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I made an appointment at my dealer to get the auto door locks turned on, and was again told it would take about an hour. I protested that from the service manual, it looked like a simple procedure and I didn't think it should take that long. The service manager said in their experience an hour was about what I should expect. An hour later the service manager found me and admitted they weren't done, and worse, didn't know how to do it. They'd have to call Hyundai's tech line for help. Its been two days now and so far, they still don't know how to do it. I can only take their earlier statement about the time required as a lie because obviously they'd never done it before. This particular dealer has a bad reputation locally for their high-pressure sales methods, but I didn't realize their service was lousy too.
Have not noticed any rear end noise....but with snow here this past week, would probably not have noticed. FWD and Michelins did fine in the snow; not a Jeep, but better than my old BMW 740iL
When you removed your air deflector was there tape under the hooks protecting the car's finish? Mine had clear plastic tape that so far, I've not removed cause I'm not sure how firmly its stuck and I'm worried about the finish being hurt. My intention is to wait until the weather warms and see if it loosens a bit. I'm curious to know if you removed the tape from yours if it was there.
Maybe the way to remove tape from under the wind deflector is use a heat gun, mine is still on too.
Purchase: 27,200 (Incl delivery; excluding registration, tax)
Lease: The capital cost reduction is 2925, residual is 53% equaling 15939, and the money factor is 0.00119. This will put your monthly @ 299 x 27 months
This is in NY state..What do u guys think of the deal?
1st time owner of a car: any tips before I plunge into the lease? (Even if I purchase the car at the end of lease at residual value, it still looks almost same if I buy it now. The APR of 2.86 is appealing)
Any more numbers that I am overlooking?
Thanks in Advance
Here are the Numbers:
MSRP-----------------$30073
Base Cap Cost--------$27200
Cap Cost Reductions--$ 2925
Adjusted Cap Cost----$24275
Residual Value-------$15939 (53%)
Money Factor---------.00119 (2.86%)
Term----------------- 27 months
Payment Per Month: $356.60 (+ tax)
Payment Breakdown:
Depreciation---------$8378
Finance--------------$1291
Total----------------$9669 (divided by 27 for per month payment)
So, with tax, your payment is more realistically $380-$400 per month.
All of your numbers are right on, except for the most important one -- the monthly payment. You better check on that quote again.
If you want to punch in the numbers yourself, you can go to this lease calculator.
lease calculator
The other item in NY will be a $300 disposition fee at the end of the lease IF you do not buy it with your option at the end. When 27 months are up, either the car will be worth more than the $16,000 option price, in which case, if you like the car, you can then buy it, knowing that the depreciation has improved...OR if the option price is too high, relative to true market, then you can either try and negotiate the market (in which case you will not have been penalized for the depreciation, as they will have subsidized the loss AND at a low APR....) or walk away (in which case, again, you will not have taken the depreciation loss in excess of true market.) Actually, for a first time "buyer" I think this leaves you a lot of options and does provide you with the safety of a "walkaway" option at lease end without bearing the depreciation risk. As important (since 20 or 30/month should not make a big difference) will be whether this car provides the features and attributes you are seeking. From my prior posts, you can tell that I feel that at $27k (roughly) nothing can come close in terms of overall size, comfort, safety, features etc. AND if the depreciation risk is removed then you can begin to compare actual costs which are 100% known to you upfront on leases for comparable cars. The one BIG risk factor (raised appropriately by Ric) is the possibility of a depreciation hit if you buy the car and want to sell it (or trade it) in less than 5 or 6 years...Leasing with known factors quantifies this precisely and actually turns the risk around to Hyundai (beyond what they are charging you). Buying with the intent of driving it into the ground also accomplishes that. Other economic factors which has been ignored when comparing cars and leases would be the other elements of ownership costs:
a.) Regular gasoline vs. premium and then gas mileage expectations.
b.) Warranty and expected costs with differences in terms for both that and roadside assistance
c.) Relative "quality" ratings (i.e. from Consumers Reports etc.) which might imply how much of your time is wasted with problems during ownership (an area VW gets horrible marks on across the board!)
Even the Purchase price he offered if I purchase directly (without lease) was close to Invoice, and at least 500 bucks lesser than any other dealer.
Will try to visit him over weekend if my schedule permits and get a more hang of the deal.
