet infromation copied in hand. Prices advertised mean nothng as most of you know I don't now anyone who wants the most basic car used as a base price. The big turn off was the pressure to use the balloon financing. And the limit on down payment. I wanted to put 5000 down and they would only take 2000. Monthly payments would be low, but the after three years the last payment is 10,000. plus. Who wants to pay that much when the car is that old. It is possible to get the low price and refinance on your own after a few months or pay it off if you have the cash. After three years they said just bring the car back. When I said I wanted to see the terms for bringing the car back after three years, they said I would see it in the contract at signing. I walked. I bought a 2007 Saturn VUE V6. zero% interest, 5000 down. Something totally different than I started out looking for. A great decision. Do your research and you will be happy.
#3996 of 6609
FYI by jefferson1964
Jul 19, 2007 (2:15 pm)
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I purchased a 2007 Sonata in June and have been very pleased. I think i may trade in my daily driver and get another sonata and so stopped by a local dealer in the DFW area. The internet sales manager said the Balloon note rebate had increased to $1,800 until July 31 in addition to the $2,000 rebate.
 
He said their were rumors that since the current rebate offers were only in effect from July 10-31 that larger rebates would be offered to clear out the remaining 2007 inventory.
 
The dealer i stopped by had over 100 2007's on the lot as of July 14 of course most of them the V6. Well i'll probably wait until Aug. 1 to make up my mind as i dont see the rebates decreasing for the sonata but more of a possibility of increasing or staying the same. Ive been quoted time and again to go pick one off the lot and they would take $4,000 off from dealer invoice, not tooo bad...
#3997 of 6609
Re: Sonata GLS [joedie] by jefferson1964
Jul 19, 2007 (2:28 pm)
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Replying to: joedie (Jul 19, 2007 8:38 am)

The VUE is nice....however, i used the Balloon financing to get the extra $1,500 off at the time. My dealer had told me i could not pay off the balloon, but has since said i could get the not refinanced or pay it off early with no penalty.
 
I like the balloon with the options to turn in the car after 2 years, refinance or payoff the balloon after two years, trade in the car for another hyundai with no fee.
 
Heck ya get a chance to use the car for 2 years to "try" it out and if any major problems or just dont like it flip em the keys after 2 years and no hard feelings. If it works out for ya keep the car, if ya like the look of the 09' hyundai trade it in.....those options are great to me.
 
I dont know about the 5K down, but i would of just put the 2K down took the cheap balloon payments kept the 3K in my pocket or just right out financed the car and put the 5K down but you would have lost the $1,800...
 
I purchased an 07 GLS 4 cyl $1,900 down payments of $174/month...i bet the VUE payments are more...i ran the numbers on the sonata to finance and even at 72 months same money down it would have been over $200/month
#3998 of 6609
Re: Is $14,633 good for a '07 GLS automatic? [adrew1] by jefferson1964
Jul 19, 2007 (2:53 pm)
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Replying to: adrew1 (Jul 10, 2007 8:47 pm)

Thats a very good price...much better than my price...but i did get tinted windows, xm and power package for $15,500 from Vandergriff Hyundai in Arlington. My wife drives the car and i cannot hear the engine running its sooo quiet....beats my Vibe any day....

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