Last post on Dec 07, 2012 at 10:13 PM
You are in the Hyundai Accent
What is this discussion about?
Hyundai Accent, Hatchback, Sedan
#66 of 95 Re: Govt. Data [wantecon]
Jul 23, 2008 (3:51 pm)
FWIW, Accent is available for under $10k OTD at dealers such as Towne Hyundai. Their latest advertised price is $6,899 for a GS with automatic and A/C, or they offer Internet pricing on any Accent of $1600 under invoice before rebates.
#67 of 95 Re: Govt. Data [backy]
Jul 23, 2008 (6:13 pm)
I don't think so. There's got to be a catch somewhere in the fine print. Such as, " includes $xxxx.00 cash, trade equity" or " includes all applicable rebates and incentives" , which unless you are freshly out of college and graduated in the past 6 mos., you don't qualify for the college grad rebate. Besides, there's a big difference between $1,600 below invoice before rebates and $6,899. It doesn't make sense and unless you are a rube, you can't possibly think that in 2008 you are going to be out the door in ANYTHING new for $6,899. Not even a Yugo, if god forbid, they were still available.
#68 of 95 Re: Govt. Data [wantecon]
Jul 23, 2008 (6:27 pm)
Adding in the college grad rebate would still put the OTD price under $10k.
Maybe it's what they call in the trade a "loss leader"?
Anyway, it's clear that even if the $6,899 offer has special conditions, the Internet pricing is available to anyone who asks for it. Example:
GS invoice: $11,160
Less $1,600 = $9,560
Less rebate ($1000 in NJ; it's $1500 in some other states): $8,560
More than enough room to get OTD for under $10k.
#69 of 95 Re: Govt. Data [backy]
Jul 23, 2008 (7:50 pm)
That's funny. I never heard of a loss leader in the new car business. Loss leaders are meant to pull you in to buy something else in ADDITION to the loss leader item. For example, the supermarket offers bananas at .10/ pound, knowing that while you're in their store you'll buy milk, bread, condoms, etc. at the not so loss leader like price. Thus stated, it isn't like you're gonna walk in to buy the loss leader Accent and walk out with an Azerra or Genesis also. LOL Look, a new Accent isn't going to sell that cheap. If it was, then used 2007's would not be going for 9000 plus on eBay with the 100k mile warranty dropping to 60k for the 2nd owner. I just sold my 2007 GS with power package and 21,500 miles for $9,400 and that still was a good deal for the buyer because it was a good $800 below private party book value KBB, NADA. Hyundai is not hurting like GM and Ford, believe me. They don't need a loss leader when this vehicle is in demand. Read the fine print, I'm telling you that you are NOT OTD for under 10k on a new Accent. P-E-R-I-O-D. Or better yet, go to the dealer and report back here when reality sets in.
#70 of 95 Re: Govt. Data [wantecon]
Jul 24, 2008 (5:47 am)
A loss leader can also be used to pull someone in to buy a different product than he/she was thinking of. As in, "Oh, sorry, just sold the last of those $6988 Accents. How about a nice GLS for $12,000, or SE for $13k?" Or maybe an Elantra. Who knows, I'm not the Hyundai sales rep.
You can dispute hard facts all you want. The point is, you are wrong (as in, W-R-O-N-G). It is very possible to buy a new Accent for under $10k. Go to the Towne Hyundai web site, look at their Internet pricing on the Accent, published for all to see, look up the invoice price on the Accent GS (here at Edmunds.com for example), and you can verify this fact for yourself. Reality has set in. You simply refuse to acknowledge it.
You also may not be aware that used fuel-efficient cars are often selling for more than new models now. I think that's very odd, but I've confirmed it via multiple reports here as well as by checking pricing in my own town. For example, dealers in my area are routinely charging more than current MSRP for used Civics. And I see that even used 2008 Sonata GLSes with 20k miles or more are selling for what I could get a new 2009 (a better car at that) for at dealers like Towne. Go figure. So in today's world, getting $9400 for your Accent isn't all that exceptional, and in fact you said that yourself in that you sold it for well under KBB value. Why, I don't know. Maybe you've heard: gas is $4 a gallon, and small cars are in immense demand. Maybe you should have asked over KBB for your Accent?
#71 of 95 Re: Govt. Data [backy]
Jul 24, 2008 (6:51 am)
Try to calm down and stay civil, my friend. My car was sold on eBay, on an auction. I believe you are confusing "loss leader" with "bait and switch" which you just described. They are two seperate things. Perhaps you should run to Towne Hyundai and drop down your $6899 or whatever paltry sum you mentioned and hope that you don't get "bait and switched" or as you call it, "loss leadered" into a Sonata. Being that I sold my Accent, I no longer have a need to discuss anything on this forum, which has devolved from "real world mileage" to this. Good luck to you and, "let the buyer beware".
#72 of 95 Re: Govt. Data [wantecon]
Jul 24, 2008 (7:13 am)
Sorry my friend, but in Pensacola, FL they are selling for well under the 10K figure, and even the Elantra is under 10K, so you haven't been doing your homework in shopping around. Along the FL panhandle and into Mobile AL they are doing a booming business selling them under the 10K prices.
#73 of 95 Re: Govt. Data [wantecon]
Jul 24, 2008 (8:13 am)
Hello, I wasn't the one who took a little "fwiw" comment about the fact that Accents can be had for under $10k and blew it up into a huge deal, with the capital letters with hyphens. You took it there, my friend. Maybe next time you want to challenge a point of fact posted by someone, do a little research first before making a big, personal deal out of it.
#74 of 95 Re: mpg a bit low for a small hatchback [kuripot]
Jul 24, 2008 (9:14 am)
UPDATE, Here are the mileage results since day 1. 80/20 highway/city
Jul 24, 2008 (3:14 pm)
I'm in Washington and don't have any plans to fly to NJ or Florida to buy a car.
I have hard numbers. I could walk down to the dealer and buy a new 2008 base model Accent, without the A/C & the radio, for a hair under $10,000 even after paying WA State sales tax and all the dealer fees. So could anyone else for that matter, they have about eight of them in stock. The advertised price is $8995 but after you pay the little dealer nits & picks plus sales tax the final bill (the only one I care about) is $10,000.
This is in the Seattle area with the current $1500 Hyundai incentive. If I could buy one for $7000 I'd buy it just to have a spare car.
Those milage numbers look really good. Once again, that really reinforces that Hyundai has the least expensive thing to operate on the road..... bar none.