Hyundai Sonata in Kimhae

Hyundai Sonata for sale in Kimhae (South Korea)

Are you currently in the market to buy (or sell) a Hyundai Sonata in Kimhae? Vehiclus studied the local used automotive market of all metropolitan areas in South Korea to establish a pricing profile of various Hyundai models depending on their age, technical condition, optical condition, and mileage. To optimize your profits when selling your Sonata (or to be sure to not be ripped off when buying a Hyundai Sonata) it is useful to know most price-determining variables.

Supply and Demand of Hyundai Sonata on the local vehicle market

Kimhae is a town with currently 356242 inhabitants. Nevertheless, it is hard to find more than five Hyundai Sonata on the market at the same time. That's why the supply is low and the demand depends on various of parameters e.g. brand reputation, fuel mileage, and reliability.

Price Devaluation Curve of the Sonata in Kimhae

As pictured below, cars of the make Hyundai and specially of their model Sonata devaluate in a very customary way. The mean price of the Sonata will be lowered by up to 13% ($22,976) after only one year. After three years, the car typically goes for only 62% of its original asking price ($16,494) while it will only be valued at 29% of the original price after 7 years ($7,397). The Sonata's value after 12 years is only 10% of its first price depending on its condition of course.


Depreciation according to vehicle mileage

Another way to analyze car depreciation is to study the loss of value vs miles driven. The Hyundai Sonata depreciation curve below describes this phenomenon for the city of Kimhae. The Sonata looses most of its value (ca 46%) within the first 30k kilometers driven. The mean price for a Sonata at that usage level is ca $14,747. After that the devaluation plateaus: at 90k km the Hyundai Sonata is priced for $8,530 in Kimhae and for $4,212 at 180,000km of mileage.

Hyundai Sonata price depending on condition (fair, good, excellent)

The last factor that significantly influences the selling price of a used car is the technical and optical condition of the vehicle. The table below shows the devaluation of a Hyundai Sonata according to its year and its condition.

Vehicle Year Hyundai Sonata Condition
fair good excellent
2017$22,840$24,587$26,335
2016$20,085$21,622$23,159
2015$17,526$18,867$20,208
2014$15,162$16,322$17,483
2013$12,994$13,988$14,982
2012$11,021$11,864$12,707
2011$9,243$9,950$10,658
2010$7,661$8,247$8,833
2009$6,274$6,754$7,234
2008$5,082$5,471$5,860
2007$4,086$4,398$4,711
2006$3,285$3,536$3,788
2005$2,679$2,884$3,089
2004$2,269$2,443$2,616
2003$2,054$2,211$2,369
2002$2,035$2,190$2,346

Enter vehicle make, model and city of interest:


Ford
Focus
starting at
$6,119
in Abiko (JP)
Hyundai
i40
starting at
$6,556
in Noyabrsk (RU)
Honda
Fr-V
starting at
$9,940
in Brooklyn Park (US)
Hyundai Sonata variations:
SONATA 2.0L GLS Confort BVA
SONATA 2.0 PACK Luxe BVA
SONATA 2.0 CRDi (140ch) PACK Luxe BVA
SONATA 2.0 CRDi (140ch) PACK Confort / Luxe M