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Prices Paid: Buying & Leasing Experiences Hyundai Elantra Prices Paid and Buying Experience
2697 messages, Last post on Jul 23, 2008 at 4:22 PM
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Oh yeah. I forgot the above included: Option Package 02/AB Popular Equipment Package Includes vehicle with standard equipment, air conditioning, 172-watt AM/FM stereo, XM satellite radio, single disc CD player, MP3 playback, tweeters, auxiliary input jack, in-glass antenna, fog lights, cruise control, dual illuminated vanity mirrors and windshield shade band. OTD for $14400 |
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Replying to: zcore (Oct 04, 2007 6:18 pm) I don't know what the going rate is for an oil change in NC. In the Twin Cities, $25 +/- is pretty common, including inspections and fluid top-offs. But it's also common for dealers, including my local Hyundai dealer, to give you free oil changes for life if you buy a new car there. |
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Replying to: zcore (Oct 04, 2007 6:18 pm)
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Replying to: alamocity (Oct 04, 2007 7:35 pm) Last year I paid about $1200 for what amounts to five years and 55,000 miles of bumper-to-bumper, zero deductible, transferable coverage on a five-year-old Mazda MPV. And it was effective immediately, not in five years as is the Hyundai extended warranty. So I think $1600 for a zero-deductible warranty on a compact car that kicks in five years from now and amounts to five years and 40,000 miles of coverage is pretty steep.
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Sounds like a steal. Should I be suspicious about it being sold for so cheap when MSRP is over $16K?
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Replying to: irismg (Oct 05, 2007 7:14 am) |
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Replying to: backy (Oct 04, 2007 8:06 pm) |
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Replying to: irismg (Oct 05, 2007 7:14 am)
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Replying to: alamocity (Oct 05, 2007 10:28 am) Thanks for your help, though!
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Most here on Edumunds.com denigrate Hyundai resale values. I just finished some research based upon the purchase of our 2006 Elantra GLS sedan automatic vs. a 2006 Honda Civic LX auto and a 2006 Toyota Corolla LE auto. The prices paid, including TTL, for the Civic and Corolla were based on an average of those posted here on Edmunds.com from buyers for those trims over a snapshot of time (and, forum postings) in 2006. Interestingly, the Elantra does quite well compared to the Civic and Corolla which contradicts the position of many anti-Hyundai posters. The values (trade-in and private party) were taken from the Edmunds.com appraisal calculator. This trade-in value correlates with what my local dealer, and Intelliprice, would offer for a new car trade-in, so this value should be good enough for basic comparison purposes. The data: 2006 Elantra - Trade-in: $9,647 Private Party: $10,738 2006 Civic - Trade-in: $13,508 Private Party: $14,620 2006 Corolla - Trade-in: $11,429 Private Party: $12,613 Comparing total purchase price vs. trade-in value: I paid $13,700, including TTL, for my 2006 Elantra. This equates to a $4,053 loss since purchase - in my case, purchased in December 2005. The average purchase price, including TTL, based upon Edmunds.com postings for the 2006 Civic LX is $17,500. This equates to a $3,992 loss since purchase. The average purchase price, including TTL, based upon Edmunds.com postings for the 2006 Corolla LE is $16,200. This equates to a $4,771 loss since purchase. In each case, the first year depreciation hit is substantial, as expected. But, when you compare each based upon not the MSRP, but the actual delivered price, including TTL, the Hyundai fares quite well against their highly regarded competitors. |
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