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Hyundai Sonata Prices Paid and Buying Experience

5073 messages,  Last post on Jul 08, 2008 at 5:57 PM

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What is this discussion about? Hyundai Sonata, Sedan


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#4212 of 5073
Re: Price Quote from Capitol Hyundai, Kyle, TX [worldly] by backy
Oct 27, 2007 (10:20 am)
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You should let them know that you'll be buying elsewhere e.g. Houston or Round Rock, because their price isn't competitive.
 
But be sure you compare apples to apples, e.g. the price from Houston or Round Rock of a GLS with AT, since that is what Capitol Hyundai quoted. The AT alone adds about $1000 to the cost. Sometimes I've seen dealers advertise the MT Sonata as a loss leader, i.e. one only, knowing it won't be very popular, at a drastically reduced price. Also be sure the options are comparable on the quoted cars.
#4213 of 5073
Price Quote from Capitol Hyundai, Kyle, TX by worldly
Oct 28, 2007 (8:23 am)
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I asked for a VERY BEST "out-the-door" price on the following vehicle from Capitol Hyundai, Kyle, TX:
  
2008 Hyundai Sonata 2.4L GLS Sedan 4D (Auto)
  
Here's the response:
  
The "out the door" price is $18,817.
  
Thanks
  
(Salesman Name Deleted)
Internet Sales Manager
Capitol Hyundai

 
  
NOTE: IMHO, not a competitive price, especially if a Houston dealer is advertising $15,395 + TTL, and a Round Rock dealer advertises $14,997 + TTL (albeit a manual transmission).
 
This post was previously deleted since I inadvertently forgot to remove the phone number of the dealership.
#4214 of 5073
Re: Price Quote from Capitol Hyundai, Kyle, TX [worldly] by bhmr59
Oct 28, 2007 (5:27 pm)
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Replying to: worldly (Oct 28, 2007 8:23 am)

No, it was deleted because you listed someone's name (the salesman's). Names of dealerships and their phone numbers are OK.
#4215 of 5073
Re: Price Quote from Capitol Hyundai, Kyle, TX [bhmr59] by tenpin288
Oct 28, 2007 (5:31 pm)
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Replying to: bhmr59 (Oct 28, 2007 5:27 pm)

Actually, phone numbers are verboten also. Here's the Edmund's blurb about that.
 
You may include the dealership name, city and state in your post. Please do not post names of salespeople, telephone numbers, email addresses, or other contact information.
 
 
#4216 of 5073
Re: Price Quote from Capitol Hyundai, Kyle, TX [tenpin288] by bhmr59
Oct 28, 2007 (5:44 pm)
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Replying to: tenpin288 (Oct 28, 2007 5:31 pm)

OK. sorry about that and thanks.
#4217 of 5073
Price Quote, Houston, TX, 2008 Hyundai Sonata 2.4L GLS Sedan 4D (Auto) by worldly
Oct 31, 2007 (8:31 am)
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2008 Hyundai Sonata 2.4L GLS Sedan 4D (Auto)
 
I requested a price quote from Best Hyundai, Houston, TX. I based my offer on their online ad:
 
NOTE: their online ad shows a phone number and website, so by forum rules, I cannot print the URL of the ad, but you can certainly find the ad, if you're interested.
 
They advertised $15,395 + TTL. The fine print said "MSRP of $19,480, Best discount of $1,585, rebate of $2,500, with approved credit."
 
I assumed a part of the rebate was for HFMC financing (which I'm not interested in). Thus, I made an offer of $15,595.
 
Best quickly countered with $15,895 + TTL. With TX sales tax for new cars at 6.25%, and title/license (approx. $100), the OTD price should be about $17,000 (estimated).
 
For comparison, I received the following quotes (via Internet, and using my insurance company buying service), between October 15 and October 30, 2007, (2008 Hyundai Sonata 2.4L GLS Sedan 4D (Auto):
 
Best Hyundai, Houston: $15,895 + TTL (approx. $17,000 OTD)
 
Capitol Hyundai, Kyle, TX: $18,815 OTD (Dealer refused to break down individual costs, i.e., MSRP, rebates, discounts, etc.)
 
