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.
In This Article...
Best and Worst Resale Value Vehicles
You are investing a lot of money into a depreciating asset when you buy a car. This indicates that the car’s value will decrease from what it was today to tomorrow. As consumers, we are wise and naturally want to spend as little money as possible, especially if it is a little portion of a large purchase like a car.
The greatest strategy to increase your resale value is to steer clear of vehicles that are less than five years old because depreciation is more rapid in this age group. To save money, buy as old as you are comfortable with. I think the older the better. Just make sure the vehicle is safe to drive and has no mechanical issues.
Investing in a brand that retains its worth effectively is the second best approach to guarantee resale value. Resale values for vehicles from brands like Jeep, Subaru, Porsche, Toyota, Lexus, and Honda are typically higher than those of their rivals. These cars retain their value better than most, but that doesn’t mean they don’t lose value just as quickly.
For automobile owners who frequently buy and sell their vehicles, brands like Volvo, Chrysler, Land Rover, and Acura, on the other hand, tend to have a really low resale value, making them money pits. Some of these cars will lose up to 61% of their value in the first five years.
Powertrain and transmission
Despite the fact that Hyundai vehicles are generally well-liked by used car buyers, your Hyundai vehicle’s resale value may fluctuate depending on the transmission and powertrain of the vehicle. Hyundai vehicles that are close to losing their registration, particularly diesel vehicles, will have a low market value. No of the powertrain, Hyundai automobiles are typically dependable, and whether your Hyundai is a diesel or a petrol, it will earn a similar market value.
The transmission is one element that will impact your Hyundai’s resale value. One manual transmission and up to three automatic transmissions are available in contemporary Hyundai vehicles. Your automatic Hyundai vehicle will have a greater market value if the transmission is more dependable.
Is the resale value of Kias good?
Kia: Retained Value of 47.7% However, despite their appeal in other areas, Kia’s automobiles behind with an average value retention rate of 47.7% during a five-year period. Despite its substantial standard warranty and genuinely enticing options, this is the case.
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.
You grant us permission to set and utilize cookies by using this site. Visit our cookie policy for more information on these cookies and instructions on how to remove them.
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.
Which automaker offers the best resale value?
- Swift by Maruti Suzuki.
- Innova by Toyota.
- EcoSport by Ford.
- Suzuki Wagon R by Maruti.
- Hyundai Grand i10.
- Honda City.
- Scorpio from Mahindra.
- Toyota Corolla
Hyundai maintenance costs are they high?
Hyundais don’t require a lot of maintenance. Owners spend an average of $468 a year on repairs and maintenance, according to RepairPal, which places the brand in fourth overall. This is less expensive than the $652 annual average for the sector.
According to RepairPal, the typical owner spends roughly $468 year on maintaining a Hyundai. Costs vary according to different models as well. For instance, the Sonata costs $458 annually while the Elantra costs roughly $452.
Honda is the least expensive automobile brand to maintain, according to RepairPal. The average cost of maintenance and repairs for drivers is $428 annually, and some Honda models are even more affordable.
Yes, Hyundai components are less expensive than the majority of other imported brand parts available. It also means that you may take your Hyundai to any trained mechanic for service, which is one of the reasons Hyundai repair costs are generally reasonable.
Which automobile may be sold for the most money?
In 2017, Maruti Suzuki introduced the third-generation Dzire to the Indian market, where it quickly rose to the top of the sales charts for a period of time. This demonstrates how well-liked the Dzire is among consumers. Maruti Suzuki’s sub-4-meter small sedan is a very well-liked choice among owners of taxi fleets due to its high level of dependability and minimal maintenance costs. Additionally, the brand’s nationwide service network makes it one of the most sensible options in the market.
The Dzire is in strong demand on the used car market from both private customers and taxi fleet operators, which keeps its resale value high in the industry. In addition, Maruti offers the Dzire Tour model, a low-priced, bare-bones version of the vehicle available primarily to owners of taxi fleets.
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.
Which SUV in India has the highest resale value?
The Ford EcoSport is one of the safest vehicles on the road because it is equipped with six airbags and has a very sturdy construction.
The small Ford SUV has a market of its own, despite not being as well-liked as the Maruti Vitara Brezza.
The Ford EcoSport, one of the finest resale value vehicles, can hold onto almost 80% of its original worth even after three years of ownership.
Hyundai’s durability
The most important features that most buyers consider when buying a car are dependability and durability. Given the large investment that buying a car entails, it stands to reason that owners would want to ensure that their purchase will last for several years. The typical engine life of a Hyundai ranges from 250,000 to 400,000 kilometers. Your car’s engine might last 15 to 20 years in top condition, depending on how much you drive each day. However, there are a few things that you will need to do on your end to keep the engine of your automobile in good operating order if you want to be sure that it can survive that long.
Can Honda maintain its value?
In 2019, Honda received five Kelley Blue Book Best Resale Value Awards, one for each category and vehicle type that the company produces. These awards included: The Honda Insight hybrid has the highest resale value. Best Resell Value: Honda Civic, Small Car
What Hyundai model is the best?
- Hyundai Tucson, standard and powered. Used: 8.00L – 8.00L.
- Power. Standard. Hyundai Santa Fe. 12.00 L to 18.00 L used.
- Ad.
- Hyundai Elantra. Standard. Power. Used: 4.00L to 14.00L rupees.
- Hyundai Xcent. Standard. Power. 4.10 to 7.00 liters were used.
- Powerful. Standard. Hyundai i10.
- Active. Powerful. Standard: Hyundai i20
- Ad
How much of a car’s value does it lose annually?
The first year is when cars lose the most value, and depreciation lasts for around five years. A car’s value can drop by up to 20% in the first year and by about 40% from the initial cost over the course of the first five years. That indicates that after the first year, it loses around 15% of its value annually.
Who makes the engines for Hyundai?
What Business Produces Hyundai Engines? For their vehicles, Hyundai and Kia produce the engines. But there is some overlap between the two businesses. For instance, both Hyundai and Kia vehicle models use the Kappa G3LA/G3LC and Kappa G4LD engines.
In five years, how much will my automobile be worth?
Okay, even though numerous things affect how and why cars deteriorate, one thing holds true almost always regardless of the kind of car you purchase:
New cars lose value far more quickly than secondhand cars. how much quicker We’ll simply say that we hope you’re buckled up.
- ONE MINUTE LATER: As soon as you drive off the lot, a new car loses between 9 and 11% of its value. So, when you take a $30,000 brand-new automobile home for the first time, you’re essentially throwing $3,000 out the window!
- AFTER A YEAR: According to research, the first year of ownership is when the value of a new car drops the most. Your car’s value will most likely be 20% less than what you paid for it after a year.
- AFTER FIVE YEARS: After that sharp initial decline, the value of a new car will decline by 15–25% yearly until it reaches five years. Therefore, a new car will lose about 60% of its value after five years. 2,3
Which automaker has the cheapest maintenance costs?
- Alto 800 by Maruti.
- Figo Ford.
- Honda Celerio.
- Maruti K10 Alto
- Nano GenX from Tata Motors.
- Samsung Eon.
- Swift, Maruti.
- Grand i10 Hyundai