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Factors to Consider While Selecting Cars for Retail or Rental Services

Discuss about the Vehicle Design and Selection of Marginal Emissions.

For the purpose of selection of cars for retail or rental services, it is important to consider a number of factors before choosing a particular build or model. While in most of the cases, the overall cost and the estimated cost benefit are the main factors behind the selection, some other dealers also consider related technical factors like seating capacity of the car, mileage, power, torque, running efficiency, maintenance and servicing requirements, market demand and others. Highlanders Courier Limited wants to purchase a fleet of specific car models for leasing and dealership and it has been decided that Toyota cars will not be purchased. The options were provided for selecting a car model from Korean car brands and accordingly, a short list has been developed that includes three cars, namely KIA Cadenza, Hyundai Accent and Hyundai Ioniq Electric. KIA launched the updated Cadenza model in 2018 and it is the advanced version of the cadenza 2016 model. This model has been one of the most popular car models prepared by Korean car brands and it has been very successful in the market. The car has many of the more advance features and the price of the Car is nearly $31000 which is a bit high price for the segment. The Hyundai Accent is one of the most popular car models that has been around in the market for quite some time. The average price of this car is around $16000, which is very cheap relative to the other chosen cars and the pros of the car include comfortable ride and impressively quiet cabin, spacious interior that is upscale for the segment, competitive fuel efficiency and long warranty coverage. The Hyundai Ioniq Electric model incurs the transmission of the model in the processing of the single speed methodology. The drivetrain methodology used in the processing of the data management regarding the FWD processing. The Carbon di Oxide emission is least in this model. The carbon dioxide emission in the processing of the travelling of the car for entire one year is the least compared to the processing of any other model of cars present in the globe. This will ensure the fact that the prosecution of the car that will not be hazardous effluents. Furthermore, as per the specifications of this car, the pollution generation will be least leading to the general concept that it will be environment friendly in nature.

Analysis of Technical Specifications of KIA Cadenza, Hyundai Accent, and Hyundai Ioniq Electric

In this report, the technical specifications these three cars have been analyzed and accordingly, suitable recommendations having been made regarding the best choice of car fleet among these three.

The 2018 KIA cadenza is one of the most premium model that is launched by the organization in the year of the 2018, it is the advanced version of the cadenza 2016 model. The car has many of the more advance features. The price of the Car is nearly $31000 which is a bit high price for the segment. The accessories that the organization provides in the car are of very much standard that is expected of the organization. The AC system in the car is of the standard quality providing the multi zone ac feature. The security system of the car is also a standard one including the FM radio. Other than this the car comes with an optional wooden finish providing best interior looks. The chassis of the car is approximately having curb weight of the 3633kg, which is not too much heavy for the car. The car is very much spacious for 5 persons to fit in. The drivers console provides access to all the accessories of the car, also music and the ac control system are with the rare passengers. The height of the interior of the car is 40.2m that is good enough for any sedan. The leg space is something that KIA provides the best, with the 45.5 mm which is very good for this segment off the cars. The car provides with power mirrors, having heating sensors for snowy weather. There are power window option is there for all the 4 passengers siting in the window seats. The front wheel size of the 18.75 in circumference as well as the rear tire. This provides some of the best road control features. Both the wheels in the car is made up of aluminum which is one of the best in class material. Both the wheels have a disk brake system along with ABS. The fuel capacity of the tank is 18.65 liters. The high variants of the car is also having sunroof which is very much common for the cars of this range. IN terms of the safety the organization offers some of the best features like the all seats. There are also some of the best safety features like the child safety locks and others like the brake assists, blind spot assists cross traffic alert and others. It can be said that this one of the best in class of the car that is available in the market produced by KIA.

