Please feel free to critique... ;-) I've already criticzed myself a bit. ;-)
SO, first the essentails:
New 2006 Sonata GL, (V4), Automatic
With Floormats.
Added the Hyundai Extended Warranty Plan 10/100 "bumper-to-bumper".
No trade-in involved.
Purchased Sept 02 in Pasadena, CA. (Team Hyundai)
Price of Car: 17681.93
Doc Fee: $45.00 (*junk fee / extra profit -- in california, this is the legal max)
Sales Tax: 1477.32 (California 8.25%)
DMV Electronic ..
...Filing Fee $28.00 (* a new junk non-mandatory fee as far as I can tell)
Service Contract $750.00 (Factory Extended Warr, but I overpaid on this -- my goof!)
Lisc Fee: 116.00 (Legit CA DMV fee)
Reg/Title/Xfr Fees: 63.00 (ditto)
Calif Tire Fee 8.75 (semi-legit fee)
Rebates Applied $-2000.00 ($1500 current rebate + $500 loyalty)
Out the door cost: $18250.00 (brought my own financing)
=========
I'll add a latter post to analyze the good and bad in my deal. One thing I screwed up on was immediately saying (in the Finance Office) I would pay only $750 for Hyundai's Factory Extended warranty... I meant to say $550. Since she instantly agreed, I just did not feel right saying, no I meant...... and I can always cancel it in a few days if I still am feeling dumb about that. But let that be a lesson to those of you paying $1200 (or $1800, or $2200) ... this is a HUGE profit maker.
Ignore that part, and I think I did good.... but I coulda done a bit better. More to come, but, I'll take early feedback.
Just one quick piece of advice. Know both your "top line" (i.e., price of car + accessories) as well as bottom line cost (cost of car + all legallly reguired taxes and fees (not junk fees.) )
You can't be exact, but for this car, and in my state (and county), it's pretty simple to calculate:
Price of car * 1.0890 + $75 = close approximation of Final price before rebates.
1.0890 reprsents .0875 (8.25% sales tax for my area) plus (.0065 .65%) for the VLF.
$75 is the approximate amount of "other" Goverment fees. (We are NOT factoring in junk fees.)
The California DMV has a calculator on their website that makes this very easy to figure out, if you reverse the math a bit.
Ok, gotta get back to "real" work for now, but I'll get into the negotiations in a bit.
Talk amoung yourselves...
d.
SO, first the essentails:
New 2006 Sonata GL, (V4), Automatic
With Floormats.
Added the Hyundai Extended Warranty Plan 10/100 "bumper-to-bumper".
No trade-in involved.
Purchased Sept 02 in Pasadena, CA. (Team Hyundai)
Price of Car: 17681.93
Doc Fee: $45.00 (*junk fee / extra profit -- in california, this is the legal max)
Sales Tax: 1477.32 (California 8.25%)
DMV Electronic ..
...Filing Fee $28.00 (* a new junk non-mandatory fee as far as I can tell)
Service Contract $750.00 (Factory Extended Warr, but I overpaid on this -- my goof!)
Lisc Fee: 116.00 (Legit CA DMV fee)
Reg/Title/Xfr Fees: 63.00 (ditto)
Calif Tire Fee 8.75 (semi-legit fee)
Rebates Applied $-2000.00 ($1500 current rebate + $500 loyalty)
Out the door cost: $18250.00 (brought my own financing)
=========
I'll add a latter post to analyze the good and bad in my deal. One thing I screwed up on was immediately saying (in the Finance Office) I would pay only $750 for Hyundai's Factory Extended warranty... I meant to say $550. Since she instantly agreed, I just did not feel right saying, no I meant...... and I can always cancel it in a few days if I still am feeling dumb about that. But let that be a lesson to those of you paying $1200 (or $1800, or $2200) ... this is a HUGE profit maker.
Ignore that part, and I think I did good.... but I coulda done a bit better. More to come, but, I'll take early feedback.
Just one quick piece of advice. Know both your "top line" (i.e., price of car + accessories) as well as bottom line cost (cost of car + all legallly reguired taxes and fees (not junk fees.) )
You can't be exact, but for this car, and in my state (and county), it's pretty simple to calculate:
Price of car * 1.0890 + $75 = close approximation of Final price before rebates.
1.0890 reprsents .0875 (8.25% sales tax for my area) plus (.0065 .65%) for the VLF.
$75 is the approximate amount of "other" Goverment fees. (We are NOT factoring in junk fees.)
The California DMV has a calculator on their website that makes this very easy to figure out, if you reverse the math a bit.
Ok, gotta get back to "real" work for now, but I'll get into the negotiations in a bit.
Talk amoung yourselves...
d.