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Prices Paid: Buying & Leasing Experiences Hyundai Sonata Prices Paid and Buying Experience
5382 messages, Last post on Aug 21, 2008 at 1:33 PM
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Hi, I saw that gordyram at #560 bought a 4 cyl Sonata for about $13K. This week in Boston, an expensive city for everything, Toyota Camry is advertised at around $14K by multiple dealers. Also, Hyundai dealers stopped doing advertising on Boston local newspapers, so I have no idea what the local pricing for Hyundai is. My question is: Is hyundai still competitive? My personal opinion is that rise of Hyundai is the most significant event in this decade in auto industry, as well as the rise of Samsung and LG in semi-conductor and electronic areas. Toyota is not a nice company. It lowered the price mostly due to competition from Hyundai. Will Hyundai accepts the challenge and stay competitive? Or will Hyundai just feel comfortable being a niche player while maintaining high profit margin?
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Replying to: dongliu (Sep 08, 2005 1:55 pm) Hyundai doesn't provide much of a profit margin in most of its cars at the dealer level. The company itself is making good money, but there isn't too much mark up in a Hyundai which is probably why you see so many ADM stickers on the lots. As far as being competitive, you can always buy less car for less money. In most cases when it comes to Hyundai, you can buy less car for the same money. Equip any Toyota with the same stuff that Hyundai gives you standard, and the Hyundai will be less. Not to mention what value there is to be had in a 10 year warranty.
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Replying to: danf1 (Sep 08, 2005 2:18 pm) The problem is that extended powertrain warranty only applies to the original owner or immediate family members (spouse or child). The ballyhooed extended powertrain warranty (from 60,000 miles/5 yrs. to 100,000 miles/10 yrs. isn't worth the paper it's written on for trade-in or private sale purposes.
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Replying to: rhaeffele (Sep 08, 2005 5:57 pm)
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Replying to: danf1 (Sep 09, 2005 5:59 am)
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Replying to: rhaeffele (Sep 08, 2005 5:57 pm)
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Replying to: rhaeffele (Sep 09, 2005 9:39 am)
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Replying to: backy (Sep 09, 2005 7:32 pm) *In a way I can see the company's dilemma. "Dad", sober pillar of the community and devoted family man who reigns benevolently over his "Ozzie Nelson/Ward Cleaver" domain, and drives equally conservatively, turns car with 65,000 clocked TLC miles over to just licensed "Ricky/Wally", who proceeds to flog the livin' crap out of his "new" wheels as soon as he's out of sight and doesn't hesitate to have it towed and dumped at the dealer's service entrance for freebie repairs when the engine and/or trannie understandably tank(s) from the youthfully exuberant abuse. |
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Replying to: bryan200k (Sep 09, 2005 8:39 pm)
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Replying to: line3 (Sep 10, 2005 3:05 am) |
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