Hyundai will soon lift prices across all N Line and N models – alongside the Venue and Santa Fe. Existing orders will not be price protected.
Hyundai Australia will increase prices across a number of models from August 1, with the company’s range of N performance cars the hardest hit.
In effect from next month, prices across 42 per cent of Hyundai’s local range will rise due to various factors related to rising material costs and inflationary pressures, with no associated increase in standard equipment.
The city-sized i20 N hot hatch will receive the largest increase, at $2000, with orders now closed for the model, after wait times stretched between 12 and 24 months, and over 1600 customers placed their name down since September.
Meanwhile, the i30 N hatch, i30 Sedan N and Kona N will all increase by $1200 – while a $500 price rise will be applied to the i30 N Line hatch and sedan, Sonata N Line, Venue, Tucson N Line, Kona N Line, and Santa Fe ranges.
Existing orders will not be protected from the price hikes, with the new prices to apply to “all vehicles invoiced from 1 August 2022”.
“[Hyundai Motor Company Australia, or HMCA] has been experiencing an unprecedented rise in raw material costs globally, combined with significant inflationary pressure across the total supply chain, which we can no longer absorb in full,” the company said in a statement.
“N and N Line variants across our range have been impacted by increasing cost of supply, the specialised nature of this product, and exchange rate pressures within the global market. Our European sourced models have been impacted further by instability within the region.”
Speaking further on the higher price rises for N models, Hyundai said: “In this case, price rises were inevitable and a factor of unprecedented economic conditions, especially increased costs across the supply chain.”
“It’s highly unfortunate and certainly not something we had planned, but we are doing our very best to shore up supply and keep disruption and disappointment to a minimum.”
Hyundai Australia says i20 N order books have closed to “avoid customer disappointment”, and assures keen buyers that “as soon as our production allocation catches up with the order bank, HMCA will start taking orders once again.”
As reported by Drive, wait times for the European-built i30 N hatch are up 12 months, while Hyundai now says i20 N wait times were between 12 and 24 months.
“Kona N current production availability presents an alternative for customers who are waiting for an i30 N hatch,” Hyundai Australia says.
Price lists for all affected Hyundai models are below
2022 Hyundai i20 N Australian pricing
- i20 N – $34,990 (up $2000)
2022 Hyundai i30 N Line Australian pricing
- i30 N Line hatch manual – $30,220 (up $500)
- i30 N Line hatch auto – $32,220 (up $500)
- i30 N Line Premium hatch manual – $35,020 (up $500)
- i30 N Line Premium hatch auto – $37,020 (up $500)
- i30 Sedan N Line manual – $31,690 (up $500)
- i30 Sedan N Line auto – $33,690 (up $500)
- i30 Sedan N Line Premium auto – $38,690 (up $500)
2022 Hyundai i30 N Australian pricing
- i30 N hatch manual – $46,200 (up $1200)
- i30 N hatch auto – $49,200 (up $1200)
- i30 N Premium hatch manual – $49,200 (up $1200)
- i30 N Premium hatch auto – $53,700 (up $1200)
- i30 Sedan N Premium manual – $50,200 (up $1200)
- i30 Sedan N Premium auto – $50,200 (up $1200)
2022 Hyundai Venue Australian pricing
- Venue (base) manual – $21,740 (up $500)
- Venue (base) auto – $23,760 (up $500)
- Venue Active manual – $23,670 (up $500)
- Venue Active auto – $25,690 (up $500)
- Venue Elite auto – $27,540 (up $500)
2022 Hyundai Kona N Line and N Australian pricing
- Kona N Line – $37,100 (up $500)
- Kona N Line Premium – $43,300 (up $500)
- Kona N – $49,200 (up $1200)
- Kona N Premium – $52,200 (up $1200)
2022 Hyundai Sonata Australian pricing
- Sonata N Line – $52,065 (up $500)
2022 Hyundai Tucson N Line Australian pricing
- Tucson N Line 2.0 petrol – $38,900 (up $500)
- Tucson Elite N Line 2.0 petrol – $41,900 (up $500)
- Tucson Elite N Line 1.6T petrol – $45,900 (up $500)
- Tucson Elite N Line 2.0 diesel – $47,900 (up $500)
- Tucson Highlander N Line 2.0 petrol – $47,900 (up $500)
- Tucson Highlander N Line 1.6T petrol – $51,900 (up $500)
- Tucson Highlander N Line 2.0 diesel – $53,900 (up $500)
2022 Hyundai Santa Fe Australian pricing
- Santa Fe petrol – $46,050 (up $500)
- Santa Fe diesel – $49,550 (up $500)
- Santa Fe Active petrol – $50,250 (up $500)
- Santa Fe Active diesel – $53,750 (up $500)
- Santa Fe Elite petrol – $56,500 (up $500)
- Santa Fe Elite diesel – $60,000 (up $500)
- Santa Fe Highlander petrol – $63,050 (up $500)
- Santa Fe Highlander diesel – $66,550 (up $500)
Alex Misoyannis has been writing about cars since 2017, when he started his own website, Redline. He contributed for Drive in 2018, before joining CarAdvice in 2019, becoming a regular contributing journalist within the news team in 2020. Cars have played a central role throughout Alex’s life, from flicking through car magazines as a young age, to growing up around performance vehicles in a car-loving family.