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You are in the Prices Paid - Buying & Leasing Experiences
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Hyundai Elantra, Hatchback, Sedan
#3683 of 4450 Who pays MSRP + markup???
May 24, 2011 (10:09 pm)
I went to San Francisco Hyundai dealer this past weekend. The selling price for all 2011 Elantra is firm on MSRP + $2000 "market adjustment" (dealer markup). As for Sonata: MSRP + 1500 markup.
America has 9% unemployment rate, 17% under-employment rate; most states have over 10% unemployment rate. It is worst in CA, 12+%. I really wonder who are these people finding the money to pay at MSRP. Are you able to borrow the printing press from Federal Reserve and print US dollars?
Only fools pay MSRP. What should we call those that pay MSRP + markup?
#3684 of 4450 Re: Good offer? [lawyerdude]
May 25, 2011 (10:37 am)
$21,989 plus freight (which is $750) is right about MSRP prior to the recent price hike; the current MSRP including freight is $23,045. So that is not a great price, although in this seller's market it might be about as good as you'll get for car "almost impossible to find".
#3685 of 4450 Re: Who pays MSRP + markup??? [psgame2k]
May 25, 2011 (2:46 pm)
They wouldn't be marking up the prices that much if they weren't selling them. My price of 19500 for the Limited w/o nav seems great by comparison.
If only they had had a elantra turbo version. My one regret with this car is the. Engine
#3686 of 4450 Re: Who pays MSRP + markup??? [psgame2k]
May 26, 2011 (11:57 am)
2011 Sonata's are going for Invoice price or below in Portland OR.
May 27, 2011 (4:29 am)
A reporter would like to talk with someone who recently traded in a Honda or Toyota for a Hyundai, Kia, Ford or Chevy. Please email predmunds.com by Friday, June 3, 2011 with your daytime contact information, the car models involved and a few words about your decision.
#3688 of 4450 Just got my 2012 Elantra
May 28, 2011 (7:04 am)
Here's the deal:
2012 Elantra GLS in white with the preferred package, homelink mirror, mats, and the spare tire (doesn't come with one). It comes with fix a flat and a compressor so we asked them to add it.
I traded in my 2008 Elantra SE w/ 72,000 miles.
2012 $19,150 pretty much MSRP, but they gave me $500 above TMV for my trade and included the spare tire and tools which is $360ish.
Tax 7.0% $638
Tag fee $45
Doc stamps $72
It was a great experience. The dealership got a ton of cars in for the Memorial Day weekend, which was great because they had white! I was there a couple days earlier and their lot was pretty much empty. The salesman was awesome. So happy with car and glad I saved about $1k which is what I need to put into my old car.
#3689 of 4450 Re: Just got my 2012 Elantra [kmonnia]
May 28, 2011 (8:24 am)
with all-do respect,you got screwed over just like everyone else who is paying full msrp for these cars.no car,regardless how hot it is or how popular it is is worth msrp.imagine if everybody who looked at the new elantra with the intent to purchase refused to pay the full msrp than the selling dealers would have no choice than to discount the car.
#3690 of 4450 Re: Just got my 2012 Elantra [kmonnia]
May 28, 2011 (7:42 pm)
Don't listen to steve it sounds like a very good deal to me considering how hot the product is..........just curious how much u got for your 08 SE????Did your old SE have an automatic?Did it have any options?How good was the condition?
#3691 of 4450 Re: Just got my 2012 Elantra [steven39]
May 29, 2011 (7:41 am)
You are 100% right, even though Hyundai has been getting good reviews they haven't earned the right to get sticker. I have a BMW and 2 Toyotas and I've never paid sticker. I don't know what they think they're doing besides pissing a lot of people off. I had to walk out of the dealer yesterday, after wasting over 2 hours negotiating on a 2012 Elantra with a sticker of 19,445 preferred pkg, mats, I pod cable and a few other things, first they told me there were dealer installed items like door guards and other things that drove the price up over 20,000. I told him I don't need any of those extra items, offered 17, 600 probably a little low but that was my starting point. After the routine of the first salesman then his boss then a check with the invisible manager in the back and so on, the price was still 19,445. Of course he's giving me the limited quantities story, no one else has these cars, I wanted the Desert bronze which he had and it is a little hard to find, but I'm still not paying sticker, so I left. I went home searched other dealers and found quite a few, not the desert bronze,....so I emailed him back with an offer of 18,000, I think 1400 off sticker is reasonable if not, they lost a customer.
#3692 of 4450 Re: Just got my 2012 Elantra [bigdancin]
May 29, 2011 (8:02 am)
The condition of my car was very good, although it did need quite a few things. Tires, cabin filter, radiator fluid, transmission fluid, and a couple other small maintenance items. Probably would have run about $800. Instead of spending the money, I upgraded. I had an SE with heated seats, spoiler, sunroof. The issue is that I drive a lot. The car had 72,000 miles. They gave me $10,000. I probably could have gotten a little more for it, but I am very happy with my deal/experience.
I guess I could keep wasting my time going from dealer to dealer, spending two hours at a time, and leaving frustrated. But, instead, I knew what I wanted for my trade, knew how much I should pay (based on feedback from this forum), and was very happy they had the color I wanted and a 2012. So, I am happy with my transaction. It was pleasant and I love the car! Just got the windows tinted yesterday and it looks awesome!