2023 Hyundai Elantra Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/Holdback

2023 Hyundai Elantra Invoice Price Guide - Holdback - Dealer Cost - MSRP

The Hyundai Elantra Price Guide Below Includes:

The Hyundai Elantra pricing below shows the MSRP, invoice price and true dealer cost. The true dealer cost is calculated by the following formula - Invoice Price + Destination Fee – Holdback = Dealer Cost.
Holdback is a hidden manufacturer markup on most vehicles. It is calculated as a percentage of MSRP or Invoice. You can view how dealer holdback is calculated here.

Price terms Used in this Guide:
MSRP | Invoice Price | Destination Fee | Holdback | Dealer Cost

Hyundai Elantra Pricing for the SE, SEL, N Line and Limited Trims

2023 Elantra - Trim: 2.0L SE, 4-Door Sedan. FWD Powertrain: 2 L, 4 CYL, Gas Powered, Automatic.

MSRP

$20,500

Invoice Price

$19,899

Destination Fee

$1,095

Holdback

$615

Dealer Cost

$20,379

2023 Elantra - Trim: 2.0L SULEV SE, 4-Door Sedan. FWD Powertrain: 2 L, 4 CYL, Gas Powered, Automatic.

MSRP

$20,500

Invoice Price

$19,899

Destination Fee

$1,095

Holdback

$615

Dealer Cost

$20,379

2023 Elantra - Trim: 2.0L SEL, 4-Door Sedan. FWD Powertrain: 2 L, 4 CYL, Gas Powered, Automatic.

MSRP

$21,750

Invoice Price

$20,894

Destination Fee

$1,095

Holdback

$653

Dealer Cost

$21,337

2023 Elantra - Trim: 2.0L SULEV SEL, 4-Door Sedan. FWD Powertrain: 2 L, 4 CYL, Gas Powered, Automatic.

MSRP

$21,750

Invoice Price

$20,894

Destination Fee

$1,095

Holdback

$653

Dealer Cost

$21,337

2023 Elantra - Trim: 2.0L Limited, 4-Door Sedan. FWD Powertrain: 2 L, 4 CYL, Gas Powered, Automatic.

MSRP

$26,350

Invoice Price

$25,310

Destination Fee

$1,095

Holdback

$791

Dealer Cost

$25,615

2023 Elantra - Trim: 2.0L SULEV Limited, 4-Door Sedan. FWD Powertrain: 2 L, 4 CYL, Gas Powered, Automatic.

MSRP

$26,350

Invoice Price

$25,310

Destination Fee

$1,095

Holdback

$791

Dealer Cost

$25,615

2023 Elantra - Trim: 1.6L Turbo N Line, 4-Door Sedan. FWD Powertrain: 1.6 L, 4 CYL, Gas Powered, Automatic.

MSRP

$27,050

Invoice Price

$25,982

Destination Fee

$1,095

Holdback

$812

Dealer Cost

$26,266

2023 Elantra Hybrid - Trim: 1.6L Blue, 4-Door Sedan. FWD Powertrain: 1.6 L, 4 CYL, Gas/Electric Powered, Automatic.

MSRP

$24,400

Invoice Price

$23,438

Destination Fee

$1,095

Holdback

$732

Dealer Cost

$23,801

2023 Elantra Hybrid - Trim: 1.6L Limited, 4-Door Sedan. FWD Powertrain: 1.6 L, 4 CYL, Gas/Electric Powered, Automatic.

MSRP

$29,000

Invoice Price

$27,854

Destination Fee

$1,095

Holdback

$870

Dealer Cost

$28,079

Price Tip:
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; Car Clearance Deals, Edmunds, NADAguides, Motortrend & CarsDirect

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.

