Hyundai Elantra Depreciation

A Hyundai Elantra will depreciate 47% after 5 years and have a 5 year resale value of $11,931.

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 $5,417 76.07% $17,218 12,000 2022
2 $7,646 66.22% $14,989 24,000 2023
3 $8,149 64.00% $14,486 36,000 2024
4 $8,355 63.09% $14,280 48,000 2025
5 $10,704 52.71% $11,931 60,000 2026
6 $12,617 44.26% $10,018 72,000 2027
7 $13,316 41.17% $9,319 84,000 2028
8 $13,964 38.31% $8,671 96,000 2029
9 $14,260 37.00% $8,375 108,000 2030
10 $15,609 31.04% $7,026 120,000 2031

Hyundai Elantra Depreciation

Years Old Depreciation Residual Value Resale Value
1 $5,417 76.07% $17,218
2 $7,646 66.22% $14,989
3 $8,149 64.00% $14,486
4 $8,355 63.09% $14,280
5 $10,704 52.71% $11,931
6 $12,617 44.26% $10,018
7 $13,316 41.17% $9,319
8 $13,964 38.31% $8,671
9 $14,260 37.00% $8,375
10 $15,609 31.04% $7,026

Buying a Hyundai Elantra New vs Used

If you purchase a used Hyundai Elantra that is 2 years old, then you could save $7,646 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 $3,058. 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.

What About Hyundai Elantra Insurance Costs?

The average cost to insure a Hyundai Elantra is about $1,648 per year. This adds up to around $8,240 after 5 years of vehicle ownership. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a Hyundai Elantra. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure

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, 66% of the price as new, with 83% of the vehicle's useful life remaining. The 2020 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 $199 $0 0% 100%
2020 $21,877 $16,876 $234 $5,759 25.44% 76.07% Better
2019 $20,362 $13,772 $289 $3,104 18.39% 66.22% Best
2018 $19,056 $12,196 $377 $1,576 11.44% 64% Better
2017 $19,080 $12,488 $450 +$292 -2.39% 63.09%
2016 $18,113 $10,111 $564 $2,377 19.03% 52.71% Good
2015 $18,549 $9,006 $797 $1,105 10.93% 44.26% Good
2014 $18,573 $8,537 $890 $469 5.21% 41.17%
2013 $17,559 $7,702 $976 $835 9.78% 38.31%
2012 $17,647 $6,529 $1,104 $1,173 15.23% 37%
2011 $17,257 $6,476 $1,120 $53 0.81% 31.04%
2010 $15,716 $4,502 $1,257 $1,974 30.48% 20.65%
2009 $16,071 $3,214 $1,456 $1,288 28.61% 20%
Year Price % Paid Value Rank
2021 $22,635 100%
2020 $16,876 76.07% Better
2019 $13,772 66.22% Best
2018 $12,196 64% Better
2017 $12,488 63.09%
2016 $10,111 52.71% Good
2015 $9,006 44.26% Good
2014 $8,537 41.17%
2013 $7,702 38.31%
2012 $6,529 37%
2011 $6,476 31.04%
2010 $4,502 20.65%
2009 $3,214 20%

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: