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. It also counts on a $34,425 initial selling price. Enter the purchase price, anticipated length of ownership, and yearly mileage estimate. The Hyundai Tucson’s anticipated resale value can be determined using our depreciation calculator.
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Hyundai Tucson Decreasing Value
Although depreciation is challenging to prevent, it can be controlled. Depreciation is the gap between the vehicle’s initial purchase price and its eventual value. In our analysis, we utilize a 5-year period as an example.
A Hyundai Tucson with regular equipment costs $34,425 when brand-new. The average residual value after five years of depreciation is going to be $26,487. This is the vehicle’s suggested retail price. Prices for private sales and trade-ins will probably be lower. To determine how model year and mileage may impact your resale value, use our Hyundai Tucson depreciation calculator.
Calculator for Hyundai Tucson Appreciation
In the first three years after purchase, Hyundai Tucson models are expected to lose 34 percent of their value on average. 92 percent of us are confident in our estimate.
Months:
To estimate the value loss for a new or used Hyundai Tucson, 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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Before making any decisions, we expect you to get complete professional guidance from a whole of market counsel. We have offered guides, tools, and a selection of deals (lowest rate and/or costs).
Because we are not offering advice and mistakes can happen, use the material supplied at your own risk. Since the calculations on the website are estimates, they may occasionally include assumptions or approximations. We are not liable for any errors and cannot accept responsibility for them.
What factors determine the resale value of my Hyundai?
You and your Hyundai have been through a lot together, from road trips to crowded commutes. While it’s impossible to place a number on nostalgia, you may estimate your Hyundai’s resale worth using a variety of criteria. Let’s breakdown each one:
Depreciation: Your Hyundai contract’s worth decreased even before the ink had time to dry on it. A Hyundai retains a fair amount of value over time, although after three years of ownership, some models can lose up to 65% of their worth.
Mileage: The mileage of your car has an immediate impact on its condition, and if it has 100,000 kilometers or more, you may encounter difficulties throughout the resale process. It’s best to keep your annual mileage between 12,000 and 15,000 miles.
Accident history: Although accidents are unavoidable, they might lower your Hyundai’s market value. Even after a complete restoration, the value of your car can decrease by 15% to 30%.
Popular models: Do you drive an SUV or a hatchback? You all have a simpler time reselling those well-liked Hyundai vehicles for more money. Due to market demand, popular models like the Hyundai Accent, Hyundai Kona, and Hyundai Tucson frequently maintain their value.
How well-maintained is the interior and outside of your Hyundai? The more profit you can squeeze into the price of your car, the newer it seems. Your car’s value will be reduced by dents, dings, interior flaws, and unattended repairs.
In driving tests, the Honda CR-V outperformed the Hyundai Tucson.
The Subaru Forester isn’t the only Hyundai Tucson substitute that merits your attention. The Honda CR-V is another option to the model from this year. Consumer Reports claims that the Hyundai Tucson was outperformed by the new Honda CR-V in road tests this year. Consumer Reports scored the Honda CR-V an 82 out of 100 rating in its road test, compared to the Tucson’s 75 out of 100.
And if you’re looking for a car that retains its value? The Honda CR-V continues to be a superior choice over the Hyundai Tucson. In actuality, the Honda CR-V holds its value better than the Tucson, according to CarEdge. Sadly, according to CarEdge, the Tucson will lose 50% of its value after five years. Its worth at resale after five years is $14,881. The Honda CR-V, on the other hand, will lose 41% of its value after five years and have a five-year resale value of $20,470.
Can Hyundai Maintain Value?
In the first five years of operation, Hyundai loses roughly half of its value. A typical car loses 50% to 60% of its original value throughout that time. Hyundai thus scores averagely when measured against other automakers, but it is still far behind the top resale brands in the world, ranking eleventh.
The average depreciation of Hyundai vehicles over a 12-year period is depicted in the graph below. Hyundai vehicles have a residual value of 49.86% after five years and reduces to 17% after twelve.
