It was in September 2012 that Hyundai introduced the HB20 model in Brazil. With an undeniably attractive appearance, it was immediately desired – or at least noticed – by buyers in the category with the largest share in the national market, that of compact hatchbacks.
Until then, Hyundai was represented only by the Caoa group and sold more expensive models. It ranked eighth among the best-selling brands, with a market share of less than 3%. Almost ten years later, much has changed, and Hyundai is now the third best-selling brand in the country, with a share of over 13% in 2022.
There is no doubt that the main responsibility for this growth was HB20, which has already passed the first million units sold and today takes the lead in the sale of passenger cars with some approval.
This week, this important model was presented with a new body design, which seems less complicated than the previous one, and has everything to keep the market leadership. Whenever this kind of thing happens in a new market, the question arises among the used ones: how will the old HB20s deal with the new ones?
The Hyundai HB20 is one of the favorites of the used market, and the new 2023 model is unlikely to change that. Depreciation is low, something that the buyer of this unit really appreciates. To give you an idea, in the launch year, it was presented at prices ranging from R$32,000 for the Comfort 1.0 version to R$48,000 for the Premium 1.6 automatic version. Today, these same versions in the used market have a Fipe table of R$40,000 and R$50,000, respectively.
It is not fair to say that it appreciated, since inflation must be taken into account during this period, but it is clear that prices remained stable, and few examples achieve this success.
The first change in appearance happened after three years and it was embarrassing. The 2015 model, the last year of the first design, today has a Fipe table of R $ 46,000 for the entry level version, while the 2016 model is R $ 49,000, a very small difference.
Another four years passed until the second visual revolution, which was so important that it was considered a new generation. The 2019 model, the last year of the old body work, today has a Fipe table of R $ 61 thousand for the entry version.
Interestingly, the entry-level version of the 2020 model has a lower Fipe Table value of R$60,000. Hard to understand why, but it was clear that in the two models of these series of major visual changes there was no significant change in the market value of the HB20.
Hyundai kept the engine and transmission kit already found on the HB20 for the 2023 version. This is good news for the used market, which eliminates the possibility of a lack of spare parts.
This is a Kappa family engine, which has accompanied the HB20 since its launch in versions with the 1.0 engine. Since then, a turbo has been introduced in 2016 and direct injection in 2020, but the naturally aspirated engine with indirect injection, available in entry-level versions, has always been among the options.
The 1.6 engine of the Gamma family is an old one, which was no longer offered in the HB20. However, considering the large number of cars manufactured with this engine, as well as other models from Hyundai and Kia Motors, it is unlikely that the used market will not be supplied with spare parts in the short and medium term.
In entry-level categories, such as the HB20, this type of information is important for the used car buyer to have more confidence in the selection.
Examples that can be avoided
But not everything is suitable for the Hyundai HB20, which also has offers that should be avoided. Of course, no example or version of the HB20 is too bad to throw away, but in the presence of better options it is worth paying attention.
It is good to avoid the first HB20 with a direct transmission, between the 2013 and 2015 models. It used a four-speed gearbox, which was not very efficient and left the car with a utility characteristic. As of the 2016 model, it has six gears and has become one of the references in the segment.
For those who want an automatic HB20, it is worth the effort to consider the post-2016 models, which start at R$59,000. Given that the cheapest automatic HB20 is priced at R$47,000 for the 2013 model, the R$12,000 difference isn’t huge even considering the benefits.
Other HB20s that can be avoided are those with turbos between 2016 and 2019. Far from being bad, but these models had much lower sales than expected, becoming rare in the used market. Rarity is good among the old, but used for a few years of life are rare cars that tend to be forgotten.
Offered only with a manual transmission and without direct fuel injection, they were covered by Volkswagen’s most efficient TSI. It was only in the generation change that this engine got direct injection and direct transmission, similar to the HB20 in modernity and its competitors.
Finally, it is best to avoid the simpler packages of the Comfort version of the HB20 for the simple reason that they have the same Fipe Table value as the more complete packages. For example, between 2013 and 2019 HB20 Comfort, Comfort Plus or Comfort Style have the same market value, at least in theory.
In practice, they are separate packages, where Style is more complete, therefore more desirable. Since it does not make sense to pay the same for a simple car, I recommend avoiding it, unless it is a good opportunity with low mileage and good condition.
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