Dad bought a Hyundai Elantra GT today.

[dman]

Originally posted by: badluck
I would never buy that car until its resale value holds more steady....You know a car is a depreciating asset, therefore, it's always best to buy a car that depreciates the slowest (even if you have to buy used).

Hope your dad likes it though...

From an investment point of view, you are correct, used is better. But, if you want to have some comfort that the car is not going to cost you any EXTRA than $x, you generally buy new. It might cost you more in the short term, but, it can make budgeting easier...

With the hyundai, for the price of the car, you aren't going to be paying any extra for problems until the car is paid off. (Wear/tear parts not included of course). Once the car is paid off you can probably afford to make repairs on it for a while and get some of your new car investment back.

Not that much to lose IFF you plan to keep it 5+yrs.

Still I'd go another route, but I can appreciate why people choose Hyundai--even with the reputation and resale issues.

 

[OokiiNeko]

Not that much to lose IFF you plan to keep it 5+yrs.

He can pay off the car in 5 years (more like 4 years) and still have 5 or 6 years left on warranty.

So other than oil changes, tires and gas, what out of pocket expenses?

I say quite a bit to gain vice not much to lose.

 

[Rallispec]

hyundai aren't crap... the elantra is a nice little car for the money. I'd love to get my hands on a new Tiburon.

 

[slackerinabox]

Got a 2002 elantra gls myself. GREAT car for the money.. I test drived the corolla and the Civic as well and the hyundai held up nicely.. My favorite of the 3 was the civic but the price difference was insane (4-5 grand!) when I configured the Civic to match up to the hyundai's feature set (I got an elantra with AC, 4 air bags, cruise control, ABS, automatic, etc. etc. for $11,500)... The corolla didn't compare to either in my opinion.. I've had zero problems with the car (save for a few dealer fixed fit and finish issues) and the engine is shockingly powerful.. One thing to keep in mind with the elantra is the TERRIBLE stock stereo and bland entire - the GT on the other hand has a very snazzy interior and uprgraded stereo.. Good call and enjoy the car!

 

[slackerinabox]

Got a 2002 elantra gls myself. GREAT car for the money.. I test drived the corolla and the Civic as well and the hyundai held up nicely.. My favorite of the 3 was the civic but the price difference was insane (4-5 grand!) when I configured the Civic to match up to the hyundai's feature set (I got an elantra with AC, 4 air bags, cruise control, ABS, automatic, etc. etc. for $11,500)... The corolla didn't compare to either in my opinion.. I've had zero problems with the car (save for a few dealer fixed fit and finish issues) and the engine is shockingly powerful.. One thing to keep in mind with the elantra is the TERRIBLE stock stereo and bland entire - the GT on the other hand has a very snazzy interior and uprgraded stereo.. Good call and enjoy the car!

 

[RossMAN]

Congrats on the new car

Just be glad you didn't buy an entry level Kia Rio or Hyundai Accent.

 

[waggy]

If he plans on keeping it 5+ years then its a good deal. i would Never buy a new car myself. i dont feel they are worth the money.

everyone saying how hyundai's suck are misinformed. The newer ones are actually pretty good. just dont buy the base model!

 

[jlee]

Shoulda bought a used Corolla for 8k.

Originally posted by: Rallispec
hyundai aren't crap... the elantra is a nice little car for the money. I'd love to get my hands on a new Tiburon.

I don't like Tiburons much..my head hits the ceiling. :-/

 

[ElFenix]

they're ok

 

[Renob]

I got a Kia Sorento 6 months ago and so far is been a great car.
I got the EX model loaded and as far as bang for the buck it was way ahead of the pack in its class.

Oh and got a sweet deal only paid $22,000


Now I dont know how it will hold up, you never know I might some day regret buying it but now Im very happy

 

[flyfish]

$22,000 for a KIA!!! :Q
OMG!

 

[WinkOsmosis]

Originally posted by: flyfish
$22,000 for a KIA!!! :Q
OMG!

For real.. Some people value amenities more than things like handing and quality though, and Kia and Hyundai trap those people in their web of evil.

 

[isekii]

Originally posted by: WinkOsmosis

Originally posted by: flyfish
$22,000 for a KIA!!! :Q
OMG!

For real.. Some people value amenities more than things like handing and quality though, and Kia and Hyundai trap those people in their web of evil.

you didn't tell us what you drive.

 

[Renob]

For real.. Some people value amenities more than things like handing and quality though, and Kia and Hyundai trap those people in their web of evil.

Go read the review at road and track and edmonds.com about the Sorento.

I had a Toyota 4 runner that gave me nothing but problems, and the Sorento handles way better.

 

[WinkOsmosis]

Originally posted by: isekii

Originally posted by: WinkOsmosis

Originally posted by: flyfish
$22,000 for a KIA!!! :Q
OMG!

For real.. Some people value amenities more than things like handing and quality though, and Kia and Hyundai trap those people in their web of evil.

you didn't tell us what you drive.

N1554N 240sx

 

[Dacalo]

Originally posted by: WinkOsmosis

Originally posted by: Dacalo

Originally posted by: WinkOsmosis

Originally posted by: Francodman
Wow really? Well the KIA was a 97/98 model, so I don't know when Hyundai over took them, or if they've been the primary owners since the beginning. But that Kia was a genuine POS.

You say that like you don't know the Hyundai is a genuine POS.

obviously you don't know much about cars lately

I know "Hyundai has greatly improved". But it's still a Hyundai, and it's still crap in my mind, and the minds of everyone else.

I hope you know that once "Made in Japan" meant crap.

Oh and I see that you are a mind reader now with generalization.