Do Hyundai Elantras Hold Their Value?

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 considers a new selling price of $25,383. Enter the purchase price, anticipated length of ownership, and yearly mileage estimate. The Hyundai Elantra’s anticipated resale value can be determined using our depreciation calculator.


How Long Do Hyundais Last?

When it comes to resale value, Hyundais are a little better than average. Within five years of purchase, the typical Hyundai will still have 71% of its original value. This number isn’t terrible and places Hyundai in the top 10 among other manufacturers.

How is the sale price determined? What distinguishes a company like Hyundai from the competition. Which companies produce better or poorer products?

We’ve done comprehensive research for a while in the auto industry and are aware of the worries of those who plan to sell their car in a few years. We’ll mention reliable sources that track the typical resale price of a car and explain why rises or decreases are taking place.

Are Hyundais still worth anything?

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: Your car’s mileage directly affects its condition, and if it has 100,000 kilometers or more, you may experience difficulties throughout the resale process.

Is buying a Hyundai Elantra worthwhile?

On all significant dependability surveys, the Hyundai Elantra received favorable results. The Elantra is rated 4.5 out of 5.0 on RepairPal, placing it eighth out of 36 compact car models. Early generations had average fuel efficiency, but when new generations came out, the latter model years became more fuel-efficient.

What is the Elantra’s resale value?

The Hyundai Elantra frequently retains a favorable resale value, particularly if the automobile had proper maintenance. You can typically trade in a base 2017 Elantra in good shape for close to $10,000, allowing you to upgrade to a brand-new vehicle without spending a ton of money.

Hyundais lose value quickly, do they?

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.

When did the original Hyundai Elantra debut?

original generation (1990-1995) Hyundai unveiled the first-generation Elantra in October 1990. The vehicle’s original name was Lantra, and its 1.5- and 1.8-liter Mitsubishi engines were connected to 5- and 4-speed manual and automatic gearboxes, respectively.

How far will a Hyundai Elantra drive?

I want to purchase a used Hyundai Elantra, but I want to be sure it will be a wise purchase. How many miles should a Hyundai Elantra provide?

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It’s important to know how long your car will survive. A Hyundai Elantra with good maintenance should endure for more than 150,000 kilometers.

A Hyundai Elantra should be able to travel for at least 150,000 miles before needing any major repairs, and it may even manage 200,000 or 250,000 miles. The average driver has a lifespan of ten to fifteen years.

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How valuable are Honda Accords?

Consider a 2017 Lexus ES if you’re searching for a midsize sedan that excels at practically everything and will serve you well until you’re ready for something new. Because it puts comfort over sportiness, the ES is a luxury model that frequently goes unnoticed in a market dominated by vehicles with powerful acceleration and quick handling. But the ES is a fantastic option if a quiet and smooth ride is more important. Additionally, given its class, the ES has outstanding future value ratings. The 2017 IS is one of our top selections for a smart car purchase since KBB predicts that it will be worth 48.5% of its original value after 36 months and 34.5% of its original value after 60 months.

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 often should I have my Hyundai Elantra’s oil changed?

For traditional oil, Hyundai advises changing your Hyundai Elantra’s oil and filter every 3,000 to 5,000 miles. Typically, synthetic oil needs to be changed every 7,500 to 10,000 miles.

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.

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, while Toyota offers a 5-year/60,000-mile warranty. 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.

Are Corollas still worth anything?

The Toyota Corolla has a great resale value. The Corolla is one of the best cars in the area for a variety of reasons, including its high resale value, which is one of the most crucial factors for drivers shopping for a used car. The Toyota Corolla is renowned for its low rates of depreciation and ability to hold its value.

Sonata versus Elantra: Which 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.

What Hyundai model is the best?

  • 1. Hyundai Grand i10 Nios. Price Range: $5.42 to $8.46 Lakh | 25 Kmpl.
  • Hyundai Aura, 6.09 to 9.51 Lakh | 25 kmpl.
  • 3. Hyundai I20. $7.07 to $11.62 lakh | 25 kmpl.
  • Hyundai Verna, 9.43 to 15.52 lakhs, 25 kilometers per gallon.
  • Hyundai Venue: 7.53 to 12.72 Lakh | 23 km/l.
  • Hyundai Creta, number 6.
  • Hyundai Santro, number 7.
  • Hyundai I20 N Line (#8)

Hyundai: Is it as dependable as Toyota?

Hyundai and Toyota provide some of the most dependable cars on the market right now if you’re seeking for them. Which one, though, triumphs? While they both perform well and significantly outperform other modern brands, Toyota narrowly edges out Hyundai in terms of reliability. Across most consumer surveys and long-term assessments, Toyota has slightly less faults per vehicle compared to Hyundai. Hyundai, as opposed to Toyota, provides customers with slightly better and longer warranties. In general, some of the world’s most trustworthy automobiles are produced by Hyundai and Toyota. With either brand, you can’t go wrong.

Which car is superior, a Hyundai or a Kia?

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.

How durable are Hyundai transmissions?

How long do the transmissions on Hyundai Elantras last? The transmissions in Hyundai Elantras endure for about 100,000 kilometers. It has been used for around 7 to 8 years.

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 quickly do Toyotas lose value?

Toyota tops the list of automakers with vehicles that lose 42.3% of their value on average after five years of ownership. This is less than the 49.6% global average.

The reliability of the brand helps Toyota automobiles maintain their value across all vehicle sectors, according to Ly.

Two of the ten vehicles on the list—Dodge and Mitsubishi—have depreciation rates of 51.4% and 51.8%, respectively, which are higher than the industry average. These are nevertheless greater than the most depreciating automakers, such as Maserati with an average depreciation rate of 66.4% and Buick with an average depreciation rate of 60.1%.

According to Julia Blackley, the study’s author, Dodge and Mitsubishi were included on the list since they continue to score among the top 10 lowest-depreciating brands overall when compared to other automakers.