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Please let me know
Thanks
Glad I'm scheduled to get my Sonata this week!
I'm waiting for the dealer I'm working with to be approved by the govt for CARS. But I'm not waiting past 7/31. Our quote is for a 2009 Sonata GLS with Popular Equipment Package. We're getting 1990 off the MSRP, then $3000 rebate + $3500 CARS.
I'd like to contact you directly. How can I contact you??? cstewart27@neo.rr.com
Once I went to a local dealership with the OTD $17500 from another local dealership and asked them whether they can beat it. They just said like "no, it's already a very good deal, if it's not a low ball offer, then go for it. If it's a low ball offer, come to us, our price will not change and won't be a low ball offer" Their OTD price is $17900... They did not even ask my name and phone number.... Then I was totally confused!! According to the prices I've seen here and other forums, even $17000 is enough for the car I want. Am I wrong here? What's the price for other buyers in MA? Except for the tax rate, will prices in different states differ a lot?
Any suggestion and help will be fully appreciated. This would be my first car and I hope I can get it soon. It's OK that I just wait for another month, but I just do not feel like spending another month on it.
BTW i only qualify for the $3000 rebate and I do not have a car to trade in....
The same dealer (trustworthy and realiable) is presently advertising the GLS i4 at $9999 with a $4500 clunker trade in.
Don't pay a dime over $15,200-15,500 (before state tax) with the present $3000 rebate. Also, you can, I believe, also get another $1000 off...or a $1.49 gas deal....
Go for the $1000.
Thanks,
DJC
After Dealer service charge ($399.99), 6% tax ($1050.60), Title, license, tag fees
($39.00), GA warranty rights fee ($3.00), Manufacturer rebate (-$3000.00) and CARS rebate (-$3,500 in my case), the Out The Door price was: $12,102.59.
Exactly.
CARS is really screwing people over badly.
I will bet anyone here that you'll be able to get as good or a better deal 4-5 months after CARS expires, even without a clunker trade in, than you will now with one.
This doesn't just relate to Hyundai, but all manufacturers and dealers.
I love how the manufacturers are advertising the highest CARS rebate as if it's something everyone qualifies for, too, to get to a really low advertised price, when in reality, very few people will qualify for the $3,500 or $4,500 rebates.
This whole sordid mess is only getting more people into the showrooms with false expectations, and for those buying, they're getting screwed for the most part, especially if they're trading in a qualifying clunker that has a used car value of more than a grand (and especially more than two grand).
Worst program ever, allowing dealers and manufacturers to essentially get more customers in the door, and for those who do have qualifying clunkers, the dealer and manufacturer pocket most of the 3,500 or 4,500 rebate because of the lowered manufacturer and dealer rebates and incentives.
I just bought a 2009 GLS AT with bluetooth in VA (but paying DC taxes) for $13,300 OTD with a $3500 clunker rebate. So the OTD price before the clunker was $16,800. How does that compare to what others are getting?
Thanks,
Steve
My wife is ready to buy a 2009 Sonata I4 GLS with PEP2 and mats. I own a vehicle that would get us the whole $4500, but it is titled in my name only. The rules say the trade has to be titled for a year in the name of the purchaser. The new car needs to be titled in her name only because I was laid off several months ago and including me will hurt her otherwise perfect credit rating.
So, now we have to do a cash deal, and they aren't discounting as much right now.
I offered 19K before the rebate TTL and the dealer wouldn't even consider it. So still working it.
If it DOES NOT include PEP, then it's not that great a deal, but not awful, either, especially in the CARS mania going on.... it's a feeding frenzy for the dealers, who are making much higher profits by raising prices and using CARS as a way to get customers to buy by having a lower price to the customer... more profit for dealers, while keeping prices fairly close for somewhat lower (but not hugely).
There's no doubt most every dealer and manufacturer has raised prices by pulling back rebates and other incentives.
According to a friend who sells another brand, CARS won't be around too long. There is only 1 billion available, and it is going very quickly. Some larger dealerships have done 100 deals already, and the money broken out across all dealerships is supposed to be an average of 5 deals per at the max amount.
