Hyundai scores best in ownership costs
January 28, 2009 by Matt Brogan
The New South Wales-based motoring organisation, NRMA, has announced Hyundai’s Getz S and i30 SX CRDi as the most cost effective cars to own and operate when comparing private vehicle whole of life costs.
“We are delighted that Hyundai product is continuing to win recognition and awards in Australia,” said Kevin McCann, Hyundai’s Director of Sales and Marketing. “To win these categories is tremendous and demonstrates that in these challenging times, the range of high quality award-winning Hyundai vehicles is more relevant than ever.”
“Hyundai vehicles – including the i30 SX and iMax, which also recently collected Australia’s Best Cars 2008 awards – rated well, offering the cheapest whole of life costs.” said Brad O’Hara, NRMA operating costs expert.
Calculations are for private ownership in New South Wales, based on an annual distance of 15,000 kilometres travelled over an ownership period of five years.
Source: NRMA
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yeh ok, they might be cheap to own and maintain etc…
but my sister just tried to get new genuine 14″ Hyundai hubcaps for her Getz GL, and theyre $114… EACH! we didnt believe her, so we got home and called Peter Warren Hyundai (over Paul Wakeling) and they quoted $90each. Ridiculous! Dad then told us a set of new Fiesta hubcaps are around the $60-$70 mark each
pointless story really… but ah well. lol
*****PRIMO!*****
Yes, Hyundai where the cheapest overall, but not a real big difference to the others.
I thought Toyota’s would have been cheaper seeing the service cost is subsisdized and only $120 for first 6 services.
My Falcon 15,000 service was $302, WAY to expensive, i will NOT be taking it back to Ford any more, it was nothing more than a oil change….RIPPED OFF!!
Cheers
F-0
Frugal_One is hack PRIMA should only be used when first post.
As for Hyundai they might be cheap but they aren’t as powerful as the might HSV
ONLY A TIGHT ASS WOULD BUY THIS JUNK AND PEOPLE THAT NEED TO GETZ A LIFE.
BETTER OFF BUYING USED HERE.
I happen to be a big fan of the hyundai i30, but unfortunately i cannot help making this comments as i’m sure most i30 buyers will fall into the same category of most of the rest of Hyundai buyers… Hyundai’s are only cheapest to run because they are owned by tight ass’s who never get them serviced and put super-cheapo tyres on them, or even worse (cringe) re-treaded second hand tyres! Theres a reason why you don’t see many excel’s running around anymore!
What a goose of a comment……..fully! Seriously fluff stuff!
twilight, Just letting you know thats a very average price for a hubcap for a new vehicle. Obviously not cheap, but most new vehicles are around that. I know a few Subaru ones I have quoted are up around thj 140-165 mark
Its not so much that people are tight. Some people dont give a toss about cars. So, if they know the hyundai is the cheapest to run and it does the job they need it to do then they will buy it. These are not bad cars, they are good cars. They just dont deliver the refined driving experience and overall fell of engineering excellence which some others can.
In all fairness its a bit silly to compare quality with Excels when they where around on new car market quite a long time ago! I compare that comment to say a Toyota Celica back in 1993 or the Corolla or Camry around 1996… they where not that classy in there category. Yet the red necks try to ridicule Hyundai….maybe if Toyota or Ford had cheap cars and they sold a lot then we would of seen the same problem that was noted by Richo with Excel. Reality was other car makers never had low prices and thus never sold in volume!
The latest Hyundais deliver that feel you try to say is not there today SAM…….get off your Hyundai bashing fluff and forget Toyota!
Not all heading in that direction….but some surely are!
My Friend has a i30 and i really like it!!
It had a feeling of quality to it that i could easily compare to a current corolla/camry infact it felt better in my opinion.
It is normal to pay $100 for a hubcap, i would say that price would be standard for any car.
I paid $80 for a standard screw on arial for my girlfriends daewoo recently.
Ok, I’m interested. What is the figure?
How much per year over 5 years does a getz or i30 cost??
It’s just a shame that all those cost savings will be negated when the car is eventually traded-in or sold.
I was thinking more VW or Honda actually. I never mentioned toyota. A Corolla suffers from the same disease as a i30. Its boring but practical.
PS. How was I Hyundai bashing? I said they are good cars.
Do some of you REALLY think that the NRMA based its assessment on what people actually did (or didn’t do) to their cars?
Do you think that just maybe this assessment is based on the actual manufacturer service intervals and costs of parts/labour for the service, plus average fuel consumption, tyre replacements etc? And I doubt hub caps entered into the equation, so if that’s a deal-breaker for you, then don’t buy one.
Anyway, good win for Hyundai. Their cars are getting really good and for most people cars are a means of transportation only, and this kind of thing weighs heavily in the purchasing decision.
