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Old Jan 14th, 2009, 07:34 PM   #1 (permalink)
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Default 09 hyundai discount + 0% financing

Looking at purchasing a 2nd car, thinking should I go the used car route, no or very little warranty left or buy new and take a big hit as soon as I drive it off the lot. I can get in a 09 Elantra L auto taxes in for 16450 and 0% financing for 36 months, $457 pm with 0 down. Elantra seems to get pretty good reviews out there and I havent checked the civic lately but Im looking at 5grand more for one.

http://www.hyundaicanada.com/Pages/S...romotions.aspx
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Old Jan 14th, 2009, 07:41 PM   #2 (permalink)
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wrong forum, should be in
Motor Vehicles & Accessories
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Old Jan 14th, 2009, 07:45 PM   #3 (permalink)
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post moar!

idiot.
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Old Jan 14th, 2009, 07:49 PM   #4 (permalink)
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Want to make sure we get this straight before it gets posted. You can get any of these cars on that page at the 'Smart to Buy' price and get 0% financing at the price. If so, unless I'm missing something, that's very hot for some of these vehicles.
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Old Jan 14th, 2009, 08:12 PM   #5 (permalink)
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Wow! Seems like a great deal!

<Ponders trade in values>
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Old Jan 14th, 2009, 08:38 PM   #6 (permalink)
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Off topic i have a 07 Elantra (the first year of the new model) and i love it besides the lack of an ipod hook up/aux jack in the stereo its been perfect for me. Fairly reasonable on gas as well. Being able to get the cash discount price AND finance at 0% is a pretty hot deal so far as i'm concerned. I wonder however if the cash discount applies to all trims of a given model or just the specific one listed.
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Old Jan 14th, 2009, 08:39 PM   #7 (permalink)
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Quote:
Originally Posted by deano43 View Post
Looking at purchasing a 2nd car, thinking should I go the used car route, no or very little warranty left or buy new and take a big hit as soon as I drive it off the lot. I can get in a 09 Elantra L auto taxes in for 16450 and 0% financing for 36 months, $457 pm with 0 down. Elantra seems to get pretty good reviews out there and I havent checked the civic lately but Im looking at 5grand more for one.

http://www.hyundaicanada.com/Pages/S...romotions.aspx
op,

I switched from a 02 Civic to a 07 elantra (i did not like the new look/dash of the civic) and i've been totally satisfied.
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Old Jan 14th, 2009, 08:41 PM   #8 (permalink)
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In the 'fine print' it would seem the cash discount is only available on specific trims (all the manual transmissions)
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Old Jan 14th, 2009, 10:14 PM   #9 (permalink)
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not sure on what the requirements are for the 0% financing, but if there's no hidden catch then it's a great deal. hyundai has made great strides in building quality vehicles. i may not like everything about their cars but it's hard to beat some of the prices, especially with 0% financing -- no reason to buy used if you can get a new car with warranty.
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Old Jan 14th, 2009, 10:21 PM   #10 (permalink)
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Well, after you add in all the auto, ac, freight and tax and all that, is it that hot anymore?
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Old Jan 14th, 2009, 10:50 PM   #11 (permalink)
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Quote:
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Well, after you add in all the auto, ac, freight and tax and all that, is it that hot anymore?
Am I wrong or isn't 'Delivery and Destination Incl' basically freight and pdi included in that price?Otherwise the prices don't seem to add up, for the Sonata they list a starting price of $23,560, but the most basic Sonata is only $21,995.... so I imagine all you have to add is ~ $1000 for auto, plus tax.

I drove the '09 Sonata a few months ago, was pretty impressed with it. I'd imagine this is a Hyundai rebate to the dealer, so you could probably negotiate further on the cars?
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Old Jan 14th, 2009, 10:56 PM   #12 (permalink)
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On the question of residuals - think about the situation in 4 years time say - current improved reliability that Hyundai is starting to get a reputation for becomes an accepted and feeds into residuals on existing used stock, plus the big 3 are no more or have significantly upped their game and their prices, meaning no more cheap new cars and better residuals for quality used vehicles.

This deal looks a much better offer than the GM and Chrysler ones posted here right now.
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Old Jan 14th, 2009, 11:07 PM   #13 (permalink)
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On all the Santa Fe Models you get the $3k price adjustment and the 0%. This includes the models with auto like the LIMITED AWD.
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Old Jan 14th, 2009, 11:21 PM   #14 (permalink)
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I learned to drive in an Elantra about 10 years ago and thought it was a great little car back then! I always thought it would be nice car to own and I'm sure they've improved it a bit in ten years.. Hyundai has come a LONG way in terms of quality and reliability - my sister has a four year old Tiburon that has been rock solid. The one thing to consider though is that consumer confidence in Hyundai hasn't improved as much as the cars themselves have - so they don't hold their value as well as say a Honda or Toyota. If this is a car you're going to buy to drive until the wheels fall off, don't look back, but if you plan on trading it in later the trade in values aren't spectacular. The Elantra gets excellent reviews though - if you take a look at reviews for used '07's or '08's (09 is too new) they're very good: http://www.edmunds.com/hyundai/elant...x...1.Hyundai*
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Old Jan 14th, 2009, 11:29 PM   #15 (permalink)
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Quote:
Originally Posted by juggie View Post
Off topic i have a 07 Elantra (the first year of the new model) and i love it besides the lack of an ipod hook up/aux jack in the stereo its been perfect for me. Fairly reasonable on gas as well. Being able to get the cash discount price AND finance at 0% is a pretty hot deal so far as i'm concerned. I wonder however if the cash discount applies to all trims of a given model or just the specific one listed.
I have an 08 Elantra that I picked up in the summer at 0% financing. No catch. The car is all that and a bag of chips (where the chips in the 08 include an AUX jack). The car doesn't have a the jump of the Mazda3, but is a much more solid, comfortable ride. The interior is very clean and classy. Well designed all around. My buddy has an 08 and an 09 Corolla, and those cars get slightly better gas mileage than the Elantra, but they both have a very light, cheap feel to them as you drive or even just sit in them. I can't comment on reliability of the Elantra of course, but based on the word from all the "experts", it looks very positive.

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