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If the built-in speakerphone microphone in the GPS isn't good enough for you, the Nuvis come with a mic input port so you could have an external mic installed around the sunvisors, headliner more easily and with less much cutting and modification than installing the blue connect.
(see mic input in the cradle)
The advantage of the having the bluetooth and GPS in one is that when you pull up a point of interest like a restaurant, you can just tap on it to call them to verify they're still open, at the same address listed in the POI directory and make a reservation if necessary.
The Blueconnect and factory nav do not talk to each other.
When "new" prices increase, the resale prices will increase proportinately. Personallly, I'd rather have the lowever upfront cost.
We pais $17826 OTD for an '05 GLS SV (LTD except for leather & power seat) and $18,189 OTD for an '07 SE (last Feb). Both figures include 6% sales tax.
Town Hyundai, in NJ, is currently selling '08 Sonatas at $2,000 under invoice and there is a $2,000 rebate for a total of $4,000 under invoice
The discounts on the 2007/2008s are going to be extra large just because the much nicer 2009s are about to come out.
Wasn't the '08 Sonata sometime around June, '07?
I can think of two reasons why large discounts and rebates will reappear on the 2009 Sonata within a few months of its release:
1) Intense competition in the mid-sized class, with other cars e.g. Fulan, Mazda6, Camry, Aura offered at large discounts.
2) Depressed auto sales due to the recession.
Recall that even when the all-new 2006 Sonata debuted, large rebates and discounts appeared soon after its launch. So I don't think we need to wait until 2010 or until the next-gen Sonata is released for large discounts/rebates.
Is it better to buy a 2008 with huge discounts or wait till the 2009 comes out and buy it with not so big discounts?
Consideration: Does the 09 have changes that you would really like to have. Such as the 09 Sonata redesigned interior and HP/mileage increase. Personally, I think these things are quite alluring so I would probably want at least a 3000 better deal on the 08.
Paid $20,660 + TTL for a new 08 V6 Limited with Sunroof, floor mats and cargo net. That's $5200 off MSRP.
That was 2 weeks ago, then a couple of days later I learned that the 09's are coming out soon later this month. However, I am happy with my 08, and just by looking at Fitzmall's prices on the 09's I can tell that I made a good decision.
However, I do love the new interior!
The dealers probably can't get more of the more attractive 2009s until they sell out their left over 2007s and 2008s.
However, if the '09s come out within the next month, as some have said, our '07 (not quite a year old) will be 2 model years old in 13 months. We didn't exactly buy it at the end of the model year.
Moving the intro date up by 3 months is a bit much. (Both our Sonatas, '05 & '07 have been fantastic.)
As you said, once a car gets a certain number of years old, condition & milage are much more important than the model year. I think that time frame is more like 5 or 6 years while you are projecting a longer time frame.
Who knows, just a different opinion from an insurance agent who has seen values set for cars damaged in accidents.
Many people shop purely on price and will live with the old style dashboard and live without AUX and USB to save money vs buying a 2009.
How many 2007 Sonatas is "quite a few"? I haven't seen any at my local dealer or advertised in my metro area (Twin Cities) for a many weeks.
If you look at most car dealer newspaper ads, they usually have some amazing discount special in the paper that you can never get when you go there.
There's another Hyundai dealer maybe 25 miles down the road, and I think it's even smaller. I wonder if Hyundai will push for consolidation of smaller dealerships like this as part of the quest for greater legitimacy in the market.
Note the 5-spoke wheels, fog lamps, and body-color trim on the bumpers and sides. Those are what make me think it's the SE--mainly the alloys, which are different from the alloys on the 2009 Limited--thank goodness!! Also, does the grille look a little different from that on the Limited? At any rate, I much prefer the looks of this car to the Limited.
Odd, but to me it looks like photo #2 has "chrome" bumper/side moldings--the other pix don't.
Must be they had more than one trim level there in the same color.
Edit: just noticed the wheels are different also, so it is not the "same car."
The 80-90's reputation is not going away any time soon and you will pay for this at trade-in time,
The only way you will come out ahead buying the Hyundai is if you can buy the new Hyundai for at least the same amount of a discount new as you will have to give up at resale time.
For instance, suppose the realistic market value of your used Hyundai trade-in is $5000 less than a similar Honda trade-in, then you will not have saved any money unless you paid more than $5000 less for the new Hyundai than the best deal you could have got on the Honda when the Honda was new.
If it is even close, then you might as well get the one you like the best.
Look up dealer trade in value of a 3 year old and a 5 year old Sonata with 36,000 miles and 60,000 miles and "good" condition and compare it to the closest equivalent Honda Accord model with the same mileage and condition and see if you think you could buy a new Sonata for enough of a discount compared to a new (and also discounted) Accord to come out ahead with the Sonata.
The lower MSRP plus rebates on the Hyundai still may not be enough to offset the much lower resale value that could wipe away all your original purchase savings plus more,
Keep in mind that 5-year trade-in values for the Sonata are based on the 2003 Sonata, which was not nearly as good a car (or pricey of a car) as the current Sonata.
FWIW, the private-party sales are not as bad as trade-in values. Maybe more people out there see that Hyundai makes a good car now and has for some time. For example, when I sold my '01 Elantra after five years, I got almost exactly 50% of its original purchase price. I didn't get a big reduction off MSRP on the car because I bought one of the first all-new '01 Elantras to come to the U.S, back in 2000, and there was only $500 manufacturer-to-dealer cash on it, and no consumer rebates. Even so, I think I came out very well, and in absolute dollars I think I fared better than I would have had I bought my 2nd choice, a '01 Civic EX. The dollar depreciation on the Elantra after 5 years was about $5900.
