If you’re in the market for a luxury car, you could save a chunk of change by forgoing a BMW in favor of a Hyundai Equus, which offers similar space and luxury without the badge.

At $59,250, the Equus is a good $14k cheaper than the $73,600 BMW 7 Series.

But that’s in America. In Korea, it's a different story. While Hyundai previously enjoyed significant advantages on its home turf due to tariffs imposed by the South Korean government, a reduction in those import taxes leaves the Equus actually costing more than the German imports.

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Reduction In Korean Import Taxes Now Make Equus More Expensive Than A 7-Series

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