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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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#5442 of 6610
Market Adjustments???? by bioteacher
Sep 01, 2008 (6:26 am)
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the Hyundai dealer here in Fayetteville, NC, has added a "market adjustment" sticker to up the "MSRP" on the Sonatas. This new "adjustment" adds $1995 to the cost of the car (just$5 less than the 2k rebates). Is anyone else seeing this type of shennanigans in their area?
#5443 of 6610
Re: Market Adjustments???? [bioteacher] by m6user
Sep 01, 2008 (6:42 am)
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Replying to: bioteacher (Sep 01, 2008 6:26 am)

That's pretty shocking. When there are dealerships selling Sonatas for $2000 below invoice before even applying any rebates to have one do this is crazy. I can't believe they'll sell any unless they are going to run "$8k off sales!!!"
 
On the other hand, if this becomes a trend(I don't think it will) it could be a signal that Hyundai has really arrived so to speak. Usually that tactic is only used when certain cars are in extremely high demand due to popularity and/or short supply. Neither applies to the Sonata right now IMO.
 
OoooR...... Fayetteville, NC has a huge military population. Could it be that because Hyundai is offering a $1000 military rebate these dealers are looking to take advantage of their somewhat captive audience? If true, to me it would be the epitome of slimy ethics.
 
It would be very interesting if this is happening in any other areas around large military reservations. If so, it should be brought to the attention of local media. I bet that would put a stop to that kind of crap.
#5444 of 6610
Re: My Sonata GLS I4 Automatic price breakdown [m6user] by mitsin
Sep 01, 2008 (12:12 pm)
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Replying to: m6user (Aug 31, 2008 4:14 pm)

This does seem lke a great price. Most of the dealers i talked to would not go below 15900 for GLS Auto 09.
#5445 of 6610
Re: My Sonata GLS I4 Automatic price breakdown [mitsin] by m6user
Sep 01, 2008 (12:36 pm)
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Replying to: mitsin (Sep 01, 2008 12:12 pm)

I see a couple of Chicago dealers advertising $14499(including destination chg) for GLS manual. So I'm thinking you could probably get the auto for somewhere around $15400-$15700 +TTL.
#5446 of 6610
Re: My Sonata GLS I4 Automatic price breakdown [m6user] by backy
Sep 01, 2008 (12:51 pm)
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Replying to: m6user (Sep 01, 2008 12:36 pm)

Logic, and math, would seem to say so. But sometimes dealers mark down cars with unpopular trim (e.g. stick shifts on a mid-sized family car) more than more popular trim levels, or mark down bare-bones cars as "loss leaders", hoping to draw people into the dealership to buy the more popular (and expensive) cars. But it's worth a try to get the automatic for about $1000 more than the stick; the MSRP difference is $1200.
#5447 of 6610
Re: My Sonata GLS I4 Automatic price breakdown [backy] by mitsin
Sep 01, 2008 (1:01 pm)
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Replying to: backy (Sep 01, 2008 12:51 pm)

I offered upto 15500 for a car in stock but most of the dealers would not come to that price in my area. I am about to toss it up and go buy the ford today.
#5448 of 6610
Re: My Sonata GLS I4 Automatic price breakdown [mitsin] by backy
Sep 01, 2008 (1:10 pm)
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Replying to: mitsin (Sep 01, 2008 1:01 pm)

Today (and maybe tomorrow) is a good time... seems like lots of great deals out there. I bought a used minivan today for my wife and looked at another dealership (VW) to see what was available in used Jettas. I saw a Ford dealer ad for $12,000 off any Freestyle (incl. $2k loyalty). Now, if I were only in the market for a new Freestyle...
 
Interestingly, my local Hyundai dealers seem to be holing the line on their advertised Sonata prices, even on Labor Day. One dealer's advertised price on the GLS AT was $17.5k, another said $16k but that included the $1,000 military discount. Not really very good prices compared to other parts of the country.
#5449 of 6610
Re: Market Adjustments???? [bioteacher] by chief15
Sep 01, 2008 (2:46 pm)
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Replying to: bioteacher (Sep 01, 2008 6:26 am)

They all do it here in Hawaii, although the "adjustment" fee is around $3.000.
 
When I go to a dealer the first thing that I tell them is if you want to talk deal, forget about the "adjustment" fee. Most of them do.
#5450 of 6610
Re: Market Adjustments???? [m6user] by bioteacher
Sep 01, 2008 (4:02 pm)
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Replying to: m6user (Sep 01, 2008 6:42 am)

we have a large number of young men (and women) who return from deployment with "bonus" money (well earned) from Uncle Sam. However, they mostly appear to buy large trucks and SUVs (and Harleys:)
 
but we've always had dealers who take advantage of our young troops and their financial inexperience........I just thought that what the dealer did was kinda slimey
#5451 of 6610
Price Too Good: 2009 Sonata Limited I4 Automatic? by themerg
Sep 01, 2008 (4:30 pm)
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I have decided to purchase a Sonata, most like the I4 as opposed to the V6 to save a little money and get a little bit better gas mileage. My dilemna is in the dealership that I've been thinking of buying from. Currently they are offering the Limited I4 Automatic with the DVD Navitgational system for under $21,000. That includes the current $2,000 rebate. That still puts their starting sale price about $2,000 under invoice. I would still need to pay the freight ($695), tags, and sales tax (3% in VA).
 
Am I missing something here or is that price too good to be true? I'm not trying to look the gift horse in the mouth; I'm just trying to be cautious with whom I do business with.
 
Thanks,
Merg

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