The percentage of Hyundai cars’ year-over-year depreciation is shown in the following illustration. Hyundai vehicles often lose the most value in the first, second, and fifth years of ownership.
Are Hyundai Tucson repairs expensive?
During the first ten years of ownership, a Hyundai Tucson will require maintenance and repairs costing approximately $7,951.
This is $1,182 over the industry average for popular SUV models. Additionally, there is a 23.97% likelihood that a Tucson 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.
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.
The Hyundai Tucson: a dependable vehicle?
Is a pre-owned Hyundai Tucson 4×4 trustworthy? In our most recent poll, the Tucson had a high reliability rating of 97.8%, placing it third out of 28 vehicles in the family SUV category. Additionally, the brand of Hyundai performed admirably, placing third out of 30 manufacturers.
The Hyundai Tucson’s lifespan
The Korean automaker’s initial entry into the compact SUV market is the Hyundai Tucson. The 2005 model, which debuted, has since earned a reputation for being reasonably priced, providing excellent overall value, and being dependable.
What is the lifespan of a Hyundai Tucson then? The typical life expectancy of a modern Tucson is around 200,000 miles, or 13 to 15 years, driving about 12,000 miles yearly, according to owner evaluations and feedback on Vehicle History.
According to one owner on Vehicle History, “My Tucson 2.4L from 2013 has already exceeded 250,000 miles, and it’s still on the interstate at 85 mph.”
After meticulously keeping the SUV with regular annual servicing, including replacing the oil every 5,000 miles, another owner of a 2015 Hyundai Tucson mentions the SUV having reached 463,000 miles.
Discussions on well-known enthusiast forums like Hyundai Forums appear to be overwhelmingly in favor of longevity at 200,000 km. Many Tucson owners who purchased their vehicles after the model year 2010 report seeing between 180,000 and over 200,000 miles on their odometers in a recent discussion from 2020.
In 2021, the original thread’s creator’s 2012 Hyundai Tucson GLS AWD SUV logged 200,000 miles, the “most of which are freeway miles.”
He claims that “At 145k miles, the engine broke due to a rod bearing failure; it was replaced with a used 60k motor taken from a wrecked Tucson.
I intend to keep the car to see how much longer the engine lasts (it has already traveled more than 100k miles).”
Are the Hyundai Tucson and Kia Sportage the same vehicle?
Because the Tucson and Sportage are practically identical, picking a winner is challenging. They share similar characteristics, the same drivetrains, and almost the same amount of internal space. It almost comes down to which one you think looks better when choosing between the two.
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.
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.
Toyotas survive longer than Hyundais, though?
With a Hyundai car or SUV, you not only get the Hyundai warranty but also lower prices for almost all of the available options. Hyundai clearly wins this contest when we compare the warranty coverage offered by Toyota and Hyundai side by side. In terms of brand coverage, Toyota is not poor; it is around average. “America’s Best Warranty,” according to Hyundai. —and it’s absurdly excellent.
The warranty covers a number of areas. Basic bumper to bumper protection is provided. Additionally, we observe coverage for the hybrid battery, the powertrain, and corrosion. There is also the added consideration of roadside help.
A Toyota car or SUV is protected for 3 years/36,000 miles, compared to 5 years/60,000 miles for a Hyundai car or SUV’s standard bumper to bumper coverage. Hyundai provides a 10-year/100,000-mile powertrain warranty, whereas Toyota offers a 5-year/60,000-mile guarantee. Both Hyundai and Toyota offer unlimited mileage corrosion coverage for 7 and 5 years, respectively. Finally, both manufacturers offer limitless coverage for roadside assistance. Toyota only offers two years, but Hyundai offers five.
After 100,000 miles, do cars lose value?
According to Edmunds’ data, car values only start to drop between 100,000 and 150,000 miles, and the pace of depreciation is comparable to that between 50,000 and 100,000 miles. ” Vehicles deteriorate slowly and steadily after the first 40,000 miles.