COSTA MESA, Calif., June 20, 2012 – The 2012 Hyundai
Veloster has been named one of the “10 Coolest New Cars Under $18,000” by
Kelley Blue Book’s kbb.com. Editors of the trusted new- and used-car
information resource applauded the three door coupe for its innovative
technology and unique styling.
“Packed with a unique brand of versatility, innovative
technology and left-field styling, the Hyundai Veloster challenges the status quo
to a duel,” said Jack R. Nerad, executive editorial director and executive
market analyst for Kelley Blue Book’s kbb.com. “The 3-door Veloster – one on
the driver’s side, two on the other – is among the most distinctive cars
available at any price.”
Two criteria, fun-to-drive and fun-to-own, are critical
among the deciding factors of what the kbb.com editors freely admit is a very
subjective “cool factor.” Each vehicle on the list is available for purchase at
$18,000 or less, using Kelley Blue Book’s exclusive Fair Purchase Price as the
yardstick. Kelley Blue Book’s Fair Purchase Price is the price consumers
typically pay for a car, based on actual new-vehicle transactions and updated
weekly for changing market conditions.
Copy Right Hyundai
“We’re honored that kbb.com is recognizing the Veloster as
one of the coolest new cars under $18,000,” said Scott Margason, director,
Product Planning, Hyundai Motor America. “The Veloster offers great fuel
economy, iconic design and advanced technology features all at an affordable price.
It was definitely created with the cool factor in mind.”
As one of Hyundai’s first models to achieve 40 MPG, the
Veloster delivers the functionality of a hatchback but style and sporty design
of a coupe. The Veloster also features Hyundai’s Blue Link® telematics system
and Pandora® internet radio with seven-inch touch-screen display.
For more information about kbb.com’s 2012 “10 Coolest New
Cars Under $18,000,” please visit
http://www.kbb.com/car-reviews-and-news/top-10/10-coolest-cars-under-18000-2012/.
KELLEY BLUE BOOK (www.kbb.com)
Founded in 1926, Kelley Blue Book, The Trusted Resource®, is
the only vehicle valuation and information source trusted and relied upon by
both consumers and the industry. Each week the company provides the most
market-reflective values in the industry on its top-rated website www.kbb.com,
including its famous Blue Book® Trade-In and Suggested Retail Values and Fair
Purchase Price, which reports what others are paying for new cars this week.
The company also provides vehicle pricing and values through various products
and services available to car dealers, auto manufacturers, finance and
insurance companies as well as governmental agencies. Kbb.com provides consumer
pricing and information on cars for sale, minivans, pickup trucks, sedan,
hybrids, electric cars, and SUVs. Kelley Blue Book’s kbb.com ranked highest in
its category for brand equity and was named Online Auto Shopping Brand of the
Year by the 2012 Harris Poll EquiTrend® study.Kelley Blue Book Co. Inc. is a
wholly owned subsidiary of AutoTrader.com.
HYUNDAI MOTOR AMERICA
Hyundai Motor America, headquartered in Costa Mesa, Calif.,
is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed
throughout the United States by Hyundai Motor America and are sold and serviced
through more than 800 dealerships nationwide. All Hyundai vehicles sold in the
U.S. are covered by the Hyundai Assurance program, which includes the
5-year/60,000-mile fully transferable new vehicle warranty, Hyundai’s
10-year/100,000-mile powertrain warranty, and five years of complimentary
Roadside Assistance.
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