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Hyundai Elantra Prices Paid and Buying Experience

2726 messages,  Last post on Sep 05, 2008 at 7:18 PM

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What is this discussion about? Hyundai Elantra, Hatchback, Sedan

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#325 of 2726 can't tell from these posts if my deal's poor/okay/good/what... by lrh_2003 Feb 28, 2003 (4:19 pm)
Gee, a novice, can you tell?! Having spent a good amount of time researching, I wish I would have found the message board section sooner! OK - in Chicago area I have been having a very difficult time finding a new GLS manual/tr with package 3 (cruise/keyless entry/ABS& traction). Some dealers actually told me that l'll "never find one", tried to talk me into automatic OR told me I don't need ABS and offered other packages. Finally a good guy from the Shaumburg dealership did a bit more thorough research than 2 other dealers & came up with one he thinks he can get on a trade (manager not in other dealer today so not 100% certain). I put $1,000 down to see if they can get the car (if not I get full amount back, of course). From Edmonds TMV I thought I did pretty well, but it seems some of the above deals are lower. Total w/freight & dest etc.= 12,998 (optimal TMV is 13,101), then minus $1,000 incentive =11,998. Add in taxes/license fee adds approx. another 1,180 for a grand total of 13,178. I might add another 500-1000 to my current 1,000 down, (so financing 11,178-11,678 through my credit union at 3.99/60 mths). Does this sound reasonable?? Also - since technically the 1,000 back rebate ends TODAY (and car isn't there, thus not delivered!) they told me I'll at least get 1,000 back but if the upcoming incentive improves I'd get that one instead. But I read on the boards that "Hyundai does incentives every couple of months"...does that mean there may be NO incentives offered for awhile? (I can wait, but not sure what kind of "deal" I am locked into - have signed nothing but the 1,000 credit card receipt. I'd be most gratefull to anyone with advice/thoughts on al this (and sorry for lengthy post... although generally a pretty confident person I do try to watch my finances closely (finishing up PhD and have raised 2 kids by self for 11 years - hasn't made me an heiress) but this new-to-me experience is daunting! I hate feeling like such a girl here. Thanks!
#327 of 2726 Irh 2003 by lmp180psu Feb 28, 2003 (5:50 pm)
Don't worry about the $1000 rebate not being continued- according to carsdirect the $1000 rebate is continued on all elantra models until 3/31. Also your quoted price sounds very fair considering that it is a model with ABS/5-speed (which is in short supply), and is below TMV. Don't feel like a girl, b/c trying to get answers/advice to your questions is what Town Hall is all about. Good Luck!
#328 of 2726 kiltedfool by lmp180psu Feb 28, 2003 (6:24 pm)
If you are still browsing this forum, I would like to ask you a few questions, and congratulate you on your GT purchase.   1) Was your price of $13,375, including the 1000 rebate or was there one at that time? If it was, it is still a great price for a car with style and features. In May 2002, I was helping a friend look at a GT at McCafferty (Auto, sunroof, no abs) for $14,900. At the time I thought that was a fair price (about 150 over invoice, but it seemed too easy to negotiate on that price (Maybe now I can see why, considering the deal you got). As it turned out he ended up getting a used 99 Maxima.   2) Also, who was the salesman you dealt with? ( the one we dealt with was very friendly and easy going, but can't remember his name right now)   3) Did you shop anywhere else , and if so what was your experience compared to McCafferty? We went to a couple others but none were very helpful. Advice to anyone in the Philly area, DON'T GO TO NORTHEAST AUTO OUTLET!!! I live right across the street from them( no kidding) and decided that since they were so pompous, the 10-15 mile drive to McCafferty was worth it, and they couldn't beat the price or the interest rate. By the way the same car we test drove (pewter) was still there a month after we were there. LOL!!!!   I am asking this info because I am thinking about a GT sedan or hatchback sometime after I get out of school in May( hence my username), and would like a contact to make the process smoother. It would be great if it was the same guy we dealt with. Thanks!!!
#329 of 2726 2003 GLS AT with Package 2 by npkb Mar 02, 2003 (5:44 pm)
