When Will Used Car Prices Drop? 3 Things Car Shoppers Should Know
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Hyundai Motor Company (Hyundai) is recalling certain model year 2011-2014 Hyundai Tucson vehicles manufactured January 3, 2011, through December 23, 2013. In the affected vehicles, the air bag assembly installed in the steering wheel may come loose from its mounting.
Hyundai Motor America (Hyundai) is recalling certain 2016-2018 Santa Fe, 2017-2018 Santa Fe Sport, 2019 Santa Fe XL, and 2014-2015 Tucson vehicles. The Anti-Lock Brake System (ABS) module could malfunction and cause an electrical short, which could result in an engine compartment fire.
Title | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total for 5 years |
---|---|---|---|---|---|---|
Depreciation |
Year 1 $1,174 |
Year 2 $1,083 |
Year 3 $993 |
Year 4 $903 |
Year 5 $813 |
Total for 5 years: $4,966 |
Insurance |
Year 1 $1,689 |
Year 2 $1,748 |
Year 3 $1,809 |
Year 4 $1,872 |
Year 5 $1,938 |
Total for 5 years: $9,056 |
Fuel |
Year 1 $1,529 |
Year 2 $1,575 |
Year 3 $1,630 |
Year 4 $1,696 |
Year 5 $1,772 |
Total for 5 years: $8,202 |
Maintenance |
Year 1 $2,763 |
Year 2 $1,749 |
Year 3 $1,021 |
Year 4 $927 |
Year 5 $2,291 |
Total for 5 years: $8,751 |
Repair |
Year 1 $1,025 |
Year 2 $1,182 |
Year 3 $1,348 |
Year 4 $1,467 |
Year 5 $1,682 |
Total for 5 years: $6,704 |
Taxes & Fees |
Year 1 $678 |
Year 2 $77 |
Year 3 $98 |
Year 4 $63 |
Year 5 $88 |
Total for 5 years: $1,004 |
Total for 5 years: $38,685
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By following these tips, you will get a great deal on a used car.
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