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2013 and Earlier - Hyundai Sonata Prices Paid and Buying Experience

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Comments

  • passionapassiona Posts: 3
    edited December 2012
    My friend/client just got this offer weeks ago in the LA/OC Ca area. Let me know if you want more details.

    1. 2013 Hyundai Sonata GLS
    MSRP: $22,325
    Invoice: $21,327
    Dealer Discount: $2820
    Black Friday Discount: $500
    Hyundai Finance Rebate: $1000
    Competitive Car Rebate: $500
    Net Cost: $17,505
    Percentage Below MSRP: 21.56%
    Amount Saved Below MSRP: $4,820
    Amount Saved Below Invoice: $3,822

    Cost with Tax and Registration: $19,005
    36months @ 0.9% = $436.66/month after down payment

    Since you are a student, you will get another $400 off. I believe you won't get both competitive and loyalty discounts so it evens out.
  • unlv_rebelsunlv_rebels Posts: 32
    edited December 2012
    Thanks for the information.

    Dealer name ? What color ? Did it come with Popular Equipment Package ? What other accessories did it come with ?

    TIA.
  • ruthg3ruthg3 Posts: 20
    Car man (or anyone else who may know ;-))

    Could you please confirm for me the residual value and money factor for a 2013 Hyundai Sonata Limited basic? Is the residual 58% or 57%? the dealer said it went from 58% last month to 57% this month with the same money factor of .00136.

    Any info is appreciated! Looking to lease this month.

    Thank you!
  • mo614mo614 Posts: 4
    edited December 2012
    Guess I may have to buy a 2013 Sonata.
    I just saw this on Edmund's:
    Bonus $ Offer ..... Type ........... Start .................. End
    $5,000 ............... Conquest ......12/01/2012 ........01/02/2013

    Competitive Owner Bonus Cash is available towards leasing or retail purchases to current registered owners of an eligible competitive vehicle or an immediate family member residing in the same household.

    So, two questions:
    What competitive vehicles are eligible?
    Also, is that $5000 a misprint?
  • Could this also be combined with the Bonus $ Offer Incentive 1 of $1,500 Holiday Bonus Cash?

    How do the incentives work? Is there negotiating for a price lower than the incentives, or is this it?
  • ruthg3ruthg3 Posts: 20
    Think it is a misprint. KBB site says $500 Competitor Conquest cash which would be much more in line since Loyalty Rebate is $500. Believe it can be combined with $1500 Holiday cash incentive.
  • I made an offer for 2013 Sonata GLS with PEP and standard options (carpeted floor mats, cargo mat, cargo net, auto-dimming rearview mirror with HomeLink and compass, mud guards and wheel locks) to few dealers near my place.

    Based upon the information obtained in this thread, it appears that getting this car between $18k & $18.5k (before tax) seems to be highly possible, especially with $1500 HMF cash, $500 owner rebate and $400 student rebate.

    However, I have seen two cases (post # 8651 and 8624) where this car was purchased for about 17.5k before tax.

    Good luck !
  • unlv_rebelsunlv_rebels Posts: 32
    edited December 2012
    $1500 HMF bonus cash can be combined with $500 loyal owner coupon and also with $400 student rebate. I got this info from HMF when I got pre-approval from HMF.

    About a two or three weeks ago, I had no idea about how to get this car for a great price. I read this thread (few pages starting from year 2012) and got a fair idea of the price that people have paid for this car. I also asked few questions and got it answered by the helpful people over here.

    Based upon the information obtained in this thread, it appears that getting this car between $18k & $18.5k (before tax) seems to be highly possible, especially with $1500 HMF cash, $500 competitive/loyal owner rebate and $400 student rebate. However, I have seen two cases (post # 8651 and 8624) where this car was purchased for about 17.5k before tax.

    Now, with the amount of information that I obtained from this thread, I am confident that I can get this car at a great price. I have made an offer to several dealers and I will post the price, once the deal is confirmed.
  • 2013 Hyundai Sonata Limited with Premium Package(not the turbo) with car mats and cargo net for $24000 including everything except for taxes, title, and tags.
  • First, thanks to all for the posts on Sonata pricing. It helped a great deal in our recent purchase.

