Hyundai Elantra 2001-2006

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Comments

  • ab348ab348 Member Posts: 20,353
    Any owners of GT hatchbacks out there that care to provide some feedback on the car? I had never considered Hyundai before but I like the GT hatch and would like some opinions. Thanks!

    2017 Cadillac ATS Performance Premium 3.6

  • backybacky Member Posts: 18,949
    Are you in luck! There's an entire board here dedicated to the Elantra GT Hatchback. Check out "Hyundai Elantra GT - 5 door".
  • backybacky Member Posts: 18,949
    I think it's dangerous to compare prices across regions of the country. There are regional differences, as noted in the Edmunds.com TMV pricing. Sure, you'll get an occasional bargain like an Elantra base 5-speed for under $10k; I've seen these myself in the Twin Cities. But these are "loss leaders", and the ads are usually accompanied by the stock numbers of the cars (one or two) that qualify for that price. As noted, 5-speeds are generally less popular than automatics (although I'm a stick shifter myself), so dealers try to lure customers in with lowball prices on the 5-speeds and try to upsell to the automatics and the models with packages. IMO, any price that is close to the dealer's invoice, before rebate, is a good deal. $12k for a GLS automatic package 2 is in that range. It may not be the very best price you could ever get in any city in the U.S., but you have to determine if it's a fair price for your area. One dealer noting that there is no way they could meet the other dealer's price is one indication that you are in the "good deal" ballpark. Resist the temptation to compare prices in your area to prices 1000 miles away, unless you intend to travel to that area to buy a car (and maybe if you can get it for $1000 less, it would be worth the drive/flight).
  • mpgmanmpgman Member Posts: 723
    Buy one. Nothing out there can touch it new for the price, content, and warranty.
  • ejakabejakab Member Posts: 20
    Your advice sound very well-thought. Thank you.

    Regarding the sales tax: there are some dealers in NY, near the border with CT, that register cars also for CT, so you pay only CT sales taxes AFAIK.

    My local dealer called me back today, and quoted a price $400 higher than in NY, after taxes. I would accept that if they only had a nice color in stock. They don't. So I will wait for another promotion.

    One thing is sure: I am very impressed with what I have learned about Hyundai and Elantra. I am only afraid that CR might recommend it in the April issue, and make the prices go up.
  • vocusvocus Member Posts: 7,777
    They didn't recommend the Elantra or Santa Fe last year, putting them both on the 'used cars to avoid' list. It seems alot of cars made it to that list for 2003, so I wouldn't worry about it.

    I would also like to know where all these troubled Elantras are. I have only seen one or two problems with these cars on this board.
  • graphicguygraphicguy Member Posts: 14,143
    Maybe my son and I were fortunate to get the deal we did. It's true, however, deals from different parts of the country aren't going to be the same. There are so many variables like the volume of cars the dealer sells (which, I'm sure had something to do with the deal I got), the demand in your locale, the dealer stock, etc.

    Both "volume dealers" in my area had about 50 Elantra GLSs in stock when we bought my son's car. Out of all of those, I found only 6 with 5-speeds and option #2 packages. They had another 20 or so GT models. It was the end of the year when we bought, so I'm sure that they were trying to move as many as possible before the end of the year.

    I'd offer the dealer $250 over invoice. You keep the $1,000 rebate. The only additions should be taxes and tag transfer fees. Tell the dealer you're ready to buy when you go in. If they don't take the deal or try to "bump you up" for more money, then I would tell them you are going shopping elsewhere. Do this with 2-3 dealers. If no one "bites" on that deal, offer $50 more. Keep doing that and you'll find out pretty quickly whether you have a good deal or not.
    2024 Kia EV6 GT-Line AWD Long Range
  • ejakabejakab Member Posts: 20
    Thank you for the advice.

    I am already $400 below invoice and I have the rebate. They can't cut more. It's a small dealership and they have only one Elantra GLS with Option Package 2 for now, and that one is white (grrrrrr!).

    I am positive I won't be able to get the car I want during this promotion. I just hope Hyundai keeps its good habit of offering incentives every 2 months.
  • graphicguygraphicguy Member Posts: 14,143
    Sounds like you've been thorough. We ended up getting our first color choice (silver) since they had so many.

