Hyundai Elantra GT Depreciation

A Hyundai Elantra GT will depreciate 51% after 5 years and have a 5 year resale value of $11,205.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 13,500 miles per, and assumes a purchase price of $22,882 when new. Key in your purchase price, expected ownership period and estimated annual miles driven into our depreciation calculator, and we'll predict an expected resale value just for you.

Hyundai Elantra GT Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $6,988 69.46% $15,894 13,500 2021
2 $7,137 68.81% $15,745 27,000 2022
3 $9,226 59.68% $13,656 40,500 2023
4 $10,343 54.80% $12,539 54,000 2024
5 $11,677 48.97% $11,205 67,500 2025
6 $12,770 44.19% $10,112 81,000 2026
7 $13,949 39.04% $8,933 94,500 2027
8 $15,237 33.41% $7,645 108,000 2028
9 $16,326 28.65% $6,556 121,500 2029
10 $16,818 26.50% $6,064 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $6,988 69.46% $15,894
2 $7,137 68.81% $15,745
3 $9,226 59.68% $13,656
4 $10,343 54.80% $12,539
5 $11,677 48.97% $11,205
6 $12,770 44.19% $10,112
7 $13,949 39.04% $8,933
8 $15,237 33.41% $7,645
9 $16,326 28.65% $6,556
10 $16,818 26.50% $6,064

Hyundai Elantra GT Depreciation Calculator

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If you purchase a used Hyundai Elantra GT that is 2 years old, then you could save $7,137 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $4,540. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used Elantra GT models become available.

The Best Model Years to Buy a Hyundai Elantra GT

The 2019 Hyundai Elantra GT is our top pick for the best model year value for the Elantra GT. With the 2019, you would only pay, on average, 69% of the price as new, with 92% of the vehicle's useful life remaining. The 2017 and 2018 model years are also attractive years for the Elantra GT, and provide a relatively good value. Our rankings consider multiple factors, including the Elantra GT's price as new, current price, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money of the Hyundai Elantra GT models.

Hyundai Elantra GT Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2020 $22,882 $22,882 $154 $0 0% 100%
2019 $22,081 $15,523 $185 $7,359 32.16% 69.46% Best
2018 $21,402 $14,969 $242 $554 3.57% 68.81% Better
2017 $20,466 $12,545 $330 $2,424 16.19% 59.68% Better
2016 $20,239 $11,478 $388 $1,067 8.51% 54.8% Good
2015 $19,452 $10,030 $505 $1,448 12.62% 48.97% Good
2014 $19,016 $9,122 $719 $908 9.05% 44.19%
2013 $19,211 $8,321 $821 $801 8.78% 39.04%
Year Price % Paid Value Rank
2020 $22,882 100%
2019 $15,523 69.46% Best
2018 $14,969 68.81% Better
2017 $12,545 59.68% Better
2016 $11,478 54.8% Good
2015 $10,030 48.97% Good
2014 $9,122 44.19%
2013 $8,321 39.04%
Our Favorite Hyundai Elantra GT Photo

About Our Data and "Useful Lifespan"

We aggregate and analyze millions of automotive data points from a variety of sources, including some of the industry's leading data providers. The historical depreciation tables, charts, values and overall rankings are conducted on a semi-annual basis, with our most recent update published in April 2020.

While the "Useful Lifespan" of a vehicle will vary greatly from one model to the next, and even one owner to the next, we have determined that twelve years is the most appropriate timeframe which will yield us good, usable data - and that any data beyond that timeframe becomes more dispersed, and ultimately less reliable. Moreover, maintenance costs beyond that timeframe become significantly more varied, as a vehicle owner's care of a particular vehicle will greatly impact its value, and ongoing maintenance costs. We are very much hopeful, however, that your car or truck will last well beyond twelve years, and that it gets you to where you want to go.

If you would like to know more about our data and process, check out our FAQ here.