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Hyundai Elantra Prices Paid and Buying Experience

3252 messages,  Last post on Nov 03, 2009 at 8:28 AM

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


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#2883 of 3252
2009 Elantra Touring Automatic by jumblies1
May 16, 2009 (9:38 am)
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16 inch wheels/Cruise, not the top of the line package.
 
Prenegotiated via email btwn 5 dealers. Bottom OTD price of 17400. Specified NO dealer add ons like floor mats or cargo net (130 for these... are you kidding? Try costco). Asst-GM pitched 17400 before TTL. I smiled politely and asked him to read the email again as it was that OUT THE DOOR.
 
Traded 178000 mile Subaru Outback Legacy Wagon with trade appraisal of 1500 from several dealers. This car was probably only worth a few hundred more on the private market, and more in parts, but not worth the hassle. This car was only good for wholesale auction/junkyard parts. I could not have a private sale on my conscience or stomach the liability.
 
Comps: Matrix/Vibe: 15200 with trade and 3 year warranty. Versa (not really a comp IMHO), Didn't take the effort to negotiate. I love nissans to death and proudly still own a 1972 Datsun 240Z, but the company has lost it's way. Fit (too small/light to survive crash).
 
MSRP 18900
Inspect 14
Sales tax 490
License and title 55
Dealer Fee 600
-----------------------
Total 20056
 
Trade 2619So they fudged the trade value to make up the diff.
Rebate 1500


Total OTD: 15938

 
Summary:
Preneg price of 17400 OUT THE DOOR *This was key, b/c I could always reference the email during negotiations*
 
Oh, and the dealer ended up including the floor mats, cargo net and ipod cable, which would be stupid if they didn't.
 
** I think you could go lower to 17000 out the door, but that's probably close to the wall.
#2884 of 3252
2009 Elantra Se automatic by curious31
May 18, 2009 (11:48 am)
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My lowest negotiated price is $14,025 for a base 2009 Elantra SE with auto. transmission. This price includes freight and dealer fees. But does not include taxes, tags or a trade-in. Based on my research this is a good deal (edmunds true market value for same car is $15,882). I have not yet accepted the offer and am still mulling it over so what do you guys think?
 
Thanks,
#2885 of 3252
Re: 2009 Elantra Se automatic [curious31] by xav
May 18, 2009 (3:40 pm)
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Replying to: curious31 (May 18, 2009 11:48 am)

This is a very good price. I was offered like 14.8k + fees for a 2008 model!!
 
Does that include any student or military rebate?
#2886 of 3252
Re: 2009 Elantra Se automatic [xav] by curious31
May 19, 2009 (5:39 am)
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Replying to: xav (May 18, 2009 3:40 pm)

It does not include any student or military discounts. Just the $2000 rebate available to everyone. The dealer fees are $100 dollars.
 
I got that price by going through USAAs car buying service. But I believe USAAs car buying service is operated by ZAG.com. So if you are a member of any of the companies associated with ZAG you might want to give it a try. I believe ZAG negotiates with local dealers to give you an up front price. I myself am not a member of the military but my dad was which is why I am eligible to be a USAA member but I do not get the military discount.
#2887 of 3252
Re: Price for Elantra GLS 2009 [uncleba] by lastsmile
May 20, 2009 (8:31 am)
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Replying to: uncleba (Apr 18, 2009 1:10 pm)

Do you mind telling me which dealer you bought your 09 GLS. We are about in the same area. We quotes I received are much higher than your price. Thanks!
#2888 of 3252
Re: 2009 Elantra Se automatic [curious31] by jumblies1
May 20, 2009 (8:37 am)
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Replying to: curious31 (May 19, 2009 5:39 am)

If you have some time, I would do the email blitzkrieg. Use that as your starting point and pick 5 dealers in a 100 mile radius. While I think it's good price, I think you can go lower. What is the OTD price?
#2889 of 3252
Re: 2009 Elantra Se automatic [jumblies1] by curious31
May 20, 2009 (10:11 am)
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Replying to: jumblies1 (May 20, 2009 8:37 am)

Hi jumblies,
 
Thanks for the advice. I will try the email blitzkrieg. I have a list of ~10 dealers within 100 miles that I have already gotten quotes from. I will pass around my best quote and see if any of them can beat it. With regards to OTD price I have not yet gotten the official quote from the dealer. Based on my calculations it should be ~$15,218.
 
