Archive for the ‘Hyundai’ Category
Drivers have so many options to choose from when they're shopping for cars. Whether they're mulling different automakers, models, colors or engine types, motorists certainly have their work cut out for them. But for some, the search is narrowed simply by sticking with used cars. These budget-friendly options generally offer safe, reliable rides for a wide variety of drivers, all the while providing access to affordable monthly payments and auto loans.
Why buy used cars?
It doesn't take a rocket scientist to figure out why used cars are so attractive to drivers. Not only are the sticker prices of these vehicles lower than their brand new counterparts, but there are many opportunities to save on the average depreciation of automobiles. By investing in a lightly used model, drivers can avoid much of the hit to the value of cars that occurs in the first year of ownership without sacrificing quality. To help in this endeavor, iSeeCars.com compiled a list of the best used cars to buy.
"Everybody knows that new cars depreciate the most in the first year and that different cars have different depreciation rates, but we wanted to see which used cars experienced the largest price drops compared to their new models," said Phong Ly, iSeeCars.com CEO.
It's important to note that the ideal investment for drivers will vary. If you're not sure what type of car is the best fit for you, take your search to New Jersey State Auto. There you can browse through a wide selection of Carfax-certified used cars, trucks and vans to find an option you love.
"Auto industry developments can lead to great deals."
How to find the best options
Auto industry developments can lead to great deals. Overhauls and redesigns drive up the cost of new models and decrease that of recent cars, making these lightly used cars a great value. That's not the only cause, however, so drivers should pay attention to what's going on in the industry to try to locate the best value deals.
"There are numerous reasons for the wide range of differences, but the most prominent factors that increase the price difference between a car's new and lightly used models are lower popularity compared to its competitors, a brand with reported dependability issues or expensive repairs, or having just undergone a redesign," Ly explained.
Motorists can also keep an eye on used car websites to monitor the models at a specific lot. At NJ State Auto, for example, you can sift through used cars under $10,000 – or your specific price point – and try to locate the best vehicles on sale. Then you can move quickly to make sure you don't miss out.
Models to watch
"Buying lightly used cars will leave cash in your wallet."
Still, iSeeCars.com identified a few models you may want to pay special attention to, especially if you're concerned about depreciation. At the top of the list is the Hyundai Genesis. These models drop an average of 38.2 percent after the first year of ownership, which equals approximately $16,600 in value. Buying a model that's just 1 year old will present thousands of dollars of savings, and going further back will leave even more cash in your wallet.
Another model that can give way to massive savings is the Cadillac CTS. The study showed a 36.9 percent depreciation after the first year, and with a luxury brand like Cadillac, that translates to a price difference of about $20,000. Other attractive models include the popular Chevrolet Impala, which has a price drop of 33.5 percent after year one, and the GMC Yukon XL.
Young drivers have a lot to learn on the roads. One of the most important lessons involves safety, but this goes beyond defensive driving habits and fast reaction times. Motorists – especially relatively new ones who face a high risk for accidents – must also prioritize getting behind the wheel of used cars with plenty of effective safety features.
What used cars should have
Consumer Reports recently released a list of the best used cars for teens. The vehicles all sell for less than $10,000 and come equipped with some of the best safety features on the market, making the automobiles smart choices for any family.
According to the source, some of the most important features include electronic stability control. The main benefit of ESC is that it keeps the car on the road in situations where a rollover may be possible, which is often the most dangerous type of accident. In addition to secure seat belts, ESC is one of the most important amenities a car can have.
Buyers should also look for vehicle with side and curtain air bags. Updated brakes and a strong frame are also important aspects to consider when shopping around.
The best cars for young drivers
So what are the top cars? According to Consumer Reports, Ford is a solid automaker to consider. The 2009 to 2011 Ford Focus, for instance, is a fuel-efficient vehicle loaded with amenities, but it stops short of offering overly distracting features. A Ford Fusion from 2010 to 2012 could also be a smart choice. Consumer Reports noted that this is a straightforward vehicle that is capable of getting the job done without overcomplicating the driving experience.