2006 Accord LX automatic with 30,000 miles: http://tinyurl.com/2a3bv2
2006 Sonata GL automatic with 30,000 miles: http://tinyurl.com/2bo589
Huge difference. Could you have purchased a 2006 Sonata new for enough of a price difference to make up for the current difference in trade-in value?
You could get more selling to a private party, but you would also get more for the Honda doing the same thing.
If quality and reliability are good and resale value is poor, then maybe the best deal will be buying a low mileage used 2009 Sonata in 2 years.
If Hyundai comes out with an aggressive lease deal with low rates and an artificially high residual, then maybe I will still get the Sonata via the lease program and not worry about resale value.
I hate to say that, but this won't change at least for this few years for Hyundai car.
Yes. For the 2006 Sonatas, there were large rebates starting only a few months after launch. The price difference was about $5000 compared to an Accord (I've been traking prices of the Sonata and Hyundais in general for many years). The KBB numbers show about a $4500-5100 difference. So why should that be surprising? Also, consider you would have had the use of the extra $5000 from purchase time until now. So financially, you would have come out ahead with the Sonata.
Leasing could be good if you plan to only keep the car for 2-3 years, and HMA has offered some attractive leases in the past, e.g. less than $200/month with 0 down on the 2006+ GLS with AT. But if you plan on keeping the car for many years, which I plan to do, then I think buying is a better option (plus then you can use up all of the 10-year warranty).
Money doesn't magically appear out of thin air. If a car costs about $5000 less when new than another car of equal utility, then it's unrealistic to expact that two years later, the car that cost less will be worth more than the more expensive car--or more precisely, that the difference in resale value will have decreased much below $5000. But as the OTD prices of Sonatas go up, and discounts and rebates go down, and sales to fleets are reduced (already done), resale values of the Sonata will go up. People who complain about Sonata prices going up (and sometimes in the same post about resale values!) should keep that in mind.
A 2008 Accord LX automatic invoice is about $19800. With some effort, you can find a new 2008 Accord LX selling for $0 over invoice, that's only $3100 difference.
Even if you had to pay $1000 over invoice for the Accord today, $4100 would be easy to make up in resale value and you would still end up with lower overall cost on the 2008 Accord than on a Sonata that cost $4100 less when it was new.
They 2009s Sonatas should be more desirable used because of new powertrains with better power and fuel economy plus the new, much nicer interior, but it remains to be seen if that will add more than just a little extra resale value.
Edit: Here's a recent (today!) example from the Sonata Prices Paid discussion:
I liked the new 08 Accord V6, and even though I got offers 300 below invoice it was still 26K for a V6 EX-L w/ no nav. Also considered Toyota RAV4, but Limited trim w/ leather pushed it to 28K (and that's at invoice price not MSRP). Liked the Aura too, but still around 25K (not much haggling with Saturn).
I've always liked Sonatas, so I came back to checking out Hyundai again. Fitzmall had 08 Limited V6 w/ sunroof and mats and cargo net for $20,661.00 plus TTL. That's $5,219.00 off the MSRP of $25,880. I was sold. We intend to keep this car a long time. But even with the depriciation, what can you get for a little over $20K these days loaded in the midsize segment? I considered this a lot of car for the the money I paid for it.
You have to buy the Hyundai at a massive discount for it to be even anywhere near the total cost of ownership of an Accord.
I suppose Hyundai could just drop the MSRP $5000 and say: "All cars sold at MSRP, no discounting." They could just add 0% financing at year end to move out the old models when the next model years come in. They could then also slowly increase the MSRP each year as the brand reputation improved. The percentage of MSRP retained at resale would skyrocket,
However, I think people prefer getting discounts, even if the final price is no less, so that probably wouldn't work.
On the other hand, a "good deal" on a new Accord is usually invoice, which is about $2,000 below MSRP in the Accord's case. Honda dealers know how popular their cars are, and they are not willing to go below invoice in many cases, which was about $19,600 on the '06 and '07 Accord LX automatic.
If one were to find a rare and exceptional deal on an Accord, they would have gotten $500 to $1,000 below invoice. The same "rare and exceptional" deal on a Sonata GL/GLS automatic would be as low as around $13,800 + TTL.
To answer your question: Yes, new Sonatas are regularly being sold for $5,000 less than comparable new Accords. Also keep in mind, most Hyundai owners keep their cars for 5 to 10 years. You will not see many cases where people are selling or trading-in a Hyundai with only 30,000 miles. Yes, most Sonata owners are indeed saving money.
I got my new 2007 Sonata Limited (V6 standard) last June for $19,600. My trade-in was 13 yrs old. I keep my cars for at least 10 years at which time trade-in values are insignificant/irrelevant - age is age for cars.
The Accord was worth $3300 trade-in and the Sonata was only worth 1/3 of the Accord's value at only $1100.
So, even after 10 years and 120,000 miles, there is a major resale value difference.
The Accord still has decent value at that age and mileage because people expect an Accord to go between 200K and 300K miles and they expect the Hyundai to be disposable at 100K miles.
The Accords get pretty old before their trade-in value drops below $2000.