See:
 
$13,925 + $2000= $15,925 #adding the rebate back onto the price of the car.
  
$15,925 * 0.06= $956 #calculating the sales tax. (Maryland 6% sales tax)
 
  
$13,925 + $956 = $14,881 #adding the sales tax to the price of the vehicle.
  
$14,881 + $237=$15,118 #adding tag and title fees.
  
$15,118 + $100=$15,218 #adding the dealer fees.
  
So assuming I have not left anything out the total OTD price should be ~$15,218. This is based on numbers given to me by the dealer for the cost of tag and title fees, sales tax, and dealer fees. I am in the process of getting an official OTD estimate emailed to me. Hopefully it does not differ substantially from my estimate. If it does again assuming I have not left anything out I would require an explanation from the dealer as to why there is a major difference.
 
All the Best,
#2890 of 3252
Re: Elantra Touring Prem. Pckg with Automatic [67gtx] by jfritsch
May 21, 2009 (8:51 am)
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Replying to: 67gtx (May 02, 2009 1:19 pm)

Doc fees are meaningless as long as you get the full price with all fees from the 10+ dealers you get email bids from within 100-200 miles of you, usually last week of the month.
 
A used 08 elantra auto gls (msrp 17600) barely has a wholesale trade in value of 10000 with avg miles. This is what your 09 will be worth in 12months. I doubt a fully loaded one (msrp 19000) has a trade in of $11000. In other words $14500 is nothing to write home about for the 09 17600 gls. Eating 4000-5000 1st 12 months to drive one of these things isn't great.
 
The 08 20400 msrp Sonata gls auto also has a used trade in of $10000 with avg miles. (kbb.com) $15500 is no great deal on a new one. The 08 $27000 msrp Sonata limited has a trade in of $11000. Once again, what your 09 will be be worth in 12 months.
 
Suzuki and Hyundai are the few manufacturers not to post 30-40% sales drops. (They posted 2% sales drops). They are playing their marketing to the hilt.Selling vehicles for possibly more than they did last year at this time.
 
The 18500 Mazda 3 i touring value auto may be had for about 15000 and change, and will be worth almost $13000 in 12 mo. A versa $16000-18000 hatch or sedan for about 12000-14000, and worth 10000-11000. A $19500 pontiac vibe or toyota matrix-- $15400 or so. (worth almost $12000 next year)
 
The kia spectra forum has a $17500 car similar to the elantra, for possibly $11500 or so (worth $8500 used in 12 months). Sucky depreciation like the elantra yes-- but possibly much more of a discount. Worth investigating if true.
 
The mazda is a much better car and value than the elantra, as well as the others. Don't get a ticket getting to the dealer for any of the prices posted, they aren't that great as Hyundai doesn't need to deal. Their sales are great and they are playing their 8% of the market like a fiddle. Check out other options unless for some reason you really really want a hyundai elantra or sonata.
 
Good luck
--jjf
#2891 of 3252
Re: Elantra Touring Prem. Pckg with Automatic [jfritsch] by 67gtx
May 21, 2009 (10:37 am)
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Replying to: jfritsch (May 21, 2009 8:51 am)

This is my first Hyundai (never thought I'd ever own one) and up until the past 6 years, I've owned nothing but foreign cars. Since 2002 and in additon to a few foreign cars, I've owned several Jeeps, Dodge Rams and Durangos and I now have an 09 Challenger as my daily driver. All the domestic vehicles have been FLAWLESS but the 2006 Mazda 3 that I purchased new was nothing but problems and had a very sub par A/C system. To say that the Mazda 3 is a "much better" car than the Hyundai is just wrong in my opinion. I've only had the Hyundai a short while but I can tell you that the paint quality, panel gaps and the quality of plastics inside of the Elantra is FAR ahead of the 2010 Mazda 3. I also find the driving position, ride quality/quietness and seat support to be superior in the Hyundai. IMHO, the quality at Hyundai is right there with Honda and Toyota as first rate, with Nissan, Mitsubishi and Mazda seemingly below that level. Today's Hyundai is far different from the Hyundai of just 10 years ago and the public perception of this brand is changing so is the level of depreciation of the most current models.
#2892 of 3252
Re: quotes [scdelan] by bob225
May 21, 2009 (1:23 pm)
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Replying to: scdelan (May 07, 2009 4:27 pm)

scdean...Dealer is hoping to see at least $500 off by this weekend.

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