Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Honda Civic vs. Hyundai Elantra

1202123252654

Comments

  • liufeiliufei Posts: 201
    Actually, the 4dr Elantra has an even better (5&5 star) side crash score as opposed to the 4dr Civic (5&4star).
    It will be interesting to see Elantra's score for the frontal crash test.
  • soberssobers Posts: 496
    Ofcourse the diff is 333. If u read my response carefully: is $2000-333 = 1670 means that the guy who says Civic is costlier than 2000, is is actually 1670 considering the mileage cost per year. This cash will be more than enough returned after 3-4 years in resale.

    Getting manual for mostly highway driving makes sense to me as initial $$ saved & fun factor/control it gives.
  • hkchanhkchan Posts: 420
    "Looking at up front cost, insurance, fuel cost and financing the Civic will cost me $40 more per month for 48 months in payments. Over four years that comes to about $2000.00 more."
    "I drive about 20,000 mi/yr and I calculated the gas cost at $1.60/gallon."
    That's what kevperro1 said. Not 100% sure, but I take it that he took into account the fuel savings on the Civic already. Even if he did not, sobers, why would you take into account the fuel savings in just one year?
  • liufeiliufei Posts: 201
    Ok, I didn't realize that your reply is specific to kevperro1's case. My bad.

    Lets dissect the number specific to kevperro's case then.
    Invoice price
    Civic LX(auto):$14,959 (option=side airbag)
    Elantra GLS(auto):$12,671-$500rebate=$12,171
    Main difference=lack of cruise control in Elantra and Civic's 14' wheel compared to 15' wheel.

    For Sales Tax @5% difference = (2288*0.05)=$114

    Consider $2000 downpayment & finance over 48 month @ 6.9%APR:
    Civic LX: $364.49/month
    Elantra GLS: approx $296.56/month

    Fuel cost for combined city & highway @20000 miles/year:
    Civic LX:(20000/12)/34 * 1.6= $78/month
    Elantra GLS:(20000/12)/28 *1.6=$95/month

    Insurance difference=$60/year more for Civic(approximately,I'm comparing the rate for my 99 corolla and 2000 Hyundai. kevperros's number maybe greater or less).

    Approx difference per monthly cost=$55.
    Invested @$55/month for 4 years APY of 7%=$3036.51(approx)
    Total saving after 4 years = $3036.51+ $114
    = $3150.51 for Elantra.

    Not taken into consideration:
    -Difference on annual property tax(more for civic)
    -Civic will be out of warranty after 2 yr.Elantra
    bumper-to-bumper is covered for 3 year and power
    train still in effect after 4 years. So any
    repair damage in last 2 years means more cost
    for the Civic.
    Of course we can add a 7yr/100K warranty which
    going to cost around $600-$700 more to the Civic
    total cost.

    For comparison, based on KBB data:
    1998 Civic LX(auto) retail @:$11,210 (80K miles)
    1998 Elantra GLS(auto) retail @:$7,815(80K miles)
    Difference = $3,395 after 4 years.

    Pretty much a wash if you ask me. If Elantra resale value increase then we may see more advantage to Elantra. If kevperro's can get a better loan rate, advantage more to the Civic.
    What do you think about the total cost calculation?
  • justinjustin Posts: 1,918
    anyone is buying either car. I don't see any new Elantra or new Civics on the road. I think, seriously, I have seen one of each. What's up with that? Perhaps consumers are sick of Honda and Hyundai and are buying up the Protege and Focus...
  • liufeiliufei Posts: 201
    Seen about 4 new civic and 3 new elantra regularly at work and around where I lived.

    Civic 2000 sales = 324,518 (up 19% from 1999)
    Elantra 2000 sales= 104,099 (up 25% from 1999)

    and here I'm thinking the economy is slowing.... :)
  • soberssobers Posts: 496
    Approx difference per monthly cost=$55.
    Invested @$55/month for 4 years APY of 7%=$3036.51(approx)
    Total saving after 4 years = $3036.51+ $114
    = $3150.51 for Elantra.


