Last post on May 20, 2013 at 9:55 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Hyundai Sonata, Sedan
#8443 of 8852 Re: Bought a new 2013 Hyundai Sonata Limited [jdhyundai]
Sep 11, 2012 (8:50 pm)
I don't remember exactly as I bought the car for my Dad and I negotiated the deal last week. I don't have the paperwork. But what I could tell you is that the total msrp with options (including destination charge) was just over $30K. no remote starter or bumper appliqué or mud guards. But it does the have premium package with back up cam, nav, panoramic sun/moon roof, floor and cargo mats, etc.
This is before sales tax, license, etc.
As for rebates ask for them all regardless of your situation. I did. I just told them that I'd pay $25000 for the $30000 car. I researched their invoice and it's around $27500, plus they get a 3% holdback on the full $30000, plus other monthly incentives.
I also said I would not pay their $695 dealer doc fee.
It took a lot of whining but they agreed. My Dad loves the car.
#8444 of 8852 Re: Bought a new 2013 Hyundai Sonata Limited [saz25]
Sep 11, 2012 (8:54 pm)
I estimate they made about $300 profit., no more.
We also said no to everything the business manager wanted to add like tire warranty, gap ins, ext warranty, fabric/leather guard,etc.
You can get better ext warranty prices from other Hundai dealers online.
#8445 of 8852 Re: 2013 Limited 2.0T w/o Nav Good Deal? [tim1987]
Sep 12, 2012 (10:27 am)
Does this include Premium package: navigation and all that?
#8446 of 8852 Re: 2013 Limited 2.0T w/o Nav Good Deal? [nafis]
Sep 12, 2012 (11:10 am)
Yes, I wrote that in my previous post. I wrote:
"But it does have the premium package with back up cam, nav, panoramic sun/moon roof, floor and cargo mats, etc. "
#8447 of 8852 Re: Bought a new 2013 Hyundai Sonata Limited [cktelnet]
Sep 23, 2012 (7:25 am)
Just bought a new 2013 sonata limited without premium package for otd 24600.
I live in northern cal and the taxes are typically 8 to 9 percent. Not sure if I could have gone further down on the price as I was insistent on having a black on black car. The car price quoted on the paper was 23225 and I got a 1000 rebate for financing for 60m at 2.9 apr. I am gonna refinance from my credit union for 2.25% for 84 months after a month.
The guy tried to sell me a lease for the above deal, the per month payment was 340 with taxes and the car residual value would have been 15600. there was a 850 downpayment to cover first payment and some misce fees.
I almost was about to sign it and walked away as I had not done any research.
Really appreciate your thought. Thanks.
#8448 of 8852 Re: Bought a new 2013 Hyundai Sonata Limited [raj43]
Sep 23, 2012 (7:39 am)
It was good that you walked away. You shouldn't mentioned lease or loan stuff until you first negotiate the final car purchase price.
Since the dealer hold back on a Hyundai is 3% of total MSRP, there is a lot of room to play with, plus at end of month they have more incentive to make a deal at almost any price.
By calling several local dealers on the phone you should negotiate before walking into a dealer. I've done that 3 times now. Only then do you walk into the dealer to sign papers.
For a fully loaded Sonata with MSRP of about $30,000, you should not pay more than $25,000. Also refuse to pay dealer fees. Have them reduce the price accordingly. Then of course you add tax, title and reg fees.
#8449 of 8852 Re: 2013 Sonata - GLS, no option package [chicityguy]
Sep 24, 2012 (6:24 am)
Who is the dealer? Did you get $18,500 OTD price?
#8450 of 8852 press request
by kirstie_h HOST
Sep 24, 2012 (9:18 am)
Did you recently buy a new car because the financing offer was too good to pass up? If so, a reporter would like to talk with you about your experience. Please contact predmunds.com by end of day Tuesday, September 25, 2012 with a brief account of your purchase and your preferred contact information.
#8451 of 8852 Re: 2013 Sonata - GLS, no option package [chicityguy]
Sep 24, 2012 (4:49 pm)
Which dealer did you buy the car from? Thanks very much
#8452 of 8852 Re: Bought a new 2013 Hyundai Sonata Limited [saz25]
Sep 25, 2012 (12:40 am)
How do you arrive at an expected price like that? This is my first negotiated purchase and I'm having difficulty coming to what should be my target price. You'll probably ask what model and so I'd likely have to say the GLS with the Popular equipment package because of my budget, but if could get the Limited for 22k like was mentioned earlier, I could probably stretch it to swing that...or at least be heavily tempted to try and find a way to swing that.
I just won't be able to get it out of my mind for way too long than I want if I am not certain that I got a deal that not every dealer would even be willing to do because it cut their profit margin so small. I'm assuming I'll most likely be getting agreement from a high volume dealership going for volume sales kickbacks from the manufacturer. I just need some help figuring out what price that would be. I'm willing to be firm in negotiating if the price is realistic, whether it's one they'll readily do or not, but since I have no clue what is or isn't, I don't want to just be making up numbers and stubbornly refusing to budge in total vain. I just can't stand the thought of a dealer making more money than they need to when they didn't really do much for me besides lie and try to get as much money out of me as they can.
Hoping to try and make a good deal with the end of the month coming up, though I'm contemplating risking that October will have more aggressive deals. Thanks for any input, advice and help