Hey all, I'm new here. Was looking to get a type R, it's a great car. Saw the veloster N and was able to drive it twice actually. It's a fantastic little car, no one can argue that.
Here's my quick comparison vs type R. The way I saw it, the N only has two advantages:
-Veloster N sounds way better
-Veloster N customizability for drive settings is better
and...that's where the advantages end. Type R has many advantages including
-Type R has more room, and is more practical with 4 doors
-Type R is faster and handles better
-Interior is way better compare to the black hard plastic interior of veloster N
-shifter on veloster N is good, but type R is just the best
-more comfortable as a daily driver
So it's pretty clear that type R is the overall better car. I'm able to get a brand new veloster N with PP for $28000 out the door. 2019 Type R will cost me about 38000 out the door, and a 2020 is costing me 41,000 out the door. There is a $13,000 price difference vs 2020 type R and $10000 for 2019 type R. So it appears the veloster N is 13,000 less...but that's not the full story.
Depreciation on hyundai is HUGE, I decided to go to dealers to get trade in prices. For a 2019 veloster N with 15,000 miles I got a trade in value of $19000-2000 depending on a dealer I went to. For a 2019 Type R with 15,000 miles I'm getting a $32-34,000 trade in! That means over a year I lose about $10000 on veloster N vs just $5000 on the type R. This here is a big difference and you end up ahead financially getting the type R.
So now price cannot be a reason to get the Veloster N. What reason is there left to get the veloster N over the type R assuming you like the looks of both equally? If the type R didn't exist, veloster would be the way to go. If the depreciation wasn't that steep I'd still take the veloster N. But at this point I don't see how the veloster N can survive.
Here's my quick comparison vs type R. The way I saw it, the N only has two advantages:
-Veloster N sounds way better
-Veloster N customizability for drive settings is better
and...that's where the advantages end. Type R has many advantages including
-Type R has more room, and is more practical with 4 doors
-Type R is faster and handles better
-Interior is way better compare to the black hard plastic interior of veloster N
-shifter on veloster N is good, but type R is just the best
-more comfortable as a daily driver
So it's pretty clear that type R is the overall better car. I'm able to get a brand new veloster N with PP for $28000 out the door. 2019 Type R will cost me about 38000 out the door, and a 2020 is costing me 41,000 out the door. There is a $13,000 price difference vs 2020 type R and $10000 for 2019 type R. So it appears the veloster N is 13,000 less...but that's not the full story.
Depreciation on hyundai is HUGE, I decided to go to dealers to get trade in prices. For a 2019 veloster N with 15,000 miles I got a trade in value of $19000-2000 depending on a dealer I went to. For a 2019 Type R with 15,000 miles I'm getting a $32-34,000 trade in! That means over a year I lose about $10000 on veloster N vs just $5000 on the type R. This here is a big difference and you end up ahead financially getting the type R.
So now price cannot be a reason to get the Veloster N. What reason is there left to get the veloster N over the type R assuming you like the looks of both equally? If the type R didn't exist, veloster would be the way to go. If the depreciation wasn't that steep I'd still take the veloster N. But at this point I don't see how the veloster N can survive.