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Hyundai Sonata Prices Paid and Buying Experience

6609 messages,  Last post on Nov 27, 2009 at 1:06 PM

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What is this discussion about? Hyundai Sonata, Sedan


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#5767 of 6609
Re: Bought my '09 Sonata V6, LTD, Nav, Floor Mats.... [beeney] by backy
Oct 12, 2008 (9:48 am)
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Replying to: beeney (Oct 12, 2008 9:38 am)

Once again this is evidenced by the numerous people paying below invoice all across the country and you will not find anyplace that Edmunds TMV pricing reflects that.
 
Sure it does. Do you think everyone gets $5000 off a new Sonata, or even gets one below invoice? Heck no. Some buyers do their homework, check prices paid discussions like this one etc., do a lot of research on what deals can be had in their local area and even outside of it, and work and work for the lowest possible price. Others see an ad in the paper for a Sonata for "only" $16,995 and say, "Look, honey, the Sonata is a real nice car and is only $17k, much less than the Accord we looked at last week. Let's go check it out." So they go in and like the car and think $17k is a good deal for a car like that (maybe they paid $20k for their current car a few years ago and it isn't nearly as nice as the Sonata), so they buy a Sonata for right around invoice. Other people don't even get invoice--they think $500 above invoice is a good deal. And then there's those who get well below invoice. The price figures on Edmunds.com reflect an average of what all people are paying for Sonatas--not the best price that can be had on a Sonata.
#5768 of 6609
Re: Bought my '09 Sonata V6, LTD, Nav, Floor Mats.... [backy] by themerg
Oct 12, 2008 (5:14 pm)
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Replying to: backy (Oct 12, 2008 9:48 am)

Thank you. My point exactly.
 
Also, beeny, you include rebates as how people pay below invoice, but if you look at the TMV price it is actually computed at first without rebates and then show after rebates are applied. The price people are paying before rebates on average is actually above invoice.
 
Once again, I would say that people posting on this site are the exception to the rule regarding your informed consumer. Although a lot of people may be posting here, there are a heck of a lot more who aren't.
 
- Merg
#5769 of 6609
Re: Bought my '09 Sonata V6, LTD, Nav, Floor Mats.... [themerg] by moocow1
Oct 13, 2008 (9:33 am)
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Replying to: themerg (Oct 12, 2008 5:14 pm)

Generally there are two types of people here. People who are cheap and people who are hardcore. In a prices thread...guess who's going to be here? We are truly the bargain hunters of the world. Only the joe six-packs would go shopping without getting information first. But they will waste thousands on an overpriced buy.
#5770 of 6609
Re: Bought my '09 Sonata V6, LTD, Nav, Floor Mats.... [moocow1] by themerg
Oct 13, 2008 (12:19 pm)
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Replying to: moocow1 (Oct 13, 2008 9:33 am)

Once again, my point. There are more joe six-packs out there than the other kinds.
 
- Merg
#5771 of 6609
Sonata Ltd 4cyl pricing by tarkov
Oct 14, 2008 (9:32 am)
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Hello all. I'm new to this board, and am looking for advice. I've been receiving quotes for:
 
2009 Sonata Ltd 4cyl w/ Bluetooth
 
So far, the best OTD price I've received is $23,414.91 (includes 7% sales tax and $2,000 rebate). What do you think? I'm in Indianapolis, IN, thanks.
#5772 of 6609
Re: Sonata Ltd 4cyl pricing [tarkov] by themerg
Oct 14, 2008 (9:49 am)
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Replying to: tarkov (Oct 14, 2008 9:32 am)

Based on $1,500 under invoice, your price is a bit high. My estimate would be about $22,700 for $1,500 under invoice. Are any other options included besides the Bluetooth (I'm assuming you are getting the Nav too at that price)?
 
- Merg
#5773 of 6609
Re: Sonata Ltd 4cyl pricing [themerg] by tarkov
Oct 14, 2008 (9:56 am)
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Replying to: themerg (Oct 14, 2008 9:49 am)

Thanks for the post. Actually, that's only with BT (not Nav). According to my information for this setup:
 
MSRP: $25,435.00
Invoice: $23,656.00
 
Both of these are before the $2,000 rebate.
 
Please advise, thanks.
#5774 of 6609
Re: Sonata Ltd 4cyl pricing [tarkov] by themerg
Oct 14, 2008 (11:13 am)
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Replying to: tarkov (Oct 14, 2008 9:56 am)

What is your price before fees, taxes and the rebate? I would try to go for about $23,100. $1,500 below invoice is a good price and seems to be about the most people are getting for the Sonata. As for my comment about the Nav earlier, I forgot about the two price increases on the Sonata, so the price you gave is probably still about $700 below invoice if my estimation is correct.
 
- Merg
#5775 of 6609
Re: Sonata Ltd 4cyl pricing [tarkov] by nhphd
Oct 14, 2008 (11:49 am)
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Replying to: tarkov (Oct 14, 2008 9:32 am)

The car with all those options that you mentioned is a 20500 car maximum before TAX. With 7% tax , you should pay less that 21900. Good price would be 21500 including TAX.
#5776 of 6609
Re: Sonata Ltd 4cyl pricing [themerg] by tarkov
Oct 14, 2008 (11:57 am)
Reply

Replying to: themerg (Oct 14, 2008 11:13 am)

Merg,
 
It should breakdown as follows:
 
Sonata Ltd 4cyl w/ BT only:
Price: $21,495.67 (this is after the $2,000 rebate)
Tax: 1,768.49
Doc Fee: $149.50
Tire Fee: $1.25
OTD: 23,414,91
 
So, it looks like this is only about $500 under invoice. What do you think?

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