Last post on Oct 24, 2013 at 4:01 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Hyundai Elantra, Hatchback, Sedan
#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 $$$).
#3162 of 4450 Re: Just got a quote on a 2009 Elantra GLS... [zodiac711]
Aug 17, 2009 (6:16 pm)
Thanks for all the wonderful feedback, fellas. I've been thinking it through and have decided to pass on my pending deal (2009 Elantra GLS with sunroof for $14,250 before t/t/l). I'm glad to have been extended the offer, but have decided to wait for a good deal on a 2009 SE. Here's what I'm currently looking at...
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)
2009 Elantra SE
-popular equipment package with sunroof, leather interior
$17,900 (before cars and t/t/l)
To be honest, I'm not too happy with these prices and that's why it's going to force me to play the waiting game. As you all have mentioned, it's a big risk because CARS could go out at any moment and Hyundai might not offer a strong rebate next month. All I know is that I don't want to feel hosed over a deal and live with buyer's remorse. Besides, since I plan to keep this vehicle for 5-10 years, I want to make sure I get one that is fully equipped and can be a smooth ride for years to come. So the waiting game begins...please let the board know when you get wind of the 2010 models showing up.
P.S.: I am still hoping to spend about 14-15k on a standard SE and between 15-17 on a loaded one.
#3163 of 4450 Re: Just got a quote on a 2009 Elantra GLS... [robnessmonster]
Aug 17, 2009 (7:15 pm)
I am confused here because to my knowledge, there is no such thing as a "popular equipment package" on the SE. There's a "premium package", with sunroof and heated seats, and there's the "premium package with leather" (self-explanatory).
So I am unclear as to what options are included for each of the prices you listed.
You might try going into the dealers that have an SE you want and tell them "I will buy it RIGHT NOW for $X." Money talks, especially as month-end nears. Then be prepared to buy a car, in case they say "OK".
Also, decide if you really need a sunroof or leather. Those will increase your costs quite a bit on this car. If you can stick to the base SE, which is quite well equipped but no sunroof or leather, you are already in your stated price range of $14-15k.
#3164 of 4450 Re: Just got a quote on a 2009 Elantra GLS... [backy]
Aug 18, 2009 (9:26 am)
Hi, backy! My apologies - you are correct, the packages for the SE are actually considered "premium" packages instead of the popular equipment package they use on the GLS models.
And, yes, I think that's going to be my big gamble. If CARS is still in effect at the end of the month, I'll visit the dealership that last weekend and make one last offer on a SE. That's the only way I see myself getting a fair deal. What do you think a good offer would be at that point? I think I'm going to stick to my guns and go for the following vehicle...
2009 Elantra SE
-premium package with sunroof, heated seats, leather interior, etc.
MSRP: About $20,000
Haggled Price: $17,900 ("car is in high demand and we can't give it away"-dealer)
Right now, I'm thinking 16,500 and going overbudget on a car I will hopefully get a lot of use out of for the next 5-10 years. too high, too low, just right? Thanks again for all your help, everyone. I'll be sure to keep you posted on how things go or feel free to say "I told you so" if CARS runs out before I attempt my purchase.
#3165 of 4450 Re: Just got a quote on a 2009 Elantra GLS... [robnessmonster]
Aug 18, 2009 (9:49 am)
Not sure where you are located but http://fitzmall.com has been a good resource for internet pricing. Their current low price for an Elantra SE equipped as you desire is $17,711. Their no-haggle pricing is usually pretty fair and lower than most, but no means the lowest. Just a thought.
#3166 of 4450 Re: Just got a quote on a 2009 Elantra GLS... [tenpin288]
Aug 18, 2009 (3:59 pm)
Yeah, I am thinking $16.5k + T&L for a loaded Elantra SE, after $2000 rebate but before C4C, would take some luck at this time. It could happen... a dealer might need a couple more sales to reach a sales target for example. Doesn't hurt to try. It's actually not too far off base, considering the price at invoice less rebate and holdback is around $17k.
#3167 of 4450 Re: Just got a quote on a 2009 Elantra GLS... [robnessmonster]
Aug 18, 2009 (8:17 pm)
I too am from Tx and am wondering where you are seeing these kind of deals for?
#3168 of 4450 Re: Just got a quote on a 2009 Elantra GLS... [alamocity]
Aug 20, 2009 (7:21 am)
What part of Texas are you from, Alamocity, and how far you willing to drive for a vehicle? And are you looking for a GLS or SE? Let me know and I will do my very best to help you out.
And for those of you who may be wondering, I'm still planning on making a trip to the dealership next weekend to see if they may budge on the price right when the month is about to end. If the vehicle and CARS is still in effect by then, I hope to get a fair deal on the 2009 Elantra SE with premier package 5 (sunroof, heated seats, leather interior, etc.). Not very happy with the $17,900 asking price (For a MSRP of $20,000 while a $2,000 rebate is in effect), so I am hoping they will come down to $16,500 or possibly less. The salesman said just the other day that "these Elantras are in high demand so we aren't going to discount them anymore." I hope they change their tune if it's still there at the end of the month. If it's so hot, I wonder why they still have so many on the lot still...