Whether or not an entire brand is a good buy depends largely on what you need in a vehicle on a personal level – but Hyundai has a few distinctions worth considering. Hyundai does well when it comes to safety, has great manufacturer warranties, and has some decent deals if you finance with Hyundai Motor Finance.
The IIHS gives Top Safety Pick Awards for vehicles every year, and Hyundai has them in its pockets. The 2022 Hyundai Tucson 4-door has established itself in the small SUV segment; the 2021 Hyundai Palisade 4-door won in the mid-size SUV segment; The 2021 Hyundai Nexo 4-door also won in the mid-size luxury SUV category.
Honda, however, tends to conquer the small to mid-size segments in terms of safety rewards. If you are looking for something smaller than an SUV, then a Honda may be the way to go when it comes to safety. But if an SUV is what you need for your lifestyle, a Hyundai is a safe bet.
When it comes to warranty, Hyundai is arguably one of the best, if not the best. Hyundai has literally earned the title of “Best American Warranty”.
It comes with a 10 year / 100,000 mile powertrain warranty; a five year / 60,000 mile limited warranty for new vehicles; a seven-year anti-perforation warranty; Round-the-clock roadside assistance for five years and many other additional features. For hybrid owners who purchased a new vehicle in the 2012 to 2019 model years, there is also a lifetime battery warranty – the following owners have a 10 year / 100,000 mile battery warranty.
Compared to other manufacturers, Hyundai offers on average five more years / 50,000 more miles of coverage for your powertrain.
Leasing and financing
Hyundai’s lease and finance contracts aren’t bad either. The Hyundai Elantra, for example, has a lease offer for $ 159 / month, a finance deal for buyers who qualify for 0% APR for 60 months, and a rebate of up to $ 1,000.
Compared to other brands in terms of offerings, Hyundai tends to offer better discounts than Toyota, Mazda and Subaru.
Hyundai 23 years ago created a charity called Hope On Wheels, which supports cancer research. Every time a Hyundai is sold, a donation is made to Hope On Wheels. So far, there have been $ 185 million in donations.
In terms of recalls, Hyundai isn’t doing big but it’s not the worst. According to iSeeCars data, Hyundai has recalled 1,340,017 vehicles to date. Ford, on the other hand, recalled 4,944,736 vehicles. Maserati, Mitsubishi and Porsche have the fewest cars recalled.
Overall, Hyundai is a good builder. If you are looking for an SUV, Hyundai’s prices and safety ratings are excellent. If you are a qualified borrower, you might be eligible for discounts and decent leases.
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