    I don't know whether anybody is giving you 7% if you deposit $55 per month !! You need to keep bigger amount in deposit to get such rates I guess. so It is more if saving of 2640 oevr 4 years. Also u seem to take Rabate into account.
    I won't count that in. That is one reason who didn't get that rebate is already at disadvantage!
  • hkchanhkchan Posts: 420
    We can nitpick this to death. There're so many variables. Why don't we take into account the income tax on that 7%? Your tax bracket is different from mine. Your state income tax rate is different from mine. Some states have annual property tax. We can go on and on. You drive 12,000 miles a year? I drive 40,000 miles a year. Some people pay 12% on a car loan. Some people take money from their 4% savings accounts to buy a car. The bottom line is the '01 Elantra is a viable alternative to the Civic to a lot of people. The big question to me is reliability.
  • bluewindsbluewinds Posts: 100
    Hyundai has already shipped to E.U market.

    These are the photos.

    It has 2.0 Turbo diesel Intercooler Engine which has higher torque than Santa Fe's 2.7 V6.


    However, I have no idea where Hyundai engineers hide its intercooler.

    (In Korea, Hyudai has already launched Disel Santa Fe, Elantra's diesel engine is as same as Santa Fe's diesel one.)


    Enjoy photos!!!!


    http://bbs1.adwars.com/read.php?table=mildbreeze&no=8


    http://bbs1.adwars.com/read.php?table=mildbreeze&no=9


    http://bbs1.adwars.com/read.php?table=mildbreeze&no=10


    http://bbs1.adwars.com/read.php?table=mildbreeze&no=11


    Have a safe driving!!!!

  • soberssobers Posts: 496
    there are many factors. Elantra IS a good choice right now is it is very cheap to buy.

    Also, I have developed great respect for Hyundai the way they entered the market in India(Asia)
    Santro & Accent are their current offerings which are very good cars & are MUCH better than Suzuki(GM)
  • kymcampkymcamp Posts: 51
    Hmm... I can't see the photos you mentioned bluewinds. Maybe the problem is on my end. Still, the turbodiesel probably doesn't look any different from a regular Elantra. Does anyone know the specs on the diesel engine?

    I've seen lots of new Civics around, but only a few Elantras. It isn't that the Elantra isn't selling well, the dealers can't keep up with the demand. But even at the breakneck pace they're going at they just can't match the Civic. Including the previous generations, there seems to be a Civic on every street corner. Of course, there seems to be just as many Sunfires. Maybe my (still wavering) decision to go with Mazda was based on the fact that I won't see myself coming and going at every traffic light. I might still decide at the last minute to go with the Elantra though. I wish someone would hurry up and hire me. I'm beginning to get lots of interviews, but no offers yet. But I haven't recieved any rejection letters either, which is a good thing :).
  • backybacky Twin CitiesPosts: 18,727
    This is a tough choice, two excellent cars. But let's forget the money for a minute, since you said the Civic is only $40 a month more, so with its higher resale value money will be pretty much a wash. The main thing is, you have to drive the car every day for the next few years. Which car do you believe will give you greater pleasure driving every day? You said you liked the way the Elantra drove. If that is your main consideration, the Elantra looks like the obvious choice. But if you will lay awake at night wondering about reliability or how much gas is costing you, the Civic makes more sense. And I agree that you should check out the 5spd, if you don't mind driving a stick. To me, a 5spd is the only way to go with a small car, unless you drive in rush-hour traffic a lot. Especially with the Civic LX, you'll get better performance and the Civic has one of the smoothest sticks around. And you can knock about $800 off the price with a stick. One problem though: resale. I've found in recent years that a 5spd is much harder to resell than an automatic. I also see many advertised sales by local Honda dealers on just their 5spd Civics, "we're overstocked!!", because they don't sell as well as automatics. Maybe isellhondas can confirm this trend?

