Hyundai Sonata Vehicles have gone through a slight rise in their retail price recently. The prices for this particular model have risen.
The retail prices for Hyundai Sonata cars have increased during the last 6 months. The average price for June is RM 44,415. During July there was a slight reduction in the selling prices dropping till RM 41,849. During the following two months (August, September) the average selling price rose somewhat going from RM 43,132 to RM 46,458.5. The average price has had spectacular rise of 20 % with an average price of RM 44,795.25 during the previous 4 months and RM 53,645.5 during the most recent months in October and November.
The average price for Hyundai Sonata has had a strong rise in recent years. Between 2002 and 2014, the average price is RM 18,943.33. There was a significant inflation of the average price in 2002 (RM 6,362) moving up till (RM 46,829)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 199 %. 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 84,723) and the the last two years that have been analyzed (2017, 2020) with a price of RM 112,886.
The graph that displays the price for Hyundai Sonata cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 94 % more affordable than the average price (RM 59,719). Next with a price of RM 15,906 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "10,000 - 25,000". It is 96% more costly than the average market value followed by those vehicles with a mileage of "25,000 - 50,000" and a price of RM 50,870.