Depreciation
The depreciation graph and accompanying table on our page detail how the 2017 HYUNDAI VELOSTER'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) 2017 HYUNDAI VELOSTER in 2017 was $22,630.
The average price for used 2017 HYUNDAI VELOSTER nowadays in 2024 is $12,498 which is 55% from the original price.
Estimated mileage driven per year is 10,863 miles.
The graph below is a depreciation curve for 2017 HYUNDAI VELOSTER. 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 2017 HYUNDAI VELOSTER 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 | ||
|---|---|---|---|---|---|---|
| 2017 MSRP | 0 mi | $22,630 | — | — | 100% | 0% |
| 2019 | 32,589 mi | $28,634 | +$0 | +0% | 126.53% | -26.53% |
| 2020 | 43,452 mi | $25,999 | +$2,635 | +9.2% | 114.89% | -14.89% |
| 2021 | 54,315 mi | $19,998 | +$6,001 | +23.08% | 88.37% | 11.63% |
| 2022 | 65,178 mi | $17,261 | +$2,737 | +13.69% | 76.27% | 23.73% |
| 2024 | 86,904 mi | $12,498 | +$0 | +0% | 55.23% | 44.77% |
| 2025 | 97,767 mi | $11,695 | +$803 | +6.43% | 51.68% | 48.32% |
| 2026 | 108,630 mi | $10,299 | +$1,396 | +11.94% | 45.51% | 54.49% |
| 2027 | 119,493 mi | $9,555 | +$744 | +7.22% | 42.22% | 57.78% |
| 2028 | 130,356 mi | $8,695 | +$860 | +9% | 38.42% | 61.58% |
| 2029 | 141,219 mi | $7,753 | +$942 | +10.83% | 34.26% | 65.74% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the HYUNDAI VELOSTER’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 2017 HYUNDAI VELOSTER. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2017 HYUNDAI VELOSTER by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 5,000 mi | $19,848 | 20 sales |
| 10,000 mi | $20,498 | 50 sales |
| 15,000 mi | $20,990 | 63 sales |
| 20,000 mi | $19,990 | 96 sales |
| 25,000 mi | $19,401 | 182 sales |
| 30,000 mi | $19,590 | 265 sales |
| 35,000 mi | $19,590 | 295 sales |
| 40,000 mi | $18,989 | 379 sales |
| 45,000 mi | $17,984 | 299 sales |
| 50,000 mi | $17,590 | 319 sales |
| 55,000 mi | $17,100 | 326 sales |
| 60,000 mi | $16,990 | 456 sales |
| 65,000 mi | $16,990 | 367 sales |
| 70,000 mi | $15,990 | 405 sales |
| 75,000 mi | $14,995 | 349 sales |
| 80,000 mi | $14,998 | 349 sales |
| 85,000 mi | $14,800 | 233 sales |
| 90,000 mi | $12,995 | 241 sales |
| 95,000 mi | $13,488 | 167 sales |
| 100,000 mi | $13,646 | 172 sales |
| 105,000 mi | $12,950 | 205 sales |
| 110,000 mi | $10,958 | 126 sales |
| 115,000 mi | $10,997 | 58 sales |
| 120,000 mi | $10,500 | 39 sales |
| 125,000 mi | $10,398 | 23 sales |
| 130,000 mi | $10,999 | 31 sales |
| 135,000 mi | $10,900 | 23 sales |
| 140,000 mi | $9,595 | 17 sales |
| 145,000 mi | $9,999 | 13 sales |
| 155,000 mi | $10,486 | 10 sales |
Frequently asked questions
Car depreciation is the decrease in value of a vehicle over time. It's a crucial factor to consider when calculating the total cost of vehicle ownership.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
Technology plays a significant role in the depreciation of vehicles, as models with outdated tech depreciate faster due to lower consumer demand for older features.
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.
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.
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.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
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.
The expected depreciation of a vehicle after three years can vary, but generally, cars lose a significant portion of their value within the first few years.
Other years of HYUNDAI VELOSTER
2012 HYUNDAI VELOSTER
$7,753 average used price
13,300+ sales records
2016 HYUNDAI VELOSTER
$11,695 average used price
40,000+ sales records
2019 HYUNDAI VELOSTER
$17,261 average used price
22,500+ sales records
2020 HYUNDAI VELOSTER
$19,998 average used price
17,100+ sales records
2021 HYUNDAI VELOSTER
$25,999 average used price
2,700+ sales records
2022 HYUNDAI VELOSTER
$28,634 average used price
1,500+ sales records
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2017 HYUNDAI VELOSTER on BADVIN
