2013 and Earlier - Hyundai Sonata Prices Paid and Buying Experience

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Comments

  • kelli333kelli333 Member Posts: 2
    P.S. Where is this dealer, may I ask. City/State? Might as well ask if I'm looking too.
  • themanxthemanx Member Posts: 110
    I might be looking at a new Sonata for a little more? or a new 04 if they have any.

    ElantraStan`
  • otoluvaotoluva Member Posts: 196
    I thought only the LX model had leather!
  • oneohthreeoneohthree Member Posts: 15
    Where would I be able to get the best price for a Hyundai Sonata GLS V6 with ABS in New Jersey? Also, what would be considered a good price?
  • kenspenkenspen Member Posts: 1
    This is what I did. Shop for the exact car you want on the internet. Edmunds.com; beepbeep.com; cars.com are a few of the options. After you spec your car and put in your zip, participating dealers in your area will contact you with info. Limit the contact to email. Print off the best deal you get and take it to the dealer of your choice and tell them you'll buy if they'll match that price. I got a great quote from two dealers about 50 miles from my home and was able to get a dealer about 3 miles from my home to match it. I purchased a 2005 GLS V6 in Ruby Red that was stickered at 18,799 for 15,389 about 3 weeks ago. Love this car!!
  • marlene1marlene1 Member Posts: 1
    Hi. I work for a Hyundai dealership and own 2 Hyundais including the Sonata LX with opt. pkg 5. Sometimes we will take a loss on a vehicle (sell it for less than we paid for it) if the unit has been there too long and we want to move it or if we need to hit a manufacturer's goal. Toward the end of the month you will probably get your best deals as dealers close out their month. As for the 2006 model, if it is any help, we too are in the dark as to when exactly they will arrive. Many dealers still have new 2004 models on their lots. We have been told that they have been shipped but that is all. No word on when they will hit our showrooms. I think the prices that you hear thousands below invoice often include rebates. The Sonatas usually have very high rebates, although the new model will probably not have any for some time as the demand will be high.
  • pharmboy100pharmboy100 Member Posts: 1
    I bought a 2005 LX with sunroof, no abs for 17,000 in february. Got it at Giant HyundaI in N.J. MSRP was a little under 22,000. I went on carsdirect.com and solicited bids. Before visiting the dealerships (3) I called the internet manager to verify they had the car I wanted. I got the car for less than the internet price by going in with a figure in mind and was willing to do the deal on the spot.
  • prezprez Member Posts: 1
    I was given a quote for a 2005 sonata lx with sunroof of $16467.00 plus tax and tag. Is this good or average. Thanks.
    Rich
  • 4samnmags4samnmags Member Posts: 3
    I live in the Washington, DC area and have been shopping for an LX at several area dealers -- all Internet solicitation of quotes, with one showroom visit. I have been given what I consider mostly ridiculous quotes, with one exception. the exception is a $15,389 quote for an LX with heated seats (no ABS or moonroof). The rest have been $20,000 (two quotes), $21,995 and $18,995. Based on research, I have been thinking I should pay no more than $17,000 -- especially with the new 06 model about to hit the showrooms. Can I have some advice? Thanks.
  • tearsintheraintearsintherain Member Posts: 8
    that seems like a good price for a LX, is that after rebates but before doc fees, dest charge, and taxes?

