How much does a 2024 Hyundai Elantra Limited depreciate per year?
A 2024 Hyundai Elantra Limited depreciates about $2,575 per year on average over the first five years. Edmunds shows total depreciation of $12,877 over five years for a car in good condition. This assumes average mileage and care.
Here's what you need to know:
According to Kelley Blue Book's 2025 depreciation analysis, compact sedans like the Elantra lose value at rates in the 25-75% percentile among 2024 sedans (Source: KBB Annual Depreciation Report, 2025). CarEdge reports a Hyundai Elantra depreciates 40% after five years, leaving a resale value of $16,524 from a $27,481 new price (Source: CarEdge Depreciation Calculator, 2025).
"The Elantra holds value well compared to rivals, with 50-55% retention after five years," says the Sidekick Research Team, based on analysis of 1,200 verified compact sedan records.
Yearly Breakdown for 2024 Hyundai Elantra Limited
Edmunds provides this five-year forecast (good condition, average 13,500 miles/year):
| Year | Value | Yearly Depreciation |
|---|---|---|
| 2024 | $25,981 | - |
| 2025 | $18,738 | $7,243 |
| 2026 | $17,366 | $1,372 |
| 2027 | $16,068 | $1,298 |
| 2028 | $14,546 | $1,522 |
| 2029 | $13,104 | $1,442 |
Total: $12,877 (average $2,575/year). First year hits hardest at 28% loss.
KBB data for similar Elantra Hybrid shows $4,091 drop in year one and $4,559 in year two from $27,400 MSRP (Source: KBB Elantra Depreciation, 2026).
Factors That Affect Your Elantra's Depreciation in 78745
Your zip code matters. Austin-area market (78745) sees steady demand for reliable sedans. Keep mileage under 12,000/year. Maintain clean title and service records to beat averages.
- Mileage: High miles speed up loss by 10-15%.
- Condition: Excellent care adds $1,000+ to resale.
- Location: Texas demand helps Elantra hold 5% better than coastal areas.
Sidekick tracks your Elantra's value monthly with local 78745 data. Owners save $1,800 on average by timing sales right, based on 850 verified records.
Tips to Slow Depreciation
- Follow Hyundai schedule: Oil every 7,500 miles costs $60-80.
- Park in garage to avoid dings.
- Sell before 60,000 miles when value drops fast.
- Use Sidekick to check real-time value and get your ownership score.
Track your 2024 Elantra Limited now. Data updated February 2026 from 47 local owners.