Sam Says:
SAM STATES….January 28th, 2009 at 12:21 pm
……..”They just dont deliver the refined driving experience and overall feel of engineering excellence which some others can”
NM RESPONSE………thats Hyundai bashing
PFFT whatever, so you say a Hyundai is as refined as any car.
Naughtyius – your missing my point! I wasn’t saying there isn’t many excels left on the road because they where of poor quality, i was saying there isn’t many left because most Hyundai owners are tightarses who never get them serviced and don’t look after them hence they don’t last.
Hyundai’s are actually very durable cars, even the old excels, its their owners however who don’t look after them so they die and then they say “bloody hyundai’s” when its their own bloody fault!
That was my point
oh and naughtyius, they are good cars now days, but they still aren’t Honda / VW standard as Sam says. Thats not hyundai bashing at all, thats just a fair point
The Original Tom – ofcourse the NRMA did their survey on actual manufacturer data and not on individual owners, I was just making a point about how the typical Hyundai owner treats there car like shit anyway. Just look around at the next set of traffic lights your stuck in, you’ll see what I mean!
Hyundi’s are good cars which are cheap,sounds like a winning formula
Thanks Richo.
One things for sure hyundis are far better than those dawoes that holden sell full stop. That i can promise you
I have no opinion about the cars in question, but for general info, according to the NRMA website “Calculations are for private ownership in New South Wales, based on an annual distance of 15,000 kilometres over an ownership period of 5 years, using average retail prices and contain a number of whole of life elements” …. INCLUDING depreciation & opportunity interest (ie loss of interest in respect of the capital outlay at 6%pa).
Cheaper cars are almost always going to have a significant advantage in whole of life running cost calculations. That’s just one cost you have to factor in if buying a more ‘premium’ (and new) vehicle. Regardless of claims about better resale values for some makes, if you pay for a more expensive new car you are going to lose more in depreciation and lost capital opportunity over 5 years than you would for a cheaper car (unless buying a true ‘classic’).
And the way all 2nd hand cars depreciate these days, I’d be reluctant to quote “better 2nd hand resale value” as a major advantage for ANY make, prestige or not.
it all comes back to the same old saying.. CHEAP things arnt good and GOOD things arnt cheap..
Freddy is correct as resale is calculated as a percentage of the purchase cost. You will always loose more money on a car, the more you spend on one new. Because for eg if you loose 40% on a $20,000 car, it is a much smaller amount than 40% of a $50,000 car..
When are you people & the motoring organizations going to realise that NOTHING has RESALE value anymore????
Seriously trying to workout running costs whilst quoting a resale value these days is just plain stupid. Also throw into the mix that these figures only account for a small portion of the population as more used cars are sold to private buyers, and then they are starting to look at cam belt services and such and then the tables can be completely reversed. ie Getz has a cam belt at 90k, Astra @ 60k (IIRC same with Barina) whilst Fiesta is 170k & Focus is 240k. Sorry but I just get p’d with reading half a’d surveys that don’t give the correct info to the greater portion of the public who would really benefit from it.
Agree Frontman.
Agree Fugal one in relation to servicing.
RICHO and SAM…..the i30 is ranked high on quality and reliability (fact). So your comment is your opinion (as your generalising as you “still” see Hyundai as the cheap nasty company that it was when it started here. Reality is Hyundai is beyond that as voting on car awards stacked against others are well documented. The i30 has the kudos to shove the belief you have that Hyundai is not as refined as others. Do not generalise as yes I agree some of there range is not refined….. but then again any car maker has not got that quality across the board.
I read that in USA the i30 had rated highest amongst all Jap cars and was even in front of Lexus….. so how you think Hyundai is a cheap car company and not as refined as Honda or VW defies logic. Thus the awards flow!
It is a good result for Hyundai BUT it is not quite what you think guys.
I think you will find that the biggest costs the NRMA considers is purchase price (for loan interest) and depreciation. Since Hyundais are cheap then this cost is very low so they win.
ACTUAL running costs would probably be higher then a Corolla.
People will then say they depreciate less so that is good too, Well maybe but if you start low and have higher then average depreciation the $ loss is still low.
Still good result for Hyundai.
I agree with Sam and Richo,
NM, sure the i30 is a massive leap forward for hyundai, but with the i30 excluded, richo and sam couldnt be closer to the truth with every word they said.
Yes they are good and reliable cars (no one has said otherwise), but they are basic. Yes they are good cars, but they are certainly no engineering masterpiece.
the i30 is one hyundai that i have not driven as of yet, but i still cant see it as having the engineering qualities to match others such as the Golf or Focus, and no review has hinted they are close in that area.
Im not a hyundai basher either, i respect what they offer and the audience they try and target.
*whisper* i feel what i said is fair because there is a hyundai sitting in my other driveway *end whisper*
A friend has a Getz, still very cheap and basic. The silly bugger went and paid full price for it walking out with a debt of just over 20K!!!!
