Hyundai Tiburon 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 Tiburon cars has had a strong depreciation during the last 6 months we have studied. In October the average price per vehicle is $10,797. During November the price went trough a strong deflation till $9,160. The following two months the selling price went through a strong reduction of -16 % compared to the previous two months studied. In the last two months, the price has gone through a strong devaluation of -38 % compared to the 4 previous average values going down from $9,203.5 to $5,729.
The average price for Hyundai Tiburon has become more expensive in recent years. Between 2000 and 2004, the average price is $5,723.5. There was a significant inflation of the average price in 2000 ($6,633) moving up till ($7,632)in 2004. During the next two years (2005, 2006) the price for the aforementioned model has gone up strongly a 28 %. During the last two years, prices in the car industry have gone up 14 % 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 ($8,476) and the the last two years that were studied (2007, 2008) with a price of $9,641.
The graph that displays the price for Hyundai Tiburon cars according to their mileage shows that those cars within a mileage range of "more than 200,000" are the ones with the lowest price. They are 36 % more affordable than the average price ($6,665). Next with a price of $7,024 and a mileage range of "less than 10,000" we would see the following vehicles. The mileage range for the most expensive cars is "less than 10,000". It is 5% more costly than the average market value followed by those vehicles with a mileage of "more than 200,000" and a price of $4,286.