Price for Hyundai Elantra
Hyundai Elantra 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 Elantra cars has had a strong depreciation during the last 6 months we have studied. In June the average price per vehicle is AED 21,029. During July the price went trough a strong deflation till AED 17,854. 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 -8 % devaluation compared to the previous average values going down from AED 17,879.25 to AED 16,487 during October and November.
The average price for Hyundai Elantra has had a strong rise in recent years. Between 2009 and 2019, the average price is AED 28,033.57. There was a significant inflation of the average price in 2009 (AED 11,000) moving up till (AED 34,136)in 2019. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -91 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 57 % 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 (AED 5,806.25) and the the last two years that have been analyzed (2022, 2023) with a price of AED 9,094.5.
The graph that displays the price for Hyundai Elantra cars according to their mileage shows that those cars within a mileage range of "less than 10,000" are the ones with the lowest price. They are 84 % more affordable than the average price (AED 17,911). Next with a price of AED 16,643 and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "25,000 - 50,000". It is 128% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of AED 37,599.
The graph showing the average price for Hyundai Elantra cars displays those with 2 doors as the cheapest ones. They are 83 % more affordable than the average price (AED 17,911). These are followed by those with 4 doors with an average price of AED 32,174. Cars with the the highest price have 5 doors and are 103 % more expensive than the average mentioned before.
