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It's a great car for the price, I love it. I would have been all over the 1.6 had they offered it.
I bought it over the corolla for 3 reasons. First, I don't care about resale value and intend to drive it till the wheels fall off. Second, the wife stated AC and heated seats were mandatory, which placed the corolla at a much higher price. Third, with our newborn, we needed something quite big. The elantra has more trunk and interior space than the corolla, noticeably 1.5 inch more leg room. That probably seems insignificant, but with a properly installed rear facing child seat, that may very well be the difference between your better half sitting in the front or behind the driver seat.
The car will average over 40 mpg on the highway on the cruise at 60 mph with the AC on. It tops between 55-60 mpg at 40 mph.
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