Last post on Dec 08, 2013 at 4:09 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Hyundai Elantra, Hatchback, Sedan
#3280 of 4451 3268-3278 Really Interesting Information! Hyundai Car
Jan 12, 2010 (6:49 pm)
My son's father signed for him to have a car to attend a local university last July, 2009; now we're in the middle of January, 2010 with only 1,400 miles on his 2009! I read "Consumer's Report" books June, 2008 about what his dad could buy and wrangled for a 2008 Hyundai Elantra GLS for HIM (long story).
They didn't have "Cash for Clunkers" 2008, but I used the factory website's rebates of $2000 + internet contact before auto dealership visit for $500. The factory makes a person think it's only good for that month only that whole year! Each month they change it up or down but usually go up to $2000.
I was only able to get him an $18,500 new car 2008 in July 2008 down to $16,000. I know to never pay the "MSRP" nor the "factory invoice price" (come near it...or try to be ridiculously low the 2nd year around for my son). Then I was smarter in 2009 for my son's 2009 Hyundai Elantra GLS car. I utilized "Cash 4 Clunkers" for my much older 1985 Ford Crown Victoria needing lots of work; it's engine was ready to blow! I was able to drive it there. Price was $18,900 for the same car...2009 on July, 31, 2009 Hyundai Elantra GLS (but doesn't have that electronic stability control which I don't know the difference in drivability) in metallic gray color.
"Cash 4 Clunkers" gave me $4500 for my 1985 Ford Crown Victoria, internet $500 to dealership down the road, wanted to charge $13,500 and not $18,900 which I said TOO MUCH! The sales person didn't look happy dealing with me, again, a year later as he said he had to talk to the GM. The GM told the salesman to ask me to write down a figure I wanted the car to be. I wrote $10,000!!! Salesman and GM had a fit over that one!
I was ready to leave though I knew my son needed the car and mine wouldn't get him and I home 3 miles plus needed a car for college nor probably not start. I had placed lots of money in fixing with new parts that year figuring it was going to get crushed with my spending $1500 on her with these new tires and electronic components (battery related on down) and needed other things. Then they said OK to the $10,000!!! I was so happy for my son. His dad lives further away and is paying on it.
This senior citizen misses my car, but that's okay. I sold my other 2 broken down Crown Victorias we 2 needed the money and not have to look at 2 broken down Crown Victorias while thinking of mine. All I knew and drove was 1982-1987 Ford Crown Victorias for 17 years and low miles or high highway miles.
I learned to NOT buy "GAP" insurance from the dealership as it's 1/2 the cost from my auto insurance company. My auto insurance said even the 2008 being a year old could have had the GAP placed on it being a year old. Someone told me I could have saved on the factory warranty going elsewhere, but I don't know about that and was too afraid to not take their warranty at the dealership. I was refusing the lady in her office various things not necessary who specializes in those factory warranties telling her "no" to different things as the price could keep tickkering up! She did the same thing as the year before on the 2008 using scare stories about a teen's death and such peoples accidents being disabled from not having certain things. I feel I got a nice deal for my son, his keeping his mileage down with mixed driving of town and interstates, and not having to have a warranty visit at Precision Tune, yet. We get lots of coupons from the website and the lady at the counter $10 off when I had my cars.
The 2008 belongs to his dad having 36,700 miles with his traveling for his jobs (non-reimbursed), living somewhere else, and coming to visit his son at our apartment.
I wrote to ask a question here about his dad's 2008 as it takes away from my resources when he has car visits for his warranty with all the miles on it. He won't care or think about being underwater with high mileage before he can pay it off. I do as it affects me financially.
Again, I really learned alot and enjoyed comments 3268-3278. I didn't check out the rest. The one with the tinted windows and alloy wheels Hyundai sounds nice.
Enjoy your cars!
#3281 of 4451 Re: incentives [tommiez]
Jan 13, 2010 (3:14 pm)
According to info I read on Edmunds, the $1500 rebate is good until March 31. Also, if I read the Hyundai offer correctly, if you finance with Hyundai, you get an additional $1500 rebate. I got this offer on email from a dealer in the Boston area. I plan on buying a 2010 Elantra (assuming my test drive goes well), and a $3000 rebate will definitely help me take the plunge. Any comments on these rebates?
