Last post on Nov 08, 2013 at 3:09 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Hyundai Sonata, Sedan
#7939 of 8898 2012 Limted 2.0 Turbo purchase details... (long)
Jul 31, 2011 (3:43 pm)
Well, I have the 2nd post on this thread, and now the 7940th post. This is now my 3rd Sonata, the first one bought in 2001 (a 2002 model - that I totaled in 2009). The second bought as a replacement of the one I totaled (same 2002 make and model with a couple of different options - that I still have). Now this one (to replace my wife's Mazda MPV). We decided to try living with two family sedans instead of having one and a SUV/CUV/MV, we'll see how this goes and then we'll decide what to replace the 2002 Sonata with in the next 2 years (I hope).
Anyways, I knew I wanted a 2012 and not a 2011. I knew that I needed either a GLS with the POP package or the Limited Turbo 2.0 since my wife needed power seats (small woman) and we both do not like the stiffness of the SE (nothing wrong just preference). We have always driven 6 cyl cars so that is why we were interested in the 2.0.
I wanted to purchase through my local dealer which I've always found fair and pleasant (Key Hyundai in Milford, CT), but they did not have the car we wanted. Finally last Wednesday a GLS POP package came in and we put a deposit down to hold it (Pearl Blue with Grey) - the deal wasn't that great on it. They were insisting on MSRP because of the demand. I had gotten quotes from numerous dealers in the North East, used Costco pricing, and TrueCar.com and got them to offer $800 under MSRP (I was settling after shopping for about a week). Then Thursday morning Wayne Hyundai in Wayne, NJ called and said they had just gotten in the 2012 Limited 2.0T Grey on Grey if I was interested... They offered $800 below invoice through Truecar.com (MSRP on this car was $29.050 - included cargo mat and floor mats). I was dealing with their internet sales person named Kristina Gorgovski (let me know if I need to delete this name). Personally I thought this was framing up to be something unpleasant since it seemed to good of a deal at this time in the life cycle of this new car. I'm a nervous type of guy when it comes to big decisions, I must of asked 20 times if there were other "dealer fees" or "catches", and they promised me no. So that day (Thursday) asked me to put a $1,000 non refundable deposit on the car (which didn't make feel great - because they also didn't have the greatest reviews online - I will be giving the a positive one), but they ended up not actually processing it (their mistake)(I also cancelled my deposit on the GLS with Key Hyundai but made them aware that I will still service my car their because of their effort). I made Wayne Hyundai aware that I could only pick up the car on Saturday since they were in NJ and I was in CT. Once I made the deposit, the sale got transferred to Fernando. I wanted to get as much done over the internet that I offered to submit my CT registration on my current Hyundai for the $500 loyalty rebate, my DD214 to try and get the $500 military rebate, and to fill out a credit form to see if they could match or beat my current rate I had been offered, but they did not take me up on that offer (all of this was done at my Saturday 9AM appointment - which now that I think about it, it is a great time to make an appointment because they were crazy busy - there were no "hard sell" upgrades).
I went down there Saturday morning with my wife and daughter. I got there about 20 minutes late. Fernando got me in, reviewed my paperwork, I filled out their credit form. Then we took a test drive (my wife and I both drove it). Fernando was a great guy, really put us at ease, seemed to know exactly what he was doing and was well organized. Went back to the office and sat with Travis the finance guy. Was approved for their 3.99% 60 month offer (I should have applied for the 2.49% offer through PenFed). Was told that I didn't qualify for the military rebate because my 8 years was spent with the Army Reserves and not Active Army (I knew that was a possibility but tried anyways). Travis tried to up sell me some protection packages but was easy about it. We did decide to purchase the tire and rims protection for 5 years. The 18" tires and alloy rims are very expensive, one claim will pay for itself (my wife and I have terrible luck with tires). At first I thought they were trying to add an etching fee to my bill, but they reduced the invoice my that amount... The only "surprise" fees were $5.00 online processing fee and a $99 Credit Inquiry Fee.
Here's the break down of the invoice (2012 Sonata Limited 2.0T Grey with Grey, Floor mats, Cargo Mat):
Price of Unit: $25,000
Tire and Wheel Coverage: $595
Window Etching: $299
Total Cost of Car and Coverage: $25,894
CT Sales tax (6.375%): $1676.18
Online Processing Fee: $5
Credit Inquiry Fee: $99
CT Registration Fee: $299
Dealer Doc Fee: $399
Loyalty Rebate: -$500
Total OTD price: $27,872.18
After documents were signed, Fernando brought us back to the car and did a complete walkthrough. Hooked up both of our phones. Showed us Blue Link. It was detailed with a full talk of gas. Fernando was a busy guy but gave us all the attention we requested.
200 miles on the car, my display says I'm averaging 39 MPG (mostly highway).
I'm feeling good....
#7940 of 8898 Re: 2012 Limted 2.0 Turbo purchase details... (long) [msecc]
Jul 31, 2011 (4:23 pm)
"The 18" tires and alloy rims are very expensive, one claim will pay for itself (my wife and I have terrible luck with tires)"
You could have called your auto insurance company and covered the wheels for a TINY FRACTION of what the dealer charged you.
