Is the $4,999 price on this 2016 Hyundai Sonata a good deal?

OAV rates this as a Great Deal because the asking price of $4,999 is below the typical market range for this vehicle.

What is the average price for a 2016 Hyundai Sonata in MI?

Based on 149 comparable listings in MI, the average asking price for a 2014-2018 Hyundai Sonata is $11,468, with prices ranging from $3,995 to $19,999.

How long does a 2016 Hyundai Sonata typically stay on dealer lots?

Comparable Hyundai Sonata listings in MI spend an average of 125 days on dealer lots.

Where is this 2016 Hyundai Sonata located?

This vehicle is listed in Madison Heights, MI 48071. VIN: 5NPE24AF7GH321587. Mileage: 134,404 miles.

What is the fair market price range for this 2016 Hyundai Sonata?

OAV's Price-to-Market analysis estimates the fair market range is $5,999 to $6,995, based on 3 comparable vehicles.

Vehicle Details

VIN5NPE24AF7GH321587

TrimSE

Exterior ColorBlack

DrivetrainFWD

Engine2.4L I4

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

MSRP$4,999

Days on Lot67

Days on Market128

2016 Hyundai Sonata

Great Deal

$4,999134,404 miles

Madison Heights, MI 48071

Market price position

Lowest comparable ($)

5,999

Highest comparable ($)

6,995

This vehicle's price ($)

4,999

$4,999 · $1,000 below market low

$5,999comparable$6,995

Regional range: $5,999 – $6,995
vs. market low: — $1,000 (17% below)
Comparable vehicles: 3

Market Breakdown

Local Range$5,999 – $6,995

Regional Range$5,999 – $9,693

Dealer Info

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Madison Heights, MI

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About This 2016 Hyundai Sonata

Listing updated: Apr 22, 2026

Listed by a independent dealer in Madison Heights, MI · On lot for 67 days · VIN verifiable at NHTSA

This used 2016 Hyundai Sonata SE is listed at $4,999 by a independent dealer in Madison Heights, MI 48071. It has 134,404 miles on the odometer. The exterior color is Black. It features a FWD 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 3 similar vehicles in the Madison Heights market, the estimated market range is $5,999 to $6,995. The local market range in MI is $5,999 to $6,995.

This vehicle has been on the lot for 67 days.

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

How this listing is verified

This vehicle listing was aggregated from a independent dealer in Madison Heights, MI, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network. The VIN 5NPE24AF7GH321587 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 refreshed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2016 Hyundai Sonata Market in MI

Comparable Vehicles

149

Average Price

$11,468

Price Range

$3,995–$19,999

Avg Days on Lot

125

Based on 149 comparable 2014-2018 Hyundai Sonata listings in MI, the average asking price is $11,468. This listing at $4,999 is $6,469 below average (56% below market). Comparable prices in MI range from $3,995 to $19,999. Similar vehicles spend an average of 125 days on dealer lots in this market.