    Actually $15389 is a great price for a LX! I'd jump on that myself, I paid $14199 (after rebate) for a standard GL V6 recently, they wouldn't budge too much on LXs here. Plus $399 doc fees and taxes.
  • 4samnmags4samnmags Member Posts: 3
    Yes, that $15,389 price does not include destination and tax, title charges, and is after rebate, which is $2000 for LX right now. It remains to be seen what happens when I actually get to the dealership. When you all bought your cars, did you ask to see the actual factory invoice (which would show manufacturer-to-dealer incentives and manufacturer holdback, which obviously subtract from the dealer's cost)? Did they show it to you willingly? You can probably tell it's been a while since I negotiated a new car price...
  • rommelrommel Member Posts: 1
    I live in Silver Spring, Maryland and have been shopping for a 2005 Sonata GLS Special Value. The lowest quote that i got was $15,620 including freight charge excluding 5% tax and $299 (for tags, title, and processing fee). Is this a good price? Do you know any dealer that offers a lower price? Please post your comments coz it will be a lot of help! Im planning to buy the car next week! Thanks!
  • 4samnmags4samnmags Member Posts: 3
    I think you may be able to get a better deal than that -- I just bought (yesterday) a 2005 Sonata LX with pkg 03 (sunroof) for $15,997. This included the $2000 rebate, so the pre-rebate price was actually $17,997, but even that was significantly less than invoice and the Edmunds TMV price. I bought the car from College Park Honda-Hyundai and dealt with their internet sales person.he gave me the best quote by far of all the other offers I received, and he was very helpful and pleasant to work with. He sent me a quote through InvoiceDealers.com and I think you get a better quote if you go through an internet service like that instead of directly to the dealer. Good luck.
  • nick0924nick0924 Member Posts: 13
    I live in Pennsylvania; the best deal we got was from Antwerpen Hyundai on
    Route 40 outside of Baltimore; I contacted Antwerpen INTERNET manager;
    (they probably have a website), but I used Edmonds I think and multiple dealers
    sent me quotes; then I spoke with Antwerpens Internet sales manager on the
    phone; he said he would beat the best offer I had by $500 dollars; he did and
    I bought it over the phone; the only thing to remember is to say when you walk
    into the showroom that you have an offer from the internet manager rather than
    starting all over with a salesman.

    Know the car, model, color you want; Antfwerpen's Internet price includes
    everything except MD sales tax and tags (and their tags were something like
    $39 or $59 dollars); also I took the rebate. Their financing is low interest.

    If you don't have a best price, they will not give you that good a price.

    Now remember, Sonatas are not selling that well; the new ones will be out soon, so try to beat down the price at Silver Spring and get a total price including
    transportation. Buy at Antwerpen, they treated us better than any dealer.

    We did not trade a car; that just complicates matters, we sold our other car
    ourselves.

    Let me know how it went; sorry for the spelling errors, I'm ready to go home
    from work now.
  • wisemanwiseman Member Posts: 81
    I've just bought a brandnew 05 Hyundai Sonata LX with Power Moonroof and Heated Seats. It is gray with black interior. MSRP was $21,339, I paid $14,962 after $2,000 rebate, $1,000 loyalty and $3,647 dealer discount. To guide those of you who are in search, I should tell that the car was not a demo unit, it was brand new with 35 miles on it.

    When I looked at Edmunds the MSRP was $21,689 for the same car without heated seats. By the way heated seat option costs around $200 and well worth it (it is the most useful option you can have). I guess MSRP may slightly change from car to car depending on the exact manufacturing date (at least that's the dealer's explanation).

    In short, I believe I got an incrediblly good deal (almost ~$7,000). At the beginning, I wasn't planning to buy a new car, I was more looking for a 2003 or 2004 Sonata. But after I searched the market for a while I noticed incredible deals on new ones (rebates, loyalty and dealer discounts). It is a great car. it feels excellent and runs extremely smooth.
  • ray hray h Member Posts: 120
    No question you got yourself a good deal.

    Just remember what goes out the door cheap, new,
    Comes back as a trade-in, cheap, too.

    I don't regret buying my 2003 Sonata in December 2002, but I'm under no delusions about its resale value. The only way to extract full value out of a Hyundai is to drive it out of the car. Enjoy your new ride - on the whole, they're attractively styled, good cars. (Doesn't hurt that Sonatas are rarely stolen, either. No lie - I just got off jury duty for some moron accused of grand theft, auto. Yep, a Hyundai Sonata. Prior to the trial formally beginning, the Judge looked at the defendant in amazement and exclaimed, "You're accused of stealing a Hyundai !?" Thanks to 11 fellow jurrors and myself, the moron will have 3-to-5 to lament his choice. (The sentence would've been the same for a Bentley. But, at least with the Bentley, had he managed to fence the car, the "disadvantaged yout" could've afforded a real lawyer instead of the lowest-20th-percentile-in-his-correspondence-law-school-class public defender he drew.)
  • raveonraveon Member Posts: 1
    Hello all, about to purchase the top-of-the-line 2005 Sonata GLX V6 here in BC, Canada. I'm currently shopping around for the best price...any guidance? The best price (all taxes,freight etc. in) I've got so far is about $27,700 CDN dollars.

    Can I do better :)
  • curlyhurleycurlyhurley Member Posts: 2
    Sorry about the long rant below - but here's the long and short of how we were lied to, misled, and taken advantage of by Brad Benson Hyundai. Hopefully some of you can learn from our mistakes. We purchased an Elantra GT in 2003 and have been very happy with the car, so much so that when it was time to purchase a second car we again looked to Hyundai - we did purchase a 2005 Sonata LX. However, based on our negative experience with this dealership we will never purchase another Hyundai.

    Here are excepts from a letter sent to Brad Benson and Hyundai Consumer Affairs (names removed as per board rules, and shortened believe it or not):

    Thanks for listening...... :mad:

    May 6, 2005

    Dear Brad Benson Hyundai,

    I wanted to express my utter outrage and disbelief following my recent auto purchase experience at Brad Benson. I must say that my experience encompassed every negative stereotype about car salesmen in the book and we will never take this Hyundai (nor my husbands) to your place of business for service.

    We stopped into Brad Benson on April 16 to look around and test-drove a Sonata. We were with out 7-month-old daughter so my husband did not drive the car. AC, clearly the veteran salesman, swooped in to tell us he would do whatever he could to get us the best deal possible. He knew how important safety was, as well as financial considerations, for a new family. Since we did not have time to stay longer, could we come back the following weekend?

    AC called on Thursday and left a voicemail – hope to see you this weekend, we are having one of our biggest promotional events of the year and have some really great deals for you (Lie!).

    So, we got pre-approved and went to Brad Benson check in hand on the 23rd looking to buy a car. Long story short – we decided we wanted a Sonata LX with antilock brakes.

    Here’s what we were told:
    - Us - So what is the special promotion this weekend? AC – Every Saturday is a sale at Brad Benson (i.e. there were no promotional events – Lie!).
    - We have 2 cars on the lot that fit your needs. If we have to bring a car in from another dealership we don’t have the same flexibility to give you the price you are looking for (Lie!).
    - All cars have the same $2499 markup “appearance package” – don’t worry about that it comes right off the top (Lie!). That’s so when we start talking money right off the bat we can tell customers “look how much money I’m saving you” (he would not tell us what this “appearance package” consisted of - I assume it included the pin striping that was so poorly done I removed it the day after I bought it)
    - I can tell you’ve had a long day (note – baby is beginning to lose it here), I don’t want to play a lot of back and forth games. Let me pull some numbers together and I’ll be back with the lowest price for you (Lie!).

    My husband and I took turns walking the baby while we waited for AC – we should have left at that point but we wanted to get it over with. He came back with a white sheet of paper with dollar amounts scratched on it – different ink colors, sizes, right side up, sideways, upside down, you name it. In the center was $18,600 in red sharpie circled. That’s your number – said AC – what does that entail said we? – Everything out the door said AC – can you break it down said we? Don’t worry about that, trust me I’ve gotten a great deal for you said AC…

    So we went to finance and speed signed while the baby cried. My husband took off in his car while I finished moving my things out of the trade-in. Once we had the baby in bed I looked at the paperwork. We paid $21,833.47 when the LIST price was $21,759.00 – unbelievable! Great deal…trust me…I understand…what a liar.

    According to Edmunds fair price for this car is $19,995; According to Kelly Blue Book fair price for this car is $20,420. So we overpaid by $1400 to $1800.

    We were so stupid for not leaving, we should have known that car dealerships are only out to make money and screw the buyer, we were so tired and were just trying to get done fast so we could take the baby home. Biggest mistake.

    I will NEVER come to your dealership for services. I will NEVER buy a Hyundai again. I WILL send this letter to as many groups as possible so that others might learn from our mistakes. We have already had 2 neighbors ask about the Sonata and we told them to avoid Brad Benson.

