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. The average price in September was of $41,647. This price hardly went through any changes and remained at $41,473 during October. During the following two months (November, December) the average selling price experienced a noticeable rise, going up 21 % from $41,560 to $50,390. The average price has had spectacular rise of 21 % with an average price of $45,975 during the previous 4 months and $55,649 during the most recent months in January and February.
The average price for Hyundai Sonata has had a strong rise in recent years. Between "before 2000" and 2020, the average price is $15,185.14. There was a significant inflation of the average price in "before 2000" ($11,874) moving up till ($31,081)in 2020. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 121 %. During the last two years, prices in the car industry have gone up 6 % 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 ($35,652.5) and the the last two years that were studied (2023, 2024) with a price of $37,781.
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 ($47,975). Next with a price of $21,592 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 $30,256.
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 ($47,975) followed by "Flexible" priced at $29,183. On average the cheapest type of fuel is "Gasoline". It´s price is 27 % more affordable than the average market value followed by "Hybrid" with a price of $31,972.