Hyundai ELANTRA Resale Value and Depreciation
See how much the Hyundai ELANTRA depreciates and retains its value over a 3-, 5-, 7- and 10-year timeframe.
Depreciation is the single largest factor in the cost of owning a vehicle. That means knowing how much a vehicle depreciates over time and how well it will hold its value is important. iSeeCars analyzed over 15 million vehicles to determine how much each model depreciates over a 3-, 5-, 7- and 10-year period. Typically, five years is the timeframe used to evaluate and compare depreciation across vehicles.
A new Hyundai ELANTRA depreciates 36.4 percent after five years, resulting in a resale value of $14,519. In comparison, the compact car category, which the Hyundai ELANTRA belongs to, loses 30.5 percent of its value after five years. For further context, the five-year depreciation for all sedans is 40 percent and for all vehicles is 41.7 percent.
If you plan to drive a new Hyundai ELANTRA for shorter or longer than five years, check the depreciation data for the other time periods. After three years, an Hyundai ELANTRA sees a depreciation of 16.6 percent with a resale value of $19,027. Its 7-year depreciation is 46.7 percent and 10-year depreciation is 62.5 percent.
Depreciation is the single largest factor in the cost of owning a vehicle. That means knowing how much a vehicle depreciates over time and how well it will hold its value is important. iSeeCars analyzed over 15 million vehicles to determine how much each model depreciates over a 3-, 5-, 7- and 10-year period. Typically, five years is the timeframe used to evaluate and compare depreciation across vehicles.
A new Hyundai ELANTRA depreciates 36.4 percent after five years, resulting in a resale value of $14,519. In comparison, the compact car category, which the Hyundai ELANTRA belongs to, loses 30.5 percent of its value after five years. For further context, the five-year depreciation for all sedans is 40 percent and for all vehicles is 41.7 percent.
If you plan to drive a new Hyundai ELANTRA for shorter or longer than five years, check the depreciation data for the other time periods. After three years, an Hyundai ELANTRA sees a depreciation of 16.6 percent with a resale value of $19,027. Its 7-year depreciation is 46.7 percent and 10-year depreciation is 62.5 percent.
Hyundai ELANTRA Depreciation After 3, 5, 7 and 10 Years
Hyundai ELANTRA Depreciation and Resale Value
| Vehicle Age | % Depreciation | $ Depreciation | % Residual Value | $ Residual Value |
|---|---|---|---|---|
|
3 Years |
0.1663980502 |
3798.035495815 |
0.8336019498 |
19026.964504185 |
|
5 Years |
0.3639094346 |
8306.232844745 |
0.6360905654 |
14518.767155255 |
|
7 Years |
0.4671618088 |
10662.96828586 |
0.5328381912 |
12162.03171414 |
|
10 Years |
0.6252197035 |
14270.6397323875 |
0.3747802965 |
8554.3602676125 |
Hyundai ELANTRA Depreciation Comparison
| 3-Year Depreciation | 5-Year Depreciation | 7-Year Depreciation | 10-Year Depreciation | |
|---|---|---|---|---|
|
Hyundai ELANTRA |
0.1663980502 |
0.3639094346 |
0.4671618088 |
0.6252197035 |
|
All Compact Cars |
0.1205238891123875 |
0.3054385258293898 |
0.4123944351228412 |
0.5402496786301824 |
|
All Sedans |
0.242806461102629 |
0.3998757313826054 |
0.5076429493206805 |
0.6362355787814005 |
|
All Cars |
0.2479009430045714 |
0.4169516770977099 |
0.5250555738469359 |
0.6511538004448022 |
Related Lists
Methodology
iSeeCars analyzed over 15 million vehicles to calculate the depreciation and resale value for each model after 3, 5, 7, and 10 years. The depreciation for a given model is calculated from the difference between the new car price and the used car price for the model at each age. Factors such as the car's automaker and vehicle segment are taken into account in iSeeCars' mathematical model to estimate resale value and depreciation. Various segment averages are also calculated for context.