Hyundai Elantra Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Hyundai Elantra cars have increased during the last 6 months. In February the price for a car is ₱ 497,656 increasing till ₱ 559,400 in March. During the following two months (April, May) the average selling price rose somewhat going from ₱ 528,528 to ₱ 579,793. During the last couple of months, the average price has hardly changed, remaining the same going from ₱ 554,160.5 to ₱ 536,003 during June and July.
The average price for Hyundai Elantra has had a strong rise in recent years. Between "before 2000" and 2015, the average price is ₱ 394,125.34. There was a significant inflation of the average price in "before 2000" (₱ 121,000) moving up till (₱ 592,333)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 39 %. During the last two years, prices in the car industry have gone up 7 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample (₱ 586,522.5) and the the last two years that were studied (2018, 2019) with a price of ₱ 627,008.
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 66 % more affordable than the average price (₱ 550,595). Next with a price of ₱ 346,450 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 5% less expensive than the average market value followed by those cars with a mileage of "less than 10,000" priced at ₱ 427,692.
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 50 % less expensive than the average market price (₱ 550,595) followed by "Gasoline" priced at ₱ 432,307. On average the most expensive type of fuel is "Gas". It´s price is 17 % higher than the average market price followed by "Gasoline" which costs ₱ 432,307.