Hyundai Elantra Transaction Prices Higher Than Average
The average Elantra is selling for more than $1,500 above an average Corolla and more than $500 over the average Civic.
This is surprising, because a main reason shoppers consider the Elantra in the first place is due to its lower entry price.
The problem is that the Elantra has become too successful. There's more demand than supply, which results in less wiggle room when it comes to negotiating price. There are some dealers who are selling these at full MSRP, and some are bold enough to even put an additional dealer markup on top of that.
Car shoppers need to realize there are two prices when it comes to vehicles. The official manufacturer price, and the actual transaction price. Just because a vehicle has a low entry price doesn't mean you're going to get a better deal on it than the competition.
You need to be aware of how the demand affects the price that you'll ultimately have to pay. As always, my advice is to test-drive and cross-shop as many vehicles as you can, and get a good feel for the types of prices you will realistically have to pay. Only then can you make a fair comparison and see which vehicle offers you the best deal.
Use the CarWoo negotiation service to see real prices that dealers are willing to negotiate on the vehicle of your choice.
![](/assets/images/cartoons/dealership.jpg)
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
About The Author
![Gregg Fidan](/assets/images/gregg/profile-pic.png)
Latest Weekly Car Buying Tips
July 2024
- All SUV Lease Deals Compared July 2024 Jul 25, 2024
- Real Prices of New Compact SUVs Jul 25, 2024
- New Cars You Should Wait to Buy Jul 25, 2024
- Cheapest Luxury Lease Deals Jul 25, 2024
- Best Car Deals by Category Jul 18, 2024
- Cars With the Largest Rebates Jul 18, 2024
- Price Comparison of Subcompact SUVs Jul 18, 2024
- Largest Hidden Dealer Rebates Jul 18, 2024
- Best 0% Finance Deals July 2024 Jul 11, 2024
- Best Bang for Your Buck Lease Deals Jul 11, 2024
- Best Electric, Hybrid Lease Deals Jul 11, 2024
- Real Prices of Pickup Trucks Jul 11, 2024
- Biggest Discounts on New Cars Jul 04, 2024
- New Cars with the Most Available Inventory Jul 04, 2024
- Top 100 Cheapest New Cars for 2024 Jul 04, 2024
- Real Prices of Midsize SUVs Jul 04, 2024
June 2024
- Top 100 Cheapest Lease Deals Jun 27, 2024
- Best Car Deals for 4th of July 2024 Jun 27, 2024
- Worst Cars to Lease Right Now Jun 27, 2024
- Real Prices of Compact Cars Jun 27, 2024
- Best Car Deals Around the Country Jun 20, 2024
- Real Prices of Midsize Cars Jun 20, 2024
- Real Prices of Large SUVs Jun 13, 2024