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. The average price in September was of ₱ 281,094. This price hardly went through any changes and remained at ₱ 294,883 during October. The average selling price has remained fairly constant during the following two months, going from ₱ 287,988.5 to ₱ 278,278. The average price has had spectacular rise of 38 % with an average price of ₱ 283,133.25 during the previous 4 months and ₱ 391,671.5 during the most recent months in January and February.
The average price for Hyundai Elantra has had a strong rise in recent years. Between "before 2000" and 2013, the average price is ₱ 231,833.25. There was a significant inflation of the average price in "before 2000" (₱ 110,000) moving up till (₱ 310,533)in 2013. During the next two years (2014, 2016) the price for the aforementioned model has gone up strongly a 62 %. During the last two years, prices in the car industry have gone up 10 % 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 (₱ 418,024.75) and the the last two years that were studied (2017, 2018) with a price of ₱ 460,521.
The graph that displays the price for Hyundai Elantra cars according to their mileage shows that those cars within a mileage range of "50,000 - 100,000" are the ones with the lowest price. They are 17 % more affordable than the average price (₱ 404,728). Next with a price of ₱ 358,700 and a mileage range of "25,000 - 50,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 25% more costly than the average market value followed by those vehicles with a mileage of "less than 10,000" and a price of ₱ 368,548.
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 41 % less expensive than the average market price (₱ 404,728) followed by "Gasoline" priced at ₱ 306,327. On average the cheapest type of fuel is "Gasoline". It´s price is 24 % more affordable than the average market value followed by "Diesel" with a price of ₱ 239,818.