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Hyundai Sonata Prices Paid and Buying Experience

8853 messages,  Last post on May 23, 2013 at 12:43 AM

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

What is this discussion about? Hyundai Sonata, Sedan

Messages Page 880 of 886

#8784 of 8853 Re: Did I get a good deal on the Sonata Limited 2.0T [danslevin] by maureen14

Jan 13, 2013 (10:08 am)

Replying to: danslevin (Jan 09, 2013 9:52 am)
Hi there. Have been checking out these forums for quite some time. You wrote that you got the limited 2.0 for 23,150 including taxes and title. What was your price before tax and title?
My son is interested in the se 2.0 and when I figure out the whole deal with what Steve writes, it comes to about 21800 without tax and title. (He wants spoiler and mud guards). If I add in tax and title, it comes to more than what you paid for a limited. We are from long island, but would be willing to travel for a price that good. If he could get the limited for that price, he would be extremely happy. Thanks for your help.
 
Maureen

#8785 of 8853 Reader Beware by pegasus17

Jan 13, 2013 (11:13 am)

Replying to: maureen14 (Jan 13, 2013 10:08 am)
REF: 8784
Don't believe everything you see on these forums. That deal is not possible unless it's a demo with tons of miles on it. His numbers don't add up and he hasn't responded to my inquiry either.

#8786 of 8853 Re: 2013 Sonata vs Accord [pegasus17] by unlv_rebels

Jan 13, 2013 (3:38 pm)

Replying to: pegasus17 (Jan 11, 2013 1:34 pm)
Thanks for your suggestion.
 
I did look into Optima too. It appears that one can get a Sonata GLS with PEP for $20k OTD (with HMF cash, owner and student/veteran rebates), Optima LX with CP for about $21-$21.5K (with KMF cash and student/veteran but without owner or competitive rebate) and Accord LX for $21.5k-$22.5k.
 
An Optima's safety rating is below Accord but higher than Sonata. The mileage is same as a Sonata but less than an Accord. Hence, one will be paying about $1k more than a Sonata for its slightly better safety ratings.
 
IMHO, it may be better to spend about $2k more on an Accord instead of about $1k on an Optima (same mileage as a Sonata) because an Accord has better mileage (min $2k gas cost saving for about 100k miles) and highest safety ratings among these 3 cars. Hence, the effective cost of an Accord could be about $20k, if one is planning to keep the vehicle for a long time (> 100k miles), provided there is no huge repair bill due to its shorter warranty. In addition, one's mind will be peaceful knowing that he/she has the vehicle that has the highest safety ratings in its class at the time of purchase, besides the higher reliability and reputation of a Honda vehicle.
 
Earlier, I was ready to purchase a Sonata. The vehicle was supposed to be at the dealer's lot before Christmas. But it did not come due to some issues. It will be coming only towards the end of Jan. I have the buyer's order but did not sign it yet. Thankfully, I came across IIHS 2013 tests around Jan first week. After seeing the IIHS 2013 small overlap tests, I just cannot digest the fact that Sonata's side-curtain airbags did not open. IIHS says about 25% of frontal crash is similar to this test.
 
An Accord's style and warranty is not as good as an Optima/Sonata but it's mileage and safety ratings are better. Right now, I decided to go for an Accord 2013. May be it was a blessing in disguise for not getting the Sonata in time.
 
If, I would have across the IIHS 2013 test before Dec 31, I would have shopped for a Honda before Dec 31 and obtained a decent deal on Dec 31. Right now, I am getting offers for about $21,200 before TTL. I can get much cheaper price (around $20,600) in CA but its sales tax is very high and it negates the difference.

