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 12,000 miles per year. It also assumes a selling price of $22,882 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Hyundai Elantra GT.

Hyundai Elantra GT Depreciation Calculator

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Hyundai Elantra GT Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $4,581 79.98% $18,301 12,000 2022
2 $7,320 68.01% $15,562 24,000 2023
3 $9,178 59.89% $13,704 36,000 2024
4 $10,906 52.34% $11,976 48,000 2025
5 $11,677 48.97% $11,205 60,000 2026
6 $13,473 41.12% $9,409 72,000 2027
7 $14,660 35.93% $8,222 84,000 2028
8 $15,686 31.45% $7,196 96,000 2029
9 $16,059 29.82% $6,823 108,000 2030
10 $17,569 23.22% $5,313 120,000 2031

Hyundai Elantra GT Depreciation

Years Old Depreciation Residual Value Resale Value
1 $4,581 79.98% $18,301
2 $7,320 68.01% $15,562
3 $9,178 59.89% $13,704
4 $10,906 52.34% $11,976
5 $11,677 48.97% $11,205
6 $13,473 41.12% $9,409
7 $14,660 35.93% $8,222
8 $15,686 31.45% $7,196
9 $16,059 29.82% $6,823
10 $17,569 23.22% $5,313

Buying a Hyundai Elantra GT New vs Used

If you purchase a used Hyundai Elantra GT that is 2 years old, then you could save $7,320 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 $4,357. 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.

Hyundai Elantra GT Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Hyundai Elantra GT ranks for Depreciation compared to other vehicles. Also check out how the Elantra GT stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings