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Prices Paid: Buying & Leasing Experiences Hyundai Sonata Prices Paid and Buying Experience
5035 messages, Last post on Jul 03, 2008 at 8:06 AM
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Replying to: jaxs1 (May 02, 2008 7:50 pm) 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!
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Replying to: gofish (May 03, 2008 7:30 am) I'll wait and see if people in other states and the west coast say they are getting similar deals on the 2009s.
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Replying to: jaxs1 (May 03, 2008 9:23 am) Good luck --jjf
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Replying to: jaxs1 (May 03, 2008 9:23 am) 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.
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Replying to: jfritsch (May 03, 2008 9:44 am) 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.
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Replying to: m6user (May 03, 2008 9:49 am) --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.
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Replying to: jfritsch (May 03, 2008 10:03 am) |
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Replying to: m6user (May 03, 2008 9:46 am) If one of the 15+ Hyundai dealers within a 3 hour drive will sell for the same price, then I may buy from one of them. In my area the dealers still have more 2008s than 2009s. Maybe in 2 months, the 2008s will finally will be completely gone and their lots will be stocked full of 2009s. They could even raise the rebate on 2009s from $1500 to $2000 if they don't have to worry about moving remaining 2008s anymore. At that point better deals will be available and I may take another look if I haven't already decided on something else. |
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Replying to: jaxs1 (May 03, 2008 10:45 am) I don't agree that you will always find the same deal close to home. I'm not suggesting you travel because I don't do it myself but I am sure that cars just sell for different prices in different regions of the country. For example, Toyota adds some kind of SE zone or regional charge on all cars sold in the SE US. It is several hundred dollars and I still have not figured out what that is all about. Anyway, thats why my relatives come to Chicago....because they can't touch the prices in SW and W Michigan(about a radius of 3 hours). Maybe if they lived near Detroit they could.
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Replying to: m6user (May 03, 2008 11:07 am)
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