Hyundai Sonata 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 Sonata cars have gone through a strong rise during the last 6 months. The average price in December was of ₱ 305,061. This price hardly went through any changes and remained at ₱ 299,194 during January. During the following two months (February, March) the average selling price experienced a noticeable rise, going up 41 % from ₱ 302,127.5 to ₱ 424,745.5. The average price has had spectacular rise of 41 % with an average price of ₱ 363,436.5 during the previous 4 months and ₱ 512,975 during the most recent months in April and May.
The average price for Hyundai Sonata has had a strong rise in recent years. Between 2007 and 2010, the average price is ₱ 341,178.5. There was a significant inflation of the average price in 2007 (₱ 300,000) moving up till (₱ 382,357)in 2010. During the next two years (2011, 2012) the price for the aforementioned model has gone up strongly a 25 %. During the last two years, prices in the car industry have gone up 12 % 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 (₱ 480,876.5) and the the last two years that were studied (2013, 2014) with a price of ₱ 536,268.
The graph that displays the price for Hyundai Sonata 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 49 % more affordable than the average price (₱ 513,850). Next with a price of ₱ 422,171 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 20% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of ₱ 461,878.
The graph showing the average price for the fuel type for Hyundai Sonata cars points out to "Diesel" as being the cheapest fuel type. It is 50 % less expensive than the average market price (₱ 513,850) followed by "Gasoline" priced at ₱ 289,399. On average the cheapest type of fuel is "Gasoline". It´s price is 44 % more affordable than the average market value followed by "Diesel" with a price of ₱ 255,556.