Hyundai Philippines is giving potential buyers one last chance to beat the TRAIN. With the Tax Reform for Acceleration and Inclusion (Republic Act 10963) now in place, it pretty much means that new vehicle prices are up almost across the board.
But before these new prices take effect, Hyundai Asia Resources, Inc. (HARI) is freezing the prices of their entire 2017 line-up up until January 31, 2018 (or until supplies last). And to make it more enticing, all authorized Hyundai dealers nationwide will be offering easy-to-own packages which include cash discounts up to P 200,000 or a low 20 percent downpayment.
This is your last chance to buy a brand-new Hyundai. See this link for more details.
Hyundai may be a laughing stock in terms of product planning. But respect to them and other car companies who deferred their price increase pending the release of the IRR.
ReplyDeleteHyundai showed everyone, especially Honda, that they value their customers more that their pockets. Kudos to Hyundai.
ReplyDeleteSame price na at retain pa rin ang discounts? Sana naman me pickup kayo
ReplyDeleteMan, don't buy Hyundai. Bad service and quality isn't top notch. They give 5 yrs. warranty but after that parts begin to break down. That is if you're lucky your car won't breakdown within that period. And when your car breaks down it'll take weeks to fix. Most common reason, parts need to be ordered or still on the way even for small or common items like rubber hose or water pump. I have a suspicion they deliberately do that to use up your warranty period. There's a reason why they're giving out discounts even when others are raising prices because of the excise tax. If you buy Korean might as well buy China cars, they gave you the same headache at a cheaper price.
ReplyDelete...give you the same headache..
DeleteMan you live in the 80s or 90's. Quality according to all firms that track quality all rank them in the top 10 in quality. Heck even Kia comes second to Toyota in quality nowadays. Quality of Japanese cars are not very good nowadays since most are made in Thailand. If you compare a Japan-made FJ and a Thai built Fortuner, the quality is miles apart.
DeleteActually our Fortuner is sourced from Indonesia.
DeleteYou can cite all the expert reviews you want but I was a Hyundai owner (Sta Fe). It wasn't a nice experience. Those experts don't own them for 5 or more years. They test cars for days only. That's the caveat everyone should keep in mind.
DeleteYeah and we should believe an anonymous post rather than a scientific testing done by prestigious organizations that are being referenced by car companies to compare their products versus competition
DeleteI didn't tell you to believe me. Just read up on their Facebook accounts. That's what I did at that time to find out what really is going on. Of course that was 5 or 6 years ago, don't know what they're saying now. Maybe, there's an improvement already. Haven't kept track on Hyundai, I'm not buying the brand anymore, anyway. I looked up Hyundai Manila and Cebu Facebook accounts. The reviews were terrible, which I should have read before buying. Or better still, buy one. That is, if you still haven't own one.
DeleteI do own a 2015 Santa Fe and quality is the same as my older Fortuner. My previous Honda Civic had a lot of electrical gremlins, but it doesn't make the care unreliable. You should have joined the Santa Fe club in Cebu to know that its a fine vehicle and a blast to drive
DeleteBaka surplus na santa fe sa kanya. Papgpunta ko cebu marami kasing surplus na korean atsaka honda fit at civic
DeleteHay naku Jun Rivera you don't have to be so stupid to say things like that. If you don't believe it then don't. He didn't even say he's from Cebu. It's clear he bought it brand new because he talked about warranty. Personally, I don't own a Hyundai because I've heard about quality issues of Korean cars even new ones. He's right you can't trust the "experts" who only reviews cars but don't own and use it long term. I also hold that opinion. So if you think your experts are the ones to be trusted and not the real owners like those people complaining on Hyundai's Facebook account then good for you. Just keep your mouth shut and try to be respectful.
DeleteWhat's so disrepectful about that? I wonder which hyundai fb post he read since i'm a member of santa fe club in cebu and i've never known of any new generation santa fe to have any problems. Maybe its like some ano poster claiming mazda is not euro4 and its totally false
DeleteHi Sir Uly, I'd like to ask for your opinion regarding this matter. Why is there a seeming discrepancy between the high praise given to the Korean twin brands overseas and the low regard most people have of them over here in Pinas? Thanks and God Bless.
ReplyDeleteAnon 1/8 has a point. Cars don't usually begin to go bad until the 5th yr. It's actually the condition of the car after the 5th yr that is the true testament of the brand's durability. It's should not be just the major parts like engine, transmission, etc. but the whole car itself. The plastic cover of the lights or control, the locks, the seats, power windows. The small stuff tends to be annoying when these begins to go bad. It's worst if the major parts begins to break down. I remember a friend of mind lamented his 8 yr old Kia Sportage plastic reading light cover "melted". I believe he meant deformed probably because of the light's heat. Small things like that tend to get pass the experts' attention but not to car owners.
