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Hyundai Elantra N depreciation: value by age

Value kept after 3 years

73%

  • Loses 27% in 3 years.
  • 2023 N FWD. New: $34,015. Now: $25,000.
  • Median sedan at 3 years: 66% kept.
  • Value now: KBB fair price.

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0%20%40%60%80%100%2 yr5 yr8 yr11 yr14 yr17 yrElantra Nsedan median
Share of original MSRP kept, by age. Blue: median of 74 to 103 sedans per age.
Hyundai Elantra N value by model year
Model yearAgeTrimOriginal MSRPValue nowSourceKeptLostLost per year
20242N FWD$34,850$26,200KBB fair price75%$8,650$4,325
20233N FWD$34,015$25,000KBB fair price73%$9,015$3,005
20224N FWD$33,245$23,100KBB fair price69%$10,145$2,536
Biggest drop
New to age 2: $4,325 a year.
Values as of
October 2026

KBB resale value by year

Hyundai Elantra N: KBB resale value by calendar year
Model year20232024202520262027 KBB forecast2028 KBB forecast
2024N/A$31,596$25,646$23,600$20,985$18,642
2023$34,015$27,751$23,442$22,600$20,106$18,097
2022$29,694$23,722$21,265$20,900$18,235$15,986

KBB resale values. 2027 and 2028 are KBB forecasts.

What this cannot tell you

Values as of October 2026. KBB and CarGurus national figures.

Mileage and condition change the value.

How values are checked