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Hyundai Sonata Prices Paid and Buying Experience

6603 messages,  Last post on Nov 11, 2009 at 10:01 AM

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What is this discussion about? Hyundai Sonata, Sedan


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#5941 of 6603
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 6603
Re: [jackburton1] by investingdad
Jan 15, 2009 (6:03 am)
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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 6603
Re: [investingdad] by jackburton1
Jan 15, 2009 (6:16 am)
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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.
#5944 of 6603
Re: [jackburton1] by backy
Jan 15, 2009 (6:41 am)
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Replying to: jackburton1 (Jan 15, 2009 6:16 am)

Yes, in the end it comes down to the bottom-line price. If one dealer has low fees but a lesser discount, and another a bigger discount but higher fees, what difference does it make to the buyer? All that matters is what they pay in the end.
 
You are correct that some states charge tax before rebates, and some (like MN) after rebates have been applied. The buyer has no control over that--except to pressure their legislators to change the state laws.
#5945 of 6603
Re: [investingdad] by mbiberman
Jan 15, 2009 (10:38 am)
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Replying to: investingdad (Jan 15, 2009 6:03 am)

what options / package? I am currently neogotiating a deal with Fred Beans and they gave me way different pricing.
#5946 of 6603
by cosmo15
Jan 15, 2009 (11:32 am)
Reply
Jackburton1
 
What dealership did you buy from in NJ. Sound like good price to me.
#5947 of 6603
Re: [cosmo15] by jackburton1
Jan 15, 2009 (2:33 pm)
Reply

Replying to: cosmo15 (Jan 15, 2009 11:32 am)

Wayne Hyundai on Rte 23.
Nobody else would come close to their price.
 
Very pleasant experience as well.
 
Gave me the best price over the ninternet out the door.
 
Then was able to get a few more hundred off in person last night and I just got home with my new SE V6
#5948 of 6603
Re: [mbiberman] by investingdad
Jan 15, 2009 (4:56 pm)
Reply

Replying to: mbiberman (Jan 15, 2009 10:38 am)

I bought a GLS with 5 speed manual trans, the lowest priced option out there. That said, if you don't mind waiting until tomorrow, I'll post the internet price from them (though I think they gave me just that model since that's what I was after) and Sussman.
 
I'd also suggest you check out Fitzmall.com and Fairfax Hyundai. Fred Beans actually had mine brought up from Fairfax.
#5949 of 6603
Sensational Buying Experience! by plabypla
Jan 15, 2009 (8:18 pm)
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I've followed these threads on this board for a long time, and I've enjoyed reading about the great deals and buying experiences that many of you have discussed, and I congratulate each of you. I followed many of your leads in my quest for a possible Sonata purchase, and I discovered some really good discounts and reputable dealerships along the way; however, when I made contact with Lee Stephens of Bob Dunn Hyundai in Greensboro, NC (120 miles from my home in Wilson, NC), the game was over. I've made many new and used vehicle purchases over the years and have seen pretty much every scheme, trick, and inducement known to man. I will say unequivocally that never have I had anywhere near the pleasant and easy buying experience that I enjoyed in my dealings with Lee and Bob Dunn Hyundai! In addition, I was given the best deal on my new Sonata SE-4 cyl. that I had seen during my exhaustive research! Guess what---I haven't set foot on Bob Dunn's lot yet nor have I met Mr. Stephens face to face, and my new car is sitting outside in my driveway as I type! Every facet of the negotiations and final consummation of my deal was handled by email and telephone; I never communicated with anyone but Lee Stephens the entire time. My white pearl Sonata was delivered to my home last Saturday morning; I sent the check for the payment back with the driver, and that was it! In the five days that I have been in possession of this automobile, I have received calls from both Hyundai Corporate and Lee Stephens checking to make sure I was happy and satisfied with everything; my answer-YES, YES, YES! I have to pinch myself to make sure this deal went down for real the way I've described it---IT DID! If you're serious about a Hyundai automobile, and they are truly outstanding products, I highly recommend that you contact Lee Stephens ASAP! You'll be extremely glad you did; I promise!!
 
Alton Britt

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