2024 Hyundai Elantra Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/Holdback
MSRP | Invoice Price | Destination Fee | Holdback | Dealer Cost
Hyundai Elantra Pricing for the SE, SEL, Limited and N Line Trims
To find the best possible price on a new Hyundai Elantra, shop prices online first. Get up front pricing before you walk into a dealership. We recommend the following free services; Edmunds, Rydeshopper, CarsDirect, Motortrend & J.D Power
Trim Level Pricing and Overview
(MSRP includes the Destination fee of $1,115)
Here are the key features for the different 2024 Hyundai Elantra trim levels:
SE:
- MSRP starting at $22,590
- 2.0L 4-cylinder engine
- 6-speed manual or CVT automatic transmission
- 8-inch touchscreen display
- Apple CarPlay/Android Auto
- Cloth seats
- 16-inch steel wheels
SEL:
- MSRP starting at $24,540
- Adds proximity key entry with push button start
- Dual zone automatic climate control
- Drive mode select
- 17-inch alloy wheels
- Leather-wrapped steering wheel
Limited:
- MSRP starting at $28,030
- Leather seats
- Power driver's seat
- Heated front seats
- LED interior lighting
- Hands-free smart trunk
- 17-inch alloy wheels
N Line:
- MSRP starting at $29,430
- 1.6L turbocharged engine
- Sport-tuned suspension
- 18-inch alloy wheels
- N Line body kit
- Leather steering wheel
- Aluminum pedals
In summary, higher trims add more features like dual-zone climate control, upgraded wheels, and premium touches. The N Line focuses more on sporty performance and styling.
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 - Rebate and Incentive + Taxes / Licensing Fees = True Dealer Cost. (You can get rebates and incentives here)
Note: All Hyundai Elantra MSRP, invoice and dealer cost dollar figures above 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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