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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
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Replying to: Yitian (Dec 22, 2008 4:01 pm) |
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Replying to: vballny23 (Dec 23, 2008 5:32 am) Of course they made a profit. I would encourage people looking for a Sonata (or any new car) to negotiate the whole thing via email and never even bother to go to the dealer other than for a test drive to figure out what you want. I had two opening offers on the 09 Sonata GLS 5MT of: - 15998 - 15889 That's with NO negotiating. Here's a listing of ALL internet prices from the one dealer that I started with: Year Sonata Trim Full MSRP Internet Price 2009 GLS 5 SPEED MT $19,145 $15,889 2009 GLS 5 SPEED AT $20,345 $17,023 2009 GLS - V6 5 SPEED AT $22,895 $19,433 2009 SE 5 SPEED MT $22,495 $18,838 2009 SE - V6 5 SPEED AT $24,495 $20,708 2009 Limited 5 SPEED AT $24,995 $20,934 2009 Limited-V6 5 SPEED AT $26,995 $22,784 The internet prices is everything except Tax & Tags. No other fees are applied. Keep in mind these are the prices they started with w/o any prompting from me other than a request for costs. Personally, I think going into the dealership to negotiate in the year 2008 is a waste of time.
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Replying to: investingdad (Dec 23, 2008 5:42 am) As far as negotiating over email. I agree 100% with you that it saves time and allows a buyer to gather more offers as opposed to driving around to 10 dealerships. The one caveat is when negotiating over email, you never know what kind of fees they are going to tag on just when you are ready to buy the car at the dealership. Their goal is to get you into their dealership. Lastly, I feel this is the best time to go buy a car. It is the end of the month, the end of the year and cars are just sitting on the lot and rebates are all over the place. |
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Here is an email I received from a Long Island Hyundai dealership when I quoted a rate of $16,660 + TTL for a 2009 Hyundai GLS 4 CYL Auto. (I actually bought the car for $16,500). I've spoken with my managers and the offer from the Queens dealer is not possible unless they are taking over $1000 in actual loss on the car. The only other way they are doing it is to hit you with some undisclosed fees once you get there. They may figure that you went all the way there why not just take the car. We don't deal that way but I know of many that do. If I were you I'd have a buyers order written and faxed to you as binding proof that it's a real price. They will in all likelyhood ask for a deposit. If you want to get that price you should give them one stating that it's totally refundable at your request. (State law says they must refund at your request). I am not able to meet, muchless beat that price. Let me know how it works out. It is, qute simply, not a price that any responsible dealer with integrity would make. |
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And how long would you say the 2009 models have been sitting on the lots? As for the extra fees...that's the beauty of email. Everything is in writing. So when they offer you X and state no additional fees, they've already put it in writing.
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Replying to: investingdad (Dec 23, 2008 7:07 am) I agree that you should get everything in writing and bring it with you once you agree upon a price. That being said, I have read countless messages on these forums here where even with a quote in writing, they still try to screw you. In the end, we have the power to walk away, which is the last thing they want to see, especially in this market. |
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Replying to: vballny23 (Dec 23, 2008 7:32 am) Towne Hyundai in NJ for the month of December--not just the end of the month--has been offering Sonatas at $1850 below invoice. Then you take off the rebate. They do add a doc fee of $249, which they include in their price quote. A GLS 4cyl, A/T has an invoice of $19751 according to edmunds. Towne's price would be $16,150 plus tax & registration. No claims of end of the month special...you've gotta buy today for this price...or any of that other phoney stuff. |
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Replying to: bhmr59 (Dec 23, 2008 8:04 am) |
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Replying to: bhmr59 (Dec 23, 2008 8:04 am) 15998 -950 ------- 15050 +950tax +200tags ----------- 16200 ...and that included their overpriced, profit padding floor and trunk mats. |
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Replying to: vballny23 (Dec 23, 2008 5:32 am) The dealer does not pay interest to Hyundai for the cars on its lot...it pays the loan interest to a bank...for which, Hyundai, like all car companies, returns this interest to the dealer in the form of a "holdback". I paid $16,036 plus a $169 doc fee.and $45 tire fee and tags. 2009 GLS I4 A with flloor mats and lifetime oil changes. Black with grey interior. Great car for the money...though the rear suspension is a little tight...but, no problem. |
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