Hyundai 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 cars has had a strong depreciation during the last 6 months we have studied. The average price in October was of KSh 6,216,667. This price hardly went through any changes and remained at KSh 6,216,667 during November. The following two months (December, January) the selling price went through a devaluation of -14 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 -30 % compared to the 4 previous average values going down from KSh 5,777,813 to KSh 4,057,127.