Extra 2yr Warranty for Select Models (up from 5yrs) @ Hyundai

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The seven-year warranty is in addition to the current drive-away offers on most models in the range including the Hyundai i30 hatch and Elantra sedan, plus the Kona, Tucson and Santa Fe SUVs. The iLoad van gets seven-year warranty but the mechanically identical iMax people mover does not.

According to the dealer bulletin the Veloster sports car and Venue city SUV are not included, however a Hyundai Australia representative has since contacted CarAdvice to confirm these two vehicles are part of the extended warranty offer.

As reported earlier, however, Ioniq models and the electric version of the Kona not included in the seven-year warranty campaign.

The seven-year warranty is not applicable to any corporate, government or rental sales … or used cars that are not (demonstrators).

if a customer orders a new Hyundai between now and 31 December 2019 – but the vehicle is not delivered until 2020 – the seven-year warranty offer does not apply.

via Car Advice

Related Stores

hyundai.com.au
hyundai.com.au

Comments

  • +13 votes

    Thanks I was just about to go out and sign up on a BMW M760i today but this has definitely changed my mind.

    •  

      Not a Bentley?

      Well, you can go for a Ferrari, including service plan in there pricing. Not sure why no deal has been posted on it yet.

      • +2 votes

        Nah my Bentley runs worse than the silver shadow piece of junk I bought last year just kicking around in the old Learjet shed out back.
        Missus recons she does better burnouts in the golf buggy than this homeless guys Ferrari we let stay here.

  •  

    i wonder if this is in response to kia's 7 years warrenty

  • +1 vote

    Does not apply to novated leases either, which is a shame

    • +3 votes

      I’ve gone over the numbers a few times and notated leases never seem to make much sense unless you drive >25k km per year.

      •  

        Can you explain why? I'm currently looking into a novated lease for a family car which is unlikely to be driven more than 25k per year.

        • +1 vote
          1. Pricing not always the best
          2. FBT on the vehicle
          3. Financing - never a great idea for everyday joe blow
          4. Middle person taking a cut

          It doesn't make much sense.

            •  

              @BewareOfThe Dog: Try doing the maths and see if it works out.

              In multiple hypothetical scenarios that I've tried, none that would have made sense (financially cheaper) to take out a novated lease. Those were calculated on 45% tax bracket.

              Logically speaking… if the "middle person cut" can sustain a business (pure motive is to make $ - including listed novated lease provider ASX:MMS)… the end user is unlikely getting the best deal.

        •  

          Quotes and pricing varies by novated lease provider.
          We inquired for novated leasing and while not exactly transparent about the costs there were two major contributing factors with SG Fleet.
          They add packages to the car e.g. tinting and seat protection. These packages increase the 'value' of the car they lease to you, even if it is a second hand one you've sourced yourself. The work completed may cost $500, but increases the value of the car by over double that amount.
          On top of this, the finance rate worked out around 18%.
          In our instance we would have lost about $500 over a three year period. If both of these practices weren't excessive, we'd benefit by approx. 7k over a three year period assuming 6.5% interest rate and 4% mortgage rate. The novated lease company would still make a margin on interest, fees, commissions for insurance, and commission on fuel etc.
          Interest is also charged on expenses such as fuel, insurance, tyres, tax, and servicing. In an ideal world you'd pay for many of these expenses on your credit card and benefit with points and zero interest, but some novated lease companies refuse to let you cover these costs yourself and factor them in with the original quote for financing.

    • +1 vote

      It excludes govt, fleet and rental buyers. No effect on novated leases. You buy privately from the dealer and novated lease financier pays at settlement - no problem.

      I do 1 or 2 year novated leases as the depreciation allowance makes novated leasing attractive even if you do low kilometres. Just be aware of hidden charges and upsell they will try to do on things like scratch protection etc.

  • +4 votes

    Even at 5 years I'd still pick a Hyundai over a Kia. They offer lifetime capped servicing, prepaid servicing and up to 10 years of map updates and roadside assistance. Servicing costs across the first 7 service intervals for an i30 ($1995) is significantly cheaper than a Cerato ($2869)

    • +4 votes

      Oh wow!
      The business model seems similar to shaving razors and old inkjet printers, where the unit purchase price is competitive, but they get you on the ongoing costs!

      The Kia servicing cost over the 7 intervals is >10% of the car… but then again, the difference between the Hyundai and Kia servicing cost is not as large.

      • +1 vote

        I paid $16.5k for my Kia Rio. Servicing from memory is $2.1k over the 7 years. So I could look at it like I paid $18.6k for a car and 7 years servicing. I don't know if there is another car on the market of its size and quality that competes.

  • +13 votes

    This is a PSA.. Not actually a deal..

  • +1 vote

    I am pretty sure this 'Deal' will just become their standard warranty period from next year.. Hyundai's 5 year warranty used to be one of their points of difference.. but now most of the industry has moved there they need will need to go to 7 permanently..

    • +1 vote

      My Hyundai came with a 7 year warranty in 2014, so this already seems standard to me.

      •  

        Friends of mine had 7yr warranty on their Hyundai too. It was conditional on it being dealer serviced though

  • +6 votes

    Delivery kills this deal

  • +2 votes

    Doesn't cover EV. Doesn't surprise me despite paying extra than non-EV.

  •  

    car sales numbers down? .. im interested in buying a seltos so gonna have a look at it when its available.

  • +6 votes

    Anyone who buys a new car should hand in their ozbargin badge.

    • +2 votes

      (their copy of barefoot investor)

    • +7 votes

      Someone has to buy them new?

      Where do you buy your cars from?

    • +4 votes

      I bought my previous car new and kept it 11 years until it had its first major repair and wasn't economical to do. I hope to keep my current car from new for a decade as well (4 years so far, all good).

      Buying new and flipping a car every few years is burning money, but keeping them a long time can be fine.

    • +4 votes

      Not so sure. A used car with unknown history can be very expensive. Not to mention the hassle of someone else's problems that they didn't tell you about. Factor in the cost of time (time to check out a whole lot of used cars, getting expert opinions, taking used cars for repairs), and you might not be ahead buying used. All depends of course on your luck with buying a used car.

    • +2 votes

      Teach me SiFu…. How should an OzB buy car?

      (Serious question… my CX9 was bought new 9 years ago).

  • +2 votes

    My i30 has had a whiny clutch since about 8,000km when warm - happens when clutch about to engage. Each time I took it in for a service, they said they couldn't reproduce it. I'd tell them "please try it now while the engine is still warm". When I picked it up they'd say "we couldn't reproduce it". I'd ask "Did you try when the engine was warm?" "No.".
    This went on till the 5 year warranty finished.

    So yeah, warranty is only as useful as the place servicing it.

    • +1 vote

      Next time try arguing a rubber hose that connects to the coolant.

      Once a dealer told me that it is consumable and not covered under warranty despite it's only the 30th month, with 27kkm on the car (fair call if it's a few more years on the car)… abit of a joke some times…

  •  

    What's the catch on the deal?
    Kia 7-years warranty allows you to service on 3rd party mechanics, as long as it follows scheduled service.

    Not sure if Hyundai allows that kind of service.
    I found their capped price service is still more expensive than my local mechanic

    •  

      For a true Warranty against manufacturing faults, they cannot dictate where you get your car serviced as long as the service is done as per the log book. However extended warranties can be sold as an insurance policy in which case it is acceptable to make it dependent on service at a particular dealer.

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