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The final price I paid was $18426.
I got the $2000 rebate and t.t.t. were $778(higher than some dealers but I wanted to buy it locally).
I love the vehicle and hope I paid a reasonable price.
Here's the deal I got, I think I got a good one, but what do you all think?
Car Price: 16274
Dealer Fee: 248
Tax:813
Title/License: 65
Total (OTD) =17400
Paid Cash, not a Hyundai owner previously (so no loyalty rebate).
I have a 2 yr old Sonata 07 V6 LE in great condition with less than 6500 miles as we speak (feb 2009). I am thinking about "upgrading" to Sonata 4-cyl LE just cause:
- gas-wise 4-cyl is more economical than V6 - even though gas prices are cheap now they could go higher in the future
- maintenance-wise I think V6 is pricier to maintain than 4cyl
Is anyone here from the Bay area? I wonder how much would the 2009 Sonata 4 cyl LE cost - with moonroof? Heard from this forum that moonroof is STANDARD for 2009 Sonata LE models, is that true? BTW I bought my 2007 Sonata V6 LE for $25k in 2007 - the added option I got was for the Infinity speakers and the moonroof. I see that the current 2009 Sonata LE's now come with Infinity speakers standard, so guess moonroof is still an option?.
I think I have read from this forum that the current 2009 Sonata LE 4-cyl could cost $22k OTD?
I am hoping to be able to sell my car and willing to shell just an extra $2500 tops to get a new 2009 Sonata 4-cyl LE. Is this possible or wishful thinking?
My 2007 Sonata V6 LE is in excellent condition (I have 6500 mi after 2 years) and I do the regular oil change about every five months as I don't drive it often. It still has the new car smell
Your inputs are appreciated!
Have most of my ducks in a row for 09 Sonata Limited 4 cyc - just a few questions for you experts:
1. Is the dealer prep amount standard or does it vary among dealers?
2. Are any of your buyers being coerced into taking NAV by salesmen telling you that no Sonatas are available w/o NAV?
3. What is the best guess re: will the $2K rebate and $1.5 loyalty incentives be renewed for March?
4. Anyone purchase recently on Long Island in NY - if so, how did ya do??
Thanks - your help is truly appreciated!!
Also don't know how 2300 in fees come about (1600 in tax, $150 in title/license $550 dealer "doc" fee?)
I don't believe most areas of the country outside of NY, NJ or CA would be competitive. Hyundai sales seem to be much better than the rest in the last few months and they seem to be selling the gls auto (20400msrp) for around $16000 or more.
With a trade in value in 12 months of $11000, this isn't much of a deal. Especially in a recession
Good luck
--jjf
Just got our New 2009 Sonata GLS for 15339 out of the door. Sale prices is around $ 13000 much better than Toyota and Honda.
Second, where else can you buy anything comparable to the Sonata GLS AT new OTD for close to $15k? Nothing I am aware of. You might get a stripped Fusion for close to that, but it would not have ESC at that price.
If someone wants to pay as little as possible for a car, they should buy used, e.g. 2008 Sonata GLS ATs with moonroof are available readily in my area for $11-12k with average miles. But some people like a new car, and the 10-year warranty that goes with it. They are willing to pay the big depreciation expense in the first year or two for the benefit of buying new. I don't see the value of comparing new car prices to used car prices when someone is set on buying new. If they are considering both new and used cars, then that is a worthwhile comparison.
If one can get a new 09 Sonata GLS AT for $13000-14xxx before taxes and tag then more power to them. Agreed that would be an good value. That said, we have very few (one?) report of a sale anywhere near that price.
Outside of NY,NJ and CA, the price is more likely to be $16000 or so for the $20,400 msrp Sonata GLS, with Hyundai working their favorite payment buyers in these other regions. At $16000 the vehicle is not that compelling of a value, especially in a recession, and one should investigate what is possible with the Toyota or Honda offerings in your region. I haven't looked up the numbers.
Hyundai has actually reported increased sales figures recently, meaning a possible sellers market for them. More reason for 10 email bids from Toyota and Honda in your region last week of the month.
I believe there are numerous others posting $20000 purchase figures for the Sonata Limited 6cyl etc. A quick look at an 08 used (kbb.com) Limited reveals a trade in value of about $12000, or what your 09 will trade in for in 12 months.
Paying $8000 to ride a Hyundai Limited (or few other cars, especially now) for the 1st 12 months is definitely not great, and you've done it whether you trade the car in 12 months or drive it for 10 years.
Thoroughly exhausting the 09 Toyota and Honda situation is warranted especially if paying $2000 or so more has us eating about $3000-$4000 in 12 months. (look up an 08 used). Many will argue the Toyota and Honda are superior if not equal brands to Hyundai.
The Hyundai warranty is probably worth about $450 over the average warranty provided by the others, if you want to figure that in.
Happy Hunting
--jjf
Second, where else can you buy anything comparable to the Sonata GLS AT new OTD for close to $15k? Nothing I am aware of. You might get a stripped Fusion for close to that, but it would not have ESC at that price.
jFritsch says:
"Paying $8000 to ride a Hyundai Limited (or few other cars, especially now) for the 1st 12 months is definitely not great, and you've done it whether you trade the car in 12 months or drive it for 10 years."
Admittedly Hyundai's resale value is much poorer than either Honda or Toyota, but this argument would mitigate against ever purchasing a new Hyundai as opposed to a new model of other two major Asian brands. As I'm sure all are aware, the best values can be had on 2-4 year old models which have been well cared for. This will almost always be cheaper (cost per mile driven) in the long run than buying new. So buying a new car is usually never the cheapest way to go.
I have been following this board for several weeks now since I am in the market for a 2009 Sonata Limited. What I am seeing are prices about $1000- $2000 under invoice. However there is presently a factory $2000 cash back deal ( plus $1500 more if you already own a Hyundai, which I don't) so the best negotiators out there are getting a $500-$1000 better deal at most ( a 2.5% to 5% advantage).
In a so-called recession "the worst since the great depression", deals on all cars should be much better than they are. In reality, the only true bargains out there are from the Big Three cars and they seem to be drying up as the Federal Govt. prepares to pump more of our dollars into these companies.
My point is that there are many more people out there who can afford to buy automobiles than the news stories would lead us to believe. Even though automobile sales are way down, the deals I'm reading about do not reflect this fact. Unlike real estate, this is NOT a runaway buyers market for cars!
With regard to buying a Hyundai Sonata Limited I4 for around $22,000 to $23,000 OTD, the closest comparably equipped Honda or Toyota would be at least $4,000 to $6,000 more.
Thank you for your patience. I have really enjoyed following these discussions.
William Walter
With regard to buying a Hyundai Sonata Limited I4 for around $22,000 to $23,000 OTD, the closest comparably equipped Honda or Toyota would be at least $4,000 to $6,000 more.
Thank you for your patience. I have really enjoyed following these discussionsMy point is that there are many more people out there who can afford to buy automobiles than the news stories would lead us to believe. Even though automobile sales are way down, the deals I'm reading about do not reflect this fact. Unlike real estate, this is NOT a runaway buyers market for cars!
With regard to buying a Hyundai Sonata Limited I4 for around $22,000 to $23,000 OTD, the closest comparably equipped Honda or Toyota would be at least $4,000 to $6,000 more.
Thank you for your patience. I have really enjoyed following these discussions
This is true to the market respect. A falloff for the big 3 have made sale prices of "foreign brands" not much less than regular times. Yes and the economy is being touted as the worst of all times to pass our illustrious Democrats boondoogle astronomical economic packages. Except for the banks, I don't think economic circumstances match the 1980-1982 period much less into the 1930's.
As noted Hyundai has actually seen an increase in sales, making it less likely to get a deal. Their usual payment schemes keeping sales going. There is very little difference in the 08-09 Sonata. Hyundai resale values remain miserable, only outclassed possibly temporarily by the Chevy Impala.
If your numbers are realistic (paying 4000 more than an equivalent Limited Sonata) one is probably at breakeven between the Sonata and the Toyota/Accord. Put the Altima 3.5 SE in there also as it is very nice. If not the numbers favor the higher end manufacturers.
In any event, a Hyundai is rarely an excellent deal over other "foreign" nameplates , even after paying or financing a few thousand more for the more popular vehicles. Only buy it if you really really dig it over the others.
One could definitely try to circumvent this by testing the claim that the used (in this case 08) Sonata can be bought in many areas retail from dealers for "trade in" book prices. Around 11000 for a GLS auto, Perhaps $13000 or so for a 08 limited I've seen enough asking prices in different areas from dealers over the last year or so that may substantiate this.
Happy Hunting
--jjf
That is not accurate. Here's some of the differences between the 2008 and 2009 Sonata:
* More powerful I4 and V6 engines
* Improved fuel economy
* 5-speed automatic transmission on I4 models
* Redesigned dash and interior (IMO much nicer dash than 2006-8)
* Standard aux input/USB port
* Revised suspension, with sport tuning (and steering) on SE
* Available factory nav on Limited
* Revised alloys on Limited
* Sport seats with leather/cloth on SE
* Restyled front end and taillamps
* Hyundai Assurance program available (on new 2009s).
And I've probably forgotten some things.
$11000 08 Hyundai Gls auto (msrp $20000) used (kbb.com)
$12000 08 Hyundai Limited V6 (msrp $27000) used (kbb.com)
Heck, there is very little that affects trade in between the $20000 GLS and the $27000 Limited ! :surprise:
Happy Huntin folks
--jjf
There is very little difference in the 08-09 Sonata.
That is not accurate. Here's some of the differences between the 2008 and 2009 Sonata:
* More powerful I4 and V6 engines
* Improved fuel economy
* 5-speed automatic transmission on I4 models
* Redesigned dash and interior (IMO much nicer dash than 2006-8)
* Standard aux input/USB port
* Revised suspension, with sport tuning (and steering) on SE
* Available factory nav on Limited
* Revised alloys on Limited
* Sport seats with leather/cloth on SE
* Restyled front end and taillamps
* Hyundai Assurance program available (on new 2009s).
And I've probably forgotten some things.
Since trade-in values aren't readily available for 2009s yet, that is hard to verify. But what can be verified is the market values for 2008s vs. similar 2009s, e.g. here are some local Twin Cities prices for GLS I4 ATs with moonroof:
2009s:
$16,888 - 16k miles
$16,388 - 21k
$15,788 - 23k
$14,993 - 24k
2008s:
$11,891 - 24k miles
$12,400 - 22k
$12,891 - 19k
Seems like a big difference in price for what is essentially, in your opinion, the same car.
Thanks for any help.
Oil Change $32.00
Tire rotation $30.00 to $40.00
So if you do this about ten times you get your money back. I hope the dealer is convenient and can do these things right away and you don't have to drop your car off and pick it up in the afternoon.
TMV for this car is 18766,including current rebate, taxes 1125. think their fees are about $200. Guess for our part of the country, that's about it. At that price, it doesn't seem like much of a bargain.
Haven't bought it yet but looks like rebate is going away today.
Thanks for any additional thoughts or advice. I really appreciate the help you've given.
The rebates could be less generous, but the way the industry is going I would expect any change in rebates to be more favorable to the buyer. Also, the 2010's will probably be out sometime around June, so that might also tend to increase the rebate.
There were 3 new GLS cars w/pop equip available: we chose one that had carpets plus mudflaps. Perhaps others can negotiate a lower price but the salesman said that's his standard internet sale price with no negotiating. They never mentioned the service plan that Oxmoor Hyundai in Louisville included as "fees" and they gave us an appointment for a free oil change. the finance mgr. went over the extended warranty options before we signed all the papers. No pressure, everything as promised, excellent communication from all. This was the best deal we could get in our area so certainly recommend this dealer. We liked the personnel and the low key, friendly atmosphere, too.
I'm a 29 y/o woman (budget-minded), I live in Piscataway, NJ and i'm trying to find a good Hyundai Dealer in my area. I don't want to have to travel too far to buy but will if the price is right! I've contacted Brad Benson for a quote & i was told that they don't email quotes...whatever! I'm trying to do thorough research but it's so overwhelming! At this point I think i've narrowed down my search to the following a 2008 Sonata SE (whatever the mid level one is). I'm 5'9 & I need something that will fit me, I hate little cars ( I used to have a 93 duster in College & grad school). I don't have kids to load into whatever I choose but I want to have space in the car for me. I don't drive to work, so that's not a concern at the moment.
Here are the things i'd like your advice on:
-Should I go with a New or Used Hyundai? What's the better deal in your opinion?
-Is certified used a good option?
-I'd like to know if you think that it'd be worth it to get a V6?
