How much did you pay?

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I am presently considering buying a 2007 Sonata GLS 4 cyl Automatic. I have been to Edmunds web pages looking up the prices and features.
I have also watched the dealer ads in the paper very closely. However
the ads in the paper are probably meanlingless when the small print says "1 at this price" If they can sell one at that price why can they not sell more at that price? It has got to be a come-on.
So, I would be interested in what price others have bought the same make and model for.
Old_Timer
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<Old_Timer> wrote in message

I just bought a Sonata Limited. Sticker was 25,300 with the option package. Dealer took $750 off, rebate was $500 plus 2.9% financing, plus they put in a remote starter, the cargo net, plus gave my wife a $100 gift card to Wal Mart.
The option package is of questionable value. The sunroof is $900 alone. Do I need one? Doubt it. I've opened it twice but saw no reason to keep it open. When driving, I can't see out of it anyway. That means I paid $850 for the upgraded radio. Worth it? Again, questionable. It is nice to have the 6 CD changer, it is nice to have Mp3 capability, the Infinity speakers sound great, but I can live without them too. I'd say it is worth $300 to me.
Of course, you are asking if that is questionable stuff, why did you buy it? There was not another 07 Sonata Limited around that did not have it that I liked; it was the only Silver Blue at any dealer. It may help the resale value if I do trade it later instead of keeping it for 10 to 15 years like I often do. My wife likes the sunroof.
One more thing. After making "the deal" they tried to sell me all sorts of added value stuff. Four different Simonize packages, Lo Jack, Gap insurance, life insurance. I could have easily spent another $3000. The salesperson I had was new and this was her first sale. She was fired at the end of the day.
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Edwin, no offense whatsoever, but you got soaked on that deal. I was just 30 seconds away from signing a deal on the '07 Limited with the option package on 9/28. My deal, after rebates, would have been $20,200, plus tax and tags. And I really didn't even negotiate much. I just could not pull the trigger :-)
Back to the OP, with my latest research from several different sources, my personal opinion is that you can get the GLS with an auto for in the $16,000 range. Go to Consumer Reports web site and pay the $14 for the new car report. They will show you the bottom line. Even at that price, the dealer still makes a decent profit on the car. If you push hard enough, and you go near or at the end of the month, you will get that price. It WILL take some negotiating work, but you WILL get it.
Eric
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Maybe I could have done better, but get back to me when you have a SIGNED contract. Often the lowball is just step one in the sales procedure.
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I bought a 2007 Sonata V6 Limited loaded with the Ultimate Package. I paid $20,770 which was a steal as the car had an MSRP of $25,595.00.
I think I caught them on a good day to buy a car!
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My fiance' purchased a Sonata Limited V6 with the option packages (moonroof, high end audio system, etc.). I think sticker was something between 25 and 26K. She had an eleven year old Mercury junker that was not in very good shape for trade. Basically, a wholesale-out vehicle that she did not dare sell to a private party.
The walk out price (incl. tax, title, fees, etc.) was $21,465 (and that was including the rebate which came off the top). I felt we might have been able to a little better although that old Merc did not help matters much.
The salesman was the most well versed and knowledgeable person I've ever met in a showroom. He was also very, very nice. Since the deal we offered was close to what he came back with she decided to forego the games and buy it (of course the price of the Milan and Camry were still fresh in her head and she knew this car ran circles over these others that she had been interested in).
Was this a great deal? Probably not but it was a good one for what we got and how we were treated - hell, the Mercury Milan guy did not even open the hood for us!
MARTY
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shortspark wrote:

Is the $21,465 figure the difference after your trade-in was included? Or did they credit your trade against that price?
Matt
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The figure of $21,465 was after everything was said and done - the bottom line. It included the trade-in value (which was not much but we knew this going in but they offered us only $141 less then we were asking for it), the discount we wanted on the new car (almost the figure we put on paper for the salesman), the rebate, tax, title, fees. It was the OD (out door) price.
MARTY
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So it sounds like my out the door price of $22, 196 was pretty darn good considering I had no trade.
I'm happy!
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On Wed, 11 Oct 2006 15:36:28 -0400, "cableguy3"

