The Hyundai Accent was discontinued in 2024. Learn about its production end date, last model year, and reasons for discontinuation. Explore its sales performance and related models like the Hyundai Veloster and Elantra.
Discontinuation of Hyundai Accent
Production End Date
The Hyundai Accent, a subcompact car known for its reliability and affordability, has been a staple in the automotive market for many years. However, like all things, its time eventually came to an end. The production of the Hyundai Accent ceased in 2021, marking the end of an era for this beloved model. This decision was likely made after careful consideration of market trends and consumer preferences, which have shifted significantly towards SUVs and other larger vehicles.
Last Model Year
The last model year of the Hyundai Accent was 2021. This final year saw the release of the 2021 Accent, which was available in various trim levels, each offering unique features and upgrades. For those who missed out on the opportunity to purchase a new Accent, there are still plenty of used models available on the market, offering great value for those looking for an affordable and reliable ride.
Reason for Discontinuation
So, why did Hyundai decide to discontinue the Accent? One major reason is the shift in consumer preferences towards SUVs and other larger vehicles. The market has seen a significant increase in demand for high-riding vehicles, which has led many manufacturers to focus on producing more SUVs and crossovers. This trend is evident in the sales data, where SUVs now make up nearly half of all car sales worldwide. Additionally, the Kia Rio, another subcompact car, was also discontinued around the same time, suggesting that the market for these smaller vehicles is indeed declining.
Impact on Sales
The discontinuation of the Hyundai Accent has had a noticeable impact on Hyundai’s sales figures. While the company has seen success with its SUV lineup, the absence of the Accent has left a gap in the market for those seeking a compact, affordable vehicle. This gap has been filled by other models, such as the Hyundai Elantra, which has seen an increase in sales as a result. However, for those who were loyal to the Accent, its discontinuation has been a significant loss, as it was a reliable and practical choice for many drivers.
Historical Context of Hyundai Accent
First Generation (2011-2018)
The first generation of the Hyundai Accent, which spanned from 2011 to 2018, marked the beginning of this subcompact car’s journey. This generation was known for its sleek design and impressive fuel efficiency. The Accent was available in both sedan and hatchback forms, catering to a wide range of consumer preferences. During this period, the Accent gained popularity for its affordability and reliability, making it a favorite among budget-conscious buyers.
Second Generation (2018-2024)
The second generation of the Hyundai Accent, which ran from 2018 to 2024, saw significant improvements in design and features. This generation introduced a more modern look and added advanced safety features, such as forward collision avoidance and lane departure warning. The Accent also became more fuel-efficient, with some models achieving up to 40 miles per gallon on the highway. This generation solidified the Accent’s position as a reliable and practical choice for daily driving.
Sales Performance Before Discontinuation
Average Selling Price
Before its discontinuation, the Hyundai Accent was available for purchase at a relatively affordable price. The average selling price of a used 2017 Hyundai Accent, for example, ranged from $6,480 to $11,769, making it an attractive option for those on a budget. This affordability was one of the key factors contributing to the Accent’s popularity among budget-conscious buyers.
Sales Volume Trends
The sales volume of the Hyundai Accent fluctuated over the years. While it never reached the heights of some of Hyundai’s other models, it maintained a steady presence in the market. The sales data showed a consistent trend of moderate sales, with no significant spikes or drops. This stability was a testament to the Accent’s reliability and practicality, which appealed to a wide range of consumers.
Related Models and Alternatives
Hyundai Veloster
For those who are looking for an alternative to the Hyundai Accent, the Hyundai Veloster is an excellent option. The Veloster is a subcompact crossover that offers a more modern design and advanced features. It is available in both hatchback and coupe forms, providing a versatile choice for buyers. The Veloster also offers better fuel efficiency and more advanced safety features, making it a compelling alternative to the Accent.
Hyundai Elantra
Another model that can fill the gap left by the Hyundai Accent is the Hyundai Elantra. The Elantra is a compact sedan that offers a more spacious interior and a wider range of features. It is available in various trim levels, each offering unique upgrades and amenities. The Elantra is known for its comfort, reliability, and affordability, making it an excellent choice for those who need a reliable daily driver. While it is slightly larger than the Accent, it offers a similar blend of practicality and value.
Historical Context of Hyundai Accent
First Generation (2011-2018)
The Hyundai Accent, once a stalwart in the subcompact car market, has a rich history that spans over a decade. The first generation, which debuted in 2011, marked a significant shift for Hyundai. This model was designed to be more fuel-efficient and feature-packed, aiming to attract a younger demographic. It was a compact car that packed a punch, offering a spacious interior and a range of engine options. The Accent quickly gained popularity for its reliability and affordability, making it a go-to choice for many first-time car buyers.
Second Generation (2018-2024)
The second generation of the Hyundai Accent, which began production in 2018, brought about a new wave of innovation. This model was designed to be more modern and sleek, with a focus on safety features and advanced technology. The exterior design was revamped, featuring a more aerodynamic profile and updated LED lighting. Inside, the cabin was upgraded with premium materials and a more intuitive infotainment system. The second generation also saw improvements in fuel efficiency and performance, making it an even more compelling option for those seeking a reliable and feature-rich subcompact car.
Sales Performance Before Discontinuation
Average Selling Price
The Hyundai Accent was known for its affordability, with an average selling price that was significantly lower than many of its competitors. This made it an attractive option for budget-conscious buyers. The price point was so competitive that it often found itself at the forefront of discussions about value for money in the automotive market. Despite its low price, the Accent managed to maintain a reputation for quality and reliability, which further boosted its appeal.
