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Hyundai Sonata Prices Paid and Buying Experience

5763 messages,  Last post on Oct 11, 2008 at 9:37 PM

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What is this discussion about? Hyundai Sonata, Sedan


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#4173 of 5763
Re: 2007 Limited Platinum [johnsodyssey1] by effect18
Sep 21, 2007 (6:14 pm)
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Replying to: johnsodyssey1 (Sep 17, 2007 6:16 pm)

I bought my 2007 Platinum Edition last month for 23,300 OTD. So your price of 21,800 plus tax ($1,308) plus fees should put you in about the same range. I have seen people posting better prices, some say they have gotten it for 22,500 OTD. So if they wont budge on the price, make them throw in some mud guards(i wish i would have) and a cargo tray(cool rubber mat for the trunk that protects the carpeting).
 
Here's another hint, dealers are offering the $2,500 rebate on 2008's. When my salesman couldnt find the 2007 Platinum, he said "ah well, we'll just have to take a hit on a 08." I asked, you can do that? He said, "if your gonna buy it, we're gonna sell it to you" Not to mention, they will be remodelling the Sonata for 09, so negotiate accordingly. Just know, the 08 will have everything the Platinum has, but it wont be a Platinum(they were only made in 07)
 
Good luck, and its a great car... you'll love it!
#4174 of 5763
Advice from fatm1ke by worldly
Sep 29, 2007 (7:59 am)
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Replying to: fatm1ke (Sep 11, 2007 10:38 am)

The following advice from fatm1ke is the best I've read on this forum. The advice is contrary to many who make a living posting on this forum (while simultaneously contradicting themselves), and providing advice that makes the dealerships appear to be your best friend:
 
"The tactic "this price will stand until tomorrow" is bogus. They're trying to make you feel like you're getting a special deal and want you to make a quick purchase.
  
Look around and find what model and features you want. Once you've picked out a car you want, go to edmunds.com and price the car in your zip code with the options you want. Doing this will give you the invoice price of the car, and the price other people are generally paying.
  
I'd set a goal of paying edmunds invoice price, minus rebates, plus tax/title. Contact dealerships by email/phone and see what they're offering. Most of the time you will get a otd price $1,500-$2,500 more than what it costs them. If you're happy with invoice + tax/title - rebates then give them that price, and say you won't buy unless they will meet it. If they don't, talk to a different dealership, see what they say. Once they know you're willing to buy the vehicle, the price being the only problem, they will meet your requirement, or they will get as close as they truly can. Once you get the price you want, don't be afraid to again call up their competitors and see if you can get another $100+ off or so, maybe some free oil changes, etc. That's up to you though, even when they seem like they won't budge, there's usually something more you can squeeze out of them
  
If the dealership gives you a guilt trip claiming they aren't making any money because you're getting the car for invoice and not paying any other fees - play them the worlds smallest violin. Dealers make money by getting those vehicles off the lot, holdback, inventives, etc..they're doing fine. The salesman may be disappointed because he's not making $1,000+ by selling you an overpriced vehicle, but F him, let him overcharge someone who is willing to pay more for having their asses kissed. Don't be afraid to walk out, 9 times out of 10 if you can't work out a deal they will call you back offering you a lower price. Just don't rush a purchase."
 
Thanks, fatm1ke, for adding much needed reality and sanity to this public forum.
#4175 of 5763
Re: Advice from fatm1ke [worldly] by jack47
Sep 29, 2007 (5:18 pm)
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Replying to: worldly (Sep 29, 2007 7:59 am)

The tactic "this price will stand until tomorrow" is bogus.
 
It's not bogus.
 
The price stands until the next day...but if you don't buy at that price today it will be lowered...nine times out of ten...tomorrow.
 
But you knew that.
 
Or should have.
#4176 of 5763
Dealership survey by schandai
Sep 29, 2007 (5:33 pm)
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I read that after you buy a new car, Hyundai will send you a dealership satisfaction survey. Well, it's been almost three months since we bought a new 07 Sonata GLS I4Auto, and we have not received anything yet.
 
My questions are:
a) Anyone out there who bought new and did not receive the survey form? Has anyone tried to contact Hyundai USA to get one?
b) If you did receive survey forms, how long did it take from the date of purchase?
#4177 of 5763
Re: Dealership survey [schandai] by snakeweasel
Sep 29, 2007 (8:30 pm)
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Replying to: schandai (Sep 29, 2007 5:33 pm)

Well lets see I bought my Elantra over 7 years ago. I still haven't received mine. Maybe it will be in Mondays mail.
 
My advice is don't sweat it. If it comes fill it out send it in. If it doesn't come don't worry.
#4178 of 5763
Randomly Chosen by sandman46
Sep 30, 2007 (11:16 am)
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Ithink that the surveys are sent out randomly. We got one when we bought our '05 Mazda 3s but not when we got our '06 Civic. And from the two earlier posters and the fact that neither got the survey just leads me to believe it's a random choice on the part of the manufacturer.
 
The Sandman
#4179 of 5763
08 Sonata Ltd (2.4L, I4) by pass_age
Oct 01, 2007 (4:01 am)
Reply
I got an offer for (2.4L, I4) 08 Sonata Ltd/w mats for 21,500 OTD in NJ..
Is this a good deal?
 
Also, can I get HMFC financing with the $1000 rebate?
#4180 of 5763
Re: Advice from fatm1ke [worldly] by nthe
Oct 01, 2007 (9:54 am)
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Replying to: worldly (Sep 29, 2007 7:59 am)

" The salesman may be disappointed because he's not making $1,000+ by selling you an overpriced vehicle"
 
no hyundai new car salesperson is making 1000+ on a new hyundai, there just isn't that kind of markup in these cars. Most of the new hyundai, the salesperson is making a mini if you buy at invoice or sticker.
#4181 of 5763
Re: Advice from fatm1ke [nthe] by fatm1ke
Oct 01, 2007 (4:52 pm)
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Replying to: nthe (Oct 01, 2007 9:54 am)

The difference from MSRP to what invoice is is about $2,000 difference from what I've seen. Someone is getting a nice bonus out of your pocket when you pay MSRP, doesn't really matter who now does it.
 
I assume you work in the business since you called the money the salesmen makes off the deal a "mini". I paid under invoice for my Hyundai, the salesman told me he's only making $100 on the sale and asked if I get a phone call from the dealership after the sale to put in a good word for him. He was a good guy, so I did. I don't know if he was blowing smoke up my ass, but if it was true, I imagine he would of made a lot more than $100 if I would have paid 2.5k more at sticker.
#4182 of 5763
Re: Advice from fatm1ke [fatm1ke] by bhmr59
Oct 01, 2007 (5:16 pm)
Reply

Replying to: fatm1ke (Oct 01, 2007 4:52 pm)

As a follow-up, when we bought our '07 Sonata last Feb. we paid $1900 UNDER invoice and then subtracted $2500 in rebates. The manufacturer rebates obviously don't come out of the dealership or salesman's pocket, but the $1900 UNDER invoice came from somewhere. AND, it can't be the dealership or salesmen otherwise they'd be out of business in no time. There has to be manufacturer to dealer incentives in addition to the 2% holdback. Volume bonuses, monthly and/or quarterly come to mind. Isn't there also a "step" bonus involved? Something like $X for the first A # of units, $X + $Y for the next number of units and so on?
 
If that isn't the case, how can dealerships like Towne Hyundai and Fitzmall continually offer UNDER invoicepricing month after month, year after year

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