Hyundai Elantra Depreciation

A Hyundai Elantra will depreciate 45% after 5 years and have a 5 year resale value of $12,390.

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 $22,635 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.

Hyundai Elantra Depreciation Calculator

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Hyundai Elantra Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $5,507 75.67% $17,128 12,000 2022
2 $6,637 70.68% $15,998 24,000 2023
3 $6,822 69.86% $15,813 36,000 2024
4 $8,047 64.45% $14,588 48,000 2025
5 $10,245 54.74% $12,390 60,000 2026
6 $11,892 47.46% $10,743 72,000 2027
7 $12,764 43.61% $9,871 84,000 2028
8 $13,149 41.91% $9,486 96,000 2029
9 $14,224 37.16% $8,411 108,000 2030
10 $14,756 34.81% $7,879 120,000 2031

Hyundai Elantra Depreciation

Years Old Depreciation Residual Value Resale Value
1 $5,507 75.67% $17,128
2 $6,637 70.68% $15,998
3 $6,822 69.86% $15,813
4 $8,047 64.45% $14,588
5 $10,245 54.74% $12,390
6 $11,892 47.46% $10,743
7 $12,764 43.61% $9,871
8 $13,149 41.91% $9,486
9 $14,224 37.16% $8,411
10 $14,756 34.81% $7,879

Buying a Hyundai Elantra New vs Used

If you purchase a used Hyundai Elantra that is 2 years old, then you could save $6,637 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 $3,608. 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 2020 Hyundai Elantra is our top pick for the best model year value for the Elantra. With the 2020, you would only pay, on average, 76% of the price as new, with 92% of the vehicle's useful life remaining. The 2019 and 2018 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
2021 $22,635 $22,635 $204 $0 0% 100%
2020 $21,877 $16,791 $236 $5,844 25.82% 75.67% Best
2019 $20,362 $14,688 $296 $2,103 12.52% 70.68% Better
2018 $19,056 $13,700 $387 $988 6.73% 69.86% Better
2017 $19,080 $12,744 $447 $956 6.98% 64.45%
2016 $18,113 $10,483 $568 $2,261 17.74% 54.74% Good
2015 $18,549 $9,593 $790 $890 8.49% 47.46% Good
2014 $18,573 $8,994 $895 $599 6.24% 43.61%
2013 $17,559 $8,323 $964 $671 7.46% 41.91%
2012 $17,647 $7,661 $1,103 $662 7.95% 37.16%
2011 $17,257 $7,141 $1,133 $520 6.79% 34.81%
2010 $15,716 $5,535 $1,300 $1,606 22.49% 26.95%
2009 $16,071 $5,252 $1,536 $283 5.11% 23.12%
Year Price % Paid Value Rank
2021 $22,635 100%
2020 $16,791 75.67% Best
2019 $14,688 70.68% Better
2018 $13,700 69.86% Better
2017 $12,744 64.45%
2016 $10,483 54.74% Good
2015 $9,593 47.46% Good
2014 $8,994 43.61%
2013 $8,323 41.91%
2012 $7,661 37.16%
2011 $7,141 34.81%
2010 $5,535 26.95%
2009 $5,252 23.12%

Hyundai Elantra Depreciation Rankings

Depreciation Rankings

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

Depreciation Rankings

Other Hyundai Elantra 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 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: