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Old 01-06-2013, 07:28 PM   #1 (permalink)
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So its 2013 and i was planning on selling my 2011 elantra for my first sports car. I was wondering if you guys can give me some feedback on what i should do.

2011 elantra MD base
24,000 milage
front bumper fixed after accident -just plastic no metal damage-

the car has around 4.5k payment left until its bought and i have about 4k saved up and thinking about dumping it all in.

i was wondering if you guys ever sold your elantras or know how much they go for now? any stories about trade in with dealers with details would be nice to know.

oh and the car is debadged from the trunk. no elantra or hyundai emblem. should i buy those again and place them back on before showing it for resale?

hope you guys can help. much thanks in advance =]
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Old 01-06-2013, 08:11 PM   #2 (permalink)
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This is just my opinion, and I expect it be regarded as such. Until this car I now have, I haven't financed a car in almost 30 years. I also hadn't bought one new in about 20. It wasn't because I couldn't afford a payment either. I just don't like paying EXTRA for anything, and financing is Extra.
This one I paid 3/4 down, and paid it off over the next two months. I'm waiting on the title in the mail. I will then keep it for at least 3 or 4 years, and put money away AS IF there were a payment, earn interest instead of paying interest, and then buy or come close to buying whatever I get next. This has worked for me all this time, and has saved me a couple of times when I was laid off or when one company went under. The jobs market, depending on what you do, can be rough and to roll into another car before this one is paid off, and dump ALL your saving into it and still be going in a little upside down is a risky choice. I would pay it off, and keep it for at least 3 years or more. The cheapest car is the one you already have, and having that "payment" be optional can save you when times are lean, and if things go well, you can start your next purchase with a whole lot better situation, while also having a financial disaster buffer....just by being a little patient. The more patient you are now, the easier it is next time.
Just my opinion, as I said...
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Old 01-06-2013, 08:48 PM   #3 (permalink)
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Re: the badges. I would put the car back into "as reasonably original condition as possible." There are buyers for your E as it sits now, to be sure. But the percentage of buyers for it in original condition is staggeringly higher! As is the asking price! And, if a modder buys it, she/he can have the thrill of debadging it "all over again."

Start reading the various newspaper classifieds; websites such as Craigslist, AutoTrader, etc. See what your local market asking prices are. You'll better understand a good starting point for the price.

Put together every receipt you have that will lend credibility to your pampering and taking care of the car, and that it wasn't neglected. Hold them in clear view of the prospective buyer.

Call local lenders (banks, S&L's, Credit Unions) and inquire about their lending rates and terms for that model and year. Potential buyer might appreciate knowing this; act upon buying yours over someone else's because you did some of the legwork. Buying a car under perfect conditions is stressful enough. Little things like this could put you over the top on a sale.

You did your homework when you bought it. Now you owe it to yourself to do your "selling" homework. Good luck...Happy Selling!
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Old 01-06-2013, 08:53 PM   #4 (permalink)
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N5S-Matter- thanks for the tip. when i said i was gonna dump all of it in...i guess i execrated lol. i wasnt going to put every last penny into it but i do have some spending money for myself if i dont have a job. Also im living with my parents.

OkieRich- i already bookmarked some links on buying the emblems back when selling time comes around. thanks for that info .

i did check around some car websites and it seems the price varies from 14k or 16k..both private and dealership sellers. hopefully mine is within that range too.

for the receipt that may be a bit hard because...well i dont have any of them. but in my trunk i do have 3 boxes of car detailer stuff so maybe that will mean something.

thanks for the tips rich!
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Old 01-06-2013, 09:02 PM   #5 (permalink)
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Quote:
Originally Posted by Noke148 View Post
...but in my trunk i do have 3 boxes of car detailer stuff so maybe that will mean something.
Yes siree, it means something! Have it presentable when buyer's come over to look. Say something like this when opening the trunk: "Please overlook all of my cleaning products. I like my car to be as perfect as possible, from oil changes to polishes."

It they're close to buying and you're a few bucks apart in making the deal, offer to throw in the cleaning products. Everyone knows that $tuff add$ up! Everything is negotiable.
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Old 01-06-2013, 09:07 PM   #6 (permalink)
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Get on ebay and buy the emblems, it will make the trade in go much smoother. What new car are you looking at?
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Old 01-06-2013, 10:31 PM   #7 (permalink)
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Okierich-haha i wouldnt mind giving them the whole box and the microfiber cloths. gonna start fresh when i get a car. heck i would even throw in a hyundai oil filter that i bought but im not really near the oil change milage so might as well make it a bonus with the car purchase haha

Someguy- im looking into the new scion FR-S. been dreaming about this car for years.... =[

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Old 01-06-2013, 11:20 PM   #8 (permalink)
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Yeah that car looks nice, have you been on a test drive yet?
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Old 01-06-2013, 11:25 PM   #9 (permalink)
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im looking into the new scion FR-S. been dreaming about this car for years.... =[
You do know Toyota/Subaru recommend "premium" fuel only. And that's about a $50 fill-up, today's prices. Car sure looks HOT!
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Old 01-07-2013, 03:19 AM   #10 (permalink)
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I was behind an FR-S today. Not a bad view, I might add...
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