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

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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Yonder7 - 5/22/2013 12:30:27 PM

+1 Boost

ha ha...Cool...I'll take the 7...

HughJass - 5/22/2013 3:07:20 PM

+1 Boost

Goes to show how much protection these companies get from their government guardians and how badly Koreans were getting screwed by paying inflated prices at home so us whiteys can get our 2 for 1 cheap electronics and cars.

alex22 - 5/23/2013 1:19:50 AM

+1 Boost

all mixed up in this world ... the prestige of the brand for those who can afford to play an important role ...