Hyundai Veloster Turbo 24

Here’s something that might pique your interest – an image of what looks to be an updated price list for several Hyundai models has emerged on the Santa Fe Club Malaysia’s Facebook page. Allegedly, prices of the Elantra 1.8 Premium, Veloster and Santa Fe models will all go up.

The image states that should the price increase come into effect, the changes are set to be implemented on September 16 2015. As noted in the image, customers who place an order for the listed models prior to said date will be entitled to the old price.

The supposed price increase is a rather large one with figures leaping by as much as around RM10,000 on the Santa Fe range. Oddly enough, only the above three models were mentioned, so it’s safe to assume that the rest of the range will continue on in the market with unchanged price tags – for now, at least.

Should the price increase come into effect, we reckon that the cause for it could be pointed at the weakening ringgit. In a separate report, BMW Malaysia was also said to be mulling over the idea of announcing a price increase as a result of the same issue. “If the situation continues (weakening of the ringgit) I do not rule out the possibility of price increases by early next year,” said the group’s CEO, Alan Harris.