Port Installed Options
Cargo Block
1.6L Turbo N Line	$20
2.0L Automatic Limited	$20
2.0L Automatic SE	$20
2.0L Automatic SEL	$20
2.0L Automatic SULEV Limited	$20
2.0L Automatic SULEV SE	$20
2.0L Automatic SULEV SEL	$20
First Aid Kit
1.6L Turbo N Line	$30
2.0L Automatic Limited	$30
2.0L Automatic SE	$30
2.0L Automatic SEL	$30
2.0L Automatic SULEV Limited	$30
2.0L Automatic SULEV SE	$30
2.0L Automatic SULEV SEL	$30
Trunk/Cargo Hook
1.6L Turbo N Line	$30
2.0L Automatic Limited	$30
2.0L Automatic SE	$30
2.0L Automatic SEL	$30
2.0L Automatic SULEV Limited	$30
2.0L Automatic SULEV SE	$30
2.0L Automatic SULEV SEL	$30
Cargo Net
1.6L Turbo N Line	$55
2.0L Automatic Limited	$55
2.0L Automatic SE	$55
2.0L Automatic SEL	$55
2.0L Automatic SULEV Limited	$55
2.0L Automatic SULEV SE	$55
2.0L Automatic SULEV SEL	$55
Wheel Locks
1.6L Turbo N Line	$65
2.0L Automatic Limited	$65
2.0L Automatic SE	$65
2.0L Automatic SEL	$65
2.0L Automatic SULEV Limited	$65
2.0L Automatic SULEV SE	$65
2.0L Automatic SULEV SEL	$65
Rear Bumper Applique
1.6L Turbo N Line	$75
2.0L Automatic Limited	$75
2.0L Automatic SE	$75
2.0L Automatic SEL	$75
2.0L Automatic SULEV Limited	$75
2.0L Automatic SULEV SE	$75
2.0L Automatic SULEV SEL	$75
Cargo Side Bins
1.6L Turbo N Line	$80
2.0L Automatic Limited	$80
2.0L Automatic SE	$80
2.0L Automatic SEL	$80
2.0L Automatic SULEV Limited	$80
2.0L Automatic SULEV SE	$80
2.0L Automatic SULEV SEL	$80
Mudguards
1.6L Turbo N Line	$115
2.0L Automatic Limited	$115
2.0L Automatic SE	$115
2.0L Automatic SEL	$115
2.0L Automatic SULEV Limited	$115
2.0L Automatic SULEV SE	$115
2.0L Automatic SULEV SEL	$115
Reversible Cargo Tray
1.6L Turbo N Line	$115
2.0L Automatic Limited	$115
2.0L Automatic SE	$115
2.0L Automatic SEL	$115
2.0L Automatic SULEV Limited	$115
2.0L Automatic SULEV SE	$115
2.0L Automatic SULEV SEL	$115
Preferred Accessory Package
1.6L Turbo N Line	$140
2.0L Automatic Limited	$140
2.0L Automatic SE	$140
2.0L Automatic SEL	$140
2.0L Automatic SULEV Limited	$140
2.0L Automatic SULEV SE	$140
2.0L Automatic SULEV SEL	$140
Alloy Door Sills
1.6L Turbo N Line	$180
2.0L Automatic Limited	$180
2.0L Automatic SE	$180
2.0L Automatic SEL	$180
2.0L Automatic SULEV Limited	$180
2.0L Automatic SULEV SE	$180
2.0L Automatic SULEV SEL	$180
Cargo Package
1.6L Turbo N Line	$190
2.0L Automatic Limited	$190
2.0L Automatic SE	$190
2.0L Automatic SEL	$190
2.0L Automatic SULEV Limited	$190
2.0L Automatic SULEV SE	$190
2.0L Automatic SULEV SEL	$190
Carpeted Floor Mats
1.6L Turbo N Line	$195
2.0L Automatic Limited	$195
2.0L Automatic SE	$195
2.0L Automatic SEL	$195
2.0L Automatic SULEV Limited	$195
2.0L Automatic SULEV SE	$195
2.0L Automatic SULEV SEL	$195
All-Season Fitted Liners
1.6L Turbo N Line	$215
2.0L Automatic Limited	$215
2.0L Automatic SE	$215
2.0L Automatic SEL	$215
2.0L Automatic SULEV Limited	$215
2.0L Automatic SULEV SE	$215
2.0L Automatic SULEV SEL	$215
Interior Light Kit
1.6L Turbo N Line	$250
2.0L Automatic Limited	$250
2.0L Automatic SE	$250
2.0L Automatic SEL	$250
2.0L Automatic SULEV Limited	$250
2.0L Automatic SULEV SE	$250
2.0L Automatic SULEV SEL	$250
Auto-Dimming Rearview Mirror
1.6L Turbo N Line	$295
2.0L Automatic Limited	NA
2.0L Automatic SE	$295
2.0L Automatic SEL	$295
2.0L Automatic SULEV Limited	NA
2.0L Automatic SULEV SE	$295
2.0L Automatic SULEV SEL	$295
Winter Weather Package
1.6L Turbo N Line	$330
2.0L Automatic Limited	$330
2.0L Automatic SE	$330
2.0L Automatic SEL	$330
2.0L Automatic SULEV Limited	$330
2.0L Automatic SULEV SE	$330
2.0L Automatic SULEV SEL	$330

