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Hyundai opens contracts for all-new Tucson from 31.4 million won

🇰🇷 South Korea, Seoul 13:34 Autos Business7 Tech2 Official updated 54 min ago first reported by 한국경제

In short

Hyundai Motor announced prices and main specifications of the fifth-generation Tucson on 21 October and began taking contracts. The gasoline model starts at 31.4 million won and the hybrid at 36.15 million won with the tax benefit applied. Outlets debated whether the roughly 3 million won rise in the entry price is justified by the added standard features.

Read the full story 2 min read

Hyundai Motor announced the prices and main specifications of the fifth-generation 'The all-new Tucson' on 21 October and began taking contracts the same day. The compact SUV is a full redesign coming after six years. Gasoline prices start at 31.4 million won and hybrid prices at 36.15 million won, with the hybrid figure applying the tax benefit. Chosun Ilbo gave hybrid prices before the tax benefit that are 1 million won higher in each trim. [ 1 , 3 , 4 , 5 , 7 , 12 ]

The model comes with a 1.6 turbo gasoline or 1.6 turbo hybrid powertrain in four trims: H-Pick, Exclusive, Inspiration and XRT, which targets outdoor use. Gasoline prices are 31.4 million won for H-Pick, 35.3 million for Exclusive, 36.8 million for XRT and 37.9 million for Inspiration. Hybrid prices are 36.15 million, 39.9 million, 41.65 million and 42.7 million won in the same order. [ 1 , 2 , 4 , 7 ]

Length is up 60 mm, width 40 mm and wheelbase 30 mm. The rear door opening angle widens from 73 to 83 degrees and trunk capacity is 645 litres. The share of ultra-high-strength steel rises to 58%. The gasoline model gives 193 PS and 27.0 kgf·m, with an 8-speed automatic replacing the 7-speed dual-clutch transmission. The hybrid's system output is 245 PS, 10 PS higher, and combined economy is 17.4 km/L, 1.2 km/L better, measured with 17-inch wheels and two-wheel drive. [ 1 , 2 , 4 , 5 , 7 ]

Standard equipment starting from H-Pick includes Pleos Connect with an app market, nine airbags including a front-row centre side airbag, pedal misapplication assist, highway driving assist and a surround view monitor. 'Door unlock power redundancy', which supports unlocking the door if the main power is cut, is a first for Hyundai. [ 1 , 3 , 4 , 5 , 6 ]

Outlets differed on the price change. Bloter and Dong-A Ilbo said the entry price rose 2.96 million won for gasoline and 2.97 million won for the hybrid because the old Modern trim was dropped, and Bloter said options such as ventilated seats or the 17-inch screen cost extra on H-Pick. Dong-A Ilbo said the new H-Pick is 610,000 won cheaper than the old gasoline H-Pick, while Bloter and Dong-A Ilbo gave different figures for the old hybrid H-Pick. Hyundai said the high-demand trims rose only modestly. [ 6 , 8 , 10 ]

Hyundai is running a draw among October contract customers for department store vouchers, a MacBook and fuel vouchers, plus an advertising campaign titled 'The Empowered, TUCSON'. Yonhap said Hyundai expects the Tucson, first launched in 2004, to pass 11 million cumulative global sales by the end of the year. Newsis said the new model is expected to compete with the Kia Sportage. [ 2 , 3 , 4 , 5 ]

Why it matters

The Tucson is Hyundai's compact SUV, and Korean outlets focused on how far the higher entry price will be accepted by buyers. Chosun Ilbo linked it to a pattern of Hyundai raising average prices on newer models while adding standard equipment.

Key facts

  • Hyundai Motor opened contracts on 21 October for the fifth-generation 'The all-new Tucson', a full redesign coming six years after the previous one. [ 1 , 4 , 5 , 7 , 12 ]
  • The 1.6 turbo gasoline model starts at 31.4 million won and the 1.6 turbo hybrid at 36.15 million won, a hybrid price that applies the tax benefit. [ 1 , 5 , 7 , 11 , 12 ]
  • Four trims are offered: H-Pick, Exclusive, Inspiration and the outdoor-oriented XRT. [ 1 , 2 , 5 , 7 ]
  • Length is up 60 mm, width 40 mm and wheelbase 30 mm, and trunk capacity is 645 litres. [ 1 , 2 , 4 , 5 , 7 ]
  • The gasoline model produces 193 PS and 27.0 kgf·m with an 8-speed automatic replacing a 7-speed dual-clutch; the hybrid has 245 PS system output and 17.4 km/L combined economy. [ 1 , 4 , 5 , 7 ]
  • 'Door unlock power redundancy' is standard and is a first for Hyundai, along with nine airbags and the Pleos Connect infotainment system. [ 3 , 4 , 5 , 6 ]

Confirmed by several sources

  • Hyundai announced the prices and main specifications of the all-new Tucson and began contracts on 21 October. [ 1 , 2 , 3 , 4 , 5 , 7 , 11 , 12 ]
  • Starting prices are 31.4 million won for gasoline and 36.15 million won for the hybrid, with the tax benefit applied to the hybrid price. [ 1 , 5 , 7 , 11 , 12 ]
  • Gasoline prices by trim are H-Pick 31.4 million won, Exclusive 35.3 million, XRT 36.8 million and Inspiration 37.9 million won. [ 1 , 3 , 4 , 7 , 8 ]
  • Hybrid prices by trim are H-Pick 36.15 million won, Exclusive 39.9 million, XRT 41.65 million and Inspiration 42.7 million won. [ 1 , 4 , 7 , 8 ]
  • The entry price rose by about 3 million won because the former base Modern trim was dropped and H-Pick became the base trim. [ 6 , 8 , 10 ]
  • Hyundai said it set the H-Pick price at a level similar to the previous Tucson's main trim. [ 3 , 5 , 6 ]

Still unclear

  • Whether the new Tucson is much more expensive than the old one. Bloter and Dong-A Ilbo put the entry price rise at 2.96 million won (gasoline) and 2.97 million won (hybrid) against the dropped Modern trim, while Dong-A Ilbo said the new H-Pick is cheaper than the old H-Pick and Hyundai said the rise on its main trim is small.
  • The price of the previous hybrid H-Pick. Bloter gave 36.49 million won, which would make the new one 340,000 won cheaper; Dong-A Ilbo gave 38.49 million won and a 2.34 million won difference.
  • The full-option price of the top trim. Chosun Ilbo said the hybrid Inspiration with all options costs 50.15 million won before the tax benefit, Korea Economic Daily said the Inspiration with all options is 49.95 million won and does not exceed 50 million, and Dong-A Ilbo said it reaches around 50 million won.
  • Which displays come as standard. Several outlets said all trims have a 17-inch or 12.9-inch Pleos Connect display, while Bloter said the 17-inch screen is standard only on Inspiration and cannot be chosen on H-Pick.
  • How the Tucson will fare against rivals. Newsis said it is expected to compete with the Kia Sportage; no document gives sales or order figures.

What local media are saying

Business mediaBusiness outlets reported the launch, prices and specifications from Hyundai's announcement, and several added analysis of the roughly 3 million won rise in entry price. Dong-A Ilbo described mixed reactions and compared the price with Tesla, BYD, Renault Korea and Toyota models, while Chosun Ilbo placed it in Hyundai's trend of raising prices on newer models. [ 2 , 3 , 6 , 7 , 9 , 10 , 12 , 13 , 14 ]
Technology mediaZDNet Korea covered specifications, safety features and the launch campaign. Bloter examined what the base trim includes and excludes, noting that the entry price is about 3 million won higher and that some comfort features and the 17-inch screen need extra cost. [ 4 , 8 ]
Official sourcesYonhap reported the prices, trims and key specifications, stating that Hyundai set the base trim price near the previous main trim and expects 11 million cumulative global sales by the end of the year. [ 5 ]

Timeline, local time

  1. Asia Economy reported the Tucson's prices and specifications and the start of contracts on 21 October. [ 1 ]
  2. Yonhap reported that Hyundai had opened contracts at 31.4 million won for gasoline and 36.15 million won for the hybrid. [ 5 ]
  3. Bloter reported that the starting price is about 3 million won above the previous generation's. [ 8 ]
  4. Dong-A Ilbo reported mixed reactions to the prices, with some consumers citing a heavier purchase burden. [ 10 ]
  5. Korea Economic Daily reported the launch and said the top Inspiration with all options is 49.95 million won. [ 12 ]