This comes from my experience looking at Hyundais about 10 years ago… so this may not apply to today. Also, I’m in the US, so EU might be a different situation.
What I saw was that after about 3-4 years a Hyundai’s value was roughly half of what is was new. All cars fall in value, but Hyundais seemed to plummet. This means that if you want to buy used, you might find good value from that brand… but if you buy new, you’re losing a ton of value very very quickly.
And of course, there has to be a reason that the prices plumme… I assume it’s reliability and overall quality.
I have no knowledge on the Volvo side of things, so no advice there.
This comes from my experience looking at Hyundais about 10 years ago… so this may not apply to today. Also, I’m in the US, so EU might be a different situation.
What I saw was that after about 3-4 years a Hyundai’s value was roughly half of what is was new. All cars fall in value, but Hyundais seemed to plummet. This means that if you want to buy used, you might find good value from that brand… but if you buy new, you’re losing a ton of value very very quickly.
And of course, there has to be a reason that the prices plumme… I assume it’s reliability and overall quality.
I have no knowledge on the Volvo side of things, so no advice there.