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I'm sure it upshifts quicker at lower RPMs and is slow to downshift. Probably best to not be in ECO for spirited driving.
One of the dealers gave me a quote for $25,135 OTD BUT for one that is Gray not the colors she wantes, in other words she's not happy that it isn't the color she wants. Other dealer has Blue Sky Metallin in Limited with Tech (JUST how she wants it) for OTD of $26,235 with best at $26k even.
Question is this: Is $26k OTD for this car too much? Given that it is such a hot seller right now (been trying to find one for the last 3 months) and on top of that in a color combo that is even harder to find.
Please guys I need your input and experiences as soon as possible.
Thanks so much for your help!
Player4
Really you need to put the prices before your local taxes and fees.
I LOVE mine! It's one of the best cars I've owned! Better overall than my Mazda 6 (2003).
I havea 2011 Elantra Limited, 10,700K. (not the one with the NAV) Do you have any idea what they are taking in for trade-in's or selling at auction for?
I am considering an upgrade to a bigger car, want to make sure I dont get hosed at the dealer.
Many thanks!
As the dealer had nothing in stock and she wanted some features on the Limited, we reviewed upcoming dealer allocations. We have a quote for a Sky Blue Limited with Tech and basically everything (MSRP $23,655) but the HomeLink mirror for $23,300 + TTL or $25319 OTD. Of the $2019 in TTL, $1644 is sales tax. Frankly I'm surprised they came down from sticker at all considering they can't even keep 'em on the lot.
We just have to finish up our test drives tonight before she makes her final decision. Left to drive are the Focus & Forte, though we may drop the Forte if time gets tight. On the Forte, some features she wants require the SE package which comes with the lower-economy 2.4L engine. While the 2.4 has lots of power, it would be overkill for her. Both the Cruze & Elantra have plenty of pickup with their sub-150HP engines.
2012 Limited w/Tech Pkg in Shimmering White with Beige Interior
Vehicle Price = $23,700/incl accessories
College Grad Discount = -$500.00
Trade-In = - $500.00 +- (subject to appraisal)
Sales Tax = $1,808.00 (includes license and doc fee)
Balance to be financed = $24,508.00
Any opinions?
MSRP $20,300
Trade in $500, Vet discount $500, Paid down $500 Financed $17200 + T $ L
Right now the Elantra doesn't even get owner loyalty cash.
Gonna do a 36 month lease, 12k miles,
1000 down. after all been said and done i will have paid 10806.12 (inclucing taxes, fees, aquisition fee, etc) which is 45% of MSRP.
If I may ask, any particular reason you traded the 11 for the 12?
I went from a manual VW Passat to the automatic transmission n the 11 Elantra. Hard adjustment, manual is just way more fun.
Nice call I say!
What part of the country? Also.. what color is it?
If I had to guess, I'd say that the car is worth about $19,500-20k with navi.. There's some auction results but no way to tell if they had Navi or not.
I could probably retail the car, certified, for about $22,995 I'd think if it's the right color.
USE THE CRUISE CONTROL! It makes a HUGE difference!
That's based on customer feedback.
Bill
Limited no Navi
In St Louis Missouri
Thanks for tie input
My current insurance carrier is Allstate (Home, Auto, Unbrella) with pretty full coverage. I sent my agent a note to see how much the Elantra would cost per 6 month policy period. Suprise... it came back 53% higher than my 2008 Saturn Outlook and 36% higher than my 2004 GMC envoy. Those were $39K and $35K MSRP vs $19K for the Elantra. My agent claims they are less expensive to insure because of the availability and cost of repairs than the Hyundai.
Has anybody else found this to be the case when insuring their Elantra?
Thinking about this, makes it even harder to comprehend. Collision and comprehensive coverage should be the big difference, not as much on UM, Med payments and Liability.
Thanks for your feedback.
Bill
They have paid 1 claim on the Homeowner policy ($4700) in all these years.
I'm going to at least make known to the agent that I'm not happy and might be looking around.
Thanks for your response.
I don't have the exact details on this quote from the agent. Wondering if she put something in wrong.
Then again, I think it is probably time to get competitive quotes on my complete insurance package. I think I am currently paying over $3500 a year for HO, Auto and umbrella. This could increase the total to over $4000 a year. I have avoided changing things for years, but it is probably time to look around and shake them up at the least.
Well, looking at the crash test on the IIHS site, the Elantra is a Top Safety Pick with Good rating in all areas. After March 2011 anyway http://www.iihs.org/ratings/ratingsbyseries.aspx?id=318
Were you talking about the crash performance on the 2011/2012 version of the Elantra? I can't find any links to that but the ones I do find show the 2011 as a top safety pick.
The federal government and the Insurance Institute for Highway Safety haven’t tested the 2012 Hyundai Elantra yet, but the 2011 model, which is very similar to the 2012, did very well in crash tests. It received the IIHS’ highest scores in front offset, side impact, roof strength and rear crash tests. These scores and the 2011 Elantra’s standard electronic stability control make it a 2011 IIHS Top Safety Pick.
Thanks for your input
Bill
Chevy Cruze - $420.96/six months
Ford Focus - $452.86/ six months
Hyundai- $446.46/six months
So, I'll stick with the Hyundai. I will also probably get competitive quotes on all my coverage from some major players just to see if I am being taken for a ride. I do have quite a good history with Allstate but it might not really take but a few things going wrong to see if they live up to their good hands :-).
Thanks for all the input.
Bill
Homeowner Full coverage, $1000 deductible, $385,000 property coverage.