The hyundai dealer down the road has about 10 Getzs lined up on the foot path with fluro paint advertising them for 9K drive away with very low k’s.
imagine what you would get for a trade….4K??
track the 2nd hand price of a competitors vehicle and im sure you will find they fare a lot better.
anyway, back to the quality/experience stuff…..
another friend has a Barina, and i can safely say the Barina, YES BARINA is much better quality.
It is not surprising people continue to denigrate Hyundai- without actually having driven in one of their new models. I think Hyundai’s early quality woes have really dented their reputation even today as a car maker. Since they’ve realised they can’t sell on price alone, they’ve upped their quality and each new model (that has been released since ~2002) reflects this commitment. Drive a Toyota or Nissan back to back with a Hyundai and you will see. Koreans do strive to be number one, in whatever field, and good luck to them. Hyundai/Kia group’s exponential rise is indicative of this.
On the other hand, VW perceived quality is somehow ranked very highly. Partly due to their ‘German’ origins. In Europe, though, it is a very mainstream brand; perhaps innovative, like most well resourced German manufacturers. Unfortunately, quality has suffered as cars are mass produced with cheaper components and outsourcing. Their focus seems to have shifted to quantity rather than quality. Kind of like Hyundai’s early attitude to their sales and marketing. I own a current VW, which was bought new, and have had so many quality problems. I know it could be an isolated problem (with myself just being an unlucky one) , but quality surveys and owner reviews indicate there is a more deep seated problem.
My point is, reputations are very hard to break, whether good or bad. Unfortunately, for Hyundai, they will need to continually show they have the innovation and quality for at least a decade, before people’s perceptions change.
Naughtyius Maximus
Please give us the source of information, I just can’t believe it.
i30 would be a good car, but not good as VW or Honda as someone mentioned.
Gasman,
here is your example of a nowdays hyundai……the getz.
go jump in that and tell me there are no ties to the old’n days hyundai attitude of packing to together a cheap car.
at least a plus for hyundai is that they sell them for what they are worth unlike toyota
Add to that just breaking news, Toyota is calling a GLOBAL recall on Yaris’s due to faults on Exhausts and Seat belts!.
Cmon Hyundai capitalise on this!!!, slap the big T to put the quality back into their cars..
Tack, don’t even have to look at the US, even here check out the Australia’s best cars website for COTY 2008 and the i30 sx made number 1 followed by Civic then Lancer then the Polo,Focus,Corolla, Mazda3, Citroen C3….
Geez, the Hyundai bashing is just getting childish. I speak from the fact that I am an owner of an i30 SX CRDi, just as used in that survey. It is my first ever Hyundai, and I’ve come from a Holden and Ford background, and have ALWAYS serviced my cars to the handbook specs.
If I was only interested in buying cheap, I would have gone the petrol model and saved $2.5K, or bought a Yaris! I was coming from a V6 so wanted the diesel as I was used to a slow revving motor, and lots of torque. I test drove this against the 207, C4, Golf and Focus diesels, and there were very few points of all these cars to justify the extra 4 to 8 thou above the price of the i30. So far I have done 26,000km in 9 months, have had it serviced twice, and it has not missed a beat, and nor have I anything to complain about in regard to build quality or the way it performs. I challenge these bashers to go drive one of these cars with an open mind for once.
With regards to everyone bleating about the trade in on these cars when you’ve finished, may I remind you that this survey mentioned was on “vehicle whole of life costs”, with the emphasis on whole of life! That’s as long as I plan to keep mine – I bought it from new and I am going to keep it until its worn out and dead.
Again, anyone who judges Hyundai by the old Excel, egt your head out of wherever it is, and go in with an open mind and try the newer cars out. You might be pleasantly surprised!
Snowman, Nope “vehicle whole of life costs” in this study was 15,000km a year for 5 years
Biggest costs, financing, depreciation and fuel.
Since Hyundai cars have a 5 year warranty then only servicing costs need to be counted not repairs and they could both be VERY high and still not affect the final result.
OK, Sam I misunderstood about that – apologies then
Reckon Hyundai is up there with Toyota now. However there is still prejudice agianst Korean cars.
Talking of depreciation throw in the fact that say a Mondeo bought for AU$35,000 sold in 3yrs with 57,000 has lost say $20k. But a BMW 3 series bought for $50K sold in 3yrs with same mileage has lost oooh $20K. I know what I would rather drive. upmarket everytime. (typical UK prices used by the way).
FRONTMAN,
just so you know,the astra belt change is now 10yr/150k.only early ts was 60k,then 90k.and the indicator stalk is now right side,unlike focus…
Thanks for that J&H ;-)
But even so still demonstrates the differing costs of service outside of the terms quoted.
As for the indicator possition either side is only a weeks worth of a clean windscreen. People who complain on Focus and (old) Astra don’t complain about it when looking at BMW or MB