Other options include the 2010 to 2011 Kia Soul, the 2006 to 2014 Hyundai Sonata, and the 2004 to 2012 Toyota RAV4. Each of these models provides drivers with the safety and performance features they need to handle the roads while also offering low price points.
If you're looking for quality used cars at low prices, check out the selection at NJ State Auto Auction. The lot is home to hundreds of Carfax-certified used cars, trucks and vans, many of which are equipped with top-notch safety features. Many of the automobiles on sale have a sticker price of under $10,000 as well, giving young drivers and their families many opportunities to save money without giving up quality.
Finding a dependable vehicle is of the utmost importance for anyone looking to buy a used car. In fact, it is one of the biggest factors for drivers, and it can certainly sway someone from one automobile to another. For the third year in a row, CarMD has created the Manufacturer & Vehicle Reliability Rankings to help motorists zero in on the most dependable models, and the findings may impact the car-shopping process for many buyers.
When it comes to reliable automakers, Hyundai topped the list. The South Korean brand had the lowest ratio of reported incidents per cars on the road, and it also boasted a relatively low average repair cost of $312.67. Hyundai's first-place finish was an improvement on the past two years, when it came in second place, and its success pushed the reigning champion Toyota into the No. 2 spot. Toyota also had few reported problems on the roads, but its average repair cost was considerably higher – it clocked in at more than $540, which was the highest of the top 10 brands.
Completing the top five in the list of the most dependable manufacturers was General Motors, Chrysler and Honda. GM featured the lowest average repair cost at $304.99. Despite the success of those brands, the rankings of individual models featured some other vehicles. Although the Toyota Camry was found to be the most reliable edition, Nissan stole the show after it managed to land five automobiles in the top 10. The Altima came in at No. 2, and multiple models of the Rogue and Sentra also landed on the list.
Drivers searching for reliable models can check out the vast selection at New Jersey State Auto Auction. That lot boasts hundreds of CARFAX-certified cars, trucks and vans, and many of those options are dependable, high-quality vehicles that will help keep repair costs low.
Drivers shopping around for a used car are typically on the lookout for value. Finding options with great features at a manageable price is of the utmost importance for motorists, especially those who are on a budget. That is why some organizations go above and beyond to look at qualities like price and ownership experience to determine which automobiles offer the best value to drivers.
Strategic Vision did just that, and it recently released the winners of its Total Value Awards. These accolades were created to honor those vehicles that provide drivers with the most bang for their buck, and for the first time in the 18 years of the study, Hyundai came out on top. The brand was acknowledged as one of the best for its combination of reliability, durability, fuel economy and pricing.
A few specific models stood out for the Asian brand. Specifically, the Hyundai Equus took the lead among luxury cars, while the Sonata, Genesis Coupe and Elantra also claimed the 'Most Valuable' title for each of their respective segments. Although other brands like Chevrolet and Ford also landed on the list with certain vehicles, none of those automakers had the same impact as Hyundai.
"Hyundai continues to offer customers the highest-quality products, packed with premium technologies and best-in-class safety features," said Mike O'Brien, a vice president at Hyundai Motor America. "Awards like this from Strategic Vision reflect our hard work and commitment to customer satisfaction and value."
Whether you're looking for a used Hyundai or any other vehicle with excellent value, you should head to NJ State Auto Auction. The lot is home to hundreds of CARFAX-certified cars, trucks and vans, all of which combine affordable prices with attractive features.
Every year, Consumer Reports looks at drivers’ perception of the various car brands, and then ranks them from best to worst. The most recent report looks at data collected over the past year concerning consumers’ opinions on seven categories for each brand – quality, safety, value, performance, technology/innovation, environmentally-friendly/green and design/style. Toyota, Ford and Honda were ranked the highest in terms of customer satisfaction. Toyota and Honda both saw improvements over last year’s scores, while Ford’s high score remained unchanged. Other brands did not fare as well. Scion, Mitsubishi and Ram were at the bottom of the barrel with the worst overall scores.
