Price for Hyundai I40
Hyundai I40 Vehicles have experienced a considerable decrease in their selling price recently. This model has gone through a strong reduction in its selling price.
The selling price for Hyundai I40 cars has had a strong depreciation during the last 6 months we have studied. In September the price for a car is £6,483 increasing till £7,073 in October. The following two months (November, December) the selling price went through a devaluation of -13 percent in the average selling price compared to the previous two months analyzed. In the last two months, the price has gone through a strong devaluation of -52 % compared to the 4 previous average values going down from £6,335.5 to £3,026.5.
The average price for Hyundai I40 has had a strong rise in recent years. Between 2012 and 2014, the average price is £4,267. There was a significant inflation of the average price in 2012 (£3,546) moving up till (£5,226)in 2014. During the next two years (2015, 2016) the price for the aforementioned model has gone up strongly a 46 %. During the last two years, prices in the car industry have gone up 11 % 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 (£7,012.5) and the the last two years that were studied (2017, 2018) with a price of £7,794.
