Proof that Hyundai vehicles are having steadily improving resale values emerged this week, when the highly respected Glass’s Guide stated the Terracan would retain 41 per cent of its original value after three years.
The Terracan, Hyundai’s rugged ‘out and out’ off-roader, was launched in the UK in July at the amazing on-the-road price of £18,495.
Jason King, Forecasting Editor for Glass’s Guide, said both the Terracan 2.9 CRTD manual and automatic is predicted to hold on to 41 per cent (£7,304 and £7,694 respectively) of its value after three years.
The Terracan has the distinction of being only the second four-wheel drive vehicle in the country to be offered with a full five-year, unlimited mileage, transferable warranty as standard. The other is Hyundai’s very own Santa Fe.
This means that after a few years of use, a second-hand car purchaser has the chance of taking over the balance of the manufacturer warranty – thus boosting Hyundai used car prices.
Jason said: "It has excellent on-road manners, and stunning off-road performance – it’s just the car to do the job it’s intended for. It is surprisingly quiet, the styling is unfussy but looks imposing, and it has a lot of usable space inside.
"What really swung it was its low list price. It’s exceptional value for money, priced considerably lower than its competitors in the workhorse end of the market which are of much older design. Really it’s an inherent successor to the Isuzu Trooper, which dominated the sector for many years, but in a modern driving package.
Jason added: "The five year warranty definitely helps; it would certainly be in the back of people’s minds when they come to buy a car."
The Terracan is a body-on-frame 4x4, designed as a working vehicle. Despite that, it has an impressive equipment list; driver and front passenger airbags, anti-lock brakes with electronic brake force distribution, side steps, rear limited slip differential, climate control, electric front and rear windows, electric heated door mirrors, stereo radio/CD player, alloy wheels, remote central locking with anti-theft alarm immobiliser and fog lamps are all standard.Published 18 September 2003