#3282 of 4451 Re: incentives [mikey88]
Jan 13, 2010 (4:23 pm)
I would definitely take advantage of the $3000 rebate - it's a very good deal. I live on the west coast and am unable to do this. For some reason they have the rebates set up differently depending on your zip code. And was disappointed to learn that here in California they only offer one $1500 cash cash rebate and it cannot be combined with the $1500 financing rebate. .
#3283 of 4451 Re: incentives [mikey88]
Jan 13, 2010 (5:31 pm)
According to hyundaiusa.com, you cannot combine the $1500 customer rebate and the special financing offer.
#3284 of 4451 Re: incentives [backy]
Jan 13, 2010 (6:13 pm)
I'll have to check into this further with local dealer. It does sound like it's too good an offer. But $1500 is still a decent rebate if they keep it thru March. Thanks for the info.
#3285 of 4451 Re: incentives [backy]
Jan 17, 2010 (11:44 am)
Someone needs to tell the DEALERS this because they are ADVERTISING ALL CASH BACK INCENTIVES/REBATES to advertised prices IN PRINT! How frustrating to go there and find out that NO you can't get the Elantra Sedan they posted in their ad for now $11,999 because you do not qualify for ALL of the incentives.
$1,500 Rebate - from Manufacturer - nothing to do with the Dealer
$ 400 Military
$ 500 College Grad (within 6-months of graduating or graduated 6-months ago)
$1,000 Cash/Trade (this was explained to me in a funny way - it was told to me that's taking in consideration of $1,000 cash down on the car). Again - I was not born yesterday - but the way I read it is $1,000 cash for your trade-in, another dealer confirmed my thoughts.
Check out the fine print in the paper - you'll see the price reflects the discounts (ALL OF THEM BUNDLED - which you'll not receive). READ READ READ! We may head back to the Honda Dealer now over this mix-up.
#3286 of 4451 Re: incentives [consumerwise]
Jan 17, 2010 (6:24 pm)
The Hyundai USA web site states that the $1500 Elantra cash rebate expires on Feb 1st but the Edmunds TMV pricing report shows an expiration date of March 31st for this rebate. I am planning to purchase a new Elantra toward the end of March and am wondering which date is accurate. I'm sure if I ask a local dealer they'll say it expires Feb 1st to get me to buy now. Just wondering if anyone else noticed this discrepancy and which date is correct. I guess I could call Hyundai HQ and ask but I'm not sure if that will explain why Edmunds has a different date. Any thoughts on this?
#3287 of 4451 Re: incentives [consumerwise]
Jan 18, 2010 (6:18 am)
I hate to say it, but there are many dealers that post similar ads. BRAND NEW VEHICLE (insert name) only $15,000. (Then the fine print - with $5000 cash or trade) So it doesn't apply to only the Hyundai dealers. Yes even the Honda places do it too.
#3288 of 4451 Re: incentives [mikey88]
Jan 19, 2010 (5:47 am)
What worries me about the push for the GAP warranties is that - what - they don't believe in their product??? Didn't give me a warm fuzzy after purchasing a vehicle to buy GAP insurance. We declined and may try our insurance company to see how much it is - since we have a year to decide.
Right now ad in paper says you can get a base model Elantra 4-door for $11,900 but that's including all the rebates no one (but perhaps a handful of people who are in military, and just graduated from college) can get. Still think it's shady how they group all discounts into the advertised printed price even though one didn't apply to the Elantra at all.
You got a great deal $10,000! Way to go. I suspect our deal on the E/T would have been much better if the cash for clunkers was still in effect. I applaud your good deal! Nice to hear some people do so well.
#3289 of 4451 Re: incentives [consumerwise]
Jan 19, 2010 (7:18 am)
What worries me about the push for the GAP warranties is that - what - they don't believe in their product???
No, more like the dealers believe in padding their profit margins.