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If one doesn't like price for Elantra, one may wait or buy another brand. No one is forcing buyers to pay MSRP or more for Elantras. Buyers choose to pay those amounts.
I love this. If I was a dealer I would do this too. Think about it. High demand allows them to sell at a premium.
If you are buying one of these because you have to have a car today, then your outta luck, otherwise just wait the market out. Its a freakin car, not life or death.
It is far better to get an Internet deal than visiting the dealers in person.
Just got word a couple days ago that Hyundai has ceased production of 2011 Elantras in an effort to switch production to the 2012 model.
Below is the release information:
Hyundai Motor America is pleased to announce the release of the 2012MY Hyundai Elantra. The 2012MY Elantra is rated among the highest in residual value according to ALG, continuing its strong resale performance from the 2011MY when it won the ALG Residual Value Award for the Compact Car segment. The Elantra also continues to deliver 40 MPG highway standard; no other competitor offers 40 MPG highway for all trim levels. Elantra also delivers “class-above” interior roominess. Elantra is categorized by the EPA as a mid-size car rather than a compact car like Civic or Corolla. With 40 MPG highway, “class-above” interior roominess, and a starting price of $15,195, the 2012MY Elantra delivers exceptional value.
Fuel economy is the most important purchase reason for the compact segment, especially with gas prices exceeding $4 per gallon in many areas of the U.S. To deliver better fuel economy, all 2012 Elantra automatic transmissions are equipped with an Active Eco System to improve real world fuel economy. The Active Eco System modifies engine and transmission control for improved fuel economy by smoothing out throttle responses. By selecting the Active Eco button, drivers can realize up to a seven percent increase in real-world fuel economy.
NEW EQUIPMENT HIGHLIGHTS FOR 2012MY
• Active Eco System is standard on all Elantra automatic transmissions to improve
real world fuel economy up to 7%
• Front fog lights added to the GLS Preferred Package to enhance the front
exterior appearance
• The GLS Preferred model adds a passenger side sunvisor extension to complement the
driver side
• The Limited badge was redesigned for better visibility
• The horn sound was improved to sound more prominent on all trim levels
Standard and Optional Features
GLS Manual Transmission
The Elantra GLS M/T MSRP is priced at $15,195, excluding $760 freight, and includes the following standard features:
1.8L Nu MPI 4-cylinder engine
6-speed manual transmission
15-inch steel wheels with full wheel covers and P195/65R15 tires
Motor Driven Power Steering (MDPS)
Advanced dual front airbags with Occupant Classification System (OCS), front seat-mounted side-impact airbags, and roof-mounted side-curtain airbags
Vehicle Stability Management (VSM), Electronic Stability Control (ESC) and Traction Control System (TCS)
Anti-lock Braking System (ABS) with Brake Assist, Electronic Brake-force Distribution (EBD), 4-wheel disc brakes, and Tire Pressure Monitoring System (TPMS)
Adjustable head restraints for all seating positions
Daytime running lights
AM/FM/XM® Satellite Radio/CD/MP3 audio system with 6 speakers and iPod®/USB auxiliary input jacks
A/C prep package
Trip computer =i>Power windows with driver’s auto-down, power door locks, dual heated power outside mirrors, and remote keyless entry system with alarm
Tilt steering wheel
Front 2-speed intermittent wipers
Map lights with sunglass holder, dome lamp and cargo area light
6-way adjustable driver’s seat including height adjustment
Front passenger seatback pocket, front and rear door map pockets
Center console with storage compartment and armrest
Lower multi-box with cover
60/40 split fold-down rear seatback & rear center armrest with cupholders
Tinted glass
Bodycolor door handles and mirrors
Rear defroster
Trunk lid inner cover
GLS M/T Options:
GLS Comfort Package – M/T only ($1,250 MSRP):
Air conditioning
Cruise control
Telescopic steering wheel
Solar glass
Windshield shade band
16-inch steel wheels with full wheel covers and P205/55R16 tires
GLS Automatic Transmission
The Elantra GLS A/T MSRP is priced at $17,445, excluding $760 freight, and includes the GLS manual transmission content plus the following:
6-speed automatic transmission with SHIFTRONIC®
Active Eco System
16-inch steel wheels with full wheel covers and P205/55R16 tires
Air conditioning
Cruise control
Telescopic steering wheel
Solar glass
Windshield shade band
GLS A/T Options:
GLS Preferred Package – A/T only ($600 MSRP):
16-inch alloy wheels
Steering wheel audio controls
Bluetooth® hands-free phone system with Voice Recognition
Fog lights
Cloth insert door trim
Sliding center armrest
Illuminated vanity mirrors with extensions
Illuminated ignition
Limited
Limited with standard 6-speed automatic starts at $20,445, excluding $760 freight, and includes all the GLS Preferred Package plus the following:
17-inch alloy wheels with P215/45R17 tires
Power tilt-and-slide sunroof
One touch up drivers window
Leather wrapped steering wheel and shift knob
Leather seating surfaces
Heated front and rear seats
Black chrome grille
Side repeater mirrors
Limited badge =ul>
Limited Options
Technology Package ($2,100 MSRP):
Navigation system with 7-inch screen
Rearview camera
360-watt premium audio with external amplifier
Automatic headlamps
Proximity key entry with electronic
push button start =i>Immobilizer
Model
Code Model Engine Transmission MSRP
-------- --------------- ------------ -------------------------- --------
45413F45 Elantra GLS 1.8L 4-cyl. 6-Speed M/T $15,195
45412F45 Elantra GLS 1.8L 4-cyl. 6-Speed A/T w/ SHIFTRONIC® $17,445
45412F4P Elantra GLS 1.8L 4-cyl. 6-Speed A/T w/ SHIFTRONIC® $17,445
45442F45 Elantra Limited 1.8L 4-cyl. 6-Speed A/T w/ SHIFTRONIC® $20,445
45442F4P Elantra Limited 1.8L 4-cyl. 6-Speed A/T w/ SHIFTRONIC® $20,445
-------- --------------- ------------ -------------------------- --------
Model codes ending in “P” indicate PZEV model
We are very happy with the car and the price. It was a easy choice compared to the other cars in the range.