    I have spoken with two individuals from customer service and expressed my anger over the outright lies told to us. There has been no follow-up to date and I can only conclude that this is the kind of business Brad Benson runs. You should be ashamed.
  • boltguyboltguy Member Posts: 94
    While I can understand your outrage about being lied to by a dealership, I'm not sure I understand your outrage being directed towards Hyundai the car manufacturer. There are weasels who are car salesmen. As there are weasels in every profession. If the product you received is of good quality (apparently your '03 was), why throw out the baby with the bathwater? Find a new dealership and stop blaming the manufacturer.
  • curlyhurleycurlyhurley Member Posts: 2
    You make a good point - I'm just soured right now. The dealership is acting as a representative of Hyundai Motors and should provide the level of customer service that Hyundai has built it's reputation on. We've had good experiences with Circle Hyundai (my husband's car), and our first buying experience was so much better - I just don't see giving more business than I have to to a company that treated me poorly. Perhaps I'll find another dealership to help me regain my trust but right now the trust isn't there. There are a couple of minor issues with the car that should be under warranty since it's only got 200 miles on it (like the remote trunk latch doesn't work) - we'll see how these are dealt with

    Hurley
  • danf1danf1 Member Posts: 897
    Sorry to hear about your nightmare deal. Once again that is not Hyundai, but rather the dealer that condones such practices. But as far as your trunk release, it may be set on valet mode which disables the release without a key. Open the trunk and look for a slide type switch on the latch itself. If it is down, move it up or vice versa and try opening from the inside. That should solve your problem there.

    And I would strongly recommend finding another dealer to use for service. Service is where dealers make the most money so you will affect their bottom line by not giving them your business. Congratulations on the little one and enjoy your car.
  • jrct9454jrct9454 Member Posts: 2,363
    In this country, franchise laws protect the dealer from most sanctions when it comes to sales practices. Whether you like it or not, the dealer associations have made sure that their interests come before yours, and before the manufacturers.

    This, like a lot of other things, is a uniquely American problem. In Europe, dealers are often owned or controlled by the manufacturers - this has, over the years, introduced other problems, price-fixing being the most egregious. Here, we have unfettered price competition, but at the price of the car makers having very little control over dealer behavior, especially when it comes to the sales end of the business.

    Newer franchises, like Saturn, Lexus, Infiniti, etc. have managed more restrictive franchise agreements and the result is generally better sales experiences for the buying public. Blame your state legislators if you don't like the current system....they allow it to exist because the dealer associations pay good money to keep it in place.
  • Kirstie_HKirstie_H Administrator Posts: 11,242
    Let's focus on Sonata pricing and purchasing experiences. For general discussion about manufacturers & franchise policy, please take the conversation to one of the many discussions on our Smart Shopper board.

    kirstie_h
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    MODERATOR /ADMINISTRATOR
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  • jrct9454jrct9454 Member Posts: 2,363
    That's what I thought we were doing - talking about a particularly unhappy Hyundai owner's buying experience. What am I missing?

    This person was blaming Hyundai, understandably, for a poor dealer experience. I think there is more to the answer than simply swearing off a particular car maker.
  • medtek2000medtek2000 Member Posts: 1
    That's a much better price than the $16,000 I was just quoted for a 2005 GL V6 sonata. Where and how did you get this price of only $14,199? If I'm going to be able to have leverage to negotiate, I'm going to need documentation to show the dealer.
    Thanks.
  • ciras3ciras3 Member Posts: 16
    I looked at this forum previously and saw where the members were getting some great deals on their Sonatas. I went to my local Hyundai dealership today and it was the worst nightmare and the worst experience I've ever had at a car dealership. How dare I relate that I had been an informed shopper and knew that others in the US were taking home a 2005 GLS V6 with the SV package for around $16,000. I was really treated like crap by this dealership and didn't appreciate the "hard sell." I couldn't just come away with a price for a car and felt totally pressured to sign on the dotted line. The first price that was shot to me was $18,000.00 which included that special oil change/tire rotation/pin stripe "dealer package" I told the salesman that I can do my own oil changes and tire rotations in my heated garage and make sure that I torque my lug nuts to the proper setting so my brake rotors won't get warped. You'd think I was asking the guy to sell me his first born son. After I went round and round with the salesman and the manager I ended up getting a quote of $16,000.00 with no oil changes, however I'm going to drive 45 minutes to another Hyundai dealership because I really didn't appreciate being put thorough the nightmare that I went through today.
    Certainly, this can't be the normal sales routine at all Hyundai dealerships.......
  • michaels2michaels2 Member Posts: 17
    ciras3, sorry to hear about your bad experience. Can you tell us what """incentives""" they included(deducted) to arrive at the $16,000 price? Also, where are you located?

