William Maley

Editor/Reporter - CheersandGears.com

June 5, 2012

UPDATE: Yeah, about the under $20,000 pricetag for the Veloster Turbo.. That appears to be bunk.

The Truth About Cars got a hold of Hyundai Motor America CEO John Krafcik asking to clarify the $1600 increase. Krafcik said the Veloster Turbo will add $1600 to the cost the Veloster, but with all of the added equipment, the price tag will be over $20,000. We'll see how much over $20,000 tomorrow.

As for the Inside Line story, that has pulled a disappearing act. Click on the link and it will take you to a page not found.

The orginal story follows below.

William Maley

Editor/Reporter - CheersandGears.com

June 4, 2012

The Hyundai Veloster has been praised for its outlandish looks and is selling each one that comes off the truck. One complaint the funky car has been getting is the lack of oomph. Hyundai has shown the fix earlier this year at NAIAS with the new Veloster Turbo. Now, we've gotten a clue of what the Turbo model will cost.

Hyundai Motor America CEO John Krafcik revealed to Inside Line that Veloster Turbo will be $1,600 more than the base Veloster. The base Veloster starts at $18,075 (Includes $775 destination charge), meaning the Turbo model will be under the $20,000 mark.

"There is lots of equipment difference between the base Veloster and the base Veloster Turbo," Krafcik said to Inside Line.

The Veloster Turbo comes with a 1.6L DI turbo-four producing 201 HP, leather seats, and Hyundai's BlueLink communications setup. Available will be a ‘ultimate’ package which gets you a panoramic glass roof and a matte gray paint job.

Hyundai will release pricing on the Veloster Turbo on Wednesday.

Source: Inside Line