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Hyundai

Hyundai - Venue (2023)

Discover the full picture of the Hyundai Venue: its 2023 model, staying competitive in the compact SUV market, and how price fluctuations impact its value across different buying scenarios.

When you’re exploring what makes a Hyundai Venue price attractive, the 2023 edition offers fresh styling, updated features, and a modern drivetrain. Potential buyers—whether they’re looking at the newest walk‑in or negotiating a used Hyundai Venue price—will appreciate a clear breakdown of the car’s core specs, depreciation expectations, and how it stacks up against its rivals.

  • Engine: 1.6‑liter inline‑four (2.0‑liter optional for certain markets)
  • Transmission: 5‑speed manual or 7‑speed dual‑clutch automatic (DCT)
  • Fuel type: Gasoline (petrol) with fuel economy around 16–18 km/l on the highway
  • Dimensions: Length 4,020 mm; Width 1,715 mm; Height 1,615 mm; Wheelbase 2,612 mm
  • Weight: Beginning at 1,080 kg (depending on options)
  • Drive options: Front‑wheel drive; all‑wheel drive available in select markets
  • Interior: 5 seats, seats made of premium cloth or optional fabric/cloth blend, 7‑inch touchscreen with Apple CarPlay/Android Auto
  • Safety: 8 airbags, electronic brake‑force distribution, hill‑start assist, and optional lane‑keep assist
  • Payload: Up to 200 kg in the boot, plus a 1,500‑kg towing capacity with the 2.0‑liter engine (where allowed)

Now that you know the specifications, let’s break down how the Hyundai Venue depreciation rate is calculated and what that means for the overall ownership cost.

Depreciation Insight

Vehicle depreciation varies with market demand, mileage, condition, and the region where the car is sold. For the 2023 Hyundai Venue, typical depreciation patterns are: first year 15‑20% loss of original value; subsequent years around 10‑12% per year for the next 3–5 years. A used Hyundai Venue price is therefore often between 70‑80% of the original price after the first 24 months, depending on condition and mileage.

📈 For instance:

  • Year 1: 15‑20% drop, meaning a game‑value of roughly 80‑85%
  • Year 2: Nearly 10% more depreciation, bringing the value to about 70‑75%
  • Year 3–5: Stable 8‑10% yearly drop if well maintained

These figures are almost identical to other subcompact SUVs in the segment, like the Kia Soul or Honda HR‑V, whose depreciation curves follow similar patterns.

Comparative Context

When you’re comparing the Hyundai Venue price to a list of rivals, you see the following trend: the Venue is often one of the more economical choices in a crowded segment.