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2013 and Earlier - Hyundai Sonata Prices Paid and Buying Experience

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Comments

  • mpillaiusmpillaius Posts: 10
    edited December 2012
    Had some good experience with the dealship in South Austin. The guy named Ilya, seems to be reasonable to was willing to go as far as he can to get me a deal. But seems the numbers does not still compell me to buy the Sonata. I am more interested in Altima, and numbers were my major motivating factor in going with Sonata. I really liked the drive feel of Sonata. but Altima is still good, and is a choice of the majority in the family.

    In the end I may not buy the Sonata with the figures I have now. But just wanted to let you folks know of the good expeirence I had.
  • dandydan9dandydan9 Posts: 20
    edited December 2012
    Just leased a 2013 Sonata GLS with Popular Package and carpeted floor mats in NJ:

    MSRP: $22,595 (plus whatever sticker is for Popular pkg + $100 for floor mats)
    Sign and Drive Lease 36/12k ($0.20/excess mile -- seems high but dealer stated this is the new standard for all makes)

    $2000 rebates ($1500 + $500 competitive lease)

    $220/month incl, all fees, taxes, registration, etc. -- no money down at all $0, zero, zilch

    Paid $220 for 1st. month and walked out the door

    What do you all think of that?
  • longo2longo2 Posts: 347
    So for $7920.00- you got a brand new car for 3 years? Then if any of the 2016's are irrisistable you can dive in then.

    Sounds better than buying.

    (That is if the Mayans were wrong and today is NOT the end of the world as we know it)
  • backybacky Twin CitiesPosts: 18,682
    That's pretty good, very close to what I got on Black Friday for a similar 2013 Sonata except mine had a few more options e.g. self-dimming rear view mirror with garage remote, two sets of mats, mud guards, bumper protector, cargo net. The stuff was already on the car and they didn't charge me extra for it. I paid $47.80/month for 35 months (they made the first payment for me), 12k a year, nothing up front. They valued my trade, a 2007 Sonata GLS with extensive body damage, at $6000 (I thought that was quite good). So add that to my payments and it comes out to about $213/month. Oh, they had a special that weekend that got me 3 years of no-charge wheel/tire/glass repairs and paintless dent removal for free. I figure that will save me quite a bit over the lease, as I've always managed to scuff 1-2 alloys on curbs and collect a few door dings--especially since the Sonata has no trim strips to protect the doors.
  • I've purchased and leased and always prefer leasing over purchase.
    The only caveats are:

    1. Disposition fees (Honda has none, most other makes do)
    2. Returning the vehicle and dealing with wear and tear negotiations
    3. excess mileage and paying for that if you go over the allotment

    Other than that, yes leasing is the way to go IMO.

    Buying involves pouring money into a car after 3-5 years on an annual basis to keep it running, including, but not limited to:

    Tires, brakes, timing belts, motor mounts, a/c compressor, starters, batteries, etc.

    If the world ends today, it won't matter anyway.
  • Wow!

    I'll have to have you negotiate my next lease!

    I don't think those numbers are doable in NJ.
  • Drive in Altima felt really good.
    I liked the seats, etc.
    But Sonata numbers are s much better especially on base model.
    I am looking for lumbar adjustment and I do not get it in Altima unless I take SL which is top end.
    Also Sonata seats looked good compared to black plush look of sonata.

    I know you get other features in Altima SV like dual zone climate control, back up camera but I do not care much for them.

    I am not sure what the right price is for altima so I
  • 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.

    Thanks in Advance.
  • backybacky Twin CitiesPosts: 18,682
    If you can get a 10-year b2b warranty FROM THE MANUFACTURER for around $1100, and either plan on keeping the car a long time or the warranty is transferable, that could be a good deal. Consider the cost of just one repair e.g. a computer. And a used car with a full warranty is worth more.

    But I stay away from 3rd-party warranties after a bad experience I had with one a few years ago. I bought a used Mazda MPV with what seemed like a great extended warranty. Cost about $1200 but covered everything. For awhile it was great, used it a couple of times, saved maybe $500 on repairs. Then the warranty company went belly-up... never got any kind of settlement out of it.
  • Thanks for your prompt reply.

    I spoke with the dealer. He said that Hyundai does not have its own extended warranty plan, unlike Ford. I need to do some research.