    Good Luck!
    2024 Kia EV6 GT-Line AWD Long Range
  • backybacky Member Posts: 18,949
    CR won't put its "Recommended" label on the Elantra until all of its its crash test scores are good. It's too late now for any IIHS tests that might occur in the near future to affect the April issue. If you want to get a real good deal on a '03, wait until this fall when a refreshed Elantra is due with a VVT engine; dealers may put big discounts on the '03s to clear them out.
  • graphicguygraphicguy Member Posts: 14,143
    I've never put much stock into CR reveiws. Their testing procedures are flawed. It stands to reason that their readers will only buy what they recommend...kind of self perpetuating. If CR tells their subscribers that only Hondas and Toyatas are good, then those will be the brands that their readership buys. Their readership won't admit to having poor experiences with CR recommended cars. If someone had a bad experience with a recommended car, then why subscribe? Even their testing of cars is "tilted" towards a certain type of driver.

    If you play the waiting game to buy the "next update" for autos, you'd never buy a car. The "newest model" is always going to be portrayed as "new and improved".

    Gov't crash ratings are high for the Elatra and that's good enough for me. The insrance institutes will test what "costs them the most money to repair". Again, a bit self-serving.
    2024 Kia EV6 GT-Line AWD Long Range
  • zigliflerziglifler Member Posts: 99
    dude i like you . you say it so well , straight and to the point , and as far as i am concerned you hit the nail right on the head. Thanks for the comments i hope you stick around . i like reading what ya have to say .
  • vocusvocus Member Posts: 7,777
    Backy: CR doesn't include crash tests in the ratings. Only the car's test scores and its reliablity rating based on its subscriber polls.

    Graphicguy: The IIHS rates car based on injury to their 'dummies' when the car is tested. Their tests are more stringent than the NHTSA tests. NHTSA only does the flat-into-barrier test at 35mph, while IIHS does the offset crash test. If you look at cars that have been in accidents, you will see that hardly any of them are ran flat into an object.

    My friend just wrecked his 1997 Sentra back in October, against a Jersey wall on the highway. He didn't even hit flat, the left side of the car hit the wall first.

    I personally think they should mandate the IIHS tests in this country, and/or make the crash tests more stringest as in Europe. I would like to see how many cars on US roads would have to be brought up to standards then.

    We don't even have 5mph bumpers, for crying out loud! We get the crappy 2.5mph units, which is why bumper repair estimates are so high. This also contributes to higher insurance rates.
  • jimbeaumijimbeaumi Member Posts: 620
    Wrong: CR will not recommend a car if any of its crash tests results in a "poor" rating. They recommend a car based on this criteria, plus the criteria you mentioned.
  • backybacky Member Posts: 18,949
    >>> Their testing procedures are flawed. <<<
    How is that? Do you think they erred then when they rated the Elantra GLS "Very Good"? ;-)

    >>> It stands to reason that their readers will only buy what they recommend <<<

    I've read CR every month for 30 years. I bought an Elantra back when they considered all Hyundais inferior, before they had tested the '01 GLS and before they had recommended the Santa Fe and Sonata. Some people get input from different sources and then make up their own minds, rather than blindly buying whatever a magazine recommends.
  • alpha01alpha01 Member Posts: 4,747
    Lots of consumers use CR as a reference point. I do. But I also use Car and Driver, edmunds.com for pricing, etc. Give the purchasing public a little more credit, graphic guy. And to your point, if readership wont admit to flaws in a vehicle, what about the new Camry and its drop from 'Much Better than Average' to 'Average' for Reliability. I dont think your points are valid, and I think CR does a good job, despite my disagreements I may have, due mainly to personal taste. That said, most new Hyundais tested by CR are doing very well- so whats your issue?
    ~alpha
  • codata99codata99 Member Posts: 123
    "If you can't find someone to roll this car, I will."
    http://www.newsmax.com/commentarchive.shtml?a=2002/6/28/173327

    "A reasonable jury could find by clear and convincing evidence that CU sought to produce a
    predetermined result in the Samurai test," Judge A. Wallace Tashima wrote for the majority.

    http://www.rcfp.org/news/2002/0627suzuki.html
  • alpha01alpha01 Member Posts: 4,747
    Or not. I dont care about the Samurai, or the jury's findings, I take CR for what its worth- fair reliability rankings, which nobody seemsto provide. Regarding the Suzuki, I was never in the market for such a vehicle and never will be. Is it a tragedy that CR flipped the Samurai? No. Did it ruin CR's credibility? No. Was the Samurai unsafe? Probably. Does anyone care about its demise? Not really. Did Suzuki fold? Nope- and they are mounting a significant threat.

