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Eric G.
Spent about 4 hours at the dealer yesterday and traded in my 2006 Sonata
GLS V6 for a 2010 Sonata SE V6. My payment went up only $4/month. I
gained 17" wheels and tires, XM radio (and a much better sound system
overall) and a much improved dash. This car feels much faster than my old
one, although I haven't yet done any formal testing and won't until after I
break it in.
My 2006 (purchased in September, 2005) had 58,900 miles on it. They gave
me $8200 for it, which I thought was pretty fair. That gave me over $3500
in equity towards the new car. With $1500 in rebates and some serious
negotiating, I think I made a pretty good deal.
Although I should add that this was a 66-month loan instead of my original
60-month.
I am told the sales tax is deductible on my federal taxes this year. That
was about $1400 or so. Not enough to push someone into buying if they
weren't really ready in advance.
Eric
GLS V6 for a 2010 Sonata SE V6. My payment went up only $4/month. I
gained 17" wheels and tires, XM radio (and a much better sound system
overall) and a much improved dash. This car feels much faster than my old
one, although I haven't yet done any formal testing and won't until after I
break it in.
My 2006 (purchased in September, 2005) had 58,900 miles on it. They gave
me $8200 for it, which I thought was pretty fair. That gave me over $3500
in equity towards the new car. With $1500 in rebates and some serious
negotiating, I think I made a pretty good deal.
Although I should add that this was a 66-month loan instead of my original
60-month.
I am told the sales tax is deductible on my federal taxes this year. That
was about $1400 or so. Not enough to push someone into buying if they
weren't really ready in advance.
Eric