Last post on May 18, 2013 at 9:34 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Hyundai Elantra, Hatchback, Sedan
#2199 of 4420 Re: 2007 Hyundai Elantra SE w/ XM [butterflytiff]
Sep 21, 2007 (5:20 pm)
Hey, just wanted to say your making a good choice. My wife loves her 07 Elantra.
As for the price I got her... she traded in her 1997 Saturn(bucket), which was virtually worthless to the dealer. But they are advertising(im sure you've seen the ads) 4,000 off any trade in no matter what the condition. Of course there's a catch, but you can use this as leverage when getting a good deal.
If you dont have a trade in, I still think you can manage 15,600. How many times have you been back to the dealership? One trick I think works good is to go at night around 7:30, 8(they close at 9) This will make them work harder because they dont have a lot of time to screw you around, and they want to make the deal and get home already. Just be willing to be in there late(I didnt leave until close to 11).
Here are a few tips:
1. They are not your friends, so don't go for the "your stealing the car from me" bit. They can afford to take a hit, and you can't!
2. Make them tell you no, again and again until you leave. They will act like they cant budge on a price, and when you express your absolute unmovableness, they will come better.
3. Once you set your OTD price, make sure they honor that to the tee. I made my Finance Manager change the paperwork 3 times because the numbers the salesman quoted me kept creeping up on the paperwork. If they say 15,800 OTD make sure its that and not a penny more. They can move the numbers around and make it work. Dont take no for an answer.
4. They include window etching for like $300 on your invoice, so use this as a bargaining tool as well. If they dont take this off, then make them throw in mud guards (appr.$75), cargo tray(appr.$80), window rain gaurds (appr.$80), or maybe an automatic starter, whatever you like and think will justify this $300.
I wish I would have had someone to help me through my first two Hyundai purchases so its my pleasure to reach back and try and make your experience as good as mine. Nothing feels better than getting what you want, at a great price.
#2200 of 4420 Re: 2007 Hyundai Elantra SE w/ XM [effect18]
Sep 22, 2007 (5:25 am)
I am glad I got them down to 16100 OTD - would be nice if I could get another couple of hundred. Will definitely look into the added fees. This would make a huge difference to me since my original goal was only to spend 1200OTD and was going to go w/ a used car but then fell in love with this one when I rented it from Enterprise.
I haven't actually been to the dealership - everything was done over the phone and email. And as much as I want the car - I am prepared to walk away if anything seems hinky to me.
I am apparently a sucker for a great car - and a PRETTY car. So happy this dealer had this one on the lot. And happy I have options.
Hudson Hyundai called me last night and said that if this doesn't work out for me - they try to switch the numbers etc. that they will be more than happy to sell me my car - but that they hope it works out for me. They really are nice.
I am going over soon to Maxon (w/ a relative) so wish me luck! I can't wait to have my first car!
#2201 of 4420 Re: 2007 Hyundai Elantra SE w/ XM [butterflytiff]
Sep 22, 2007 (6:22 pm)
Okay everyone - this is the breakdown:
Price of unit: $15,138.85
Options: $ 1,690.00
Etching: $ 199.00
Tax: $ 1,191.95
CB fee: $ 27.00
Reg/Title: $ 265.00
Doc Fee: $ 289.00
Down: $ 5,000.00
Rebate: $ 1,000.00
Had Lojack added - Had 36 months of Basic Maintenance Added - Had Total Loss Protection added
(they went down to half off the total loss)
Was going to be 16100 OTD - they went down to 16000 OTD - then I added above mentioned extras. Yup - that is where they make their money.
Got carpeted floor mats and a cargo net - something at least.
#2202 of 4420 Re: 2007 Hyundai Elantra SE w/ XM [butterflytiff]
Sep 22, 2007 (11:33 pm)
As long as you are happy that is the main thing. Dealer definitely made up the difference in price in some areas that's for sure. Good luck with your search on the extended warranty, from what I've seen it jumps up considerably after 5,000 miles so make sure you look at that as well. Enjoy your car, hard part is over now.
#2203 of 4420 Re: 2007 Hyundai Elantra SE w/ XM [alamocity]
Sep 23, 2007 (4:58 pm)
Thanks! I will def. compare prices on the extended warranty!
#2204 of 4420 Re: 2007 Hyundai Elantra SE w/ XM [butterflytiff]
Sep 24, 2007 (11:51 am)
What is the depreciation rate on the Hyundai? Also - how can I find out when my car was "born"
#2205 of 4420 07 Elantra GLS for $16,780???
Sep 24, 2007 (8:11 pm)
I am begging for the information about the price of this car. I'm in Madison, WI and I received the quote that 07 Elantra (red) GLS is 16,780 which is including destination charged ($595) and detailed service fee ($120). So, the final price $15,252 after the rebate. It is not OTD, though.
Since I was communicating on the phone and email, that is the only information I know. I was surprised by this price which is a lot more than I expected. May be it is because of the package. When I asked to the dealer, she said that it has a air conditiong and CD player. But, still isn't is too much? If the sales tax and titling fee are added, OTD will be increased a lot.
I read many postings that people buy this model under OTD of 15,000. Would you guys please give me information????
#2207 of 4420 07 Elantra GLS auto w/pref package for 11,843
Sep 24, 2007 (8:20 pm)
I was curious to think what people thought about the deal I just got. I purchsed a 07 elantra (white) automatic with the preferred package but no xm. Here is the break down:
14,843-2,000 rebate-500 military rebate-500 because the vehicle had 493 miles on it=11,843 plus tax, lisc. The car is brand new but is a wash out. A person previously tried to purchase the vehicle but could not get financing so they had to give it back. DMV recongnizes it as a used because a person was in the process of purchasing it but hyundai recongnizes it as new and I got all the new car rebates with the new car warranty and financing. The reason why no xm is because it was an earlier 07 model that did not have xm available at that time. Let me know what you think. Thanks
#2208 of 4420 Re: 07 Elantra GLS for $16,780??? [sammy2007]
Sep 24, 2007 (8:52 pm)
That seems like a high price for a '07 GLS with A/C and CD as the only options. (You didn't say it has an automatic so I'm assuming it doesn't.) If that's the best you can do, if I were you I'd make some calls or send emails to dealers in Milwaukee and NW Chicago to see what what kind of deal they might give you. Even if you don't want to drive all the way down there, you could use their pricing as leverage in Madison.
Also, what is the "detailed service fee" for?