Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences Hyundai Sonata Prices Paid and Buying Experience
6610 messages, Last post on Dec 03, 2009 at 8:47 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
Replying to: backy (Sep 11, 2009 9:41 am) What is the average price of car in 2009? The average price is $27,958, up 6 percent from last year. I got an '09 Ltd with nav for $21699. I still think Hyundais are the best deals around.
|
|
|
|
|
Replying to: dovid2 (Sep 11, 2009 11:00 am) Fitzmall, a no haggle dealer, was selling Sonata GLSs w/automatic transmissions for $14,1xx all day long back in March. I know. I called. I saw their inventory online. Manuals could be had for less. Once Cash for Clunkers was announced, prices on those same exact cars went up $1,900, and they've gone higher now, as much of the inventory left is more optioned out. I still believe prices will fall again, as Manufacturers must keep producing, will pressure dealers to restock inventory, and because of a terrible economy, the cycle of rebates and incentive cash will be needed more than ever to move metal, even if I grant the assumption that fewer units will be produced (which I'm not so sure of). If Manufacturers don't manufacture, they don't have a chance to protect their market share, and that puts their long term margins at risk.
|
|
|
Replying to: mikemartin (Sep 11, 2009 3:51 pm) So it looks like we are in agreement, except on the low-end pricing for Sonatas. Maybe there's some sales reports here that go back to 2007 that support your prices of $12.5k at the low end and $15k for a loaded car? Edit: Turns out there aren't. Reports from the August-to-October 2007 timeframe show real-world prices considerably more than $12.5-13K for GLSes and $15-16k for fully loaded Sonatas. One reason could be the rebates were less then, only $1000 general rebate in most states on the 2008s (2007s were nearly gone by then).
|
|
|
|
|
Replying to: backy (Sep 11, 2009 4:17 pm) I apologize for the confusion. |
|
| Hi folks, I just got the 1st round quotes back via email. Seems like the lowest OTD for a base gls model so far is around 18.2k minus trade-in value of my current 2000 sonata, all rebates included. I'm in Houston, TX. There's no 09 model left in my area. Is this a good deal? I'm still hesitating between Jetta and Sonata though. Any comments are welcome. Thx! | |
|
|
|
Replying to: rossoneri (Sep 16, 2009 5:43 am)
|
|
|
Replying to: newowner10 (Sep 16, 2009 5:51 am) |
|
|
Replying to: rossoneri (Sep 16, 2009 5:43 am) Right now, there is no press to put rebates on the '10 because it's the brand new model year, just out. In two months (or even late next month) there will start to be pressure to move units again; the auto industry is like a large snake that way, they've just gorged, now they aren't hungry. Sometime between mid-late October and the Christmas time frame, rebates will shoot back up, as the pressure to move units increases. If your 2000 is still in decent enough shape to make that, then by all means, wait until Christmas.... you'll have enough to pay for the presents in your savings.
|
|
|
Replying to: billward (Sep 16, 2009 7:43 am)
|
|
|
|
|
Replying to: rossoneri (Sep 16, 2009 8:14 am) I am also with billward & suggest that you wait as long as you can. I'm also in the market for a Sonata for my wife but am not willing to pay the high price dealers want now. Historically the rebates get larger towards the end of the year (Xmas, Thxgiving) as foot traffic is lowest during those months even in the best of times. I would be extremely surprised if the the rebates don't go up in Oct/Nov/Dec. Also, if you're financing, those are the times when they start the 0% financing offerings. You'd be saving a bundle. I know you are worried that the trade-in bonus, college grad rebates etc. would expire at the end of this month. Only Hyundai knows if they would extend the offers next month as well. But as I said, I would be very very surprised if the rebates don't get larger in the next few months. Right now, the dealers in Houston are not in a mood to offer good deals. Even used Sonatas (even former rentals) are not being discounted at the dealers. (For ex, dealers want 14k-15k for a used former rental 09 Sonata with 35-40k miles!! HA!!) I know you've got the new car itch now. Fortune favors those with patience & the impatient become car dealer's lunch! |
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Hyundai Sonata Prices Paid and Buying Experience
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2011 Hyundai Sonata
Browse by Board
Browse by Topic
Today's Chats
