No haggling at Huyndai?

They can put up whatever signs they want. Fact is if they want to make a sale then they'll have to deal. Email bomb, coming in with research and a ccc report, or simply making an offer will often result in a deal lower than msrp. Perhaps a single dealer may not be willing to deal but it means that they do well enough that they don't have to. But someone out there will be willing to strike a deal. You may just have to search or travel for it.

dec12 wrote: ↑ Went to a Huyndai dealership and saw "Market value" signs. Basically, no more "I got a great deal out of negotiating".

Just go back 3 - 4 months later and you tell the dealer the car has since depreciated a lot from my last visit, therefore, I am looking at the market value being 15% less than the sticker price since car depreciates a lot in the first year

Sure this is similar to the we need your trade in mail I get from dealers... apparently their used sock is running low.

When I bought my Sonata back in 2015 I just made multiple trips so they would remember who I was (test drove, asked questions, showed interest) came back with an unhaggled report showing the price I was comfortable with and negotiated it...So I think it's a matter of your approach and like others said, if they want to sell the car it doesn't matter what's indicated on the vehicle, they find a way to negotiate it

If you can haggle at Toyota, you can certainly haggle at Hyundai.

dec12 wrote: ↑ Went to a Huyndai dealership and saw "Market value" signs. Basically, no more "I got a great deal out of negotiating".

This policy won't last as customers will buy elsewhere.
Only the meek-minded population will feel comfortable with this stupid idea.

Did you notice whether their prices were lower than others?

http://www.kitchenerhyundai.com/market-value-pricing/

Of course it's a marketing tool, just as a Clearance sign at a department store is also a marketing tool, but were the prices better with "Market Value Pricing?"

But why...

TLSRULZ wrote: ↑ Sure this is similar to the we need your trade in mail I get from dealers... apparently their used sock is running low.

And yet, no matter how "low" their used vehicle stock is, they will still lowball you with an insulting offer for your trade in. Those flyers go straight to the blue box.

TLSRULZ wrote: ↑ Sure this is similar to the we need your trade in mail I get from dealers... apparently their used sock is running low.

"Let's get you out of your current vehicle (300hp, 6 MT hatchback) and into a new one (150hp, auto CUV)."

Yeah sounds good, let me think about it.

My mom wants a new Kona

I found out there’s $1200 profit built into the msrp based on a CCC report. Told my mom to offer their cost plus $600. Basically $27.2k for the 2.0L Preferred Trim FWD

I was hoping it’d be an easy sale for them (cash) but now I wonder if they’ll negotiate at all. My mom isn’t going to go to 100 different dealers to get the price she wants. Hmm....

dec12 wrote: ↑ Went to a Huyndai dealership and saw "Market value" signs. Basically, no more "I got a great deal out of negotiating".

Is this just a local dealer’s policy/approach? Or are you saying this is how Hyundai corporate is going across Canada in all their dealerships?

nasa25 wrote: ↑ My mom wants a new Kona

I found out there’s $1200 profit built into the msrp based on a CCC report. Told my mom to offer their cost plus $600. Basically $27.2k for the 2.0L Preferred Trim FWD

I was hoping it’d be an easy sale for them (cash) but now I wonder if they’ll negotiate at all. My mom isn’t going to go to 100 different dealers to get the price she wants. Hmm....

Just email a bunch and see who is game. No need to waste gas on a Hyundai.

Anikiri wrote: ↑ Just email a bunch and see who is game. No need to waste gas on a Hyundai.

True. Thanks

do you guys think 2.8% profit on a new Kona is reasonable?

I told my mom to offer invoice plus 2.8% ($600 profit on the trim she's looking at) and don't go any higher than invoice plus 3% ($647 profit)

Does that seem within reason? The MSRP builds in $1200 profit so I told her to split it with them....