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Prices Paid: Buying & Leasing Experiences Hyundai Elantra Prices Paid and Buying Experience
2726 messages, Last post on Sep 05, 2008 at 7:18 PM
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I'm here in Biloxi MS and I'm really interested in an 04 GLS w/#3package. This will be my first new car purchase. The internet guy quoted me a price of $12,562.00 after 1,500 rebates/taxes/fees. I have a junky 93 pontiac gt to trade (at most $500) and am in the military another $500. So grand total would probably be around $11,500 Is that a fair price for this car? But i'm a little bit pessemistic about me getting financed with my 641 credit score  . I do have a little money for a downpayment (2,500). Any input is welcome.
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Replying to: flipexed (Oct 06, 2004 12:48 pm) In terms of the price of the car, I can't really help you there. My wife's Elantra is a 2002, and it was purchased back at the end of 2001. I honestly haven't kept up with the Elantra prices since we bought hers back then - Plus we are in a different part of the country than you. Scan back through some of these other posts, and you should get a pretty good idea of what is a good deal, and what isn't. I can tell you that you should be able to get something off that internet quote. I have never had a dealer quote me their "best" price over e-mail. |
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Thankyou for the response. I took your advice and have obtained 6% preapproval from a credit union. I've also been checking the other hyundai dealerships around here. A few in New Orleans and one in Alabama. The prices quoted by each are quite similir and only off by a couple hundred. So there would be no cost benefit to drive that extra hour to another dealership. One thing thats bothering me though the original car salesman that quoted me $12,562.00 has now changed the quote to around $13,000 with an out the door price of close to around $14,000. That seems a little shady to me, that and a new carsalesman is dealing with me now, his story was that his boss told him the wrong price. I've done some email tag contesting the price, following the EDMUNDS tips with no avail. I'm due for a visit next tuesday to test drive the car, i'm thinking i should'nt go in until the price goes down in my favor. I'm getting bad vibes from this local dealership, Should I just go elsewhere or give em a chance and go for that test drive?
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Replying to: flipexed (Oct 08, 2004 9:36 pm) I would still be firm on the Edmumds TMV pricing as a guide. The 04's have a $1500 rebate that should help get that pricing down. I am in New Orleans and have done business with both local Hyundai dealers with no problems. ElantraStan |
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Replying to: flipexed (Oct 08, 2004 9:36 pm) I NEVER talk in terms of monthly payments when I am at a dealership. I break the deal down into 3 parts: 1) We first negotiate and agree on the price of the car. 2) Then, we negotiate and agree on the value of the trade-in. 3) Lastly, I will tell the dealer that I have been preapproved for my own financing and the interest rate is X%(6% in your case). I also tell them that they may run my credit and try to beat the interest rate if they want. I have encountered some dealers that just told me up front that they wouldn't be able to beat it, but in other cases, the dealer has been able to beat the rate I walked in with. Also tell them how many months you want to finance for. I take a financial calculator with me that will calculate monthly payments. I like to "check behind" the finance guy to make sure that when he tells me X number of dollars financed for 36 months at X percentage rate is such and such per month. You would be suprised how many people go into dealerships and say they want to pay $300 / month, and never even bother to ask what interest rate they are getting, or how many months they will be paying that $300 - just so long as they get to that $300 / month figure. |
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| One other thing you might do is go to carsdirect.com. You can select the options based on the car the dealer has and if the Carsdirect price is lower tell the dealer that's the most you will pay. Tell them that if they can't meet the price you will buy it from Carsdirect. | |
Hi, I'm new to posting but have been reading this board the last couple of days doing research. Thanks for all the input everyone! It's been very informative  My question is I've found a 2003 Elantra GT Hatchback at 19,600 miles, leather interior and moonroof for $11,300. It's very clean inside and out with no visible problems. I'm going to get a history of the vehicle, but first I wanted to know if this seemed like a fair price. In my opinion, it seems like a really good deal. I went to the dealership yesterday and negotiated a price of $15,250 for a brand new 2004 Elantra GT Hatch (same options as above). Does anyone have input on the used and or new prices I've mentioned? Any help would be greatly appreciated.
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Replying to: tishlu (Oct 22, 2004 6:47 am) As for used, $11,300 sounds about right, if it's been well-maintained and is in outstanding condition. |
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Replying to: tishlu (Oct 22, 2004 6:47 am) What are the additional options from base that you're looking at? I paid $11,622 for an '04 with eight miles on the odometer, but it was stickshift with no moonroof/abs/anything. On the other hand, the '04 has nicer leather and a Kenwood, among other lesser improvements from the '03. I hope you're looking at an auto, as a stick for $11k+ at 19k doesn't seem like that good a deal. Edmunds lists a silver 03 hatch with auto/sunroof in silver where I am (South Carolina) and that mileage right at $11,373 as dealer retail, so it sounds about right. |
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I got a new car last week-end and would like to share positive experience. It is Silver '05 GLS MT with no options. Well it comes standard with everything that I need. Bought it at Champion Hyundai in Houston. E-mailed to 5-6 dealerships in the area and received a few quotes. I didn't negotiate and agreed to buy a car from a dealer who provided the best price. There was no surprises at the dealership. 5 minutes in the finance department but had to wait 1 - 1.5 hours for detailing. Paid 10788+TTL + 50$ doc fee + 28$ inventory fee for a total of 11677$ Good car, good price, good service. Highly recommend. |
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