Hyundai Sonata: Prices Paid & Buying Experience

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

You are in the Hyundai Sonata Forum.

What is this discussion about? Hyundai Sonata, Sedan

#8772 of 8852 Re: Need some help [drichie97] by drichie97

Jan 03, 2013 (9:10 pm)

Replying to: drichie97 (Jan 03, 2013 8:53 pm)
To phrase that question a little better, what should my target price be?

#8773 of 8852 2013 Sonata SE 2.4L with Navigation/Harbor Gray by blacmax

Jan 04, 2013 (10:47 am)

I recently bought this car in New Orleans.
 
MSRP: 27,515 (invoice $26,085)= NAV, Carpet floor mats, Cargo Mat, Cargo Net, Mirror w/homelink. (salesman added window etching/Ipod cord- tried to get window tint but the dealership didn't do window tinting)
 
Dealer added "value": $1095 (my est. invoice & $572) Accent package? Paint/fabric protector/splash guards.***words of advice, shopping on websites do not prepare you for the actual dealer added items that you have no idea about until you see the car. The first place I went to, had $1,700 worth of extras. These can catch you off guard as you don't really know how to properly negotiate them. I was thrown off, as $27,515 MSRP was my price I was working with and getting in my head before I went to the dealership. I also went on Fitzmall and found the exact same car(diff color) with options for $27,515 MSRP and printed out the sheet and had it with me. The lowest price on Fitzmall was $23,300 and this included all the current rebates.**** This was the best # I saw in all my research and crunching the invoice/incentive numbers myself.
 
Total MSRP of my car dealership was $28,606(Invoice~$26,675)
 
Final car price $25,657 - $1,500 - $500 = $23,657. Almost 5k below MSRP.
Add 8.5% tax + $232 doc fee (didn't bother to negotiate any more at such a small cost) total out the door was $25899. I shot the dealer a really low OTD price of $25000 & then $25,500 but he complained about losing $$ on the deal. I had no real bargaining power with no trade in and not putting any money down.
 
At the end of the day, I paid just $1018 below invoice without any incentives or $3,000 with them all. I think in the south some of the incentives have expired. I actually gave up the $1,500 in Hyundai incentives to get the 0% for 60months, which saves me ~ $400 over the life of the loan.

#8774 of 8852 Re: 2013 sonata 2.0t limited w/premium [neptune00] by jefk56

Jan 06, 2013 (7:59 pm)

Replying to: neptune00 (Jan 02, 2013 5:36 pm)
Circle, shrewsbury

#8775 of 8852 Re: Did I get a good deal on the Sonata Limited 2.0T [neptune00] by mnc4494

Jan 06, 2013 (10:23 pm)

Replying to: neptune00 (Jan 02, 2013 3:41 pm)
I bought a 2013 Sonata limited 2.4 with mud guards, carpeted mats, cargo mat, wheel locks and ipod cable in Delaware.
 
MSRP $26, 995
 
Invoice$25,515
 
Car Price $23,299
 
Doc Fee $249
 
Rebates $2,000
Tags$300
 
Tax (7%)
 
OTD $23,478
 
1.9 % 48 months through HMF

#8776 of 8852 2013 Limited 2.0T w/ Premium by mosbo1654

Jan 08, 2013 (5:47 pm)

What would be a good OTD price for a 2013 Limited 2.0T w/ premium package and could you break it down similar to the post above this one? Thanks

#8777 of 8852 Re: Did I get a good deal on the Sonata Limited 2.0T [neptune00] by danslevin

Jan 09, 2013 (9:52 am)

Replying to: neptune00 (Jan 02, 2013 3:41 pm)
I bought it from Conceilla Hyundai in Conshoken(spelling?), PA. It is about 2 and a half-3hrs from Long Island. MSRP was $27,700 and got it for $23,150 with taxes/tags included.
 
Way to get it down is to go in to a dealership, talk to them and make sure they know you are interested in purchasing a car within next few weeks.
 
Next, no matter what, you need to do is let the dealership know you will be going to another Hyundai dealership and get another quote. If you need to, tell the next place your going too that the other place offered you a deal $200-$300 less then the actual offer. Getting a good deal is all about bluffing. Regardless, you can always come back to the previous deal offered. Remember, dealerships do not want to lose to competition. Getting a good deal is all about bluffing in the right manner and have enough self control to leave. Also, I do not believe you will be able to get an extra upgrade for that price since the invoice was like 25,200 and I got it for 23,150. Maybe you can then, I did not want to go to each dealership more then twice.

#8778 of 8852 Re: Did I get a good deal on the Sonata Limited 2.0T [danslevin] by pegasus17

Jan 09, 2013 (1:24 pm)

Replying to: danslevin (Jan 09, 2013 9:52 am)
REF: 8777
What was the price before tax and tags? Your numbers don't add up. What discounts (loyalty, military, etc.) did you have? Was 27700 the window sticker or a BS dealer pack sticker? In a previous post, your numbers were 1600 trade + 2000 down + 72 payments of 307...