Anyway, when the money runs out and IF their is any 09 inventory left, we will give it another shot. I dont' want to overspend for a car that is closer to one model year old.
I gotta say too, just objectively speaking, $13,300 for a brand new mid-size sedan is outstanding.
Good job.
You didn't get hosed at all, but I'm sure a lot of people will get hosed, because they'll go into the minefield that is CARS not knowing if their clunker qualifies, and get ambushed.
Like I said earlier, I see a bunch of print ads and tv ads now that literally insert the maximum rebate of $4,500 under the CARS program and insinuate that it's just available to anyone, even those without a car to trade in.
That's how they're printing those ridiculously low prices in their ads like $12,700 for an Altima and such.
What the hell...if you're from Texas I guess you don't have to follow the rules.
I think to rebate was either $3K & $500 loyalty or $2K plus $1,000 loyalty.
I don't recall seeing the Hyundai rebate as high as $5k. Maybe dealers in your area were offering $2,000 off MSRP?
I remember when Randall Noe Hyundai was selling a 2009 Sonata GLS automatic with an MSRP just south of 21k for $13,990, plus TTL, and they had 18 in stock at that price.
I think it was back in March.
When I ask a dealer to beat a price I got from another forum, he asked me to provide the quote in writing with msrp and a break down of the tax and fees.... otherwise he cannot beat it.
Can anyone give me the information he wants? I want a 09 Sonata GLS i4 AT w. pep (without sunroof). Many many thanks!
When I ask a dealer to beat a price I got from another forum (OTD $16800 in NJ, got in late June. The guy who posted this price said it's the best price he got, but finally he did not buy a Sonata -- he bought an Accord.), he asked me to provide the quote in writing with msrp and a break down of the tax and fees.... otherwise he cannot beat it. His tone does not sound friendly to me at all, and makes me a little mad....
Can you give me the information he wants? Then probably I can ask him to beat your price. That's also a good deal for me. I want a 09 Sonata GLS i4 AT w. pep (without sunroof). You can reach me at doudou.peng@gmail.com. It will be great if you can include the name of the dealership. Many many thanks!
I will try to make a deal recently, but if I fail, as billward suggested, I will probably wait until late Sep....
Texasjack
Rebates have gone down slightly for valued customers... there is NO benefit to own a Hyundai now, it's a flat 3000. I believe the military rebate is still in place, but haven't seen the recent grad bonus. There is the alternative 2000/1.49 rebate, as well, which is NOT a good deal (at all!) unless you really think gas is going up to $5/gallon in the next few months OR you intend to REALLY put some mileage on the car; with an average fuel economy of, say, 27mpg (a bit low, I think, ESPECIALLY given the next part!) and gas stays at roughly $2.50/gallon, you would need to put 27K miles on the car in the first 12 months to break even. How many people put 500 miles on a car every week for a year?
The real place that the prices have gone up is that dealers are no longer discounting cars realistically. Don't get me wrong, the price you paid isn't bad; it's just that it's not substantially better than what you would have paid pre-CARS.
Of course, that said, CARS is now out of money, a week after it started... that was $1B of National Debt that basically went into the pockets of the dealers... but it also did serve to get folks to buy new cars (increased economic activity) and may raise the CAFE of the US by a small tick upwards, both potentially good things.
EDIT: Looks like the military rebate has gone UP, it's now $1000, and I did find the recent grad, so it's still there... the only one to totally disappear is owner loyalty for the Sonata.
For my message about my break down, it's 6156 in this forum. 6156 is the actual buying experience, but I had an aborted experience with a bait-and-switch that I wrote up at 6151; there was some discussion between the two, and 6156 answers a question at the beginning. Summary of the (three) dealerships I was close to buying from: Hall Hyundai in Chesapeake, Virginia: SCUM OF THE EARTH, bait and switchers; avoid at all cost! Fitzmall, Northern Virginia: Pleasant folk, I'll definitely look at them next time I'm looking at buying. West Broad Hyundai, Richmond Virginia: Two HUGE thumbs up, great job on their part!