Recommendations for the Best Choice of Car Fleet among KIA Cadenza, Hyundai Accent, and Hyundai Ioniq Electric

The Hyundai Access is one of the best in class and popular cars available in the market made by the Hyundai.  The car has a chassis of 2502 m which is smaller in this segment of the cars. One of the most advanced features that the car is providing is the torsion beam suspension. This is one of the most premium features that the car is providing. The car is providing a front wheel size of the 185 circumference also the spare wheel size of the car is approximately equal of the size. Due to the small size of the car it is providing a very small turning radius of approximately 33.5m. The car is having a very much efficient disk brake system with the advanced ABS system. This car is also having a passenger carrying capacity of approximately 5 passengers including the driver.  The height of the car is not very large and is having 38m which is not very much for the taller passengers. Other than this the front leg room of the compact sedan is approximately 42.1 which is not very much large. The accessories that the car is providing normal to any other car that is available in this section. The AC is not providing any of the features like the multi zone AC, cruise control and other features. The car is also providing some of the best features like the rear view mirror defrost, heated seats for the snowy temperatures. The accessories that the organization provides in the car are of very much standard that is not expected of the organization. The AC system in the car is of the standard quality providing the multi zone ac feature. The security system of the car is also a standard one including the FM radio. In the exterior of the car there are some of the features that are missing from the car like the sun roof options. The tires are having all time driving wheel system. The fuel capacity of the tank is 18.65 liters. The high variants of the car is also having sunroof which is very much common for the cars of this range. In terms of the safety the organization offers some of the best features like the all seats. The car is proving an average mileage of approximately 20kmpl which is quite a good enough for a sedan. Thus it can be said that the Hyundai is one of the efficient car in the price group of $20 thousand and hence is very much affordable.

The Hyundai Ioniq Electric model incurs the transmission of the model in the processing of the single speed methodology. The drivetrain methodology used in the processing of the data management regarding the FWD processing. The Carbon di Oxide emission is least in this model. The carbon dioxide emission in the processing of the travelling of the car for entire one year is the least compared to the processing of any other model of cars present in the globe. This will ensure the fact that the prosecution of the car that will not be hazardous effluents. Furthermore, as per the specifications of this car, the pollution generation will be least leading to the general concept that it will be environment friendly in nature. The engine that has been used in the processing of the car is electric in nature. This fact ensures that it does not require the usage of fuel. This will take into consideration that the pollution emission will be least. The power of this car is 118 hp which can be term as 88 kW as well. The torque of this car will be 218 lb ft. this can also be termed as 296 N m.. the battery type used as the power source is Lithium-ion polymer. Li-Po is one of the efficient batteries and power sources that are present in the globe. This will ensure the fact that the emission of the hazardous elements will be least as the power source is battery and not fossil fuel. The energy prosecution of the is 28.0 kWh. The voltage incurred in the processing of the power source is 360 V. the charging time required for the processing of the battery is 120: N/A, 240: 4.0 h, 400: N/a. the feature of cooling the car processing is not present in the processing of the car. The type of car that is used is hatchback. The car is electric in nature and the nature of the car is compact in nature. The assembling of the processing is done by the Ulsan and KKR. The car is a 1st generation model, leading to the fact that the processing of the car is not very updated and the fact also takes into consideration the fact that the car is not launched very early.  The fuel efficiency of the car will be 0.0L/100 Km in the heart of the city. This will ensure the fact that the mileage of the car will be high. The mileage of the car in the highway will be equally high as it is in the city. The mileage of the car will be 0.0 L/100km. the combined combination of the car is 0.0 L/1maintained.00km (1.9 L?/100km). The electric autonomy will be 175 km and the efficiency of the process will be maintained. For the sole purpose of entertainment Apple carPlay compatible is present in the car. The steering of the car is rack and pinion in nature. Electric assistance will include the fact that the processing will take into consideration the fact that the steering will be efficiently functional in nature.

