Hyundai Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Hyundai cars have gone through a strong rise during the last 6 months. The average price in August was of S$ 38,935. This price hardly went through any changes and remained at S$ 37,063 during September. During the following two months (October, November) the average selling price experienced a noticeable rise, going up 99 % from S$ 37,999 to S$ 75,609. The average price has had spectacular rise of 37 % with an average price of S$ 56,804 during the previous 4 months and S$ 77,645.5 during the most recent months in December and January.
The average price for Hyundai has had a strong rise in recent years. Between 2006 and 2015, the average price is S$ 43,105.2. There was a significant inflation of the average price in 2006 (S$ 14,560) moving up till (S$ 62,641)in 2015. During the next two years (2016, 2017) the price for the aforementioned model has gone up strongly a 61 %. During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of S$ 72,812.25 in 2018 and S$ 76,089.5 during 2019.
The graph that displays the price for Hyundai 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 61 % more affordable than the average price (S$ 77,617). Next with a price of S$ 31,115 and a mileage range of "more than 200,000" we would see the following vehicles. The mileage range for the most affordable cars is "10,000 - 25,000". It is 8% less expensive than the average market value followed by those cars with a mileage of "25,000 - 50,000" priced at S$ 65,964.