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Prices Paid: Buying & Leasing Experiences Hyundai Sonata Prices Paid and Buying Experience
5383 messages, Last post on Aug 21, 2008 at 1:43 PM
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Replying to: aek3 (Aug 28, 2007 9:31 am) |
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Tysinger of Hampton, Virginia 07 Deepwater Blue Sonata SE, AT, moonroof + floormats TMV Price, $21,519 (average price "other" people pay before rebate) My invoice $20,774 +399 processing +635.19 VA sales tax (3.2 or so) +42.35 Dealer business license tax? +10.00 online systems fee +49.50 Title/License = $21,910.03 -2500 manf rebate -500 Hyundai financing rebate  6.65% -500 military discount $18,410 OTD Was planning on paying $17,500 OTD for a 07 Civic LE base model, glad I went with the Sonata, I love it. Tysinger is a really good dealership, I went to Hall Hyundai and got the high pressure sales tactic and rude attitude while negotiating a price. They wanted $19,200 OTD and made me feel like I was trying to steal from them. Make sure you get the Hyundai financing rebate + the $2500 cash rebate, Hall Hyundai said I couldn't get both.
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I bought a used ("program car") '06 GLS in May for $12,400. Clean as a whistle, 32K miles, cloth interior, sunroof, alloys etc. Nice car. Now I'm seeing hundreds of similar '06s listed for $16K and up. What's this all about? Should I sell mine and take some profit? But if I did, then what would I buy, I have to have a car. Maybe none of these are selling?
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Replying to: yokey (Sep 07, 2007 8:46 am) * You see cars listed for $16k+. But... what are they selling for? Are these at dealers or private party? (You won't get a retail price for a private-party sale.) A new 2007 can be had for not much more than that. Who would buy a used 2006 at that price? * What would you buy? What would give you comparable value for a little more than what you've paid for the Sonata? Would it be new or used? If used, would it be in as good a shape as yours? Also when you buy another car, you'll (probably) need to pay sales tax and other fees. Factor that into the equation. So if you can get, say $14k for your Sonata, you won't be able to afford another car much more than about $13k, depending on taxes/fees. |
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Replying to: yokey (Sep 07, 2007 8:46 am) |
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Replying to: fatm1ke (Aug 30, 2007 8:05 pm) Processing $399-wow, that is exorbitant. Dealer Business License Tax $42.35-that's a new one, are dealers getting more desperate or more creative-which is it? Online Systems Fee $10-nice sounding name. Are these fees unique to Virginia and did you question any of them?
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Went to the dealer today to see if they had any 2007 Sonatas left. He said they were all cleared out. Before I left and without doing any negotiating he offered 3,000 off the sticker price for any 2008 Sonata model . I doubled checked with the manager and he confirmed and said the offer would stand until tomorrow. I'm going back tommorow with my Pops. Is 3k off sticker for a brand new Sonata a good deal?....Should I push for more?
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Replying to: kaushals (Sep 07, 2007 5:21 pm) There's currently a $1000 general rebate and $500 loyalty rebate (if someone in your immediate family owns a Hyundai). If you qualify for only the general rebate (no loyalty, military, or graduate rebates) then that's a pretty good deal from the dealer, several hundred bucks under invoice. There may be some manufacturer-to-dealer incentives going on, allowing the dealer to sell way under invoice and still make a profit. |
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I'm looking to purchase a used 2006 LX or 2007 SE or Limited model within the next few months. Typical retail prices I've seen recently are: '06 LX, 12K to 35K miles: $14K to $17K '07 SE, 5K to 20K miles: $16K to $19K Saw an '07 Limited with 8K miles, for $17K My spending limit will be $16,000. Tax in CA is 8.25%, meaning the purchase price should be around $14,750 max, including any doc fees. Has anyone gotten a good deal on a used '06 LX or '07 SE or Limited? If so, I would greatly appreciate any details you can share about your purchase. |
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Replying to: sligg (Sep 07, 2007 3:15 pm) Dealer Business License Tax $42.35-that's a new one, are dealers getting more desperate or more creative-which is it? Online Systems Fee $10-nice sounding name. Are these fees unique to Virginia and did you question any of them?" The online systems fee is pretty stupid, it was only $10 though. Dealer business tax? You got me there too, I didn't question anything though as long as my OTD price was still honored. I haggled the best I could to get one of the dealerships to get my OTD price to $19,000. Turned out I got the same rate for my loan through Hyundai as it was through my home bank, so I got an additional $500 off for that. According to Edmunds the invoice price for the car is $21,408, the "what others are paying" price is $21,519. They charged me $20,774, so adding the processing fee's I'm still a couple hundred bucks under invoice. $225 under invoice + tax/title while taking advantage of $3,500 in rebates seemed like a good deal to me. |
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