#8779 of 8852 2013 Sonata vs Accord by unlv_rebels

Jan 11, 2013 (12:59 pm)

I already have a loan approved for 3.9% for 72 months through HMF and I am planning to use this option along with $2400 rebates ($1500 HMF finance, $500 loyal owner rebate and $400 student rebate) to purchase a 2013 Hyundai Sonata. I have an offer ($18,750 before TTL) for a new 2013 Hyundai Sonata GLS (RED) with the popular equipment package along with added features (carpeted floor mats, all-weather mats, cargo net, rear bumper protector, wheel locks, and auto-dimming rear-view mirror with compass and HomeLink ). The MSRP of this car is $23,110 and Invoice is $22,271 (destination fee included).
 
In early December, I was looking only at 2013 Sonata GLS only. I was able to get an offer lower than $18,750 before TTL but the travel cost to get the car significantly nullified the difference. However, after seeing the IIHS 2013 safety tests (Dec 20, 2012), I am kind of worried about Sonata 2013. It got only Top Safety Pick and not Top Safety Pick Plus. In the small overlap test, it's scores were lower than Accord 2013. The most worrying thing is the fact that side curtain air bags did not open.
 
It appears that Honda engineers (Nissan engineers for their Altima 2013 and others) knew about the new test and modified their 2013 design accordingly. However, in the case of Sonata 2013, it is primarily based on 2011 design and hence, it missed the mark. The Sonata may score better in their next model (2014 design). I am surprised to see Optima 2013 based on late 2011 design getting Top Safety Pick Plus (and not Sonata). However, Optima has a slightly lower score than Accord 2013. The significant difference is the fact that it's side curtain bags opened unlike Sonata. BTW: Camry 2013 has the worst IIHS ratings compared to these three cars.
 
However, in the case of NHTSA tests, Accord 2013 and Sonata 2013 are very similar.
 
It appears that some are getting 2013 Accord LX (Auto) between $21,000 and $22,000 OTD (in various states with tax ranging from 6 to 9%). The offer that I have on a 2013 Sonata GLS with PEP is about $19,900 OTD (after 6% tax). I am planning to keep the car for a long time.
 
2013 Accord LX Advantages ($21,000 and $22,000 OTD in various states with tax ranging from 6 to 9%):
1. Better engine. Honda engines are known for their reliability. But, what about CVT ?
2. Better gas mileage - 27/36 vs 24/35 (If I keep the car for about 10 years, then I could save about $2000 !)
3. Better safety (IIHS 2013 Top Safety Pick Plus)
4. Better resale value (It may not affect me, since, I am planning to keep it for a long time)
5. Rear view camera
6. Hill Assist
 
2013 Sonata GLS with PEP Advantages ($19,900 OTD after 6% tax):
1. Longer warranty
2. Better style
3. Fog lights
4. Heated front seats
5. Heated side mirrors
6. Power seat with lumbar support
7. Auto dimming mirror
8. 6 speakers vs 4 speakers
9. Garage door opener (Home Link auto dimming mirror)
10. Lower price (about $1000 - $2000).
11. Front legroom is 45.5 in vs 42.5 in and headroom is 40 in vs 39.1 in (I am 6 ft 4 in and hence Sonata would be better)
12. Additional accessories (all-weather mats, cargo net, rear bumper protector, and wheel locks)
13. 8 air bags vs 6 air bags - NEED TO BE VERIFIED (Can someone confirm this ?)
 
Accord's better gas mileage could nullify the price difference, if I keep the car for a long time, provided Accord's shorter warranty will not give me huge repair bills. I don't mind loosing some features and style for improved safety ratings. If I haven't come across IIHS 2013 tests, I would have bought Sonata 2013 without any second thought. Am I giving too much importance to the IIHS 2013 test results ?
 
Any comments. Thanks in advance.

#8780 of 8852 Re: 2013 Sonata vs Accord [unlv_rebels] by pegasus17

Jan 11, 2013 (1:34 pm)

Replying to: unlv_rebels (Jan 11, 2013 12:59 pm)
REF: 8779
great write-up! Not to add more work to your endeavor BUT the 2013 Optima LX can be had with the Convenience PLUS package ($1100) that includes a rear camera, upgraded mirror, power driver seat and the Microsoft UVO audio system. Total MSRP for that model is 23.3k
 
"COP - LX Convenience Plus Package - $1,100
Includes Power Adjustable Driver's Seat, Auto-Dimming Rear View Mirror w/Homelink & Compass Also Includes Radio: UVO Infotainment System w/Rr Camera Display."
 
sample:
http://kefferkia.net/2013-Kia-Optima-LX-Charlotte-NC/vd/13025853

#8781 of 8852 Re: 2013 Sonata vs Accord [unlv_rebels] by backy

Jan 11, 2013 (6:35 pm)

Replying to: unlv_rebels (Jan 11, 2013 12:59 pm)
Sonata has 6 air bags, not 8.
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