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2013 and Earlier - Hyundai Sonata Prices Paid and Buying Experience

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Comments

  • pegasus17pegasus17 Posts: 536
    REF:6937
    18500 is not realistic on this desirable car. I'd be surprised if you got it for 19.0 but 19.4 is realistic. check truecar.com and click on the table view.
    Beware the Ohio doc fee of $250 which many say is mandatory when it is a MAXIMUM set by statute. FWIW, I am also cross-shopping the accord and sonata in Ohio. I like the sonata better but the accord has better lease terms. Also, hyundai has a $400 disposition fee while Honda does not...

    Q21:
    How much can a seller entering into a retail installment contract charge a customer for the preparation of documents?
    A21:
    On June 30, 2006, an amendment to section 1317.07 of the Revised Code, which governs retail installment contracts, took effect. That section now provides that a seller entering into a retail installment contract can charge a fee of up to two hundred fifty dollars ($250) for preparation of documents related to the sale. Previously, the maximum fee that could be charged for document preparation was one hundred dollars. As a result of the amendment, motor vehicle dealers selling motor vehicles to customers under retail installment contracts can charge the customer this two hundred fifty dollar document preparation fee in addition to other fees associated with the sale of the vehicle (taxes, registration fees, etc.). It is important to note that the dealership is not required to charge the document preparation fee.
    The Department of Public Safety, Bureau of Motor Vehicles did not play any role in the adoption of the amendment to section 1317.07, and receives no portion of the document preparation fee. Instead, the fee is retained by the motor vehicle dealer.

    http://bmv.ohio.gov/dealer_licensing/dealer-faq.htm#A21
  • not realistic. $18500 was for a cash deal with no trade in. the whole transaction took 15 minutes. You want a great lease deal and both Hyundai and Honda already offer $199.month, which is really fantastic.

    If you really want cheap, buy a used 2009 Sonata for $12k.
  • thanks, that is very helpful. what lease terms are you seeing for the honda that are better than the sonata? i did not know about the disposition fee, so i appreciate that info. please let us know what you do.
  • thanks, i thought it might have been a buy instead of a lease. if i could get $199/mo without money down, i think i might have to do that, but i haven't seen that yet. i just wanted to check if i could do better. thanks for your help.
  • pegasus17pegasus17 Posts: 536
    edited April 2010
    36 months, 12k/year Lease comparo - Honda accord lx,lx-p,ex
    versus Hyundai sonata GLS w/PEP1 (msrp 21800)
    Residuals both at 60% (April)
    Money factor hyundai .00048 / honda .00127
    Dealer cash: honda 1200; hyundai 1000 (not advertised but in effect)
    Discount from MSRP: accord is discounted more from MSRP than sonata
    Accord is 35 payments while Sonata is 36
    Honda has zero disposition fee while hyundai's is $400

    IMO, both are excellent lease deals this month.
  • If you really want cheap, buy a used 2009 Sonata for $12k.

    That's pretty general without mileage and options (I realize you're probably talking GLS but there's also the PEP levels). I'm not finding anything below $13,500 for less than 20K miles and this is after a little negotiation. This is in the Michigan, Ohio, Indiana, Illinois region.
  • Sorry to digress back to 2010 but I'm not interested in the 2011. Got an OTD quote (6% tax) for a 2010 GLS Auto I4 w/PEP2 for $18,600. Personally, that isn't low enough for me. Any thoughts? Thank you!
  • backybacky Twin CitiesPosts: 18,784
    Why not just jump on one of those slightly-used 2009 Sonatas (same as the 2010) that are out there, get it at a Hyundai dealer and spring for the Hyundai extended warranty if that makes you feel better about buying used, and call it a day?
  • grdawggrdawg Posts: 5
    Ya, I think you can do better. I saw someone on here say they got 17,900 out the door on that model. I got a 2010 SE (with blue tooth) for 19,500 OTD a few weeks ago. I was happy, but you always think you can get lower.
  • I hear you on that but one of my barriers is a very picky wife that insists on one color both exterior and interior which really limits my used choices. Found a GLS basic 2009 w/19,000 miles @ $13,999 but wouldn't budge (I figured $13,400 was fair). His price would bring it to about $15,200 OTD. That would still be $3,400 below my latest new quote I realize but without the PEP2 and then would an extended warranty run? If I could get the new price down to about $18,000 OTD, we're only talking $2,800 extra and gain 19,000 miles, PEP2, and one model year (which is not a major factor to me).

    I probably AM overthinking this decision and would like to get it over with. It's the darn accountant in me.
  • Ya, I think you can do better. I saw someone on here say they got 17,900 out the door on that model. I got a 2010 SE (with blue tooth) for 19,500 OTD a few weeks ago. I was happy, but you always think you can get lower.

    If he came back with $18,100, I think I would bite. Thanks...
  • thegraduatethegraduate Posts: 9,731
    $18k is too high for last year's Sonata.

    I got my best offer by using Cars.Overstock.com for pricing leverage. It wasn't as low as I was comfortably paying, but I did get an offer of $17.1k out the door in Columbus, GA. That is $16,300 + tax, for a silver auto with PEP.

