Last post on May 23, 2013 at 12:43 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Hyundai Sonata, Sedan
#8141 of 8853 Re: 2012 Sonata 2.4 SE 22,800 OTD good price??? [longo2]
Dec 27, 2011 (6:50 pm)
The old days of buying the same car again and again are over...brand loyalty is starting to become a thing of the past. I went from Toyota to Nissan to Honda and if I had to buy a car today, I'd either go to Hyundai or Buick, as in Verano. Got new plugs and a air filter for the Mazda3 since we're over the 100k mrk and talked with the wife. Told her she needs to go soon and do her test drives and definitely plugged the Verano. Considering that she wants a car that can get out of it's own way, the 2.4 in the Verano looks like it hits all the wants she has. Showed a pic of the Lacrosse and Regal and she liked the styling. The new Mazda3 has the same body style as hers, which she noticed, and she wants something different I'm finding out.
Agree that Hyundai has really raised the bar and they can sell autos without thousands in rebates by making good looking reliable cars. This is making the other guys take notice that their new products will have to be class leading from here on out. Look at Honda, they didn't go far enough with the new Civic and they know they have to fix it...and fast. Same problem they had with the last generation Accord. People really hated the 2005 model so much that they had to make a real change for the 2006 & 2007 models. What should have been just a mild refresh of the front and rear facia was much more than that, they actually looked like different cars. People expect more now and won't settle for blah styling and de-contented interiors. Hopefully Nissan and Toyota are listening very carefully here...their new compacts could be a real game changer!
#8142 of 8853 Re: 2012 Sonata Limited 2.0T with Navi (Tampa Bay) [donaldduck1]
Dec 27, 2011 (9:49 pm)
The Truecar quote I asked for was for the White one, which was $200 extra and already $1,500 below invoice, but I ended up getting the silver and the salesperson knocked off $200 from the Truecar price. I switched to silver after test-driving, but the dealer did not have it on their lot. In the end, he was able to swap with another dealer (they paid for transportation) and still honored the Truecar price, along with some added options that were not on the Quote, so i saved even more money. I'm glad I purchased the Silver and am loving my new car!
#8143 of 8853 Midwest 2012 2.0T Purchase
Dec 31, 2011 (7:51 am)
I think I got a great deal after research from this board, Edmunds true pricing, truecar.com, and comments from other dealers in town. I bought this last night, 12/30/2012.
2012 Sonata 2.0T Turbo - Harbor Gray
Net for trunk
Selling price: $25700
Trade-in: $4891.08 - (There is no way my trade was worth anything more than $1000 (and they knew it) but they gave me almost 5k)
Drive away tag $35.00
Doc Fee 156.08
OTD (out the door) = $21,000
With the true value of my trade in I basically could have bought this car for $22,000 OTD without a trade-in.
I did not get any rebates from Hyundai. They had the $500 cash back for financing which they said would bring me OTD to $20,500 but I had a much better bank rate than the 60 mo. 3.9% they offered. I also didn't qualify for any loyalty or military incentives.
My trade was a 2001 high mileage piece of junk which had body damage front to back, had electrical problems causing the rear door locks and windows not to work, the heat didn't work, the oil leaked, I could go on and on. The KBB trade-in Fair condition price was about $1,500 but I don't even think it could even classify as fair and I was offered $1000 from several dealerships.
I shopped a lot of dealers in town and had them competing against each other but eventually went with a dealer 2 hours from my house because he was no hassle and beat the 6 other dealers in my town by more than a $1,000 OTD.
My friend has a 2011 Sonata Limited Turbo and he referred me to a dealer in town who said they would beat anyone. After much negotiation they were only able to get to $22,300 OTD. I have a voicemail of the salesmen telling me that if the offer I had from the dealership 2 hours away was real then it was an incredible deal and that I should hurry and go get it. It's kind of funny because the message is a couple minutes of him telling me what an incredible offer I'm getting at the competing dealership.
After having SEVERAL dealerships tell me they COULD NOT match the deal I feel great with what I got.
#8144 of 8853 Re: Midwest 2012 2.0T Purchase [andrewn]
Dec 31, 2011 (1:13 pm)
I think you got a great deal. I have 2 questions for you:
1. Did you opt to get the Navigation and Sunroof in your OTD 21k? If not, how much extra would that have been, any info?
2. The second quote that you got through your friend's referred dealer, was that for the same 2012 Sonata 2.0T Turbo or the Limited?
I am interested in a limited with navigation and sunroof, and have been hunting for a good deal for almost a year now. I currently drive a 2005 Elantra.
