Hyundai Sonata 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 Sonata cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was $41,473. November went through a strong inflation with a rise in the price till $50,329. During the following two months (December, January) the average selling price experienced a noticeable rise, going up 24 % from $45,901 to $56,887. In the last two, the price has gone through a -5 % devaluation compared to the previous average values going down from $51,394 to $48,605 during February and March.
The average price for Hyundai Sonata has had a strong rise in recent years. Between "before 2000" and 2020, the average price is $15,415.67. There was a significant inflation of the average price in "before 2000" ($10,874) moving up till ($31,784)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 119 %. 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 ($36,229.75) and the the last two years that were studied (2023, 2024) with a price of $38,719.
The graph that displays the price for Hyundai Sonata 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 90 % more affordable than the average price ($49,235). Next with a price of $17,895 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 20% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at $30,366.
The graph showing the average price for the fuel type for Hyundai Sonata cars points out to "Diesel" as being the cheapest fuel type. It is 79 % less expensive than the average market price ($49,235) followed by "Flexible" priced at $28,853. On average the cheapest type of fuel is "Gasoline". It´s price is 29 % more affordable than the average market value followed by "Hybrid" with a price of $32,220.