Umbrella takes the coverage on the cars, home, etc. up to $1,000,000. That has gone up to about $380 a year. Will consider if I really need that anymore since I don't have dependents with risky behavior around any more :-)
Thanks for all the input on the discussion today folks.
Hoping to get a call soon that the Elantra is on the lot :-)
That is a general statement, but true in most cases...
It might have something to do with demographics and who owns and drives those cars..
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The following indicates that 2010 Elantras made after November 2009 improved from marginal to good due to design changes.
http://news.consumerreports.org/cars/2010/03/new-crash-test-ratings-acura-zdx-hy- undai-elantra-and-toyota-sienna.html
They know smaller cars and b/c of the crisis in Japan they can play all of us. The real question is when things settle back down in japan and civic, corrolla, and other vehichles ramp up their styling will people leave Hyundai becuase they are tired of waiting around and jump to a car then can be sold below invoice?
I had a dealer try to explain to me b/c of the Japan Tsunami there werent many Hyundai's available. I laughed and said, thats funny because most of the parts are made here in American specially Alabama, and manufacturing plant is in Egpyt and its a Korean car. Don't let any of them fool you to think that they are FLYING OFF THE LOTS. The only reason they are "Flying off the lots" is because they only put 3 or 4 on lot at a time.
The dealerships are the ones asking, and apparently getting, MSRP and in some cases over.
Elantras are built in Alabama or at Hyundai's Ulson plant in Korea. From the info I saw, the Egypt plant belongs to a contract manufacturer (Ghabbour Group) and build cars for that market only.
As to the Japanese earthquake (the root cause of the tsunami), it impacted not only Japanese car companies but component manufacturers. Those component manufacturers make parts that go in many brands. One of GM's trucks, for instance, was the first to have production idled due to a parts shortage.
I'm unaware of any auto manufacturer intentionally starving their dealers & customers of product. This is a different segment from, say, video console systems where it's alleged that Nintendo intentionally held production down to keep buzz high. In that market, people will easily wait or buy multiple systems. In the automotive market, if a manufacturer doesn't have product available when a consumer needs a car, the consumer looks elsewhere. Many customers are not able or willing to wait for weeks on end for the chance at a car.
It is not in Hyundai's interest at all to spoon feed cars to the marketplace. They can't gain the buzz from a Top 10 Seller list if they intentionally don't offer enough cars for sale.
And realistically, the Elantra doesn't have to hit invoice. In the Compact Cars thread I posted a comparison between an Elantra and a Cruze. Comparably equipped (both nicely loaded), the Elantra was more than $2K cheaper than the Cruze. A Cruze at invoice is thus still more expensive that an Elantra at MSRP.
Last month, the Santa Fe SUV and Tuscon crossover vehicle made the largest strides in sales percentage increase, but the stars of the show continued to be the Sonata and Elantra which sold 20.682 and 15.054 units respectively.
That looks to be almost 500 Elantras per day for the month.
Matter of fact, I do remember reading an business article earlier this year that Hyundai is looking at possibly building another plant to boost capacity, but that is a few years down the road yet.
You can tell I'm in no hurry. I am getting sick of half-heartedly car shopping and I know I want an Elantra, but I also want to get the best deal possible. Can anyone shed light on when I can expect dealers to finally start offering deals on Elantras or should I just give up and put down a deposit somewhere and pay MSRP?? Help!
Realistically you have to look at a few factors:
1. Compact/fuel efficient cars like the Elantra are in heavy demand right now. While no one can say how long that will be the case, it may well continue through Fall.
2. Hyundai is apparently having trouble making them fast enough to meet demand. Thus, dealers have little motivation to discount & Hyundai has no motivation to offer rebates. Hyundai isn't even offering loyalty cash on them.
3. Nicely equipped the Elantra is already a bit cheaper than a similar Cruze or Focus.
4. Used car prices are up a fair bit, making the difference between a new & late-model used car smaller. This means there's less incentive for a dealer to discount as lower new car prices might push their used car prices down.
I guess my point is that MSRP, or near enough to it, may simply be a good deal - or a good enough deal - already. Might you get the car for $500 less next February? Sure. But maybe not. And even if you could you will have missed out on having the car for a few months.
If you can wait another month go do the motozuma thing; it'll get you up to $500 off. http://rosenhyundai.com/Hyundai-Motozuma/
I doubt that any of us Hyundai dealers are going to be seeing the supply/demand ratio change anytime soon.
Gas prices are high, the Elantra's press is only getting better, and demand is up.
If it's any consolation, an Elantra GLS in my market at MSRP is $395-405 over invoice. Granted, things may be different elsewhere in the country as ad fees may vary.
I've been in the car business for 16 years and I can assure you that with mass market brands, if the manufacturer has a choice between moving metal and dealer margins they are most certainly NOT going to take dealer profitability.
The truth is, manufacturers are generally concerned with CSI, warranty claims, and moving metal. If Hyundai could flood the market with Elantras without sacrificing quality or drawing the ire of the UAW into their plant, and thereby sacrifice dealer margins, I can assure you that they would.
From what I have heard from our Hyundai reps, the reason that they are afraid to ramp up production any further is that they are concerned with quality slipping, they'd rather move less cars than start slamming them together. To be fair, I gotta say that I admire this.
The market on these is very funny right now, they are bringing huge prices at auction, but on the coasts. Also, the majority of those selling at auction are being exported. To where I have no idea but the Hyundai dealers that I talk to sure arent paying $1k back of original MSRP on them to resell.
If you own the car outright it might make sense to try a private sale.. I'd ask $20,900/bo and you should get $19,500-20k I'd think.