Hyundai Sonata Depreciation

A Hyundai Sonata will depreciate 35% after 5 years and have a 5 year resale value of $20,712.

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 $31,801 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 $1,584 95.02% $30,217 12,000 2022
2 $2,954 90.71% $28,847 24,000 2023
3 $4,662 85.34% $27,139 36,000 2024
4 $6,300 80.19% $25,501 48,000 2025
5 $11,089 65.13% $20,712 60,000 2026
6 $13,560 57.36% $18,241 72,000 2027
7 $14,218 55.29% $17,583 84,000 2028
8 $15,058 52.65% $16,743 96,000 2029
9 $16,304 48.73% $15,497 108,000 2030
10 $18,146 42.94% $13,655 120,000 2031

Hyundai Sonata Depreciation

Years Old Depreciation Residual Value Resale Value
1 $1,584 95.02% $30,217
2 $2,954 90.71% $28,847
3 $4,662 85.34% $27,139
4 $6,300 80.19% $25,501
5 $11,089 65.13% $20,712
6 $13,560 57.36% $18,241
7 $14,218 55.29% $17,583
8 $15,058 52.65% $16,743
9 $16,304 48.73% $15,497
10 $18,146 42.94% $13,655

Buying a Hyundai Sonata New vs Used

If you purchase a used Hyundai Sonata that is 2 years old, then you could save $2,954 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 $8,135. 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 $1,882 per year. This adds up to around $9,410 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 2021 Hyundai Sonata is our top pick for the best model year value for the Sonata. With the 2021, you would only pay, on average, 95% of the price as new, with 92% of the vehicle's useful life remaining. The 2017 and 2016 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
2022 $31,801 $31,801 $218 $0 0% 100%
2021 $31,737 $30,409 $252 $1,392 4.38% 95.02% Best
2020 $27,965 $25,674 $307 $4,735 15.57% 90.71% Good
2019 $26,694 $23,175 $395 $2,499 9.73% 85.34% Good
2018 $25,559 $20,964 $468 $2,211 9.54% 80.19%
2017 $25,214 $17,004 $583 $3,960 18.89% 65.13% Better
2016 $25,937 $15,693 $816 $1,311 7.71% 57.36% Better
2015 $25,599 $15,062 $908 $631 4.02% 55.29%
2014 $23,348 $13,287 $994 $1,775 11.78% 52.65%
2013 $22,573 $12,122 $1,122 $1,165 8.77% 48.73%
2012 $22,327 $10,726 $1,139 $1,396 11.52% 42.94%
2011 $21,675 $9,557 $1,276 $1,169 10.9% 38.21%
2010 $20,996 $7,364 $1,474 $2,193 22.95% 28.05%
Year Price % Paid Value Rank
2022 $31,801 100%
2021 $30,409 95.02% Best
2020 $25,674 90.71% Good
2019 $23,175 85.34% Good
2018 $20,964 80.19%
2017 $17,004 65.13% Better
2016 $15,693 57.36% Better
2015 $15,062 55.29%
2014 $13,287 52.65%
2013 $12,122 48.73%
2012 $10,726 42.94%
2011 $9,557 38.21%
2010 $7,364 28.05%

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: