So…About That Sub-$20k Hyundai Veloster Turbo. It's Not Happening.

Derek Kreindler
by Derek Kreindler

Yesterday, I learned a very valuable lesson in Journalism 101, having published erroneous information before having it confirmed.

Inside Line initially reported that the Hyundai Veloster Turbo would carry a $1600 premium over the base car. That story doesn’t exist anymore. No correction was issued either.

A quick call to John Krafcik revealed that while the Veloster Turbo powerplant adds another $1600 to the cost of the car, the Turbo itself will have more equipment than the base Veloster. Krafcik told me that the Veloster Turbo will be priced north of $20,000, but we’ll have to wait another 24 hours for pricing.

Derek Kreindler
Derek Kreindler

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  • Mtymsi Mtymsi on Jun 05, 2012

    I was actually thinkin bout gettin one. Then, on metro Detroit TV, Ford starts advertising a 2012 Focus SEL brains fully blown out. Including the reverse camera w/ blindspot mirrors & backwards sensing, leather, moonroof, Sony audio system, dual auto climate control, rain sensing wipers, I actually forget all of the add ons for $167/mo-24 mos lease. So I took my 2010 Mustang GT and receive $21K on trade for a vehicle I only paid $23.8 for two and a half years ago. Best depreciation I've ever seen. My Mustang GT had 4983 miles (not a typo). What I didn't like about it was the clutch engagement (very difficult to match revs) and the long throw. Not to be confused with the current model but must say took a 2012 out with auto for GF (who drove) and could not tell the difference in forward thrust. Seems to me 315hp vs. 425hp should have made at least a noticeable difference. Saw Veloster for the first time at local Costco and thought it was a very intriguing small car, read numerous reviews and everyone commented on lack of torque so I'm guessing the Turbo version addresses that issue. To anyone thinking about a Veloster I would say check it out. Neat little car. IMO from the pictures I've seen Hyundai screwed up the original styling for the Turbo model. And yes, I'm enjoying my 2012 Fusion (had 07 Fusion SE Sport Pkg before Mustang). For $167/mo-24 mos, $233 in my case because I opted to pay more for a 36 mos lease thinking I could not replace the vehicle with another that had similar amenities for the same payment. The marketplace for me was all of a sudden different. And I'll admit I'm the first to take advantage of sub $200/mo lease payments w/ zero down. The Mustang was leased through US Bank and the rotten bastards charged the the dealership $1,200 more to buy the car than my cost to buy it. Based on this experience I would suggest one not do business with US Bank. In essence, US Bank profited from my mileage on the Mustang instead of myself. In any case, if you're half thinking about a Veloster make sure you experience one. It's worth the effort. Jack, I raised a Ketel One in the Queens honor as she rode back to Buckingham Palace in the late 1800's Brougham coach today!! Now if I could just find the TTAC thread about which current vehicle should be called a Brougham..................

  • Dwight Dwight on Jun 05, 2012

    Turbo Veloster north of 20 grand or south of 20 grand. It can stay on the lot. Interesting car to look at, but for some reason I have no desire to drive it. Hyundai=hype.

  • El scotto El scotto on Jun 05, 2012

    Derek, you made a a mistake and manned up. Well played sir.

  • TonyJZX TonyJZX on Jun 05, 2012

    where i am the problem is it makes it spitting distance to the FT86/BRZ also Velosters seem to be bought by older folk who want to 'seem younger' so in that light, the turbo won't be popular

    • Kvndoom Kvndoom on Jun 06, 2012

      The turbo will likely draw in 20-somethings who want cheap speed. The GTI can get real expensive real quick, and I'm not sure the Mazdaspeed3 is going to be made for 2013 since M is switching to Skyactive across the board soon.