When 24-year-old Elena Aragon set out to buy a new car, she reviewed a range of no-frills brands in her home town of Cadiz (NASDAQ:CDZI), Spain, including Stellantis (NYSE:STLA)' Fiat (BIT:STLAM) and Peugeot (OTC:PUGOY).

In the end, she bought a Hyundai (OTC:HYMTF).

"The basic models for Fiat and Peugeot didn't appeal to me. But the more advanced ones, with the features I wanted, were too expensive," said Aragon, who opted to buy an i20 compact car with sensors for blind spots and a rear-view camera.

"I got a sweet discount and ended up paying 17,000 euros," the instructor at an air traffic controller school said.

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