    No big deal.
    Back to the Elantra- saw a black GT sedan yesterday! Looked good.

    ~alpha
  • lmp180psulmp180psu Member Posts: 399
    great links to the consumer reports/suzuki conflict.
    I find it very disturbing the CR would go to the lengths they did to rig their test. It seems like there is pretty obvious evidence against CR, and I will never look at their test results in the same way. Maybe if CR didn't have a policy of not using advertising, they could afford to fund their new facilities, instead of finding an "inventive" way to raise funds. For the consumers sake, I hope CR gets fined/punished severely for this deception.
  • graphicguygraphicguy Member Posts: 14,143
    CR and the IIHS are both self serving.

    I wish I could find the article from a few months ago regarding the "flaws" in their rating technique (I think it was in FORBES or FORTUNE).

    Essentially, they said that the statistical techniques they use are self perpetuating. In other words, they only consider what their readership reports. Problem there, if CR reported that YUGOS were reliable, then the readership would tend towards buying YUGOS and rating them high because CR says they are reliable. Even if their car is junk, since the CR readers have spent money on their mag or ratings guides, then they must put some "stock" into the ratings. In setting expectations, CR's ratings set the expectation that anything that goes wrong with cars they recommend to be "normal". Therefore, the readership gives high marks to a car (conciously or unconciously) becasue CR says it is so, regardless of the ownership experience.

    As far as CR testing, they have had more than their share of "faux pas". They crucified Audi back in the '80s for unintended acceleration (as did "60 minutes". Ended up being driver's error. I've never seen one case of "unintended accleration" claim ever be anything but driver's error. Audi has just started to come back after that fiasco. They also intentionally "rolled" certain SUVs, claiming them to be unsafe. Well, if you try to roll one, you most definitely will. They are meant to be driven differently than cars. The vehicle dynamics are different. More disappointing, even when they were proven to be wrong, they wouldn't admit to their mistakes. CR has lost credability since then. Although, I will "glance" at their toaster recommendations. They should stick to that.

    IIHS is the same way. They rate based on the "payout" they have to make on crashes. Not whether the people who have an accident are, in reality, injured in an accident. At best, they can predict that a given single "dummy" will sustain this amont of damage at this particular angle of crash. Different shapes and weights of the people who drive a given car would result in different injury results. Further, people react differently in crashes. Dummies cannot react. A car could be mangled beyond recognition and the insurance company may have a huge payout (that's the basis for the test), but the occupants could come away relatively unscathed. IIHS can't predict those types of scenrios (neither can the NHS)...only what a single dummy that weighs a certain amount that cannot react in an accident.

    Fact is, no one can predict what will happen in any given accident short of taking every body type and weight and trying to predict how a person will react in every given situation. To my knowledge, no one has done that. But the IIHS will charge you higher or lower insurance amounts based solely on the amount the insrance companies pay out, not whether inuries or death occured.

    ziglifler...thanks...I just "call them as I see them" since I've been driving for 30+ years and been through numerous car purchases and (luckly) survived a few crashes. Also, have friends in the insurance business (but that doesn't make me an expert).
    2024 Kia EV6 GT-Line AWD Long Range
  • alpha01alpha01 Member Posts: 4,747
    but others among us are wise enough to make decisions with all the facts in mind.

    and you clearly arent an expert (though I appreciate your disclaimer) because the IIHS does not directly write policies, and therefore cannot charge anyone:
    "But the IIHS will charge you higher or lower insurance amounts based solely on the amount the insrance companies pay out, not whether inuries or death occured." No.

    "A car could be mangled beyond recognition and the insurance company may have a huge payout (that's the basis for the test), but the occupants could come away relatively unscathed." Where's your point?
    Most cars in the IIHS tests are mangled beyond recognition, and the dummies come out "alive". A payout for a mangled car is much less than for a mangled car plus a dead driver- THAT is the basis for the test.

