Hyundai Elantra 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 Elantra cars have gone through a strong rise during the last 6 months. In September the price for a car is AED 14,236 increasing till AED 15,063 in October. During the following two months (November, December) the average selling price experienced a noticeable rise, going up 27 % from AED 14,649.5 to AED 18,552. The average price has risen 9 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (AED 18,163.5) during January and February.
The average price for Hyundai Elantra has gone through a significant depreciation in recent years. During the first sample analyzed (2016 - 2019), the average selling price stood at AED 31,326.67. During this time, the price for 2016 which was AED 30,600 decreased to AED 28,713 during 2019. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -62 % compared to the previous period. During the last two years, prices in the car industry have gone through a strong rise of 20 % 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 14,807.25) and the the last two years that have been analyzed (2023, 2024) with a price of AED 17,789.
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 38 % more affordable than the average price (AED 17,601). Next with a price of AED 25,000 and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "50,000 - 100,000". It is 141% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of AED 39,400.
The graph showing the average price for Hyundai Elantra cars displays those with 2 doors as the cheapest ones. They are 85 % more affordable than the average price (AED 17,601). These are followed by those with 4 doors with an average price of AED 30,722. Cars with the the highest price have 5 doors and are 119 % more expensive than the average mentioned before.