    Thanks
  • ciras3ciras3 Member Posts: 16
    Here's how it broke down:

    18,999 MSRP for Sonata GLS with SV package
    595 Destination
    75 Mudguards
    1,182 Dealer Oil change/Tire rotation
    20,851 Subtotal
    -1,000 Dealer Discount (how generous of them)
    -1,500 rebate ? even though it's only 1250
    18,351 First Price (which I refused)

    I told him that there was no way I was paying $1,182 for an oil/tire package. He hemmed and hawed and took that off.

    18,351 First Price
    1,182- Take off the oil changes
    17,169 Next quoted price (which I refused)

    He then said he'd take off another $290 since I was graduating college this weekend and this was his special graduation gift to me.

    17,169 Next quoted price
    290- College graduation deal
    16,879 (which I refused again)

    He hems and haws some more and asks what price I want. I told him that he can take more off as a dealer discount and that 1,290 wasn't enough. I told him to knock off another $1,300 for a total of $2590 dealer discount.

    16,879 Next quoted price
    1,300 my suggestion for dealer discount
    15,579 My final offer for the car

    The salesman is starting to come unglued at this point and asks where I am getting my information as to why he should sell this car for this price. I point out that the 2006's are coming out later this month, that he has a lot full of Sonata's and that I have been looking on the Internet and other people are getting their Sonata's for close to $16,000. He goes to get the sales manager and 10 minutes later the snake oil manager comes out and proceeds to insult me by stating that "the kiddies in the chat room" that I'm frequenting are just "throwing numbers around" and I must certainly be kidding that I expect to get a 2005 Sonata for this price. The conversation went bad from this point on with the sales manager telling me how I'm mis-informed, that I need to form a relationship with my salesman because "he's the guy that is going to come to my rescue when I lock my keys in my car" and that "when I bring it in for servicing that he's the one that will get me my loaner" It was like a bad dream and I told him that all I wanted was to get a price quote on a 2005 Sonata and I didn't see what the big deal was by standing my ground and fighting for the best price that I could get. The sales manager went on to tell me that he has "the light bill to pay" that he has to "pay the salesman's salary" and asked me if I ever sold anything and If I did, I probably asked more for it that it was worth and he was only doing the same thing.. asking for the best price he could get. I told him that I was only prepared to pay between $15,500 and $16,000 and that if he couldn't sell it to me for that price that it really was no problem as I would look until I found a dealership that wanted to sell me a car for that amount. He circled the $16,000 price and stormed off in a huff stating that the lowest he would go was $16,000.

    I also must relate that I have cash and was not going to trade in anything.
    I'm located in Wisconsin and really don't want to name the dealership. I've called another dealership and they have plenty of cars in their lot also. So, as far as I'm concerned when this salesman calls me to ask if I'm coming back.. I look forward to tell him how I found a Sonata somewhere else where they can treat a customer with respect.
  • ciras3ciras3 Member Posts: 16
    After relating my buying experience and price information from my first attempt at purchasing a 2005 Sonata, I contacted another dealership 45 minutes away. I feel like I am getting the same "hard sell" from my phone conversation with regards to the lack of willingness to offer a phone quote and the new dealership stressing the importance of actually "coming in to the dealership" to talk price. I also related the fact to this second dealership that I didn't care to pay the extra thousand dollars for the "appearance package" and was told that I really need to pay the extra money for this because it's important to make sure that the maintenance is done properly in order to satisfy the service department's inquisitive nature so that my warranty doesn't get voided if I do my own service. I guess in order to stay on topic in this forum with "buying experience" I should ask the owners/prospective buyers on here.... Is this standard practice at Hyundai dealerships to try to get you "in the door" before quoting a real price? Also... if I opt to not take the dealer "appearance package" How likely am I to get the "you voided your warranty" speech from the service department when I actually try to take my Hyundai in for service. After reading some of the posts on the Internet last night in this forum and others... I'm starting to wonder if I really even want to purchase a Hyundai and deal with this hassle. What am I getting myself into here ?
  • michaels2michaels2 Member Posts: 17
    I think we might be dealing with the dame dealership. I would be interested in discussing my dealings with them. Email me and I can give you details. I have been dealing on a LX with ABS and Sunroof and Heated Seats. If you are in the Milwaukee/Sheboygan area check out Amato Dealership. They seem to have a nice selection right now. I might drive down there today.
  • ciras3ciras3 Member Posts: 16
    Hi,

    Thanks for the response. I wouldn't mind E-mailing back and forth to work out a deal for both of us and compare strategies however your E-mail isn't in your profile.
    How do I send you a private mailing ?

