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It goes something like this: MSRP - $24,895.00
Amount I demanded based on 2 quotes - $2395= $22,500.00
Rebates - $2400= $20,100.00
Taxes, Title, Fees, etc (estimate because
I don't have it in front of me) + ~$1476= $21,576.00
Their final offer after haggling - $139= $21,437.10
So there you have it... this is how I arrive at the "OUT THE DOOR" price of $21,437.10. Give me your feedback.
docjosh
me the best rate they could give me was 7.49. So I
am going to refinance immediately.
Anyway, this looks like a good deal to me. Especially
with that finnce rate. Only 2k more than I paid for
a GLS v6, no package. So sticker was 3k less on mine.
Price of car: + $ 22,339.00
Rebates: - $ 3,000.00
Title Plates..etc + $ 130.00
NY Tax + $ 1,840.49
TOTAL PD: $21,309.49
cash price 21,979
less 3,000 rebates
18,979 before ttl
i went through internet sales
LX ( no added options)
Car price $22,116 PLus $ 600.00 destination charge
Tax @4.16 ... $944.99
Less rebate $-1000.00
Price Before Fees
22,660.99
Fees ( Doc N Lic) 385.33
Total $23,046.32
Less Finance rebate $ 1,000.00 Final Cost 22,046.32
I even tried a Mainland dealer who would ship to hawaii with a second destination charge... and the price would have been about 150.00 less... So I would prefer to get locally
Or should I wait two years for when I get transfered back to NC...
:sick:How much would that discount it? it's never been titled, so it would be titled as a new car, and thus the 6K miles would shorten the 5/50k bumper to bumper to 5y/44k miles basically.
I don't even know where to start with this.
* Have them throw into the deal the Hyundai Extended Warranty--the one that ups b-to-b coverage to 10/100k and is transferrable. That's a roughly $1000 item, and you can say it will give you peace of mind since the car is basically a used car.
* Also ask for a real nice discount, under invoice. After all, they already got some use out of the car, at least a half-year's worth. What's a full year's depreciation on a new car like this? Oh, about $4-5000. So you can ask for a discount of at least $1-2000 under invoice, before all applicable rebates of course. You could start at $2500, if they balk you can move up.
* Also, be sure the car has had its 7500 mile servicing, at their expense, before you drive it away.
P.S. The standard warranty is 5/60k, not 5/50k.
If the MSRP is 23k, I would start at 17k before Rebates!
They won't have any trouble finding a buyer for the car at $14-15k with a 10 year/100k b-to-b warranty. If they were willing to part with the car at that price, it would be long gone by now. That's what an Elantra GLS goes for, w/o the extended warranty.
That should be your upper limit. Try to get it for less.
And make sure it has never been in an accident.
Good luck!
Maybe that is why Elantra sales are faltering...
Ok.
Not a very good deal when the Sonata is such a great deal now. Must be why Hyundai just raised the rebates $1000 on the Elantra in the past few days--$500 on 12/1, another $500 today. And I bet they'll go up from there.
You gotta think Hyundai is pulling out all the stops to grab market share with the Sonata--maybe before the '07 Camry debuts?
I just wish the Elantra GT had been in some of those earlier tests. It should have smoked any comparably priced car. But instead they tested the GLS with cars costing two to five thousand more in price.
And now, finally I've seen a couple comparos with the Elantra GT, but it finishes near the back of the pack, mostly on subjective complaints. I'd still put it at the top considering its price and equipment, handling and refinement. Wish it had some more power though.
Maybe since the newness has worn off, the testers don't hand out praise so freely?
I took everyone's advice... I called Cochran's in Pittsburgh - neither them nor Fitzgerald could offer me the same deal nor beat it. So I went into Hallman's Hyundai here last night and agreed to purchase the Steel Gray Sonata LX - $21,437.10. I was given 6.69% financing by HMA (this will only last for 7-10 days until I can refinance with USAA - United States Automobile Association for military personel and their families). They offered me 5.95% financing for 60 months. Not too bad for a 23 y/o male.
Anyway, I just wanted to extend my gratitude to everyone here in these forums. Thanks for your insight and feedback. If anyone wants a good price on a hyundai with friendly service, visit Hallman's Hyundai in Erie, PA. Any questions, just ask. Until then, I'll be enjoying the drive...
docjosh
Also, I plan on trying to get a Hyundai hat out of the deal as well - anything for free advertising!
Same loan amount at 5.95%; Interest = $3,399.
A saving of: $445 assuming there is no penalty and no Loan recording fee(s) for switching!
FOUNTAIN VALLEY, Calif., December 1, 2005 – Hyundai Motor America sold 33,383 units during the month of November, setting a new, all-time record for the month. Year-to-date sales of Hyundai vehicles in the U.S. are up 8 percent over the same period, 2004.