    P.S. On the crash test scores, unless isellhondas has inside information that the NHTSA has not yet posted on its Web site, the scores for the 4dr Civic with side air bags still fall a little short of the Elantra, since the Elantra got 5 stars in the side-front and Civic got 4. And the scores for the Civic w/o side air bags haven't been posted yet, and neither have the Elantra's frontal crash scores. What's really strange about the scores to me is that the Civic 2dr got better side-rear scores than the 4dr, which is too bad, because which car is more likely to have rear passengers? The 4dr. So if those of you with 2dr Civics get complaints from rear seat riders, just remind them of how safe they are!
  • I bought the Elantra today. Midnight gray 5 spd with no options except floor mats. I paid $11,938.12 without tax, title. I had a trade that they were very generous with. Mercury Tracer 1995 5 spd with power everything, alloy wheels, air and a bad transmission and clutch throw-out bearing. Also front windshield was badly cracked across the entire front and the windows on the right side would not work. The engine has also been bucking and the throttle sticking (at about 4500 rmp!!). Also has a salvage title since I bought it from a body shop after being totaled. I've gotten 87,000 miles out of the car and bought it cheap so it has served it's purpose. It has 107,000 miles and I've been driving it without 5th gear for the last 7,000 miles. I'm really happy I could just get it to the dealer. :) They gave me $500.00 for it and I was happy that I wouldn't have to sell it since I would have had a hard time doing so... in good faith. If it had a good title and was working it would have had a trade-in value of about $1200.00 (according to Edmunds). With my trade-in I walked out the door (taxes, title, etc...) for $12082.48 which I am happy with. I got financed for 7.35 via on-line banks and got $100.00 deposited to my credit card for taking the loan. If I adjust the loan for this amount it brings my APR to 6.73 for a 36 month loan.

    I'm very happy with the car with the exception of the famous smell... It stinks according to my wife. She suggested I drive around with the garbage that I forgot to set out this week to make it smell better (she has a memory like an elephant). It really is amazing how much you can get for under $12,000 smackers. I have reservations about resale but I drive cars until they die. I think the Honda is a nice car but I really like the Elantra better. I drove both several times at several different dealers. After running all those numbers I think that either car is right in the same neighborhood as far as price goes. I bought the car that I liked better and it just happened to be the cheaper car (up front).
  • backybacky Twin CitiesPosts: 18,727
    kevperro1 on your new car! Sounds like you got a decent deal, considering your trade-in situation. The trademark "Hyundai aroma" will disappear after a few weeks and then it will smell like any other new car--unless your wife makes you drive around with trash in it!
  • A good friend of mine who builds Top Fuel Drag Racing cars brought up a good point the other day. He said he would avoid first generation Diesels coming from any company. He is a Voltswagon buff and he said it took VW over a decade to build a good Diesel engine. Maybe Hyundai has some experience with Diesels through another division that they are bringing to the car market. I'm not sure but the mileage numbers for the VW are really incredible if only the car was priced right.
  • Hmm. I also bought an Elantra on 1/20 but I haven't noticed any weird smell.

    But perhaps I'll hang one of those pine-cone air fresheners just to be sure.
  • soberssobers Posts: 496
    it is just irresistable not to buy Elantra !!
    I guess that is the reason why they sold 100K last year. I think the trend will continue this year with new model. They will cross 125K this year even the market is slowing down. I have seen may guys getting it in favor of other econocars like Focus(due to recalls & warranty being only 3 years). I guess they are preferring Elantra woth 5 year 60K against cars like focus/neon. I haven't seen much of cross-shopping between Elantra/new Civic. Yes there is some cross-shoping by used Civic market. If Hyundai keeps this trend for another 2/3 years I guess either Hyundai prices will increase or Honda/Toyota will need to check prices.
  • soberssobers Posts: 496
    Elantra is introduced in India soon. (After April 2001 when Quantitative restrictions are lifted & import of new car would be allowed). Accent was an immediate hit so would be Elantra. Civic is available there are CITY but is costlier.
  • liufeiliufei Posts: 201
    Hope you will enjoy long lasting service from your Elantra.

