Hyundai Santa Fe Depreciation
A Hyundai Santa Fe will depreciate 43% after 5 years and have a 5 year resale value of $21,641.
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 $38,167 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.
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Hyundai Santa Fe Depreciation
| Years Old | Depreciation | Residual Value | Resale Value | Mileage | Resale Year |
|---|---|---|---|---|---|
| 1 | $2,393 | 93.73% | $35,774 | 12,000 | 2022 |
| 2 | $5,328 | 86.04% | $32,839 | 24,000 | 2023 |
| 3 | $8,332 | 78.17% | $29,835 | 36,000 | 2024 |
| 4 | $9,065 | 76.25% | $29,102 | 48,000 | 2025 |
| 5 | $16,526 | 56.70% | $21,641 | 60,000 | 2026 |
| 6 | $17,858 | 53.21% | $20,309 | 72,000 | 2027 |
| 7 | $18,824 | 50.68% | $19,343 | 84,000 | 2028 |
| 8 | $20,045 | 47.48% | $18,122 | 96,000 | 2029 |
| 9 | $20,385 | 46.59% | $17,782 | 108,000 | 2030 |
| 10 | $23,095 | 39.49% | $15,072 | 120,000 | 2031 |
Hyundai Santa Fe Depreciation
| Years Old | Depreciation | Residual Value | Resale Value |
|---|---|---|---|
| 1 | $2,393 | 93.73% | $35,774 |
| 2 | $5,328 | 86.04% | $32,839 |
| 3 | $8,332 | 78.17% | $29,835 |
| 4 | $9,065 | 76.25% | $29,102 |
| 5 | $16,526 | 56.70% | $21,641 |
| 6 | $17,858 | 53.21% | $20,309 |
| 7 | $18,824 | 50.68% | $19,343 |
| 8 | $20,045 | 47.48% | $18,122 |
| 9 | $20,385 | 46.59% | $17,782 |
| 10 | $23,095 | 39.49% | $15,072 |
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 $5,328 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 $11,198. 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 $1,772 per year. This adds up to around $8,860 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 2017 Hyundai Santa Fe is our top pick for the best model year value for the Santa Fe. With the 2017, you would only pay, on average, 57% of the price as new, with 58% of the vehicle's useful life remaining. The 2021 and 2020 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.
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Hyundai Santa Fe Historical Depreciation
| Year | New Price | Current Price | Maintenance | $ Decline | % Decline | % Paid | Value Rating |
|---|---|---|---|---|---|---|---|
| 2022 | $38,167 | $38,167 | $285 | $0 | 0% | 100% | |
| 2021 | $38,114 | $36,054 | $331 | $2,113 | 5.54% | 93.73% | Better |
| 2020 | $35,698 | $31,119 | $406 | $4,935 | 13.69% | 86.04% | Better |
| 2019 | $35,358 | $28,164 | $524 | $2,955 | 9.5% | 78.17% | Good |
| 2018 | $35,079 | $27,370 | $623 | $794 | 2.82% | 76.25% | |
| 2017 | $34,982 | $20,612 | $778 | $6,758 | 24.69% | 56.7% | Best |
| 2016 | $32,425 | $18,346 | $1,093 | $2,266 | 10.99% | 53.21% | Good |
| 2015 | $32,184 | $17,530 | $1,218 | $816 | 4.45% | 50.68% | |
| 2014 | $31,942 | $16,501 | $1,335 | $1,029 | 5.87% | 47.48% | |
| 2013 | $29,138 | $15,084 | $1,508 | $1,417 | 8.59% | 46.59% | |
| 2012 | $26,376 | $11,947 | $1,530 | $3,137 | 20.8% | 39.49% | |
| 2011 | $25,665 | $9,835 | $1,715 | $2,112 | 17.68% | 31.64% | |
| 2010 | $25,319 | $9,570 | $1,984 | $265 | 2.69% | 29.96% |
| Year | Price | % Paid | Value Rank |
|---|---|---|---|
| 2022 | $38,167 | 100% | |
| 2021 | $36,054 | 93.73% | Better |
| 2020 | $31,119 | 86.04% | Better |
| 2019 | $28,164 | 78.17% | Good |
| 2018 | $27,370 | 76.25% | |
| 2017 | $20,612 | 56.7% | Best |
| 2016 | $18,346 | 53.21% | Good |
| 2015 | $17,530 | 50.68% | |
| 2014 | $16,501 | 47.48% | |
| 2013 | $15,084 | 46.59% | |
| 2012 | $11,947 | 39.49% | |
| 2011 | $9,835 | 31.64% | |
| 2010 | $9,570 | 29.96% |
Hyundai Santa Fe 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.
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:
