Last post on Oct 24, 2013 at 4:01 PM
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Hyundai Elantra, Hatchback, Sedan
#3152 of 4450 Re: Just got a quote on a 2009 Elantra GLS... [zodiac711]
Aug 17, 2009 (1:07 pm)
Thanks for taking the time to give your advice, Zodiac! I plan to deal on a car pretty soon so I really appreciate the timely advice.
As for the GLS I'm dealing on, Edmunds is showing me a TMV of $16,323 for this particular vehicle so the offer seems pretty reasonable. Here's my dillema though...
I do hope to take advantage of the CARS program (price quoted does NOT include the 4500 would-be discount), but I also hope to take advantage of the price break I would receive when the new 2010 Elantras start arriving. From what I've read, I believe they should be on lots in about a month or so. Thing is I'm not sure if the CARS program will still be in effect at that time or if hyundai will be offering the $2,000 rebate as well.
So when do you think is the best time to deal? Jump in now or wait one more month for a better discount? I'm hesitant to pull the trigger on the offer I have now because I keep thinking that the 2010 arrival will help me get a 2009 SE in my price range. And I'm the type of person who keeps a car for 5-10 years, so I'm just really trying to think things through and make the best decision I possibly can.
Thanks in advance for any and all input you all can provide!
Edit: Thanks for the input, Joe! Allow me to clarify - after a lot of haggling on my end, getting a standard SE would cost be between $14,998 and $15,977. Since I can't seem to find a good deal on a SE (all throughout Texas at least), I'm starting to really think if I should just forgo all of the SE extras and get a loaded GLS for $14,250 (before Cars rebate, before t/t/l). By the way, prices definitely seemed to be a lot better before the CARS program went into effect. Anyway, thanks for your advice and any pointers that can help me making the right deal!
Aug 17, 2009 (1:22 pm)
By now, and I mean now. The CFC's is not going to be around for long, I am guessing two weeks max before it is exhausted. One of the major Hyundai dealers in the state stopped excepting CFC already. I would go ahead and jump before you miss out. Even if you could possibly get a better deal closer to the 10's release it would be minimal at best.
#3154 of 4450 Re: Just got a quote on a 2009 Elantra GLS... [robnessmonster]
Aug 17, 2009 (1:24 pm)
Do a hypothetical. Let's say ya wait a month or even two. Let's also say the Clunkers program comes to a close and you no longer are eligible FOR THE $4500 cash give away. Let's also say Mr. & Mrs. Hyundai are pretty sure they are not going to discount further since their inventories on '09 Elantras are lookin' kinda low. Hmmm...
...if it's a $50-$100 clunker you're tradin' in, that's a mighty fine chunk ah change you're leaving on the table. OTOH, if your clunker is worth considerably more, changes the picture a bit but I'm still leaning towards pulling the trigger. Afterall, as previously noted, if the #'s you've listed hold true at paper signing time in the backroom, yours IS a good deal. Enjoy your new car.
#3155 of 4450 Re: Just got a quote on a 2009 Elantra GLS... [joem854]
Aug 17, 2009 (1:32 pm)
Something else that doesn't make sense is that you're being quoted $750 more for a standard SE.
This makes perfect sense. SEs tend to be much more rare than the GLS, and they are quite popular because they have ESC, better handling, nicer-looking wheels, features not available on the GLS like telescopic steering column and trip computer, plus the SE is CR's top choice in compacts. So dealers must think they can charge more for them. Supply and demand rules again.
#3156 of 4450 Re: Just got a quote on a 2009 Elantra GLS... [joegiant]
Aug 17, 2009 (1:35 pm)
Thanks again for all your help, everyone. All things considered, I now agree that right now is the best time to deal, especially since I plan on taking advantage of the CARS program.
One last thing I'd very much like your opinion on though are the differences between the GLS and SE? I have went over the breakdown on what is and isn't included, but am more interested in hearing your feedback on whether or not the differences should have a huge bearing on my decision? For my preferred SE, I'm looking at a difference of about $2,500 (it's a SE with a sunroof as well). For a car I will keep for at least the next 5-7 years, what would you go with?
2009 Elantra GLS
-popular equipment package with sunroof
$14,250 (before cars and t/t/l)
2009 Elantra SE
-popular equipment package
$14,998 (before cars and t/t/l)
2009 Elantra SE
-popular equipment package with sunroof
$16,715 (before cars and t/t/l)
I was originally expecting to spend around 10-11k after CARS, but these are the best options I have so far. Thanks again for all your input - you have no idea how comforting it is to get advice from you instead of trusting what the salesman consider a "good deal" to be.
#3157 of 4450 Re: Just got a quote on a 2009 Elantra GLS... [robnessmonster]
Aug 17, 2009 (3:55 pm)
The GLS is missing the telescoping steering, traction/stability control, as well as some of the steering-wheel mounted controls. Some models don't have A/C either. The SE has alloy wheels and supposedly better handling but I didn't notice any difference.
