The eco-car movement just keeps getting better for consumers. That’s because more automakers are investing in green technology, with prices continuing to drop. Now Hyundai is getting into the mix. It has announced that the Elantra Eco, which will go on sale later this year, will having a starting price of
$20,650. According to the EPA, the Eco should get 32 mpg city and 40 mpg highway miles for drivers, none of it with electricity. The annual fuel costs are a nice low sum of about $900.00, says Hyundai. Gas prices are at their highest level in more than six months, according to AAA, which recently reported that the average price of gasoline has surged to about $2.20 compared to the $2.04 available last month.
Although many automakers are turning to electric vehicles, it’s still a good sign to see improvements in fuel efficiency. What are the comparators doing in the market? Toyota’s 2016 Toyota Corolla LE Eco, the 2016 Chevrolet Cruze and the 2016 Honda Civic (both the naturally aspirated and turbo engines) have also achieved the 35 mpg in combined city and highway driving. All the cars come with automatic transmissions.
The Eco’s power is derived from the 1.4L turbo GDI 4-cylinder, which is paired with a 7-speed EcoShift dual clutch transmission with Shiftronic. Although the standard purchase price out doesn’t include the $835 freight charge, the end price is still bound to create nice low monthly car payments for cost-conscious consumers.
The car also makes some attractive features standard, like a 7 inch touchscreen infotainment system that works with either Apple Car Play or Android Auto, LED running lights, heated front seats, dual automatic climate control and even blind-spot monitoring with rear cross-traffic alert. The Elantra Eco adopts the push button start, power windows, a leather wrapped steering wheel and shift knob, which makes driving it a little better than your usual budget-friendly car.
Hyundai watchers will see a familiar hexagonal grille on the Elantra Eco. The steering wheel comes with cruise control, audio controls and Bluetooth controls for easy access. The interior also has a sliding armrest, illuminated vanity mirrors and sun-visor extensions.
Sales of the Elantra have been slumping, and Hyundai is looking to the Eco to give the struggling model a boost. Part of the problem for Hyundai was a redesign that had consumers souring on the brand. Although the Elantra has held down the number 3 position in U.S. compact car market behind the Honda Civic and Toyota Corolla, the new designs hit the market in January, contributing to a drop of 34 percent through the first four months of 2016. Hyundai also points to the absence of the 2016 Elantra from showrooms as a reason for the big drop-off. The company has also watched as sales of its competitors, the Cruze and especially the Honda Civic, soared.
Hyundai is piling on the incentives to clear the sales stock of the 2017 Elantra, meaning there are some deals to be had by consumers as the automaker focuses on getting the Eco into showrooms this week.