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Prices Paid: Buying & Leasing Experiences Hyundai Elantra Prices Paid and Buying Experience
3252 messages, Last post on Nov 03, 2009 at 8:28 AM
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Replying to: jfritsch (Jun 08, 2009 7:00 am) |
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Replying to: ktv1969 (Jun 07, 2009 9:21 pm) Please let me know. Bargain hard & stay firm...
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Replying to: 4elantra (Jun 08, 2009 2:28 pm) I think you got a great deal. Can you tell me where you got that deal? I think $14, 500 or so is a good deal for OTD for Elantra GSE. At least, that is what I think. Does anyone think otherwise? Thanks for any info.
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Replying to: ktv1969 (Jun 08, 2009 4:34 pm)
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Very close to pulling the trigger on a 2009 Elantra Touring with the following: Sport Package Bluetooth (Don't really want or need it) Floor Mats For $17,406 + Tax, Tags and Title.
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Replying to: 4elantra (Jun 09, 2009 3:15 pm) I have been looking for a 2009 elantra GLS with popular package for more than 2 weeks. The best deal is 15000, which is cash price. For finance price, I have been offered to 14000. For sure I rejected because my credit history is only 3 years long. |
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Replying to: jfritsch (Jun 08, 2009 7:00 am) I've looked at your other posts and a lot seem to just bash Hyundais for losing their value after 1 year. Quote just to illustrate from the Malibu forum: If one pays the normal $20000 for a 27000msrp 09 Hyundai Sonata limited, it is not worth getting excited about 7000 off msrp, as the 08 Sonata has a trade in value of $11000. (if that) In this example, one (many on the Sonata forum) has paid $9000 to drive a average sedan the 1st 12 months. This is whether you drive the car 1year or 10 years. One may also be paying finance charges on the 9000 for 5 years and be instantly underwater. Many are paying $6000 to drive the $20000 msrp Gls for 12 mo. $4000 off msrp here no great shakes. Alright, let's play your game. First off, your numbers are wrong. An 08 Sonata Limited will fetch around $13k from a dealer trade in with 10k miles. A GLS will fetch around $11k. That's a $7k depreciation from the Limited and a $4-5k depreciation from the GLS. Now this is a large depreciation - I will admit that. However, this is under the absolutely absurd assumption that you WILL trade in the car after one year. Who in their right mind would do that? Most people purchase a car to use it, not give it back after a year. If you keep the car for a longer period of time, you'll see the depreciation amounts begin to become closer. Furthermore, this assumes that the cars your comparing are equal when they're absolutely not. Compare the Sonata to the Mazda3 and tell me you're getting the same features? Power seats, trunk space, safety, etc. You get MORE features for LESS money buying a Hyundai. That's something you can't factor into depreciation numbers. Oh, and let's not forget the warranties here. Those Mazdas and Toyotas you seem to push only have 3/5 year warranties. Good luck with maintenance costs after that. Sure they could be reliable cars - that still doesn't mean they won't break and incur hundreds or thousands of dollars in repair costs. With Hyundais it's a non-issue. The warranty also makes a good selling point if you ever did want to sell it. Basically, what I'm trying to say here is that you're just trying to scare people away. For some people a Hyundai might be the right car for them. Why try to stretch the truth and convince them otherwise? If they're happy with the car let them buy it. If you want to be helpful then tell them if the deal they've been offered is a good deal now - not a year from now. Sorry all for getting off topic.
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Replying to: scdelan (Jun 09, 2009 7:19 pm)  I couldn't give a crap about the resale value. If I was planning on selling the vehicle after a year or two I would certainly take this into consideration. I sat in a Rav4 because I thought it would fit my needs the best. Once I test drove it I realized that I would not be happy with the vehicle. I sat in the Elantra Touring and it felt perfect for me from the start. Why on earth would I want the Rav4 that I really didn't care for? Why drive it around and be unhappy with it knowing I paid more for less vehicle? |
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Replying to: csi007 (Jun 09, 2009 4:57 pm)
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Replying to: marlenelin (Jun 10, 2009 2:58 am) Edit: Edmunds TMV price with the options listed above is 18111. My price is a little over 800 less.
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