Depreciation
The depreciation graph and accompanying table on our page detail how the 2006 HYUNDAI ELANTRA's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 2006 HYUNDAI ELANTRA in 2006 was $20,800.
The average price for used 2006 HYUNDAI ELANTRA nowadays in 2024 is $3,999 which is 19% from the original price.
Estimated mileage driven per year is 10,128 miles.
The graph below is a depreciation curve for 2006 HYUNDAI ELANTRA. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 2006 HYUNDAI ELANTRA in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 2006 MSRP | 0 mi | $20,800 | — | — | 100% | 0% |
| 2006 | 10,128 mi | $22,990 | −$2,190 | −10.53% | 110.53% | -10.53% |
| 2007 | 20,256 mi | $21,675 | +$1,315 | +5.72% | 104.21% | -4.21% |
| 2008 | 30,384 mi | $19,998 | +$1,677 | +7.74% | 96.14% | 3.86% |
| 2009 | 40,512 mi | $18,987 | +$1,011 | +5.06% | 91.28% | 8.72% |
| 2010 | 50,640 mi | $15,988 | +$2,999 | +15.8% | 76.87% | 23.13% |
| 2011 | 60,768 mi | $14,989 | +$999 | +6.25% | 72.06% | 27.94% |
| 2012 | 70,896 mi | $13,991 | +$998 | +6.66% | 67.26% | 32.74% |
| 2013 | 81,024 mi | $12,305 | +$1,686 | +12.05% | 59.16% | 40.84% |
| 2014 | 91,152 mi | $10,890 | +$1,415 | +11.5% | 52.36% | 47.64% |
| 2015 | 101,280 mi | $9,995 | +$895 | +8.22% | 48.05% | 51.95% |
| 2016 | 111,408 mi | $9,900 | +$95 | +0.95% | 47.6% | 52.4% |
| 2017 | 121,536 mi | $8,991 | +$909 | +9.18% | 43.23% | 56.77% |
| 2018 | 131,664 mi | $8,497 | +$494 | +5.49% | 40.85% | 59.15% |
| 2019 | 141,792 mi | $7,330 | +$1,167 | +13.73% | 35.24% | 64.76% |
| 2020 | 151,920 mi | $5,995 | +$1,335 | +18.21% | 28.82% | 71.18% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the HYUNDAI ELANTRA’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 2006 HYUNDAI ELANTRA. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2006 HYUNDAI ELANTRA by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 25,000 mi | $7,983 | 10 sales |
| 35,000 mi | $7,595 | 24 sales |
| 40,000 mi | $6,325 | 12 sales |
| 45,000 mi | $5,995 | 21 sales |
| 50,000 mi | $5,999 | 38 sales |
| 55,000 mi | $5,899 | 41 sales |
| 60,000 mi | $5,000 | 45 sales |
| 65,000 mi | $5,365 | 61 sales |
| 70,000 mi | $4,998 | 50 sales |
| 75,000 mi | $4,999 | 58 sales |
| 80,000 mi | $4,995 | 77 sales |
| 85,000 mi | $5,500 | 73 sales |
| 90,000 mi | $4,968 | 80 sales |
| 95,000 mi | $3,995 | 80 sales |
| 100,000 mi | $4,500 | 75 sales |
| 105,000 mi | $4,495 | 79 sales |
| 110,000 mi | $4,499 | 97 sales |
| 115,000 mi | $3,995 | 106 sales |
| 120,000 mi | $4,475 | 106 sales |
| 125,000 mi | $3,995 | 95 sales |
| 130,000 mi | $3,995 | 112 sales |
| 135,000 mi | $3,891 | 103 sales |
| 140,000 mi | $3,995 | 87 sales |
| 145,000 mi | $3,968 | 89 sales |
| 150,000 mi | $3,478 | 77 sales |
| 155,000 mi | $3,800 | 62 sales |
| 160,000 mi | $3,925 | 66 sales |
| 165,000 mi | $3,495 | 83 sales |
| 170,000 mi | $3,248 | 26 sales |
| 175,000 mi | $3,881 | 54 sales |
| 180,000 mi | $2,995 | 37 sales |
| 185,000 mi | $2,997 | 38 sales |
| 190,000 mi | $2,995 | 31 sales |
| 195,000 mi | $3,995 | 23 sales |
| 200,000 mi | $2,225 | 23 sales |
| 205,000 mi | $2,996 | 18 sales |
| 210,000 mi | $2,700 | 21 sales |
| 215,000 mi | $2,500 | 11 sales |
Frequently asked questions
On average, a new car can depreciate by approximately 23% after the first year, reflecting the premium paid for new technology and immediate depreciation once it's considered used.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
Understanding depreciation is important for car owners to manage financial expectations and make informed decisions about selling or trading in their vehicles at the right time.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
To minimize depreciation costs, consider purchasing a model known for retaining its value or opting for a slightly used vehicle that has already undergone initial depreciation.
Proper maintenance and good condition can slow the depreciation of a 2006 HYUNDAI ELANTRA by making it more attractive to potential buyers, thereby preserving more of its value.
The best time of year to sell your car to minimize depreciation might be just before the release of a new model, when demand for used models could be higher.
A CPO vehicle offers the reliability of a new car at a lower price, backed by a comprehensive warranty, making it a great option for those seeking value and peace of mind.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
Economic downturns can lead to decreased demand and lower resale values for vehicles, as buyers may defer purchasing vehicles or opt for less expensive alternatives.
Other years of HYUNDAI ELANTRA
1994 HYUNDAI ELANTRA
10+ sales records
1996 HYUNDAI ELANTRA
20+ sales records
1999 HYUNDAI ELANTRA
100+ sales records
2001 HYUNDAI ELANTRA
$3,495 average used price
650+ sales records
2011 HYUNDAI ELANTRA
$7,330 average used price
20,000+ sales records
2020 HYUNDAI ELANTRA
$15,988 average used price
175,800+ sales records
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