Mar 26

Rollback puts 1995 price on Accent!

Tag: Consumers, Hyundai — Robert Lamb @ 1:11 pm

  Hyundai Motor Company drops price of Accent to $9995 CDN! 

It  is matching the US Price! $10775 less rebate $775.

  • A change in the way car buyers are shopping amid a higher Canadian dollar was also a factor. Instead of calculating monthly payments and finance rates, many buyers have switched their focus to list prices, comparing them to what is available in the United States, Mr. Vernile said.

  • “We thought that, ‘You know what? If consumers are out there shopping on price, let’s give them a price that will be very, very motivating to them,’ ” Mr. Vernile said. “We just knew that, my goodness, if you can offer a car under ten grand in this day and age, that we would have a home run success.”

  • Canada’s subcompact car segment, which includes the Toyota Yaris, Nissan Versa, Honda Fit and Chevrolet Aveo, surged past 120,000 units last year for the first time, an increase of 17% from the year before. Of the topfive sellers, the Accent was the only car to post lower year-over-year volumes, dropping 7.8%, according to DesRosiers Automotive Consultants.

see full article : 2008-03-25natioanlpost1.pdf

Bookmark and Share

5 Responses to “Rollback puts 1995 price on Accent!”

  1. donnyo says:
    March 26th, 2008 at 2:20 pm

    This is absolutely fantastic news! Sadly, I purchased my Accent used last summer and paid more. Oh well!

  2. Cy says:
    March 26th, 2008 at 3:14 pm

    Great news fron Hundai. They have improved their vehicles impressively in the past couple of years.

    More power to them, I would buy their vehicles in Canada.

  3. Helder says:
    March 26th, 2008 at 3:14 pm

    Is this a MSRP reduction, or an incentive. I went to the Hyundai website
    and I see the incentive cash price, but the MSRP is still listed at
    $13,595.

  4. Tenor says:
    March 26th, 2008 at 3:41 pm

    Pending Lawsuit Against Automobile Manufacturers:

    Mr MacDonald (Victoria BC Importer) stated that he hoped that our government, meaning Transport Canada, would step in and to stop these unfair practices.

    Transport Canada and RIV condone these actions and are a large part of the problem at present.

    Glen Ringdal (New Car Dealers Association) is also a stranger to the truth
    as we know from his interview.

    Mr Cannon may have shot his last tound.

    The correspondence among all parties concerned should be informative when subpoenaed by the court.

    Could it be time to Kash in?

    To TC and RIV:

    Is it time again to get out the shredders?

    They cannot hide everything. Their own employees will reveal all.

    I wonder if Jim Kenzie would like to do another story on the subject or is
    he still in hiding.

    In the famous words of Sir Walter Scott:

    “Oh!, what a tangled web we weave when first we practise to deceive”.

    Veritas Vos Liberabit.

    Ps: Did I miss anyone?

  5. csurfer says:
    March 27th, 2008 at 11:42 am

    Way to go Hyundai! Let the flood gates open.