#8145 of 8853 Re: Midwest 2012 2.0T Purchase [sephirothk]
Dec 31, 2011 (1:56 pm)
1. I did not opt for navigation and sunroof as that would all have been more. I don't know how much more exactly because I didn't investigate it.
2. The dealer my friend referred me to was offering the exact same car. The great thing about buying new is that I could contact each dealer and tell them I wanted a new 2012 2.0T in Gray. Buying new made it so that when I contacted different dealers and got quotes I could see who had the best deal. When I was looking at used they all had different miles and features so it was hard to compare.
The limited is awesome but I wasn't shopping that so I don't know too much about it. I would tell you though that unless you drive slow you should go with a Limited with turbo. It is SOOO much faster and fun to drive the turbo engine.
Edmonds should tell you what the invoice price is for your car. In my case the sticker in window says 25,700, and Edmonds and true car information puts the invoice somewhere close to 24,500. True car estimated the dealer cost to be $23,582. The truecar.com price was $23,921 for my area and the Edmons TMV price was $24,417. I believe I beat those "Good" prices by at least $2,000 in my deal and I was at least $2000 under invoice and possibly more.
My recommendation would be to make sure you use the Edmonds features and truecar.com to understand what the invoice price is for what you want, what other people are paying, and then push to have them beat it by $3000 which I knew I wasn't actually going to get. I think my final deal put me about $2,000 under invoice. The number I was telling all the dealerships was going to require them to make a deal with me that was well under invoice. What seemed to work best was to tell them upfront that based on my research I expected a Generous offer on my trade(more than KBB) and a sales price Under invoice. In my case it wasn't too hard to get under invoice offers but only by a few hundred under at most dealers except the one that REALLY wanted my business. Get your offers and then work the dealers against each other. Also, giving them reasons why I wasn't available to come in person worked well too because I was able to quickly go back and forth with dealers over the phone and email. It is a lot less pressure on you that way and a lot less time and effort as well.
Good Luck .. If you live in the Missouri / Illinois area I know what dealership you should contact. I live in a major city but made a 4 hour drive for the right deal.
#8146 of 8853 2012 Sonata SE 2.0T
Jan 01, 2012 (11:33 am)
I really need you help guys to find out that I got a good deal yesterday leasing this vehicle.
$3000 cash down with ($1000 in rebates -Loyalty and dealer coupon) $4000 Total
Gross Capitalized cost $25148
Capitalized cost reduction $2619
Adjusted capitalized cost $23123.65
Residual value $15999.10
total of base monthly payments $9124.20
lease payments 36
I added the basic care that it will take care of scratches , tires and other things for $860
Total monthly payments $270 (taxes included)
Is this a good deal? I don't know what to think..its my first lease and I was so tired yesterday and I really need a car. I need to go to the dealer to get the carpets and set up the bluelink but I'm waiting for a lease savy to help me out if this is something good of a deal.
Thank you guys....
#8147 of 8853 2012 sonata limited fully loaded
Jan 01, 2012 (9:36 pm)
Hi guys n gals...just wanted to get eveyones opinion. I just bought the 2012 sonata limited in shimmering white fully loaded, navi, panoramic roof, mud guards, mats, nets, paint protection, leather protection and pretty much the whole shebang for $29000 including TTL. This included the $500 off for financing. I live in the LA area so tax is quite high. 8.75% to be exact. I dont feel like i got a super great deal but i dont feel its a bad one either so just wanted to get everyones opinion. Either way i love this car. Appreciate any feedbacks. Thanks.
#8148 of 8853 Re: 2012 Sonata SE 2.0T [jmhjp]
Jan 01, 2012 (9:54 pm)
Is there some way you can get out of this lease if you find out it was not a good deal, in the opinion of others?
If not... don't worry about it. It's done. Enjoy your new car.
But on your next car... try not to negotiate the deal when you are tired and in desperate need of a car.
#8149 of 8853 2012 Sonata SE 2.0T
Jan 02, 2012 (7:39 am)
They are giving me 3 days or 300 miles ..I can get out of this deal YES...that's the reason I'm trying to ask you giuys what do..
What's wrong with my lease deal? I never did a lease thats the reason I don't know what to do . I spent 6 hours at the dealership on new years eve.....It was a very long day.
What do you guys thing I should do?? Don't put money down??
I'm going to the dealer today so please someone help me out.What should I do to get a better deal?
#8150 of 8853 2012 Sonata SE 2.0T
Jan 02, 2012 (10:00 am)
My credit is 693, maybe this is the problem with me not getting the best deal out there.
Let me know guys what do you think....the clock is ticking.....thank you .