KIA has been a rising brand for the manufacturing of cars that are luxurious in nature. This fact ensures the fact that the cars launched by this company are very  efficient in nature, leading to the fact that the processing of the car will be having a high brand value as KIA was one of the leading brands of the car. This ensures that the cars from the brand of the KIA has to be the leading car brand taking into consideration the fact that the brand value of KIA was very high and the efficiency of the cars in the probation of the technique of the best car would have been the car launched by the KIA. Nevertheless, the selling of the brand to Hyundai makes it less efficient than the cars of the Hyundai. This implies that the processing of the Hyundai cars namely the Hyundai Accent and the Hyundai Ioniq Electric will be much more efficient than the car that are produced by the KIA.. The brand lost the brand value as the brand was bought by the Hyundai and the brand started losing the efficient processing of the cars. This includes the fact that the processing of the car will lose its efficiency in accord to the cars launched by the processing of the Hyundai cars, namely the Hyundai Accent and the Hyundai Ioniq Electric. Therefore, the comparison gets started between that of the Hyundai accent and the Hyundai Ioniq Electric. In between the comparison of the Hyundai Accent loses to the processing of the Hyundai Ioniq Electric. This is because the processing of the cost that was incurred with the cost that is incurred regarding the processing of the data management of the car. This includes the fact that the Hyundai car namely Electronic Ioniq was better as the power source of this car I through the source of the battery and the battery source will include the fact that the processing of the car do not possess hazardous wastes. This ensures the fact that in terminology of the fact that the using of the Hyundai Ioniq Electric will possess the environment friendliness. This ensures the fact that the processing of the car got more number of acceptance than the Hyundai Accent. This ensures the fact that are the processing of the car is highly efficient and more powerful than the processing of the Hyundai accent. The car size that has been a major controversial point as the size of the car Hyundai accent is small and the category in which the Hyundai Ioniq Electric falls is in the large section of the cars. The excess capacity of the Hyundai Ioniq Electric gives the Hyundai Ioniq Electric an edge over the Hyundai accent. Taking into consideration the fact that the increase in space in the Hyundai Ioniq Electric, makes it a complete family car and an obvious choice over the Hyundai Accent. This ensures the fact that the sales of the car Hyundai Ioniq Electric will be definitely higher than that of the Hyundai Accent. The major concern for  the buying  of the Hyundai Ioniq Electric includes the fact that the cooling system is absent. The fact that the absence of the cooling system makes Hyundai Ioniq Electric becomes a less wanted car. This ensures the fact that the specification management of the Hyundai accent an edge over the Hyundai Ioniq Electric. As Hyundai Ioniq Electric does not support the functioning of the processing of the utter choice over the e cooling system but the compared model of Hyundai Accent supports the usage of the cooling system and the efficiency of the cooling system of the Hyundai Accent is very high. Taking into consideration the fact that the absence of the cooling system in the Hyundai Ioniq Electric and the presence of the efficient cooling system in the Hyundai Accent makes this a better choice over the Hyundai Ioniq Electric car. This fact acts s the major reason of buying Hyundai Accent over the Hyundai Ioniq Electric. Another major reason of choosing the Hyundai Accent over Hyundai Ioniq Electric is the price tag that is set for the cars. The price of the car Hyundai Accent is much lower than that of the Hyundai Ioniq Electric. The cost of the Hyundai accent is $20,803 whereas the price tag of base model of the Hyundai Ioniq Electric is $26,800.  This fact takes into consideration the fact that the processing of the buying of the car Hyundai Accent act more efficient in nature. The major concern regarding the global audience is that the processing of the entire business is related to the processing of the cost management. This ensures the fact that the business making of the organization will be affected in a positive node. This will ensure the fact that the processing of the car will be having an edge over the marketing of the Hyundai Ioniq Electric. This is the major reason that the sales of the Hyundai Accent can be more than that of the Hyundai Ioniq Electric. The major reason of the increase in sales of the Hyundai Accent in compared to the Hyundai Ioniq Electric is very viably due to the processing of the decrease in cost of Hyundai Accent in compared to the Hyundai Ioniq Electric. But the major issue of usage of the processing of the processing of the car management ensures the fact that the processing of the management of the car is much more efficient over the Hyundai Accent. In the cost of a few thousand $s, the impact off the Hyundai Ioniq Electric has been much higher in the processing of the driving the car. This ensures the fact that the driving management of the car is comparatively higher than the Hyundai Accent. the Hyundai Ioniq Electric has better mileage dealing to the fact that the cost incurred in the processing of the fuel management is much more efficient in Hyundai Ioniq Electric that that of the Hyundai Accent. This leads to the fact that the obvious choice is Hyundai Ioniq Electric.

The cost analysis of the possible expenses for a Hyundai Ioniq Electric is broken down in the following table.

