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Selling my 2012 Elantra. How much will I get for it at the dealer?

26 messages,  Last post on Apr 11, 2013 at 4:53 PM

You are in the Hyundai Elantra Forum.

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

Messages Page 1 of 3

#1 of 26 Selling my 2012 Elantra. How much will I get for it at the dealer? by shemeck

Mar 07, 2012 (3:34 pm)

I am planning to return my Elantra to the dealer due to being really dissatisfied with MPG that I am getting. That was the only reason why I got this car. Im getting on average 23mpg.
It has 9k miles on it. Its a GLS auto with package that brings radio controls on steering wheel. It retails for 18k New. The condition of the car is like new(except mileage of course)
 
I went to carmax to have it appraised but I knew I will be disappointed with the price. They offered 13,500 for it.
 
How much do you think I will get for this car at Hyundai Dealership.
I cant wait to get rid of it

#2 of 26 Re: Selling my 2012 Elantra. How much will I get for it at the dealer? [shemeck] by kirstie_h HOST

Mar 07, 2012 (3:53 pm)

Replying to: shemeck (Mar 07, 2012 3:34 pm)
You might ask the folks in our Real-World Trade-In Values discussion. The issue you might face is that 2011 Elantras with similar mileage (adjusted for year) and package are trading in around 12,500, so you may not get a big premium for having a newer model year. Once it is on a dealer's lot, they'll mark it up some for profit - say, to $15K. If they pay more for it, they'd have to mark it up more - say, to 16K. If a buyer is looking at a $16K used model vs a brand new model, with full warranty and no miles for $18K, your vehicle will be hard for them to sell.

#3 of 26 Re: Selling my 2012 Elantra. How much will I get for it at the dealer? [shemeck] by drew11m

Mar 07, 2012 (4:08 pm)

Replying to: shemeck (Mar 07, 2012 3:34 pm)
I think one of the challenges with the GLS is that so many of them are coming off rental lots with 15-25K miles.
 
I would take it to various dealers and check trade-in values. Certainly should be getting more than 13.5K i would think. Heck my 11 Elantra Limited with 17K miles has trade offers from 16800-17500
 
Definitely post in the other forum. They will be able to really help. good luck!

#4 of 26 Re: Selling my 2012 Elantra. How much will I get for it at the dealer? [shemeck] by drew11m

Mar 07, 2012 (4:10 pm)

Replying to: shemeck (Mar 07, 2012 3:34 pm)
I would also seriously consider selling it yourself on Craigslist or Autotrader or something like that. You should be able to get several thousand more than a trade

#5 of 26 Re: Selling my 2012 Elantra. How much will I get for it at the dealer? [shemeck] by rudy66

Mar 07, 2012 (5:43 pm)

Replying to: shemeck (Mar 07, 2012 3:34 pm)
Try selling it via the newspaper but don't tell why you are selling it would be my advice.

#6 of 26 sell privately by rudy66

Mar 07, 2012 (5:44 pm)

#7 of 26 Re: Selling my 2012 Elantra. How much will I get for it at the dealer? [shemeck] by dodgeman07

Mar 07, 2012 (8:24 pm)

Replying to: shemeck (Mar 07, 2012 3:34 pm)
The Carmax offer seems to be what they would pay you for it in cash, not a trade-in value. I'm sure you know that but want to make sure.
 
Selling your car outright will get you the most cash but also involves more effort. I would think you could get $15k easy going this route and I'd ask for $16k to start with.
 
If you trade your Elantra in on another car? That's a different story and the value is dependent on several things besides the actual value of your car. In any event, use $15k as a minimum value. As an example: If you trade it for a new car with a $25k sticker? A dealer could show you $18k on paper for a trade value. Every situation will be different.
 
Good Luck!

#8 of 26 Re: Selling my 2012 Elantra. How much will I get for it at the dealer? [dodgeman07] by shemeck

Mar 08, 2012 (8:11 am)

Replying to: dodgeman07 (Mar 07, 2012 8:24 pm)
I think this will be my best option to trade it in for another car. I think if I just "sell it" to the dealer I will lose much more than trading it in. At the end of the day I need another car, you cant have a car in Florida. Public transportation doesn't work here.
 
My plan will be following.
1. Pick a car that I like
2. Negotiate trade in value first
3. Negotiate value of new car
 
Thanks for your help

#9 of 26 Re: Selling my 2012 Elantra. How much will I get for it at the dealer? [shemeck] by cdavidhess

Mar 08, 2012 (10:06 am)

Replying to: shemeck (Mar 07, 2012 3:34 pm)
I traded in my 2012 Elantra GLS with stick with 7,000 miles a couple of weeks ago. I received $16,000 for it. The original MSRP was $17,550. It might have just been typical BS, but my salesman said that I got such a high price for it because it was a stick. They are very rare.
 
By the way, I traded it in for a 2012 Elantra Limited.

#10 of 26 Re: Selling my 2012 Elantra. How much will I get for it at the dealer? [shemeck] by goral

Mar 09, 2012 (6:57 pm)

Replying to: shemeck (Mar 07, 2012 3:34 pm)
Here's the latest Manheim data for your car:
 
02/14/12 ORLANDO Lease $17,000 389 Avg GRAY 4G A Yes
02/14/12 ORLANDO Lease $16,600 3,888 Avg GRAY 4G A Yes
02/14/12 ORLANDO Lease $16,500 2,146 Avg SILVER 4G A Yes
02/16/12 TAMPA Regular $16,400 9,723 Avg GREY 4G A Yes
02/21/12 PHOENIX Regular $16,000 19,661 Below WHITE 4G A Yes
02/22/12 HRSNBURG Lease $18,000 3,970 Above SILVER 4G A Yes
02/23/12 TAMPA Regular $16,000 4,516 Below SILVER 4G M Yes
03/01/12 FRDKBURG Lease $17,400 8,916 Avg RED 4G A Yes
03/08/12 TAMPA Regular $17,400 5,086 Avg BLACK 4G A Yes

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