I tested the 2011 models on PRIUS II, COROLLA LE and FORD Focus 2012 before settling on the Elantra. I liked the interior space, ride and price with package on Elantra 2011.
Why did you choose the Elantra as the 2nd car?
I read yesterday that the average transaction price for the Prius last month was MORE than MSRP. It's a seller's market for small, fuel efficient cars these days. Bad times for anyone in the market for such a car right now.
ANY new car depreciates the moment it's driven off the lot. I doubt the Elantra will lose $5000 immediately, though. My 2004 has lost $6500 in value over its 7-year lifetime--or roughly 1/2 its purchase price.
You're acting as if it were YOUR money that was spent on the Elantra. :confuse:
I used Consumer Reports and they referred me to 3 dealers, I got a quote from Wayne Hyundai of 17,532 for 2011 Elantra. Preferred pkg and mats. Msrp 18,590. Does anyone think this is a good deal? Dealer doc fee is $399
Let me know if this helps.
John
Also dealers inflate doc fees, window etch fees and prep fees to increase their margin and wont budge from the fees. If you come across these fees ask them to reduce the vehicle cost. Also when you finalize the quote and meet the financial department guys, before signing anything check the Out of door price, sometimes the salesman shows you a different figure and they silently add a prep fees or window etching fees.
Before signing the purchase, please.... review the figures. I got ripped by a 299$ window etching fees, so I am warning you. My doc fees was 349$ in NJ.
Who In The Right Mind Pays Full Sticker Price For A Now-Older Model of 2011 Elantra. 2 Years Ago Hyundia Couldnt Sell A Car If They Gave It For Free But They Are Turning Customers Away b/c They Want FULL Sticker Price??!!
They Are Only Pissing People Off & The Customers Are Also Telling All Their Friends/Family Members That Hyundia Is A HUGE RIPOFF!
Avoid That Dealer, Dont Fall For Their Gimicks, Tricks & Their Nice Approach. At The End, However Hours You Spend Making Deals...You'll Just Be Hit With A Sticker Price. Oh FYI: Dont Believe The Shortage Of how They Are Selling Fast Which Is Why Supply & Demand Is Low. The Real Reason Is: Factory Stop Making/Shipping 2011 Elantra's And The Whole Paint Job Crises - Japan Accident.
http://www.reuters.com/article/2011/04/21/us-autoshow-hyundai-paint-idUSTRE73K08- C20110421
Details:
MSRP $18,695
neg. selling price $18184
Acquisition fee $595
Doc fee $45
drive off $575 (includes 1st monthly pymt+reg + lic)
Excess wear and tear insurance plan $399
If I'm adding correctly I think this gave me an "on the road" grand total of $19798. I wasnt sure what to do about the "excess wear and tear" insurance offer. Ive never been asked about that before in any of my Honda leases but the dealer told me Hyundai does not have as generous of a "normal wear and tear" allowance as I was used to with my Hondas and at this point I had already been there for hours and had to get my Honda turned in (down the street - I actually asked the dealer for a ride there and I drove him back to Hyundai!) so I just decided to do it. It adds another $12 to my monthly payments which are now $242. The one area I DID really have to haggle was with the credit tier I qualified for. When I came in they acted like my credit was too low to even qualify for a lease at all and then supposedly crunched the numbers w/ finance and congratulated me on qualifying for a tier 4 rate (the worst). Long story short it didnt sound right to me and I basically sat in his office with my phone and kept googling/researching and showing him how my credit score should be qualifying me for Tier 1 rate financing and he kept saying it was out of his hands and I just kept pushing and asking him questions and showing him the figures I was coming up with and they ended up qualifying me for a Tier 1 rate. I'm not sure if he truely had to go to bat for me with someone in finance or they get some sort of kickbacks/incentive for trying to get the customer to pay higher rates. Anyway, its done! And I am happy (to have the car and not have to do this for another 3 years!) Any luck with you???? Oh by the way...thanks again for letting me know about asking for that "on the road" price. That really helped me figure things out and led me to taking my business to a different dealer which was a good thing.
