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Hyundai Elantra Prices Paid and Buying Experience

2678 messages,  Last post on Jul 08, 2008 at 8:48 PM

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What is this discussion about? Hyundai Elantra, Hatchback, Sedan


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#2349 of 2678
Re: 08 Elantra from Towne Hyundai [zdizek] by tenpin288
Mar 06, 2008 (1:15 pm)
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Replying to: zdizek (Mar 06, 2008 10:17 am)

This is straight from Towne Hyundai's website ( http://www.townehyundai.com )
 
Internet Pricing
 
2008 Elantras
 
$1,950 BELOW DEALER INVOICE
$2,000 CONSUMER REBATE
"LOW APR FOR QUALIFIED BUYERS IN LIEU OF REBATE"
"DESTINATION INCLUDED"
(good from 3/1/08 thru 3/31/08)
 
From what I have read in these forums, Towne is straight-forward and gives you a great deal without having to haggle. They are evidently a very high volume Hyundai dealer which gets them some pretty good per unit manufacturer cash bonuses each month. That is why they can sell them at these low prices.
#2350 of 2678
Re: 08 Elantra from Towne Hyundai [tenpin288] by zdizek
Mar 06, 2008 (2:40 pm)
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Replying to: tenpin288 (Mar 06, 2008 1:15 pm)

Thanks for the input guys. Any clue on if I should be be paying tax before or after rebates? Just got a email back from the internet manager from Towne saying there is no mistake besides Massachusetts state sales tax may be different than 5%. Anyone know what this would be or where I can find it? Thanks again everyone!
#2351 of 2678
Re: 08 Elantra from Towne Hyundai [zdizek] by backy
Mar 06, 2008 (5:34 pm)
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Replying to: zdizek (Mar 06, 2008 2:40 pm)

States vary as to whether the tax is paid before or after rebates. In my state, MN, tax is paid after rebates. The dealer does these transactions all the time and knows how to do it. If you want to be sure, the web site for the state's Department of Revenue (or whatever it's called) should have the rules for sales tax on new vehicles with rebates.
#2352 of 2678
Re: 08 Elantra from Towne Hyundai [zdizek] by bhmr59
Mar 06, 2008 (8:16 pm)
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Replying to: zdizek (Mar 06, 2008 10:17 am)

We bought an '07 Sonata from Towne Hyundai in Feb. '07. It was a straight forward no BS deal. Since then 7 other people I know bought cars from Towne. I'm in CT, about 100 miles away (1hr 45 min).
 
The price will be invoice (including destination but without a BS advertising fee), plus dealer fee of $189, plus title and tags fees*, plus your state's sales tax.
 
* Towne uses an outside service to take care of "out of NJ" title and registration work. They will include a temporary NJ registration. This charge for CT buyers has been $200 regardless of whether there was a transfer of registration or a new set of plates issued.
 
Most N.E. states charge sales tax on the pre-rebate price and Mass. is probably one of them.
 
But do as the dealer who is trying to BS you said. Call ahead of time to confirm price, color, equipment you want. Let them know when you want to pick up the car and they will have it all cleaned up, prepped and waiting for you on that day. Of course you'll have to go inside to complete the paper work and they'll explain many things about the car , owners manual & service schedule to you. The whole thing will take about a half hour. You can have them arrange financing or do it on your own. All the paper work will be ready when you get there, including financing if you go through them.
 
If you don't want window etching, tell them that on the phone. Our car had it but we didn't want it and they didn't charge us for it. (Of course the etched # is not registered anywhere since we didn't pay for it. Big deal.)
 
One other thing your local guy is messed up on: he said, "make sure that number is before rebate before driving that far. Truth is that is an after rebate number which makes my initial price better than theirs. I am so confident that they have made a mistake I am willing to give you $500 for every car that dealership will sell me at the price they quoted you." Think about it, if Towne's price were $225 higher than the price the local guy quoted you, why would he pay you $500 for each car Towne would sell to him at that price. Sounds like double-speak to me or the guy is just full of BS.
 