    Got a 2013 Hyundai Sonata with pop equip pkg and mats, net, cargo mat, mud guards last week. The MSRP was 22,735 and we qualified for $2500 in rebates (1500 holiday, 500 competition, 500 vet). We paid 18,540 plus $33.50 for tags/title plus 6.5% sales tax. It's not the best deal that I've read about, but was pleased to get this locally and with minimal hassle. This was in Ohio and was about $1000 lower than what a neighbor recently paid at another dealer for an identical model. After the contract was signed, I asked the salesperson what incentives they were getting to sell this model below invoice and holdback. She replied that they were getting "advertising cash" on the Sonata due to the recent rollout of the Accord and Altima. Thanks again for all the posts!
  • benjaminhbenjaminh Posts: 1,621
    edited December 2012
    The Sonata is selling very well. It's gone from being almost an asterisk ten years ago to being the #4 selling midsize car. The reason they don't sell more is that Hyundai's huge factory in Alabama is at capacity. They've had so much demand, in that, that they've just hired another full shift and are now running the factory almost around the clock to make more. Right now the Sonata is beating out the Fusion, Malibu, Passat, etc.

    sales thru Nov. 2012
    Toyota Camry 373,479
    Honda Accord 302,444
    Nissan Altima 278,968
    Hyundai Sonata 209,779
  • Yes, sonata is selling well but not as much as last year.
    Year over year other cars are killing Sonata. Camry and Accord are back on top now in market share.

    I visited dealer today to pick out a car.
    I was going for white until I noticed how the chrome and the tail lights pop on black and red. On white the chrome just blends in.
    Ruby Red looks good in the showroom especially with the tinted glass.
    I test drove GLS model but refused to talk about "numbers".

    Overall I see salesman wanting to make a deal.
    I am just not sure how to tell them my number.
    I am planning to write down all the features I want on a paper next t price I want to pay. I have not done this before so it is hard to do this verbally.

    Any quick tips on exterior colors and interior colors??
    Right now I am leaning toward Ruby red with Black interior.
    I wanted grey interior but red does not come with grey.
  • Congrats!
    Did the price include window tint?
    What color are the exterior and interior?'Did you get financing from Hyundai? Any rebate?

    Knowing what everyone is paying puts my mind at ease.
    I can always walk away instead of getting suckered in.
    I will try to get similar deal.
  • benjaminhbenjaminh Posts: 1,621
    I think red would look great. That's what I'm planning to get for my next car.

    And your strategy of writing down a price seems pretty good. In terms of features, why don't you check out what's available on each trim at the Hyundai site so that you know the exact model you like.

    It might be wise to send an email on that exact model you want to 2 or so Hyundai dealers who are closest, and ask them to give you their best price on it. But your way would probably work too.

    With rebates, you might get $2000 off list price....?
  • saz25saz25 Posts: 152
    My suggestion as I've mentioned here on this forum. Never ask the sales rep for a price. You need to be in control. When you are armed with the information such as invoice price, hold back amount, current incentives, etc, you tell them what your price is. You can get all incentives without even mentioning it.

    Never say how you arrived at your price. Factor the incentives into your quote. Currently there are about $2000 of Hyundai incentives.

    Remember the margin is huge on Sonatas.

    Steve
  • sunsonshaan07sunsonshaan07 Posts: 35
    edited December 2012
    I agree that there are other cars killing the Sonata (and for that matter the sister car too, the Optima!) I just gave up on my 2007 Sonata Limited V6 as right from just jut before 60k miles the ESC light was intermittently and then frequently lighting up on the dash. It was mostly on Moderately to very wet wintery weather and the occasional dry local commute situations too. By the time October 2012 came around I was at 75k miles on that car and figured enough is enough! Afterall, the dealers nearby were playing their shenningans with me over this issue. That being the case and all, I traded up for a far nicer 2012 Nissan Maxima with the Premium, Premium Tech, Cold Packages, External Underground Security Lighting, HIDs, Climate Controlled (Heated and Cooled) Driver's Seat, Heated Steering Wheel, Spoiler, etc. And yes, addons like Pinstriping, Nitrogen Tire Fill, Window Tints, Floor Mats and Wheel Locks were thrown in. There were pretty decent incentives going on at the time I bought ($4k from Nissan, $500 from NMAC and then over $5500 from Dealer). So in total just over $10k off. With the trade in of my Sonataa getting me around $9k (It had been in a minor rear-ender where I was hit by the other party), I walked out with the Maxima with a lien of about $27k-$28k after TT&L. Overall, the gas mileage at highway speeds for my particular driving conditions was moderately better in the Maxima over the Sonata I had. And who could go wrong with Bluetooth Audio Streaming on Bose with 9 Speakers including 2 Subwoofers? Bose over Dimension or Infinity Audio! All day!! Every day!! :shades:
  • By the way, the Camry scored poorly in the 2012 and '13 models for overall safety. They showed a story on the News this morning on it. I was laughing all the way as I personally hate the Camry for being such a bland car. They even lowered hte horsepower rating on the ES350 to match the Camry's output, which is pretty sad. Toyota to me is just clueless!
  • Michelle- our Sonata is Ruby Red with tan and black interior. No window tinting. Yes we financed about half and therefore qualified for $1500 holiday cash. Mike
  • Awesome choice. The red looked better on the showroom floor with the tint.
    If you have any sun at all you should get the tint.

