Hyundai Elantra Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for Hyundai Elantra cars have remained constant in the last 6 months. The average price in June was of RM 47,237. This price hardly went through any changes and remained at RM 45,221 during July. During the following two months (August, September) the average selling price rose somewhat going from RM 46,229 to RM 50,551. During the last couple of months, the average price has hardly changed, remaining the same going from RM 48,390 to RM 50,213 during October and November.
The average price for Hyundai Elantra has had a strong rise in recent years. Between 2001 and 2016, the average price is RM 21,745.92. There was a significant inflation of the average price in 2001 (RM 5,138) moving up till (RM 43,213)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 215 %. During the last two years, prices in the car industry have gone through a strong rise of 33 % compared to the average values for the previous 4 years. This was taken from studying the prices for the the preceding four years in previous sample (RM 102,413) and the the last two years that have been analyzed (2020, 2021) with a price of RM 136,383.5.
The graph that displays the price for Hyundai Elantra cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 55 % more affordable than the average price (RM 52,688). Next with a price of RM 40,230 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 11% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at RM 44,932.