    I have few questions:
    Is it true that Hyundai does not have its own extended warranty program ?
    Is Warranty Direct a decent firm ? Are there any other reputable ones ?
    What happens, if these third-party firms go out of business ? Are they not backed by any organizations ?
  • backybacky Twin CitiesPosts: 18,682
    That's news to me, that Hyundai does not offer an extended warranty plan. They used to, because I was offered such a plan more than once by Hyundai dealers in the past. And as I recall it was a pretty good one, too--extended the b2b warranty to 10/100k and was transferable. But I passed on it. Good thing, too... my 2004 Elantra is nearly 9 years old and has never needed a major repair. And I still have some powertrain warranty left.
  • I Just leased a 2013 Sonata GLS with Popular Package + Remote starter & Floor Mats. With the $2000.00 of incentives + a down payment of $500 I was able to get my monthly payment down to $207. This includes taxes and all other fees. The term is for 36 months/12000year. I would like to think that I got a good deal. It seems it but I would like to hear some feedback from you
  • After spending 2 hours in one dealer and 4 hours in another dealer, I now have an offer accepted for Sonata GLS.
    The car is still in transit and they will make it ready on 29th.

    Some accessories came with car and I added some more.
    I think I added cargo mat, Wheel locks, window tint and pinstriping

    Here is the list of accessories.
    GLS + POP package + Window tint + Wheel locks + cargo net + floor mats + cargo mat + mud guard + ECM homelink + pinstriping + rear bumper protector

    I paid 19000 before title and tax
    I only got holiday cash 1500 + comp car 500 rebates
    OTD is 20400 (refused all extra warranties). Tax here in Texas is 6%.

    Invoice price is 22080 for this car with accessories (including destination fee, 21300 without destination fee)
    So I got the car for 3k less than invoice price.

    I know people got 18k deal (with other rebates like vet and new grad??) but is this good enough considering accessories included?
  • vinothrvinothr Posts: 2
    edited December 2012
    Anyone, I am trying to understand the best offer i could make and should take on a 2013 Sonata 2.4 Auto Limited. Please share your thoughts.

    True car (St Louis) quote is $24, 311
    Invoice $25,211

    The above does not include $1500 bonus cash, taxes etc.
  • saz25saz25 Posts: 152
    Hi
    Since you have all the numbers this is very simple.
    First of all ignore true car .

    Subtract the $1500 from the invoice. That's you offer. Stick to it. I usually make a round number. I'd say $23,700, maybe $23,800, but that's it.

    Also don't discuss the rebates and incentives and don't discuss how you arrived at that price. I just tell them this is my price.

    Also very important, insist on no documentation fee. If they insist as they may, tell them to adjust your offer down accordingly.

    Do this on the phone and call several dealers. Make it clear that you will buy today if they meet your price. Make sure you know the final totals before walking into the dealership.

    Good luck.
    Steve
  • Steve - do you mean this is 23800 OTD (including taxes)?
    When I was buying my Sonata GLS yesterday I heard conversations between a tough buyer and dealer around this number 24+some hundreds but I think it was OTD.
  • Thanks to posting in this forum earlier on that alerted me to advertised price of around $21500 for 2.4L 2013 Sonata Limited in NC. I checked Fritzmall.com in the DC area and they also have similar price. The price includes the $1500 Hyundai Finance rebate and $500 competitive rebate. If you don't qualify for these, then if will be $2000 more. I ended closing a deal in Greensboro, NC for $ 22450 Out-the-Door (tax, tag, & fees included). It came with cargo net, floor mat, wheel lock plus all standard features of the Limited. I financed $10000 at 0.9% for 36 months which I intend to pay off within the first month. Don't trust the price on cars.com, kbb.com etc. You can find something lower than the so called Fair Market Price which they claim is the average price people are paying for a similar car.
  • Wow - that is super deal!
    Did you have to work a lot to get this?
  • Steve,

    The quote through true car ($24347) is less than the invoice price ($25211).

    Not including the $1500 bonus cash, Is this the best price someone one could get for a 2013 Sonata 2.4L Auto Limited?.

    If not, what will be the best price to offer?.
  • No, that was a pretty straight forward deal. I corresponded by email with the Internet Sales at the dealership and then went in to make them an offer of $22450 OTD. They agreed but they did not have the color I wanted so they went and got one from surrounding dealers and notified me two days later to pick up the car. Everything went really smooth as far as car buying is concerned.
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