Sales Volume Trends
Sales volume trends for the Hyundai Accent were a mixed bag. While it never reached the heights of some of its more popular siblings, such as the Hyundai Elantra, it consistently maintained a steady sales performance. The first generation saw a gradual increase in sales over the years, with 2015 being a particularly strong year. The second generation, however, faced more challenges. Despite its improvements, sales began to decline as consumer preferences shifted towards SUVs and crossovers. By the time of its discontinuation, the Accent was selling fewer units than it had in previous years, a trend that mirrored the broader decline in sedan sales.
Related Models and Alternatives
Hyundai Veloster
For those who are looking for an alternative to the Hyundai Accent, the Hyundai Veloster is an excellent option. The Veloster is a hatchback that offers a more dynamic design and a sportier vibe. It comes with a range of engine options, including a turbocharged variant that provides impressive performance. The Veloster also boasts advanced safety features and a premium interior, making it a compelling choice for those seeking a more stylish and feature-rich vehicle.
Hyundai Elantra
Another model that might appeal to fans of the Hyundai Accent is the Hyundai Elantra. The Elantra is a compact sedan that offers a more spacious interior and a wider range of features. It is known for its comfort and reliability, making it an excellent choice for those who need a car for daily driving. The Elantra also comes with advanced safety features and a more powerful engine option, making it a solid alternative to the Accent.
Sales Performance Before Discontinuation
Average Selling Price
The Hyundai Accent, before its discontinuation, was priced competitively in the market. The average selling price of the Accent varied depending on the trim level and features. Generally, the base model of the Accent was priced around $14,000 to $16,000, while the higher trims could go up to $18,000 to $20,000. This pricing strategy aimed to attract budget-conscious buyers who were looking for a reliable and fuel-efficient vehicle without breaking the bank.
Sales Volume Trends
The sales volume of the Hyundai Accent also played a significant role in its performance before discontinuation. Over the years, the Accent experienced fluctuations in sales. Here’s a rough breakdown of its sales trends:
- Early Years: The Accent started strong, with high sales volumes in its initial years. It quickly gained popularity due to its affordability and reliability.
- Mid-Period: As the market shifted towards SUVs and crossovers, the Accent’s sales began to dip. Despite this, it still managed to hold a steady market share.
- Later Years: By the time the Accent was discontinued, its sales had significantly declined. This was largely due to the increasing demand for SUVs and the overall decline in sedan sales.
Here’s a rough estimate of the sales volume trends for the Hyundai Accent:
| Year | Sales Volume |
|---|---|
| 2011 | 100,000+ |
| 2015 | 80,000+ |
| 2018 | 60,000+ |
| 2020 | 40,000+ |
| 2023 | 20,000+ |
These numbers indicate a steady decline in sales over the years, reflecting the broader market trend towards SUVs and away from sedans. Despite this, the Accent remained a reliable choice for many buyers who valued its affordability and fuel efficiency.
Related Models and Alternatives
Hyundai Veloster
The Hyundai Veloster is a unique and stylish hatchback that stands out in the market. Unlike the traditional three-door design of the Accent, the Veloster boasts an asymmetrical door configuration, featuring one large door on the driver’s side and two smaller doors on the passenger side. This design is more common in commercial vehicles and minivans, but it adds a touch of elegance to the Veloster. The car was first introduced in 2011 and has since become a favorite among those who value both style and functionality.
Key Features of the Hyundai Veloster
- Engine Options: The Veloster comes with a direct-injected 1.6-liter four-cylinder engine, producing 138 horsepower and 123 lb-ft of torque. It also offers a six-speed manual transmission as standard and a six-speed dual-clutch transmission (DCT) with paddle shifters as an option.
- Trim Levels: In Europe, the Veloster is available in two trim levels: the Veloster Coupe and the Veloster Coupe Sport. The sport model adds features like a panoramic sunroof, 18-inch wheels, and full leather interior to the base model.
- Fuel Efficiency: Official EPA fuel economy numbers for the Veloster are 27 mpg in the city and 38 mpg on the highway, making it an excellent choice for those who want a fun-to-drive car without breaking the bank.
Hyundai Elantra
The Hyundai Elantra is another popular model from Hyundai that offers a more conventional sedan experience. While it may not have the unique design of the Veloster, it makes up for it with its spacious interior, comfortable ride, and impressive fuel efficiency.
Key Features of the Hyundai Elantra
- Engine Options: The Elantra typically comes with a 2.0-liter four-cylinder engine, producing 147 horsepower and 132 lb-ft of torque. It also offers an optional 1.4-liter turbocharged engine for added performance.
- Trim Levels: The Elantra is available in various trim levels, including the base model, Sport, Limited, and Ultimate. Each trim offers additional features such as heated seats, blind-spot monitoring, and a premium audio system.
- Fuel Efficiency: The Elantra boasts impressive fuel economy, with up to 38 mpg in the city and 40 mpg on the highway, making it an excellent choice for daily driving.
Choosing Between the Veloster and Elantra
When deciding between the Hyundai Veloster and the Hyundai Elantra, it’s essential to consider your lifestyle and preferences. If you’re looking for a fun, stylish hatchback with a unique design, the Veloster might be the perfect fit. However, if you prefer a more conventional sedan with ample interior space and impressive fuel efficiency, the Elantra is an excellent option. Ultimately, both cars offer exceptional value and performance, making them great alternatives to the discontinued Hyundai Accent.