    My point: If we didnt have crash tests, we wouldnt have seatbelts, crumple zones, airbags etc. Yea, thanks, I'd rather have em. For those who dont like them, its easy enough to disconnect your airbags or not buckle up.

    Oh, and, thank you for pointing out that dummies cannot react in a crash. We were all unaware of this. Again, whats your point? It seems to me that even when people react, they still hit things, which is where the tests come into play.

    I like to have as much information as possible. I would gladly read the Forbes article regarding CR, if you would post it please. But if CR is so "self serving", then how did Hyundai's reliability improve dramatically over the past 10 years, how did Honda's highly rated Odyssey and Civic fall two rankings, and why would the second lowest rated small car, the Cavalier, acheive an averge ranking? BEST EXAMPLE YET: THE FORD FOCUS, upon its debut, tested out highest of all small cars by CR. By your logic, all small car buyers should have flocked out to buy it, based on its high rating, then been unwilling to accurately evaluate relability, and it would have been rated at least average or better in that regard. WOW! Turns out... CR rates its reliability lower than practically any other small car out there. Highest Test Scores, but worst reliability. Crazy, man.

    ~alpha
  • backybacky Member Posts: 18,949
    CR obviously has it in for the Hyundai Elantra, just like they did for the Samauri. Witness what they did right after they rated the Elantra "Very Good" and its reliability surveys showed the '01 Elantra to be just a hair under "Average." They realized they had a huge problem on their hands: they might actually have to put their "Recommended" label on a Korean car! So they discreetly changed their criteria for recommending cars: they added a new criterion, that a car must also do well in crash tests in addition to doing well in their own tests and having at least an "Average" reliability rating. By this time they knew the Elantra had received a "Poor" score on the IIHS frontal offset crash test, and that Hyundai's official stance on it was that the IIHS tests did not match the results of their own tests. (I wouldn't be surprised if one of the IIHS staffers said during the Elantra tests, "If you can't find a way to get the Elantra a Poor rating, I will!" I don't know that anyone actually said that, but I wouldn't be surprised.) Unfortunately for CR, their little plot did not work because their readership (the ones who do exactly as CR tells them to do) took the outrageous action of giving high marks for reliability to several other Hyundais, including two that had tested out well in CR's tests and that had good crash tests results: Sonata and Santa Fe. So CR was stuck--it had to recommend those vehicles. CR was so chagrined by having to recommend some Hyundais that when it came time to test the Accent (begrudgingly, as it had never before tested one in all the years it has been on the market), it made sure that it did not get a good test score by tossing it into a test group of much larger, more expensive compact cars, rather than comparing it to other cars in its class. CR has also has managed to avoid recommending the XG350 by never testing it. And of course it avoids testing Kias like the plague, because obviously all Kias are junk and not worth CR's time and their readers' money.

    Or more likely, this is all just coincidence than an insiduous plot by CR against Korean cars. The alleged actions of certain CR staffers against the Samauri are despicable, just as are the occasional rigged stories by 60 Minutes and Dateline and other news organizations. I don't think that invalidates all work done by CR, CBS, and NBC over the years. It means that some people who work for these organizations have made mistakes.
  • lmp180psulmp180psu Member Posts: 399
    backy, your last post was pretty funny, but CR probably has a bias against Korean cars, especially Kias, just as a portion of the public still will never consider a Korean car because of the Excel, and products of the early 90's. I never saw a funnier( and such a blantant hate) statement about the Kia Sephia/Spectra until I read CR- " You would have to search far and wide to find a worse car than this one.....". They do seem to be a little more fair of Hyundai's though as you mentioned, but I agree that they could have tested the accent against similar cars in its OWN class such as echo, rio etc. Are Hyundais that much better than Kias, because even mags like C&D rated the Elantra(2nd), while the Spectra was (10th-last) in their recent economy car comparison; they said that the only good points were that it had nice wheels, comfortable seats, and started every time. They summarized by saying " Why buy used when you can get brand new 80's technology" LOL. While the Elantra's summary was "If you can find a better portfolio of feels and features at this price, buy it"; and they also said it was actually fun to drive! There may be a bias still against korean cars, but it seems as if Hyundai is improving to fight through the bias, while Kia still needs to imporove its products ( but the SUV seems to be getting positive reviews).
  • backybacky Member Posts: 18,949
    it wasn't clear, my tongue was in my cheek the whole time I typed my last post. I would like to see better coverage of Hyundais (like the Elantra GT, haven't tested that one either) and Kias by CR, but I don't believe they're plotting against them. I think the Accent snafu was because they needed a fourth car to fill out the field for their last small car comparo (they seem to test cars in groups of 4-5) and they said, "Hmm, we've never tested an Accent and it was tweaked for '03, maybe we should toss it in." (They could have tossed in an Elantra GT sedan, but NOOOOOO!) And I agree with them that the Spectra is one of the worst cars available today. So does almost every other reviewer, like C/D's. But CR needs to test models like the Optima, Sorento, and Sedona to get the complete picture on Kia.
  • ejakabejakab Member Posts: 20
    Sorry, guys, to interrupt the interesting thread about CR, but does anybody know what is the time/mileage limit to buy an extended manufacturer's warranty for the Elantra? I would prefer being able to postpone the decision until after I bought the car.

    Regarding CR, I am afraid that most of the people buy cars based on CR's recommendations, and this might be the cause of the fact that Japanese cars tend to keep their value much better than Korean ones. I almost had an argument with one of my good friends who owns a Mazda and who told me that: "Yeah, Korean cars are better if you like having more toys in your car, but if you just need a good car, stick to the Japanese!".

    So, I guess, I'm gonna buy my toys this week. :D

    Funny thing is that I had never thought about Elantra until I stumbled over its CR review. I used to want to buy a Corolla or a Civic (I still appreciate both for their reliability).
  • backybacky Member Posts: 18,949
    If memory serves the time limit to get a Hyundai extended warranty is 1 year or 12,000 miles. I'm pretty sure about the one year, because that's when I was scrambling around trying to find a great deal on a warranty. I didn't find a good enough deal, so I didn't go for it. I'm not so sure about the 12,000 miles because my car had only about 8000 after 1 year.

    You know what they say about toys... he/she who has the most toys, wins! 8-)
  • vocusvocus Member Posts: 7,777
    I thought it to be strange that the Accent was in the test group with the Aerio, Cavalier, and ION. They are all larger, more expensive cars. The Accent competes with the Rio, Echo, etc.
  • graphicguygraphicguy Member Posts: 14,143
    alpha...didn't mean to "rustle your feathers". I've found that I never claimed that IIHS pays out any insurance claims. They are funded by a consortium of insurance companies. Certainly, having death occur in any vehicle that's been in an accident will cost the insurance company money. Insurance companies look for ways to set higher rates. That's how they make money and that's why they fund IIHS. Their tests are going to be skewed by what's best for the insurance companies. That's also the reason I put more stock into the NHSA tests since they aren't funded by any special interest group.

    I like to have as much infomration as possible when making a car choice. I just don't want the information to be "skewed".

    Regardless of what CR says about any car, I was just pointing out the flaws in their ratings and testing. Also, their arrogance in not admitting to their mistakes. I read several business mags every month. I wish I could recall which month I read the article, but can't. I believe it was either in FORBES, FORTUNE or BUSINESS 2.0. I was just pointint out the conclusions of the article regarding CR.

    CD, MT, RT don't do a lot of testing for entry level cars. Every once in a while, one will pop up, but not often. Their readership is more for the "auto enthusiast", not the economy car enthusiast. Come to think of it, I don't think I can recall any of those pubs having anything more than just a "blurb" about the ACCENT.
    When my son and I bought the Elantra, I didn't see but one ACCENT on the dealer's lot.

    ejakab....you can buy extended warranties from 3rd part sources like warrantydirect any time within the manufacturer's warranty period. I'm not sure what Hyundai's policy is. Ask the dealer...they should know.
    2024 Kia EV6 GT-Line AWD Long Range
  • vocusvocus Member Posts: 7,777
    How is the IIHS going to 'schew' the information in the crash tests? I was just curious to have you elaborate on that.
  • graphicguygraphicguy Member Posts: 14,143
    IIHS tests are skewed since they are funded by the insuarance industry. They test based whatever data the insurance companies tell them...and the insurance companies are looking to use data to support higher premiums and lower payouts. As I said before, that makes them self-serving as opposed to the NHSA, which isn't beholden to any private companies or industry.
    2024 Kia EV6 GT-Line AWD Long Range
  • vocusvocus Member Posts: 7,777
    Would you support the NHTSA in doing the IIHS's offset-type crash tests? I think it would make the cars in the US safer. I would love to see half of the cars sold in the US put through the NCAP tests that European cars have to pass...

    Is there any proof to your theory about IIHS tests? Just curious.
  • graphicguygraphicguy Member Posts: 14,143
    Do I have proof that IIHS is a lobbying group and an "arm" for insurance companies?

    Well, my former spouse is the liason between the insurance company she works for and special interest lobbying groups. She oversees "special funding" for government lobbying and payments to special interest groups. IIHS is one of the budget line items that gets dollars from her company. Her company is one of the ones (among other major insurers) that funds the IIHS. The IIHS results are one of the ways her company sets premium rates for automobile insurance. IIHS' income is derived from these insurance companies.

    Regarding offset crash results, the statistics I've seen has offset crashes being almost entirely made up of low speed crashes (fender bender type accidents). The vast majority of major dollar payouts come from higher speed "t-bone" type accidents or highway fatalities where one vehicle hits another vehicle "flush" (as in a sudden stop on the interstate like "rear enders").

    Don't know if that's proof enough or not, but it works for me.
    2024 Kia EV6 GT-Line AWD Long Range
  • vocusvocus Member Posts: 7,777
    I hope you know I wasn't trying to be smart, but I didn't know any of the stuff you posted above. I guess I could see where it would look like the IIHS would work hand in hand with the insurance companies.

    I have a friend who works for a major insurer, and am gonna ask him about this to see if he knows anything about it.
  • npkbnpkb Member Posts: 25
    Last night I bought a 2003 Elantra GLS AT with package 2 (cruise+keyless+alarm) for $12,250 including tax/doc+other fees with freebies like mud guards($60), mats($50) and appearance/rust protection package($750). Thats about $2K below invoice + $850 in freebies. Also got financing at 4.9% for 48 months.

    GLS with AT -----$10,600 (MSRP $13,350)
    Package 2 ----------$ 400
    Freight ----------------$ 500
    Taxes -----------------$ 750
    -------------------------------------
    Total -----------------$12,250

    I think I got a good deal. What do u guys think?

    I like it so far and I'm pretty impressed with Hyundai's quality. I don't see any difference between this and a Civic LX, which would've costed me $14.5K+taxes (~$15.5K). I paid 3 grand less and got a much better warranty!
  • vocusvocus Member Posts: 7,777
    Congrats on your new car! You got a good deal, but who cares if you didn't get the best deal on the block. Enjoy your new car! That's all that matters now. :)
  • graphicguygraphicguy Member Posts: 14,143
    No offense taken.

    I didn't know any of this until my (at the time) spouse told me about it. It's kind of a "follow the money" type trail. I'm not saying that IIHS doesn't do good work. I do question the directives they get for testing and where those directives come from.

    What I don't know is which specific insurance companies participate. I also don't know if all insurance companies use the IIHS for their premium guidelines (which may explain large shifts in premium amounts from company to company). My understanding is it is the major ones, though.

    npkb...I agree with vocus...you'll drive yourself nuts worrying about if you got the best "rock bottom" deal. There are just so many variables like geography, dealer, stock, time of year, etc that affect individual deals.
    If you're happy, that's all that matters. Congrats on the new car!
    2024 Kia EV6 GT-Line AWD Long Range
  • lmp180psulmp180psu Member Posts: 399
    I never understood why the Elantra's insurance rates seemed to be higher than any other quotes my friend Anthony got (from State Farm), until I read graphicguy's theory/explanation. Last year Anthony was looking at different quotes from the Elantra, to the Altima, and a BMW 3-series(just for giggles). The Elantra was the most expensive at about 190/month, the bmw was a couple dollars less, and the altima was 175. Maybe because the Elantra had poor offset crash test results (a test done by IIHS), the insurance companies are charging high rates for the Elantra. Of course, others may have had different quote "rankings" with respect to other cars. But just a thought.
  • goofy10goofy10 Member Posts: 17
    I hit 10,000 miles on my elantra yesterday! Im soo happy ... this car is great not one problem so far. Im almost glad I couldnt afford a mustang at the time i bought this."almost"
  • lrh_2003lrh_2003 Member Posts: 4
    (Note -I posted this to the "what did you pay" board as well, so apologies on the duplicate)

    I'm confused by something that may be specific to location (I'm in Chicago area) - the issues of sales tax & rebates. Online calculaters, (Edmunds, etc.) figure taxes BEFORE subtracting rebates, yet my dealer is including this amount into figuring sales tax. So he mentioned with a 1500 rebate now my taxes will increase a little (when I looked into car last week it had a 1000 rebate). I questioned this, stating my research suggests that rebates come off after, but he said he "wasn't sure if it was IL specific or something but that's what they did". Anybody have any knowledge of this practice differing by location? Is this accurate info?
    Thanks a bunch. I am excited to be getting my new manual GLS w/pkg 3 but am trying to avoid "buyers remorse!" -LH
  • csandstecsandste Member Posts: 1,866
    the former Elantra platform especially the "grill-less" version before the mid-term strengthening had a fairly high loss ratio. I think some of these loss data gets passed along.
  • lmp180psulmp180psu Member Posts: 399
    Does the $1500 rebate you got, include a $1000 rebate plus a $500 Hyundai loyalty rebate or something similar? I am asking this because Edmunds lists no rebate this month and carsdirect lists a $1000 rebate until 3/31. Not that I am ready to buy now, but this might help others. Also could you tell where you found the rebate is listed as $1500. Thanks and congrats on your impending purchase.
  • lrh_2003lrh_2003 Member Posts: 4
    This didn't include any "loyalty" incentive, etc. (I now drive a 91 mazda 626 with 99,000 miles which I plan on giving to my son after drivers ed). A couple dealers in the Chicago area have the 1500 rebate on their websites, I think some webpages are slower to update? I found one website that doesn't list any incentive for the Elantra (but for most other Hyundais) so am kind of confused myself!! Here is what I copied from a dealer page:

    CONSUMER REBATE/SPECIAL FINANCING
    ALL NEW 2003 HYUNDAI ELANTRA'S   QUALIFY FOR 1500.00 CONSUMER REBATE OR SPECIAL FINANCING AS FOLLOWS:
    TERM                   RATE
    0-60 MONTHS       0.9%
    61-66 MONTHS     1.9%
    Rebate: $1,500.00
    Expires: 3/31/2003
  • lmp180psulmp180psu Member Posts: 399
    thanks for the info. A dealer in the Philly area had the same type of advertisement on their website, but I thought the $500 difference was a result of some rebate that a lot of people wouldn't qualify for. Dealers aren't the most honest people in the world :p
  • ejakabejakab Member Posts: 20
    My local dealer (Connecticut) has confirmed that there is a $1500 consumer rebate until 3/31/03, for the Elantras (I have not asked about other models).

    Probably carsdirect.com wants to make $500 more profit.

    If the dealer applies the rebate to the after-tax total, you lose about $90. If the price is good, don't worry about the loss.

    npkb: Where did you buy the car (just the region)?
  • ejakabejakab Member Posts: 20
    Sorry, my mistake.

    I meant that if the dealer applies the rebate to the after-tax total, you lose 1500 * sales tax in your state (in CT is 6%) on the transaction, versus the situation when the rebate is before-tax.
  • graphicguygraphicguy Member Posts: 14,143
    Although my son's Elantra was more or less about the same (by about a few dollars per month, give or take) than the other cars we looked at having him on my policy, there are so many other reasons rates vary. The one we already mentioned was how the insurance companies use test data to set rates.

    The safety of cars today (a good thing) compared to even 5 years ago, is pretty amazing. Something else that infuences the cost of insurance is the propensity of accidents any given model has. That's why two door cars tend to be higher to insure than 4-door cars. It's not that the 2-door cars are any less safe, it's that two door cars, overall, tend to be in more accidents with higher payouts. MAke what you will of that statistic, but two door cars are driven by younger age groups with less driving experience (thus, more accidents).

