Hyundai IX20 Vehicles have gone through a slight decrease in their retail price recently. This model has gone through an overall fall in its selling price.
The selling price for Hyundai IX20 cars has fallen during the last 6 months we have analyzed. The average price for April is £9,845. During May there was a slight reduction in the selling prices dropping till £8,533. The following two months (June, July) the selling price went through a devaluation of -6 percent in the average selling price compared to the previous two months analyzed. The average price has risen 7 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (£9,534) during August and September.
The average price for Hyundai IX20 has had a strong rise in recent years. Between 2011 and 2016, the average price is £5,712.5. There was a significant inflation of the average price in 2011 (£4,030) moving up till (£8,131)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 70 %. During the last two years, prices in the car industry have gone up 10 % 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 (£10,775) and the the last two years that were studied (2019, 2020) with a price of £11,847.5.
The graph that displays the price for Hyundai IX20 cars according to their mileage shows that those cars within a mileage range of "100,000 - 200,000" are the ones with the lowest price. They are 64 % more affordable than the average price (£9,559). Next with a price of £5,308 and a mileage range of "50,000 - 100,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 36% more costly than the average market value followed by those vehicles with a mileage of "10,000 - 25,000" and a price of £10,399.
The graph showing the average price for the fuel type for Hyundai IX20 cars points out to "Diesel" as being the cheapest fuel type. It is 56 % less expensive than the average market price (£9,559) followed by "Petrol" priced at £9,503. On average the cheapest type of fuel is "Petrol". It´s price is 1 % more affordable than the average market value followed by "Diesel" with a price of £4,190.