To prevent mud, debis, and rocks from causing nicks and scratches in your paint. Just because you don't go 'off-roading' doesn't mean that the finish around your wheels won't take a beating from everyday driving.
In the fine print for the Hyundai Gas deal... "For each model where a Rebate and Gasoline Offer applies, in lieu of the Gasoline Offer, customer can increase the rebate offered by adding $1000 to the rebate amount for the vehicle."
So, if I'm reading that right, if you take the cash option for the gas deal, a new 2009 Sonata can get the standard $3,000 + $1,000 rebates = $4,000 off?
Just want to see if they are playing any tricks in cutting down the total rebate amount.
http://www.hyundaiusa.com/financing/specialoffers/gaslock/offers.aspx
In reply to the person asking about rebates/discounts for the 2010 Sonata, just get the 2009 as there are virtually no differences/updates. Hyundai wants to off loads the 09 models first so there won't be any incentive on the 2010 till at least Nov or till the dealer stock runs out. My advice get your 2009 now before your color option dwindle down and also take advantage of the rebate and negotiate $500-800 below invoice.
The Alabama plant is supposedly getting ready to build the restyled 2011 Sonata/i40 by this time next year. There are spy pictures circulating on the net.
Dealers are still charging the same price w/ rebates as before the CARS program, the rule of thumb is $600-800 below Edmunds invoice price. The dealer I got mine from has only 18 LTDs left as opposed to the 68 he had when I bought mine 11 days ago. The only dealer I know (in my area) who advertises real prices online is www.manassashyundai.com. Before you get too excited, add the following to the web price $349 proc fees, $720 freight.
Most ads out there claiming to sell you an Altima or Accord LX for under $13000 w/ CARS rebate are just that - FAKE, designed lure you in.
I used Edmunds "request a quote" service and forced local dealers to give me an OTD price via e-mail before I went in. 3 out 5 complied the other two I blocked using my e-mail's spam filter.
I got really fedup with utterly arrogant Honda and Toyota dealers in my area (North East). One Honda dealer that has the worst prices and even worse customer service told me, "these are Hondas, you don't need to test drive them, you're lucky that we've a sale this week, so you can buy one at sticker price. Let me know which one you want and I will get the paperwork for you to sign." He would not even walk me to a car to show, let alone test drive it.
I wrote to Honda about my experience and never got a reply back. I thought if that's how the company treats prospective buyers, what will they do to me if I bought one. So, I started looking around for alternate family Sedans and discovered the Sonata which was rated higher than the Camry, Accord, and Altima in overall value and reliability by MotorTrend and Consumer Reports. BTW, this is only true starting with the 2007 model that the Sonata started to get the higher accolades.
I priced out comparable Camry, Accord, Altima, and Mazda 6. All of them were $4000-6500 higher then the Sonata LTD.
Is this a reasonable price? It seemed highish to me, given the rebates in place.
Thanks for any assistance, Sunny
What other options does your quote include such as PEP?. Expect to pay around $17,5000 w/o PEP and $18,500 with PEP. These are OTD prices with your tax and charges factored in.
BTW, I got a LTD i4 as my research suggested that the v6 is not good value for the extra $2,200. So, I put that extra money towards the Nav and bluetooth which was a great decision. Also checkout many other GLS quotes on page 319 (July 16) of this string.
Here's my OTD price breakdown. Others have gotten better price than mine.
09 Sonata Limited, 4cyl
Options - Navigation, Bluetooth, Floor Mats, Cargo Net, Cargo Tray, Mud Guards
Negotiated price - $22,395
Freight - $720
Proc fees - $349
Tags, title - $202
Sales Tax - 1,429
Hyundai Rebate - $3,000
Clunkers Rebate - $3,500
OTD Price - $18593
Hope this is helpful in making your decision.
-3000 rebate, -4500 clunker, = 15,200 out the door.
Thanks very much for your detailed and very helpful info. I am sorry to say that I do not know the status of the PEP on the car. This topic was not raised, but I now see, from reading your post, that I need to know more about the car. There is a frenzied atmosphere out there this weekend.
Where are the different PEP packages listed, do you know?
