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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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#5934 of 6609
Re: When you list your price, please specify what rebates you got. [jackbur [backy] by jackburton1
Jan 13, 2009 (11:23 am)
Reply

Replying to: backy (Jan 13, 2009 9:47 am)

I am in NJ and only 1 dealer had it listed on their website, but when I bourght it up to a few others, they said it was in effect.
 
$1500 on top of 2000 on a 2009 Sonata if you are a current Hyundai owner.
#5935 of 6609
Re: When you list your price, please specify what rebates you got. [jackburton1] by backy
Jan 13, 2009 (12:27 pm)
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Replying to: jackburton1 (Jan 13, 2009 11:23 am)

Interesting! Hyundai's own website shows no such offer in NJ. Sometimes the web sites don't get updated right away... or it could be a special offer from NJ Hyundai dealers, not from HMA. Anyway, you Hyundai owners in NJ have a great deal available to you!
#5936 of 6609
Re: When you list your price, please specify what rebates you got. [backy] by jackburton1
Jan 13, 2009 (12:57 pm)
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Replying to: backy (Jan 13, 2009 12:27 pm)

Seems to be an ok time to buy.
 
Approved for 5.79% for 48 months, not bad either I guess.
 
Would really like the V6 SE, but best price was 20,450 outthe door and just a bit more then I want to spend.
19k I would buy it
 
18450 is what I am looking at for the Se 4 auto, but dealer does not have it on his lot (no Se4's at all actually).
 
Will do my best to push 18k even and buy myself a new car this weekend
#5937 of 6609
Re: When you list your price, please specify what rebates you got. [jackburton1] by backy
Jan 13, 2009 (2:12 pm)
Reply

Replying to: jackburton1 (Jan 13, 2009 12:57 pm)

You might check the rates--was that from the dealer? I could get 4.49% for 60 months on a new or used car at a local bank when I bought a car a few days ago, but went with special 2.99% financing for 60 months from the manufacturer instead. You might be able to find better than 5.79%, depending on credit score.
#5938 of 6609
Re: When you list your price, please specify what rebates you got. [backy] by jackburton1
Jan 13, 2009 (7:11 pm)
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Replying to: backy (Jan 13, 2009 2:12 pm)

Actually, that was from a bank, not dealer.
 
bankruptcy 8 years ago, but even with my FICO is 750ish.
 
Hmmm, will have to see if local bank or even dealer is better.
#5939 of 6609
Re: When you list your price, please specify what rebates you got. [jackburton1] by palok
Jan 13, 2009 (7:36 pm)
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Replying to: jackburton1 (Jan 13, 2009 8:40 am)

Actually, that's the dealer's decision, and it may be a better option than paying interest on inventory. A $19000 sale is better than paying interest. Make your offer, sales are down right now.
#5940 of 6609
Re: When you list your price, please specify what rebates you got. [palok] by jackburton1
Jan 14, 2009 (2:23 am)
Reply

Replying to: palok (Jan 13, 2009 7:36 pm)

I am certainly going to try
#5941 of 6609
by jackburton1
Jan 14, 2009 (7:22 pm)
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Ok, well the desk manager wouldn't take 19, or 19,500 to the GM, but he did take 20k total out the door on a 2009 SE V6.
Breakdown:
MSRP was 24,435
Selling Price 21,236.26
Tax 1486.54
NJMV tire fee 7.50
Online processing fee 7.70
MV 264
Credit Fee 99
Doc fee 399
 
Total of 23500
- 2000 rebate
-1500 lyoalty fee
 
$20,000 total take delivery tomorrow.
#5942 of 6609
Re: [jackburton1] by investingdad
Jan 15, 2009 (6:03 am)
Reply

Replying to: jackburton1 (Jan 14, 2009 7:22 pm)

A credit fee of $99? Doc fee of $400? By my math, you paid $777 in fees. That's a blatant rip off. Nothing but profit padding. I bought mine in Doylestown, PA and the fees were:
 
22.50 title fee
36.00 registration
5.00 tire tax
15.45 electronic registration fee
5.00 lien fee
100.00 documentation fee
10.00 tag fee
 
Grand total of $194 for all fees.
 
And they charged sales tax BEFORE applying the rebates?? I think you got ripped there as well. My dealer took the rebate off the selling price and THEN charged tax.
 
Here's how mine went:
• MSRP = 19135
• Fred Beans Price = 17998
• Less 2000 deduct = 15998
• Plus 6% sales tax of 959.88 = 16957.88
 
By taking the rebate first, my tax bill was lowered by $120. The additional rebate I got from the dealer was $950, which was applied after tax. But that was a dealer incentive with special rules. My out the door price was $16200 after all taxes and fees.
 
You paid an extra $245 in tax because they took the rebate AFTER you paid tax. I have to wonder if they pocketed this.
#5943 of 6609
Re: [investingdad] by jackburton1
Jan 15, 2009 (6:16 am)
Reply

Replying to: investingdad (Jan 15, 2009 6:03 am)

I agree 1000% and did not see all the fees.
 
BUT, I did negotiate the out of door price, so to me, I do not care where they allocated the fees.
 
The BEST deal I could find out of 10 dealers I dealt with was 19,750 for the SAME car before Tax and fees.
 
In NJ at least, they have to charge you tax on the rebates (I remember this from when I sold cars briefly about 12 years ago).
 
I was strictly looking for the best deal out of pocket.
 
That is the only thing that concerned me.
If another dealer had fees that were 50% less, but the deal was 21k out the door, that's not better then 20k out the door on same vehicle.
 
What car/options did you pay 16,200 out the door for?
 
I pad 20k out the door on a 2009 SE V6.

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