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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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#2903 of 3252
Re: 2009 Elantra Se automatic [curious31] by 4elantra
May 28, 2009 (6:42 am)
Reply

Replying to: curious31 (May 26, 2009 1:57 pm)

Thanks for info, did this include premium pkg (sunroof & heated front seats), or premium & leather pkg?
#2904 of 3252
Re: Elantra Touring Prem. Pckg with Automatic [familydadx4] by jfritsch
May 28, 2009 (7:20 am)
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Replying to: familydadx4 (May 27, 2009 7:20 pm)

False. If you buy a 27000 hyunda limited sonata for what they usually go for ($20000), and the 08 has a used trade in value of under $12000, you've just paid over $8000 to drive a Hyundai the 1st 12 months, regardless if you keep the car 1year or 12 years.
 
Better yet, you may get to pay finance charges on the 8000 for the 4 or so years to pay the thing off. You do this to have a car that is not held in that high regard in the used market, or by the public. Probably around a Chevy, or less. For most production vehicles like this, one would like to eat around 3000 or so 1st year.
 
Agree Hyundai is a much better car than it was 4 years ago, but the used scene hasn't changed in 20 years.
 
A good sales price for the Sonata gls auto (msrp 20400) or elantra gls auto/pkg (msrp 17500) is around the $13000's . Less than this is something to get excited about. (the 08's trade in of both used is $10000)
 
Good luck
--jjf
 
A
You also have
 
jfritsch:
  
I do agree with you that Hyundai's resale value is not it's strongest feature. If you tend to hold cars until they die, then it doesn't matter.
#2905 of 3252
Re: 2009 Elantra Se automatic [4elantra] by marlenelin
May 28, 2009 (7:26 am)
Reply

Replying to: 4elantra (May 28, 2009 6:42 am)

No, this did not include the premium package. I felt approximately $1500 more for sunroof, and larger wheels was not necessary for me. Mine does not have leather either. I had to try to keep the cost to $3,000 plus my Sienna LTD or else I couldn't buy the car (husband issue), so I came within $50 of my goal. Marlene
#2906 of 3252
Re: Elantra Touring Prem. Pckg with Automatic [jfritsch] by backy
May 28, 2009 (7:36 am)
Reply

Replying to: jfritsch (May 28, 2009 7:20 am)

Consider that the 2008 Sonata is now a 2 year old model, since it was introduced in early 2007. The 2009 Sonata is now over 1 year old, since it was introduced in early 2008. So when you are looking at a used 2008 Sonata for $12,000 trade in value, keep in mind that represents TWO years of depreciation--with less depreciation if you go by private party value vs. trade-in value.
 
I have to laugh whenever I see statements like "a good sales price for the Sonata GLS auto is around $13000s." That is simply not a realistic price for that car. I challenge you to find ONE report here of someone who bought a new (non-demo/loaner) 2009 Sonata GLS auto with MSRP around $20,400 for the $13,000s. Maybe it has happened someplace, under very special circumstances. But I think it is misleading to suggest to buyers that a good sales price for that car is in the $13,000s. It sets unrealistic expectations for what is possible in this market. I know where deals like that CAN be found right now--try one of the Chrysler or GM dealerships that is being forced to close. I've seen reports of great deals available at those dealerships.
#2907 of 3252
Re: 2009 Elantra Se automatic [4elantra] by curious31
May 28, 2009 (8:12 am)
Reply

Replying to: 4elantra (May 28, 2009 6:42 am)

It did not include the premium pkg just the standard features.
#2908 of 3252
Re: Elantra Touring Prem. Pckg with Automatic [67gtx] by colloquor
May 28, 2009 (11:38 am)
Reply

Replying to: 67gtx (May 21, 2009 10:37 am)

I know I'm replying to a several day old post, but here goes. I own a previous generation Elantra - a 2006 GLS sedan. Previous to buying the new Elantra, I've owned a Honda, Toyota, Mazda, SAAB, Volvo, Dodge Grand Caravan, and some other imports. My son bought a new Mazda 3 Grand Touring 5-door last summer. I, too, wouldn't call the Mazda a "much better" car, as my son's had a few problems, including a consistenly sub-standard A/C system. In comparison to the previous Honda and Toyota bought new, the Elantra takes a back seat to neither of them in build quality. In fact, the Elantra is the first new car I've ever purchased which had zero defects from the factory, and still does to this day - nearly 4 years after purchase, not one failure of anything.
 
I don't concern myself with depreciation, as I generally keep a vehicle for at least 10 years, sometimes much longer. In fact, I still have the '85 SAAB 900 I bought new in April 1985. Market perception is what drives depreciation levels, and sometimes this is not in step with reality.
#2909 of 3252
Good Price? by fayk
May 31, 2009 (12:36 pm)
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Hi - I am in VA and my daughter is looking at the Honda Civic LX 4dr AT vs the Hyundai Elantra SE 4dr AT. The pricing we have right now is $16,500 OTD on the Honda (2.9% financing 36 months) vs $15,500 OTD on the Elantra (0% financing 36 months). Our family owns 3 Hondas so I know that's a great deal on the Honda. Don't know as much about the Elantra. Thoughts anyone? I'd appreciate any input which helps her make the decsion. Thank you.
#2910 of 3252
overprice by 4elantra
May 31, 2009 (1:15 pm)
Reply
In the tristate area & was able to negotiate $14500 OTD Elantra GLS from three places. Did not take any of them. Looking at some other options. Good luck.
#2911 of 3252
Re: Good Price? [fayk] by bhmr59
May 31, 2009 (1:54 pm)
Reply

Replying to: fayk (May 31, 2009 12:36 pm)

Are the Civic LX and the Elantra SE comparable trim levels? While there is $1,000 difference in price in the deals you mention (plus the finance charge savings), is there a difference in standard equipment?
 
Both cars are supposed to be very reliable.
#2912 of 3252
Re: Good Price? [fayk] by marlenelin
May 31, 2009 (2:59 pm)
Reply

Replying to: fayk (May 31, 2009 12:36 pm)

The SE Elantra comes with traction control and vehicle stability. Does the LX Civic have it as well? I own a 2008 Elantra Se and love it. My friends own a 2009 EX Civic (the upgraded model) and love it. I just purchased a 2009 Elantra Touring two weeks ago. My husband owns a 2006 Honda Accord and I don't find the seats as comfortable as I do the Elantra. I feel too low to the ground. You might want to contact the internet department at Towne Hyundai in Denville, NJ. They usually seem to have the best prices on Hyundai's. Get an internet quote from them and then take it to your dealer.

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