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2016, 2017 Hyundai Elantra Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/ Holdback

Price terms Used:
MSRP What is MSRP? Invoice Price What is Dealer Invoice Price? Destination Fee Whatis the Destination Fee? Holdback What is Holdback? Dealer Cost What is Dealer Cost?
Note: The Hyundai Elantra price report below does not include rebates or incentives.
View Hyundai Rebates and Incentives.

2016 Elantra SE 4 door car w/ 145 horsepower, I-4 - 1.8L (4 cylinder) - Fuel Type: regular gasoline (Fuel Economy: City 28 MPG - Highway 38 MPG)
MSRP
$17,250
Invoice Price
$16,734
Destination Fee
$835
Holdback
$518
Dealer Cost
$17,052
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2016 Elantra SE 4 door car w/ 145 horsepower, I-4 - 1.8L (4 cylinder) - Fuel Type: regular gasoline (Fuel Economy: City 28 MPG - Highway 38 MPG)
MSRP
$17,250
Invoice Price
$16,734
Destination Fee
$835
Holdback
$518
Dealer Cost
$17,052
Find the Best Price
2016 Elantra Value Edition 4 door car w/ 145 horsepower, I-4 - 1.8L (4 cylinder) - Fuel Type: regular gasoline (Fuel Economy: City 28 MPG - Highway 38 MPG)
MSRP
$19,700
Invoice Price
$18,997
Destination Fee
$835
Holdback
$591
Dealer Cost
$19,241
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2016 Elantra Value Edition 4 door car w/ 145 horsepower, I-4 - 1.8L (4 cylinder) - Fuel Type: regular gasoline (Fuel Economy: City 28 MPG - Highway 38 MPG)
MSRP
$19,700
Invoice Price
$18,997
Destination Fee
$835
Holdback
$591
Dealer Cost
$19,241
Find the Best Price
2016 Elantra Sport 4 door car w/ 166 horsepower, I-4 - 2.0L (4 cylinder) - Fuel Type: regular gasoline
• 173-hp, 2.0L I-4 - (regular gasoline) (Fuel Economy: City 24 MPG - Highway 35 MPG)
MSRP
$20,250
Invoice Price
$19,406
Destination Fee
$835
Holdback
$608
Dealer Cost
$19,634
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2016 Elantra Limited 4 door car w/ 145 horsepower, I-4 - 1.8L (4 cylinder) - Fuel Type: regular gasoline (Fuel Economy: City 27 MPG - Highway 37 MPG)
MSRP
$21,700
Invoice Price
$20,766
Destination Fee
$835
Holdback
$651
Dealer Cost
$20,950
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2016 Elantra Limited 4 door car w/ 145 horsepower, I-4 - 1.8L (4 cylinder) - Fuel Type: regular gasoline (Fuel Economy: City 27 MPG - Highway 37 MPG)
MSRP
$21,700
Invoice Price
$20,766
Destination Fee
$835
Holdback
$651
Dealer Cost
$20,950
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2016 Elantra GT Base 4 door Hatchback w/ 173 horsepower, I-4 - 2.0L (4 cylinder) - Fuel Type: regular gasoline (Fuel Economy: City 24 MPG - Highway 33 MPG)
MSRP
$18,800
Invoice Price
$18,121
Destination Fee
$835
Holdback
$564
Dealer Cost
$18,392
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2017 Elantra GT Base 4 door Hatchback w/ 147 horsepower, I-4 - 2.0L (4 cylinder) - Fuel Type: regular gasoline (Fuel Economy: City 24 MPG - Highway 32 MPG)
MSRP
$18,800
Invoice Price
$18,121
Destination Fee
$835
Holdback
$564
Dealer Cost
$18,392
Find the Best Price
2016 Elantra GT Base 4 Door Hatchback 2.0L I4 173 hp - 4 cyl. MPG: Highway: 24 / City: 33
MSRP
$18,800
Invoice Price
$18,121
Destination Fee
$835
Holdback
$564
Dealer Cost
$18,392
Find the Best Price
2015 Elantra GT Base 4 Door Hatchback 2.0L I4 173 hp - 4 cyl. MPG: Highway: 24 / City: 34
MSRP
$18,800
Invoice Price
$18,121
Destination Fee
$825
Holdback
$564
Dealer Cost
$18,382
Find the Best Price
Price Tip:
To avoid overpaying on a new Hyundai Elantra, price shop online first. Get up front prices before you walk into a dealership. We recommend the following free services;
These services will offer you the lowest prices and supply you with multiple competing price quotes. You will know the best price before you visit the dealer.
Hyundai Price Guides:
2016 Hyundai Elantra Overview:
About the 2016 Hyundai Elantra
The 2016 Hyundai Elantra is a compact car with an economical and sporty design. This Hyundai comes in SE, Value Edition, Sport and Limited trims. With a seven-inch touchscreen navigation system and rear view camera, the Elantra has impressive digital technology for its vehicle class.

Rated at 145 hp, a 1.8 L four-cylinder engine is standard in the Hyundai Elantra SE, Value Edition and Limited models. The Sport model is powered by a 2.0 L four-cylinder engine that delivers up to 173 hp. Both engine blocks have a DOHC valvetrain with D-CVVT. Thanks to the Active Eco System, the Elantra boasts an EPA fuel economy of up to 38 MPG on the highway and 28 MPG in the city.

Weighing just under 3,000 pounds, the 2016 Hyundai Elantra is easy to handle. The Motor-Driven Power Steering (MDPS) provides great leverage for taking firm control over this compact car. Available in the SE and Sport trims, the six-speed manual transmission offers a customized driving experience. A six-speed automatic transmission system with SHIFTRONIC is available in all of the Elantra models. 

Premium cloth upholstery is standard in the 2016 Hyundai Elantra SE, Value Edition and Sport models. The Limited edition has leather-trimmed seats, which are all heated. This particular Elantra trim also has an advanced Dual Automatic Temperature Control with CleanAir Ionizer.

Some standard active safety technology in the Hyundai Elantra includes Vehicle Stability Management (VSM) and Electronic Stability Control (ESC). The Traction Control System further stabilizes the Front Wheel Drive (FWD) when there's slipping or sliding on the road. Passive safety features in the Elantra include six total airbags and robust side impact beams.

How to Calculate The Dealer Cost of a Hyundai Elantra

Formula for Calculating Dealer Cost:

  • Example: Base Hyundai Elantra invoice price + the dealer Invoice price of all the options + destination - Holdback = Total Dealer Cost.
  • What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.

Total Dealer Cost (calculated above) + Taxes / Licensing Fees - Rebate / Incentive = True Cost (You can get rebates and incentives here)

Note: All Hyundai Elantra Prices above are approximate amounts. Prices are subject to change without notice.

A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.

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