I'm in Orange County/Southern California. I've been looking for an Elantra Limited with Nav (black/silver; black/gray interior) for about 2 months. I got prices off of truecar.com and PenFed (http://penfed.zag.com/main.html?referrer_id=ZPEN000001) and had some dealers who would match, but it seems like everytime I e-mailed them about their stock, they said everything was pre-sold... well darn, why not call me sooner so that I can be the one to pre-buy it?!
After much frustration, I decided to extend my search to an Elantra Limited WITHOUT Nav. I sent out e-mails yesterday (Monday) and immediately got a reply with a black/black car (my preferred combo). I called immediately and he told me the MSRP of $21,340 (mirror, mat, net). I asked if he price matched. He asked how I found him, I said truecar.com, and he then said the best he can do on the car is $21,000 flat. The truecar.com price for this car is $20,900. Since it was the color I wanted and I was really in need of a car, it took me two minutes to put down a deposit and pre-buy the car.
In the dealership, there was no funny business with the price. Went to financing and he tried to sell me all sorts of stuff (extended warranty, paint protection), but I said no to everything. I had 2.49% financing through penfed.org. He said he could offer me 2.15% if I got the paint protection, but the savings was about 15-20% the cost of the paint protection (~$700), so I passed.
The part people really care about:
$21,000 Elantra
$55 doc fee
$1,842.31 Sales Tax (price of car + $55 doc fee)
$243 license fee
$89 registration/title fees
$8.75 tire fees
= $23,238.06 Drive off
Thanks again and good luck on getting your car!
America has 9% unemployment rate, 17% under-employment rate; most states have over 10% unemployment rate. It is worst in CA, 12+%. I really wonder who are these people finding the money to pay at MSRP. Are you able to borrow the printing press from Federal Reserve and print US dollars?
Only fools pay MSRP. What should we call those that pay MSRP + markup?
If only they had had a elantra turbo version. My one regret with this car is the. Engine
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2012 Elantra GLS in white with the preferred package, homelink mirror, mats, and the spare tire (doesn't come with one). It comes with fix a flat and a compressor so we asked them to add it.
I traded in my 2008 Elantra SE w/ 72,000 miles.
2012 $19,150 pretty much MSRP, but they gave me $500 above TMV for my trade and included the spare tire and tools which is $360ish.
Tax 7.0% $638
Title $85
Tag fee $45
Doc stamps $72
Total $20,617
It was a great experience. The dealership got a ton of cars in for the Memorial Day weekend, which was great because they had white! I was there a couple days earlier and their lot was pretty much empty. The salesman was awesome. So happy with car and glad I saved about $1k which is what I need to put into my old car. :shades:
I guess I could keep wasting my time going from dealer to dealer, spending two hours at a time, and leaving frustrated. But, instead, I knew what I wanted for my trade, knew how much I should pay (based on feedback from this forum), and was very happy they had the color I wanted and a 2012. So, I am happy with my transaction. It was pleasant and I love the car! Just got the windows tinted yesterday and it looks awesome!
In this market, unfortunately you may wind up paying at or near sticker price if you have a limited time to buy an Elantra. Can you travel outside the LA area? You might find a dealer elsewhere e.g. Las Vegas willing to deal.
Does it HAVE to be an Elantra? There's other good compact cars e.g. Cruze, Forte, and Sentra, available at big discounts.
Good luck,
Jeff
There are good deals on the Mazda3, Kia Forte, 2011 Civic's, and even discounts on the 2012 Ford Focus.
After reading reviews on who the Elantra actually drives, I would not go near one. The gearing is so tall it actually feels slower than the previous model. The steering is mushy and the handling is nothing to write home about.
Hyundai is succeeding because it has a flashy design and gets the magical 40mpg highway. Smart on their part, but, I don't see any value in the rest of it, IMO
Have you driven one? Or are you just accepting everything you read?
If you do, you'll read some very positive reviews on the Elantra. What I found is, the car is plenty peppy for an economy car (148 hp, good power/weight ratio). The steering (electronic) is not as crisp as some cars e.g. Mazda3, but it tracks well and handles fine in everyday driving. If you want a car to carve canyons, this wouldn't be the best choice. If you mostly do commuting (including long drives on highways) and schleppling kids and groceries around cities and suburbs, without a canyon to be found for miles, I think it's worth a look... and drive.