The anticipated depreciation over the following ten years is shown in the figure below. These outcomes apply to cars that travel 12,000 miles annually on average and are in good condition. Additionally, it counts on a $31,801 initial selling price. Enter the purchase price, anticipated length of ownership, and yearly mileage estimate. We can estimate the Hyundai Sonata’s projected resale value using our depreciation calculator.
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A sedan’s highest residual value
When purchasing a new vehicle, there are a lot of factors to take into account. Price, features, reliability, performance, and efficiency are what most buyers will pay attention to. Few people, however, think about how much the car will be worth when your ownership is through.
After all, you’ll want to have faith that you’ll be able to sell the car for a profit when the time comes for you to trade it in for a new Hyundai. It turns out that the 2021 Hyundai Sonata is a wonderful car to buy if you’re thinking about the residual value of the next car you buy. That’s what’s known as residual value.
Are Hyundais worth a lot when sold used?
The best way to characterize Hyundai’s resale value is as average; it’s not the best, but it’s also not very noteworthy either. At years 5 and 7, the Hyundai Tucson does perform better than average, and years 5 and 7 of the Elantra also show a little improvement. However, the Sonata is not a standout in the Hyundai portfolio because it performs significantly worse than average five years after purchase.
Our top choice for the Hyundai model year with the best value is the 2020. With the 2020, you would only pay, on average, 87% of the cost when new, and the car would still have 83% of its usable life.
For the Hyundai models, the 2019 and 2017 model years are also appealing and offer a fair price. Our rankings take into account a number of variables, such as the original new price, the current price, maintenance expenditures, and the remaining years of anticipated overall spending. Our top-ranked model year is the Hyundai model that offers the best value for the money.
Hyundai Sonatas: Reliable vehicles?
With a reliability rating of 4.0 out of 5, the Hyundai Sonata is ranked fifth among 24 midsize automobiles. Its great ownership costs are reflected in the $458 average yearly repair cost.
What issues are there with Hyundai Sonatas?
- Defective ZF-TRW Crash Sensor.
- Fire ABS.
- Rats Chew the Soy Wiring from Hyundai.
- Seatbelts Disconnect in a Crash.
- Blue Link Feature of Standard?
- Hyundai Theta II Engine Seizing, Sludge, and Knocking.
- Exploding Panoramic Sunroof
- Self-Peeling Paint from Hyundai
Is the Hyundai Sonata going out of production?
In the upcoming years, Hyundai may remove the Sonata moniker from its lineup of international models, according to a media report.
According to reports, Hyundai is not creating a Sonata for a new generation. The automobile, however, is anticipated to see one more makeover before being finally discontinued around 2025. The current Hyundai Sonata is part of the eighth generation, which debuted back in 2020.
The current-generation Hyundai Sonata is available with two gasoline engines and a hybrid powertrain in other countries. The brand is rumored to be phased out the sedan in favor of EVs. The Ioniq 6 EV, which Hyundai is presently developing and may eventually replace the Sonata in its lineup, will go on sale soon.
According to reports, the product’s poor sales may have also been a factor in its cancellation. In comparison to the preceding models, which sold over a million units, the Hyundai Sonata sedan is reported to have sold only 4,40,000 units in the last three years. With almost 9 million units sold since its 1985 debut, the sedan is one of Korea’s most durable vehicles.
How long does the typical Hyundai Sonata last?
In my search for a new vehicle, the Hyundai Sonata drew my attention. I believe itad be ideal, but I keep hearing how unreliable ita is. How long should a Hyundai Sonata last, exactly?
In less than two minutes, find out if your auto insurance is being overcharged.
The Hyundai Sonata is one of the most durable vehicles available because to its reputation for dependability and minimal maintenance expenses. In actuality, Sonatas are frequently reported to endure between 200,000 and 250,000 kilometers. Even some owners claim that their Sonata has lasted for well over 300,000 miles.
Given that the typical American drives 15,000 miles per year, it is reasonable to assume that your Hyundai Sonata will last between 13 and 17 years. Of course, you can only expect your car to last that long if you maintain it properly.
Although they may keep up reasonably well over time, cars are still just machines. Without routine maintenance, your car is likely to break down soon. To further understand what a proper maintenance schedule comprises, consider the following major auto maintenance tasks:
- freshening air filters
- Check the belts and hoses.
- Change and cleanse the fluids
- turn the tires
- alter the spark plugs
Remember that maintaining your Hyundai Sonata on a regular basis can help you keep it in peak condition for as long as feasible. However, no amount of maintenance will be able to keep you safe from auto accidents. Use the Jerry app to get the auto insurance you require at the most affordable price to guarantee that you always have the resources to repair your Sonata.
The Jerry app, a certified broker, assists customers in quickly comparing customised rates from more than 50 leading companies, including Progressive and Allstate. When you locate a quote you like, Jerry may assist you with changing coverage and even in terminating your current insurance. Jerrya users save $887 on average year on auto insurance, and signing up only takes a minute.
Does Kia outperform Hyundai?
The conclusion is that, despite the similarity of the vehicles offered by Hyundai and Kia, Kia models offer greater value and better quality, as well as bolder style and a more engaging driving experience. Simply put, no matter what you value most in a car, Kia automobiles are better overall. Of course, it is ultimately up to you to decide. We recognize that purchasing a new car is a significant investment. We advise you to test drive both brands since we are certain that you will ultimately decide on a Kia. Any way you look at it, it’s unquestionably the better option. Please forgive me, Hyundai.
Does Sonata merit purchase?
In fact, the Hyundai Sonata is a great vehicle. With the exception of the strong turbo-four in the N Line, its engines are a little lackluster, and competitors are more enjoyable to drive. Most of this sedan’s problems are minor. The Sonata features one of the best cabins in the midsize car class and gets good gas mileage.
Do Hyundai Sonatas have issues with the transmission?
The transmission of the Hyundai Sonata is one of the most frequently mentioned problems. Drivers have mentioned concerns with the transmission not shifting properly when it comes to Hyundai Sonata transmission troubles. Typically, malfunctioning speed sensors are to blame for this, which turns on the Check Engine light. Fortunately, resolving this problem is relatively simple and affordable.
Low transmission fluid levels may be the blame for transmission problems, according to other Sonata owners who have experienced them. They were able to fix the shifting problem by ensuring sure the transmission fluid level was appropriate. Other drivers discovered that fixing the transmission problem also required updating the vehicle’s software.
What model sells the most units for Hyundai?
One of the few automakers in the US whose best-selling vehicle is still a sedan is Hyundai.
Despite a 4.9% reduction in sales since 2016, or 10,000 sales, the Elantra still outsells Hyundai’s next best-selling model by more than 60,000 units, which undoubtedly had an impact on Hyundai’s overall sales total for the year.
The current-generation Elantra was introduced in February 2016 for the 2017 model year, thus age is not an issue here.
Sales decreased from 2015 to 2016, as is common when a new model is introduced, but it’s possible that the Elantra is just one of the casualties of consumers’ desire shifting more and more in favor of high-riding SUVs and crossovers.
Camry or the Hyundai Sonata: which is superior?
Strengths comparison for the sonata. Benefits of the Camry include improved handling, available all-wheel drive, and resale value. Benefits of the Sonata include a larger cabin, a guarantee, and lower prices for top trims.
What does a Hyundai Sonata have high mileage?
You’ll need a dependable, durable car if you need to put some miles on it, whether for work or personal use. Before experiencing significant engine problems, a gas-powered vehicle that has been properly maintained can drive around 200,000 miles. However, some well-maintained cars can travel up to 250,000 miles or more. One such vehicle is the Hyundai Sonata.
And a Sonata might be the midsize sedan for you if you’re a traveling sales representative, Uber driver, frequent traveler, or miser who drives their automobiles until they break down.
How does Hyundai compare to Honda?
All of Hyundai’s vehicles received at least a 3.5 out of 5 rating in the U.S. News reliability ratings, making them more trustworthy than Honda automobiles. In contrast, only 3 Honda automobiles achieved a grade of 3.0 out of 5.
In an effort to attract more customers, Hyundai provides a longer warranty than Honda. A 5-year/60,000-mile basic warranty and a 10-year/100,000-mile powertrain warranty are both provided by the Hyundai brand.
A 3-year/36,000-mile basic warranty and a 5-year/60,000-mile powertrain warranty are both provided by Honda.
Honda doesn’t necessarily need to work as hard to acquire customers’ trust, according to the argument that it has established for itself. However, Hyundai continually outperforms expectations with its products and after-sales services.
Sonata versus Elantra: Which vehicle is superior?
Price and size are the key variations. The Sonata will suit your needs better if you have the money and require a sedan with a roomier interior. The Hyundai Elantra is the victor in this comparison due to its similar features, lower cost, and more effective engines.
Toyota versus Hyundai: which is the superior brand?
Cost-to-Own Toyota Hyundai cars offer a better bargain if you’re looking for the highest quality at the most affordable price. In fact, Hyundai won the Kelley Blue Book 5-Year Cost to Own Awards in 2016 as the best overall brand.
How long does a Hyundai Sonata’s transmission last?
The manner a Hyundai Sonata transmission is maintained will determine how long it lasts. A Hyundai Sonata that has been well-maintained typically has a 200,000-mile lifespan. If you’ve properly maintained it, that is. A Hyundai Sonata may occasionally travel more than 250,000 miles without experiencing any issues. As a result, the Hyundai Sonata is among the most trustworthy mid-size vehicles available.
It’s crucial to periodically check the transmission fluid and use the right kind of transmission fluid if you want to maintain a car effectively. The lifespan of your Hyundai’s transmission will be extended if you regularly flush it.
Which vehicle is superior, the Hyundai Sonata or the Honda Accord?
The Honda Accord consistently earns the KBB Best Buy Award because to its variety of engines (including a hybrid), big cabin, and outstanding reputation for dependability and build quality.