Kona 2020 price increase?

goob20s

Has the Kona gone up in price? Anyone know why, is there any change in the 2020 models or is just because they can?

zoom_cool

goob20s wrote: »

Has the Kona gone up in price? Anyone know why, is there any change in the 2020 models or is just because they can?

I think it has 3 phase AC charging now.

goob20s

zoom_cool wrote: »

I think it has 3 phase AC charging now.

Ah okay, sounds like an expensive change alright.

unkel

RRP is €38,630 on Hyundai.ie

Is that worse than it was before?

Lantus

Cars rarely go down in price year on year. Inflation is still positive. Electric is no exception.

colm_mcm

Lantus wrote: »

Cars rarely go down in price year on year. Inflation is still positive. Electric is no exception.

Yeah but the price was bonkers to start with.

unkel

colm_mcm wrote: »

Yeah but the price was bonkers to start with.

Yet is was the best selling EV in Ireland last year (with the Nissan Leaf)

Ergo the price was just right. And Hyundai made a large profit on it. We live in a capitalist world! I agree it was poor value for money, but if people are willing to pay it, it was not over priced (but yeah it was bonkers!)

Could be worse. In the USA, the shortage of EVs is so urgent that Hyundai has been getting away with charging full RRP + USD3000 for Ioniq and full RRP + USD5000 for Kona :eek:

bonoman66

unkel wrote: »

RRP is €38,630 on Hyundai.ie

Is that worse than it was before?

When it initially came out in 2018- the Hyundai Ireland Web Page listed it (in Oct 2018) as available from €35,995.


Then about a month after I bought mine, there was a price increase in the UK, which Ireland also followed (as you'd expect :-))

Can't remember exactly but it was circa €2K-3K (or in that ballpark with no spec increase - just market readjustment & additional profiteering when they saw the demand at the original price - IMHO only).

For First Half 2020 in Ireland there are actually 2 specs of Hyundai Kona Electric.

They are:

The Hyundai Kona EV (now listed with RRP of€38,630 which should include Metallic Paint, €39,230 with both Metallic Paint & 2 Tone Roof, but listed at €40,068 in some dealers with ambiguity whether it includes Metallic Paint & 2 Tone Roof option - so extra profiteering going on again for 2020)

That one is the same as the 2018-2019 model - just costs more yet again for 2020.

The other is the Kona EV Premium. (listed at €40,630 which includes Metallic Paint, listed at €41,230 which includes Metallic Paint & 2 Tone Roof option but listed at €42,357 in some dealers, with ambiguity whether or not it includes Metallic Paint or the 2 Tone Roof Colour Options).


This 'new spec Premium Version' has the following 4 enhancements..

Onboard charging speed increased from 7kW to 11kW

MultiMedia Head Unit increased from 7" to 10.25" and now including in-built Navigation

On-board Emergency Services Calling in event of accident

8 Speaker Krell Audio System


Still no mention of any Bluelink App Functionality Yet - so be wary.

I'd guess if that does come, it wil not be until sometime later maybe 2nd half 2020 - just guesstimate etc..


Hope that helps

liamog

Between €1,000 and €1,500 is about standard for Hyundai delivery fees. So those advertised prices look about right. I believe its something to do with VRT being charged on RRP instead of the actual retail price.

unkel

VRT is actually charged on the OMSP. Which is provided by the distributor and set at their discretion, as long as it's within reason. Usually for most brands it's at about 92% of RRP (to allow for discounts)

If this 92% is true for Hyundai, then the VRT on the Kona is 92% * RRP (€38,630) * 14% VRT - €5000

Or a massive €75 VRT bill

Kramer

bonoman66 wrote: »

The other is the Kona EV Premium..... listed at €42,357 in some dealers,

Not including the €10,000 taxpayer funded subsidy.
Just imagine, people who can't afford new cars while stuck in pre '08s (punitive motor tax) are subsidising Hyundai/Kia/Nissan/Tesla etc. to the tune of €10,000 for each sale.

€52,357 for a tiny economy car which is/was available, in petrol form, for €20,000 (Hyundai offer/offered scrappage on the petrol) with no subvention.

Crazy, crazy stuff :rolleyes:.

KCross

Lantus wrote: »

Cars rarely go down in price year on year. Inflation is still positive. Electric is no exception.

colm_mcm wrote: »

Yeah but the price was bonkers to start with.

Kramer wrote: »

Not including the €10,000 taxpayer funded subsidy.

€52,357 for a tiny economy car which is/was available, in petrol form, for €20,000 (Hyundai offer/offered scrappage on the petrol) with no subvention.

Crazy, crazy stuff :rolleyes:.

We all seem to consider the pricing mad but imo these prices are here to stay. Its a commercial reality for the OEM's to stay profitable and to keep the ICE sales going for as long as possible.

There is talk of price parity between ICE and EV around 2025 but thats on a TCO basis not on a sticker price basis and the grants need to be removed yet, further holding up the prices.

Get used to the prices, they aint dropping like a stone anytime soon.

What might happen are increases in ICE prices and/or occasional scrappage schemes from the OEM's when they need to hit end of year targets to avoid emissions fines, but they will still be expensive relative to ICE for a good few years yet.

ELM327

The mooted tesla model 2 will likely bring parity between EV and ICE cars

colm_mcm

So a €15k (not including rebate on electric and actual VRT included in the petrol car price) difference for an EV that’s USP is that it actually has decent range is the expected norm?

ELM327

colm_mcm wrote: »

So a €15k (not including rebate on electric and actual VRT included in the petrol car price) difference for an EV that’s USP is that it actually has decent range is the expected norm?

No, and nor should it be.
If you look at EVs from non OEMs (ie Tesla) you see that prices are coming down massively in the past few years.


What we are seeing from the OEMs is price gouging, plain and simple

colm_mcm

Anyone have a GMFV on an electric Kona on PCP

Lantus

KCross wrote: »

We all seem to consider the pricing mad but imo these prices are here to stay. Its a commercial reality for the OEM's to stay profitable and to keep the ICE sales going for as long as possible.

There is talk of price parity between ICE and EV around 2025 but thats on a TCO basis not on a sticker price basis and the grants need to be removed yet, further holding up the prices.

Get used to the prices, they aint dropping like a stone anytime soon.

What might happen are increases in ICE prices and/or occasional scrappage schemes from the OEM's when they need to hit end of year targets to avoid emissions fines, but they will still be expensive relative to ICE for a good few years yet.

Is Subsidising a private company with taxpayers money a commercial reality or an abomination? It's the break down of a market when this happens. And free money for the company.

No other new car or product which may sell in smaller quantities to begin with gets subsidised.

ELM327

Lantus wrote: »

Is Subsidising a private company with taxpayers money a commercial reality or an abomination? It's the break down of a market when this happens. And free money for the company.

No other new car or product which may sell in smaller quantities to begin with gets subsidised.

Abomination, I agree

slave1

Lantus wrote: »

Is Subsidising a private company with taxpayers money a commercial reality or an abomination? It's the break down of a market when this happens. And free money for the company.

No other new car or product which may sell in smaller quantities to begin with gets subsidised.

Is it about subsidies or moving forward to a healthier environment, are you going to ditch all the SEAI grants because the end up benefitting commercial entities?
What about employment assistance, fuel vouchers, phone benefit etc etc

Anything that encourages the uptake of EVs over diesel/petrol is an investment that will pay off, maybe not financially but surely in quality of life

colm_mcm

I have nothing to back this up, but am of the opinion that a lot of these are company cars for people who didn’t have a company car before because they didn’t want to pay BIK due to their small business mileage.

The benefit of the government throwing money at EVs is dubious at best considering the pollution caused by the likes of stoves vs storage heating.

ewj1978

colm_mcm wrote: »

Anyone have a GMFV on an electric Kona on PCP

Its similarly priced to an esoul and the GMFV on that was 15k.

innrain

unkel wrote: »

VRT is actually charged on the OMSP. Which is provided by the distributor and set at their discretion, as long as it's within reason. Usually for most brands it's at about 92% of RRP (to allow for discounts)

If this 92% is true for Hyundai, then the VRT on the Kona is 92% * RRP (€38,630) * 14% VRT - €5000

Or a massive €75 VRT bill

On my invoice VRT is €1098 as 38k is the price after grants.

Lantus

slave1 wrote: »

Is it about subsidies or moving forward to a healthier environment, are you going to ditch all the SEAI grants because the end up benefitting commercial entities?
What about employment assistance, fuel vouchers, phone benefit etc etc

Anything that encourages the uptake of EVs over diesel/petrol is an investment that will pay off, maybe not financially but surely in quality of life

It's more likely the car industry painted a picture of extreme costs but with government grants they would work tirelessly to help deliver cars.

Expensive cars means slow adoption rate and good returns through grants.