Hyundai Santa Fe 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 Santa Fe cars has fallen during the last 6 months we have analyzed. The average price in October was of R 407 223. This price hardly went through any changes and remained at R 413 355 during November. The following two months (December, January) the selling price went through a devaluation of -14 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 381 499,75 to R 391 754 during February and March.
The average price for Hyundai Santa Fe has had a strong rise in recent years. Between 2006 and 2020, the average price is R 210 800,59. There was a significant inflation of the average price in 2006 (R 59 950) moving up till (R 440 707)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 157 %. During the last two years, prices in the car industry have gone through a strong rise of 17 % 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 651 927,75) and the the last two years that have been analyzed (2023, 2024) with a price of R 762 570,5.
The graph that displays the price for Hyundai Santa Fe 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 76 % more affordable than the average price (R 404 121). Next with a price of R 214 017 and a mileage range of "100 000 - 200 000" we would see the following vehicles. The mileage range for the most expensive cars is "10 000 - 25 000". It is 90% more costly than the average market value followed by those vehicles with a mileage of "25 000 - 50 000" and a price of R 597 456.