Inflation calculation based on the IPCA shows that the cheapest model could cost more than R$82 thousand currently!
When the Hyundai HB20 was released in 2012, it quickly became one of the most coveted cars from Brazil, delighting drivers with its modern design, good performance and excellent value for money. Since then, the model has consolidated itself as one of the best-selling cars in the country, remaining relevant to this day.
But, with the impacts of inflation and changes in the vehicle market, what would be the updated price of the entry-level model? Let's understand the impact of years of inflation and how this reflects on value of HB20 today!
The Price of the HB20 in 2012: The Beginning of a Success Story
When the HB20 was launched in 2012, the entry-level model, the version HB20 Comfort 1.0, arrived with a very attractive price. This version was designed for the Brazilian public, who was looking for a compact car, but with the quality and performance of a more expensive vehicle. Check out the price at the time:
✔ Cheaper version: HB20 Comfort 1.0
✔ launch price: R$31.900
This price, at the time, represented a excellent value for money for those who wanted a modern and economical car, with a 1.0 flex engine and the reliability of Hyundai.
Adjustment for Inflation: The Updated Price of the HB20
To understand the impact of inflation in the price of HB20, we will use the IPCA (Broad Consumer Price Index), which measures the Brazil's official inflation, from 2012 to the present. Applying the accumulated IPCA, which exceeds 150% since the model's launch, we arrived at an estimated value for the entry-level version Comfort 1.0 nowadays:
🔹 Value adjusted for inflation: R$ 82.000 (approximately)
This means that, if we only consider inflation, the HB20 would have almost doubled in price since its launch, rising more than 2,5 times the initial value. However, it is important to remember that this value is an estimate based only on official inflation and does not consider other factors in the automotive market.