Wow! Prices have gone up! I bought Sonata XL 2003 V6 fully loaded - the works! I paid $18, 600, out the door, no trade-in, and no Interest on a 3 year loan from the Hyundai Company. Just completed my last payment in August
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As long as you are happy, that's what is important. Consumer Reports said you should have paid $19,720 plus tax and tags. With 7% sales tax here in NJ that would just a hair over $21K plus tags and BS like doc fees. That runs about $400 here in NJ, so figure $21,400 or so. Certainly not a bad deal, but not great.
Eric
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Eric, no way you are going to buy a fully loaded 2007 V6 Sonata Limited with an Ultimate Package for $19,720.
If you take dealer invoice and subtract a $1500 rebate and all dealer hold-back monies, you can't even get close to your number. I don't think we're comparing apples to apples my friend.
My car has a dealer invoice of $23,479 and that includes the Powder White Pearl premium paint color I have and the carpeted floor mats and mud guards front and rear.
$23,479 - $1500 rebate - $800 hold-back money = $21,179 and I got an additional $409 off of that to get to $20,770.
Help me understand where I'm going wrong because to get where you are stating, the rebate would have to be an additional $1000 for a total of $2500???
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What you are calling the "Dealer Invoice" is the MSRP sticker price, right? That is not the dealer invoice.
Consumer Reports shows the MSRP as $23.595 (not including the paint) It also shows the Dealer Invoice as $21,652 (inlcuding destination) It shows the dealer holdback as $421 for a bottom line price of $21,231.
$21,231 less the $1500 rebate = $19,731
You paid at least $1000 more than you could have. Personally, I have never paid more than the Consumer Reports bottom line price (OK, on the Entourage I bought I paid $75 more), and usually I can even get $500-$1000 BELOW that price.
And for what it is worth, the MSRP is a joke. Even the Dealer Invoice price still has coniderable markup in it, but most dealers consider that the absolute minimum they will consider to make a decent profit.
But, if you play your cards right, and show up with the Consumer Reports printout, and some time to kill, you can usually convince them to go even lower because you know what, they will make the profit on the next sucker that comes along.
Again, I'm not saying you got a bad deal...you probably still did better than 90% of the people that will buy a limited...and you said you were happy, but I am sure I could do better given the time and energy to fight.
And the best adivce I can give ANYONE who reads this is to spend the $14 at Consumer Reports to get a new car buying report. They have literally saved me thousands and thousands over the last few years.
Eric
P.S. I would be happy to email you (or post to the group here) a copy of the report I am quoting from.
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Um, cancel this whole thread and take me over to Starbucks for some REAL coffee.
I didn't realize (or read properly) that you got it fully loaded. The "ultimate" option package adds (at dealer price) $1575 to the total cost.
So it would seem that you got the car for actually a few hundred LESS than Consumer Reports bottom line.
GOOD JOB!! And sorry for my mistake.
Eric
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No problem Eric. I thought I did pretty well but you made me begin to question myself thinking I was looking at this wrong.
Hope you got the Starbucks my friend!
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LOL. Truthfully I hate Starbucks coffee. It may sound even stranger, but McDonald's coffee is my favorite. But when you really need a jolt, the Starbucks seem to do it for me.
Eric
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On Thu, 12 Oct 2006 17:22:47 GMT, "Eric G."

with all options, for $100 less than what the Report suggested!
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cableguy3 wrote:

Where did you get the "dealer invoice" price from?
Matt
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shortspark wrote:

That sounds a little high, at least compared to what they were asking when I bought mine in December of last year, but a lot depends on your location as well.
Matt
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Well I guess I'll throw my 2 cents in, I bought my XG350L Brand new in August 2005 and paid 21,760 out the door includeing tax a full tank of gas, Desert Protection, a factory wind deflector for the sunroof and what they called an interior package which contained a sunscreen for windsheild a dash cover and a sterring wheel cover, and free car washes for life ( dont know if its for life of the car or me which ever comes 1st ) Did I get a good deal or did I pay to much ?
']['unes " I Love my Hyunny "

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