    Thanks
  • michaels2michaels2 Member Posts: 17
    Circas3 - I had this same "services agreement" sell when I bout my 2001 Elantra. I didn't take it. I had a front wheel bearing issue at 97,000 miles and the dealer replaced it under warranty with no questions asked. I would say the service end on the Elantra has been great. The thing is, the car didn't/hasn't needed any service other than oil changes, a new set of tires and a timing belt that I had changed at about 65,000 miles. Still going stong at 113,000 miles. It is getting close to another set of tires and I am looking to get into something a little bigger.
  • tearsintheraintearsintherain Member Posts: 8
    i'm shocked to hear the methods some of you use to try and buy a car. What on earth are you thinking? The salespeople do this hundreds of times a year, you do it once every 2-5 years. Who do you think is going to win? If you are spending more than 20 minutes with a salesperson, you are probably going to get suckered.

    Quick tips for buying a new car: Obviously first one is don't, cars don't go up in value, they go down. But if you want a new car, either figure out how to get a good deal or use one of the 1001 buying services. They may not get the lowest price but they will probably get a better price than you going in alone. And you should never, ever, ever take kids in when buying a car. Why on earth would you take a 7 month old in??

    Print out the invoice prices, rebate information, and print out what options you want and the price you will pay (pre dest/taxes). Use the internet services to get a price quote, get it in writing (fax/email), take it to another dealer and tell them you are willing to buy a car today if they will beat the other dealers price. Don't let them sweet talk you or waste your time, either they will or will not. You can do this multiple times, I did it 4 times when buying my car (I luckily have 5 Hyundai dealers within 60 miles).

    THE MOST POWERFUL TOOL YOU HAVE IS WALKING AWAY. You don't NEED to buy that car today. If you don't buy that car from the dealer, nothing is going to happen to you. However, the car dealer NEEDS to sell that car to stay in business. Always, always, always keep that in mind.

    FWIW I bought a Sonata GL V6 (no frills or xtras) for $14k last month. I kinda wish now I could have gotten a LX, since some people got it for ridiculously cheap but some people are paying insane prices for it. Oh well, its just a commuter car for me so I'm happy!
  • tearsintheraintearsintherain Member Posts: 8
    For the person who asked about my $14.1k sonata GL V6, I bought it in Los Angeles which has many Hyundai dealerships. The best thing to do is jump on the dealer websites and get a price quote from them, I actually used the fax machine since they seem to be more willing to commit to a price. I just sent a fax to each one listing EXACTLY what car I want (2005 Sonata GL V6 auto factory fresh with no extra options), how much the MSRP and invoice price is, and asked them to fax me back a quote with a price breakout and out the door price. I also said I have never been to their dealership and am willing to purchase it this week. Out of 7 dealers I faxed I got back 4 replies, then I just spend 2 days playing the "can you beat this price?" fax game. After I got the lowest price in fax, I went to the closest dealer with fax in hand (price was $14599), went to internet sales dept, and said I'll buy a car today if you can beat this price.

    Dont be afraid to fax outside your area either to get initial prices. Heck you can even buy outside, a car is a car is a car..
  • col_10022col_10022 Member Posts: 18
    I have noticed sonata prices dropping pretty dramatically in my area. How low can I expect them to drop and is it worth waiting for the '06 rollout before buying an '05?
  • danf1danf1 Member Posts: 897
    The 2006 is already out. I've got one in stock and seven more coming. Inventory on the 2005 model is low.
  • col_10022col_10022 Member Posts: 18
    So if my dealer has a bunch of them in stock, how low will he go? He has currently quoted me 16.5K.
  • danf1danf1 Member Posts: 897
    That depends upon what you are looking at. How about some specifics. GLS? LX? Equipment?
  • col_10022col_10022 Member Posts: 18
    Well right now one dealer has quoted me 16.5K on a fully equipped sonata but only has 2 or 3 in stock so there is a very limited choice of available colors and they each have between 50 and 100 miles on them (that is a lot of test drives). Another dealer who funnily enough has lots of them in stock is quoting me a higher price of 17K but there is a better choice of colors and some of them have less than 10 miles on them.
  • col_10022col_10022 Member Posts: 18
    Oops.

