Question - Hyundai Forums : Hyundai Forum

Register Home Forums Active Topics Photo Gallery Garage Members List Calendar Auto Loans Search Today's Posts Mark Forums Read Auto EscrowInsurance

Hyundai-Forums.com is the premier Hyundai Forum on the internet. Registered Users do not see the above ads.
Reply
 
LinkBack Thread Tools
Old 11-13-2012, 07:58 PM   #1 (permalink)
Senior Member
 
Vadim08's Avatar
 
Join Date: Apr 2011
Location: New Jersey
2012 Elantra GLS Titanium Gray Metallic
Posts: 219
Vadim08
Default Question

So, I have been offered to trade in my Elantra for a 2013 Elantra or 2013 Sonata or 2013 Veloster. I was told that my monthly payments would stay the same as they are now. Not sure what I should do...
Vadim08 is offline   Reply With Quote Quick reply to this message
Sponsored Links
Advertisement
 
Old 11-13-2012, 08:10 PM   #2 (permalink)
SENIOR MODERATOR
 
someguy's Avatar
 
Join Date: Feb 2011
Location: Louisville, KY
2011 Elantra GLS 2009 Pathfinder
Posts: 8,052
someguy is an unknown quantity at this point
Garage
Default

If you bought your car then yes monthly payments will stay the same but you will pay for longer. If you leased then your lease starts over again.
__________________
2011 Titanium Gray Elantra GLS
someguy is offline   Reply With Quote Quick reply to this message
Old 11-13-2012, 08:13 PM   #3 (permalink)
Aaron.H
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Vadim08 View Post
So, I have been offered to trade in my Elantra for a 2013 Elantra or 2013 Sonata or 2013 Veloster. I was told that my monthly payments would stay the same as they are now. Not sure what I should do...
up to you.....payments stay the same but the year to pay off would be extened 1 year from originally planned

ex. finance car in November 2011 for 60 months so paid of November 2016

now you trade it in... back to square on
finance in November 2012 and paid off November 2017

this is assuming it is 60 months
  Reply With Quote Quick reply to this message
Old 11-13-2012, 08:35 PM   #4 (permalink)
Senior Member
 
Join Date: Jul 2012
Location: Cleveland, Ohio
Drives 2013 Elantra Limited
Posts: 157
dwausa is an unknown quantity at this point
Default

2012 for a 2013? Eh not worth it.
dwausa is offline   Reply With Quote Quick reply to this message
Old 11-13-2012, 08:49 PM   #5 (permalink)
Senior Member
 
Vadim08's Avatar
 
Join Date: Apr 2011
Location: New Jersey
2012 Elantra GLS Titanium Gray Metallic
Posts: 219
Vadim08
Default

I understand the financial aspect and everything, I am just trying to understand if its worth it. There aren't a lot of changes between 2012 and 2013 Elantras. I sat inside a GLS Sonata once before and got a "meh" feeling. The Veloster could be fun if they offered the turbo version... I might as well skip this offer and wait until my lease ends.
Vadim08 is offline   Reply With Quote Quick reply to this message
Old 11-13-2012, 11:26 PM   #6 (permalink)
SENIOR MODERATOR
 
someguy's Avatar
 
Join Date: Feb 2011
Location: Louisville, KY
2011 Elantra GLS 2009 Pathfinder
Posts: 8,052
someguy is an unknown quantity at this point
Garage
Default

The only person who can decide is you. I definitely wouldn't trade up for an Elantra 1 year newer. If you need a bigger car then yeah get a Sonata. The Veloster does not really appeal to me.
__________________
2011 Titanium Gray Elantra GLS
someguy is offline   Reply With Quote Quick reply to this message
Old 11-13-2012, 11:40 PM   #7 (permalink)
Senior Member
 
crownr0yal's Avatar
 
Join Date: Oct 2012
Location: Greensboro, NC, USA
Drives 2013 Crystal Black Pearl Honda Accord Coupe EX-L
Posts: 1,006
crownr0yal is an unknown quantity at this point
Garage
Default

I wouldn't do it. Lose a year of payments? Nah.
crownr0yal is offline   Reply With Quote Quick reply to this message
Old 11-14-2012, 01:08 AM   #8 (permalink)
senior member
 
Em-squared's Avatar
 
Join Date: Aug 2011
Location: near Portland, OR
2012 Nissan Leaf SL; 2012 Nissan X-Terra Pro-4X
Posts: 6,837
Em-squared is an unknown quantity at this point
Garage
Default

Quote:
Originally Posted by someguy View Post
The only person who can decide is you. I definitely wouldn't trade up for an Elantra 1 year newer. If you need a bigger car then yeah get a Sonata. The Veloster does not really appeal to me.
My thoughts exactly.
__________________
Fashionista.



Former driver of 2011 Elantra Limited no tech, and 2010 Genesis Coupe 3.8 Track
Em-squared is offline   Reply With Quote Quick reply to this message
Old 11-14-2012, 01:09 PM   #9 (permalink)
Senior Member
 
Join Date: Jun 2012
Location: Airport
Elantra
Posts: 175
apodiyos is an unknown quantity at this point
Default

trade for another car but not Toyota Toyota announces yet another massive recall | Business | DW.DE | 14.11.2012 Elantra owners are starting to get fed-up with all this woes....
apodiyos is offline   Reply With Quote Quick reply to this message
Old 11-14-2012, 01:30 PM   #10 (permalink)
Senior Member
 
5.4FX4's Avatar
 
Join Date: Oct 2011
Location: La Verne, Ca
2012 Elantra Limited w/ Tech Pkg. Blue Sky
Posts: 1,379
5.4FX4 is on a distinguished road
Default

I would only trade if one of the other cars better suits your needs, or projected needs a while from now. Trading like for like seems wasteful to me since not much at all has changed between the model years.

You have been "offered" to trade in because, the dealer will make money off your trade in(you will lose money). You could trade in anytime, anywhere...that is your decision, this isn't a special offer that you have to act now on or miss out, dealer isn't doing you any favor here. The dealer has more to gain than you do in this deal!
__________________
Perspective, try putting things in it sometime.
2012-Currently at 63,xxx miles
*KYB rear shock upgrade
*Michelin Primacy MXM4

Last edited by 5.4FX4; 11-14-2012 at 01:33 PM.
5.4FX4 is offline   Reply With Quote Quick reply to this message
Sponsored Links
Advertisement
 
Reply

Quick Reply
Message:
Options

Register Now

In order to be able to post messages on the Hyundai Forums : Hyundai Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
User Name:
If you do not want to register, fill this field only and the name will be used as user name for your post.
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:

Log-in

Random Question


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -4. The time now is 09:39 PM.



Powered by vBulletin® Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.6.0
Garage Plus vBulletin Plugins by Drive Thru Online, Inc.