Hyundai Elantra 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 Elantra cars have gone through a strong rise during the last 6 months. In September the price for a car is $37,631 increasing till $41,341 in October. During the following two months (November, December) the average selling price experienced a noticeable rise, going up 26 % from $39,486 to $49,898. The average price has had spectacular rise of 28 % with an average price of $44,692 during the previous 4 months and $57,169.5 during the most recent months in January and February.
The average price for Hyundai Elantra has had a strong rise in recent years. Between 2000 and 2020, the average price is $12,314.95. There was a significant inflation of the average price in 2000 ($3,360) moving up till ($24,345)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 132 %. 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 ($30,608.75) and the the last two years that were studied (2023, 2024) with a price of $32,603.5.
The graph that displays the price for Hyundai Elantra 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 91 % more affordable than the average price ($59,653). Next with a price of $16,703 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 41% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $28,268.
The graph showing the average price for the fuel type for Hyundai Elantra cars points out to "Diesel" as being the cheapest fuel type. It is 83 % less expensive than the average market price ($59,653) followed by "Flexible" priced at $27,310. On average the cheapest type of fuel is "Gasoline". It´s price is 53 % more affordable than the average market value followed by "Hybrid" with a price of $28,209.