Price for Hyundai
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. The average price in August was of $61,641. This price hardly went through any changes and remained at $63,047 during September. During the following two months (October, November) the average selling price rose somewhat going from $62,344 to $71,188.5. The average price has had spectacular rise of 41 % with an average price of $66,766.25 during the previous 4 months and $93,876.5 during the most recent months in December and January.
The average price for Hyundai has had a strong rise in recent years. Between "before 2000" and 2019, the average price is $21,967.33. There was a significant inflation of the average price in "before 2000" ($5,707) moving up till ($44,150)in 2019. During the next two years (2020, 2021) the price for the aforementioned model has gone up strongly a 139 %. 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 ($56,323.75) and the the last two years that were studied (2022, 2023) with a price of $60,184.5.
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 93 % more affordable than the average price ($118,126). Next with a price of $25,414 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 11% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $55,436.
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 62 % less expensive than the average market price ($118,126) followed by "Gas" priced at $48,644. On average the cheapest type of fuel is "Gasoline". It´s price is 52 % more affordable than the average market value followed by "Electric" with a price of $56,913.
The graph showing the average price for Hyundai cars displays those with 5 doors as the cheapest ones. They are 91 % more affordable than the average price ($118,126). These are followed by those with 2 doors with an average price of $17,313. Cars with the lowest average price have 4 !doors and are 52 % cheaper than the average followed by those with 3 doors with a selling price of $35,246.