-How much did you pay for your Sonata (including taxes & fees)?
-Are there things that you recommend that I ask at the Dealerships?
-What dealership did you buy from, where should I avoid at all costs?
-If I buy out of state, do I pay for the state of purchase taxes & NJ taxes on it? Do you recommend buying out of state?
I'm open to all your suggestions!
Thank you for reading!
You'll have to make you own decision about "new" or "used."
Here's what I advice:
1. Decide about the exact year, model, trim and optional features you want.
2. Test-drive the car at any dealership. Tell them up front that you are not looking to buy today, but if you like the car you'll come back to the same salesman. Decide on the exact car you want.
3. Get email quotes from Brad Benson, Sansone (Rt-1 Avenel) and Global Auto Mall (Rt-22 North Plainfield) - using edmonds.com or cars.com. The other two gave me email quotes.
4. Ask the dealers to match each others' quotes for the Out The Door price (base + 7% sales tax + dest charge around $700 + DMV titling and registration and doc fees around $200)
4.5 Get financing BEFORE going to the dealership.
5. GO IN to Brad Benson and ask for the "Internet sales manager". Folks that do their research on the internet are perceived to be well-informed and it's easier to get a great deal that way.
6. Negotiate hard. Tell them you are ready to buy TODAY (and you should be). Talk about the out the door price and no other price. Tell them you'll walk out if they add a single fee to the negotiated price. Read up on edmonds.com, especially "confessions of a car salesman". Stick to your figure until the salesman brings in the sales manager. When you increase your price, do it in small increments, e.g. if you start from $20,000; say $20,200; $20,300; 20,350 - keep reducing the increment amount.
7. Your greatest asset will be your willingness to walk out if the price doesn't seem right. They will tell you that the price won't be available next time you come in - never mind. This is a bad time for dealerships and they will do whatever they can to sell cars.
8. Brad Benson is the third largest hyundai dealership in the country - that gives them more wiggle room to give you a good deal.
Regarding your other questions:
- I got a 4-cyl... this is a family sedan, not a hot rod. The mpg difference is negligible, but the V6 costs about $2000 more.
- DO NOT buy out of state. When you bring it in to NJ, you'll have to pay the sales tax difference anyway, plus you will have to go to the DMV yourself for titling and registration. If you get a new car, the dealer will take care of this for you.
Good luck!
Some who might want to check back on some prior posts will note from other posters that the Brad Benson dealership in NJ has less than a stellar reputation...they advertise so much (a large amount) off "sticker" price which is grossly inflated with dealer crap over the "MSRP".
But to each his own.
.
And, yes, we bought out of state (for us) and paid the appropriate CT sales tax. Towne Hyundai took care of all the paper work regarding title, registration, etc. Of course there was a fee for this, but that was spelled out ahead of time. The fee we paid for this probably included about $50 in addition to the actual title & registration fees, which included a temporary NJ registration until the CO, title and registration were processed by CT. So, in additon to the actual state fees, we paid about $50 extra for them to handle everything. The 50 bucks was nothing after saving about $3K compared to what local dealers wanted.
There was no "end of the month" BS, no "I've got to talk with the manager" BS, no game playing at all. It was a straight forward deal.
The price ws based on invoice "minus." The invoice was exactly as shown on Edmunds with no phony add-ons such as advertising. There was no ADM or regional adjustment.
am looking at the exact same car-- limited with navigation, 4 cylinder. if i could get $6900 off, I'd buy today in ohio or detroit michigan area.
I initially wanted a 4 cyl limited WITHOUT nav, but the only car this dealer had was WITH nav. To get the car off their lot, I guess they gave away the nav for pennies... YMMV. Good luck!
The car is a 2009 Sonata Limited PZEV with Option Group 5 (nav system), floor mats, mudguards and sunroof wind deflector. Add those options here: http://www.edmunds.com/new/2009/hyundai/sonata/100983414/optionsresults.html?act- ion=2
and we get MSRP as $26,750. Adding 7% NJ sales tax and $200 for DMV documentation, we get $28,822. I paid $21,500 out the door. 28822 - 21500 = $7322 off sticker. (take out the mudguards etc and slash the DMV doc fees, and you get my original figure of $6900)
I did my homework and had some luck, and that's all there is to it.
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does anyone know if the nav. can be hacked to play dvds while in drive?