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 February the average price per vehicle is AED 32,926. During March the price went trough a strong deflation till AED 25,190. The following two months (April, May) the selling price went through a devaluation of -10 percent in the average selling price compared to the previous two months analyzed. In the last two, the price has gone through a -11 % devaluation compared to the previous average values going down from AED 27,645.5 to AED 24,533 during June and July.
The average price for Hyundai Elantra has had a strong rise in recent years. During 2014 and 2016, the average price was AED 20,000. During this period, prices pretty much remained constant. During the next two years (2017, 2018), the average price went up 15 % moving from !PRECIO1! to AED 22,906, During the last two years, prices in the car industry have gone through a strong rise of 45 % 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 41,997.5) and the the last two years that have been analyzed (2019, 2020) with a price of AED 61,089.
The graph that displays the price for Hyundai Elantra cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 2 % more affordable than the average price (AED 25,419). Next with a price of AED 25,589 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 56% more costly than the average market value followed by those vehicles with a mileage of "50,000 - 100,000" and a price of AED 33,933.
"Gasoline" priced at AED 33,500 is the most expensive fuel type when taking into account the average fuel price for Hyundai Elantra cars. It is is 32 % dearer than the average selling price (!PRECIO2!). "Gasoline" is the most expensive type of fuel and it is 32 % more costly than the average market value previously analyzed.
The graph displaying the average price for vehicles with doors shows that Hyundai Elantra automobiles with the cheapest price have 5 doors. They are 8 % cheaper than the average price for this model priced at AED 23,270. Cars with the lowest price have 4 doors and are 5 % cheaper than the average previously displayed.