Hyundai Sonata Depreciation

A Hyundai Sonata will depreciate 57% after 5 years and have a 5 year resale value of $12,324.

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 $28,601 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 Sonata.

Hyundai Sonata Depreciation Calculator

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Hyundai Sonata Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $6,349 77.80% $22,252 12,000 2022
2 $9,533 66.67% $19,068 24,000 2023
3 $11,283 60.55% $17,318 36,000 2024
4 $12,865 55.02% $15,736 48,000 2025
5 $16,277 43.09% $12,324 60,000 2026
6 $16,480 42.38% $12,121 72,000 2027
7 $17,186 39.91% $11,415 84,000 2028
8 $19,211 32.83% $9,390 96,000 2029
9 $20,822 27.20% $7,779 108,000 2030
10 $21,165 26.00% $7,436 120,000 2031

Hyundai Sonata Depreciation

Years Old Depreciation Residual Value Resale Value
1 $6,349 77.80% $22,252
2 $9,533 66.67% $19,068
3 $11,283 60.55% $17,318
4 $12,865 55.02% $15,736
5 $16,277 43.09% $12,324
6 $16,480 42.38% $12,121
7 $17,186 39.91% $11,415
8 $19,211 32.83% $9,390
9 $20,822 27.20% $7,779
10 $21,165 26.00% $7,436

Buying a Hyundai Sonata New vs Used

If you purchase a used Hyundai Sonata that is 2 years old, then you could save $9,533 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 $6,744. 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 Sonata models become available.

What About Hyundai Sonata Insurance Costs?

The average cost to insure a Hyundai Sonata is about $1,724 per year. This adds up to around $8,620 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 Sonata. 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 Sonata

The 2019 Hyundai Sonata is our top pick for the best model year value for the Sonata. With the 2019, you would only pay, on average, 67% of the price as new, with 83% of the vehicle's useful life remaining. The 2016 and 2018 model years are also attractive years for the Sonata, and provide a relatively good value. Our rankings consider multiple factors, including the Sonata'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 Sonata models.

Hyundai Sonata Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2021 $28,601 $28,601 $211 $0 0% 100%
2020 $27,965 $22,004 $246 $6,597 23.07% 77.8% Good
2019 $26,694 $18,099 $301 $3,905 17.75% 66.67% Best
2018 $25,559 $15,863 $388 $2,236 12.35% 60.55% Better
2017 $25,214 $14,334 $461 $1,529 9.64% 55.02% Good
2016 $25,937 $11,751 $576 $2,583 18.02% 43.09% Better
2015 $25,599 $11,658 $809 $93 0.79% 42.38%
2014 $23,348 $10,221 $902 $1,437 12.33% 39.91%
2013 $22,573 $8,398 $988 $1,823 17.84% 32.83%
2012 $22,327 $7,188 $1,116 $1,210 14.41% 27.2%
2011 $21,675 $5,636 $1,132 $1,552 21.59% 26%
2010 $20,996 $5,919 $1,269 +$283 -5.02% 22.15%
2009 $20,584 $4,144 $1,468 $1,775 29.99% 13%
Year Price % Paid Value Rank
2021 $28,601 100%
2020 $22,004 77.8% Good
2019 $18,099 66.67% Best
2018 $15,863 60.55% Better
2017 $14,334 55.02% Good
2016 $11,751 43.09% Better
2015 $11,658 42.38%
2014 $10,221 39.91%
2013 $8,398 32.83%
2012 $7,188 27.2%
2011 $5,636 26%
2010 $5,919 22.15%
2009 $4,144 13%

Hyundai Sonata Depreciation Rankings

Depreciation Rankings

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

Depreciation Rankings

Other Hyundai Sonata 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 Sonata 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: