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Prices Paid: Buying & Leasing Experiences Hyundai Sonata Prices Paid and Buying Experience
5168 messages, Last post on Jul 23, 2008 at 12:45 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: b612markt (Mar 19, 2008 4:28 pm) I think there's a lot of insurance companies who offer GAP coverage, because we have it with AAA and my co-worker have it with American Family. And yes, the coverage is a lot lower as compared to what dealers offer. 
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Replying to: b612markt (Mar 18, 2008 8:36 pm)
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Replying to: b612markt (Mar 19, 2008 4:28 pm) As an insurance agent, I was just suggesting that people check with their insurance company about the availability and cost of GAP insurance before purchasing it from the car dealer. (Honda leases "include" GAP automatically, but it is fractored into the cost. Honda doesn't give a choice.) My experience has shown that adding GAP insurance to one's insurance policy is almost always less expensive than purchasing it from the dealer. Plus, as the balance on one's loan decreases in relationship to actual cash value/replacement value, one may terminate GAP insurance if no longer needed. I didn't need it on the '05 Sonata as we had a large downpayment and paid $17,826 OTD (including 6% sales tax, etc). We have GAP insurance on our '07 Sonata (2/07 purchase date) which listed  $22,080 and which we got OTD for $18,189 since we only put down $2500. With a finance rate of 5.9% we may decide to drop the GAP insurance next year. If so, total GAP cost = $108 for two years. Good luck on maybe being able to re-do this, if the numbers work out. |
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Replying to: anycall (Mar 19, 2008 7:21 pm) A more apples-to-apples comparison would be the Sentra to an Elantra GLS. Or the Sonata to the Altima 2.5S. What is the price of the Sonata before adding taxes, license, and any other fees (but including the destination charge)? And are their any package options on the Sonata? |
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Replying to: anycall (Mar 19, 2008 7:21 pm) |
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Replying to: anycall (Mar 19, 2008 7:21 pm) |
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hi all, I am in San Francisco bay area and am about to buy a 4 cylinder 2008 sonata limited and the best quote I have is 18700 +tax+fees = 20700 OTD { this is with the optional sunroof} I dont have what the break-up for tax and fees are. I am going in tomorrow to find out. Not sure if I can do better....
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Replying to: sonata08ltd (Mar 21, 2008 7:24 pm) |
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Replying to: sujan (Mar 13, 2008 11:50 am) The 07 hyundai sonata gls barely wholesales used for $12000. A $15000 sale price on an 08 is hardly a super great deal or "giving it away". It is much like the pontiac g6, vibe or the Toyota matrix. $5000 or so off an inflated $20000 msrp is not a great deal. Same for the other makes. Get as much off as possible. --jjf Oh Welllll !!! I finally picked it up. Black Sonata GLS 08 AT no extra added Obvious Question?? How much I paid? I paid 14850 including Doc Fee, it is $289 in this dealership and it is pretty much same in all Oklahoma dealerships. I have to pay tax and tag extra. I wanted to pay in cash, but they insisted that I have to Finance through them at least 10,000 (5.4%) so that they can give me in that price. They promised there is no early payment penalty. I am going to pay it off in 1-3 months whenever I feel like. They in turn threw in Mio GPS C230 and floor mats. I am pretty happy with the deal. Only think I didn't like is, it has 121 (One Hundred twenty One) miles. I bought a Honda Civic before which had
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Replying to: jfritsch (Mar 22, 2008 12:27 pm) If your financing is with HMFC, you can pay it off when you get the first statement. The statement will tell you the balance and the payoff figure (which includes interest until a certain date). If you payoff before that date, they will refund you some money. But remember, on most car loans, interest is calculated daily. So the earlier you pay it off, the less it will cost you in interest. My business's '07 Sonata SE with 15,000 miles wholesales, according to Edmunds for almost $14,000. I don't know where "jfritsch" is getting his numbers from nor where he gets his financial advice. P.S. We paid $16,651 + $189 doc fee + tax & reg. I don't think that is bad depreciation at all after 13 months. |
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