    Another reason, is the cost of parts to repair a given vehicle. A neighbor has a custom body shop. It must be a good business since he's got a very nice house. He customizes mainly high buck sports cars for high buck clientele. Being a good neighbor, he's always been willing to take care of my minor "fender benders" as a favor. I've been to his shop (very high buck looking) where he's shown me the differnces in such mundane things as holding clips, guage of metal....all the mundane internal parts that you don't ordinarily see.

    In general, American, German and Korean marks use higher quality steel, fasteners, etc that Toyotas, Hondas and Nissans (Mazdas use Ford parts). He's actually shown me the differences. He said that most Japanese marks cut costs in these mundane parts that no one ever sees. That's why the Hondas, Toyotas and Nissans have a "tinny" feel when you slam the doors or press on the metal.

    Before buying my son's Elantra, I checked with my neighbor. He said that the Hyundai uses very hefty parts because they have yet to enter the stage where they need to "de-content" their offerings to hit a price point. He said that Hyundais tend to be "over-engineered". In other words, where one fastener would work, the Hyundai may use 3 fasteners, for example. He also showed me the differences in VW/Audi and BMW parts, which were very substantial. The problem with the German marks is that they cost more in labor time to repair because of the way they are made. U.S. marks tend to hit price points by being more overt in what they omit. For expample, just a few years ago, even the lowly Cavalier had anti-lock brakes. Now, on GMs lower offerings, anti-lock brakes are options that they charge extra for.

    He said that Toyotas and Hondas have the thinnest paint he's ever seen. You have to move up to Lexus, Infinity, Acura to get decent paint thickness, according to him.

    Regarding taxes on any given deal, it's always been my understanding that any car purchase is taxed on the actual number the car sold for. In other words, the car you buy sells for $10,000 and your tax rate is 5%...you pay $500 in taxes. Then you deduct the rebate as either part of your downpayment or you take it as a "lump sum" (which would then be considered income on your tax return). I'm not a tax specialist, however.
    2024 Kia EV6 GT-Line AWD Long Range
  • vocusvocus Member Posts: 7,777
    I can tell you engine size has something to do with insurance rates, as well as how much it costs to repair the car. I have a VW Jetta, and its insurance was a little higher than my 2001 Mazda Protege's was, because parts are more expensive. The car is also turbocharged, so I am sure that doesn't help.

    You all wanna feel better about how much your insurance is? I am 24 with 1 point and live in the city, have house/car with State Farm, and my insurance is $233.16 a month... :(
  • graphicguygraphicguy Member Posts: 14,143
    The Jetta's a nice car...even better in turbo form. Parts are more expensive on the Jetta because they are of better quality than what you would find on a Toyota, Honda or Nissan. I don't know when Mazda started using Ford parts...probably shortly after Ford made their investment in Mazda. I seriously considered a Turbo New Beetle for myself before buying the PT. But, I wanted more room to haul things and didn't want to go the SUV or Pickup route. The Turbo New Beetle was fun to drive when I test drove it. I'm sure your Jetta is at least as fun.

    I have a PT Cruiser GT turbo and a 300M. I'm in my early 40s and the price of my insurance would have been the same whether I had a Turbo or not. That has more to do with being with the same insurance company for many years (with no chargeable accidents) than anything else, though.

    My insurance was $1,000/year on both cars. Adding my 17 year old to my policy with the Elantra more than doubled my insurance...or about what you're paying for one car.

    You're age has as much to do with your rates as much as anything else. I forget where the age "breaks" come regarding lower premiums, but I think they are 18, 21, 25 and 30. And, of course, if you get married. I never could understand that one...if you're an unsafe driver when you're single, odds are you'll be an unsafe driver when you're married.

    I'm certain if my son was on a policy by himself (as you are), his rates would be even more expensive.
    2024 Kia EV6 GT-Line AWD Long Range
  • vocusvocus Member Posts: 7,777
    My rates will be cut in half (I already got the quote!) when I turn 25. Thank God, that will be this June. :)

    I like the PT, but I had bad experiences with a Neon and Jeep Wrangler, so no Chryslers for me. I have had bad experiences with most American cars actually (Chevy, Pontiac, Ford), which is why I never plan to buy one. The best car I ever had was my 99 Mazda Protege DX for reliabilty, not one problem in 38K hard miles. Also, my 88 Dodge Aries was good too, but it only 'lived' with me for 3 months due to a moron who didn't know what 'stop' meant...
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