Hyundai Genesis Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Hyundai Genesis cars has had a strong depreciation during the last 6 months we have studied. The average price for May is $34,381. During June there was a slight reduction in the selling prices dropping till $30,070. The following two months the selling price went through a strong reduction of -16 % compared to the previous two months studied. In the last two, the price has gone through a -9 % devaluation compared to the previous average values going down from $29,666.5 to $27,136 during September and October.
The average price for Hyundai Genesis has had a strong rise in recent years. Between 2008 and 2014, the average price is $11,797.86. There was a significant inflation of the average price in 2008 ($9,958) moving up till ($17,015)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 113 %. 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 ($27,130) and the the last two years that were studied (2017, 2018) with a price of $29,155.
The graph that displays the price for Hyundai Genesis 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 78 % more affordable than the average price ($27,151). Next with a price of $13,273 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most affordable cars is "25,000 - 50,000". It is 3% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $23,535.
The graph showing the average price for the fuel type for Hyundai Genesis cars points out to "Gasoline" as being the cheapest fuel type. It is 23 % less expensive than the average market price ($27,151) followed by "Flexible Fuel" priced at $21,909. On average the cheapest type of fuel is "Gas". It´s price is 14 % more affordable than the average market value followed by "Flexible Fuel" with a price of $21,909.