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Comments
Waiting until the next-gen Elantra comes out will affect prices on the new Elantras on lots--not as much on used ones. And as I said, SEs are very rare. Although the 2011/2012 Elantras will likely have ESC standard across the board, so maybe not as important to get the SE then.
Paying $10,000 for what is probably a 4 year old econo car goes against the grain. Dealers are paying no way near book unless they build it into your lease or purchase and asking price is really selling price. You should have seen what I was ASKING for my house in '06, could have bought a small island.
As I said, if someone can buy a loaded 2007 Elantra SE with under 25k miles from a dealer for $8500, they should run fast before the dealer calls the police and reports a theft. If you have purchased such a car for such a price in the recent past, please tell us all how you did it.
You buy a brand new car... put a big down payment on it. A week later, you're in a bad car accident and it's totalted. The insurance company covers what you owe (as you put a big down payment on it). That's good and all, but it's not like the insurance company is going to also give you your big down payment back.
* Interest rate car is financed at. (If you could get 0%, there's NO reason to put any more than necessary to get 0% on your downpayment)
* How much gap coverage costs
* How much insurance option to get a brand new replacement car within a year costs (assuming your current auto insurance even offers it as an option)
* Rate of depreciation of vehicle
2009 Hyundai Elantra GLS Internet Price Start from $10,199
MSRP: $16,725.00
Stock Number: 9E9894
VIN: KMHDU46D89U609894
Exterior Color: Silver
http://www.wpbhyundai.com/online-specials/new-vehicle-specials.jsp
Plus, I am good at negotiating. I learned over the years. I used to sell pianos, and I know from experience that the salesman has some leeway in setting the price. You can ask: "Can't you go any lower?" Some salespeople feel pressured to go lower, in one way or another. They might throw in some perks you don't have to pay for, etc. In my case, I kept bargaining. I didn't really want a new car, but my husband kept telling me it would be better to get a new car, so I did go and annoy the salesmen at the Hyundai dealership, even going so far as to bargain with him. Finally the manager got annoyed with me, I took it so low that even the manager told me "no." But that was all right with me, I didn't want to buy a new car anyway. I finally got a good deal with a Toyota that had less than 40,000 miles on it, it was a 2004-5, but hey, who's counting now? I paid $8,000 for it and my mechanic/friend said it was a good buy. I believed him. I found it in a local ad, it was listed for $8,900, I wanted to pay $7,000, the man said he wouldn't take less than $8,000 and we settled on that. oh well.
We have a whole list of Elantra-related discussions. This one mainly focuses on the price of new models.
Peruse these discussions, and find one that fits! Hyundai Elantra discussions
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OTD Price: $15,608 (after $1,500 rebate and before Tax and Tags)
Invoice: $19,051 (including Dest.)
MSRP: $19,930
I used Zag.com through American Express, dealt with the Internet Sales Manager over phone/email for a couple questions, and then went in and picked up the car. Buying process was very pleasant, no gimmicks or games from the sales staff or the Finance guy (I did have my own financing from my CU going in). I would highly recommend this dealership!
Also the SE is the way to go considering the safety,handling, and interior upgrades, it is well worth the added cost.
Although I usually don't agree with premium add-ons on an econo car, the price you received seems pretty strong given the current rebate. Good deal, best of luck with your new ride.
BTW- OTD means out the door, that includes all taxes, fees and usually a full tank of gas.
$16,719 Price
$ 389 Processing (I did not feel like fighting over this, but possibly could have)
$ 548 Tax
$ 63 Tags
$ (1,500) Rebate
$16,219 Total OTD
You could try to work them down some, or if they won't budge much see if they will do the Hyundai Certified warranty on the car. That brings the warranty back to 10 years and makes it transferrable (I think), plus gives 10 years of roadside assistance. You can get a new 2010 Sonata these days for close to $15k, so relatively speaking $15k for a used Elantra SE isn't that great a deal.
Seems the dealer will not go lower than 13,999 + taxes and tags. There are different ways to figure this and I would like your thoughts on True Market Value figure?
Anybody ever have problem with referral fees? Garbage salesman keeps saying its on the way, but never takes care of it. Of course there isn't nothing in writing, just a verbal, worth nothing. So consumer beware, get it in writing.
If I lived in the state of VA I where I could buy new in the 15.5k range i probably would go new.
If you can live with something other than an Elantra... there's 2009 Sonatas around (even a few 2010s) with that kind of miles for the same or even less money. So if you could go with a Sonata, you might check that out. The 2009 Optima is a nice car also, and will cost you much less than $13.4k.
Thanks
S
I am kind of specific about the model. What price do you think is a reasobale offer back to them? Any specific sites that I should check the price for?
Yes, it was a rental.
Also, should I get leather upholstery done on this car for another $1200?
Thanks
ssc
Out the doow price was 16776.00
That price included the 1500 rebate, 6.25% sales tax, and all title/registration and dealer doc fees.
Another dealer was 200.00 cheaper, but didn't have the color I wanted. Six other dealers in the area would not match the price.
As a new arrival, the archive of posts on this board has been very helpful. I am planning on buying my first elantra - leaning towards a 2010 GLS sunroof package with ipod cable and mudguards. Was not planning on any add ins, but some online reviews highly recommend the sunroof. Color will likely be black. Truecar.com calculates an average price of $15.8k (plus TTL) with these features. Anyone think I can do better? Also, is it better to line up financing in advance? Would much rather handle that through the dealer unless there are clear advantages.
One screw up on my part was that I misplaced the spare key on the day after purchase. The FOB is 95430-3K202 (osloka - 310t). I really feel more comfortable with a spare. The dealership quoted me $200. However ebay lists them at a range of $10-$15. It would cost an extra $40 to have it programmed at the lealership. None of the listings suggest that this FCC code will work on a 2010 elantra. Is it unusual that my FCC code is normally associated with older Hyundai models?
http://blogs.edmunds.com/strategies/2010/05/deal-of-the-week-hyundai-special-pri- cing-through-costco.html
they offered me 15,461, plus taxes which in NY OTD was 17,179
I noticed on hyundai website they have a $1500 rebate. How does getting a rebate work? Do i get that directly form hyundai after purchasing the car? Or did dealer include that in price?
to me 15,461 does not seem that good of a price if that includes rebate.
What do you think?
With a rebate, it's your choice to receive the rebate money or have it applied to the purchase price. I would be surprised if the dealer's offer did not include the rebate. I agree that it was not a great price, including the rebate.
Out of curiosity do you know what is a good price?
If i go back to them and try to negotiate what should I offer and say lowest I go?
I am really not sure
http://cars.overstock.com/configurator.html?makeId=2235&modelId=438&upfrontPrici- ng=Y
you might not be able to get that low ($13220), but $14000 before tax and tags seems doable...
One thought is, Fitzmall (use the obvious url, or google them) has several 2010 Elantra GLSes with MSRP at $17.8k for $14k Internet price, in Gaithersburg, MD. That is including any general rebate but w/o tax/title/license. You could use that price with your dealer to negotiate, as a bottom-line price, and see how close they can come. You might also figure your cost to get down to Gaithersburg to buy the car and drive it back. If your dealer can get close enough to Fitzmall's price + your travel costs, you can buy the car locally. If they can't, you might consider taking the trip to Gaithersburg. Or at least, you can let your dealer know you are willing to do that.
I just put in my zip code and overstock came up with $14,806
the same dealer i was going to buy my car from
How many miles is usually expected from a 2000 hyundai elantra as well??