    Good luck!
  • backybacky Twin CitiesPosts: 18,784
    It seems to me you should be spending less time negotiating with dealers and more time negotiating with your wife on color choice. Assuming that is even possible. ;) I am very lucky I guess in that my wife lets me handle the car-buying decisions for our family. But I try to take her tastes and needs into account as much as possible. For example, in November I swapped our '07 Rabbit, which I really loved, for a '07 Sonata, because she had some trouble climbing in and out of the Rabbit. She does like the Sonata, and it really is a more practical car for us at this time.
  • Well, the backstory on that is that I brought home our Plymouth Van in 1999 (which we still have) in a color that I THOUGHT she already approved. She says she didn't but we were "stuck" with it (and it's been fine) and now I have to walk on eggshells about it because women NEVER forget! Never mind the fact that I'll be driving the new car 90% of the time...it has to look good (to her) sitting in the garage and wherever else...groan!

    I'm already compromising as my biggest need is MPG so my initial search was for an Elantra or Corolla. She, like yours, wanted slightly more room with one consideration being her failing knees and getting in/out of the vehicle. So, with research I found the Sonata is really good for MPG among the "mid-size" segment. Maroon, Black, Grey, or light Blue would also be fine with me and allow for more options.
  • backybacky Twin CitiesPosts: 18,784
    So just a thought, given your comment about your wife's knees... 2010 Tucson?
  • So just a thought, given your comment about your wife's knees... 2010 Tucson?

    Oh man, you really want to confuse things. I don't have to cater to her EVERY need now, the welts from the rolling pin heal eventually. The Tucson idea isn't totally off the wall and it looks like a nice vehicle with similar MPG to the Sonata but Edmunds says over $20,000 before tax/title/fees and my entire purchase really has to be below $18,000. Would be a nice used option if it were about a year from now and there were more 2010's available.

    Can I get an opinion on this: Sonata 2009 GLS I4 Auto w/sunroof (must be Convenience Package 2?), Certified w/29K miles asking $14,500.
  • thegraduatethegraduate Posts: 9,731
    If they're asking $14,500, I'd not pay more than $13k for that car. I'd also make sure it wasn't a rental. At that mileage and age, its a possibility.
  • If they're asking $14,500, I'd not pay more than $13k for that car. I'd also make sure it wasn't a rental. At that mileage and age, its a possibility.

    Yes, it was a rental according to CarFax. Is that a big negative? I've always been pretty careful with rentals to avoid having to deal with damage issues but I guess folks probably drive them harder. I purchased a Plymouth van 11 years ago that was a rental for 19,000 miles beforehand and have been pretty pleased. Is the "Certified" status all that great an advantage?

    Thanks much for the advice!
  • thegraduatethegraduate Posts: 9,731
    Well, some people swear by them, and because they feel they've been maintained to a high standard. I personally don't trust them, because the people driving them have no investment in the longevity of the car. That's just a personal opinion, and not necessarily the right one.

    The fact that it is certified is good for the 100k mile warranty, but the inspection is something that a good mechanic will do for, say, $75.

    Please take my comments with a grain of salt; I'm just sharing my opinion of what I've learned from others.

    :)
  • I am in houston and deal's offer is:
    2010 Hyundai Sonata GLS Auto

    MSRP: $20,770

    Dealer Discount: $1,823

    Rebate: $2,500

    Internet Price: $16,447 + Fees
  • pegasus17pegasus17 Posts: 536
    edited April 2010
    REF:6961
    IMO, not a good deal. Minimum 5000 off msrp on a 2010 now that the 2011's are out and popular. GLS autos are a dime a dozen and will be worth less than 14k the second you drive it off the lot! just my .02
    FWIW, the real deals were on the 2010 Limited's back in Feb but they are long gone...
    check truecar.com for your zip code and see what price is available; it's a great site
  • thegraduatethegraduate Posts: 9,731
    If it has the Popular Equipment Package (Audio controls on the wheel, power seat, trip computer, etc) its likely a good deal, if not, I'd say its only mediocre. What are the "Fees?"
  • This was just my first quota. Thanks for your guys' replies. Is GLS model good enough for general people or I need a better model?
  • I checked the truecar.com and the minimum price they showed is 16,654. Is it a OTD price?
  • How did u find the price? I couldn't see.
  • ruthg3ruthg3 Posts: 20
    I'm in NJ but maybe this info can help you. The price of 18,500 is excellent; I went through zap.com then overstock (which I learned about on this blog!), got an area price of 19071 and was able to get it to 18,910 with with free oil changes, car washes and loaner cars. The residual is .60 for 12k/yr, .59 for 15k/yr (we're going for 15k). Paying MVfee 299, doc fee 229, tire fee 7.50 plus 1st mo upfront for $763.20 at signing. Our monthly will be $227.71 including tax.
  • ruthg3ruthg3 Posts: 20
    I'm in NJ but maybe this info can help you. The price of 18,500 is excellent; I went through zap.com then overstock (which I learned about on this blog!), got an area price of 19071 and was able to get it to 18,910 with with free oil changes, car washes and loaner cars. The residual is .60 for 12k/yr, .59 for 15k/yr (we're going for 15k). Paying MVfee 299, doc fee 229, tire fee 7.50 plus 1st mo upfront for $763.20 at signing. Our monthly will be $227.71 including tax.
  • kml337kml337 Posts: 5
    I have been quoted $21,500 for SE and 24,200 for Limited in the SE Philly area, Both price include onlu the mat, wheel lock and ipod cable, Are these prices reasonable?
  • boltguyboltguy Posts: 94
    You have to make sure you select the 2010 model year on the drop down menu. It shows the 2011 Sonata by default.
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