This was for a 12K miles per annum deal with a 15 cents/mile overage
In case he is not offering any discount on the lease, I am ready to go with the higher monthly payment, but will choose a dealer geographically closer to me
My only concern is that the credit history criteria for leasing shd nt be too stringent, I do have a good (735+) but just 3.5 years old history
However, I still feel it's a mistake. If he can get you an Azera Ultimate for $299/mo, then ask him what you can get a Azera without Ultimate for . . . maybe $230/month???
Please let me know how it goes. I getting ready to make my second trip to Hyundai soon.
As for your credit score, do not let them give you any crap or excuses, a 735 puts you in top tier for auto credit and leasing!!
I'm going to buy a Limited Ultimate in a few months - black with black.
You may want to include this as part of your purchase discussions with the salesman and ask that the charge be waived, and the locks activated prior to delivery of the vehicle.
A service bulletin published 2/14/06 confirms the information provided above. This policy conforms to those of us that have purchased the 2006 Hyundai Sonata. I ended up paying $48.50 to have the automatic door lock feature enabled.
To me that sounds like saying connecting the battery is not a warranty item and as such is not free. Or removing the plastic from the seats or cleaning the car or the multitude of other things that are done to prep the car. The door locks should be part of prepping the car.
Come on thats like buying a toaster and finding out you have to pay extra for the toast to pop out.
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
Black Azera with black interior Limited with Ultimate package
2925+595+tax+registration down
293 pm * 27 mo+ tax
security deposit=disposition fee=300
Residual value = 15939.75
May complete the deal by Monday, will let u guys know how it goes
Yes, you are correct, the seat goes back about 75% (didn't realize how far back the seat could go...you could have a 40 inch inseam and still have plenty of room!) I sit so close that when it goes back it seems like it is waaaay back....but wife sits way back so she checked and said you are correct!! As for pedals, I do not think the wiring and electronics are set up for it, so it is probably not like the locks and seat where it can just be enabled via programming. I had never seen it represented that it could be included with the memory (and if I am not mistaken, it is not on any other car with pedal adjustments?) In any event, the only feature which was in the brochure which does not exist, to my knowledge, is the automatic tilt-down of rear-view mirrors when you go into reverse. You do get automatic wind down of the rear sunshade if you have it up when you go into reverse, however.
MSRP----------------$30073
Base Cap Cost-------$25537 (wow!)
Down Payment--------$ 2925
Adjusted Cap Cost---$22612
Residual Value------$15940
Money Factor--------.00119 (2.86%)
Term---------------- 27 months
Monthly Payments--- $293
I still can't believe you got a discount of almost $4500. The invoice price is as follows:
Azera Limited------$24151
Ultimate Pkg-------$ 2334
Floor Mats---------$ 63
Freight------------$ 660
Total Invoice------$27208
Minus $1000 rebate $26208
Minus $500 Dealer Kickback $25708
Hmmm..... and you got it for $25537. That's a great deal. They're losing money on the car. Am I missing something?
MSRP ---$30079
Internet Special Price: $28698
He said it's possible to get another $1000 off if I am a prior Hyundai owner.
$28698 LOL That's not even in the ballpark. I fully expect them to drop to $27,500 BEFORE the $1000 rebate (which he never mentioned -- although they claim there's no $299/27mo deal and there never was???) -- which would drop the adjusted cap cost to $26,500 or so. Not quite as good as the deal listed earlier, but I'd take it. I'd never accept $28,698 though.
BTW, two of the Hyundai dealers I contacted in metro Salt Lake City, Utah claimed there's no $299/27 mo. deal and there never has been. Is that weird or what!!
I haven't started my negotiations yet. But when I do, if I can't negotiate a good deal(I'd be willing to go as high as $360/mo for 27 months on an Azera Ltd. Ult. with the $2925 down), then forget Hyundai and welcome Acura TL!!
(Although NONE of the Acura dealers I emailed here in Utah have returned my emails)
I must live in the middle of a really CRAPPY auto-selling location!
If his price is an "Internet Special", I would tell him to check Hyundai's website so he can keep current on the current deals.
Current Hyundai USA rebates and financing offers
Some Internet savvy salesperson, eh!
The email I got today from the Hyundai dealer made it sound as if they're doing me a FAVOR by selling the Azera to me for $28698. He said that Azeras are in short supply and hard to find and they just began to trickle in (an obvious set up for justification of higher prices -- just like some dealerships did early on by jacking up the price of the Azera to more than $3000 OVER MSRP).
