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You ask if 2-month timeframe is enough to get your choice? depends what color & options; also differs what part of the country.
In my case I've been waiting for my order over 2 months and still nothing on the horizon.
and I would guess the better deals are to be had on existing stock, not ordering.
Makes it hard to negotiate. Just had a dealer tell me it's not worth their time to negotiate with me if i'm not willing to accept around $500 over MSRP, as they believe there are plenty of other customers who will. Based on inventories and other dealer responses, they're being honest.
Just wait... in time you'll regain the upper-hand. I'd wait for a year-2 model myself, let the bugs get worked out in the first year and save a bundle of cash. :shades:
Freeman at $18600+ttl, Dallas Hyundai at $18500+ttl, Eckert Hyundai at $18450+ttl.
will see if Freeman will match the best price since I am closer to them.
What would I expect to pay if I wanted a 2011 Sonata SE? How about if I added navigation and the sunroof to the SE?
And how easy is it for my local dealer to get a specific combination? I'm flexible, but the local dealer only has 1 SE, not equipped with navigation and sunroof.
I'm in Greater Nashville, but willing to go to other markets (Atlanta, Chicago) to purchase if that means substantial savings.
Does your price ($23,671) really include taxes and fees?
That means your sales price is around $21,000.
It's because I was about to close a deal on $24,000 w/o taxes and fees.
Please tell me your price does not include taxes and fees.
When I went on a test drive on Friday at the Hyundai dealer and asked about the SE with Nav/Sunroof, the sales guy said he had yet to see an SE with navigation and sunroof enter his store. I drove the only SE he had in stock. In addition to the SE, he had a pair of Limiteds (without navigation) and about half a dozen GLSs.
Does the $24,310 price include the floor mats and iPod cable? on Edmunds the SE with an MSRP of $26,050 includes the Navigation/Sunroof package, carpeted floor mats, and the iPod cable.
Since I haven't had a conversation with the dealer yet, I can't assume the $24,310 price includes the iPod cable and carpeted floor mats. If it does, great. If not, I'm not going to quibble over $135. I'm sure the dealer wouldn't let the deal walk out the door over it either. Based on Edmunds and Truecar, this is a pretty darn good price.
and $24,310 does look like a very good price. It's about $200 or so below invoice, per Edmunds.
And no, you won't necessarily have the same problem now. It is common for automakers to have more bugs early in a model-run, working them out with each passing month.
36 month lease/12K miles
MSRP = 26150
Negotiated Price = 23350
Total Paid at Signing $1950 (includes 1st pmt, Acq fee, & TTT)
Monthly Payment = $300.66
Residual Value = 58%
Money Factor = .00095
23945 Cap Cost (23350 Neg price + 595 Acquisition fee)
15167 Residual Value
10115.64 Total Pmts
Someone suggested that he got quotes around 18,500 for an automatic GLS with floor mats and the ipod cable (msrp 21,050). I have seen money factor of .00048 with residual of 59% or 60% for a 36/36000 lease. Combining those and using the 59% residual, i get a pre-tax number of 183.74/mo plus TTL. Does anyone believe I can get that type of deal (in Ohio)?
If I don't do this, I may end up with an automatic Accord around 219/mo but without the bluetooth or satellite. I know my son would prefer the Sonata. Please let me know your thoughts. Thanks.
Does the $219 include TTL while the $184 does not?
How much are you estimating the TTL to be?
If you paid the acq fee (595) upfront, why was it part of the cap. cost?
18500 is not realistic on this desirable car. I'd be surprised if you got it for 19.0 but 19.4 is realistic. check truecar.com and click on the table view.
Beware the Ohio doc fee of $250 which many say is mandatory when it is a MAXIMUM set by statute. FWIW, I am also cross-shopping the accord and sonata in Ohio. I like the sonata better but the accord has better lease terms. Also, hyundai has a $400 disposition fee while Honda does not...
Q21:
How much can a seller entering into a retail installment contract charge a customer for the preparation of documents?