    Although I truely hopes that Hyundai will keep their price low, I doubt that will happen. For one thing, Toyota & Honda seemed undisturbed by the fact the Korean Car maker is pricing their car way more competitively that them. Another thing I notice is the price of the Korean's car is slowly but steadily climbing up.
    I also heard that the American Car maker is really not making any money (maybe losing money) on their small car lineup. So Hyundai will probably have to increase their price to boost their profit, protecting against slow down on demand.
  • hkchanhkchan Posts: 420
    American brands not making money on small cars means Hyundai will have to raise prices? They raise prices to protect against slow down on demand? So when you expect demand to decrease, you raise prices to make up the difference?
  • liufeiliufei Posts: 201
    heh, my original post doesnt seems to come out like I wanted to be.

    Once Hyundai able to rebuilt their image, their value will increase and will give them the opportunity to raise their prices (no more shaky history to dealt with). Higher prices translates to higher profit that would enable them to withstand the slowdown on demand better. It would be foolish for the Hyundai management not to try to make profit out of it.
    Just look at the Japanese brand. They originally come out cheaper than the American, but after estabilishing their reputation, the prices kept going up & up.

    Also, if they did raise the prices in the future, when slowdown on demand does arrives, they can put out rebates/incentives to pull the price back to the one before the increase and in the same time serves as good advertising tools to draw buyers in. Protecting their profit margin to a degree.
  • isellhondasisellhondas Issaquah WashingtonPosts: 17,741
    Awhile back, you crunched some numbers comparing long term cost of ownership. Civic vs. Huyndai.

    One thing you may not realize...

    At trade in time, some cars will bring either more or less than "book" values. The books are simply guides. Hondas have always brought book value or more. On older models we pay way over book for nice ones that we know will get snapped up quickly.

    Hyundais have been notorious for being a hard sell in the used market. When we take one in, we will wholesale it because we know it'll rot on our lot.

    When we call the Hyundai dealers for a bid, they will hit us well below book prices.

    Kias are even worse.

    Please understand this isn't a slam. It is just reality. Anyone in the business will back this up.

    Now, of course, this situation could well change in the future! who knows?
  • hkchanhkchan Posts: 420
    Hello. On the Real-World Trade-In Values thread, I asked about the trade-in value on a '99 Civic EX 4-dr with a 5-sp and ~75,000 miles. You commented that the Civic is a "book" car. brentwoodvolvo thought it's around $6,500-$7,000. According the Edmunds, it's $9,781 "Clean" or $10,435 "Outstanding". According to KBB, it's $8,445 "Clean" or $9,245 "Excellent". I haven't checked NADA's. Do you have any comments?
  • justinjustin Posts: 1,918
    http://www.cnn.com/2001/US/01/30/bumper.tests/index.html


    Hyundai Elantra does best in bumper crash tests

    January 30, 2001

    Web posted at: 11:56 AM EST (1656 GMT)


    By Julie Vallese

    CNN Producer


    WASHINGTON (CNN) -- In 5-mph crash tests, the Hyundai Elantra performed best -- sustaining very little damage -- while the Dodge Grand Caravan and the 2001 Mercedes C 320 required the most expensive repairs, the Insurance Institute for Highway Safety reported Tuesday.

  • bri70bri70 Posts: 147
    First- welcome back.

    Start sweating. Consumer Reports had a nice write-up on the Elantra. Also the car is getting good press with regard to bumper tests.

    More and more potential Civic buyers will be trying out the Elantra and end up buying it!
  • soberssobers Posts: 496
    Most of the time I see Civic been sold privatly which gets above book value (close/above to Edmunds' market value)

    Regarding '99 Civic EX 4-dr with a 5-sp and ~75,000

    First of all, It is a 5 speed which is very difficult to get rid of AND it has 75K miles !!
    It will be very hard to sell for the book price. I can understand 15-16 miles a year but this is around 25K ?? Resale also depends on the DEMAND. In your case how do you see demand for 75k miles car which by average standards is put in around 6 years is been put 2-3 years & it has a stick !!

