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 August the average price per vehicle is ₱ 732,188. During September the price went trough a strong deflation till ₱ 568,486. The following two months the selling price went through a strong reduction of -52 % compared to the previous two months studied. The average price has had spectacular rise of 32 % with an average price of ₱ 480,461.25 during the previous 4 months and ₱ 636,556.5 during the most recent months in December and January.
The average price for Hyundai Elantra has had a strong rise in recent years. Between "before 2000" and 2015, the average price is ₱ 344,396.5. There was a significant inflation of the average price in "before 2000" (₱ 115,000) moving up till (₱ 440,000)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 50 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₱ 524,281.75 in 2018 and ₱ 533,266.5 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 "100,000 - 200,000" are the ones with the lowest price. They are 58 % more affordable than the average price (₱ 643,613). Next with a price of ₱ 383,587 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 10% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 520,264.
The graph showing the average price for the fuel type for Hyundai Elantra cars points out to "Gasoline" as being the cheapest fuel type. It is 58 % less expensive than the average market price (₱ 643,613) followed by "Diesel" priced at ₱ 284,833. On average the cheapest type of fuel is "Diesel". It´s price is 56 % more affordable than the average market value followed by "Gasoline" with a price of ₱ 273,533.