Personally, I don't see much point to the GLS. If you're going to give up traction and stability control, why not get an Accent, save money, and get better fuel economy? And if you WANT traction and stability, why not look at the base Kia Forte that just came out? No A/C, crank windows, but it has traction and stability control.
Of course, there's a ton of GLS models out there, and few SEs or Tourings for these very reasons. So dealers should be prepared to get REAL cheap on the GLS just to get rid of them. Se...not so much. They know people want them. WHich they do. For good reason. Look what you're getting for $2500. If you dump the sunroof, look what you're getting for that and $750. Persoanlly I hardly ever used the sunroof on my old car...it was there mostly to generate wind noise and cut my headroom. Oh, and because they wouldn't put ABS on the thing unless it already had a sunroof.
Bottom line: If you're going to keep a car for 5-7 years, get the one you like the most. There's no sense punishing yourself for those years with "why did I give up?" It's worth it to prevent a case of buyer's remorse...which can lead to early, upside-down trade ins.
#3158 of 4450 Re: Just got a quote on a 2009 Elantra GLS... [bpizzuti]
Aug 17, 2009 (4:36 pm)
If you don't want ESC, why get an Elantra over an Accent? The Elantra is roomier, offered 4-wheel anti-lock disc brakes, and at least with what I was looking at, only marginally more expensive than the Accent.
At the end of the day, you could use the logic "Why not get xxx" to go from a base Accent to a top of the line BMW... It ultimately comes down to price [what you want and can afford to pay] / features [what features you need/want].
While I'm sure the ESC, better suspension(?), etc., on the SE is worth the $$$, I hardly believe it qualifies as a reason to go with the Accent if you don't spring for it. Maybe for you (and others), but not for everyone (myself included).
#3159 of 4450 Re: Just got a quote on a 2009 Elantra GLS... [robnessmonster]
Aug 17, 2009 (4:47 pm)
As another poster stated, the CARS incentive isn't going to last forever. But, depending on what you are wanting to trade-in (it's value), along with whether you believe it will last long-enough, it's ultimately all a gamble.
I traded in a '95 Nissan Pathfinder w/ ~ 225k miles on it. It had some issues, but nothing that affected it's driveability. With that said, it would have been a huge, HUGE bummer to have had it *die* before I could have traded it in. It would equally have been a HUGE bummer had the CARS program stopped before I had the opportunity.
So the above, combined with your risk tolerance should guide you.
The question to ask yourself is this: How much do you truly think the '09 prices will go down when the '10's roll-out, and is that savings worth it? Again, this is assumin g that:
a) CARS program is still running
b) Dealers haven't cleared-out their '09 inventory due to the success of the CARS program
c) Dealer is still willing to offer you the aforementioned deal (and make it even sweeter)
d) Hyundai is still running their current rebate (if not a better rebate)
e) Your vehicle is still in CARS-ready condition
Let's say we had a crystal ball and knew you could shave $500 off. Would shaving that $500 off be worth the risk to you? What about $400? $300? Of course, we don't know how much it would be -- it could be less, it could be more... It could even go up in price... The dealer could no longer make their offer and/or not even have stock to if they wanted.)
Personally, I can't imagine it will be shaved that much lower (if at all). At the same time, as others have noted, it represents a significantly lower price point on a very popular selling vehicle... Why the dealer is offering this is beyond me (and smells a bit fishy...)
#3160 of 4450 Re: Just got a quote on a 2009 Elantra GLS... [zodiac711]
Aug 17, 2009 (4:49 pm)
The Elantra is roomier, offered 4-wheel anti-lock disc brakes, and at least with what I was looking at, only marginally more expensive than the Accent.
I've sat in both, the roominess in the front seat is about equal. Now, if you need back seat room that's a different story.
The Accent SE offers optional ABS.
It ultimately comes down to price [what you want and can afford to pay] / features [what features you need/want].
I believe I mentioned something about "get the one you like" to avoid buyer's remorse. Everyone's opinion on that is different. What I offered was my opinion. I still don't think it's worth it to drop to the GLS unless it's significantly below the price of an Accent SE. Others might differ...but I'm thinking not very many, given the fact that so many dealers have so many GLS models still sitting on their lots.
#3161 of 4450 Re: Just got a quote on a 2009 Elantra GLS... [bpizzuti]
Aug 17, 2009 (5:07 pm)
Each person has their opinion on whats good. I don't discount the benefits of the Elantra SE, but they do come at a price.
How much less is an Accent SE vs Elantra GLS? Now, we compare Elantra GLS vs SE. And, for only a bit more, you can get something even better than an Elantra SE. Repeat until your ~15k car is now a 40k+ car.
One must stop somewhere (barring an infinite amount of $$$).