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Prices Paid: Buying & Leasing Experiences Hyundai Sonata Prices Paid and Buying Experience
6609 messages, Last post on Nov 27, 2009 at 1:06 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: nysniper28 (Oct 07, 2008 3:17 pm) If you have price paid to dealer + registration and any other state fees + tax for your state, you will have the true OTD price. |
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Replying to: palok (Oct 06, 2008 3:15 pm) Invoice on the identical car in all areas, yet many people are doing business far below invoice in these same areas. So don't quite understand where Edmunds is getting there data from. If it was from actual dealers as they say, it seems there TMV would be reflecting that. So while I agree that it isn't etched in stone it "should" be reasonably close and it ain't. In reality this forum would be a much more accurate pool of data to draw from. Regardless though of cost (within reason of course) the car is a delight to drive and own. I have gotten numerous compliments on it. Love the V6 power, wish it even had more. Would like to have had a Genesis but way out of my price range.
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Replying to: girlething (Sep 22, 2008 5:06 pm) Im afraid to buy anything big. The job market is so iffy.. Adding a carpayment to the mix seemssilly right now. Is any one else holding off on big purchases? I just dont want to miss the rebates and offer. Kim
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Replying to: girlething (Oct 08, 2008 12:55 pm) 
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Replying to: backy (Oct 08, 2008 3:25 pm) 2009 Sonata GLS w/ Automatic transmission, no other options. Sale price 15.6, OTD 17.4 (TTL). Did I get screwed? |
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Replying to: girlething (Oct 08, 2008 12:55 pm) |
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Replying to: beeney (Oct 08, 2008 10:20 am) - Merg
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Replying to: moocow1 (Oct 07, 2008 11:26 am) - Merg |
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Replying to: moocow1 (Oct 07, 2008 11:26 am) so BEFORE taxes the OTD cost is $15.3. We did get owner loyalty and $2000 rebate included. (All Sonatas have the $2000 rebate for 2009 and for 2008 Sonata its $3000) We are going to be taxed on Fairfax MSRP rate of $17.395 for this car which will be 7% $1217.65 so for a car that costs $20.000 MSRP and paying a total of $16.5 for this car is a deal indeed. I could not find anyone anywhere that could come close to this price for a 2009 automatic. Even other dealerships told me that Fairfax must get extra 'incentives' from Hyundai as they sell the most cars in the area. Perhaps they don't make much money off the internet price, but they are selling their cars. It was the easiest purchase of a car no hassling and no harassing to get the extra options. I would definitely go back there again. We were done in 1 1/2 hours. It was worth the journey from NJ.
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Replying to: samadams3 (Oct 09, 2008 5:20 am) Avoid psychological warm fuzzys (like TMV) etc, arbitrarily assuring you you weren't screwed. The lowest price you can get out of 10-20 dealers via email last week of the month is the lowest you can get. Even nada and nada.com book trade in prices on used cars are suspect as many states base yearly car taxes and such on it and it is suspected of being arbitrarily high. Price: For those who need targets, a 20000 msrp 2007 sonata gls has a kbb trade in value of about $12000, about the same from other sources. Add about 20% to the trade in of a used one for a new 08 and about 35-40% for a new 09 (2 years depreciation) Puts you about 16000+/- for a new 09 Sonata. This is around the number you want 10-20 dealers via email to meet or try to aggressively beat (with all dealer doc fees and such). This formula holds for about 95% of production autos. Hyundai has aggressive promotions in some eastern (eg VA, NY) and western parts of the country and some of you will be more successful than others on this particular vehicle. Financing: Aggressively shop financing options and know your monthly payment to expect as you can easily leave $2000 or more on the table there over 4 or 5 years and waste your time trying to squeeze $100 off the price or equivalent in oil changes, floormats etc out of some manager. Extended Warranty/Service agreements. Avoid obviously buying an extended warranty on a Hyundai. For other makes with a 36000 mi bumper to bumper and 60000 mi powertrain warranty about $800 is what you want for a 7yr/100k mi bumper to bumper FACTORY extension on an average sedan. For bigger vehicles with 4wd, navi, reverse sensors etc we're talking about $1100 or so. Avoid being taken for $1800-2000 for these in the finance office. Avoid aftermarket warranties from unknown warranty companies. Add ons: Paint sealant, wheel locks, pinstripes, undercoat, fabric guard have a total dealer cost of $200 more or less if all on the same car. Avoid paying for any of it. Good luck --jjf |
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