The other thing that is a BAD sign is that I emailed this salesperson back and forth today, but when I pressed for specifics on a lease, the emails suddenly stopped. I haven't heard back since then and I have received absolutely NO information at all about any type of lease (subsidized or not)from ANY of the Hyundai dealers.
Of course that makes sense since the Azera is probably one of the worst vehicles to lease because of it's disasterously low residual value -- unless there's a subsidized lease deal WHICH THEY APPARENTLY KNOW NOTHING ABOUT!
And the next Hyundai sales person that starts up about how much better the Azera is than a BMW 760, I'm just going to break out laughing. These comparisons to BMW and Mercedes, etc. are just plain stupid! "Yeah, and it probably has better cup-holders than a Ferrari!" That's what I said to the last sales rep that said something like that.
So far, I have not been impressed at all with he Hyundai sales reps and I'm not entering negotiations Tuesday with a very positive attitude.
Since I got the FIRST Azera in Phoenix - and possibly the state of AZ - I have the folding mirrors.
Big deal - I'd prefer the mirrors like the XG350(L) had - tilt down.
Anyway . . . from everything I read, the Azera's in the U.S. have folding mirrors while those in Korea (and other places) have the tilt. Maybe somebody else who actually owns an Azera can confirm that. It could be that the folding mirrors are part of a package?
The folding feature appears rather
worthless. The tilt is probably more useful.
European Azera( Grandeur) has tilt mirrors. I can't believe that Hyumdai can provide feature in one country but not the US.
Euro models also have back up sensors and side mounted turn signal lights.
To my knowledge, Hyundai is only manufacturer requiring the ignition key to be inserted to use the memory seat function.
The 2004 Hyundai 350 adjusted the memory seat buttons when the remote was pressed to open doors. Each remote set it's preprogramed setting.
Thanks for the tip. I'll keep it under hat until after my trip to the Hyundai dealerships here on Tuesday. If they give me the run-around, I may try your tip depending on how much it would cost to ship the car to me or to fly there.
Now, I know they need to move the old inventory. But the Azera is the best car they have going right now . . . and it's almost March. The Azera has been out for going on four months now. Yet, they are choosing to be completely mute about it and pretending it doesn't even exist -- at least as far as advertising is concerned. I just find that very odd.
You'll find that some dealers will enable the locks for free as part of dealer prep, while others may bring this matter to the buyers attention and either allow the fee to be waived or made part of the sales negotiation.
In my particular case, I was not informed that the locks are disabled when shipped to the dealer, and was not informed of same or that a fee would be charged to enable the locks. It wasn't until a few days later that I realized the locks weren't being armed automatically as I would have expected. Calling the dealership, I was told that the locks are disabled at the factory and a charge of $48.50 would be required to enable the locks. I paid the fee and now have locks that operate at 19 MPH. I'm my particular case, it involves the purchase of a 2006 Sonata LX.
Had I known about the automatic lock feature prior to purchase, I would have asked that they be enabled gratis or be used as a bargaining chip during purchase negotiations.
I did write via survey to HyundaiUSA that automatic lock enabling should be part of Dealer Prep, so that the locks work as advertised in sales brochures and other media.
While shipping product from factories makes sense for shipping purposes, allowing purchasers drive away from dealerships without an advertised feature enabled, certainly doesn't!
Based on official Hyundai service documents, it would appear that the ENTIRE Product Line is being shipped from the factory with automatic locks DISABLED.
As to whether a dealer will enable locks for free, is strictly up to the dealer.
Please consider my original post as an FYI, a heads-up, or something you should know when purchasing a Hyundai.
Good luck to all you Azera owners. I hope your as happy with your purchase as am I with my 2006 Sonata LX!
This is kinda silly. In Acuras you can program all kinds of settings yourself in minutes - for free. The Odyssey too. Probably many other vehicles as well. What's the problem here?
They set Auto Lock and EZ Exit in about 10 minutes. No charge.
Hyundai's TSB on this gives a step-by-step illustration of how to program the auto lock feature. For someone untrained, such as me, it should not take more than 5 minutes once the untrained person finds the module plug under the dash. Plug it in and hit a few buttons on the key pad...almost like a programmable thermostat.
You had a dealer issue, not a car issue. Someone else posted that the cars are delivered with the auto locks disabled so the buyer could select the speed at which they engage from the various options offered.