Is this a good idea?

Sonata gets good reviews. Of course 0% is always better. Remember though, that the 0% is for UP TO 72 months. You can always find out what the payments would be for 60 months at 0% and if you can swing it then do that.

Keep in mind with both Huyndai and Kia. They have awesome warranties, but there is a hitch. You MUST perform the scheduled maintenance to keep the warranty. And it MUST be performed by a certified Huyndai technician. Nothing in life is free, including warranties, and this is how they recoup the money for the warranty they are "throwing in for free."

Good luck to you!

As long as you plan on driving until you own... Hyundai's are great cars, like the other gent mentions, resale is about 18% of MSRP after 4 years. Will be hard pressed I imagine to locate a 2007. End of the year, MOST of the 07's have been picked through. 2 different dealer ships I have worked at that keep about 200+ new cars in stock had maybe only 14 previous years models during the last week of the year so choices will be limited.

Buy a NEW 2007 Sonata.

You won't have to eat as much on the depreciation, you can deal tough, and the car will have less than average miles when resold (if you drive average miles) 3 years from now compared to other 3 year old cars, thus getting better resale value.

Buy it December 31st and the deal will even better. End of month, end of quarter AND end of year bonuses are on the line for both the salesperson and the dealership!

Hard to say...I think you're best bet is to do a little more research (I know you're probably pressed for time since you don't have a vehicle, but...)...

I've always heard that hyundais are not the greatest cars. My family has always owned either hondas or toyotas and they run for years and years literally!!! they have always proven to be worth it in the long run, used or new, especially hondas.

Also, will you really want to own a hyundai sonata for 6 years??? What would the trade in value be if you decided to purchase a new vehicle in a few years? All these things please consider...

I currently own a Nissan Sentra, and I think Nissans used or new are good as well, but not as good as Toyotas or Hondas.

if you are positive that you will like and keep the Hyundai for 72 months, that's a good deal. if your not sure, you should buy a used car with a good resale value because if you decide to get rid of the Hyundai , you will take a bath. resale is not very good.

If you like the sonata and can make the payments the 0% is better. Plus new car warrenty is better than used car.

I think they are offering $2500 cash back on the 07's but for only a short time. You may want to look into it. You may be able to get one for less then $20k

if its a good deal and you like the car then go for the deal