Towne is offering you the car for $13,916 with all taxes and fees included...less if you avoid the window etching and tax on it. A few people on this forum have purchased different models from Towne (Azeras, Sonatas, etc) and have reported great buying experiences. Price qoted on the phone = price paid. Most have used the terminology "No BS" in describing their experience.
#2353 of 2678
Re: 08 Elantra from Towne Hyundai [bhmr59] by zdizek
Mar 06, 2008 (8:26 pm)
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Replying to: bhmr59 (Mar 06, 2008 8:16 pm)

Thank you so much bhmr59! You have made me feel much more confident about this dealership. I will make sure to post my buying experience and final price paid after this weekend.
#2354 of 2678
Re: 08 Elantra from Towne Hyundai [zdizek] by thndrstm
Mar 07, 2008 (6:27 am)
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Replying to: zdizek (Mar 06, 2008 8:26 pm)

When I called Towne Hyundai, they had only 1 SE and that had a sunroof which I didn't want. Consumer Reports indicated that only the SE was the trim level they rated best as the GLS did not have stability control.
Invoice on the SE is 2000 more than the GLS.
#2355 of 2678
Re: 08 Elantra from Towne Hyundai [thndrstm] by backy
Mar 07, 2008 (8:00 am)
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Replying to: thndrstm (Mar 07, 2008 6:27 am)

If you load up the GLS so it's more comparable in equipment to the SE (e.g. add the package with A/C, fog lamps etc.) I don't think the difference in invoice is $2000. Maybe if you compare the base GLS (no A/C etc.) to the SE, it's $2000 less.
 
Besides ESC, the SE adds a telescopic steering wheel (leather covered with audio controls too), which might be important for some drivers to find a comfortable driving position. And the bigger tires/wheels, which may improve handling over the GLS.
#2356 of 2678
Re: Good Price? [thndrstm] by stormchas4
Mar 07, 2008 (12:36 pm)
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Replying to: thndrstm (Mar 03, 2008 1:52 pm)

what dealership was that in Viriginia?
#2357 of 2678
Three Cheers for Towne Hyundai by kevin_brancato
Mar 07, 2008 (12:48 pm)
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On Tuesday, March 4, I bought from Towne Hyundai the SE that "thndrstm" didn't want.
 
I have to say that starting with the internet inquiry, the Towne buying experience was absolutely fantastic. Complete openness, zero pressure, and no haggling. And Towne beat Fitzmall by over $1,000 for the identically equipped SE (part of the difference being that the consumer rebate is $2000 in Denville, NJ, but only $1500 in Gaithersburg, MD). Given the differences in rebate, I don't know if a local dealer could match the price; I didn't try.
 
2008 Elantra SE Auto w/ Premium Package
Cloth Mats + Mud Guards
Silver w/ Black cloth
 
Invoice (inc. destination): $18,472
Taxable Price (VA): $16,522
Tax (4%): $661
Rebate: -$2000
Doc: $189
Title, Registration: $200
 
Price Before TTR: $14,522 = $18,472- $1950 - $2000
Price Before Tax: $14,919 = $18,472 - $1950 - $2000 + $189 + $200
Out the Door: $15,580
 
This was the initial sales sheet at the dealership. If I recall correctly, there was a legitimate additional $56 in titling. And 1% of that 4% tax had been invalidated by the Virginia Supreme Court the day before, so there was some discussion how much to charge for tax. (Towne's folks were very good about it, and said 3% is fine, but I figured 4% until the bureaucrats understand they can't collect unconstitutional taxes; after the great experience I've had, I trust that Towne will refund me the difference about the same time my plates arrive).
 
Towne's initial email quote, from Thursday, Feb. 28, had been $1000 higher. However, the consumer rebate was increased from $1000 to $2000 in NJ on March 1, and when I called Towne the next Monday, they happily lowered the price by $1000. I called Towne twice more to verify final figures, secure financing, and place a credit card deposit to reserve the car.
 
Towne had the car prepped and waiting out front when I arrived. The salesman went through the figures quickly -- and were exactly as previously discussed. I financed through Towne, because they could match the best terms I could get elsewhere. If that's additional profit to them, that's fine with me.
 
While waiting for finance to plug and chug, free coffee was offered, and they let me use their wireless internet access on my own laptop. Finance terms were exactly as previously disclosed, and the financial officer was just as friendly as the salesman, although he did initially mistake my work address for my home address. I was left alone in his office to read through the entire finance contract.
 
Neither the Towne salesman nor finance officer gave me a folder to keep all the receipts together, so you might want to bring one along.
 
They had a technician in an 06 sonata lead me to the rental car agency a few miles away, and drive me back to my new car.
 
I drove home very happy in a torrential downpour.
#2358 of 2678
Good price on Elantra GLS? by davis22
Mar 07, 2008 (7:46 pm)
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I test drove a 2008 Elantra GLS today. Great car! Popular equipment package included. Sticker price was $16055 but I was able to get the salesman to write down his best offer and he wrote $13600. I am waiting for my blank check from Capital One so I can't buy yet but I was wondering if this was a good deal. I am in Northern CA.

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