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Prices Paid: Buying & Leasing Experiences Hyundai Sonata Prices Paid and Buying Experience
5383 messages, Last post on Aug 21, 2008 at 1:43 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: bhmr59 (Jun 05, 2008 6:28 pm) No, I paid invoice, or just slightly less and then subtracted the $1,500 rebate. That was the best internet quote I could find in my area (Chicago). I think it's funny that some people here think they make more money off of used cars, than new. Anyways, they gave me $20k for my TBSS on the trade. Honda offered me $18k and Toyota $17.5k. The dealer is now trying to get $22k for it (good luck!). I had it listed for a while for that exact same price on AutoTrader. I only received calls from brokers wanting to sell it for me. BTW, them giving me $20k was like getting $21.6k when you figure in my tax savings. I was only taxed on a little over 2 grand. 
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Replying to: m6user (Jun 05, 2008 9:46 pm)
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Replying to: backy (Jun 06, 2008 7:22 am) Dealers have different strategies and a lot of times it's driven by locale. In a major metro area you see a lot of competition and usually several high volume dealers that get volume kickbacks from the manufacturer. In smaller markets they don't have as much competition or customer base so they can't be high volume even if they wanted to be....so they don't try. That explains why you can buy the same car for $1000-2000 less in some markets. |
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Replying to: 2002slt (Jun 06, 2008 5:41 am) Only one person said it so I guess you're referring to me. I meant most dealers make a higher percentage of their profit from a combination of backshop ops and used cars than from new cars. And please notice that I said most and not every. I had a friend(admittedly not a car buying savvy one) that traded in a 2002 Malibu that was absolutely like new with only about 20,000 miles. They gave him $6000 for it. I checked their website and they had his car "on special" for $12995. Of course they didn't get that much but I bet they got at least $10000 or $11000 for it. I realize this doesn't happen everday but I think they would have to sell several new cars to make that much. I'm in the Chicago area too and the reason they gave you so much for your trade is that you probably could have gotten at least another $1000 off the new price. It worked out in the end for you. Just don't make it sound like they took a such a beating on your trade in. |
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Replying to: dgs4 (Jun 05, 2008 7:08 pm) One thing that bothered me is that their credit application page on the web site is not secure. Can't see sending personal information out on an "open" page. Thanks. |
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Replying to: wfd25 (Jun 06, 2008 2:42 pm) I and several friends bought from Towne. Every experience was straight forward. If you're concerned about a non-secure on-line credit application, give them the info over the phone or fax the info to them. |
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I lived in Chicago until about a month ago...I'm seriouly considering a Sonata Limted V6, anyone have any good positive feedback from Family Hyundai? The deals seem pretty good from what I've seen. Thanks in advance
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Replying to: maxamillion1 (Jun 06, 2008 10:33 pm) |
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Replying to: maxamillion1 (Jun 06, 2008 10:33 pm) |
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Had a terrific buying experience at Towne Hyundai last week. Paid $21,212 (excluding tax and title) including destination and doc fees for 4 cyl Limited WITH navigation. Got the Cocoa Brown Metallic with Cocoa leather.......very very classy looking car. Very straightforward experience. Went to 3 Hyundai dealerships in Maryland and they all tried to tell me that there was NO WAY they could sell for that price. I told them they need to get a grip. The closest quote I got in Md. was $1800 more than Towne--and that includes Fitzmall. My internet salesperson was Sean Cullen. Good guy and wants to earn your business. Met 2 other families-one from Connecticut and one from NYC......people do travel for the best deal.
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