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Hyundai Sonata, Sedan
#6580 of 8855 Re: USED 2007 Hyundai Sonata 24,150 mi, Dealer asking $12,468 [schumia]
Oct 11, 2009 (7:01 pm)
Thanks for all the responses. This is a case update of our further research into used this 2007 Hyundai.
I phoned the dealer and it turned out that the car was not Hyundai factory certified - she said being Hyundai certified the dealer has to pay additional ~$1000, which means buyers will carry the costs, so the dealer simply did the 150 safety inspection themselves, so in the end, it's "dealer" certified, not by "Hyundai." The result is then that the car is not subject to additional warranty under Hyundai Certified Pre-owned Vehicle (CPOV) beyond the remaining years of the existing warranty.
And... you were right that the dealer did call me back before I did to them =). They called back saying that they're "willing" to "split" the $399 doc fee with me, whereas yesterday they're completely adamant about me paying it in full. I obviously teased them and said i'll consider their "sudden" change of mind - but this goes to say how flexible they really are in adjusting prices... as long as you're patient, time and power is always on the buyer's side!!
I left out the style of this car, it's a GLS base model 2007 Sonata, so the most basic, with no optional package, so no steering wheel volume control, power seat...etc. But we're fine with that =)
By the way, Edmunds price for 2007 Sonata GLS with 24000 mi is $11227 (buy from dealer) and $10,428 private.
Thanks for all your response!!
Looks like $12500 is a reasonable price to settle with, I'll keep working them to see if I can at least get it down to $12k flat!! Will update you on how i make out!!
#6581 of 8855 2008's $9,950.00
Oct 11, 2009 (7:15 pm)
A local dealer in So Cal (Reynolds GMC/Buick) located in West Covina has several with right around 40K miles for $9,950..00 I noticed on their website.
This dealer has been in business for years and is known for buying "off rental" and then selling them with a minimal "mark up".
#6582 of 8855 Re: USED 2007 Hyundai Sonata 24,150 mi, Dealer asking $12,468 [schumia]
Oct 11, 2009 (7:30 pm)
Why do you think it's reasonable to pay the dealer over $1000 more than Edmund's TMV price?
If you are serious about this car, you could try a counteroffer of $12k, which includes the doc fee and the Hyundai Certified Warranty. Print out the Edmund's report and show it to them. It's not like there's no used Sonatas out there.
FWIW, last spring I was offered a 2008 Sonata GLS with the moonroof package and Hyundai Certified Warranty, 30k miles, for $10,900 + tax and license. I passed on it because the car was not in great condition. I realize used car prices are generally higher now than last spring, but $12,500 seems very high for three-year-old base GLS, considering it probably sold for around $15k or less when new.
#6583 of 8855 New 2009 Sonata Limited V6
Oct 12, 2009 (12:56 pm)
Macarthy Hyundai in Olathe, KS advertised a 2009 Sonata limited V6 for under 18,000 delivered in Sunday isssue of KC Star.
#6584 of 8855 Re: New 2009 Sonata Limited V6 [ray78]
Oct 12, 2009 (3:06 pm)
Wow! It might be worth the trip to KC for that deal. There are few '09 Limited V6 that I can find in the Chicago area. The deal I identified here is the best I can find. The key here also is that this dealer is giving me the top end $$ for my trade. This is important in Illinois, as if I sell the car on my own I will have to pay sales tax on the full amount of the new car (that equates to $1,400). So, a private party sale would have to be $1,400 better than trade in to make the deal work.
From what I can tell, Hyundai does not have any financing deals on the '09s and the cheap gas promotion is over.
#6585 of 8855 Re: USED 2007 Hyundai Sonata 24,150 mi, Dealer asking $12,468 [schumia]
Oct 13, 2009 (1:18 am)
Its high. I bought a similar mileage/Sonata for 10,500 in Attleboro.
#6586 of 8855 Re: New 2009 Sonata Limited V6 [cardsfan1]
Oct 14, 2009 (7:02 am)
I went ahead with the purchase of this car. So far I am really impressed. This car is quiet, comfortable and reasonably powerful. The interior is put together nicely and has a quality feel to it. I would put it right up there with Honda and Toyota and ahead of Nissan.
The dealer experience was great. Knauz Hyundai in Lake Bluff, IL. I recommend this dealer to anyone in the Chicago area looking for a Hyundai.
#6587 of 8855 Re: New 2009 Sonata Limited V6 [cardsfan1]
Oct 14, 2009 (7:20 am)
Congratulations! I'm sure you'd enjoy it.
Could you tell us how much it finally came down to on price? Were there any special APR promos?
#6588 of 8855 Re: 2009 sonata v6 limited pearl white with nav [cbrf4rider]
Oct 14, 2009 (9:08 am)
I think you did real well, I purchased a 2009 limited sonata with Navigation,and we did not trade as my wife totalled our Pacifica,so in the end after a week of shopping and exhaustion,it came down yto..lets get it over,instead of buying used I went for new..list $26,562.00 4 cly limited,I am not a negotiator and wanted it over,paid $22,562.00..inotherwords I didnt get anything from the dealer,$3,000 rebate and another $1,000 off...I am however very happy with the car and warranty and feel I paid $2,000 to much,but dont care..I wanted it over with!!!!
#6589 of 8855 Re: New 2009 Sonata Limited V6 [wobbly_ears]
Oct 14, 2009 (11:48 am)
MSRP $27,665, paid $21,713. There were no special financing promotions on the '09 models (I got a pretty decent rate from one of their sources). Also, the $1.49 gas promotion had already expired.
They gave me top dollar for my trade, so I'm happy with the deal. The dealer experience was great and I'm liking the car so far.