Hyundai Sonata Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Hyundai Sonata cars have remained constant in the last 6 months. The average price in October was of R 100 209. This price hardly went through any changes and remained at R 100 632 during November. The average selling price has remained fairly constant during the following two months, going from R 100 420,5 to R 97 917,5. In the last two, the price has gone through a -7 % devaluation compared to the previous average values going down from R 99 169 to R 91 888,5 during February and March.
The average price for Hyundai Sonata has had a strong rise in recent years. Between "before 2000" and 2010, the average price is R 53 375. There was a significant inflation of the average price in "before 2000" (R 21 750) moving up till (R 85 000)in 2010. During the next two years (2011, 2012) the price for the aforementioned model has gone up strongly a 120 %. During the last two years, prices in the car industry have experienced a depreciation of -9 % 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 107 972) and the the last two years analyzed (2013, 2014) with a price of R 98 597.
The graph that displays the price for Hyundai Sonata 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 42 % more affordable than the average price (R 89 843). Next with a price of R 83 396 and a mileage range of "100 000 - 200 000" we would see the following vehicles. The mileage range for the most expensive cars is "50 000 - 100 000". It is 56% more costly than the average market value followed by those vehicles with a mileage of "less than 10 000" and a price of R 84 894.