The Korea Times
Need some new wheels? You can buy a new 2026 Jaecoo J5 compact SUV for the equivalent of just $18,400, out the door, all fees and taxes included and with a list of features that includes keyless entry, LED lighting, six-speaker audio, adaptive cruise control and an 8-year warranty. If you are lucky enough to live in Australia. Here in America, the search for a new car with a sticker price under $20,000 offers you a choice of precisely one vehicle out of the hundreds to be found at your local dealership. That would be the bare-bones Nissan Versa, still far more expensive than the Jaecoo, once destination and other fees are added. The cheapest compact SUV on offer in the U.S.? That’s most likely the Mitsubishi Eclipse Cross, costing at least $30,000 out the door. If you get suckered into the extended warranty, probably more. Aussies who are sick of the elevated price of gas, by the way, can buy an electric version of that Jaecoo J5 for just $5,000 more, massively undercutting Hyundai’s Kona Electric, likely the cheapest electric SUV you can find in the U.S. Why the disparity? The simpl
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