Hyundai Santa Fe Depreciation

A Hyundai Santa Fe will depreciate 50% after 5 years and have a 5 year resale value of $18,038.

In three years, a Hyundai Santa Fe will lose one-third of its value, compared to what it was when new. While priced less than its peers on the showroom, it loses its value quicker than most. If shopping in this segment, consider one of the Toyotas or Hondas as an alternative.

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 $35,868 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 Santa Fe.

Hyundai Santa Fe Depreciation Calculator

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Hyundai Santa Fe Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $9,928 72.32% $25,940 12,000 2022
2 $11,783 67.15% $24,085 24,000 2023
3 $12,751 64.45% $23,117 36,000 2024
4 $15,104 57.89% $20,764 48,000 2025
5 $17,830 50.29% $18,038 60,000 2026
6 $19,982 44.29% $15,886 72,000 2027
7 $20,251 43.54% $15,617 84,000 2028
8 $21,385 40.38% $14,483 96,000 2029
9 $22,912 36.12% $12,956 108,000 2030
10 $25,481 28.96% $10,387 120,000 2031

Hyundai Santa Fe Depreciation

Years Old Depreciation Residual Value Resale Value
1 $9,928 72.32% $25,940
2 $11,783 67.15% $24,085
3 $12,751 64.45% $23,117
4 $15,104 57.89% $20,764
5 $17,830 50.29% $18,038
6 $19,982 44.29% $15,886
7 $20,251 43.54% $15,617
8 $21,385 40.38% $14,483
9 $22,912 36.12% $12,956
10 $25,481 28.96% $10,387

Buying a Hyundai Santa Fe New vs Used

If you purchase a used Hyundai Santa Fe that is 2 years old, then you could save $11,783 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 $6,047. 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 Santa Fe models become available.

What About Hyundai Santa Fe Insurance Costs?

The average cost to insure a Hyundai Santa Fe is about $1,623 per year. This adds up to around $8,115 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 Santa Fe. 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 Santa Fe

The 2020 Hyundai Santa Fe is our top pick for the best model year value for the Santa Fe. With the 2020, you would only pay, on average, 72% 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 Santa Fe, and provide a relatively good value. Our rankings consider multiple factors, including the Santa Fe'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 Santa Fe models.

Hyundai Santa Fe Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2021 $35,868 $35,868 $280 $0 0% 100%
2020 $35,698 $26,144 $327 $9,724 27.11% 72.32% Best
2019 $35,358 $24,145 $401 $1,999 7.65% 67.15% Better
2018 $35,079 $23,130 $520 $1,015 4.2% 64.45% Better
2017 $34,982 $20,868 $618 $2,262 9.78% 57.89% Good
2016 $32,425 $17,079 $774 $3,789 18.16% 50.29% Good
2015 $32,184 $15,344 $1,089 $1,735 10.16% 44.29%
2014 $31,942 $15,122 $1,214 $222 1.45% 43.54%
2013 $29,138 $13,096 $1,330 $2,026 13.4% 40.38%
2012 $26,376 $11,031 $1,503 $2,065 15.77% 36.12%
2011 $25,665 $8,958 $1,525 $2,073 18.79% 28.96%
2010 $25,319 $7,379 $1,711 $1,579 17.63% 22.39%
2009 $25,225 $7,197 $1,979 $182 2.47% 20.69%
Year Price % Paid Value Rank
2021 $35,868 100%
2020 $26,144 72.32% Best
2019 $24,145 67.15% Better
2018 $23,130 64.45% Better
2017 $20,868 57.89% Good
2016 $17,079 50.29% Good
2015 $15,344 44.29%
2014 $15,122 43.54%
2013 $13,096 40.38%
2012 $11,031 36.12%
2011 $8,958 28.96%
2010 $7,379 22.39%
2009 $7,197 20.69%

Hyundai Santa Fe Depreciation Rankings

Depreciation Rankings

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

Depreciation Rankings

Other Hyundai Santa Fe 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 Santa Fe 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: