Your financial analysis is really only valid if you are going to resell it in a given period. Many of us love our VN's and are planning to keep them much longer. It's like all the money you may have lost on your investments as of late, it's only on paper until you sell. That said I test drove the CTR for 48 hours via Turo and thought it was an amazing car. A good bit better as a high-performance FWD sports car than the VN. But, not really any more fun to drive. AND, I found the VN to be a more livable daily driver for a number of reasons. For one it is a good bit SMALLER. The CTR has a much bigger outer body, for some of us that is a big negative. Another thing I could not get over was the loud engine drone in the cabin which due to the lack of settings you could not get rid of, and I had serious trouble conversing with people over Bluetooth in the CTR because of it. The CTR is a high performance scalpel for a FWD Hatch, no doubt about it. The crispy shifter, heavier clutch and incredible handling is all there, but you know what? Every time I would finish a drive in it I was quite a bit more "spent" if you will, kind of worn out from that performance and sound. With the VN, you get all the fun factor, plenty of performance without the daily driving exhaustion.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.