2021, 2022 Hyundai Elantra Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/ Holdback

With the Elantra, Hyundai is providing the market with a sleek, stylish sedan. The Elantra feels fresh and modern, with a comfortable cabin, upscale exterior details, and advanced technology. The 2021 Hyundai Elantra is offered for a competitive price, making it even more attractive to people looking for practical vehicles.

What's New in 2021?

Hyundai has made significant changes to the Elantra for the 2021 model year. Its exterior is a bit more angular that it was in the past, which helps the car look more aerodynamic. Inside, there have been some upgrades to make things seem more sophisticated, and the technology package has been enhanced.

For 2021, the biggest news is that there's going to be a hybrid version and a N Line trim. The hybrid will appeal to people who want to cut down on their gas consumption, and the N Line is a performance-oriented sedan that would be a thrill to drive.

Engine and Performance

Most of the Elantra trims run on four-cylinder engines. These engines are two-liter versions, so they do have some size to them. They can generate just under 150 horsepower, which is definitely enough power for most drivers in most situations.

As mentioned, Hyundai is getting ready to roll out the Elantra Hybrid and the Elantra N Line. The hybrid version of the sedan uses a 1.6-liter engine, which is powered by gas, and an electric motor. These two components will yield about the same amount of horsepower as the traditional engine, but of course, the real advantage is related to gas mileage. The hybrid version of the Elantra is expected to earn over 50 miles per gallon.

Even though the non-hybrid Elantra can't hit that mark, it can earn up to 43 miles per gallon on the highway. This is impressive, and it means that people don't necessarily have to get a hybrid to realize long-term benefits in terms of fuel costs.

On the other end of the spectrum, there is the Elantra N Line. This model is powered by a turbocharged engine, and as a result, it can generate more than 200 horsepower and has 195 pound-feet of torque. This is certainly going to be the trim to choose if anyone loves the feeling of acceleration. Making the N Line even more fun is an available six-speed manual transmission or a seven-speed dual-clutch transmission. This second option comes with paddle shifters, giving people the opportunity to be in control over shifting. The N Line has excellent handling, thanks to an upgraded suspension system.

High-Tech Features

Every one of the Elantra models will have a modern infotainment system. Standard on the car is an eight-inch touchscreen as well as Apple CarPlay and Android Auto. With this type of smartphone compatibility, people can easily stay connected to their networks, look up information, and find music to enjoy on the road. Higher trims are upgraded with 10.3-inch touchscreens. These touchscreen have navigation integrated into them, providing drivers with instant access to turn-by-turn directions. These directions can even take traffic into account.

Safety is another area in which the Elantra does well. This car has been built with driver-assist systems that will keep an eye out for problems, alert drivers if they need to take action, and potentially correct the situation on their own. For instance, if a driver is about to change lane without having noticed a car in his/her blind spot, the Elantra can send out a warning and possibly correct the steering in order to prevent an accident. A similar scenario would play out if the Elantra is approaching another car too quickly; the driver would be alerted and the Hyundai could apply pressure to the brakes to try to avoid the accident.

There are a number of other available features that make everyday driving more pleasant. The hands-free trunk release system can be useful when people are loaded down with groceries or equipment, the proximity key can eliminate the need to physically take one's keys out to unlock the doors, and the rearview mirror can prevent glare by automatically dimming when it senses bright lights.

There are many ways to upgrade the Elantra, making it feel like a premium model. People can treat themselves to heated front seats, a Bose audio system, and a power-operated sunroof, for starters.

 

When taking all of its strengths into account, the 2021 Hyundai Elantra is a nice option. It feels sophisticated without being dragged down by a cost that's too steep.

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 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.