What is the total cost of ownership for a 2020 Hyundai Venue?
The total cost of owning a 2020 Hyundai Venue is impacted by its starting price, fuel consumption, and future repair costs. Below, we analyze the 2020 Hyundai Venue cost efficiency in these three areas. Keep reading to learn how you can save money with the 2020 Hyundai Venue.
2020 Hyundai Venue – starting MSRP
MSRP stands for Manufacturer’s Suggested Retail Price. It is the price set by the manufacturer, in this case, Hyundai. Dealerships are allowed to alter the price as needed, but in general, dealerships will stick to the MSRP so that everyone gets a fair price.
For the 2020 Hyundai Venue, the starting MSRP is set at $17,099. This MSRP reflects the base trim level. Higher trim levels have their own, higher MSRPs. Prices at a dealership will reflect the model and the trim level of a vehicle.
2020 Hyundai Venue – fuel economy
The fuel efficiency of your vehicle will influence the largest cost factor after the initial purchasing price. The 2020 Hyundai Venue is rated at 8.6 L per 100 km in the city and 6.8 L per 100 km on the highway when it is equipped with its manual transmission. This option is standard on the base trim level.
The IVT (Intelligent Variable Transmission) is rated at 8 L per 100 km in the city and 7 L per 100 km on the highway. This is an optional feature of the base trim level. On all other trim levels, it is the standard option.
2020 Hyundai Venue – warranty coverage
The warranty coverage of your vehicle may impact future costs. Although it is not guaranteed that you will ever use a warranty repair, it is always nice to know that your vehicle has a warranty just in case. New Hyundai vehicles come with a New Vehicle Limited Warranty, a Powertrain Limited Warranty, an Anti-Corrosion Warranty, and Roadside Assistance.
Among these, we expect that Roadside Assistance could save you a lot of money in the future. This 24/7 service is available across Canada. If you need lockout service, fuel delivery, or towing, all you need to do is call.