Which Hyundai ix35 trim depreciates the fastest?

The Hyundai ix35 was first introduced locally in 2010 and continued on the sales success of the Tucson until 2016 when the original nameplate returned. During the brief period of the reign of the ix35, the model was offered in three trim levels namely Premium, Executive and Elite. The ix35 also could be had with either a petrol engine or turbodiesel motor coupled to either a 6-speed manual or automatic transmission.

 

Related: Used cars - Top 3 things you need to know about the Hyundai ix35

 

With 33 692 units sold between 2010 and 2016, many Hyundai ix35 models can still be found on local roads and a considerable number are available as used models. Even though the model is dated, it comes packed with safety and comfort features depending on the trim level you chose but how well does each trim level retain its value best? Let us find out which used Hyundai ix35 trim depreciates the fastest.  

 

Trim differences

Diesel-powered variants were available in Executive and Elite trim levels while the petrol motivated offerings came in all three trims including Premium. While both Executive and Elite derivatives incorporated height-adjustable steering wheels and Vehicle Stability Management systems, Premium offerings omitted these features.

The Premium model offered airconditioning cloth seats unlike the automatic climate control system and leather interior customers can expect on Executive and Elite models. The latter two variants also incorporated cruise control and the Elite came fitted with a panoramic roof, items not featured on the Premium model. 

Elite and Executive derivatives also offer six airbags and automatic headlamps where the Premium comes fitted with two airbags. Folding mirrors and daytime running lights also set the Executive and Elite models apart from the Premium offering.

 

Depreciation

In 2014 a Hyundai ix35 2.0 Premium with an automatic transmission would set you back R349 900. We compiled a list of used Hyundai iX35 Premium models that is no older than a 2014 model year with the average mileage below 150 000km. The combined average retail price of such an example is R184 300 which means over a seven-year period the model experienced around 47.33% in depreciation.

A Hyundai ix35 2.0 in Executive guise would have cost you R359 900 in 2014. After finding models of the same trim level as well as drivetrain configuration, we selected models registered in 2014 with less than 150 000km on the odometer to find a combined average retail price. The result is R202 647 which means over a seven-year period the model experienced around 43.69% in depreciation.

The Hyundai ix35 2.0 in Elite trim was the most premium offering in the range and during 2014 would have set you back R385 400. If you are in the market for an example registered in 2014 with less than 150 000km on the odometer, you can expect to pay around R225 681. This means over the seven-year period the Elite trim experienced around 41.44% in depreciation.

 

Conclusion

The Elite trim level is not only the model with the most specification but in this instance is the trim with the slowest depreciation between all three. So if you are looking for a vehicle that will retain its value slightly longer, the Elite is the one to go for, however, the entry-level Premium derivatives are available for an average of just over R40 000 less than the average Elite. 

The Executive model which also feature a host of standard equipment and offering a median price and depreciation rate might just provide the total value you are looking for.

*All pricing and valuations in the article were correct at the time of writing. Market valuations can change at any moment without notice.

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