A Hyundai Santa Fe will lose one-third of its value from when it was new in three years. Despite being less expensive than its competitors in the showroom, it depreciates more quickly than most. If you’re looking in this market, give one of the Toyotas or Hondas a shot.
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 new-car selling price of $38,167. Enter the purchase price, anticipated length of ownership, and yearly mileage estimate. Our depreciation estimator will forecast the Hyundai Santa Fe’s anticipated resale value.
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The Santa Fe offers great value.
The SUV with the greatest value loss may be the Hyundai Santa Fe. But the Santa Fe has a lot to offer. It is a five-seat SUV with a lot of value for its $27,700 basic price. It might go up to $41,000 with options. However, CAREdge estimates that a Hyundai Santa Fe will lose 43% of its value after five years. Compared to other SUVs, a Santa Fe loses value the most. The fact that the Santa Fe was completely redesigned in 2019 and the model that was on the market five years ago wasn’t as well-liked as the present Santa Fe may be partially to blame for that value decline.
CAREdge estimates that a 2017 Santa Fe, which currently costs $24,982, should get $20,612 based on price calculations made using its own pricing algorithms. A 2021 that cost $38,115 new would now be worth roughly $36,000 after losing about 7% of its value.
SERPRESULT
The trade-in value of a 2022 Hyundai Santa Fe is between $24,763 and $44,769
What does a 2021 Hyundai Santa Fe cost? Edmunds offers totally free, immediate appraisal values.
Yes, the Santa Fe has good residual values that are higher than those of the Ford Edge and Chevrolet Equinox, comparable to those of the Nissan Murano, but far lower than those of the Honda CR-V.
In the past, Hyundai Santa Fe resale values have been reliable.
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.
What else is comparable to the Hyundai Santa Fe?
The 2019 Chevrolet Equinox is offered with a choice of two turbocharged gasoline engines or a turbocharged diesel engine, as well as front-wheel or all-wheel drive. A 7-inch color touchscreen with AM/FM, Apple CarPlay, and Android Auto is included in the base infotainment system. In addition, there are two USB ports and 4G LTE Wi-Fi connectivity.
Although the Insurance Institute for Highway Safety has not yet conducted crash tests on this crossover, the National Highway Traffic Safety Administration has given it an overall rating of 5 stars. A special Teen Driver function is one of the standard safety features that tracks a teen’s driving so that parents may support them in forming safe driving practices. There are four trim levels, ranging in price from the Equinox L at the base to the Premier at $31,000.
What is a 2022 Hyundai Santa Fe’s residual value?
Hyundai Santa Fe SEL AWD Lease Details: The 4,868 down payment, $695 bank acquisition fee, $2,999 capital reduction, and DSR Service fee are all due at signing in addition to the first month’s payment. additional local tax and licensing. Vehicle with standard equipment has an MSRP of $32,395 and a residual value of $16,845.40, or 52% of the MSRP. America Bank (Rate Reduction Lease) West Area – SCA & incentive of $0 applied to reach offer listed. – 0% Partic – Tier 1 – Credit Score 700+ – Zero Sec. It’s possible that not all states have lender programs.
To find the best Hyundai lease possible, DSR Specialists are always gathering, updating, and keeping the best Santa Fe leasing offers from a variety of lenders and geographic locations. We collaborate with our nationwide network of Hyundai supply dealers, and we may use our purchasing power to obtain any vehicle from any dealer’s inventory.
Let our team look for and provide a Hyundai lease deal right away. Getting a price for a Hyundai lease is completely free.
Any Hyundai automobiles coming from outside of your immediate area might need paperwork to be sent overnight for original signatures in addition to the possibility of new Hyundai lease vehicle shipment to your front door. Local autos are delivered to your home or business within 72 hours. Any shipping or transportation expenses are estimated separately from your Hyundai lease but may be included in your purchase. All Hyundai examples are based on approved credit, are subject to modification at any time, and are intended solely for illustrative reasons. Please get advice from your DSR expert.
Are Hyundai Santa Fe vehicles trustworthy?
The reliability of the Hyundai Santa Fe The anticipated dependability rating for the 2022 Hyundai Santa Fe is 80 out of 100. J.D. Power predicts that reliability scores will range from 91 to 100, with 91 to 100 being the best, 81 to 90 being great, 70 to 80 being medium, and 0-69 being fair and below average.
The Hyundai Santa Fe was retired for what reason?
Hyundai has finally discontinued the Santa Fe, despite the fact that it was a reasonably nice car on its own and had been in the Indian market for a while. The decision, according to the specialists in the field, was significantly influenced by the most recent revision in the GST cess on SUVs. In addition, luxury brands like Mercedes and BMW already have products in the same price range, making the car rather pricey.
When compared to its competitors, the Toyota Fortuner, Ford Endeavour, and Volkswagen Tiguan, the Santa Fe was significantly more expensive. In the first four months (April to July 2017) of this fiscal year, the automaker only sold a total of 45 units, whereas the industry average was 2,500 vehicles per month.
Additionally, for the same period, the company reported no production. In addition, the business withheld the updated Santa Fe price following the recent announcement of a new cess slab. Hyundai currently only offers the Tucson and Creta as its sole 5-seater SUVs.
How long does the average Hyundai Santa Fe last?
If properly maintained and prudent driving practices are applied, the Hyundai Santa Fe is a tough car that can travel between 200,000 and 250,000 kilometers. The Santa Fe can endure 13 to 17 years before needing expensive repairs or breaking down, based on an annual mileage of 15,000 miles.
Is Santa Fe’s upkeep expensive?
In its first ten years of use, a Hyundai Santa Fe will require maintenance and repairs for roughly $8,056.
This is $1,077 over the industry average for popular SUV models. Additionally, there is a 23.97% likelihood that a Santa Fe will need a significant repair at that time. Compared to competing automobiles in its segment, this is 2.47% worse. The following graph shows how these expenses and the likelihood of repairs will rise over time.
A 2016 Hyundai Santa Fe’s dependability?
Is the 2016 Hyundai Santa Fe Reliable? The Santa Fe receives a four out of five reliability rating. That’s better than the ratings of the majority of 2016 inexpensive compact and midsize SUVs, including the Mitsubishi Outlander and Nissan Pathfinder, and above average for a used car.
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.
Which model, the Hyundai Tucson or Santa Fe, is superior?
While the Hyundai Tucson models have superior predicted highway fuel economy, the Hyundai Santa Fe lineup has more horsepower capacity. Although the Hyundai Tucson has more cargo space than the Hyundai Santa Fe, the Hyundai Santa Fe offers better passenger space.
What is the Hyundai depreciation rate?
Find and determine your Hyundai’s depreciation at any point during ownership.
In the first three years after purchase, Hyundai vehicles depreciate on average by 45 percent. Choose a Hyundai from the list below to determine its depreciation:
In order to estimate the value loss for a new or used Hyundai, utilize this depreciation calculator. We can calculate the car’s future value using our depreciation models by providing some information, such as the purchase price, the age and usage of the vehicle, and the length of your ownership.
Our calculations are based on the predicted depreciation for the first three years. We do market research on the automotive industry to find out how much each car depreciates on average over the first three years after purchase.
We can predict the car’s future value using the first three years’ depreciation curve, and we can make a comprehensive table that details each month of ownership, the subsequent depreciation, and the car’s new value.
This calculator will help you make decisions when you’re thinking about buying a car.
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Has the Hyundai Santa Fe experienced transmission issues?
Many 2017 Hyundai Santa Fe customers have complained about transmission problems, particularly stuttering. The majority of owners claim that this problem first appeared at about 1,000 miles. Numerous reports claim that the problem worsens as the SUV exits corners or tries to speed.
Are Hyundai vehicles durable?
According to Vehicle History, the Hyundai Tucson should endure for about 200,000 miles, or roughly 15 years. A 2009 Tucson with 218,000 miles was posted to Vehicle History by its owner. A second poster on the Edmunds forum mentioned owning a 2007 Tucson with 200,000 miles on it.
According to The Drive, Hyundai is one of the automakers with a reputation for producing durable vehicles. It joins brands like Honda, Toyota, Lexus, Ford, and Acura in producing durable automobiles.
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.