DeleteEvery car has thst and not just koreans. My colleagues' isuzu alterra needed an a new transmission after year 5 and my honda civic had electrical gremlins affecting aircon alternator on the 4th year. Heck even a friends mazda had numerous battery problems within the warranty period
DeleteYeah and my Fort's fuel injection pump failed after the warranty and it costs a fortune to have them replaced with Toyota
DeleteThat's what I said and every car owner knows that. But let's just say the Koreans probably has more than the others that's why the perception of it being inferior stuck.
DeleteI just came from reading Hyundai's facebook as Anon 1/8 mentioned and it's true. Many are complaining, more from Cebu account. My bisaya is limited but I can understand enough that it's not very flattering. You're
a cebuano why not share with us what they're saying.
Maybe the dealer in Cebu sucks but if you looked at the several Toyota dealer pages from Cebu there are also a lot of complaints. FB rating is just as low as Hyundai but it doesn't mean that Toyota sucks right? Most car buyers would not even care to rate their vehicles or open the FB pages of the dealer. Join the car club for a particular model instead and you will know from actual owners their experiences rather reading on the few complaints on FB pages
DeleteI disagree. Car clubs are for fanboys like you. Most are blinded by their loyalty to the brand even if it's a lemon.
DeleteYeah and based on FB posts toyota is just as unreliable as a Hyundai
DeleteNo, based on the fb posts its still better than Hyundai.
DeleteToyota's 3.6 stars versus 3.4 stars is hardly a ringing endorsement. There are numerous complaints in the Toyota page as well. What will this world if we base in FB posts who may not be verified buyers versus scientific studies of quality monitoring professionals.
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Deletelakad na lang tayo mga besh kung fb lang basehan ninyo. Honda Makati andaming complaints sa fb page nila
ReplyDeleteSo many arguments, Hyundai owners here arguing will see the day their cars get older. I can see based on what you posted your cars are still relatively new and you put put all your trust on what you read from foreign reviews. Fact is, Hyundai cars have very low resale value. It's always been and it still is now. The market doesn't lie. You can argue until you turn blue but there's a reason for that and its not just perception. Korean cars quality are at best arguable. It's just a tad better than the best of the Chinese brands which are getting better too.
ReplyDeleteSubaru has low resale balue ergo it is unreliable
DeleteNo, Subaru is not "ergo" unreliable. It's gasoline.
DeleteBeing an accountant, I was piqued by this and wondered how low the resale value of Hyundai is so I searched the market price of compact sedans five years ago since I'm looking for a new car. For 2013 year base AT models, Mazda3, Elantra and Altis sells at OLX at 400-450k while Civics usually sells for 500k. It does have lower resale value but not by much.
ReplyDeleteI also looked at the original selling price of the car. Mazda3 was 990k Elantra was 880k while Altis was 980k while Civic was 1.08M. everyone knows that Hyundai gives generous discounts, I just don't know how much it is 5 years ago.
Depreciation for the Mazda 3 assuming a selling price of 425k 113k, for Elantra its 91k, for Altis assuming a selling price of 425k its 106k while for the Civic it is 116k. And that doesn't even factor in Hyundai's generous discounts.
I think you have to dig deeper. Those are sellers' prices. You should find out how much it was actually sold. If it stayed unsold too long the price goes down. Hondas are very saleable. You can see dealers even advertising to buy them. Don't know about Mazda and Korean cars. Mazda parts are few and thus expensive. Korean cars, anybody want to buy 2nd hand? Not sure.
DeleteMarket prices tend to dictate OLX since sellers will lower prices if it doesn't sell. Even assuming that the Elantra will sell at the low end of the listed prices 400k and Altis sells at the high end of their list price at 450k, a buyer of an Elantra will still lose money on par with the Altis and substantially less than a Civic or Mazda3. Bottom line is that low resale prices of Elantra is expected because it sells a lot less than other competing brands originally even not factoring in the huge discounts they offer.
DeleteKorean cars depreciate faster than Jap cars. It accelerates after the end of its warranty. It is not
Deletejust a matter of the original price being lower. My brother sold his 2005 Sta Fe in 2011 at 650k, he tried
selling it for 800 for a year but no takers. Fortuners at that time was cheaper than the "new gen" Sta. Fe by at least 100k. But the former was still at the 800k to 900k range 6 yrs later. Btw, he sold it because it was already showing its age as in repairs here and there.
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ReplyDeleteLaki pala ng lugi pag Civic binili mo, 600k over 3 years. parang bumili ka ng bagong vios at winasak mo na walang insurance.
ReplyDelete