Last post on Nov 25, 2008 at 5:55 PM
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Hyundai Elantra, Sedan
#1286 of 1634 Re: November Sales [moparbad]
Dec 07, 2006 (10:16 pm)
Hyundai sales we down 14.9% in November compared to November of 2005. Hope this is not a trend. On the other hand, sister division Kia was up over 10% compared to November last year.
Hyundai of Santa Ana and Hyundai of Irvine in California have a ton of 07 Elantra GLS and a few SEs on their lots. No Limited's in sight though. I know back in October Santa Ana Hyundai had a Limited.
#1287 of 1634 Re: November Sales [spmrebel]
Dec 08, 2006 (3:53 pm)
We can't be suprised that the numbers are down considering that 07 Elantras are hard to find. I've been looking for an 07 SE or LTD to test drive but there are not any available!! A few 06 Elantras available but not 07s. Well I'll just have to wait!!
#1288 of 1634 Re: November Sales [butterflyjones]
Dec 08, 2006 (5:11 pm)
Here is southern CA we have a lot of 06 and 07 Elantras at most dealerships I have been to. It doesn't seem to be the lack of 07 or 06 around here. I think its more to do possibly with the auto industry as a whole, competition, higher prices for the 07 Elantra, lack of good rebates or any on the 06 and 07 respectively.
#1289 of 1634 Re: November Sales [spmrebel]
Dec 08, 2006 (7:34 pm)
It should be noted while HMA had a declining month, HMC actually enjoyed a great November (global-wise). The trend is likely to continue for HMA in December, given last year Hyundai USA moved 20K units of the Sonata, and as a result, I am not sure if HMA is able to achieve the same figure. As for the Elantra, indeed short supply, along with the Accent (while some dealers might have allocations, most dealers only have a few units on hand).
From sales standpoint, HMA should finish the year with a modest gain, although not as high as targeted (do keep in mind the scandal and the strike have both affected production at a great deal).
And, the new Hyundai Elantra is priced about the same as the outgoing model (but overall more features and equipment), with starting MSRP actually lower. Trims and options are in line as well with the 06 Elantra.
#1290 of 1634 Re: November Sales [spmrebel]
Dec 08, 2006 (7:54 pm)
Sales are down, with the probable exception of Honda and Toyota, across the board. I have a very good friend who is a salesman for a Dodge/Jeep dealer, and he is having a very bad month - after, a very bad year.
Our local Toyota dealer has over 20 Toyota Prius models in stock at the moment, and the Prius used to fly off dealer lots.
I think the economy is not as good as Washington wants us to believe. Plus, December is always a rough time for the new car industry, as most everyone is spending money they haven't earned yet on Christmas shopping. Conversely, that's what makes December a great time to buy a car. Dealers will deal at this time of the year.
#1291 of 1634 Re: November Sales [w9cw]
Dec 08, 2006 (8:00 pm)
Yeah sales are down this past month in the US, almost across the board. The domestics did okay, actually (at least two out three) thank god - but DCX had huge incentives and still boats loads of 06 inventory. Toyota seemed to be doing everything right, and Honda actually, just barely had a gain for Nov., less than one percentage point, if I recall.
Alright, back to Elantra...
#1292 of 1634 Re: November Sales [joe97]
Dec 09, 2006 (7:43 am)
I think it's more accurate to say that the 2007 Elantra's pricing is in line with pricing for the 2006s, if you consider the additional equipment on the 2007s. If you just look at the prices, ignoring the stripped base GLS that doesn't have A/C or stereo, the 2007s cost more. But when you factor in features on the 2007s (depending on trim line) such as the side curtains, standard ABS, telescopic wheel with audio and cruise controls, nicer gauges, XM radio with aux imput, fog lamps, interior convenience features, CD changer etc., they compensate for the higher prices. Plus you get a roomier car with better fuel economy.
#1294 of 1634 Re: November Sales [joe97]
Dec 12, 2006 (6:51 pm)
In Southern California as I mentioned the supply of Elantras are plentiful so I don't think its due to supply problems in this region. In fact Limited's are now showing up. I just got a call from a fleet manager at a local dealership wanting to make a deal on an 07. 2 other dealerships have also called about SEs they want to move.
I think one of the problems that Hyundai faces is that the Elantra is now priced so high that it is in competition with the its bigger brother the Sonata. Hyundai needs to increase rebates on 06s and 07s to move inventory.
Case in point. A friend last week bought an 07 Sonata GLS auto with option package 3 (moonroof, etc.) for 17000 before TTL. From the same dealer he was also quoted for an 07 Elantra SE auto with package 5 for 16500. The $500 more for the Sonata was well worth it since he got a more roomier car, more power, safer (larger mass) and more worth while equipment for him and family such a power drivers seat and better trip computer.
#1295 of 1634 Re: November Sales [w9cw]
Dec 12, 2006 (6:59 pm)
Agreed. Toyota had a great month (> 14%). They seem to be doing everything right. Honda increased sales also but not by much (< 5%) The auto industry as a whole is in a slight decline due to a lot of companies having the wrong product such as large SUVs and such. One of the LA dealers has also over 20 Prius. In fact, a lot of Honda dealers here also have 2 or more Honda Civic Hybrids. Both of these cars can be had for under MSRP now. For Hyundai to increase market share they will need to start offering rebates on 07 Elantra. A lot has changed in 2 years since I bought my 05 Elantra GT. I bought it on Jan 3rd 2005 for 12800 out the door including TTL (tax is 7.75%). This car MSRP was just around 17000 for the options I got (moonroof, ABS, TCS, auto, mud guards, floor mats).