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In reply to the discussion: What's the best car/vehicle on the market today, dollar to value? [View all]Hassin Bin Sober
(27,492 posts)I know I know they cleaned up their act and have a good warranty. They're sharp too. His friends have one and love it. The value seems good too.
When I was in the business, we couldn't get our new Kias financed because of what Hyundai did to all the lenders. The banks all loaned money on them to people with marginal credit with $100 dollars down. I mean why not? A new car for $6k and a warranty? The trouble was when the warranty was up and the cars took a shit, people stopped paying for the car. It damn near crippled a several banks.
When Kia came to town, the lenders were like no more Korean cars. Things have changed and Hyundai rehabbed their image.
But still.
The Kia was crap too. Half the new cars came back on the hook in 2 or 3 days. Electrical problems. But I hear they cleaned up their act (owned by Hyundai).
Now come to find out our LG washer/dryer combo is actually LUCKY GOLDSTAR maker of shitty crappy electronics in the '80s. Rebranded to Life Is Good. I just had to replace the drum on 5 year old dryer.