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

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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%

Other Hyundai Elantra GT Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Hyundai Elantra GT costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses: