Hyundai Elantra Depreciation

A Hyundai Elantra will depreciate 51% after 5 years and have a 5 year resale value of $10,630.

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 $21,877 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

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $6,161 71.84% $15,716 13,500 2021
2 $6,366 70.90% $15,511 27,000 2022
3 $7,401 66.17% $14,476 40,500 2023
4 $9,842 55.01% $12,035 54,000 2024
5 $11,247 48.59% $10,630 67,500 2025
6 $12,240 44.05% $9,637 81,000 2026
7 $12,610 42.36% $9,267 94,500 2027
8 $13,588 37.89% $8,289 108,000 2028
9 $14,080 35.64% $7,797 121,500 2029
10 $15,721 28.14% $6,156 135,000 2030

Hyundai Elantra Depreciation

Years Old Depreciation Residual Value Resale Value
1 $6,161 71.84% $15,716
2 $6,366 70.90% $15,511
3 $7,401 66.17% $14,476
4 $9,842 55.01% $12,035
5 $11,247 48.59% $10,630
6 $12,240 44.05% $9,637
7 $12,610 42.36% $9,267
8 $13,588 37.89% $8,289
9 $14,080 35.64% $7,797
10 $15,721 28.14% $6,156

Hyundai Elantra Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Hyundai Elantra that is 2 years old, then you could save $6,366 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 $4,881. 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, 72% 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 $203 $0 0% 100%
2019 $20,362 $14,864 $235 $7,013 32.06% 71.84% Best
2018 $19,056 $13,806 $295 $1,058 7.12% 70.9% Better
2017 $19,080 $13,012 $386 $794 5.75% 66.17% Good
2016 $18,113 $10,410 $446 $2,602 20% 55.01% Better
2015 $18,549 $9,580 $567 $830 7.97% 48.59% Good
2014 $18,573 $8,969 $788 $611 6.38% 44.05%
2013 $17,559 $8,331 $893 $638 7.11% 42.36%
2012 $17,647 $7,649 $963 $682 8.19% 37.89%
2011 $17,257 $7,253 $1,102 $396 5.18% 35.64%
2010 $15,716 $5,555 $1,132 $1,698 23.41% 28.14%
2009 $16,071 $5,369 $1,298 $186 3.35% 25.33%
2008 $15,546 $4,958 $1,535 $411 7.66% 22.02%
Year Price % Paid Value Rank
2020 $21,877 100%
2019 $14,864 71.84% Best
2018 $13,806 70.9% Better
2017 $13,012 66.17% Good
2016 $10,410 55.01% Better
2015 $9,580 48.59% Good
2014 $8,969 44.05%
2013 $8,331 42.36%
2012 $7,649 37.89%
2011 $7,253 35.64%
2010 $5,555 28.14%
2009 $5,369 25.33%
2008 $4,958 22.02%

Considering financing? Try our Hyundai Elantra 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 Review

Hyundai Elantra Photos

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 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.