A21:
On June 30, 2006, an amendment to section 1317.07 of the Revised Code, which governs retail installment contracts, took effect. That section now provides that a seller entering into a retail installment contract can charge a fee of up to two hundred fifty dollars ($250) for preparation of documents related to the sale. Previously, the maximum fee that could be charged for document preparation was one hundred dollars. As a result of the amendment, motor vehicle dealers selling motor vehicles to customers under retail installment contracts can charge the customer this two hundred fifty dollar document preparation fee in addition to other fees associated with the sale of the vehicle (taxes, registration fees, etc.). It is important to note that the dealership is not required to charge the document preparation fee.
The Department of Public Safety, Bureau of Motor Vehicles did not play any role in the adoption of the amendment to section 1317.07, and receives no portion of the document preparation fee. Instead, the fee is retained by the motor vehicle dealer.
http://bmv.ohio.gov/dealer_licensing/dealer-faq.htm#A21
If you really want cheap, buy a used 2009 Sonata for $12k.
versus Hyundai sonata GLS w/PEP1 (msrp 21800)
Residuals both at 60% (April)
Money factor hyundai .00048 / honda .00127
Dealer cash: honda 1200; hyundai 1000 (not advertised but in effect)
Discount from MSRP: accord is discounted more from MSRP than sonata
Accord is 35 payments while Sonata is 36
Honda has zero disposition fee while hyundai's is $400
IMO, both are excellent lease deals this month.
That's pretty general without mileage and options (I realize you're probably talking GLS but there's also the PEP levels). I'm not finding anything below $13,500 for less than 20K miles and this is after a little negotiation. This is in the Michigan, Ohio, Indiana, Illinois region.
I probably AM overthinking this decision and would like to get it over with. It's the darn accountant in me.
If he came back with $18,100, I think I would bite. Thanks...
I got my best offer by using Cars.Overstock.com for pricing leverage. It wasn't as low as I was comfortably paying, but I did get an offer of $17.1k out the door in Columbus, GA. That is $16,300 + tax, for a silver auto with PEP.
Good luck!
I'm already compromising as my biggest need is MPG so my initial search was for an Elantra or Corolla. She, like yours, wanted slightly more room with one consideration being her failing knees and getting in/out of the vehicle. So, with research I found the Sonata is really good for MPG among the "mid-size" segment. Maroon, Black, Grey, or light Blue would also be fine with me and allow for more options.
Oh man, you really want to confuse things. I don't have to cater to her EVERY need now, the welts from the rolling pin heal eventually. The Tucson idea isn't totally off the wall and it looks like a nice vehicle with similar MPG to the Sonata but Edmunds says over $20,000 before tax/title/fees and my entire purchase really has to be below $18,000. Would be a nice used option if it were about a year from now and there were more 2010's available.
Can I get an opinion on this: Sonata 2009 GLS I4 Auto w/sunroof (must be Convenience Package 2?), Certified w/29K miles asking $14,500.
Yes, it was a rental according to CarFax. Is that a big negative? I've always been pretty careful with rentals to avoid having to deal with damage issues but I guess folks probably drive them harder. I purchased a Plymouth van 11 years ago that was a rental for 19,000 miles beforehand and have been pretty pleased. Is the "Certified" status all that great an advantage?
Thanks much for the advice!
The fact that it is certified is good for the 100k mile warranty, but the inspection is something that a good mechanic will do for, say, $75.
Please take my comments with a grain of salt; I'm just sharing my opinion of what I've learned from others.
2010 Hyundai Sonata GLS Auto
MSRP: $20,770
Dealer Discount: $1,823
Rebate: $2,500
Internet Price: $16,447 + Fees
IMO, not a good deal. Minimum 5000 off msrp on a 2010 now that the 2011's are out and popular. GLS autos are a dime a dozen and will be worth less than 14k the second you drive it off the lot! just my .02
FWIW, the real deals were on the 2010 Limited's back in Feb but they are long gone...
check truecar.com for your zip code and see what price is available; it's a great site