Exterior Paint Options
Quartz White
1.6L Turbo N Line	NA
2.0L Automatic Limited	$400
2.0L Automatic SE	$400
2.0L Automatic SEL	$400
2.0L Automatic SULEV Limited	$400
2.0L Automatic SULEV SE	$400
2.0L Automatic SULEV SEL	$400
Serenity White
1.6L Turbo N Line	NA
2.0L Automatic Limited	$400
2.0L Automatic SE	$400
2.0L Automatic SEL	$400
2.0L Automatic SULEV Limited	$400
2.0L Automatic SULEV SE	$400
2.0L Automatic SULEV SEL	$400
Calypso Red
1.6L Turbo N Line	NA
2.0L Automatic Limited	$400
2.0L Automatic SE	$400
2.0L Automatic SEL	$400
2.0L Automatic SULEV Limited	$400
2.0L Automatic SULEV SE	$400
2.0L Automatic SULEV SEL	$400

Package Options
Convenience Package
1.6L Turbo N Line	NA
2.0L Automatic Limited	NA
2.0L Automatic SE	NA
2.0L Automatic SEL	$1,900
2.0L Automatic SULEV Limited	NA
2.0L Automatic SULEV SE	NA
2.0L Automatic SULEV SEL	$1,900

Specifications
Base Price
1.6L Turbo N Line	$27,050
2.0L Automatic Limited	$26,350
2.0L Automatic SE	$20,500
2.0L Automatic SEL	$21,750
2.0L Automatic SULEV Limited	$26,350
2.0L Automatic SULEV SE	$20,500
2.0L Automatic SULEV SEL	$21,750
Drive
1.6L Turbo N Line	FWD
2.0L Automatic Limited	FWD
2.0L Automatic SE	FWD
2.0L Automatic SEL	FWD
2.0L Automatic SULEV Limited	FWD
2.0L Automatic SULEV SE	FWD
2.0L Automatic SULEV SEL	FWD
Bodystyle
1.6L Turbo N Line	Sedan
2.0L Automatic Limited	Sedan
2.0L Automatic SE	Sedan
2.0L Automatic SEL	Sedan
2.0L Automatic SULEV Limited	Sedan
2.0L Automatic SULEV SE	Sedan
2.0L Automatic SULEV SEL	Sedan
Doors
1.6L Turbo N Line	4
2.0L Automatic Limited	4
2.0L Automatic SE	4
2.0L Automatic SEL	4
2.0L Automatic SULEV Limited	4
2.0L Automatic SULEV SE	4
2.0L Automatic SULEV SEL	4
Height
1.6L Turbo N Line	55.9
2.0L Automatic Limited	55.7
2.0L Automatic SE	55.7
2.0L Automatic SEL	55.7
2.0L Automatic SULEV Limited	55.7
2.0L Automatic SULEV SE	55.7
2.0L Automatic SULEV SEL	55.7
Length
1.6L Turbo N Line	184.1
2.0L Automatic Limited	184.1
2.0L Automatic SE	184.1
2.0L Automatic SEL	184.1
2.0L Automatic SULEV Limited	184.1
2.0L Automatic SULEV SE	184.1
2.0L Automatic SULEV SEL	184.1
Wheelbase
1.6L Turbo N Line	107.1
2.0L Automatic Limited	107.1
2.0L Automatic SE	107.1
2.0L Automatic SEL	107.1
2.0L Automatic SULEV Limited	107.1
2.0L Automatic SULEV SE	107.1
2.0L Automatic SULEV SEL	107.1
Width
1.6L Turbo N Line	71.9
2.0L Automatic Limited	71.9
2.0L Automatic SE	71.9
2.0L Automatic SEL	71.9
2.0L Automatic SULEV Limited	71.9
2.0L Automatic SULEV SE	71.9
2.0L Automatic SULEV SEL	71.9
Cargo Volume
1.6L Turbo N Line	14.2
