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Hyundai Elantra, Hatchback, Sedan
#2981 of 4451 Re: 2009 Elantra GLS - OTD Price Cash for Clunkers [fullblast]
Jul 12, 2009 (7:26 am)
Thanks for the report. A couple of questions: what did you get for your van (i.e. did you get any additional salvage value for it, or just the $4500), and was sales tax calculated before or after the $4500 was deducted (I realize that may vary by state)? Also if you could itemize for us the costs that would be helpful, e.g. what was the price before the Hyundai rebate, clunker cash, and any salvage value was deducted, and before taxes and fees were applied? Those costs should be itemized on your purchase order. Thanks.
#2982 of 4451 Re: elantra se's?? where are they? [juliejean13]
Jul 12, 2009 (7:29 am)
This seems to be a common problem. I see few SEs in my area also. I think that is because the SE is popular due to its "top choice" rating by Consumer Reports, its standard ESC (not available on the GLS), and its better handling compared to the GLS. Also those 16" 5-spoke alloys look a lot sharper than the GLS' plastic wheel covers. And it could be also that Hyundai is shipping relatively few SEs compared to the less-expensive GLSes, thinking (hoping?) if people have a choice between a Sonata GLS or Elantra SE for about the same money, they will take the Sonata.
#2983 of 4451 Re: 2009 Elantra GLS - OTD Price Cash for Clunkers [backy]
Jul 12, 2009 (7:41 am)
There is no double dipping. So you do not get a salvage value in addition to the 4500. I probably could have stripped a bunch of stuff off and still traded it for the same amount.
Sales Tax was after my Clunker Credit. Stuff isnt with me but I believe that the sales tax was around 650 here in TX. The only reason I remember that number is that it can be written off on taxes this year. (Still have a lot to check into reguarding that)
Honestly I probably will not be posting itemization. Everyone is going to be different depending on where you live. Just keep after that OTD price, dont be distracted by anything else they throw at you.
I just hope that in a month, I didnt pay way more than everyone else. =)
#2984 of 4451 Re: 2009 Elantra GLS - OTD Price Cash for Clunkers [fullblast]
Jul 12, 2009 (7:52 am)
From the official CARS website, it appears that you can negotiate a trade-in/salvage value from the dealer in addition to the CARS cash:
The law requires your trade-in vehicle to be destroyed. Therefore, the value you negotiate with the dealer for your trade-in vehicle is not likely to exceed its scrap value. The law requires the dealer to disclose to you an estimate of the scrap value of your trade-in vehicle.
However, the full details on how trades will be handled are not yet published--should be around July 24.
The reason I asked for an itemization is because of exactly what you said--everyone is going to be different depending on where they live. So it helps to have the info on sales price before taxes and fees, which vary by transaction and location, are added in. Also the rebates each person qualifies for can be different.
#2985 of 4451 Re: 2009 Elantra GLS - OTD Price Cash for Clunkers [fullblast]
Jul 12, 2009 (6:04 pm)
Your definition of OTD is meaningless when talking about the price you paid for the car you bought. i.e., if you traded-in a '63 Corvette split window coupe, "your OTD" would have been much less...or you might have been paid to take the new car. OTD should = what you paid for the new car including all dealer fees & taxes.
Hyundai's Sonata rebate is $3,000, while it is $2,000 on the Elantra. There goes your $1,000 cash for clunker difference. If you liked the Elantra better, that's a matter of personal preference and a good choice. However, the cash for clunker program doesn't make economic sense in the instance you cited.
#2986 of 4451 Re: 2009 Elantra GLS - OTD Price Cash for Clunkers [bhmr59]
Jul 12, 2009 (6:47 pm)
I gave all the info that I thought may help someone in there pursuit of a new car on the Cash for Clunkers program.
My definition of OTD is defined. My trade in was for 4500. That was all I put down on the new car. I stated the two options I got on my car, Auto and the Popular Convience Package. Anyone should be able to use that information to get some idea of the kind of deals that are out there.
You know the funny things is, I could not find any solid information when I was looking at the car. I didn't have ot post anything here at all, but I thought it may be helpful to the next person that was looking at getting in on the program early.
Consider it a lesson learned on my part.
I hope everyone else is as happy with the deal they get and the car as I am.
Oh, and the Sonata, does have 3000 cash back, but with that and 3500 from my vehicle the OTD price was about 14500 (I never haggled on this price so it may have gone a bit lower) and that was more than I wanted to spend.
#2987 of 4451 Re: 2009 Elantra GLS - OTD Price Cash for Clunkers [bhmr59]
Jul 13, 2009 (2:16 am)
The thousand dollar difference in the rebate between the Elantra and the Sonata does NOT bring these two vehicles anywhere remotely close on price (comparably equipped models of course). Two entirely different price points and marketed audiences IMHO. Go ahead and price out a GLS auto Sonata and do the same for the Elantra. More to the tune of $2500-$3000 difference.
The mpg for over-the-road commuting is surprisingly close I'll admit for those concerning themselves with future gas prices. I did look at that in my search but the Elantra SE v. Sonata SE became a no brainer when looking at the initial lower cost of the Elantra. That SE they're putting out there is very well equipped with a very reasonable price structure. Totally understand fullblast doing what he did on his GLS purchase.
#2988 of 4451 Re: 2009 Elantra GLS - OTD Price Cash for Clunkers [joegiant]
Jul 13, 2009 (6:20 am)
Interesting. When I bought my car in May 2009, there was no price difference between the Sonata GLS and the Elantra SE. I was really surprised that I could get a Sonata for the same price as the Elantra SE.
#2989 of 4451 Re: 2009 Elantra GLS - OTD Price Cash for Clunkers [evergreen2]
Jul 13, 2009 (6:36 am)
I'm currently looking at buying a new Elantra. I would prefer the safety features of the SE (stability control and traction control) - otherwise I would be perfectly content with a GLS. I noticed some out-the-door prices on SE's in this forum seem to be well below what I would expect (and well below the Edmunds TMV - for the model I'm considering, the MSRP is about 18,700 and the TMV around 16,700). I'm in central Pennsylvania, and I'm just curious if anyone in the area (or surrounding area) was able to score a good deal on an SE?
#2990 of 4451 Re: 2009 Elantra GLS - OTD Price Cash for Clunkers [evergreen2]
Jul 13, 2009 (8:26 am)
SE Elantra vs. SE Sonata, two entirely different price points, two entirely different target markets. The GLS Sonata, admittedly a bit lower than the V6 powered SE on the sticker. You could also make the SE Elantra appear more expensive by adding options. I'm saying take a base Elantra GLS and match it up price-wise to the Sonata GLS with SAME equipment packages (or as close as you can). When you'll do this you will see why I think the poster chose the Elantra since it was in "the price range".