“This past year brought stability and increased sales to much of the automotive industry. Yet, the brand awareness scores for some like BMW, Buick and Hyundai have declined,” said Jeff Bartlett, deputy auto editor online for Consumer Reports. “The data shows that is has become harder for companies to compete for share of mind. Consumers are not seeing as much differentiation between brands as they have in the past.”
It is important to note that this ranking is not demonstrative of the actual quality and level of safety of cars. Rather, it reflects how drivers feel about the vehicles they own and have driven. The report can prove to be a useful tool for car shoppers, as it may help them decide between two vehicles, if one brand was ranked well below another.
However, a brand that ranks lower on this list does not necessarily produce low-quality vehicles. A car that was not right for some may still be a perfect fit for you. You can find a wide selection of makes and models at NJ State Auto Auction. No matter which brand you prefer, you can drive off the lot with confidence, as every model is CARFAX certified.
In just a few days, the Baltimore Ravens will go head to head with the San Francisco 49ers in New Orleans for Super Bowl XLVII, and whether you’re rooting for the birds or sporting red and gold, there’s one thing everyone is looking forward to – the commercials. This is prime time for advertisements, as last year about 166.8 million viewers tuned in to the game, which is why ads cost nearly $4 million for just 30 seconds of air time. This cost may be worth it, as a recent Nielsen survey found 91 percent of viewers are just as excited for the commercials as they are for the game, according to USA Today.
Super Bowl commercials run the gamut from soda and beer to department stores and fashion lines, but the major player is almost always the auto industry. This year is no different, as Audi, Toyota, Volkswagen and many other brands are gearing up to air commercials debuting new cars. These ads go above and beyond the traditional car commercials, using unique angles to catch viewers’ attention.
Hyundai, for instance, showcases a kid gathering a team of his friends – including one bear-wresting youngster – to take on a neighborhood bully. His mom drives him around to wrangle his friends in a Hyundai Santa Fe. The whole ad strategy includes an interactive social media project called “Find Your 7” that allows fans to assemble their dream team in a seven-passenger virtual Santa Fe.
While most of the ads will showcase new cars, they can still help vehicle shoppers get an idea of what they might want in a used car. After the Super Bowl, drivers can find a variety of makes and models at New Jersey State Auto Auction. Plus, every model on the lot is CARFAX certified, letting all drivers feel like MVPs when they get behind the wheel of their cars.
Hyundai is having quite a run. Just weeks after winning the coveted North American Car of the Year award for the popular Elantra, a J.D. Power and Associates report found that the manufacturer is at the top of the list when it comes to customer loyalty. Hyundai has a 64 percent retention rate beating out stalwarts of the industry including Honda, Ford and Jeep.
The findings are especially impressive given the fact that Hyundai has been criticized over the last decade for manufacturing unreliable cars. However, officials have made a concerted effort to appeal to customers through initiatives like their Assurance Program, which guarantees buy backs for Hyundai vehicles. Not only that, but the reputation of the brand is changing as well.
"Hyundai's increased retention rate is shaped by its expanding model lineup, as well as the fact that perceptions of the brand’s quality and appeal have continued to improve during the past decade," said Raffi Festekjian, the director of automotive research at J.D. Power and Associates.
The 64 percent retention rate marks a 4 percent jump compared to 2010 and places Hyundai well above the industry average of 49 percent. Ford and Honda came in second place with 60 percent, and BMW and Kia rounded out the top five with 59 percent each.
The study also found that women and young adults are more likely to buy a different brand with their next purchase. Whether you are looking to get behind the wheel of the same make and model or if you're heading in a completely different direction, New Jersey State Auto Auction is the place to go. With a wide selection of used cars at affordable prices, there is something for everybody.
