Ownership Cost for 2012 Hyundai Veloster Base
Estimated: $35786 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $2335 | $1121 | $981 | $887 | $794 | $6118 |
| Insurance | $1796 | $1859 | $1924 | $1991 | $2061 | $9631 |
| Fuel | $1164 | $1199 | $1241 | $1291 | $1349 | $6244 |
| Maintenance | $2169 | $1463 | $936 | $868 | $2018 | $7454 |
| Repairs | $750 | $929 | $1055 | $1178 | $1367 | $5279 |
| Taxes & Fees | $716 | $716 | $716 | $716 | $716 | $1061 |
| Total Ownership Costs | $8930 | $6652 | $6241 | $6282 | $7681 | $35786 |
| Model year | COMPONENT | Complaint |
| 2012 | AIR BAGS | TL* THE CONTACT OWNS A 2012 HYUNDAI VELOSTER. THE CONTACT STATED THAT THE REAR SEAT BELTS AND THE PASSENGER AIR BAGS FAILED. THE REAR SEAT BELTS COULD NOT BE RELEASE FROM THE SEAT OR RETRACTED. THE AIR BAG WARNING LIGHT REMAINED ILLUMINATED AND THE ANTI-THEFT UNIT ACTIVATED INDEPENDENTLY. THE VEHICLE WAS TAKEN TO THE DEALER SEVERAL TIMES FOR THE FAILURE. THE DEALER RE-CALIBRATED THE PASSENGER WEIGHT SENSOR HOWEVER, THE AIR BAG FAILURE WAS NOT CORRECTED. THE REAR SEAT BELTS WERE NOT REPLACED AND THE ANTI THEFT SYSTEM FAILURE WAS UNABLE TO BE DUPLICATED HOWEVER, THE ANTI THEFT ELECTRICAL SYSTEM WAS UPDATED. THE MANUFACTURER WAS MADE AWARE THAT THE TAIL PIPE RELEASED A BLACK POWDER AND THE MANUFACTURER ADVISED THE CONTACT THAT THE BLACK POWDER WAS A NORMAL PHENOMENON THAT THEY WERE AWARE OF. THE CONTACT WAS ADVISED BY THE MANUFACTURER THAT THEY WERE WORKING ON ISSUING A REMEDY FOR THE FAILURE. THE VEHICLE WAS NOT REPAIRED. THE APPROXIMATE FAILURE MILEAGE WAS 2,000 AND THE CURRENT MILEAGE WAS 12,100. |
| 2012 | SERVICE BRAKES | ON SATURDAY, 9/8, I NOTICED THE PARKING BRAKE LEVER HAD LOST TENSION WHEN I FIRST STARTED THE CAR, AND AFTER RUNNING ERRANDS AND PARKING AFTERWARD, NOTICED A STRONG, "OZONE-Y" ODOR COMING FROM THE CAR, BUT WASN'T SURE FROM WHERE. I DROVE MORE A LITTLE MORE OVER THE WEEKEND AND NOTICED THE SMELL AGAIN, PLUS ACCORDING TO THE CAR'S MPG READOUT ON THE TRIP COMPUTER, THE FUEL MILEAGE WAS MUCH LOWER THAN USUAL BY 5-10 MPG. ON MONDAY, 9/10, TWO DAYS AFTER FIRST NOTICING THE SMELL AND PARKING BRAKE ISSUE BUT NOT REALIZING WHAT THE PROBLEM WAS, I DROVE THE CAR TO AND FROM WORK IN COMMUTE TRAFFIC (APPROX. 13 MILES EACH WAY). WHEN I PARKED THE CAR AFTER THE COMMUTE HOME AFTER WORK, THE BURNING SMELL WAS MUCH STRONGER, AND CLEARLY COMING FROM LEFT REAR BRAKE. UPON INSPECTION, I NOTICED LIGHT SMOKE COMING FROM PAD/ROTOR, LOTS OF BRAKE DUST, AND EVIDENCE OF GROOVING ON ROTOR, SO OBVIOUSLY THE BRAKE WAS STICKING OR DRAGGING ON THE ROTOR. I CALLED MY SERVICE DEALERSHIP RIGHT AWAY (HYUNDAI OF SEATTLE), WHO TOOK THE PROBLEM SERIOUSLY AND SAID "CALL HYUNDAI ROADSIDE ASSISTANCE TO HAVE THE CAR TOWED TO THE DEALERSHIP ON A FLATBED TRUCK; DON'T DRIVE THE CAR." IT WAS TOWED TO THE DEALERSHIP THE NEXT DAY, AND DIAGNOSED WITH A LEFT REAR BRAKE CALIPER FAILURE CAUSING THE PADS TO STICK TO THE ROTORS. A NEW PART WAS ORDERED AND THE CAR REPAIRED BY SATURDAY, 9/15. THE SERVICE ADVISOR AT THE DEALERSHIP CLAIMED TO HAVE NEVER HEARD OF THIS PROBLEM BEFORE, BUT I HAVE SINCE READ ON A WEBSITE DEVOTED TO THIS SPECIFIC MODEL, VELOSTER.ORG, THAT A NUMBER OF OTHER 2012 VELOSTER OWNERS HAVE HAD THE SAME PROBLEM. THIS SEEMS A COMMON DEFECT AND CLEARLY A SAFETY ISSUE THAT HYUNDAI NEEDS TO ADDRESS AND DEALERSHIPS MADE AWARE OF. *TR |
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