Hyundai Veloster to be priced around $25,000 in Australia

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By Tim Beissmann | August 29th, 2011

The all-new Hyundai Veloster should be priced from approximately $25,000 in Australia based on the positioning of the quirky new hatch in other international markets.

While new vehicle prices rarely convert directly from one currency to another, the positioning of the Veloster within Hyundai’s US range gives us a very good indication of how the new model is likely to be positioned and priced when it goes on sale in Australia in the fourth quarter of 2011.

In the US, the Veloster is priced between the all-new Elantra compact sedan and the medium-sized Sonata (called the i45 in Australia).

The six-speed manual Veloster starts at $US17,300, making it just $US900 more than the entry-level Elantra ($US16,445) and some $2395 less than the base model Sonata ($US19,695).

In Australia, the recently launched Hyundai Elantra range is priced from $20,590 while the comparative Hyundai i45 model with the 2.4-litre petrol engine starts at $31,090.

Based on this comparison, a starting price of around $25,000 for the Veloster (before on-road costs) seems reasonable for the Australian market.

At that price, the Veloster would compete with the Kia Cerato Koup (priced from $23,690), as well as mid-range small sedans and hatches like the Mazda3, Holden Cruze, Ford Focus, etc.

The Veloster will be launched with just one engine: a 1.6-litre petrol unit producing 103kW of power and 167Nm of torque. A six-speed manual will be offered alongside a six-speed dual-clutch transmission.

A turbocharged variant of the Veloster – believed to produce 155kW and 265Nm – has been rumoured for other markets, but is yet to be confirmed either overseas or in Australia.

The Hyundai Veloster features a unique three-door layout, which in Australia will be configured with one door on the right side of the car and two doors on the left. (The advantages of this design were highlighted in a banned Veloster commercial we featured last week.)

The Veloster pricing revelation follows our earlier report that Hyundai Australia is committed to introducing the Hyundai Genesis Coupe to local showrooms, with a launch potentially coming in 2013.

Read CarAdvice’s review of the Hyundai Veloster.

Dan

Is it going to be rear wheel drive?? Judging by the first photo, it appears that it may be…

delux

If you have to ask this question, then you don’t need to know.

a

Especially if you can’t see the rear wheels aren’t rotating in that photo which is a dead giveaway.

FrugalOne

*****PRIMO!*****

I like this idea, anybody who has owned a Coupe knows how hard it is to get in the back seat, so RX8 doors are great idea

NOT a sportscar, but looks good, well made and fair price, Girls are ging to love it

bobin

******* FAIL!********

delux

he’s right though. Chicks will love it.

SpoonSV

there it is again . . . . . . . “PRIMO”

Stooge.

As for the car it’s funky but not quite sure of the 3 door look. looks a little unbalanced.

Should do well in the market though as the appeal of the car is that it’s a little different.

Jzaa

That overhead shot of the car really shows off the lines of the car!! I like what I’m seeing, great job Hyundai
OPTIMISER

Im gettin jealous of America……….pricewise….hrunhhh:/

Nasal Explorer

Don’t be . . . if you were in the States, the chance of having a job and being able to afford a new car are much less than in Oz.

Taylor

yeah but rego over there is like $150 a year but yes for a super power of a country the poverty levels are very surprising!

anthony

how many people in oz have seen a raise in recent years. unless your chewing up stuff from the ground, things arnt to flash in oz either.
the price difference is a joke.

Thrillhouse

So move there. I’m sick of blokes like you bringing up the price difference of cars here vs the USA every single bloody day.

http://caradvice OSU811

Cheap, this will sell well!!!, Hurry up with the turbo model please!
Jzaa

It amazes me that we have Toyota fumbling round with the same slab based Camry year after year after year, then here comes Hyundai with 1 good & unique looking car after another. They’re really picking their game up. If i didnt have repayments on my current car i’d be looking at a Hyundai hands down with all the positive things i’ve heard and read!
RD

The Koreans continue to surge forward, giving consumer’s what they want!

Well done Hyundai!
xl

Saw a blue one at Top Ryde this morning.

Doing road tests maybe?
bd

The turbo Veloster will get a diff. front fascia that will be more aggressive looking.
Pauly

I feel sorry for Honda. They will be launching the CRZ around the same time as the Veloster comes out. And the Veloster looks like it’s going to be a good $10,000 cheaper….

QAZ

CRZ is more expensive bcos its a hybrid…and its a Honda.
To me CRZ looks better too.

o

Looks really good, I would hope they price it against the coup at 23k/25 driveway. Even at 25 the kit will be good, Ive heard the touchscreen is standerd.
Martin

Hyundai needs to make sure it’s not above $25,000, as any higher and it comes into A1, Mini Ray/Cooper, Alfa Mito, polo GTI and Honda CR-Z territory. Judging by initial reviews of the Veloster, those cars are superior to the Veloster and offer more desirable brand names. Pauly, I’ve heard from Honda dealers that the CR-Z should start from $30,000, roughly the same as the now discounted Insight.

http://caradvice OSU811

At $25k it will make it around $28,990 drive away, compared to the likely price of $33,990 drive away for the CR-Z, which is slower smaller and less practical!!
hmmm easy choice!

Orb

Damn really want hyundai to just bring genesis coup to australia instead. Definitely buy it if it comes.. n really annoying how cars in australia become so expensive compare to USA when AUS($) is higher!!
Age

As long as Hyundai Australia dont mess around with it and pull too many features off the models they are getting in the U.S. – which given their track record worries me greatly – I’m lining up for one …

Would not half suprise me if they ditch the innovative touchscreen for an AM/FM Cassette Radio & Digital Clock for example ..

And all these fewer features for only $8k more .. despite a stronger dollar .. gotta love this country !!!
orb

Wot!
If the $25000 starting price is true then it’s surely way too expensive!! I don’t think most young poeple like me could afford that.. Hyundai need to cut price a bit more like 20000 – 22000 if they wants more young buyers(==;)
drbubo

Go for the all new Yarris, it has climate control, 7 airbags and a satnav too. Hyundai and Kia are getting out of touch with choped off specs and prices.
Eric

I live in Melbourne but i Test drove one in Seoul, Korea.. Very nice car, feels very tight, very comfortable seating and position, easy to use dash layout.. the only downside i test drove a standard automatic model, which i dont think is comming to australia thankfully.

Top model in korea is priced at around $26,000aud. so Australians are just paying the little extra for RHD and importing.. not bad really.
Anonymous

and i just bought a Kia Cerato Koup sls damn
Kinsl7

25K is dangerously close to polo gti territory.. kind of price i’d expect for the veloster turbo.
Kinsl7

25K is dangerously close to polo gti territory.. kind of price i’d expect for the veloster turbo.
Red dog

Right enough, you can pick up more prestige cars for a similar price which is all very good until you have to cough up a fortnights wage for a service,,,, regularly
Anthonylentini

Start working more shifts then mate
ATV

Full of it. Prices are from $31K to $35K! So much for a competitive price. All of the sudden Hyundai feels like the should be priced like a Golf, etc… good luck selling them.