Last night I bought a 2003 Elantra GLS AT with package 2 (cruise+keyless+alarm) for $12,250 including tax/doc+other fees with freebies like mud guards($60), mats($50) and appearance/rust protection package($750). Thats about $2K below invoice + $850 in freebies. Also got financing at 4.9% for 48 months.   GLS with AT -----$10,600 (MSRP $13,350) Package 2 ----------$ 400 Freight ----------------$ 500 Taxes -----------------$ 750 ------------------------------------- Total -----------------$12,250   I think I got a good deal. What do u guys think?   I like it so far and I'm pretty impressed with Hyundai's quality. I don't see any difference between this and a Civic LX, which would've costed me $14.5K+taxes (~$15.5K). I paid 3 grand less and got a much better warranty!
#330 of 2726 Fool still here on occasion by kiltedfool Mar 03, 2003 (9:24 am)
Not certain it's ok with the hosts, but my salesman was a young guy named Ken Minch. He was somewhat able to hide behind his youth as a lack of authority and just be the good cop go between between me and the sales manager in the office. Very low pressure.   I did receive a rebate which took me to my final price. Northeast I dealt with briefly on the phone, I was also warned by Ken that they have a rep for low initial "agreed" price and then layer on fees. Of course, all dealers have that to a degree.   I got a good price, they got a little back by chiselling me on my trade-in value, but I'm happy with my purchase. The little blonde from F&I started out aggressive and adding in etching and such to the final price without my agreement (adding over $50 to my potential payment), and nearly scuttled the deal on the spot. I told my salesman to put the piranha on a leash or it'd impact my survey at a minimum. She quit trying to sneak adders and mop 'n glo in, and I bought the car. I think she gets a bonus based on participation in the etching program, since she knocked a point off my rate to get the etching included.   If you have better credit than I did, try to go in already financed, you'll have more leverage than I did, I'm refinancing in a year.   As far as other dealers, I researched through edmunds and called internet people for Maxon and 1 or 2 others. Most had competitive base prices but multiple adders. The dealer in Doylestown is alliled with McCafferty so I didn't bother going out of my way, I was comfortable with my salesman.   Also note that my GT is a manual, which drops the price and can sometimes make them more motivated to deal, though the GT is more often sold with a manual than GLS for "sport".   KF
#331 of 2726 are rebates taxed?! by lrh_2003 Mar 03, 2003 (5:34 pm)
To imp180psu, thanks for your reassurnace re:fair price. I got a call today from the dealer saying he could indeed get the car I wanted. The rebate actually improved, so I get 1500 off instead of the 1000 I would have gotten if delivered last week.   To all: something I am confused about that may be specific to location (I'm in Chicago area)...are you taxed on your rebates?? Online calculaters, (Edmunds, etc.) figure taxes BEFORE subtracting rebates, yet my dealer is including this amount into figuring sales tax. So he mentioned with a 1500 rebate now my taxes will increase a little. I questioned this, stating my research suggests that rebates come off after, but he said he "wasn't sure if it was IL specific or something but that's what they did". Anybody have any knowledge of this practice differing by location? Is this accurate info? Thanks a bunch. I am excited to be getting my new GLS but am trying to avoid "buyers remorse!" -LH
#332 of 2726 Just bought Elantra4drGT by mjch Mar 09, 2003 (6:32 am)
Hi, I'm new to the town hall. I just bought my first Hyundai ElantraGT 4dr 5sp with a moonroof and will take deliverary on Tues. My purchase price was $13051 plus TT&R less $1500 rebate for a total after everything of $14265. This was a big step for me as I've never driven anything other than GM vehicles, but they could not touch the features available for any where near this price. So far, dealer experience has been good. This was the only 5sp 4dr available in NY. Will post again after I've has some experience with the car. Wish me luck!!!
#333 of 2726 Thinking about buying Elantra GT by mratliff Mar 11, 2003 (6:16 am)
Hey guys! I'm considering buying an Elantra GT 5 speed soon, but I have a question. I have spoke to several dealers around my area, and one in particular says that they will sell an Elantra GT to me $100 over invoice. My question to you guys is this a good thing? This will be my very first time buying a brand new car, so I'm a little new at this.
#334 of 2726 Thinking about buying elantraGT by mjch Mar 11, 2003 (1:09 pm)
MRatliff,   That's pretty much the same deal I got ($100 over dealer invoice) and the rebate pretty much took care of the taxes. It felt like a pretty good deal to me. Are you looking at the 4 dr or the hatchback? We could only find one 4 dr 5 sp in all of NYS. Hatches were much more available.

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