The all-new Sonata led sales in November with 14,216 units, an impressive 117 percent increase over last year. In addition, the XG350 also had a stellar month with 2,311 units, a 56 percent increase over the same period, 2004.
CARLINE Nov 2005 Nov 2004 CY2005 CY2004
ACCENT 1,623 2,465 39,351 40,411
SONATA 14,216 6,557 109,512 99,011
ELANTRA 6,081 8,051 107,429 102,665
TIBURON 1,206 1,319 19,417 18,803
SANTA FE 3,423 7,620 64,253 102,077
XG350 2,311 1,477 15,900 15,241
TUCSON 4,523 2,193 56,129 3,259
TOTAL 33,383 29,682 411,991 381,467
So a 2006 Sonata LX with the 03 option goes for $24,717 (MSRP before TTL).
So 20% off MSRP ($4945) = $19,772 - $2,000 rebates = $17,772 + TTL.
Hmm, and if they throw in a 100/100 B-to-B extended warranty. Maybe if they go to $17,200 with the extended warranty I would consider (it's not the color I would choose)
-brian
Here is a good fact for you. you wanna save some money...? Go buy a junker (hyundai) for like $200 and bring the pink registration form to the dealer and get the $1000 owner loyalty rebate! Has to be a regisrtration, title does not work.
with the extended warranty, for about 400 less than
even Fitzmall sells the GLS V6? Or 800 less than I paid
for the GLS V6. Good luck!
Let us know how you do.
This may be TITLED as a new car as far as the state/insurance is concerned, but the dealer and I know it has been used. It doesn't hurt to ask.
Before buying a junker(hyundai)... you better check the rules/facts!
It has to be 1997 or newer!
A demo has no more room of markup versus a new car. It is done by the discretion of the dealership. There are dealers who would take a small loss to promote volume, but none would take that big of a loss. Usually a demo receives a $0.15 discount per mile. So 6000 miles would equate to a $900 discount and it usually comes from invoice. We are just trying to layout the truth for you. Good Luck!
What I am saying is, when you go into a dealer and they try to sell you a demo, they take the miles on the demo and multiply it by $0.15 per mile to get your discounted price. It has nothing to do with trading your car and its depreciation.
A demo is a new vehicle used by dealership personnel for instructional use as well as personal use. The demo is not a titled vehicle, there for it qualifies as a new car. So then it is able to be sold at dealer discount at their discretion. It also qualifies for all appliciable new car incentives.
A used car is a vehicle in which was owned,rented,or leased. This vehicle would be titled to an owner. And the car does not qualify for any manufacturer incentives unless the brand has a certified preowned incentive.
The vehicle that he is talking about is a 2006 Hyundai Sonata (DEMO) not a used Sonata. And the $0.15 per mile is generally used as a negotiation tool for discounting a demo(still a new car) versus a new car without any miles on it. It is called Perception! It is what the dealer does to make you think that you are getting a better Deal on a demo.
I think we've heard everyone's opinion by now... Let's move on..
Thanks!
kyfdx
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Who knows if one will come in? My guess is the odds favor the dealer.
But to pay anyway near a zero mileage new car price would be stupid for anyone who's been reading this board. And by near I mean $2000 or so.
A good price to shoot for would be trade-in value. Or let the dealer laugh and sell it to that sucker he's waiting for.
I guess it would be the same as trying to buy a house that lists for $100,000 and offering them $45,000. Its an insult and maybe a waste of time.
Who knows.... They can say one of two things..Yes or no.
And,
"...$100,000 and offering them $45,000..."
What do you mean by those?
Do you think I'm suggesting to offer 45% of invoice minus rebates?
i own sonata lx for 2 and a 1/2 months, with only 1200 miles.
i put 1000 miles in 2 weeks and then it is literally sitting in the garage to be traded up to azera. more i lernt about azera more i "WANTED" it.
i was thinking that i should be able to trade sonata, loosing only couple of hundred dollars and it's warranty to be transfered to the new owner.
now after reading discussion of "where to start" from "bdc 2020", i am wondering about that. any suggestions?.also will the new owner get incentives?
in the other forum "kwonc71" in "trade up again", changed 2 sonatas in 6 months. did you loose a lot when you traded from GL to GLS and from GLS to LX. what about warranty and incentives on these.
i am posting in both forums for larger response and not to be redundant
There is NO difference in price structure from the manufacturer on a new vehicle(with zero miles) and a new demo(untitled).
Internet customers are educated consumers, use the knowledge at hand to make a wise decision. You know the mark up from net to MSRP. There is no difference unless it is a titled used car. But it is not.