2.0L Automatic Limited	14.2
2.0L Automatic SE	14.2
2.0L Automatic SEL	14.2
2.0L Automatic SULEV Limited	14.2
2.0L Automatic SULEV SE	14.2
2.0L Automatic SULEV SEL	14.2
Seating Capacity
1.6L Turbo N Line	5
2.0L Automatic Limited	5
2.0L Automatic SE	5
2.0L Automatic SEL	5
2.0L Automatic SULEV Limited	5
2.0L Automatic SULEV SE	5
2.0L Automatic SULEV SEL	5
Front Head Room
1.6L Turbo N Line	38.7
2.0L Automatic Limited	38.7
2.0L Automatic SE	40.6
2.0L Automatic SEL	40.6
2.0L Automatic SULEV Limited	38.7
2.0L Automatic SULEV SE	40.6
2.0L Automatic SULEV SEL	40.6
Center Head Room
1.6L Turbo N Line	NA
2.0L Automatic Limited	NA
2.0L Automatic SE	NA
2.0L Automatic SEL	NA
2.0L Automatic SULEV Limited	NA
2.0L Automatic SULEV SE	NA
2.0L Automatic SULEV SEL	NA
Front Leg Room
1.6L Turbo N Line	42.3
2.0L Automatic Limited	42.3
2.0L Automatic SE	42.3
2.0L Automatic SEL	42.3
2.0L Automatic SULEV Limited	42.3
2.0L Automatic SULEV SE	42.3
2.0L Automatic SULEV SEL	42.3
Center Leg Room
1.6L Turbo N Line	NA
2.0L Automatic Limited	NA
2.0L Automatic SE	NA
2.0L Automatic SEL	NA
2.0L Automatic SULEV Limited	NA
2.0L Automatic SULEV SE	NA
2.0L Automatic SULEV SEL	NA
Front Shoulder Room
1.6L Turbo N Line	56.5
2.0L Automatic Limited	56.5
2.0L Automatic SE	56.5
2.0L Automatic SEL	56.5
2.0L Automatic SULEV Limited	56.5
2.0L Automatic SULEV SE	56.5
2.0L Automatic SULEV SEL	56.5
Center Shoulder Room
1.6L Turbo N Line	NA
2.0L Automatic Limited	NA
2.0L Automatic SE	NA
2.0L Automatic SEL	NA
2.0L Automatic SULEV Limited	NA
2.0L Automatic SULEV SE	NA
2.0L Automatic SULEV SEL	NA
Interior Volume
1.6L Turbo N Line	99.4
2.0L Automatic Limited	99.4
2.0L Automatic SE	99.4
2.0L Automatic SEL	99.4
2.0L Automatic SULEV Limited	99.4
2.0L Automatic SULEV SE	99.4
2.0L Automatic SULEV SEL	99.4
Fuel Tank Capacity
1.6L Turbo N Line	12.4
2.0L Automatic Limited	12.4
2.0L Automatic SE	12.4
2.0L Automatic SEL	12.4
2.0L Automatic SULEV Limited	12.4
2.0L Automatic SULEV SE	12.4
2.0L Automatic SULEV SEL	12.4
Engine Type
1.6L Turbo N Line	Gas
2.0L Automatic Limited	Gas
2.0L Automatic SE	Gas
2.0L Automatic SEL	Gas
2.0L Automatic SULEV Limited	Gas
2.0L Automatic SULEV SE	Gas
2.0L Automatic SULEV SEL	Gas
Engine Size
1.6L Turbo N Line	1.6
2.0L Automatic Limited	2
2.0L Automatic SE	2
2.0L Automatic SEL	2
2.0L Automatic SULEV Limited	2
2.0L Automatic SULEV SE	2
2.0L Automatic SULEV SEL	2
Cylinders
1.6L Turbo N Line	4
2.0L Automatic Limited	4
2.0L Automatic SE	4
2.0L Automatic SEL	4
2.0L Automatic SULEV Limited	4
2.0L Automatic SULEV SE	4
