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How Much Should I Pay: 2008 Hyundai Sonata (Updated)

This Is An Update To A Previous Question

Follow Up Comment: I posted the previous thread on Sonata and found another seller of the same car.

Need some advice on the Hyundai. I carfaxed with the vin # the owner provided and this is what it shows. This was a rental car and then sold to a private owner who is trying to make some money. It has 12,000 miles and brought him down to $11,750. btw does this car have a lien on it because if you scroll down it says lien or load reported. Should I be cautious on this car and any advice on anything. Thanks and also should I bargain him more.

2008 HYUNDAI SONATA GLS
SEDAN 4 DR
2.4L L4 MPI DOHC 16V / FRONT WHEEL DRIVE

# This vehicle qualifies for the CARFAX Buyback Guarantee
# The last reported odometer reading was 10,338

No accident nor other issues reported!

Owner One
Purchased: 2007
Type: Rental
Where: Wisconsin
Est. miles/year: —
Est. length owned: 8/29/07 - 4/15/08
(7 months)

Date: Mileage: Source: Comments:
08/29/2007 8 Wisconsin
Motor Vehicle Dept.
Milwaukee, WI
Title #07241T4900494 Title issued or updated
Registration issued or renewed
First owner reported
Registered as
rental vehicle
(major car rental company)
Loan or lien reported
Registered as lease vehicle
Vehicle color noted as Silver

04/15/2008 10,338 Auto Auction Sold at auction
in Illinois
Listed as a fleet vehicle

05/20/2008 Hyundai Motor America No recalls open for repair

MuscleCarGuy: Hi Dan. It is a little risky to buy a rental car because you know that people don’t usually drive the cars carefully. It is a good idea to have a mechanic to check the vehicle to make sure that there are no problems with the car. The loan reported on Carfax is for the previous owner, everything should be fine if the guy that is selling the car has the title on hand.

For a 2008 Hyundai Sonata 4C GLS with 12,000 miles, prices range from $13,850 (being in above average condition) to $12,850 (being in average condition) and $11,850 (being in below average condition). A dealership will usually aim to sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $13,250 to 15,400.

With the prices above we can see that the asking price for the 2008 Hyundai Sonata that you are looking for is good. Below are some prices that No-Haggle dealers are selling the new 2009 Hyundai Sonata.

For a 2009 Hyundai Sonata GLS 4dr Sedan (2.4L 4cyl 5A),

The Biggest Percentage Off MSRP Price: $15,863.00
MSRP: $20,085.00
ePrice: $15,863.00
Savings: $4,222.00
% OFF MSRP: 21.02 %

2nd Biggest Percentage Off MSRP Price: $15,955.00
MSRP: $20,135.00
ePrice: $15,955.00
Savings: $4,180.00
% OFF MSRP: 20.76 %

How do you apply these prices?

Print out all the blue links and take them to your local Hyundai dealerships. But before you go, we highly recommend you call and make an appointment to see the Internet Sales/Fleet Manager because he/she should know exactly what you’re talking about. Avoid the floor salesmen, head straight to the Internet Sales Manager.

If they don’t believe your prices, ask to use one of their computers so they can see where these figures came from. It’ll be impossible for them to doubt you because you’re pulling up a Hyundai dealership’s website and checking their inventory. Remember, cars are a commodity so these prices apply everywhere in the U.S. This car in New York should cost the same in Texas. The taxes vary by state.

Here’s the 2009 Hyundai Sonata Crash Test & Rollover Results. If you want to research more Hyundai Sonata prices, poke around on www.autobrag.com. Keep us posted with how everything goes.



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