Why are korean brands cheaper than the rest? - Metropolis.

Specifically in the used market. They are seemingly reliable, most have decent spec. So why don't they hold resale value in the same way that a (Insert Japanese brand here) does?

Is it just a mindset that Koreans can't build cars, in the same way as we used to view the Japanese?

Why are korean brands cheaper than the rest? - Metropolis.

I get that they aren't all that desirable in peoples minds, but then desirability is rarely a pre-requisite for holding off depreciation. See Land Rover, or Mercedes for example. Reputation for becoming money-pits cripples their resale value. So why do Korean brands not benefit from the reverse? Or are they awful in some other way?

Why are korean brands cheaper than the rest? - gordonbennet

Things are changing now that Hyundai and Kia in particular have suddenly gained the right image, its their older designs which can be picked up cheaply.

Also they failed to provide what many of us wanted in previous models, namely a decent sized estate, Magentis and Sonata would have made superb estates and would have picked up so many sales from disappointed estate car buyers who unless they went for a big Merc often ended up with a slightly extended coupe style hatchback from mainstream makers.

Some Brit people are very fickle about image and badges, i'm not sure that us older ones are to the same degree, but the now 30 somethings brought up on Nike and Gameboys wouldn't have a car that didn't say the right things about them.

Why are korean brands cheaper than the rest? - NARU

Until the turn of the century, Kia and Hyundai were selling cheap, boring cars.

Since about 1998, they've had a huge drive for quality. That obviously took a while to start coming through.

In 2006, amid criticism from reviewers that their vehicles looked “weird” and worse, Hyundai poached Peter Schreyer, an Audi designer who had gained renown for his role in the Audi TT. Under his guidance, Kia and Hyundai started to have a sense of style as well as substance - cars like the Kia Soul came out, and the cars have started to go upmarket.

Hyundai have hired Luc Donckerwolke, another Audi designer, to succeed Schreyer, when he retires - so they are thinking ahead.

They even came top in a JD power survey recently. www.bbc.co.uk/news/business-36603772

As a long-term Toyota owner, who is also responsible for quality at work, I've been following Hyundai and Kia for a few years - they've been very open about their strategy. And this summer, I took the plunge, and bought a Sorento. I've done about 4,000 miles in it so far, and am highly impressed.

I suspect their 'old design' cars will continue to sell cheaply secondhand, but the newer designs could do fairly well, as people start to see the quality coming through.

I'm less impressed with the UK dealer network - the skills and attitudes still need a lot of work if they are to match the quality of the cars.

Why are korean brands cheaper than the rest? - daveyjp

We had an i20 - 12 reg - for 6 months. It was cheap, but for good reason - it had very few redeeming features and was definately made for a price point which meant important areas suffered.

Why are korean brands cheaper than the rest? - gordonbennet

I think the change in quality, as mentioned by Marlow, started with Ceed.

Where i worked we ferried hundreds of the things to rental offices, presumably to get them out there, straight away from being underneath them you could see this was a car meant to last, impressive stuff, all cabling and pipes going from front to rear housed in a decent quality trunking, all joints sealed, no gaping holes around to allow water/salt ingress and evidence of waxoil type stuff in exposed or water trap spots as you might have found in VW's of the 80's and 90's.

It would be interesting to go under a few 100 miler early examples and see how they are ageing, i suspect very well.

Why are korean brands cheaper than the rest? - davecooper

A lot different in States and Canada. Apart from the home growns of Ford and GM, Japan and Korea seem to rule the road. They seem to have a diifferent mentality which puts reliabilty and value for money above image. This also extends to 4x4's. A Canadian cousin of mine has three cars in the family, not one of them a 4x4. He says that a decent set of winter tyres is all you need, and that is for a Canadian winter!

Why are korean brands cheaper than the rest? - davecooper

(Duplicate post)

Edited by Avant on 06/09/2016 at 23:22

Why are korean brands cheaper than the rest? - skidpan

When we bought our Ceed SW in 2010 it was about £3000 less than a similarly specced Focus Estate but due to Fords generous discounts the ££££'s to change was virtually the same after PX.

After 5 years we needed to move it on, we were not using it since being gifted dads old Micra which was perfect for the wifes running about, the Ceed with DPF was not. So to confirm what I should be asking I popped in to see the salesman I bought it from at the Kia dealer, its only 1/2 a mile from home and asked if he would look in his little book (its computerised now of course). The price he suggested was spot on what I expected to start at then settle for a few hundred less but I was stunned when he offered to buy it back for about £100 less than my bottom line. No advertising, no tyre kicking idiots, took his offer. Delivered car to him the next day and monies were transferred by BACS.

Obviously they have confidence in the product and our car went to the MD's niece, they knew its history and it still had 2 years warranty. Looking online we got more for it than the Focus would have raised so well happy.

Would buy another Kia tomorrow if they currently did the right car/engine/transmission combination, unfortunately they don't.

Why are korean brands cheaper than the rest? - RT

Hyundai/Kia have been continuously improving for decades, a process that's continuing with the use of Genesis models aimed at matching M-B quality - but it equally public perception lags behind their real quality.

I recently sold a nearly 5-year old Santa Fe for 50% of it's new price, albeit discounted - only premium brands can do that at 3 years old, none at 5.

Why are korean brands cheaper than the rest? - NARU

We had an i20 - 12 reg - for 6 months. It was cheap, but for good reason - it had very few redeeming features and was definately made for a price point which meant important areas suffered.

They are trying to span a big gap between the little basic cars and the SPortage/Sorento.

It might be time to differentiate the brands a little more, so one concentrates on the more basic models and the other more upmarket. Or one more sedate and the other more 'sporty' - A little like VW have done with VW/Audi/Skoda/Seat.

Why are korean brands cheaper than the rest? - RT

We had an i20 - 12 reg - for 6 months. It was cheap, but for good reason - it had very few redeeming features and was definately made for a price point which meant important areas suffered.

They are trying to span a big gap between the little basic cars and the SPortage/Sorento.

It might be time to differentiate the brands a little more, so one concentrates on the more basic models and the other more upmarket. Or one more sedate and the other more 'sporty' - A little like VW have done with VW/Audi/Skoda/Seat.

The Seat/Skoda/VW brands are getting full ranges of models - from small, basic models to large SUVs - so "following" Hyundai and Hyundai are slowly introducing the Genesis sub-brand to become their premium brand eventually.

Why are korean brands cheaper than the rest? - Metropolis.

The Genesis is a seriously smart looking vehicle with a lovely v6 (pity we won't get the Tau V8). I think Genesis range focuses much more on comfort instead of the jarring ride of most luxury competitors, although the suspension setup might be stiffer for British tastes vs the USA. Going to be a terrific used buy in years to come!