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Why is it cars like Hyundai are so cheap when they are just as good as any other sedan?

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  • by 8 Jan 2004-10 Dec 2009 on June 1st, 2007

    8 Jan 2004-10 Dec 2009

    Labor costs.

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  • by El Soupy spanish for the soupy on June 1st, 2007

    El Soupy spanish for the soupy

    Just as good? Hyundais had a REALLY rough start in america, they dont have the solid reputation as say Honda or Toyota. also they dont hold their value like the other two

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  • by RustedEarth on June 1st, 2007

    RustedEarth

    Just as good is a personal opinion not based upon research and fact. Performance reviews differ, quality and luxury differs and is not up to par with more expensive vehicles.

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  • by Biggie15 on June 1st, 2007

    Biggie15

    Isn't that a good thing?

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  • by kaykay on June 1st, 2007

    kaykay

    It usually has something to do with the quality of the materials used (such as in the interior).

    But like Biggie14 said, it's a good thing! It's great that one can get an economy car that runs perfectly well.

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  • by wookieblu on December 29th, 2007

    wookieblu

    im on my 2nd hyundai.
    first i had a elantra it was great 2 yrs old and over 70 thousand mile but worked great
    now i have a tiburon and i love it.
    both cars compare to all others i have had, there good cars.

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  • by MondoManDevout on November 11th, 2010

    MondoManDevout

    You guys aren't lieing. I'm taking an econometrics class, and we actually had to run regressions on different makes of sedans. I actually googled "why are hyundai's so cheap" because we had to come up with some reasoning as to why our most underpriced and most overpriced observations are as they are.

    In other words, according to our model, given the relationship amongst car price to independent variables such as cubic space, engine-cylinders, weight, EPA, and horsepower (and a dummy variable for whether the car is foreign or domestic), the Hyundai Azera is underpriced by about $6.5 thousand, in relation to what its EXPECTED to be given that model.

    Just thought you'd be interested (dragging on completing my part of the remainder of the project)

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