tango_28
Veteran Member
Pulled the trigger on the 2016 Hyundai Sonata Hybrid Limited with the Ultimate package, out the door $27155. out the door including licence plates.
Thanks for this example. This is very helpful. Do you know if the same calculations apply for both 2016 and 2017s? And based on how I read it, the discounts (Hyundai corporate [3% + 1250 + $1000] + Hyundai Dealer's discounts) are applied to the invoice, is that correct? Or should they be applied to the MSRP?Kind of odd. Either they had one heck of a price on it to begin with or...?
The VW deal works like this...You start at MSRP. Calculate what 3% of that is. Then find out dealer invoice is. To that, you have to add destination charges and advertising cost (don't know what that is, but they do, and I think destination is around $800ish). Then subtract the 3% figure you came out with above. Then subtract the V-plan cash amount ($1250). After that, you can subtract the cash off deal they are doing this month ($2000 off of 2017 cars or $4000 off of 2016 cars). You can then subtract the competitor's car discount, which is $1000 this month.
When looking at Hyundai's, I found dealer's advertising prices all over the place. In some cases, they included destination, some not (though you know you would end up paying it in the end). Some included the Hyundai cash discounts. Some advertised military discounts in their pricing (which you would only qualify for if you were active military), etc. In my case, when the business mgr at the dealership figured the pricing with the VW package, it came in around $1500 lower than the lowest price he could do otherwise, including their various dealer discount pricing options. It might actually be better than that, if his "best" price without the VW deal, included the destination charge or it was added to it after...not sure as I didn't ask him.
Thank you! With this information the numbers the dealer gave made sense. The numbers with the VW deal do seem better. They didnt ask me for the VIN but asked me for an address and said they needed it to get a certificate generated out of Hyundai corporate.To answer a couple of questions:
The dealer won't give you their dealer discount plus the VW special deal. As I mentioned earlier and was quoted above, the special pricing for VW owners starts at MSRP. Most dealers have their own internal discounting schemes. The dealer we did business with calculated it both ways for me. I came out better with the VW deal, so that's the way they priced it.
In addition, there are some other Hyundai discounts that were stacked on top...the 1k for owners of competing brands and the 4k off of 2016 model year cars were added to my discount. These deals change monthly, so it might be different now.
Proof that they asked for was the Vin# of our VW, so they could run it. I think I also brought them a copy of the title or registration, so they could copy it.