I went out today with a friend to try to buy a new Hyundai. We went to 3
dealers including one that I have bought 2 Sonatas from in the last 5 years.
They are not dealing at all. They would basically take the list price
(sometimes the invoice) and subtract the rebate and try to sell it at that
price. No amount of haggling and counter offers could get them to budge. We
did get them to go down another $400 when working on a 2009 Elantra. We
went from 2010 Sonata, 2009 Sonata, 2010 Elantra to 2009 Elantra. They just
didn't want to sell at all. I am used to getting a least 2K plus rebate off
of the invoice. We stopped by a Toyota dealer and without any haggling he
got an offer to buy a Corolla cheaper than the Elantra. The Camry was
almost the same price as the Sonata. He's owned a Toyota before and I think
he's probably going to wind up with another one. I think they sold so many
cars during the cash for clunkers that they are not very hungry. They didn't
have very many 2009s left, the C4C pretty much cleaned them out. Has any
one else run across this problem, I'm wondering how long this is going to
last. If its permanent, I may have to look elsewhere for my next car.
Anyone got a good deal in the last couple months?
Does anyone know how the Manufactures' incentive (dealers payback) program
works? I figure that the dealers have already hit the numbers they need for
the max incentive payback for this year. Maybe it will reset at the
beginning of the next year.
At this point there are probably not a lot of '09s left. I bought an
Accent a month ago (just after the C4C nonsense ended) and got a very
good deal, although they had to get it from a dealer app 200 miles
away to find the car I wanted. Google Hyundai September Sales to see
how sales dropped (or not) compared to August. I think it is fair to
say that the dealers are still hungry for sales. What area of the
country are you in?
Check fitzmall.com. This is a fixed-price dealer, so you won't be
able to negotiate, but I send people here to get an idea of current
market prices. If you can beat their price, consider you've received
a good deal in the current market.
Right now, many dealers are low on stock after C4C, so they're careful
not to undervalue their product. Once supplies go back up, their
prices will come down.
Motorsforum.com is a website by car enthusiasts for car enthusiasts. It is not affiliated with any of the car or spare part manufacturers or car dealers discussed here.
All logos and trade names are the property of their respective owners.