Superior Hyundai, San Antonio, TX: $17,664 + TTL (approx $18,870 OTD, estimated)

 
World Car, San Antonio, TX: $15,900 + TTL (Manual Transmission), (MSRP $18,280; $1500 Rebate and a $880 Discount), approx. $18,165 OTD, estimate, and adding automatic transmission to total cost
 
Classic Hyundai, Round Rock, TX: $14,997 + TT&L (Manual Transmission); approx. $17,140 OTD, estimate, and adding for automatic transmission.
 
I'd like to emphasize these are estimates. Having never purchased a vehicle in Texas, there may be unknown costs involved (additional city/county tax ???), but I would expect them to be minimal.
#4218 of 5073
Re: Price Quote, Houston, TX, 2008 Hyundai Sonata 2.4L GLS Sedan 4D (Auto) by adrew1
Oct 31, 2007 (9:06 am)
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Replying to: worldly (Oct 31, 2007 8:31 am)

I bought a '07 GLS 4-cyl automatic with the premium package for $16,100 + tax at Allen Samuels in Fort Worth. They sold me a car with hail damage without telling me, so I took it back and made them give me a nicer car for the same price. I sat in there all day and kept saying "No" "No." "No." until they gave in.
 
Be careful with the email quotes. I got quotes from several dealers that sounded great over email, but it turns out that the price was based on balloon financing (36 months + one big payment at the end). No thanks. The "real" price ended up being $1000 more.
#4219 of 5073
Re: Price Quote, Houston, TX, 2008 Hyundai Sonata 2.4L GLS Sedan 4D (Auto) by worldly
Oct 31, 2007 (9:35 am)
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Replying to: adrew1 (Oct 31, 2007 9:06 am)

Re: Be careful with the email quotes. I got quotes from several dealers that sounded great over email, but it turns out that the price was based on balloon financing (36 months + one big payment at the end). No thanks. The "real" price ended up being $1000 more.
 
Good advice on e-mail quotes. I expect to copy the e-mail quotes and have them with me when I enter the dealership. If there's a difference in the price, and/or they failed to identify things like "balloon financing," I will confront them.
 
The quote from Best Hyundai, Houston, specifically stated "not a Balloon Price." Furthermore, the ad price was $1,000 less for a military person ($14,395 + TTL).
 
If anyone has any information regarding a recent purchase or quote from any of the Texas dealerships listed in Message #4217, please speak up.
#4220 of 5073
Re: Price Quote, Houston, TX, 2008 Hyundai Sonata 2.4L GLS Sedan 4D (Auto) [worldly] by alamocity
Oct 31, 2007 (9:37 am)
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Replying to: worldly (Oct 31, 2007 8:31 am)

Thanks for the great information, mirrors what I also received from the Austin and San Antonio dealerships. As the next poster mentioned I'd be leery of the price out of town dealerships mention as there may well be some added costs to the quote they provide. One thing I discovered is that both Hyundai and Kia are adding marketing support fees to the invoice price that may account for the higher prices in San Antonio we see here that other markets may not be charging. As to the TT&L fees here is a breakdown that may be of use for you: Sales Tax:6.25%, DMV Fees: $127.05, Documentation Fees: $50.00, Texas Inventory Tax: .002543 X Car Price. Add all these to the car price and you have the out the door price.
#4221 of 5073
Re: Price Quote, Houston, TX, 2008 Hyundai Sonata 2.4L GLS Sedan 4D (Auto) by worldly
Oct 31, 2007 (9:51 am)
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Replying to: alamocity (Oct 31, 2007 9:37 am)

Re: One thing I discovered is that both Hyundai and Kia are adding marketing support fees to the invoice price that may account for the higher prices in San Antonio we see here that other markets may not be charging.
 
I'm glad you pointed this out. I've been racking my brain attempting to justify San Antonio dealership pricing that is far above Austin and Houston (and possibly other TX cities).
 
Now, my question is, are the Austin/Houston dealerships going to try to sneak in these marketing fees just prior to signing the purchase agreement?

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