Is the $15,702 price on this 2020 Hyundai Santa Fe a good deal?

OAV rates this as a Great Deal because the asking price of $15,702 is below the typical market range for this vehicle.

What is the average price for a 2020 Hyundai Santa Fe in MI?

Based on 88 comparable listings in MI, the average asking price for a 2018-2022 Hyundai Santa Fe is $16,646, with prices ranging from $7,799 to $26,900.

How long does a 2020 Hyundai Santa Fe typically stay on dealer lots?

Comparable Hyundai Santa Fe listings in MI spend an average of 61 days on dealer lots.

Where is this 2020 Hyundai Santa Fe located?

This vehicle is listed in Traverse City, MI 49686. VIN: 5NMS3CAD9LH160384. Mileage: 104,560 miles.

What is the fair market price range for this 2020 Hyundai Santa Fe?

OAV's Price-to-Market analysis estimates the fair market range is $17,911 to $18,191, based on 12 comparable vehicles.

2020 Hyundai Santa Fe SEL for Sale in Traverse City, MI

No Photo Available

Vehicle Details

VIN5NMS3CAD9LH160384

TrimSEL

Exterior ColorOrange

Drivetrain4WD

Engine2.4L I4

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot52

SEL

Great Deal

$15,702104,560 mi

Traverse City, MI 49686

Is this 2020 Hyundai Santa Fe SEL a good deal?

OAV verdict: Great Deal

Why: Listed at $15,702, comparable market range $17,911–$18,191, based on 12 comparable listings. Days on lot: 52 days (market average 61 days).

Market price position

$15,702 · $2,209 below market low

Regional range: $17,911 – $18,191
vs. market low: — $2,209 (12% below)
Comparable vehicles: 12

Market Retail Price (MRP™)

$18,051

This vehicle $15,702 · $2,349 (13%) below MRP

MRP™ is the midpoint of the comparable market range — the representative price the market is asking for similar vehicles. How MRP works.

True Retail Value (TRV™)

$16,034

This vehicle $15,702 · $332 (2%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-29) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

Faster-than-average sell-through

Similar vehicles recently sold in an estimated 12–42 days.

What does Demand-Verified mean?

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges are rebuilt from the market snapshot shown above.

Local Range$17,911 – $18,191

Regional Range$17,911 – $18,802

Serra Chrysler Dodge Jeep Ram Traverse City

Traverse City, MI

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

View all vehicles from serra chrysler dodge jeep ram traverse city →

Request availability and out-the-door price

OAV will route your inquiry to Serra Chrysler Dodge Jeep Ram Traverse City for current availability of this 2020 Hyundai Santa Fe SEL and an out-the-door price quote (taxes, fees, addons included).

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

About This 2020 Hyundai Santa Fe

Listing updated: Jul 28, 2026

Listed by a franchise dealer in Traverse City, MI · On lot for 52 days · VIN verifiable at NHTSA

This used 2020 Hyundai Santa Fe SEL is listed at $15,702 by serra chrysler dodge jeep ram traverse city in Traverse City, MI 49686. It has 104,560 miles on the odometer. The exterior color is Orange. It features a 4WD drivetrain with a 2.4L I4 engine and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as a Great Deal — priced below market value. Based on 12 similar vehicles in the Traverse City market, the estimated market range is $17,911 to $18,191. The local market range in MI is $17,911 to $18,191.

This vehicle has been on the lot for 52 days.

Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).

Market context

This listing is part of OAV's broader Traverse City, MI suvs market analysis. OAV compares vehicles using local and regional price-to-market ranges, days-on-lot, comparable count, and demand signals where available.

How this deal is rated

OAV compares this 2020 Hyundai Santa Fe against similar vehicles currently available in the local and regional market — same make, model, and year range, filtered for comparable mileage. Based on where this listing falls in that comparable set, it is rated:

Great Deal — priced below the typical range for comparable vehicles.
Fair Price — priced within the expected range for comparable vehicles.
Overpriced — priced above the typical range for comparable vehicles.

Listings show OAV's PTM-derived deal quality and live market context. OAV-claimed dealers manage their listing profile and route buyer inquiries directly. Paid OAV partners surface additional verification signals.

How this listing is verified

This vehicle listing was aggregated from a franchise dealer in Traverse City, MI, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 5NMS3CAD9LH160384 can be independently verified via the U.S. Department of Transportation's NHTSA VIN decoder, and safety recalls at NHTSA's recall database.

Vehicle attributes (year, make, model, trim, mileage, location) are standardized using OAV's patented methodology (U.S. Patent No. 12,236,477), which normalizes naming conventions and deduplicates cross-listed inventory across the dealership network. Listing data is processed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2020 Hyundai Santa Fe Market in MI

Comparable Vehicles

Average Price

$16,646

Price Range

$7,799–$26,900

Avg Days on Lot

Based on 88 comparable 2018-2022 Hyundai Santa Fe listings in MI, the average asking price is $16,646. This listing at $15,702 is $944 below average (6% below market). Comparable prices in MI range from $7,799 to $26,900. Similar vehicles spend an average of 61 days on dealer lots in this market.