Hyundai Sonata Prices Paid and Buying Experience

8852 messages,  Last post on May 20, 2013 at 9:55 AM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

What is this discussion about? Hyundai Sonata, Sedan

#8513 of 8852 Re: 2013 Hyundai Sonata Limited [ekg2] by saz25

Oct 22, 2012 (5:26 pm)

Replying to: ekg2 (Oct 21, 2012 11:08 pm)
Hi,
Its really very simple. I calculate (from Edmunds) the MSRP and invoice price of the total package I'm looking at. Then I subtract 3% (hold-back on a Hyundai) of the total MSRP. Then if there are incentives in place, I subtract all of them. If not I subtract approx. $1500. Even if you don't qualify, it doesn't matter. Factor into your quote. I then round it to a nice clean number. I never tell the sales people how I arrived at the quote. If you do, they will lie to you and say that you have the wrong invoice or that they no longer have hold-backs.
 
So here are my numbers:
Total MSRP: $29,765
Total Invoice: $27,781
Hold-back: $892.95
Total incentives currently in place: $2000
 
$27,781
-$892.95
-$2000
------------
$24,888.05 (so I rounded to $25,000 even)
 
I used this same process buying a 2013 Lexus RX350 in MA and a 2013 Toyota Prius IV in NH; all in the last 3 months.
 
I could have gotten the above Sonata at the $25,000 price from 2 Florida dealers. After calling 5 dealers, 2 agreed to my price. Two others came close, like within $500 or so. Also, I insisted and paid no Doc fee, as I made the clear upfront when made my quotes.
 
Good luck.
Steve
P.S.: I really like buying cars. Its cool to see them wiggle and get management involved in order to deal with me.

#8514 of 8852 GREAT ADVICE BY STEVE by brian125

Oct 22, 2012 (6:19 pm)

Steve
        Your Clever like a Fox. Everybody should buy like us. I;d like to make one point. This system works 95.%.. Supply and demand do play a big part in the car buying game so sometimes you have to be patient and wait out the hot new models a Few months or you will pay the extra dough. My buying tech are alot like Saz [ steve] but i'll tell you this... Try buying a BMW or Mercedes,Range Rover etc hard to get below invoice. I never have in 30 yrs. Buying a American car, Hyundia ,Kia , Nissans and Toyotas have always been great for 1 to 2 k below Invoice Pricing.Its like taking candy out of the store. Good luck... Hyundia Sonatas are there for the taken ............ PLAY THE GAME.....................

#8515 of 8852 Re: GREAT ADVICE BY STEVE [brian125] by saz25

Oct 22, 2012 (6:42 pm)

Replying to: brian125 (Oct 22, 2012 6:19 pm)
Brian,
Yes you are correct. When I bought my Corvette, I certainly didn't get as good a deal as I get when I buy a much larger volume car.
 
Steve

#8516 of 8852 Re: yes you can jcc [brian125] by jjc0821

Oct 23, 2012 (7:57 am)

Replying to: brian125 (Oct 16, 2012 1:52 pm)
Thanks for the help Brian!
MSRP 28,110 (hybrid with leather trim)
Purchasing for 24,700 and also getting the 1,000 rebate and a decent value for my trade

#8517 of 8852 Re: 2013 Hyundai Sonata Limited [saz25] by shedrow

Oct 23, 2012 (8:24 am)

Replying to: saz25 (Oct 21, 2012 3:11 pm)
What works for me is I call and ask to speak to the fleet dealer. I tell him or her that I am ready to buy today and what I want. If the fleet dealer is willing to sell to you it is the lowest price. I was quoted 22159 for a Sonata Limited w/o navigation, but with floor mats mud guards etc. The car and paper work were ready when I got to the dealership. The process took about one hour including instructions on the car features. Of course I did plenty of research and took a test drive before making the call.

#8518 of 8852 Re: 2013 Hyundai Sonata Limited [saz25] by 999eezz

Oct 23, 2012 (9:58 am)

Replying to: saz25 (Oct 22, 2012 5:26 pm)
Hi Steve,
I am interested to purchase a Sonata Gls model. I don't really need any package except floor mat, cargo mat and tinted window. I checked edmund invocie price without tinted window is $21036. MSRP $21965. Dealer quoted me $19984 (include finance incentive of $1000)before tax & title, with tinted window. Is this a good price? If I use your formula, then....
 
invoce : 21036.00
hold back : -892.95
incentive : -2000.00
 
final price : 18143.05, Can I really get this price? How much does tinted window cost?

#8519 of 8852 Re: Here's my deal [astrol] by jf2012

Oct 23, 2012 (11:34 am)

Replying to: astrol (Aug 28, 2001 12:42 pm)
Just Paid $ 20,000 OTD for a 2013 Hyundai Sonota GLS with GLS popular Equipment Package, Floor mats, Cargo Net, Mud guards, and Auto-Dimming Rearview Mirror with HomeLink and Compass.
 
MSRP $ 22,895
 
Is this a good deal? I am in Pittsburgh, PA

#8520 of 8852 Re: Here's my deal [jf2012] by jlindh

Oct 23, 2012 (12:26 pm)

Replying to: jf2012 (Oct 23, 2012 11:34 am)
Does that include taxes and fees? If not, how did you make it out the door without paying them???

#8521 of 8852 Re: Here's my deal [jlindh] by jf2012

Oct 23, 2012 (12:51 pm)

Replying to: jlindh (Oct 23, 2012 12:26 pm)
Yes. The taxes and documentation fees and included.
 
MSRP $ 22,895 (base+package)
- $1,500 incentive
- ~ 2895 discount
------------------------------------
Price ~ $18500
 
+ Taxes+fees
 
-----------------------------------
Final $20,000

#8522 of 8852 Re: yes you can jcc [jjc0821] by brian125

Oct 23, 2012 (1:02 pm)

Replying to: jjc0821 (Oct 23, 2012 7:57 am)
Good job jjc. Dont you feel alot better now , look at the great price you nailed down.. enjoy your car...................Brian
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