Depreciation
The depreciation graph and accompanying table on our page detail how the 2024 HYUNDAI SANTA CRUZ'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) 2024 HYUNDAI SANTA CRUZ in 2024 was $37,155.
The average price for used 2024 HYUNDAI SANTA CRUZ nowadays in 2024 is $33,750 which is 91% from the original price.
Estimated mileage driven per year is 8,264 miles.
The graph below is a depreciation curve for 2024 HYUNDAI SANTA CRUZ. 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 2024 HYUNDAI SANTA CRUZ 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 | ||
|---|---|---|---|---|---|---|
| 2024 MSRP | 0 mi | $37,155 | — | — | 100% | 0% |
| 2024 | 8,264 mi | $33,750 | +$3,405 | +9.16% | 90.84% | 9.16% |
| 2025 | 16,528 mi | $29,895 | +$3,855 | +11.42% | 80.46% | 19.54% |
| 2026 | 24,792 mi | $27,550 | +$2,345 | +7.84% | 74.15% | 25.85% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the HYUNDAI SANTA CRUZ’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 2024 HYUNDAI SANTA CRUZ. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2024 HYUNDAI SANTA CRUZ by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $31,992 | 82 sales |
| 5,000 mi | $33,997 | 572 sales |
| 10,000 mi | $33,896 | 165 sales |
| 15,000 mi | $31,366 | 26 sales |
Frequently asked questions
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.
Buying a used car can be a great value, especially if the vehicle is part of a Certified Pre-Owned program and has been well-maintained and lightly used.
Proper maintenance and good condition can slow the depreciation of a 2024 HYUNDAI SANTA CRUZ by making it more attractive to potential buyers, thereby preserving more of its value.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
Aftermarket modifications can affect the depreciation of 2024 HYUNDAI SANTA CRUZ either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
Mileage is considered a major factor in the depreciation of vehicles because it directly correlates with the amount of use and potential wear and tear the vehicle has undergone.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
Other years of HYUNDAI SANTA CRUZ
2022 HYUNDAI SANTA CRUZ
$27,550 average used price
18,800+ sales records
2023 HYUNDAI SANTA CRUZ
$29,895 average used price
810+ sales records
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