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Hyundai Elantra, Sedan
#4780 of 5565 Pay for 2006 Elantra Before Delivery?
Feb 24, 2006 (3:03 pm)
I'm in the last stages of getting a 2006 Hyundai Elantra GLS Sedan. I'm going to talk with the financing dept. this Saturday, and if everything checks out ok, I should then receive the car within 1-2 weeks. The dealer is selling the car at invoice pricing for everything, as I have a friend who's a Hyundai dealer in California. He's also giving me a pretty good deal on my 1997 Ford Escort LX Sedan ($1750) as a trade-in.
I have some questions about something that the dealer is asking for me to do, and I was hoping that I could get some advice on this. The dealer told me on Monday that the car, which was supposed to have shipped a couple of weeks ago and was to arrive by 2/28, didn't ship until yesterday. The dealer doesn't know where it's at, and he can't give me an estimated date/time of delivery for this car.
So he's asked for me to sign the papers for the car before I actually take the car. I understand that this is because he needs to get this sale in before the end of the month to earn money on it. But I feel really uneasy about signing for a car when I haven't had a check to see, inspect, and test-drive the car before I take it home. I also don't want to lose 1-2 weeks of my loan's grace period when I don't have the car. So here are my questions:
1) Are my feelings are understandable or unreasonable?
2) Is what is being requested of me is taking it a bit too far, or is a normal way of doing business?
3) Is there a way for me to sign something that gives the dealer credit for selling me the car before 2/28 without me signing paperwork concerning payment of the car?
4) If there's not a way to do #3, then what about me borrowing a comparible 2006 Elantra with a dealer tag until the car arrives. Would that be an unreasonable request?
Ok, that's it. Again, I'd really appreciate some good advice on this issue. Thanks.
#4781 of 5565 Re: Pay for 2006 Elantra Before Delivery? [kathyw105]
Feb 24, 2006 (4:36 pm)
Personally I would not sign papers for a car I had not seen and driven, and which I can't drive home right away (or at least the next day). The farthest I would go is to agree to a deposit (maybe $500, using a credit card vs. cash) which would be fully refundable if I did not like the car for any reason. I did that in the fall of 2000 on an Elantra, and the dealer could not tell me what color the car would be. When the car showed up it was not a color I wanted, and I pulled out of the deal with no problem.
If you decide to go through with this, then for sure I would demand the free loaner if I were you, since you are in fact buying the car and starting to pay for it as of 2/28.
FWIW, I've never had a dealer even suggest that I sign papers for a car 1-2 weeks before it arrives. A deposit is pretty common in my experience, though.
#4782 of 5565 Re: Pay for 2006 Elantra Before Delivery? [backy]
Feb 24, 2006 (6:05 pm)
Thanks for your input. That really helps me to get my mind straight for the big financing talk tomorrow. I'm already pre-approved through a local credit union at 6%, but I thought I'd see if they can get me a lower rate.
I would hope that a deposit would be a way for the specific dealer to get credit for selling the car in February. I'll give him the option of taking a fully-refundable deposit until the car arrives, or lending me out a comparible car until mine arrives.
I got some great news this evening. Two dealerships offered me $2000 for my car, and they offered to buy it directly from the Hyundai dealer so that I get the tax benefits of a trade-in. What a great night!
Thanks again for your advice...I really appreciate it!
#4783 of 5565 Re: Pay for 2006 Elantra Before Delivery? [kathyw105]
Feb 24, 2006 (10:08 pm)
Good luck. I have this feeling that the dealer will not get credit for a sale just because you put down a deposit--which is why they asked for the papers to be signed this month.
#4784 of 5565 Re: Pay for 2006 Elantra Before Delivery? [kathyw105]
Feb 25, 2006 (12:51 pm)
not to mention there isn't a finance institution around that is going to give the dealer a dime without a VIN, and I suspect if they don't know where the car is or when it will show up they don't have a legit VIN either.
Tell the dealer thanks, but no. As another poster indicated, Hyundai isn't going to credit a sale on a vehicle that hasn't been delivered.
#4785 of 5565 Re: Scheduled Maintenance [latham]
Feb 26, 2006 (6:46 am)
since 2002 our family has owned 6 hyundais. we have never followed the service schedule on any of the cars. we have the oil and filter changed every 3,000 miles. Part of the oil changes is they inspect the car and let you know what else is needed (costs alot less than requesting the scheduled service. we have had no problem with warranty work. some of the thing we had repaired under warranty were the wiring harness, replaced warped rotors (48,000 miles) we have a great dealer so we are probably lucky (we did not buy all our cars from them. we put between 25,000-30,000 miles on the car each year- no extended warranty either.
#4786 of 5565 Re: Scheduled Maintenance [njdevil1]
Feb 26, 2006 (4:09 pm)
that's great news. i have a 2002 elantra,and i have never had the schedualed services,just oil changes every 3000 miles. tires rotated at sears,where i purchased them. i was wondering,have you had your timing belt replaced after 60000 miles? ....
#4787 of 5565 Re: Scheduled Maintenance [don1]
Feb 27, 2006 (6:47 am)
2000 Elantra wagon here, only non routine maintenice in over 130K miles was changing a sensor (at 131,500 miles). My timing belt made 120K (although its not recommended).
#4788 of 5565 Pro and con from current owners?
Feb 27, 2006 (7:24 am)
My Subaru wagon is finally dying, and to replace it I'm debating between an Elantra, a Mazda3, or a Scion xA. I would prefer getting a used vehicle to avoid the first year depreciation, and I'm seeing a LOT of Elantras on Carmax.com. Any ideas why a lot of people are unloading recently-purchased, low mileage Elantras? What do you like/dislike about your Elantra? High on my list are manual transmission, high MPG, reliability, and airbags/structural safety.
Another question: are Hyundai warranties transferable? In my opinion the Hyundai 10/100K warranty is one of the best features, so it would be dumb to buy used instead of new if the warranty is void.
#4789 of 5565 More pro and con
Feb 27, 2006 (8:34 am)
Forgot to ask this: How similar is the Elantra to the Kia Spectra? Is it simply rebadged? Anything that would make the Elantra a better buy over the Spectra, or vice versa?