Hyundai Elantra GT Depreciation

A Hyundai Elantra GT will depreciate 51% after 5 years and have a 5 year resale value of $11,169.

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 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

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $6,766 70.43% $16,116 13,500 2021
2 $7,022 69.31% $15,860 27,000 2022
3 $9,782 57.25% $13,100 40,500 2023
4 $11,018 51.85% $11,864 54,000 2024
5 $11,713 48.81% $11,169 67,500 2025
6 $12,544 45.18% $10,338 81,000 2026
7 $13,393 41.47% $9,489 94,500 2027
8 $14,754 35.52% $8,128 108,000 2028
9 $15,722 31.29% $7,160 121,500 2029
10 $16,259 28.94% $6,623 135,000 2030

Hyundai Elantra GT Depreciation

Years Old Depreciation Residual Value Resale Value
1 $6,766 70.43% $16,116
2 $7,022 69.31% $15,860
3 $9,782 57.25% $13,100
4 $11,018 51.85% $11,864
5 $11,713 48.81% $11,169
6 $12,544 45.18% $10,338
7 $13,393 41.47% $9,489
8 $14,754 35.52% $8,128
9 $15,722 31.29% $7,160
10 $16,259 28.94% $6,623

Hyundai Elantra GT Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Hyundai Elantra GT that is 2 years old, then you could save $7,022 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 $4,691. 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, 70% of the price as new, with 92% of the vehicle's useful life remaining. The 2017 and 2016 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 $199 $0 0% 100%
2019 $22,081 $15,781 $230 $7,101 31.03% 70.43% Best
2018 $21,402 $15,121 $288 $660 4.18% 69.31% Good
2017 $20,466 $12,093 $376 $3,028 20.03% 57.25% Better
2016 $20,239 $10,928 $434 $1,165 9.63% 51.85% Better
2015 $19,452 $10,045 $551 $883 8.08% 48.81% Good
2014 $19,016 $9,356 $765 $689 6.86% 45.18%
2013 $19,211 $8,832 $866 $524 5.6% 41.47%
Year Price % Paid Value Rank
2020 $22,882 100%
2019 $15,781 70.43% Best
2018 $15,121 69.31% Good
2017 $12,093 57.25% Better
2016 $10,928 51.85% Better
2015 $10,045 48.81% Good
2014 $9,356 45.18%
2013 $8,832 41.47%

Considering financing? Try our Hyundai Elantra GT Loan Calculator, which will steer you away from unattractive loan structures that put you in a bad financial position relative to the value of your vehicle. Customize a loan that is right for you, or try some basic options, No Money Down, 10% Down and 20% Down.

Hyundai Elantra GT Review

Hyundai Elantra GT Photos

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 September 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.