    Hyundai's CURRENTLY are very difficult to get rid of in used car market just because nobody wants it. The situation might change 3-4 years down the road...who knows ? Also if some unfortunate incident occurs your insurance company will srew you on the total of your Hyundai.
  • hkchanhkchan Posts: 420
    I guess the confusion is the mileage adjustment. For example, I punched in 24,000 miles, the color, my zip code and "Outstanding" for condition at Edmunds' site and it came up with $12,061 as the trade-in value. Next I changed to 75,000 miles and it came up with $10,351.
    My question is when someone appraises the two cars (one with 24,000 miles and one with 75,000 miles), without knowing the mileage his accessment is that the two are equal in condition. Will he value them as approximately $12,000 and $10,000 respectively? Or will he say, "It doesn't matter they look and run the same. A car with 75,000 miles in two years can not be in "Outstanding" condition. There will be an addition $3000 penalty. So the appraised values are $12,000 and $7,000 respectively.
  • soberssobers Posts: 496
    75000 with manual, dealer will have hard time to get rid of it. That is the main reason why they are offering less to you. They want you to sell it privatly I guess. You can do atleast 1000-1500$ better than what dealer is giving
  • tazerelitazereli Posts: 241
    After having about half of these posts I had to say something. My wife and I looked at every concieveable compact import when looking for our first new car. Everything for japanese to german to Korean was tested and some were tested again. Everything was thorugthly researched and cross-referenced. i cant tell you how many hours were spent online at the edmunds site and other carsites. I poured over dozens of magazines. Having been a part-time mechanic during college also helped greatly in basing our decision. Since this was to be my wifes car I wanted her to have something that would last for years and years and not leave her stranded. Something kept us coming back to Honda's Civic EX.
    Just for fun we tested the Kia sephia and the hyundai Elantra. Other than price I cant tell you one thing that would make us want buy one. Kia Was too new to the US market for us and hyundai had a reputaion for making horrendous cars. I can say that being a mechanic I see how some cars are worse than others. Korean makes can't hold a candle in reliability (or resale) to the japanese. I thnk that tradition continues somewaht today. MAnufacturers dont offer a warrenty like kia's and hyundais for nothing. They jsut want people to caome back to them. I mean who wants to pay horrible repair bills after the warrenty expires? Which is waht will happen on a more frequent basis with Hyundai than on a Honda.
    Our Honda jsut turned 40K and it has only seen the garage for maintenance work and a new set of tires.
    I believe buying a car based on price only is a poor way to make a choice. Spend a few more bucks a month for the obvously better car. Oh yeah mines a 5 speed and I know I will have absolutely no problem selling it with the import aftermarket being what it is. Ive seen plenty of modded hondas. Where are all the hopped up elantras?
    One more thing I jsut checked the Civic EX vs the Elantra GLS and the hunday was barely worth more than half in resale value. now that just sucks. Im sorry for all of you people that bought hundays in '98. Enjoy your cars, whatever you drive(hopefully the honda)!!!
  • isellhondasisellhondas Issaquah WashingtonPosts: 17,741
    Well, my reply will be the same here as in the other forum you mentioned.

    Your Civic is a "book" car, at least in my area.

    Now, let's talk about books. The ONLY respected book is the one that is used in your neck of the woods. Around here, we use NADA. In California, it's KBB I believe and back east they use something called a Black Book...I've never seen one.

    I'll try not to incur the wrath of the hosts here, so let me pick my words carefully....The "values" listed "on line" are used by nobody. These numbers tend to literally be all over the board. Interesting to look at, I guess, but of little real value.

    Your Civic has two strikes against it.

    First...The biggie..it has 75,000 miles !!

    Second...It's a five speed.

    The trouble is this...even after the dealer deducts say, 2000.00 for the high miles, and another 500.00 for the five speed, he still knows he will have a hard unit to move.

    Most buyers (not all) would rather pay more and get one with lower miles.

    In your favor ...It's a Honda!

    Can you imagine trying to unload a domestic or *name witheld* with those miles and a five speed?
This discussion has been closed.