The Toyota Camry has long been the best-selling car inside the United States, and while that may very well be the case again this year, the popular vehicle has lost substantial ground to the upstart Hyundai Sonata, and according to Bloomberg is looking to separate itself once again.
Coupled with the earthquake and subsequent tsunami that struck Japan, Toyota has seen sales of the Camry dip 31 percent compared to its best year ever – 2007. Comparatively, the Sonata has experienced a 35 percent jump after a revamp in its design last year.
"Sonata became a very honorable contender in the market,"’ Yoshimi Inaba, Toyota’s North American chairman, told the news source. "We do have good respect for the model, and the sales figures show it’s increasing quite a bit."
Perhaps the biggest reason for the boost in sales has to do with the fact that Hyundai has been making a push to boost fuel economy. The news provider reports that the Sonata gets 35 miles per gallon compared to the Camry's 32.
The Hyundai Elantra has been one of the most popular cars on the road recently, but the company is still making some changes for its upcoming 2012 model. USA Today reports that the manufacturers will include a number of upgrades that will focus on improving the car's fuel economy.
In particular, Hyundai will outfit all the compact sedans with the so-called Active Eco System. This upgrade works by smoothing out throttle response, which can help boost fuel economy by as much as seven percent. The move could be a big one, as the car is already among the most fuel-efficient on the road.
The expected changes for the 2012 model will not just be efficiency-related, however. According to the news source, Hyundai will also add some new safety features such as improved fog lights, a louder horn and a passenger-side sun visor extender.
Drivers interested in the purchasing the Hyundai Elantra may want to hold off until the new version is released. However, if one is looking for a used car they may want to turn to New Jersey State Auto Auction, which offers used Hyundais at an affordable price.
The Insurance Institute for Highway Safety routinely tests batches of vehicles to determine its "Top Safety Picks," an award that's been coveted by the automotive industry in the past. The group recently took a look at 13 small cars and crossovers, and found that six were worthy of the prestigious title.
Of the cars tested, only the Ford Focus, Toyota Prius, Nissan Juke, Lexus CT200h, Hyundai Elantra and Honda Civic were able to perform well enough to receive the award. The IIHS maintains that all vehicles must earn the highest rating of "good" on front, side, rear and rollover tests to qualify.
This tough requirement can lead to disappointment for some brands, as the Honda Insight and CR-Z found out in this round of testing. Both cars earned good ratings on all tests except the rollover, where they were merely "acceptable." Similarly, the Scion xD had three good tests, save for an "acceptable" front impact crash.
If you're in the market for a safe and reliable vehicle that won't break the bank, check out New Jersey State Auto Auction. They have many "Top Safety Picks" of past and present available at reasonable prices.
Kia has announced that its Sorento crossover will be getting an upgrade for the 2012 model year, with a new engine expected to boost fuel efficiency and performance.
Official EPA numbers aren't available for the new 2.4-liter four-cylinder engine, but USA Today says it will "almost certainly boost gas mileage" for the crossover, which already earned 21 miles per gallon in the city and 29 on the highway, very good numbers for a crossover vehicle.
On the performance front, the new engine uses direct injection technology, a change for the brand. Autoblog states that horsepower will be boosted from 175 to 200 for the new Sorento. Typically, upgrades to fuel economy and performance are mutually exclusive: a bigger engine means more fuel usage. So this is a rare coup for the South Korean automaker that's sure to move some models.
The Sorento will also enjoy an upgrade on the interior, courtesy of the new UVO hands-free "infotainment" system. Kia and its parent brand Hyundai are beginning to incorporate UVO into their vehicles, so it makes sense that the family-friendly crossover would be one of the first to get the treatment.
That said, new car prices are high right now, so drivers may want to hold off for the time being. Waiting for the Sorento to hit the used car market can bring drivers significant savings.
