Hyundai Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Hyundai cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was $93,017. November went through a strong inflation with a rise in the price till $113,675. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 66 % from $103,346 to $171,310. The average price has risen 10 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price ($151,374) during February and March.
The average price for Hyundai has had a strong rise in recent years. Between "before 2000" and 2020, the average price is $20,001.54. There was a significant inflation of the average price in "before 2000" ($5,207) moving up till ($47,689)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 155 %. During the last two years, prices in the car industry have gone up 7 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample ($54,938) and the the last two years that were studied (2023, 2024) with a price of $58,891.5.
The graph that displays the price for Hyundai 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 95 % more affordable than the average price ($161,655). Next with a price of $37,313 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 55% less expensive than the average market value followed by those cars with a mileage of "50,000 - 100,000" priced at $61,389.
The graph showing the average price for the fuel type for Hyundai cars points out to "Hybrid" as being the cheapest fuel type. It is 75 % less expensive than the average market price ($161,655) followed by "Gas" priced at $48,075. On average the cheapest type of fuel is "Gasoline". It´s price is 65 % more affordable than the average market value followed by "Electric" with a price of $55,692.
The graph showing the average price for Hyundai cars displays those with 2 doors as the cheapest ones. They are 94 % more affordable than the average price ($161,655). These are followed by those with 5 doors with an average price of $13,382. Cars with the lowest average price have 4 !doors and are 64 % cheaper than the average followed by those with 3 doors with a selling price of $15,155.