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Hyundai Sonata Prices Paid and Buying Experience

5138 messages,  Last post on Jul 18, 2008 at 11:07 PM

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What is this discussion about? Hyundai Sonata, Sedan


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#4683 of 5138
Bought my Elantra SE tonight by bob225
Apr 30, 2008 (8:37 pm)
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Elantra SE plus Premium Pkg. with 5-speed plus floor mats, trunk mat, trunk net and mud flaps. Color: Quicksilver
  
MSRP $ 18380 with freight
  
puchased for $ 15,200 + $ 70 in dealer fees. Total $ 15,270
  
I will pay my 5% taxes in WV. Purchased in PA
  
Thanks for all the feed back and details experiences.
#4684 of 5138
2009 Deals by gofish
May 02, 2008 (2:12 pm)
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Now that Towne has apparently sold their 08's, the deal suddenly got sweeter on the 09's. Now $1800 under invoice before rebates! And that is the deal for the first two weeks of May. They were recently offering $1000 off sticker before rebates at the end of April if I recall. This is a big change.
#4685 of 5138
Re: 2009 Deals [gofish] by jaxs1
May 02, 2008 (7:50 pm)
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Replying to: gofish (May 02, 2008 2:12 pm)

How can they sell 2009s for $1800 below invoice not including the rebate?
There would have to be a manufacturer to dealer incentive in addition to the customer rebate. If no other dealers are offering a similar price, it's probably just a typical dealer's bait and switch newspaper ad that has a catch when you try to find one for that price..
That extra $1800 would make a difference to me whether I would seriously consider the Sonata vs some other cars.
If I could get a new 2009 with the equipment and color I wanted for $1800 below invoice with no trade-in involvement and then also get the $1500 rebate, I'd probably buy it.
#4686 of 5138
Re: 2009 Deals [jaxs1] by gofish
May 03, 2008 (7:30 am)
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Replying to: jaxs1 (May 02, 2008 7:50 pm)

Go to Towne Hyundai's (NJ) web site. Search the forums for Towne Hyundai as well. I have no experience to back it up, but posters here say it is the real deal. Their "doc fee" is (at least was) $189. If local SW Ohio Hyundai dealers would match their offering within $500 I'll buy local but I've had no luck getting that close of a quote previously on 08's. A trip east is no problem as family is in PA and I head that direction half-way fairly frequently. Some here suggest buying in the MD-DC-VA area as well, but I can't say I've seen it better or more certain that the Towne deals. I keep reading though.
 
When one buys, ignorance is the kiss of death. Read all those "buyer's remorse" postings here. Two times I've purchased new cars since 2001; once I received 35% off sticker and another time almost 40%. These were GM models though and I had GM credit card rebates in addition to the highest manufacturer's incentives. Not that I expect to get that kind of deal, but the point is to maximize your knowledge to where you cannot make a bad decision. On an 04 Silhouette the sticker was $29435 - negotiated $26800 (included "fees" - probably could have been better) - rebates were $6000 - card rebates were $3100 - a $17700 price before TTT. There were reasons for this deal though (Oldsmobile!) and the 09 Sonata is a superior quality vehicle that will be an excellent buy at significantly less discount.
 
I have been considering a purchase since Jul 07 when the deals were "too good to be true" on 07's. 08 deals have been even better. I suspect that once 08's are all but gone and 09's are in mass quantity with the US factory cranking them out in a continued "buyers" market, the 09 deals will build to a crescendo again. Remember they shut down the Alabama line for a week or two in October 07 because they oversupplied themslves.
 
The 09 is a better car whereas the 08 was essentially the 07 with minor changes in trimline offerings. 5 speed auto with the improved I4 engine! Improved interior! The base price increase is justified given the new offerings IMO. I'm going to still sit out for a little while longer, but I'll be paying attention routinely right here at this forum!
#4687 of 5138
Re: 2009 Deals [gofish] by jaxs1
May 03, 2008 (9:23 am)
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Replying to: gofish (May 03, 2008 7:30 am)

I'm not going to buy from a dealer another state. If this is a real deal, then they won't be the only dealer in the country that can sell for that price.
I'll wait and see if people in other states and the west coast say they are getting similar deals on the 2009s.
#4688 of 5138
Re: 2009 Deals [jaxs1] by jfritsch
May 03, 2008 (9:44 am)
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Replying to: jaxs1 (May 03, 2008 9:23 am)

A 08 20300 msrp Hyundai sonata gls will wholesale for about 12500 in about 12 months, so a price in the mid 15000's is about what you would want anyway. For an 09, I presume that would be around 17000 , assuming its an improved vehicle. Otherwise there are Malibus, Camrys Accords and such to look at.
 
Good luck
--jjf
#4689 of 5138
Re: 2009 Deals [jaxs1] by m6user
May 03, 2008 (9:46 am)
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Replying to: jaxs1 (May 03, 2008 9:23 am)

they won't be the only dealer in the country that can sell for that price
 
That's the problem if you only buy local. There are lots of big markets in the country where the competition is so brutal that you just get better prices. And there are lots of markets where you can't even get close to those prices and you may live in one. If you value a local deal over saving some big bucks---more power to you.
 
My relatives in Michigan sometimes come to Chicago to buy a new car because the deals are a lot better. Towne is a very, very big Hyundai dealer and I have read lots of testimonials on this forum and never a bad one. If someone is willing to spend a couple hundred dollars to save $500-1000(or more) and do a little road trip....it's money smart.
#4690 of 5138
Re: 2009 Deals [jfritsch] by m6user
May 03, 2008 (9:49 am)
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Replying to: jfritsch (May 03, 2008 9:44 am)

For an 09, I presume that would be around 17000
 
Towne is offering $1800 below invoice plus the $1500 rebate so that would be over $4000 off MSRP on an 09 or close to $16000.
#4691 of 5138
Re: 2009 Deals [m6user] by jfritsch
May 03, 2008 (10:03 am)
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Replying to: m6user (May 03, 2008 9:49 am)

17000 would be a useful target, more than which other vehicles should be considered. Obviously if if you can negotiate something less (of course you should try) the better. What regional thing or whatever towne has going on would be good if it could be had around the country.
 
--jjf
 
For an 09, I presume that would be around 17000
  
Towne is offering $1800 below invoice plus the $1500 rebate so that would be over $4000 off MSRP on an 09 or close to $16000
.
#4692 of 5138
Re: 2009 Deals [jfritsch] by m6user
May 03, 2008 (10:13 am)
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Replying to: jfritsch (May 03, 2008 10:03 am)

Agreed. It's could be hard to touch their prices in a lot of markets but I did find that most Chicago dealers were selling the 08s at about the same price as Towne was.

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