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 July the average price per vehicle is ₱ 550,595. During August the price went trough a strong deflation till ₱ 456,025. The following two months the selling price went through a strong reduction of -19 % compared to the previous two months studied. In the last two, the price has gone through a -12 % devaluation compared to the previous average values going down from ₱ 455,256.5 to ₱ 399,620 during November and December.
The average price for Hyundai Elantra has had a strong rise in recent years. Between "before 2000" and 2015, the average price is ₱ 269,556. There was a significant inflation of the average price in "before 2000" (₱ 60,000) moving up till (₱ 222,500)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 113 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₱ 553,313.75 in 2018 and ₱ 531,916.5 during 2019.
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 9 % more affordable than the average price (₱ 376,081). Next with a price of ₱ 361,250 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 29% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 390,556.
The graph showing the average price for the fuel type for Hyundai Elantra cars points out to "Diesel" as being the cheapest fuel type. It is 38 % less expensive than the average market price (₱ 376,081) followed by "Gasoline" priced at ₱ 356,806. On average the cheapest type of fuel is "Gasoline". It´s price is 5 % more affordable than the average market value followed by "Diesel" with a price of ₱ 234,412.