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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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#6348 of 6610
Re: Hyundai Rebates [cstewart27] by backy
Jul 14, 2009 (12:57 pm)
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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)
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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)
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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)
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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)
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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
#6355 of 6610
Re: Thoughts on this quote .. . Should I buy this month? [cstewart27] by backy
Jul 16, 2009 (3:23 pm)
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Replying to: cstewart27 (Jul 16, 2009 1:42 pm)

The doc fee looks excessive to me, but otherwise it seems like a good deal, and the interest rate is pretty good also.
#6356 of 6610
Re: Thoughts on this quote .. . Should I buy this month? [backy] by cstewart27
Jul 16, 2009 (3:31 pm)
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Replying to: backy (Jul 16, 2009 3:23 pm)

Is the doc fee negotiable? Every Ohio dealer has quoted it at $250
#6357 of 6610
Re: Thoughts on this quote .. . Should I buy this month? [cstewart27] by backy
Jul 16, 2009 (3:59 pm)
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Replying to: cstewart27 (Jul 16, 2009 3:31 pm)

Maybe, maybe not. In MN there is a state-imposed maximum doc fee (much less than $250). In my experience it is not negotiable--but it's also not as much as what they are charging you. If charging $250 for documentation is an accepted practice in OH, you may not have much luck getting it reduced.
 
Another factor is that I've read the clunkers program requires quite a bit of paperwork by the dealer. I wonder if the $250 fee is taking that into account?

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