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Hyundai Sonata Prices Paid and Buying Experience

6610 messages,  Last post on Dec 03, 2009 at 8:47 PM

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What is this discussion about? Hyundai Sonata, Sedan


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#6345 of 6610
Re: Confident prices will fall [backy] by mikemartin
Jul 13, 2009 (10:30 pm)
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Replying to: backy (Jul 13, 2009 6:15 pm)

Hey backy.
 
I found this just now while doing a little research.
 
"Meanwhile, another automaker with a plant in Alabama, Hyundai, said about 3,000 workers are returning to a full-time work schedule at its Montgomery plant, which makes the Sonata sedan and the Santa Fe SUV, after a months-long production slowdown.
 
The company is exporting record numbers of vehicles, officials said, and the slowdown in production has created the need to boost inventory despite the recession and sales that remain below 2008 levels.
 
The return to full-time operations for the rest of July was mostly because of steady demand in the United States and in Canada, said factory spokesman Robert Burns. The plant shipped a record 3,140 Santa Fe SUVs to Canada in June and had total exports of 4,062, the second highest in plant history.
 
'That is a pretty significant number,' Burns said of the Santa Fe exports.
 
Hyundai sold 19,098 Montgomery-made models in the U.S. last month, the highest monthly total since August 2008.
 
While Hyundai is returning to a full-time work schedule, the plant will not be back to full production, at least for July. Burns said plant managers want to produce about 900 vehicles daily, below normal production of 1,000 units."

 
http://www.tuscaloosanews.com/article/20090708/NEWS/907079937/1001?Title=Mercede- s-plant-back-to-five-day-workweek
 
If anyone here can wait to buy a Santa Fe or Sonata, wait. You'll be far better off for it as production ramps back up and the factory and dealer cash inevitably follow.
 
 
#6346 of 6610
Re: Confident prices will fall [mikemartin] by backy
Jul 14, 2009 (9:00 am)
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Replying to: mikemartin (Jul 13, 2009 10:30 pm)

Factory cash on the Sonata is already at an all-time high, for a general rebate. There will be the usual year-end deals of course, and big close-outs on the outgoing design as I noted. So the next few months could be very good for Sonata buyers. Next year at this time? We'll see.
#6347 of 6610
Hyundai Rebates by cstewart27
Jul 14, 2009 (9:50 am)
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Late June, a Ford dealer told me that their rebates would be dropping due to the CARS program kicking in. That seemed counter-productive to me and made me lose interest.
 
Anyway, anyone hearing anything regarding the Hyundai rebates for August? I know we don't have magic balls, just thought maybe a salesman or two might have dropped some hints.
 
I'm on hold with our Sonata purchase till the last week of the month. Two reasons: 1) Dealer is waiting for CARS details and doesn't want to have to eat any CARS deals that don't meet all of the requirements to be released 7/24 and 2) My company is supposed to announce 1200-1500 more layoffs and I'm hoping I'm not one of them!!!
#6348 of 6610
Re: Hyundai Rebates [cstewart27] by backy
Jul 14, 2009 (12:57 pm)
Reply

Replying to: cstewart27 (Jul 14, 2009 9:50 am)

I agree that cutting rebates because of CARS is not a good idea. Not that many buyers will qualify for CARS. Still, I can understand the automakers trying to increase their profits after some dismal quarters.
#6349 of 6610
Re: 09 Sonata OTD Pricing by geetmala
Jul 15, 2009 (10:40 pm)
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Replying to: backy (Jul 14, 2009 12:57 pm)

I got the following quote today from my local dealer. Looking to see if I can do any better. Thanks for any help with this.
 
09 Sonata Limited, 4cyl
Options - Navigation, BluetoothConnect, Floor Mats, Cargo Net
 
Negotiated price - $22,315
Freight - $800
Proc fees - $349
Tags, title - $202
Sales Tax - 1,429.14
Hyundai Rebate - $3,000
Clunkers Rebate - $3,500
OTD Price - $18593.14
#6350 of 6610
Re: 09 Sonata OTD Pricing [geetmala] by mikebzt
Jul 16, 2009 (4:49 am)
Reply

Replying to: geetmala (Jul 15, 2009 10:40 pm)

Here is what i do not like about your quote.
1. Most places include freight in the price
2. Proc fees are crazy high
 
That being said your Negotiated price should be lower
 
check out Fitzmall in regards to pricing and you will see that
Stock #: H550395 which is close to what you have is $21,464 and that includes freight
 
I think you can do better but that is my .02
#6351 of 6610
Re: 09 Sonata OTD Pricing [geetmala] by abagri
Jul 16, 2009 (6:13 am)
Reply

Replying to: geetmala (Jul 15, 2009 10:40 pm)

What was your "clunker" make & model and how much did they offer for it? Check out its value on kbb.com - dealerships make a lot of money on trade-ins. Agree with mikebzt that the "processing fees" is crazy high.
 
I got a 09 Limited I4 with Nav, no bluetooth for 21,500 OTD in March (no trade-in). I qualified for a $2000 mfgr rebate and $1500 loyalty rebate.
#6352 of 6610
Re: 09 Sonata OTD Pricing [geetmala] by bruce77
Jul 16, 2009 (8:03 am)
Reply

Replying to: geetmala (Jul 15, 2009 10:40 pm)

That's a great price!! You need to remember, you do your job to make a paycheck. These people that sell cars need to make a paycheck as well. I have a friend who works at a dealership and they don't make as much money as you might think. On a deal like you're getting the salesperson that does all your paperwork, cleaning of your car, gasing of your car and great service is probably only making $50 to $100. Put that into perspective, when they probably sell 14 cars per month. That's about $1000 to $1500 a month they make for a 12 hour day 5 days a week.
#6353 of 6610
Re: 09 Sonata OTD Pricing [bruce77] by mikemartin
Jul 16, 2009 (9:21 am)
Reply

Replying to: bruce77 (Jul 16, 2009 8:03 am)

That's a great price!! You need to remember, you do your job to make a paycheck. These people that sell cars need to make a paycheck as well. I have a friend who works at a dealership and they don't make as much money as you might think. On a deal like you're getting the salesperson that does all your paperwork, cleaning of your car, gasing of your car and great service is probably only making $50 to $100. Put that into perspective, when they probably sell 14 cars per month. That's about $1000 to $1500 a month they make for a 12 hour day 5 days a week.
 
Your post is highly irrational from the consumer's point of view.
 
He should go with the lowest price he can get, regardless of your sentimental feelings for the salesman.
 
It's called 'capitalism.'
#6354 of 6610
Thoughts on this quote .. . Should I buy this month? by cstewart27
Jul 16, 2009 (1:42 pm)
Reply
Here is the best quote I've gotten checking with northeast Ohio dealers as well as talking to a few out of state. Please let me know what you think.
 
2009 Sonata GLS with popular equipment package and carpeted floor mats
 
$20735.00 MSRP
 
$1990.00 Dealer discount
 
$18745.00 sale price
 
$1282.16 sales tax (6.75% tax rate)
 
$250.00 doc fee
 
30.50 title fee
 
$20307.66 gross price
 
$3500 CARS voucher
 
$3000 rebate
 
$130807.66 total amount financed
 
Financing for 60 months 4.39% with approved credit

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