Hyundai Elantra Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Hyundai Elantra cars has fallen during the last 6 months we have analyzed. In December the average price per vehicle is AED 33,046. During January the price went trough a strong deflation till AED 27,303. During the following two months (February, March) the average selling price rose somewhat going from AED 30,174.5 to AED 34,309. In the last two months, the price has gone through a strong devaluation of -22 % compared to the 4 previous average values going down from AED 32,241.75 to AED 25,071.5.
The average price for Hyundai Elantra has gone through a significant depreciation in recent years. During 2017 and 2017, the average price was AED 30,183. During this period, prices pretty much remained constant. During the following two years, cars belonging to the brand aforementioned had a strong deflation in their selling price of -29 % compared to the previous period. During the last two years, the car industry has had a strong deflation in its selling prices of -17 % compared to the average values for the previous 4 years. This has been obtained from analysing the prices for the the preceding four years in a previous sample (AED 18,425.25) and the the last two years (2022, 2023) with a price of AED 15,362.
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 48 % more affordable than the average price (AED 20,811). Next with a price of AED 22,400 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 138% more costly than the average market value followed by those vehicles with a mileage of "100,000 - 200,000" and a price of AED 33,599.
The graph displaying the average price for vehicles with doors shows that Hyundai Elantra automobiles with the cheapest price have 2 doors. They are 86 % cheaper than the average price for this model priced at AED 2,831. Cars with the the highest price have 4 doors and are 33 % more expensive than the average mentioned before.