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Should I keep my Hyundai Elantra?

Keeping an 8-year-old (2018) Hyundai Elantra at typical mileage costs about $4,670 a year: $690 in value it loses, $1,014 insurance, $1,389 fuel, $1,478 maintenance and repairs and $100 registration. A new one costs about $7,300 a year to own, mostly because new cars lose value faster.

By model year

What a Hyundai Elantra costs to keep, by year

Next 12 months for a paid-off car at 12,000 miles a year, average insurance costs, $3.30 gas. Click a year to run your own numbers in Keep or Switch.

YearValue todayCost to keep next yearValue lostMaintenance and repairsEfficiencyRepair complaints
2025$17,499$5,441$2,134$72031 MPGAbout average
2024$14,904$4,948$1,656$74431 MPGAbout average
2023$12,850$4,809$1,406$88931 MPGAbout average
2022$11,102$4,635$1,169$91730 MPGAbout average
2021$9,635$4,484$945$1,15933 MPGAbout average
2020$8,430$4,711$916$1,29730 MPGMore than average
2019$7,288$4,590$711$1,38029 MPGMore than average
2018$6,380$4,670$690$1,47829 MPGMore than average
2017$5,519$4,497$502$1,53429 MPGAbout average
2016$4,867$4,603$487$1,62328 MPGAbout average
2015$4,249$4,601$425$1,69928 MPGAbout average
2014$3,709$4,723$371$1,86328 MPGMore than average
2013$3,238$4,453$324$1,85632 MPGAbout average
2012$2,827$4,685$283$2,01429 MPGAbout average
2011$2,468$4,727$247$2,10329 MPGAbout average

Should you keep it?

Keeping vs replacing your Hyundai Elantra

A paid-off car is usually the cheapest car you can drive, even with repairs: a replacement starts losing value the day you buy it and comes with tax, fees and often a loan. Switching tends to pay only when repairs get large and frequent, or a much more efficient car cuts fuel costs enough. Keep or Switch compares your Hyundai Elantra against any replacement, including the costs of switching.

Questions

Common questions

How much does it cost to own a Hyundai Elantra per year?

For a 2018 model at typical mileage, about $4,670 a year in value lost, insurance, fuel, maintenance, repairs and registration, not counting any loan. Years in the table range from $4,453 to $5,441.

Which Hyundai Elantra years have the most problems?

In NHTSA owner complaint data, 2020 drew the most repair-heavy complaints relative to similar cars. Complaints are voluntary and busier models draw more of them, so treat this as a weak signal.

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