#8787 of 8853 Re: 2013 Sonata vs Accord [unlv_rebels] by pegasus17

Jan 13, 2013 (4:22 pm)

Replying to: unlv_rebels (Jan 13, 2013 3:38 pm)
I like your thought process. However, one rule i have is to NEVER buy a car in its first model year (even a Honda). I leased my new 2011 Sonata GLS in April 2010 since i knew it would be covered by warranty and 3 years has gone fast. I almost bought a 2010 Accord that time but i liked the Sonata better. It has been very reliable. Two recalls (both software) and one power window switch replacement are all the mx I've had to date. I've started the buying process for a replacement since the buyout price is too high (60% residual) and the value isn't there (sadly). I still like the car but not enough to overpay for it. The competition has caught up and there are many options in this class of sedan. One thing i've noticed already is that the lease terms in 2013 are NOT as good as they were in 2010 (for most cars). Good luck in your quest.

#8788 of 8853 Re: 2013 Sonata vs Accord [pegasus17] by backy

Jan 13, 2013 (5:10 pm)

Replying to: pegasus17 (Jan 13, 2013 4:22 pm)
Good point. Hondas are reliable but have been known to have problems, including in transmissions on Accords... and the Accord's CVT is a new design. Unless I were blown away by a car compared to lower-cost competitors, I'd tend to get the lowest-priced option that I like. And right now the lease deals and pricing on the Sonata seem excellent compared to competitors like the Accord, e.g. 3 year nothing-out-of-pocket leases on the Sonata GLS PEP for close to $200/month.
 
At least for the first two months of ownership, my wife's 2013 Sonata GLS has been perfect... tracks beautifully, no squeaks or rattles even at below zero F temps, no problems at all. So having been in production for nearly 3 years seems to have helped the Sonata.

#8789 of 8853 Re: 2013 Sonata vs Accord [backy] by pegasus17

Jan 13, 2013 (5:15 pm)

Replying to: backy (Jan 13, 2013 5:10 pm)
Accord has both direct injection and CVT as new powertrain technology; not new to honda but new on their mainstream sedan. i am waiting for the 2014 Sonata refresh if it ever comes out. Very limited info to be had anywhere.
Where are you seeing those 200/month deals on the Sonata? Must include some serious lease incentives to get that low...

#8790 of 8853 Re: Did I get a good deal on the Sonata Limited 2.0T [maureen14] by ruthg3

Jan 13, 2013 (5:20 pm)

Replying to: maureen14 (Jan 13, 2013 10:08 am)
Does the price of 21800 include the $595 fin fee in leasing? If so, that's a good price! I leased a 2013 limited in December with options for $21,370 but then added the $595, fees and tax. I also had the $1500 cash back, $500 loyalty rebate.
Good luck with your purchase!

#8791 of 8853 Re: 2013 Sonata vs Accord [pegasus17] by backy

Jan 13, 2013 (5:21 pm)

Replying to: pegasus17 (Jan 13, 2013 5:15 pm)
I'm seeing those deals close to $200/month reported here at Edmunds.com.

#8792 of 8853 Re: 2013 Sonata vs Accord [backy] by pegasus17

Jan 13, 2013 (9:34 pm)

Replying to: backy (Jan 13, 2013 5:21 pm)
REF: 8791
I remember you from 2010 and hyundai-forums.com. Deals reported on this edmunds web site are not always real. Wish it were so but the TRUE data does not support it.

#8793 of 8853 Re: Did I get a good deal on the Sonata Limited 2.0T [ruthg3] by maureen14

Jan 14, 2013 (6:22 am)

Replying to: ruthg3 (Jan 13, 2013 5:20 pm)
We are purchasing an se turbo not the limited.
 
That was just the numbers I was figuring from the 3% holdback and taking 2000 off for incentives. Haven't tried to get it yet! He would be buying (not leasing) the se turbo with rear spoiler and mud guards. I am not sure if that is the offer we should make or if it is way off. That would be w destination fee, but not with tax and title. Dang tax!
 
This is how I figured it -
MSRP 26035 3% is 781
Invoice 24638 - 781 = 23857
If I take off 1500 incentives it is 22357. If I take off 2000, it is 21857.
Steve says to go for all the incentives and just put it in the price you offer. Does that seem right?
 
Thanks for any assistance. This is just so darn nerve racking.
 
Maureen

Messages Page 880 of 886

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