Hyundai Elantra Released With Value Edition Trim, Priced At $19,700
A redesign of the ever popular Hyundai Elantra compact sedan is coming soon, but the 2016 model will also come in a Value Edition trim level, helping keep the starting price at just $18,075, including shipping.
The 2016 model gets a slight refresh that includes the Fluidic Sculpture design language that creates sweeping edges along the hood and doors.
The US version of the 2016 Elantra comes in 4 different trims: SE, Value Edition, Sport, and Limited.
Elantra Value Edition Trim Level Cost
The Value Edition was added to the lineup to help move existing stock, whilst also keeping the Elantra competitive in the compact segment.
This new trim level comes with a 6-speed automatic transmission as standard, and will also have a few additional features.
Starting price for the Elantra Value Edition model is $19,700.
Compact car sales in the US are on the rise, with sales through April up by 5.9%.
All of this is happening while car sales as a whole are on a slight 0.5% decline. Light vehicles are also in demand, with numbers in that segment rising by 5.4%.
The best-selling car in the compact segment is the Toyota Corolla, which comes with a starting price of $17,775, including shipping. The Corolla has sold 122, 718 units through April, good for a 16.5% share of the compact car market in the US.
Elantra sales in the US were up 7.1% through April, good for a 10.5% share of the segment. The Elantra is the 8th best-selling car in the US, with 78,653 units sold, through April.
BTW, the fully redesigned Hyundai Elantra compact sedan, which will be delivered as a 2017 model, will be officially unveiled at the Los Angeles Auto Show in November, and will be available to US consumers early next year.