Just like the recent news that we did on the Chevrolet Camaro losing sales, the Hyundai Veloster has been on the same course of rapidly falling sales. The 3-door coupe-ish hatchback from Hyundai, hasn’t been able to do much for moving numbers and following the reports from 2016 the sales graph has only fallen. What has gained popularity in the last years is the crossovers, compact SUV and SUV segments.
As per a recent report on carsdirect, Hyundai may be silently pulling the plug on the Veloster. That’s because the standard Veloster version is currently being offered with no rebates, no lease deals and no APR incentives. And instead, Hyundai is offering a Final Pay incentive which helps their dealers to clear out the remaining unsold cars in their inventories. There are no numbers of the Velosters in the dealership’s inventory but it is far less than 500 units, out of which some are of the Veloster N.
The cars in the stock hold right now are the 2021 model year Veloster, Veloster Turbo and Veloster N. The sales in the year of the pandemic fell short by 50 percent down to just 7,581 units. This is when Hyundai sells over 600,000 cars in 2020.
Hatchbacks in general are seen dying down in the US. The Ford Fiesta ST and Focus ST are classic examples and VW had also recently announced that it will be only selling the GTI and R versions of the Golf from 2021 onwards in the United States. The 2021 Hyundai Veloster might not see a 2022 model perhaps, but we can’t confirm the same about the ‘N’ variant as Hyundai is offering some really good deals on this popular hot hatchback.
Hyundai is offering the Final Pay incentive on the remaining stocks of the 2020 Hyundai Kona but is offering some really good deals on the 2021 model and also launched a new N-Line model for the 2021 model year.