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 May the average price was $59,119. June went through a strong inflation with a rise in the price till $999,507. During the following two months (July, August) the average selling price experienced a noticeable rise, going up 84 % from $529,313 to $971,663. In the last two months, the price has gone through a strong devaluation of -64 % compared to the 4 previous average values going down from $750,488 to $267,824.5.
The average price for Hyundai has had a strong rise in recent years. Between "before 2000" and 2017, the average price is $19,466.74. There was a significant inflation of the average price in "before 2000" ($12,396) moving up till ($35,676)in 2017. During the next two years (2018, 2019) the price for the aforementioned model has gone up strongly a 88 %. During the last two years, prices in the car industry have gone through a strong rise of 20 % 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 ($45,725.75) and the the last two years that have been analyzed (2020, 2021) with a price of $54,778.5.
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 98 % more affordable than the average price ($472,481). Next with a price of $49,779 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most affordable cars is "50,000 - 100,000". It is 62% less expensive than the average market value followed by those cars with a mileage of "100,000 - 200,000" priced at $102,819.
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 93 % less expensive than the average market price ($472,481) followed by "Electric" priced at $41,868. On average the cheapest type of fuel is "Gas". It´s price is 89 % more affordable than the average market value followed by "Gasoline" with a price of $51,233.
The graph showing the average price for Hyundai cars displays those with 2 doors as the cheapest ones. They are 97 % more affordable than the average price ($472,481). These are followed by those with 3 doors with an average price of $32,361. Cars with the lowest price have 4 doors and are 88 % cheaper than the average previously displayed.