To estimate the price of the 2023 Hyundai Elantra 1.6L SMART, I first considered the selling prices of similar cars. A 2023 Hyundai Elantra 1.6L SMART with 52802 km was sold for AED 57795.75 on 2024-06-05, and another with 37232 km was sold for AED 53545.75 on 2024-07-25. These are the most reliable data points. The car in question has a higher mileage of 63831 km, which suggests a slightly lower price due to higher wear and tear. I also considered an offer accepted for a 2023 Hyundai Elantra 1.6L GL (Base) at AED 58000, but this is a different variant. The new car price for the 2025 Hyundai Elantra 1.6L Smart is AED 76000. Applying depreciation for one year at 15% gives an approximate value of AED 64600, but actual selling prices are more indicative. Considering the higher mileage and the selling prices, I estimate the market price to be slightly lower than the lowest selling price.