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2008 Hyundai Elantra

Does anyone have any other information about the 2008 Elantra? When will they start showing up on the lots? The link is the only information I could find so far. I guess there will be some added features.

http://research.cars.com/go/crp/research.jsp?makeid=19&revid=51889&modelid=219&a- code=&crpPage=summary.jsp&mode=&year=2008&myid=&revlogtype=21&section=reviews&mo- de=&aff=national
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Comments

  • joe97joe97 Posts: 2,248
    here is all you need to know about 2008MY Elantra for the US market:

    http://www.hyundainews.com/Media_Kits/2008_Models/Elantra/Press_Release.asp
  • backybacky Twin CitiesPosts: 18,618
    Well, everything except the prices. ;) I suppose those will be out shortly.
  • Didn't see a date in the linked article. Anybody know when they'll be showing up?
  • moparbadmoparbad Posts: 3,842
    Is the 2008 a new design?
  • nthenthe Posts: 414
    the LTD model will be no more, but they will have a option package for the SE that add leather. The SE will have ESC standard.

    The GLS will start at 16,895 for an automatic with air conditioning and a radio. The SE starts at 17,845 for the automatic.
  • nthenthe Posts: 414
    probably in the next couple months, or less.
  • joe97joe97 Posts: 2,248
    2007 is a new design so 2008 is mostly a carryover with minor enhancements and re-packaging. next year we will see a variant of the Elantra hitting the market, as a 2009 model year - that's being discuss in another forum. And by then we should see a facelift.
  • backybacky Twin CitiesPosts: 18,618
    Thanks for the info. Does that mean the SE 5-speed stickers for $16,845 including destination? If so, that's not too big a markup from 2007 considering the extra equipment.

    BTW, since the SE gets ESC and brake assist standard, does that mean it also gets traction control standard (which I really like on my '04 Elantra)?

    I don't see the value proposition of the GLS when for about $800 more (after some negotiating) you get the 16" tires and alloys, ESC, brake assist, traction control (maybe), telescopic wheel with audio controls, leather wheel and shifter, availability of the black interior, and trip computer.
  • backybacky Twin CitiesPosts: 18,618
    I don't think we'll see a facelift for the Elantra until at least the 2010 MY, or fall of 2009. Hyundai typically does the refreshes after 3 years.
  • nthenthe Posts: 414
    yes, that would be the MSRP for the SE manual. The SE also comes with TCS standard too.

    hopefully hyundai will make more of the cloth interior SEs, cause the SE have been very hard to find for 07. my dealership had 1 (one of the very first elantras we got last Oct).
  • backybacky Twin CitiesPosts: 18,618
    That's interesting, I've seen a pretty even mix of GLSes and SEs when I've checked the lot of my local dealer over the past year.

    I predict you'll see the SE be the #1 seller for the Elantra line for 2008, at least for retail sales (Hertz tends to buy GLSes).
  • alamocityalamocity Posts: 680
    I've noticed some of the local dealerships have the 08's advertised on their web pages so they have either arrived or will be shortly.
  • backybacky Twin CitiesPosts: 18,618
    And I see Edmunds.com has pricing posted. Also colors. I see that the SE is no longer available in Seattle Blue. That's my favorite color on the Elantra. :(

    One thing I've noticed is that the markup over invoice has increased quite a bit on the Elantra over the past few years. When I got my '04 GT, MSRP $17.4k, the markup was about $1400. Now I see it's less than $1000 on the base SE with a MSRP of $16.8k. So not only have list prices gone up quite a bit in the past few years, but there's less room for dealers to work with on discounts. Still it's a great value, but I don't expect to see fully loaded Elantras for $13k anytime soon, as was possible not long ago.
  • alamocityalamocity Posts: 680
    Haven't had a chance to drive the new Elantra yet but yes have noticed that the prices have gone up, may be a sign that the Elantra's are beginning to catch up with the class leaders. Funny thing is I still see some 06 Elantra's in stock which kind of surprised me. Hope to test drive the Elantra next week as I've narrowed my choices down to the Elantra, Sonata and Rondo.
  • nthenthe Posts: 414
    we just got one yesterday.
  • nthenthe Posts: 414
    this has happened will most cars. the invoice has increased faster than the sticker to appear to keep prices the same. The elantras are a better car than they were just a few years ago, so naturally they are more expensive.
  • backybacky Twin CitiesPosts: 18,618
    I agree they are better (except the driver's seat :( ). But I wonder if some buyers are having sticker shock over the Elantra's pricing, compared to just a year ago. It was a big jump in a short time. When prices are compared to the likes of Civic and Corolla, the Elantra is a great deal. But I have a feeling buyers have been conditioned to expect a huge difference in price between an Elantra and a Civic or Corolla. It's still a significant difference, but not as big as it used to be.
  • I'm a buyer for a manufacturing company and here's my take on the price increases. The increase in price is probably due mostly to a couple of things. Supply and demand is one reason. The car is better and more people are buying (demand), thus reducing supply. The second reason is because, over the last 3-4 years, metal prices have skyrocketed worldwide. I've noticed it as I purchase a variety of different types of steel for my company. I'm sure car companies are trying to defer increases in retail prices as long as they can. I'm a little suprised car prices haven't gone up more significantly.
  • backybacky Twin CitiesPosts: 18,618
    I don't think it's because more people are buying the Elantra. Elantra sales to date for CY 2007 are nearly 5,000 units less than in CY 2006. Maybe fewer cars are being shipped here, but I don't see any lack of supply on dealer lots. Maybe metal prices have something to do with it, but I think a bigger factor is the strength of the won vs. the dollar, the increase in labor costs in the ROK (multiple strikes in the past few years), and the startup of manufacturing in the U.S., with its higher labor costs (which doesn't directly affect the Elantra but affects pricing for two popular models). And of course there's more standard equipment on the Elantra than there used to be, with ABS, 4-wheel discs, and six airbags added across the lineup since 2006.
  • I was unaware of the sales figures between CY06 and CY07 and your reasons are certainly valid as well. I offered two possible reasons of many and were based on activity over the last 3-4 years rather than just one. I'm also not very knowledgable of what is going on in the car industry in particular. I deal in a different commodity altogether. Good discussion :)
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