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Prices Paid: Buying & Leasing Experiences Hyundai Sonata Prices Paid and Buying Experience
6610 messages, Last post on Dec 03, 2009 at 8:47 PM
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Well...triple factory rebates were too good to be true. They had 1 car. MSRP was 31,000 for a 2009 SE-no sunroof, no leather..3000 miles. We headed back home and stopped in Pottstown. We bought 2009 pre-owned Sonata GLS-3.3 V6 with 13000 miles, sunroof, wood grain trim, and they are putting leather (Katzkin) and heated seats for 19500. I happy...not ecstatic..but happy. My husband is happy to be out of the car buying nightmare we were thrown into (cause our car was stolen and demolished) Thanks for all your help everyone.
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Replying to: elizabethd58 (Sep 09, 2009 6:35 pm)
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Replying to: billward (Sep 10, 2009 4:47 am) Makes me want to abandom the Hyundai products entirely.
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Replying to: joywhit (Sep 10, 2009 8:14 am) Makes me want to abandom the Hyundai products entirely. Wow, joywhit, those are some pretty extreme allegations! I also heard that Hyundai hates children, punches old people, kicks puppies, dumps raw sewage in the ocean, and is trying to get Santa Claus banned! Maybe (just MAYBE) there's a more logical explaination... Perhaps, Hyundai is looking at the age-old issues of supply and demand. They sold A LOT of cars during C4C. As such, they do not have to continue to use high rebates to move cars. Oh, and it's not just Hyundai - most manufacturers have slashed rebates. (at least those manufacturers that sold a lot of cars did). As soon as the '10s start to roll in faster, Hyundai will increase the rebates on current models - as will most manufacturers. I'm not sure what you mean by saying Hyundai "stole the cash for clunkers money from their customers". Seems a bit extreme. Did you buy a car from Hyundai with C4C? If you did - and you feel like you were literally robbed - perhaps you should call the BBB, hire an attorney, or call the cops. But, something tells me that you're going to get the same answer from all three.
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I am thinking of getting an 06 or 07 Sonata (V6). What's the good and the bad about the car from an owners experience? Thanks!
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Replying to: bmrich (Sep 10, 2009 9:36 am) Either Americans have gotten incredibly stupid, or solar flares are increasing in strength and frequency, interfering with logical thought process, because just two years ago, loaded Sonatas had an MSRP of about 24k and could be purchased for around 15k to 16k (base GLSs could be bought for 12.5 to 13k). Wow. Just....wow. It's a Hyundai, people. The economy is terrible and getting worse. Cash for Clunker dope effect is over. Dealers are getting desolate and tumbleweed-ish again. If you're going to spend 20k or more for a new car in this class, and Hyundai is really asking those kind of prices for a Sonata, you might as get a Mazda, Honda, Toyota, Nissan or even a Ford. These can all be had in the 17k to 20k price range, with MSRPs at least 5k to 7k higher, all day long if you know even a moderate amount of negotiating skill. I really can't believe how lame Americans have seemingly become in negotiating tactics nor complacent on high prices and scams.
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Replying to: james1982 (Sep 10, 2009 9:03 am) Yes a lotta the money went to dealers, no boycotting Hyundai would not be fruitful as most of the dealers that could, did it. As for Hyundai, keep in mind that an 08 used: -GLS auto msrp $20000 has a trade in value of $10000 or so -Limited auto msrp $27000 has a trade in value of about $11000 or so (kbb.com) This is what your 09 purchased today will trade in for in 12 months. So yes, do realize that this IS a Hyundai, and a deal on an 09 GLS for $15000 is definitely nothing to write home about. On the higher trim you may be better off going with the Accord, Toyota or other nameplate. Good luck --jim Just a brief look at the "wayback" machine-- posts from june-july in 09 and 07 and before (possibly not 08-- $4.50 gas made the new civic way popular) shows posts of about $15800 for an lx and the mid 17's for the ex autos. The c4c program from july 24 drove up lots of prices, for clunker and non clunker buyers alike. Some dealers are continuing to exploit the increase in floor traffic, and higher prices for some may be the result for a while. This was essentially a cash for **dealers** program, uninformed buyers storming showrooms for a "free" $4000 in cash. Obviously in a (temporary-- with a deadline) seller's market the lx that sat unsold at $16200 suddenly has a price of $18500 (msrp) + $1000 for fabric & protection pkg. The gov't money replacing the manufacturer and dealer incentives for a month. If the "clunker"was worth $1500 or so many probably made off worse than they would have a month before. ... If the traditional August price breaks were ruined for many buyers by this dopey gov't program thats that. If inventories of some models are still rather high, deals may be found there. The Civic, Corolla and Ford Focus were the most popular C4C vehicles, which made up about 600,000 of the (record)1,000,000 vehicles sold this month. We'll probably be back to 400,000 /mo sales soon. Good luck --jjf
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Replying to: jfritsch (Sep 11, 2009 4:13 am)  We have an 09 Sonata Ltd, 4cyl, no other options in good to excellent condition. MSRP when we bought last summer was roughly $24000 and we paid about $19300 +ttl. According to kbb.com and edmunds.com our trade-in for this vehicle is in the $15500 to $16000 range and a CPO value around $22000. How do you figure only $11000 for a trade-in value? Please provide the parameters you used to come up with that figure from kbb.
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Replying to: tenpin288 (Sep 11, 2009 5:33 am) -Go to kbb.com -Look up the used value of an 08 limited 4cyl auto with 24k miles or so -See the result in excellent (top) condition. This is what an 09 purchased today will trade in for in 12 months. However if the economy further worsens, a used car may be worth more, but one may not have a job to buy it. Good luck --jim Limited auto msrp $27000 has a trade in value of about $11000 or so (kbb.com) We have an 09 Sonata Ltd, 4cyl, no other options in good to excellent condition. MSRP when we bought last summer was roughly $24000 and we paid about $19300 +ttl. According to kbb.com and edmunds.com our trade-in for this vehicle is in the $15500 to $16000 range and a CPO value around $22000. How do you figure only $11000 for a trade-in value? Please provide the parameters you used to come up with that figure from kbb. |
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Replying to: mikemartin (Sep 10, 2009 10:56 pm) Good discounts are available on Sonatas and on other cars in that class. But not to the degree you imply, except in very rare cases. Also, loaded Mazda6s, Accords, Camrys, and Altimas list for well over $30k. So what is the problem with a loaded Sonata listing for, today, into the upper $20s, and maybe with the next generation, with improvements and a hybrid option, breaking $30k list? That is the going list price for a loaded mid-sized car these days.
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