5 Year Details

           
 

Year 1

Year 2

Year 3

Year 4

Year 5

5 Years Total

Depreciation

 $         15,504

 $      2,500

 $    2,350

 $    2,200

 $    1,800

 $         24,354

Taxes & Fees

 $            2,250

 $         100

 $        100

 $        100

 $        100

 $           2,650

Financing

 $            2,350

 $      2,000

 $    1,750

 $    1,645

 $    1,200

 $           8,945

Fuel

 $                   -  

 $             -  

 $           -  

 $           -  

 $           -  

 $                  -  

Insurance

 $            1,500

 $      1,550

 $    1,610

 $    1,680

 $    1,760

 $           8,100

Maintenance

 $                  25

 $         125

 $        250

 $        275

 $        350

 $           1,025

Repairs

 $                   -  

 $             -  

 $           -  

 $           -  

 $        150

 $               150

Tax Credit

 $                   -  

 $             -  

 $           -  

 $           -  

 $           -  

 $                  -  

True Cost

 $         21,629

 $      6,275

 $    6,060

 $    5,900

 $    5,360

 $         45,224

Conclusion

Finally, it can be concluded that analyzing all the features of the three cars, the best car for Highlanders that will be suitable for current as well as the future market in the Hyundai Ioniq Electric. KIA cadenza is one of the most premium model that is launched by the organization in the year of the 2018, it is the advanced version of the cadenza 2016 model. The car has many of the more advance features. The price of the Car is nearly $31000 which is a bit high price for the segment. The accessories that the organization provides in the car are of very much standard that is expected of the organization. The AC system in the car is of the standard quality providing the multi zone ac feature. The security system of the car is also a standard one including the FM radio. Other than this the car comes with an optional wooden finish providing best interior looks. The chassis of the car is approximately having curb weight of the 3633kg, which is not too much heavy for the car. The car is very much spacious for 5 persons to fit in. The Hyundai Access is one of the best in class and popular cars available in the market made by the Hyundai.  The car has a chassis of 2502 m which is smaller in this segment of the cars. One of the most advanced features that the car is providing is the torsion beam suspension. This is one of the most premium features that the car is providing. The car is providing a front wheel size of the 185 circumference also the spare wheel size of the car is approximately equal of the size. Due to the small size of the car it is providing a very small turning radius of approximately 33.5m. The car is having a very much efficient disk brake system with the advanced ABS system. The Hyundai Ioniq Electric model incurs the transmission of the model in the processing of the single speed methodology. The Carbon dioxide emission is least in this model as electricity is used instead of regular fossil fuel. The carbon dioxide emission in the processing of the travelling of the car for entire one year is the least compared to the processing of any other model of cars present in the globe. This will ensure the fact that the prosecution of the car that will not be hazardous effluents. Furthermore, as per the specifications of this car, the pollution generation will be least leading to the general concept that it will be environment friendly in nature. The engine that has been used in the processing of the car is electric in nature. Analyzing all these factors as well as analyzing the economic aspect of the three cars, the most feasible choice for Highlanders Courier Limited. In addition to the business aspects of this car, it is also environment friendly and does not require fossil fuels to run and these types of electric cars will soon be of heavy demand in the car rental and dealership business.

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Cite This Work

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My Assignment Help. (2019). Comparison Of KIA Cadenza, Hyundai Accent, And Hyundai Ioniq Electric: Technical Specifications And Recommendations. Retrieved from https://myassignmenthelp.com/free-samples/vehicle-design-and-selection-of-marginal-emissions.

"Comparison Of KIA Cadenza, Hyundai Accent, And Hyundai Ioniq Electric: Technical Specifications And Recommendations." My Assignment Help, 2019, https://myassignmenthelp.com/free-samples/vehicle-design-and-selection-of-marginal-emissions.

My Assignment Help (2019) Comparison Of KIA Cadenza, Hyundai Accent, And Hyundai Ioniq Electric: Technical Specifications And Recommendations [Online]. Available from: https://myassignmenthelp.com/free-samples/vehicle-design-and-selection-of-marginal-emissions
[Accessed 26 April 2024].

My Assignment Help. 'Comparison Of KIA Cadenza, Hyundai Accent, And Hyundai Ioniq Electric: Technical Specifications And Recommendations' (My Assignment Help, 2019) <https://myassignmenthelp.com/free-samples/vehicle-design-and-selection-of-marginal-emissions> accessed 26 April 2024.

My Assignment Help. Comparison Of KIA Cadenza, Hyundai Accent, And Hyundai Ioniq Electric: Technical Specifications And Recommendations [Internet]. My Assignment Help. 2019 [cited 26 April 2024]. Available from: https://myassignmenthelp.com/free-samples/vehicle-design-and-selection-of-marginal-emissions.

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