Hyundai I30 Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Hyundai I30 cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is R 103 565. During November the price went trough a strong deflation till R 75 363. The average selling price has remained fairly constant during the following two months, going from R 89 464 to R 86 157. During the last couple of months, the average price has hardly changed, remaining the same going from R 87 810,5 to R 90 372,5 during February and March.
The average price for Hyundai I30 has had a strong rise in recent years. Between 2010 and 2019, the average price is R 99 261,22. There was a significant inflation of the average price in 2010 (R 75 300) moving up till (R 95 333)in 2019. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -19 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 43 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample (R 141 233,75) and the the last two years that have been analyzed (2022, 2023) with a price of R 201 583,5.
The graph that displays the price for Hyundai I30 cars according to their mileage shows that those cars within a mileage range of "less than 10 000" are the ones with the lowest price. They are 47 % more affordable than the average price (R 93 673). Next with a price of R 109 613 and a mileage range of "100 000 - 200 000" we would see the following vehicles. The mileage range for the most expensive cars is "25 000 - 50 000". It is 260% more costly than the average market value followed by those vehicles with a mileage of "50 000 - 100 000" and a price of R 122 277.