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Hyundai Sonata Prices Paid and Buying Experience

5427 messages,  Last post on Aug 29, 2008 at 12:29 PM

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What is this discussion about? Hyundai Sonata, Sedan


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#3996 of 5427
FYI by jefferson1964
Jul 19, 2007 (3:15 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 5427
Re: Sonata GLS [joedie] by jefferson1964
Jul 19, 2007 (3:28 pm)
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Replying to: joedie (Jul 19, 2007 9:38 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 5427
Re: Is $14,633 good for a '07 GLS automatic? [adrew1] by jefferson1964
Jul 19, 2007 (3:53 pm)
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Replying to: adrew1 (Jul 10, 2007 9:47 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....
#3999 of 5427
Re: Is $14,633 good for a '07 GLS automatic? [jefferson1964] by macakava
Jul 20, 2007 (8:29 am)
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Replying to: jefferson1964 (Jul 19, 2007 3:53 pm)

Johnson Hyundai in Cary, NC advertized 2007 new GLS I4 automatic for $13995 recently. Check it out.
#4000 of 5427
Re: Looking to buy Sonata [iper] by cuweind
Jul 26, 2007 (7:33 am)
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Replying to: iper (Jun 15, 2006 9:23 pm)

I recieved two quotes yesterday for 2007 Hyundai Sonata GLS base model Manual transmission. 14987$ (with a new college grad 500$ discount) in Natick by HerbConnolly in Natick, MA. Another was from Claychevrolet with a price quoted for 15000$.
#4001 of 5427
for looking by joedie
Jul 26, 2007 (8:32 am)
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iper, Those are great prices. Post back and let us know what kind of financing they can give you. I'm very curious because I was all set to buy a sonata and then was turned off by the sale people and their terms.
#4002 of 5427
Re: for looking [joedie] by cuweind
Jul 26, 2007 (12:02 pm)
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Replying to: joedie (Jul 26, 2007 8:32 am)

I just heard back from Clay Chevrolet Honda and they are giving 400$ rebate on new college grad financing through Hyundai bringing the quoted price down to $14600 and they said the APR would be in or around 6.5%.The quote was from
Internet Sales
Clay Chevrolet Hyundai
Norwood, MA 02062
#4003 of 5427
I Offered $14,700 for 07 GLS w/Option Package 02 by worldly
Jul 27, 2007 (2:15 pm)
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Yesterday, I offered $14,700+TTL (cash, only) for a 2007 GLS with Option Package 02, MSRP: $19,745 (San Antonio, TX). Here's the reply I received from the dealership:
 
"Your offer of $14,700 + TT&L will not be accepted at this time unfortunately. The best that I would be able to do on the Sonata GLS would be $16,565 + TT&L. This price is not only includes the $2,000 rebate but is $200 below invoice. If this will be acceptable for you, then I would like to set up an appointment for you to come into our dealership to get a closer look at this great looking vehicle. You can let me know when the best time for you would be by either emailing me back or calling me at the number listed below."
 
Needless to say, my return reply was highly critical. Then, I received an e-mail from the General Manager. He bragged that he ran two Hyundai dealerships, provided an invoice that showed what a "great deal" the quoted price is, and urged me to come in for discussions.
 
This is the main reason I dislike most dealerships. Despite the Information Age (includes the Internet), they continue to use predatory sales practices, and attempt to justify ridiculously high prices with methods any person conducting basic research can refute.
 
I will drive a little further, and get a competitive price from a dealership that is fair and sane.
#4004 of 5427
Re: I Offered $14,700 for 07 GLS w/Option Package 02 [worldly] by joedie
Jul 27, 2007 (2:44 pm)
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Replying to: worldly (Jul 27, 2007 2:15 pm)

Good story. I was amazed that cash is not the preferred way to deal anymore. Good idea to move on and stay away from balloon financing as it is mostly a scam.
#4005 of 5427
Re: I Offered $14,700 for 07 GLS w/Option Package 02 [worldly] by chuck1
Jul 27, 2007 (3:25 pm)
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Replying to: worldly (Jul 27, 2007 2:15 pm)

If you really want to have some fun - drive by the dealership that sent you that silly reply and show them your new Hyundai when you buy it, along with a copy of that email!!

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