Hyundai is dropping its job-loss guarantee program, which gained national attention during the economic downturn, in a sign that the nation may finally begin to recover from the sky-high unemployment numbers of the past few years.
The South Korean automaker introduced the Hyundai Assurance plan in January of 2009, according to the Detroit Free Press. Essentially, the automaker felt that many buyers were ready to make a purchase on a vehicle, but were worried about their job security in the tough economy. So Hyundai offered drivers an escape clause. If they financed or leased a vehicle and then lost their job within the first year of owning the car, Hyundai would take the vehicle back and the driver would be free of their financial obligation.
It's tough to quantify how many people ended up buying a car because of the guarantee, but analysts say that the Assurance program at least partially accounted for the strong sales that Hyundai showed even during the economic downturn. Hyundai says that it ultimately took cars back from 350 people who lost their job.
Now, however, Hyundai says that not many people are taking advantage of the program, which the automaker says is a good sign.
"It's another small indication that things are getting a little bit better," spokesman Jim Trainor told the news source.
The Honda Civic has long been the reigning king of small sedans, in both sales and critical acclaim. Yet South Korean automaker Hyundai has been making waves in recent months with its well-designed vehicles that often come in much cheaper than the competition.
According to CNET, the Civic "should definitely be afraid" of the new Elantra GLS. The news provider was able to get some one-on-one time with the new vehicle, and they came away thoroughly impressed.
Hyundai markets the new Elantra as "the compact car other compact car makers don't want you to know about," and it seems like there's something to the hype. In terms of performance, CNET only preferred the Honda's handling to the Hyundai. The Elantra beats its Japanese counterpart in both pure power and fuel economy. Plus, it comes with a 10 year/100,000 mile warranty, which is the best in the industry.
The interiors of the two vehicles are pretty similar, although the Elantra does have an option for a rearview camera, which isn't offered by Honda.
As tested, CNET reports that the Elantra GLS would have ran them about $20,230 – approximately $3,000 less than a similarly-equipped Civic. There's no doubt that the new Elantra will give drivers great value, but those interested in the vehicle may want to wait until it hits the used car market before committing to a purchase so that they can save even more.
Arachnophobes beware: Mazda is recalling 52,000 Mazda6 sedans for problem related to the eight-legged crawlers.
Apparently, a certain species of spider, the yellow sac, is attracted to the evaporative canister vent line. The problem is that these creatures will infest the vent and begin to spin webs, which will in turn block the necessary vapor from traveling through the line, possibly leading to leaks or stalling in the engine. Mazda plans to insert a spring into the vent to prevent spiders from nesting in there.
It's certainly a first to recall a car for a spider problem, but the Mazda6 isn't the only vehicle suffering from the issue. Honda issued a technical service bulletin (TSB) in 2009 for the same problem in 2008-2009 Accords. The TSB is a step down from a full recall because the issue won't effect vehicle performance in the Accord – although it may cause the "check engine" light to come on.
Hyundai similarly issued a TSB for the same vent line, saying that problems with it could be caused by debris or possibly spiders. Again, the Hyundai vehicles don't appear to have any serious ramifications like the Mazdas do.
Drivers who shop at New Jersey State Auto Auction will be able to choose from a wide range of vehicles, which is a good thing – because arachnophobes will probably want to steer clear of these vehicles.
Hyundai has announced that it may be expanding its luxury offerings by debuting a new sedan based off of its current Genesis Coupe.
According to Automotive News, the South Korean automaker is looking to create an entry-level sedan that could compete with vehicles like the BMW 3-Series, Audi A4, Mercedes-Benz C-Class and Acura TL. The Genesis Coupe has been a successful luxury vehicle for the company, so the automaker is currently considering a model that is based off the car's sharp styling cues.
"The Genesis Coupe is in the same segment, really, as the 3-Series coupe," Hyundai CEO John Krafcik told the news source. "One of the things we're thinking is: Should we do something that's a sedan version of that?"
