Last post on May 18, 2013 at 10:49 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Hyundai Sonata, Sedan
#8541 of 8851 Re: 2013 Hyundai Sonata GLS [999eezz]
Nov 01, 2012 (11:19 am)
I have no idea what type of rebates I have gotten. I follow Brian's and Steve's calculation to figure out my offer price. Initially, I asked for $20400 OTD for a basic model without package. The dealer agreed to that price. However, I went to the wrong dealer, that dealer doesn't have the color I want but they offerred me $20000 OTD to take another color. The 2nd color choice they have has the package built in. So I added $600. I guess we don't have to know of what current incentives or rebates, they always have something going on. Just follow Brian's calculation. You will never go wrong. Remember to purchase your car at the end of the month. Call all dealerships to tell them you offer price. It is so much easier than negotiating back and forth. Good luck.
Thanks Steve and Brian for your advices.
I was offerred $1295 for 10 yrs/?? miles, $0 deductible hyundai Platinum extended warranty (administer by Fidelity), should I buy it? Finance manager said I can purchase it within a week. The reason why I am considering is too many electronic components that can fail easily, like bluetooth, computer parts...etc. Please advice
#8542 of 8851 Re: 2013 Hyundai Sonata GLS [steven39]
Nov 01, 2012 (3:59 pm)
Just looked it up, the msrp was $22595.
#8543 of 8851 Re: Sonata 2012 SE 2.4 [xfast]
Nov 01, 2012 (5:52 pm)
I was curious to see if you bought your 2013 SE, I am starting to look for a new car and am trying to get some figures to take into the dealership. Thanks.
#8544 of 8851 Negotiated Prices for Leases?
Nov 02, 2012 (8:46 am)
Been following the posts in here for the past month or so gearing up towards getting my new car. It's been so helpful and I'm starting to feel quite confident (although never as confident as until after you've successfully done something) about going through this process. I live in NY and we were hit hard with this storm as most who aren't from the Northeast probably know about. In any case, I thought I had the perfect situation with respect to going in on Oct 31 since Monday and Tuesday everything was shut down. I was expecting to be in tip top shape for prime negotiation, but was still unable to get there then I know the end of the month is always best, but I'm hoping that with this crisis that's been going on there haven't been many sales and they'll be willing to do a good deal, as I don't really have much of a choice now with my current lease set to go back on the 10th.
In any event, I've been going back and forth on what to do for this next one, but from your knowledge and experience, would this negotiation work just the same with respect to the sales price of the car within a lease deal?
#8545 of 8851 Re: Negotiated Prices for Leases? [sirjared]
Nov 02, 2012 (10:37 am)
I live in Maryland and bought my '13 Sonata Limited w/ Premium package in "Shimmering White" (+$200!) on the 31st. I thought I had done well until I read this forum. I've been having buyer's remorse since the drive home. I like the car a lot, but I wanted so badly to get a good deal and now I'm totally distraught over the price I paid.
All the dealerships in my area (Frederick and Washington counties) were either closed, had phone lines down, or were just otherwise not making a lot of sales on Monday and Tuesday during the brunt of Sandy. I figured I had picked a really sweet time to go for the purchase. I worked two local dealers on the phone (one about 50 miles from where I work) and they wound up coming to equilibrium. I picked the further dealership which I actually preferred because I had been in a year ago and they treated me much better than when I went for a test drive at the closer dealer.
After the deal was done, I immediately realized I paid too much: My "OTD" price was 27,050... but that included $200 doc fees (d'oh!), and -$1500 in rebates. The sales guy kept going on about how he had never seen a sonata discounted that deeply (yada yada yada). I had been using truecar and various sources to try to find a good price, but I missed out on finding actual buyer stories.
Oh... and that wasn't my OTD price. I said no to the extended warranty and service plans three times... but not a fourth. Tacked on an additional $1900 in the end. I knew it was dumb as the words came out of my mouth, but... what can I say. I'm a sucker. For the past two days, I've been calling Fidelity Warranty (owns the Hyundai extended service/warranty plans) to try to cancel. They don't have record of the contract yet (they do say it takes 2 business days to get into the system). If I can successfully cancel the contract (good luck to me), I'll at least feel a little better about the price I paid.
Point being, I don't think Sandy gave anyone an advantage at the dealer that wouldn't already have an advantage due to their strong negotiation skills.
#8546 of 8851 GREAT JOB 999EEE FAST AND EASY
Nov 03, 2012 (8:42 pm)
#8547 of 8851 Re: Negotiated Prices for Leases? [sirjared]
Nov 03, 2012 (9:48 pm)
LEASING, when you lease a car same rule applies. Always try to Negotiate your lowest price for the car 1st. Find out before you lease the residual, and money factor for that model car. This is the formula they use for the monthly payment. Go to Edmunds leasing forum ask the Car Man for residual , and money factor on your lease period. Make sure you tell him 12k or 15k per year and the make and model.
Nov 07, 2012 (6:33 pm)
I am getting quotes around $18400 in the Charlotte NC area. This is not otd. I've found a dealer in Roanoke VA offering 15997 if you are recent college grad and military or 16,887 without. Both those figures do not include freight which is 825. Must be a Virginia thing. It seems realistic to get these cars sub 18,000 without the preferred package that has the rims and such. Do heated cloth seats really matter?
#8549 of 8851 Re: Really low GLS prices [pooperscooper]
Nov 07, 2012 (6:51 pm)
I found that its best to not even ask for a quote from a dealer. That's the first mistake many people make.
You put yourself in the drivers seat by giving the dealer your price based on the options and packages you want.
For example, you see a car in stock with a specific total MSRP. Make an offer based on research and knowledge of invoice price and incentives.
You can get all incentives regardless of being a recent grad, veteran, etc.
#8550 of 8851 Re: Really low GLS prices [saz25]
Nov 08, 2012 (7:44 am)
Wow, those are some low prices in that area. I live up in NY and am not getting as great of pricing. Is there a way to work with those dealers without having to drive there?? haha
Hey Steve, I've seen you mention before about being able to get the incentives even when you don't qualify. How do you manage this, just tell them you want all incentives and if they ask for proof you just tell them you don't have it but you want them anyway? I wish I had you on my side going in there, I picture the salesman shaking in their seats when they try to pull their games and you slam it right back in their face haha. Thanks for all your posts.