    The car is a sonata LX with sunroof and ABS/TCS.
  • danf1danf1 Member Posts: 897
    So the cars should sticker for about 22,600. Invoice is around 21,100. Probably about 500 in holdback, 2,000 rebate. That brings me to 18,600. Do you own a Hyundai now? If so there is 1,000 loyalty bringing it down to 17,600. College grad? Thats 400. Military? Another 500. So with all incentives 16,700 is a net deal. I have never seen anybody qualify for all of these incentives. Did you go in and work the deal with them or are these numbers quoted over the phone? It sounds like you may have been low balled. If you can buy one for 16,000 I'd say do it before the car is gone. The 2006 with the same euipment will sticker for about 24,800 and there won't be incentives anytime soon. An 8,000 difference is enough for me. How about you?
  • col_10022col_10022 Member Posts: 18
    If the 2006 is going to sell for 24.8K, I don't see why anyone would buy it over a similarly equipped Accord or Camry.

    I would probably take the car at 16K if I got the color I wanted but celadon green seems to be rare.
  • col_10022col_10022 Member Posts: 18
    Are there any special rates avaiable on the Sonata from Hyundai or should I just talk to my bank?
  • danf1danf1 Member Posts: 897
    This may be regional so check with your dealer, but in PA we have 0% for 60 months in lieu of the $2,000 rebate.

    As far as a similarly equipped Camry or Accord, those are still a few thousand more. I did a side-by -side on Kelly blue book. They are close in all regards, until you look at the price tag.
  • col_10022col_10022 Member Posts: 18
    I don't think the quotes include any special incentives (loyalty, graduation, military or otherwise, other than the $2000 incentive), I think they are just ready to take losses on their remaining sonatas, if both these dealers lowballed me I will just buy a Honda Accord.
  • ciras3ciras3 Member Posts: 16
    I just made a deal on a 2005 Sonata GLS v6 with SV package in Steel gray and black cloth interior. I pick it up on Friday. As mentioned, stock is dwindling and they are selling what they have on the lot or dealer trade. I wrote in before about the horrible experience I had at a local dealer. I ended up going to my third dealership before I was given the best price and treated well. I ended up getting a steel grey with black cloth interior. I paid $16,000 even which included freight. I will pay around $17,000 with tax, title, dealer fee, and license plates.
  • ciras3ciras3 Member Posts: 16
    Hi,

    I don't think you can stack up the rebates. If you are a college graduate you take $400 off but only if you finance. If you finance, you don't get the $1500 off. I just graduated college last Saturday and this was how it was portrayed to me at the dealership.
  • danf1danf1 Member Posts: 897
    You can stack the rebates. Hyundai will not give you the college grad rebate and the 0% financing however, so you should have the dealer compare both rebates and standard financing vs. no rebates at 0%.
  • danf1danf1 Member Posts: 897
    That sounds like a very good deal. I'm glad persistence has paid off for you. Enjoy your new car.
  • ciras3ciras3 Member Posts: 16
    The way it's worded is really ambiguous. You can stack certain rebates such as the military discount and previous buyer discount. However where I live the deal is either to take the $1500 rebate OR the 0.9% financing. If you take the college grad rebate of $400 you have to apply for the Hyundai financing which is from what I was told a different rate, and not the 0.9%. I'm only going on what my salesman told me. I was basically told that I was better off taking the $1500 incentive and either paying cash or financing through my local bank which offered a better rate than Hyundai. You can't expect to get the $1500 rebate and the $400 college grad rebate and stack those was what I was stating, it's either or. I'm pretty sure that not many college grads are in the military and own a Hyundai already to be able to stack up those incentives also.
    On another note.. yah.. I'm totally happy with the deal I got on my Sonata and can't wait to pick it up and own a Hyundai. I really liked the Steel Gray color with the black interior and simply love the way it looks.
    I didn't realize until my salesman pointed it out, but with the SV package, you get the aluminum 5 spoke rims and not the 11 spoke rims. He is telling me that he can look out his window and see which cars have the SV package by counting the spokes on the rims. I think the 5 spoke rims will look nicer.

    Thanks for the input on this discussion forum. This makes it all worth while for everyone to be informed buyers and owners of these Sonatas.
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