2.0L Automatic SULEV SEL	4
Camshaft
1.6L Turbo N Line	DOHC
2.0L Automatic Limited	DOHC
2.0L Automatic SE	DOHC
2.0L Automatic SEL	DOHC
2.0L Automatic SULEV Limited	DOHC
2.0L Automatic SULEV SE	DOHC
2.0L Automatic SULEV SEL	DOHC
Compression Ratio
1.6L Turbo N Line	10.0:1
2.0L Automatic Limited	12.5:1
2.0L Automatic SE	12.5:1
2.0L Automatic SEL	12.5:1
2.0L Automatic SULEV Limited	12.5:1
2.0L Automatic SULEV SE	12.5:1
2.0L Automatic SULEV SEL	12.5:1
Horsepower
1.6L Turbo N Line	201
2.0L Automatic Limited	147
2.0L Automatic SE	147
2.0L Automatic SEL	147
2.0L Automatic SULEV Limited	147
2.0L Automatic SULEV SE	147
2.0L Automatic SULEV SEL	147
Torque
1.6L Turbo N Line	195
2.0L Automatic Limited	132
2.0L Automatic SE	132
2.0L Automatic SEL	132
2.0L Automatic SULEV Limited	132
2.0L Automatic SULEV SE	132
2.0L Automatic SULEV SEL	132
Fuel Type
1.6L Turbo N Line	Unleaded
2.0L Automatic Limited	Unleaded
2.0L Automatic SE	Unleaded
2.0L Automatic SEL	Unleaded
2.0L Automatic SULEV Limited	Unleaded
2.0L Automatic SULEV SE	Unleaded
2.0L Automatic SULEV SEL	Unleaded
MPG City
1.6L Turbo N Line	28
2.0L Automatic Limited	30
2.0L Automatic SE	33
2.0L Automatic SEL	30
2.0L Automatic SULEV Limited	30
2.0L Automatic SULEV SE	33
2.0L Automatic SULEV SEL	30
MPG Highway
1.6L Turbo N Line	36
2.0L Automatic Limited	40
2.0L Automatic SE	42
2.0L Automatic SEL	40
2.0L Automatic SULEV Limited	40
2.0L Automatic SULEV SE	42
2.0L Automatic SULEV SEL	40
Towing
1.6L Turbo N Line	NA
2.0L Automatic Limited	NA
2.0L Automatic SE	NA
2.0L Automatic SEL	NA
2.0L Automatic SULEV Limited	NA
2.0L Automatic SULEV SE	NA
2.0L Automatic SULEV SEL	NA
GVWR (Gross Vehicle Weight Rating)
1.6L Turbo N Line	3990
2.0L Automatic Limited	3858
2.0L Automatic SE	3858
2.0L Automatic SEL	3858
2.0L Automatic SULEV Limited	3858
2.0L Automatic SULEV SE	3858
2.0L Automatic SULEV SEL	3858
Payload
1.6L Turbo N Line	NA
2.0L Automatic Limited	NA
2.0L Automatic SE	NA
2.0L Automatic SEL	NA
2.0L Automatic SULEV Limited	NA
2.0L Automatic SULEV SE	NA
2.0L Automatic SULEV SEL	NA
Curb Weight
1.6L Turbo N Line	3020
2.0L Automatic Limited	2725
2.0L Automatic SE	2725
2.0L Automatic SEL	2725
2.0L Automatic SULEV Limited	2725
2.0L Automatic SULEV SE	2725
2.0L Automatic SULEV SEL	2725
Transmission
1.6L Turbo N Line	Automatic
2.0L Automatic Limited	CVT
2.0L Automatic SE	CVT
2.0L Automatic SEL	CVT
2.0L Automatic SULEV Limited	CVT
2.0L Automatic SULEV SE	CVT
2.0L Automatic SULEV SEL	CVT

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.