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Hyundai Elantra Prices Paid and Buying Experience

2774 messages,  Last post on Oct 07, 2008 at 10:15 AM

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


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#992 of 2774
Elantra prices in Indiana, Ohio region by timtheforester
Jun 06, 2005 (1:50 pm)
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I enjoy reading eveyone's posts, thanks for all the information. I've decided I want a 5 door GLS Elantra, preferably 5 speed (because of the price) with as few options as possible. I basically want a reliable car that is comfortable enough for long trips.
 
As I have done some exploring, and negotiating, the price I am looking at, is around 14,150 (exclu. title, tags, tax, etc.; around 15,400 OTD) and includes package 3 (cd and cruise). That excludes the rebate because i am planning on financing at 0% but it still seems high, especially in light of some of the other posts.
 
The dealership I went to was in Lima, OH, so probably smaller than those in San Francisco, or D.C. but...I still expected a better price. Any information on how I can negotiate the price down, or why it is so high would be appreciated. Additionally, if anyone has bought an Elantra in Indi, Cincinnati, Columbus, Dayton, Toledo, Ft. Wayne and has price information I would love to hear it. Thanks.
#993 of 2774
Re: Elantra prices in Indiana, Ohio region [timtheforester] by backy
Jun 06, 2005 (2:11 pm)
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Replying to: timtheforester (Jun 06, 2005 1:50 pm)

$14,150 is $524 over invoice. Since the dealership is small they may not want to go any lower. So it pays to look around in the nearby cities as you are doing. Have you actually negotiated with the Lima dealer or is this their initial offer? If so, you can counter-offer. Another way you could save is, if you don't need cruise, go with an un-optioned car, which is $600 less (502 invoice). You could get a better-than-factory CD w/MP3 unit at Best Buy etc. for about $200.
#994 of 2774
Re: Elantra prices in Indiana, Ohio region [backy] by timtheforester
Jun 06, 2005 (8:45 pm)
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Replying to: backy (Jun 06, 2005 2:11 pm)

I did some negotiating but they were pretty set that they had a price and needed to stick with that. A related question, how much under or over invoice would be typically considered reasonable for Elantra's?
 
Also, did some more shopping today and received a quote of 15494 for a 5 door, automatic, with sunroof, cd, cruise, floor mats, mud flaps. It is around $300 over the listed invoice but that relates to my question above. From other posts, it seemed people were getting prices under the listed invoice but I am certainly not there yet.
 
Thanks for the reply, and again, any information is appreciated.
#995 of 2774
Re: Elantra prices in Indiana, Ohio region [timtheforester] by backy
Jun 06, 2005 (9:05 pm)
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Replying to: timtheforester (Jun 06, 2005 8:45 pm)

Only the dealer can tell you what a reasonable price is, for them. Only they know their costs of doing business and what they need to make on each car. And only they know what if any hidden incentives there are for them to sell a car to you, today. That's why you need to check with several dealers in the area.
 
For me personally, in today's market I wouldn't pay over invoice (before rebates) on an Elantra, and I would try like heck to get under invoice. But that's in a big-city Midwestern market with several large dealers to choose from--dealers that don't charge the "advertising fee" that is non-optional with many Hyundai dealers.
 
$300 over invoice is better, and consider also a car with automatic and sunroof may be easier to sell down the road, if you aren't planning on driving it into the ground. And the automatic tranny is covered under the 10-year/100k powertrain warranty while the clutch is not.
#996 of 2774
05 Elantra GT by dryice
Jun 07, 2005 (6:22 am)
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05 Elantra GT automatic with leather,sunroof cd, cruise, floor mats, mud flaps.
 
got it for $14000 in Raleigh NC
 
is this a good deal?
#997 of 2774
Re: 05 Elantra GT [dryice] by willr7559
Jun 09, 2005 (7:28 am)
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Replying to: dryice (Jun 07, 2005 6:22 am)

I'm starting to look at the Elantra. Did your price of $14000 include any rebates? What sold you on the Elantra GT?
 
Thanks...
#998 of 2774
Re: 05 Elantra GT [dryice] by dryice
Jun 09, 2005 (9:01 am)
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yeah the $1500 rebate.
 
no trade in
 
We test drove civic, corolla, ION... the elantra had the best performance/price ratio. also, the design striks me as very well thought out. The engine layout is very clean w/ no exposed wire root, compared to sentra & corolla. I think Hyundai is like the Toyota in the early 90s when they made some really outstanding/reliable cars.
#999 of 2774
Re: 05 Elantra GT [dryice] by smith20
Jun 09, 2005 (10:00 am)
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Replying to: dryice (Jun 07, 2005 6:22 am)

05 Elantra GT automatic with leather,sunroof cd, cruise, floor mats, mud flaps.
  
got it for $14000 in Raleigh NC
  
is this a good deal?

 
Seems to me like you got a pretty good deal. Looks like a few hundred dollars below invoice before the $1,500 rebate.
#1000 of 2774
Quoted Price: Should I Continue to Haggle? by twistylocs
Jun 09, 2005 (11:40 pm)
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I just received a bid from a dealer in the Lower Mainland (Vancouver area) of $21,800 (Canadian) -- out the door price -- for a 2005 GT 5-door A/T w/ sunroof. This includes all taxes, freight/PDI, documentation fees and environmental levies.
 
This is significantly lower than the bid I got from Open Road Hyundai in Richmond - interestingly enough when I asked them to fax me a signed counter-bid, the salesman refused to do it. Instead he wanted to haggle by phone. An aside: If the salesperson isn't willing to meet a very simple request like "Fax me a quote, I'm not interested in talking about this over the phone", I feel like he doesn't deserve my business.
 
Since this is the first car I've ever purchased, I'm wondering if I should continue to haggle for a better price, or should I go ahead and take this offer? Also, was I wrong to tell the salesman at Open Road that if he couldn't follow a simple request that I wasn't interested in doing business with him anymore?
 
I'm still waiting on other bids to come in, but it seems that these days dealers don't seem to be too willing to reply to faxed call-for-bids letters. Out of 6 faxes I sent the other day, so far I've only received one reply.
#1001 of 2774
Re: Quoted Price: Should I Continue to Haggle? [twistylocs] by smith20
Jun 10, 2005 (4:33 am)
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Replying to: twistylocs (Jun 09, 2005 11:40 pm)

If you can, maybe try email correspondence. We had good success with that method a year ago when purchasing an Elantra. In addition to sending out email quote requests, we haggled in person at the dealership just a few miles from our house . . . that was a terrible experience. We spent two hours at that place and after all that they still quoted us near MSRP!!! It was a ridiculous waste of time. They handshake agreed to a great price, but then a half hour later when they came back with the paperwork (they just twiddled their thumbs in the back for a half-hour, I'm sure), they effectively said, "oops I made a mistake it's really this price" . . . which was $2,000 more than verbal agreement. Of course they were hoping we'd be impatient and just sign anyway. Disgusted with this tactic, we just got up and left. The sales person wants to haggle with you because they feel they can make more money that way. There's no other reason they'd do it.
 
For us personally, we'll never again waste time going in person . . . it's so much easier and less time-wasting using remote correspondence. It gives you time to think about the details of their offer without pressure. There is absolutely nothing wrong with you asking for a simple quote. If they don't want to deal that way, don't buy from them. In my opinion, you can seek price quotes however you feel most comfortable.

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