And what does a tire cost - no more than $200.00?
The $595.00 is a complete and total ripoff for 5 years of coverage. Who underwrites this coverage? The dealer or an insurance company? If an insurance company, WHO? What is their rating- "A","AA, or "AAA", OR LESS?
The $299.00 is window etching of the VIN number? OK-somebody steals your car and parts everything out except for the windows.
Another ripoff charge.
Enjoy your new car - your happy that is all that matters.
#7941 of 8898 Re: 2012 Limted 2.0 Turbo purchase details... (long) [chuck1]
Jul 31, 2011 (6:14 pm)
You're right about the tires... A little buyers remorse there... I will have to see if there is an option to cancel.
The etching was done and wasn't an actual charge. They reduced the price of the car by the $299.
The price should have been $25, 299 instead of $25,000.
I just put all of the info out there for others to digest. I'm not claiming I got the best deal or anything.
#7942 of 8898 Price Quote for 2012 Sontat Turbo w Nav and Pano Sunroof
Aug 03, 2011 (3:49 pm)
Been working on this for a while. What do you think for this proposal for final price?....
2012 Hyunadi Sonata Turbo SE With the nav and sunroof pkg.
Model: Sonata Turbo
Listed Price: $28,535
Manufacturer Rebate: $0
Manufacturer Finance Incentive:$0
Your Price after all applicable discounts: *$26,635
#7943 of 8898 Re: Price Quote for 2012 Sontat Turbo w Nav and Pano Sunroof [mfast1]
Aug 04, 2011 (3:41 pm)
Looks like your $26,635 in right at invoice, maybe $100 under, but if this includes the $500 valued owner Hyundai coupon, 8/2/11 to 8/31/11, you are paying way to much. Even without the coupon, $26,635 is around invoice and there are dealers selling any Sonata you select from $700 to $1000 under invoice. I purchased mine at $700 under invoice then saw another post at $1000 under invoice for a 2012. Good luck!
#7944 of 8898 Re: Price Quote for 2012 Sontat Turbo w Nav and Pano Sunroof [tjx]
Aug 04, 2011 (6:40 pm)
Im getting quotes from 2 places competing - One said he would locate an 12 SE 2.0T with indigo paint and the nav package quoted me 25768, wants a 500 deposit to get it, another has a black in stock same engine with nav for 26206, are any of these good deals?
#7945 of 8898 Is this price OK?
Aug 04, 2011 (9:44 pm)
2012 Hyundai Sonata LTD
Total -->$25,555.00 w/Destination
At 25,500 i think i'm better off buying an accord??
What would anyone pay for this car?
#7946 of 8898 Re: Price Quote for 2012 Sontat Turbo w Nav and Pano Sunroof [tjx]
Aug 04, 2011 (11:06 pm)
Way too much might be a little exaggerated. Its not like i paid MSRP.It does not include $500 valued Hyundai coupon. My thoughts are it cost approx 300-350 under factory invoice or about $500 over cost. Given that I live I a metro area of approx 2 million people and this is the only 2.0T within 167 miles I am not going to complain too hard. I feel I got a very fair price. It was only at the dealer for 1 day and if I did not buy it someone else would have for $1,000 more than I paid this weekend.
Will it be cheaper in Nov or Dec... probably. Will I enjoy it every day between now and then.....absolutely. For $500 spread out over 3 year terms ie 46 cents a day I am a happy camper.
Sales tax = $0.00 so that helps and wow what an amazing car. Quite a step up from 10 year old civic
#7947 of 8898 Re: Price Quote for 2012 Sontat Turbo w Nav and Pano Sunroof [tjx]
Aug 04, 2011 (11:27 pm)
YES A LITTLE TO MUCH,,I PURCHASED MINE FOR 25,721,SAME CAR BUT NO PONO ROOF. I TRADED IN A 2011 FOR IT THEY GAVE ME 21,450 FOR IT I ONLY HAD 4200 MILES ON IT.I JUST LOVE THAT TURBO MOTOR,AND ALL THE OTHER THINGS THE CAR HAS ON IT.PS THE STCKER ON THE CAR WAS28,490.
#7948 of 8898 Price Quote for 2012 Sontat Turbo w Nav and Pano Sunroof
Aug 05, 2011 (7:43 am)
I know I posted a response to another post like this earlier, but I need some help, or advice, or input so to speak on what people think of this situation...
On one hand I have a dealer, in Omaha, NE, that has a black 2012 SE 2.0T with the Nav/Sunroof package in stock, and hes quoting me $26,206 plus tax/license
On the other hand, there is another dealer in the same area who said he would locate a 2012 SE 2.0T with nav/sunroof, in indigo night paint (which is what I really want), quoting $25,768 plus $399 documentation fee and tax/license, but wants a $500 deposit to find/transport the car... I don't necessarily feel comfortable putting that $500 down without knowing he can find the car I want.
Any/neither/both of these offers/situations sound like decent deals? Advice? Thanks!