Hyundai Elantra Depreciation

A Hyundai Elantra will depreciate 52% after 5 years and have a 5 year resale value of $10,477.

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 $21,877 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 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $5,174 76.35% $16,703 13,500 2021
2 $6,454 70.50% $15,423 27,000 2022
3 $7,685 64.87% $14,192 40,500 2023
4 $9,945 54.54% $11,932 54,000 2024
5 $11,400 47.89% $10,477 67,500 2025
6 $12,658 42.14% $9,219 81,000 2026
7 $13,047 40.36% $8,830 94,500 2027
8 $14,133 35.40% $7,744 108,000 2028
9 $14,734 32.65% $7,143 121,500 2029
10 $15,878 27.42% $5,999 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $5,174 76.35% $16,703
2 $6,454 70.50% $15,423
3 $7,685 64.87% $14,192
4 $9,945 54.54% $11,932
5 $11,400 47.89% $10,477
6 $12,658 42.14% $9,219
7 $13,047 40.36% $8,830
8 $14,133 35.40% $7,744
9 $14,734 32.65% $7,143
10 $15,878 27.42% $5,999

Hyundai Elantra Depreciation Calculator

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If you purchase a used Hyundai Elantra that is 2 years old, then you could save $6,454 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 $4,946. 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 models become available.

The Best Model Years to Buy a Hyundai Elantra

The 2019 Hyundai Elantra is our top pick for the best model year value for the Elantra. With the 2019, you would only pay, on average, 76% of the price as new, with 92% of the vehicle's useful life remaining. The 2018 and 2016 model years are also attractive years for the Elantra, and provide a relatively good value. Our rankings consider multiple factors, including the Elantra'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 models.

Hyundai Elantra Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2020 $21,877 $21,877 $159 $0 0% 100%
2019 $20,362 $15,738 $191 $6,139 28.06% 76.35% Best
2018 $19,056 $13,685 $251 $2,053 13.04% 70.5% Better
2017 $19,080 $12,720 $342 $965 7.05% 64.87% Good
2016 $18,113 $10,281 $402 $2,439 19.17% 54.54% Better
2015 $18,549 $9,406 $523 $875 8.51% 47.89% Good
2014 $18,573 $8,571 $745 $835 8.88% 42.14%
2013 $17,559 $7,936 $850 $635 7.41% 40.36%
2012 $17,647 $7,166 $919 $770 9.7% 35.4%
2011 $17,257 $6,692 $1,058 $474 6.61% 32.65%
2010 $15,716 $5,398 $1,088 $1,294 19.34% 27.42%
2009 $16,071 $4,902 $1,255 $496 9.19% 22.69%
2008 $15,546 $4,551 $1,491 $351 7.16% 19.68%
Year Price % Paid Value Rank
2020 $21,877 100%
2019 $15,738 76.35% Best
2018 $13,685 70.5% Better
2017 $12,720 64.87% Good
2016 $10,281 54.54% Better
2015 $9,406 47.89% Good
2014 $8,571 42.14%
2013 $7,936 40.36%
2012 $7,166 35.4%
2011 $6,692 32.65%
2010 $5,398 27.42%
2009 $4,902 22.69%
2008 $4,551 19.68%
Our Favorite Hyundai Elantra 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.