Purchase of a Sonata - Did we get a good deal?

We just purchased a 2004 Sonata from Dennis Hyundai in Columbus, OH. This
is the base model, 4cyl Automatic. The sticker was $17,400. After several
times back and forth between the sales rep and the manager, and finally
showing them the Edmunds.com printout I had that showed $16,208 as the "true
market value", we ended up with a purchase price of $15,732. After taking
off $2000 for rebates and $1000 for Hyundai customer loyalty (we have a
Santa Fe), we were looking at $12,732 + tax & title, ($13,815, total).

Does this sound like as good of a deal as I think it is? I guess I don't
trust my reading of the papers; I figure if they went that far below the
sticker, they're making it up somewhere. We didn't have a trade in, and
didn't buy any of the extra stuff (insurance, etc.) the dealer offered, so
if they did make it up somewhere else, I can't figure out where.

Any comments would be appreciated.

Mike O.

 

If you hit the www.edmunds.com price, then subtracted the rebates, you did
fine.

 

After I showed them the Edmunds sheet, they came back with about $500 below.
THEN subtracted the $3000 in rebates off of that.

This is the first time I've purchased a car using this kind of info, I'm
just suprised it seemed to work so well.

- Mike O.

 

Ka -Ching ! You did great , you ,must have spent time in a Turkish
bazaar like I did in order to learn how to haggle .


Mortech @ www.elantraxd.com

 

I bought a new, base model 2004 Sonata on April24th of this year. The
MSRP was $17,500 with automatic transmission, a cargo net and front
mud guards.

After the $3,000 in rebates and $1,300 dealer discount was deducted
the purchase price came to $13,200. I had to pay 6% sales tax plus
$125 in license and clerical fees for a driveaway price of $14,117.