With all the talk about the ongoing cash for clunkers program and the cars that are being purchased, a lot of people that might have been in the market for a used car are now looking at more fuel-efficient and inexpensive new cars - with a $4,500 rebate, some new cars aren't much more expensive than a used vehicle.
Enter Hyundai's new Elantra Touring. Fuel-efficient at 23 mpg city and 31 highway with the five-speed manual or 23/30 mpg with the optional four-speed auto, the car is a major step up from just about any of the cars eligible for trade-in in terms of cost at the pump.
But Hyundai has also slashed the price at the dealership - down $1,800 from last year with the addition of the entry-level Elantra Touring GLS five-speed manual-equipped car. The price cut hasn't meant a reduction in features, however, with standard stability control, XM satellite radio and iPod/USB integration.
New features for the 2010 model year include an optional roof rack, while the standard power windows and locks, heated mitrrors, keyless netry and cooled glovebox make the $15,995 to $19,795 price range a solid value.
The addition of the roof rack comes as part of the Popular Equipment Package, which also adds fog lights, a telescopic steering wheel, steering-wheel-mounted audio controls, a trip computer and an eight-way adjustable driver's seat with lumbar support plus a number of other interior enhancements.
The new Elantra Touring will hit dealerships in the third quarter of this year.