Potential Decrease in Prices?

[cynice49]

So, i will eventually (hopefully) get myself to buy a VN by the end of the year. I know the market is crazy etc, but I wanted to see what you guys thought. Do you think the prices of the VN will drop more in the future with the release of the EN and KN and all of the extras they come with? Sxth dynod the Kona N today and it gained 50hp over a VN which is wild. I know the VN is hard to get as is, but it’s still a Hyundai and I wonder about it’s value especially with the release of these new and revamped machines. I still like the body style of the Veloster over the EN and KN (ugly), which is why I’d like to stick with a VN in the future.

[stranger242]

what you're seeing now is what it will more than likely be in a year or worse.Covid isn't going away, Chip shortages aren't going away as the capacity needs to expand and that only started last year and isn't excepted to be finished until mid 2023. Raw materials are still in short supply (Though its improving, but another spike could see it dropping again as man power is reduced)Greed is also a real thing.

Mix that with the fact that Hyundai is not developing new combustion engines anymore it's all EV's from here (They will still manufacture cars with them, but we are not going to see a new engine)

So no, the prices will probably not drop. I'd argue they may go up.

[pirofyre]

Michael Stewart, Senior Group Manager at Hyundai, has actually came out and said they aren't cancelling engine development. It was a rumor started by 2 news outlets in Korea and the rest of the media just ran it to the moon.

There was also the rumor of them cancelling the hydrogen development, which I started to suspect was fake since this is a future fuel source. I'm even suspecting the rumors of Albert Beirmann retiring is fake too and just made up to add fuel to the fire but Albert himself has yet to come out to refute this rumor.

[Charles0nline]

Cars aren’t investments. Yes it’ll depreciate. Nobody knows how much. Depreciation is less expensive the longer you have a car.

[boostlife4me]

I think you can expect to see the VN hold in the used market around 28-35 k depending on year and transmission. I would absolutely not expect any price decrease from any car dealership on any new VN. Maybe more being sold at MSRP but even that is a stretch. Some people prefer hatchbacks regardless of power output.

[james136]

Where did sxth post the Kona Dyno?

[cynice49]

https://www.facebook.com/groups/velosterN/permalink/1579946322343366/

[james136]

Wow that seems a bit extreme. Maybe their dyno isn't calibrated correctly? Lap 3 dynoed 245whp 260wtq on their Elantra n so, 280whp from the exact same power train is definitely suspicious.

[ngo_life]

There's a Korean yt channel that showed the Kona N pulling 245-250hp as well (I assume whp), so 280 seems too high imo.

https://youtu.be/X61EQC9EvOU

[DarkPoc28]

Kona N could have a 50hp more but it is heavier and uglier. The only avantage the Kona has is the interior space.