Hyundai Santa Fe Depreciation
A Hyundai Santa Fe will depreciate 58% after 5 years and have a 5 year resale value of $14,858.
In three years, a Hyundai Santa Fe will be worth half of 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 13,500 miles per year. It also assumes a selling price of $35,698 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
Years Old | Depreciation | Residual Value | Resale Value | Mileage | Resale Year |
---|---|---|---|---|---|
1 | $8,553 | 76.04% | $27,145 | 13,500 | 2021 |
2 | $12,726 | 64.35% | $22,972 | 27,000 | 2022 |
3 | $16,343 | 54.22% | $19,355 | 40,500 | 2023 |
4 | $19,620 | 45.04% | $16,078 | 54,000 | 2024 |
5 | $20,840 | 41.62% | $14,858 | 67,500 | 2025 |
6 | $21,822 | 38.87% | $13,876 | 81,000 | 2026 |
7 | $22,293 | 37.55% | $13,405 | 94,500 | 2027 |
8 | $24,478 | 31.43% | $11,220 | 108,000 | 2028 |
9 | $25,810 | 27.70% | $9,888 | 121,500 | 2029 |
10 | $27,255 | 23.65% | $8,443 | 135,000 | 2030 |
Hyundai Santa Fe Depreciation
Years Old | Depreciation | Residual Value | Resale Value |
---|---|---|---|
1 | $8,553 | 76.04% | $27,145 |
2 | $12,726 | 64.35% | $22,972 |
3 | $16,343 | 54.22% | $19,355 |
4 | $19,620 | 45.04% | $16,078 |
5 | $20,840 | 41.62% | $14,858 |
6 | $21,822 | 38.87% | $13,876 |
7 | $22,293 | 37.55% | $13,405 |
8 | $24,478 | 31.43% | $11,220 |
9 | $25,810 | 27.70% | $9,888 |
10 | $27,255 | 23.65% | $8,443 |
If you purchase a used Hyundai Santa Fe that is 2 years old, then you could save $12,726 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 $8,114. 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.
The Best Model Years to Buy a Hyundai Santa Fe
The 2016 Hyundai Santa Fe is our top pick for the best model year value for the Santa Fe. With the 2016, you would only pay, on average, 45% of the price as new, with 67% of the vehicle's useful life remaining. The 2017 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 |
---|---|---|---|---|---|---|---|
2020 | $35,698 | $35,698 | $288 | $0 | 0% | 100% | |
2019 | $35,358 | $27,219 | $332 | $8,479 | 23.75% | 76.04% | Good |
2018 | $35,079 | $22,986 | $414 | $4,233 | 15.55% | 64.35% | Better |
2017 | $34,982 | $19,504 | $538 | $3,482 | 15.15% | 54.22% | Better |
2016 | $32,425 | $15,222 | $619 | $4,282 | 21.95% | 45.04% | Best |
2015 | $32,184 | $14,181 | $785 | $1,041 | 6.84% | 41.62% | Good |
2014 | $31,942 | $13,503 | $1,087 | $678 | 4.78% | 38.87% | |
2013 | $29,138 | $12,170 | $1,230 | $1,333 | 9.87% | 37.55% | |
2012 | $26,376 | $9,615 | $1,325 | $2,555 | 20.99% | 31.43% | |
2011 | $25,665 | $8,623 | $1,514 | $992 | 10.32% | 27.7% | |
2010 | $25,319 | $7,544 | $1,555 | $1,079 | 12.51% | 23.65% | |
2009 | $25,225 | $7,029 | $1,782 | $515 | 6.83% | 20.8% | |
2008 | $25,149 | $6,295 | $2,104 | $734 | 10.44% | 16.66% |
Year | Price | % Paid | Value Rank |
---|---|---|---|
2020 | $35,698 | 100% | |
2019 | $27,219 | 76.04% | Good |
2018 | $22,986 | 64.35% | Better |
2017 | $19,504 | 54.22% | Better |
2016 | $15,222 | 45.04% | Best |
2015 | $14,181 | 41.62% | Good |
2014 | $13,503 | 38.87% | |
2013 | $12,170 | 37.55% | |
2012 | $9,615 | 31.43% | |
2011 | $8,623 | 27.7% | |
2010 | $7,544 | 23.65% | |
2009 | $7,029 | 20.8% | |
2008 | $6,295 | 16.66% |
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: