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Hyundai Sonata Prices Paid and Buying Experience

6610 messages,  Last post on Dec 03, 2009 at 8:47 PM

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What is this discussion about? Hyundai Sonata, Sedan


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#5027 of 6610
Re: Rebates now at $2000 [snoopy185] by backy
Jul 02, 2008 (1:09 pm)
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Replying to: snoopy185 (Jul 02, 2008 10:57 am)

No, it is not likely given Hyundai just did a major refresh of the Sonata for the 2009 MY. The last Sonata design lasted 6-1/2 years, from late 1998 to early 2005, with a major refresh after year 3. The last Elantra design lasted six years, with a refresh after year 3. The last Accent, six years. So based on history, I would not expect a redesign for the Sonata before the 2012 MY, maybe in early 2011. Just a supposition, but with some backing based on Hyundai's track record.
#5028 of 6610
Re: Rebates now at $2000 [snoopy185] by moocow1
Jul 02, 2008 (1:28 pm)
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Replying to: snoopy185 (Jul 02, 2008 10:57 am)

I do remember a set of charts from hyundai showing two different "24/7" change periods where they'd redesign 7 cars within 24 hours. I think the Sonata may be at the end of the new 24/7 change period. Meaning 2011/2012 would be likely for a new Sonata design. If you're gonna buy a Sonata, I'd say do it now. $2000 with $1000-1900 under invoice is a nice deal. And if you're a previous owner, it's really worthwhile with the extra 500. Previous owner rebates are limited and usually disappear after a while.
#5029 of 6610
Re: Rebates now at $2000 [moocow1] by backy
Jul 02, 2008 (1:36 pm)
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Replying to: moocow1 (Jul 02, 2008 1:28 pm)

24 months, right? And they actually did 8 new vehicles or redesigns within 24 months, starting in the fall of 2004 with the Tucson. But I guess 7x24 was more catchy.
#5030 of 6610
Re: Rebates now at $2000 [backy] by nhphd
Jul 02, 2008 (5:06 pm)
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Replying to: backy (Jul 02, 2008 1:09 pm)

You guys did not get my point. I did not mean that Sonata will change in 2010. I meant if you want to wait to get a better deal, you will awlays wait. Try to get a better deal and don't look at only rebate. I am sure that now that reebate is $2000, 80% of the buyesr will buy it higher than I bought at $1500 rebate.
#5031 of 6610
Re: Rebates now at $2000 [nhphd] by backy
Jul 02, 2008 (5:09 pm)
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Replying to: nhphd (Jul 02, 2008 5:06 pm)

I got your point. I wasn't replying to you.
#5032 of 6610
Re: Rebates now at $2000 [backy] by snoopy185
Jul 02, 2008 (6:07 pm)
Reply

Replying to: backy (Jul 02, 2008 1:09 pm)

Backy:
 
Thanks for the reply. I was afraid that it might be longer than 2010. Hyundai sure seems to produce a particular body longer than most of the competition. However, this would lower their costs, which they can then pass along to us.
#5033 of 6610
Re: Rebates now at $2000 [snoopy185] by backy
Jul 02, 2008 (6:16 pm)
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Replying to: snoopy185 (Jul 02, 2008 6:07 pm)

Five to six years is typical for car design cycles these days. When I think of all the new products Hyundai has rolled out in the past few years (Tucson, Azera, Entourage, Veracruz, Genesis sedan and coupe) plus the redesigns of every other model, I don't think six years between redesigns is all that bad. And I like the lines of the current Sonata, so I am not in any hurry to see it change.
#5034 of 6610
Re: Rebates now at $2000 [snoopy185] by bhmr59
Jul 02, 2008 (6:19 pm)
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Replying to: snoopy185 (Jul 02, 2008 10:57 am)

While correct that the current generation Sonata is in its 4th model year, the timing is deceiving. We bougth an '07 in Feb '07. The '08s came out a couple months later and the '09s less than a year after that. So, our '07, not exactly bought at the end of a typical model year, even folowing Hyundai's normal model year change over of "about" 12 months regardless of time of the year, was two model years old within 13 or 14 months.
 
My '05 was purchased in 4/05. The '06s came generally available in 6/05. So, in less than 3 years my '05 was 5 model years old.
 
This is not typical of Hyundai. While they usually keep a model year for 12 months +/-, they wanted to get their new plant up & running for the '06's and were probably anxious to respond to consumer feed back when bringing out the '09s.
 
I think they were trying to respond to the market. Heck, six months ago people on this forum were speculating that the Azera was dead because the '08s "hadn't hit the dealers yet." The '08 Azera became readily available in late January--about 5 months ago.
#5035 of 6610
Re: Rebates now at $2000 [marks19] by lmvine1
Jul 03, 2008 (7:06 am)
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Replying to: marks19 (Jul 01, 2008 4:38 pm)

Sonata's 2009 price increased 3-5% depending on model. The price between Sonata & Accord, etc. became narrower. I expect much of the price increase was due to the price of steel & other commodities that go into a car. I expect similar price increases from Honda, Nissan, etc because of the same issues.
 
My point is the gap between Sonata & Accord,etc will again widen when the other 2009s come out. Unless there is a more serious economic downturn, I expect it will be a while before Hyundai goes to $3K rebate - near end of moder year?
 
YMMV.
#5036 of 6610
Purchased 2009 Sonata I4 GLS by fullback100
Jul 04, 2008 (11:14 pm)
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I sold my 06 Accord SE for $15,800 in private market and bought 09 Sonata for $15,100 today. The Sonata is 09 4 cylinder GLS in pearl white without any optiions but floor mats. I paid $15,100 with $2,000 rebate and $400 graduation rebate included. I had to finance at least $5,000 through Hyundai to get that graduation rebate. The total OTD price was $16,703.26 in Orange county in California. What do you guys think of this deal? Oh, one gripe is they only filled my gas tank to 1/4! not even half! Isn't it against the policy or some kinda the law? I thought all dealerships are supposed to fill up the gas to full. So, add about $50 to my price
 
The car inself is so much better than my 06 Accord in every criteria exept depreciation rate. Sonata is quieter and faster. Actually, I would buy Sonata over Accord even if the price was the same. Honda, plz silence your Accord and don't cut corners too much! Accord looks nice at first but the longer I used, the more I can find their cost reduction in everywhere!
 
BTW, how much is usually the price difference betwwen GLS and Limited for 4 cylinders? I shoulda looked at Limited trim levels, too. soo many options for a litte(?) more money..hmm..

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