Thanks again, Sunny
Check here and build your own. It will show you the PEP for each variation
http://www.hyundaiusa.com/shoppingtools/byo/model.aspx?vehicle=Sonata
This is because people can't resist a "sale," even if they are ignorant to the fact that they're paying more now than before, for the same exact vehicle, because of dealer rebate and incentive pullbacks, and less willingness to negotiate price.
Cash for Clunkers seems to be welfare for dealerships. They get a boom in sales, and they get to raise prices the most in the shortest period of time in many, many years.
But when the money runs out, they'll be even more desperate for customers.
Just you wait and see.
Best price in Houston was about 6-7 weeks back. Buy a Sonata, get a new Accent free (or pay the difference and get a new Elantra for $2K). Net cost of the car, if you sold the Accent immediately, was about 11K for a loaded GLS. Only problem was that you had to buy at MSRP-Hyundai rebates.
Considering my son's need for a new car (his 1993 Mercury Tracer with 270K miles on it doesn't even have a functioning gas gauge, but it does get 38mpg), I'd have been willing to get on a plane with him, fly to Houston (I live in Virginia) and drive the two back at that price, but we'd bought our '09 Sonata three weeks earlier.
We went in looking for a 4cyl GLS no options except automatic, in a specific color, but no dice. We could only get her color by considering a demo that had deep scratches in a couple of places (which they offered to repaint), and was frankly dirty inside/outside. But they couldn't go low enough for us to consider that. They did offer other alternatives (colors) and to bring in a car from a surrounding dealer to meet our needs, but they couldn't find the model she wanted in the color she wanted anywhere. However, they did have her color in the 6 cyl -- a demo (new, but almost a year of warranty expired) and a new car (which had the group 2# option on it -- power seats, etc). We test drove the new car and she liked it very much, particularly the power seats/lumbar support. I was impressed by the car overall as well. It was my first time in a Hyundai, but I have to admit, there is nothing inferior about this model compared to the competition. Even the base GLS has pretty much every option you could want (unless you're into the technology stuff or leather seating).
So this v6 automatic also had the option 2# group on it (power seats, etc) plus floor mats & trunk mat. It stickered at a little over 24k plus their "junk" protection/prep package for $1,000 extra, for a final fake sticker of 25k (inlcuding destination). We had no trade-in to consider or the "cash for clunkers" program, and no financing. This was strictly a cash deal to buy a new car using only the $3,000 Hyundai rebate and whatever else we could get off the price through negotiating.
We struck a final purchase price of $18,800 (including the destination charge of $720) PLUS the Documentation fees of about $500, so the real total was $19,300 plus sales tax (I won't include the tax here since it varies everywhere and can be written off on tax filing this year anyway). Edmunds TMV on this model/options was $19,604 (but I'm unclear if TMV includes average documentation/transaction fees or not). Either way I thought we did pretty good, since we were $800 below TMV before doc fees, and still $300 below it after the doc fees added on.
She wasn't insterested in trying to get pricing on competing models, because she simply liked the Hyundai better. So I don't know how this deal would compare to a similarly equipped Accord/Camry/Altima/Mazda6/Fusion/Legacy. I have a feeling the the v6 competition would be higher though. And I know Honda and Toyota don't like to discount much off their MSRP's typically. She will be holding onto this car for approx 10 years (driving it 5k/year), after which time she will give it to one of her children, so depreciation is of no concern to her. I'm happy she was able to get a great car with a warranty second to none. Good luck to you other Sonata buyers out there!
Texas law set a max of $50 for doing the title fee.
That dealer just made an additional $500.
Texasjack
MSRP 24,550
Destination 695
Options 220
Doc Fee 250
Dealer Discount -2,000
Sales Tax 1,600
Title Fee 25
Hyundai Rebate -3,000
CARS Rebate -3,500
Total 18,840
I also purchased the extended bumper to bumper warranty for 10yrs/100k miles on a separate contract with $0 deductible for $1400 and no fee. Dealer let me finance it for 18 months at 0%.
On top of that, will be taxes, license, registration and a doc fee of about 180$.
Thanks for your help in davance