Price for Hyundai Elantra
Hyundai Elantra Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Hyundai Elantra cars has fallen during the last 6 months we have analyzed. The average price in October was of R 192 977. This price hardly went through any changes and remained at R 186 842 during November. The following two months (December, January) the selling price went through a devaluation of -6 percent in the average selling price compared to the previous two months analyzed. During the last couple of months, the average price has hardly changed, remaining the same going from R 184 366,25 to R 181 473,5 during February and March.
The average price for Hyundai Elantra has had a strong rise in recent years. Between "before 2000" and 2016, the average price is R 91 989,38. There was a significant inflation of the average price in "before 2000" (R 32 167) moving up till (R 109 215)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 99 %. During the last two years, prices in the car industry have experienced a depreciation of -8 % compared to the average prices for the previous 4 years. This has been obtained from prices from the the previous four years in a previous sample (R 169 444) and the the last two years analyzed (2019, 2021) with a price of R 156 027.
The graph that displays the price for Hyundai Elantra cars according to their mileage shows that those cars within a mileage range of "more than 200 000" are the ones with the lowest price. They are 70 % more affordable than the average price (R 188 586). Next with a price of R 82 605 and a mileage range of "less than 10 000" we would see the following vehicles. The mileage range for the most expensive cars is "10 000 - 25 000". It is 22% more costly than the average market value followed by those vehicles with a mileage of "25 000 - 50 000" and a price of R 172 361.