Although only recently talked about, unidentified sources with knowledge of the automaker's plans told the news source that the car had been in development for some time now, dating back to 2006. Hyundai execs call the vehicle the "RK" internally.
Those interested in a used Hyundai or any other vehicle may want to seek out an online third-party provider of auto financing. These companies can allow drivers to negotiate with dealers using cash, which puts them in a stronger position when it comes time to talk about the price of a car.
Many automakers focused the bulk of their early marketing efforts this year around extensive Super Bowl campaigns, but Hyundai's budget brand Kia may have just scored a massive coup with a cameo during the NBA's All-Star Weekend.
The Kia Optima was one of the official sponsors of the event, but the model got some extra exposure when it was prominently featured in the finals of the Slam Dunk Contest. Going into the contest, Los Angeles Clippers star Blake Griffin was the odds-on favorite to win the title, as he's dazzled fans with some thunderous dunks on an almost nightly basis.
Griffin did not disappoint with his final dunk of the night. It required a bit of setup, but the Optima was driven out onto the hardwood for the spot. Griffin's teammate Baron Davis then got in the car with a ball. Then, a full chorus took center court and began belting out "I Believe I Can Fly."
It was at that point that Griffin jumped over the hood of the car, caught a pass from Davis in mid-air and slammed it home, cementing his victory in the competition.
Griffin may have won the event, but the Kia's role in the stunt was a marketing coup – as it will surely be featured again and again in countless highlight videos.
Drivers interested in a used Hyundai, Kia or any other vehicle may want to consider New Jersey State Auto Auction, which offers a wide range of vehicles at affordable prices.
Hyundai has been enjoying a wealth of success as of late, and the company is looking to continue that with three new updates to its existing lineup.
The South Korean automaker recently showed off some of the changes expected for the company throughout 2011 at the North American Dealers Association (NADA) convention in San Francisco.
Of the scheduled changes, the two-door Elantra coupe could likely be the closest thing to a brand-new model. This car will offer the same performance options and ergonomics as the standard Elantra sedan, but in a sleek two-door coupe shell.
According to the Automotive News, dealers were perhaps most enthusiastic about the redesigned Azera. Hyundai has given the car a stylish facelift for the 2012 model year, but performance-oriented consumers will likely be impressed by the new engine as well. The direct-injection V6 upgrades the horsepower to 260 while also improving on the existing model's fuel economy.
Finally, the Genesis R-Spec is a new high-end luxury trim level aimed at performance enthusiasts. Expected to retail for around $50,000, the R-Spec will reportedly offer 429 horsepower coupled with a new eight-speed automatic transmission.
Those interested in a new or used Hyundai may want to check out New Jersey State Auto Auction, which offers a wide selection of Hyundais and other models in a variety of styles.
The new Hyundai Sonata Hybrid features an EPA-rated 40 miles per gallon on the highway, which leads its class and beats out popular models like the Ford Fusion and Nissan Altima hybrids. So how did Hyundai's engineers pull it off?
CNET recently profiled the innovative powertrain lurking in every Hyundai Sonata Hybrid. Engineers were given a task to maximize the car's fuel economy, so they started by sculpting the body in order to make it as aerodynamic as possible, which reduces drag and slightly increases mpgs.
Hybrids are at their best when the electric motor is powering the car, but many of the strategies for achieving this are patented by the South Korean automaker's top rivals. So Hyundai invented the TMED, a transmission-mounted electrical device. The TMED features the motor and clutch in one package, allowing the car to use an automatic transmission without a torque converter. The system not only lets Hyundai to get the best gas mileage on the highway in its class, but also run up to 75 miles per hour on electric power alone.
Looking for an upgrade to your own mileage? Then it might be wise to trade your vehicle in for a new one, as technology has increased significantly in recent years, leading to drastically increased mileage ratings without a significant dip in power. Those interested may want to head to New Jersey State Auto Auction, which features a wide variety of vehicles available for well below Kelley Blue Book value.