Hyundai Sonata 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 Sonata cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was $22,175. November went through a strong inflation with a rise in the price till $26,361. During the following two months (December, January) the average selling price rose somewhat going from $24,268 to $27,581. The average price has risen 11 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price ($28,742) during February and March.
The average price for Hyundai Sonata has had a strong rise in recent years. Between "before 2000" and 2019, the average price is $16,004.14. There was a significant inflation of the average price in "before 2000" ($3,139) moving up till ($21,511)in 2019. During the next two years (2021, 2022) the price for the aforementioned model has gone up strongly a 183 %. During the last two years, prices in the car industry have gone up 13 % compared to the average values for the previous 4 years. This conclusion was reached from studying the prices for the the preceding four years in previous sample ($52,108.75) and the the last two years that were studied (2023, 2024) with a price of $58,989.
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 83 % more affordable than the average price ($29,946). Next with a price of $15,818 and a mileage range of "100,000 - 200,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 92% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of $43,535.
The graph showing the average price for the fuel type for Hyundai Sonata cars points out to "Gasoline" as being the cheapest fuel type. It is 3 % less expensive than the average market price ($29,946) followed by "Petrol" priced at $33,122. On average the most expensive type of fuel is "Petrol". It´s price is 11 % higher than the average market price followed by "Gasoline" which costs $29,195.