Hyundai IX20 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 IX20 cars has had a strong depreciation during the last 6 months we have studied. The average price for September is €12,590. During October there was a slight reduction in the selling prices dropping till €11,124. The following two months (November, December) the selling price went through a devaluation of -5 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 -51 % compared to the 4 previous average values going down from €11,558.5 to €5,638.5.
The average price for Hyundai IX20 has had a strong rise in recent years. Between 2011 and 2016, the average price is €8,253.17. There was a significant inflation of the average price in 2011 (€5,498) moving up till (€12,331)in 2016. During the next two years (2017, 2018) the price for the aforementioned model has gone up strongly a 55 %. During the last two years, prices in the car industry have gone up 13 % 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 (€14,682.25) and the the last two years that were studied (2019, 2020) with a price of €16,580.
The graph showing the average price for the fuel type for Hyundai IX20 cars marks "Diesel" as the most costly fuel type. It is 2147483647 % more expensive than the average market price () followed by "Petrol" priced at €11,985. On average the most expensive type of fuel is "Petrol". It´s price is 2147483647 % higher than the average market price followed by "Diesel" which costs €10,679.