    I liked the red myself but I want grey or black interiors.
    Red GLS does not come with these interiors so I might have to choose another color.

    Black or Pacific Pearl are my next choices.
    Shimmering white looks good by itself especially today after dust storms muddied up every car here in Texas.
    But the darker colors make teh chrome and fluid design of Sonata pop even more. They will be a pain to keep clean though.

    I will go to dealer tomorrow or Saturday and make an offer.
    I will stay strong and be ready to walk away.
  • unlv_rebelsunlv_rebels Posts: 32
    edited December 2012
    Hyundai provides great warranty:
    - 10-YEAR/100,000-MILE POWERTRAIN PROTECTION
    - 5-YEAR/60,000-MILE NEW VEHICLE LIMITED WARRANTY
    - 7-YEAR/UNLIMITED MILE ANTI-PERFORATION WARRANTY
    - 5-YEAR/UNLIMITED MILE 24-HOUR ROADSIDE ASSISTANCE

    The following components are covered by Hyundai for time and mileage limits indicated:
    • Radio and audio systems (i.e., radio, compact disc player, DVD player, navigation system, and Bluetooth®): 3 years/36,000 miles
    • Paint: 3 years/36,000 miles
    • Battery: 3 years/unlimited miles (100% covered 2 years/unlimited miles; after 2 years and within 3 years, 25% cost of battery and 100% labor cost covered)
    • Air conditioner refrigerant charge: 1 year/unlimited miles
    • Adjustments: 1 year/12,000 miles
    • Wear items: 1 year/12,000 miles (e.g., belts, brake pads and linings, clutch linings, filters, wiper blades, bulbs, fuses)

    The extended warranty from Warranty Direct is about $1100 for a plan ($100 ded per covered failure visit) called "10/100 PowerWrap Plus" that covers for 10 years/100,000 miles.

    I generally don't buy extended warranty for electronics. What's the general opinion on Extended Warranty for new cars ? Is it worth paying for it ? It comes to about $110 per year.

    Waranty Direct:
    Failure - refers to the Failure of a covered part under normal service. A covered part has failed when it can no longer perform the function for which it was designed solely due to its condition, and not due to the action or inaction of any non-covered parts. In addition, a Failure will be deemed to have occurred when a covered part has worn beyond the manufacturer’s tolerances allowed for the particular Vehicle at the mileage when the problem occurs.

    PowerWrap Plus also provides coverage for the following listed specific parts:
    Emission Systems: Air Fuel Ratio Sensor, Air Induction System, Air Pump, Anti-Knock Sensor, Barometric Pressure Sensor, Canister Purge Solenoid, Deceleration Valve, EGR Recirculation System, EGR/EFE Thermal Vacuum Switch, EGR/EFE Valve, Engine Oil Fill Cap, Fuel Fill Pipe and Cap, Fuel Fill Neck Restrictor, Fuel Receptacle, Fuel Sensor, Fuel Tank Pressure Control Valve (PCV), Fuel
    Temperature Sensor, Idle Air Control Valve, Intake Air Resonator, Intake Air Temperature Sensor, Intake Manifold, Manifold Air Pressure (MAP) Sensor, Mass Air Flow Sensor, Oil/Air Separator, Oxygen Sensor, PCV System, Positive Crankcase Ventilation Valve, Powertrain Control Module (PCM), Secondary Air Injection System, Throttle Body Assembly (MFI).

    OPTIONAL LUXURY COVERAGE: (must be purchased and indicated on the Application and the Identification Card)

    GPS NAVIGATION SYSTEMS- Navigation display unit, navigation control module, navigation system wiring harness.

    TV/VIDEO/ENTERTAINMENT SYSTEMS- LCD screen (10" or less), RF modulator, video cassette player with auxiliary inputs (No recording capability), digital video disc player, power converter.

    PHONE SYSTEMS- Charger/cradle, microphone, speakers, phone.

    INTERNET ACCESS SYSTEM- Power converter, satellite receiver, satellite dish or wireless receiver (Metropolitan areas only).

    OPTIONAL AIRBAG ELECTRONICS COVERAGE: (must be purchased and indicated on the Application and the Identification Card)

    AIRBAG ELECTRONICS – Airbag module, sensor(s), airbag cable/contact coil, clock spring, on/off switch.
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