Is the $16,993 price on this 2020 Hyundai Elantra a good deal?

OAV rates this as Fair Price because the asking price of $16,993 is within the typical market range for this vehicle.

What is the average price for a 2020 Hyundai Elantra in NJ?

Based on 362 comparable listings in NJ, the average asking price for a 2018-2022 Hyundai Elantra is $14,511, with prices ranging from $3,950 to $26,998.

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

Comparable Hyundai Elantra listings in NJ spend an average of 83 days on dealer lots.

Where is this 2020 Hyundai Elantra located?

This vehicle is listed in Morristown, NJ 07960. VIN: KMHD84LF4LU996929. Mileage: 43,067 miles.

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

OAV's Price-to-Market analysis estimates the fair market range is $6,995 to $17,998, based on 38 comparable vehicles.

Vehicle Details

VINKMHD84LF4LU996929

TrimValue Edition

Exterior ColorBlack

DrivetrainFWD

Engine2.0L I4

TransmissionCVT

Fuel TypeUnleaded

Inventory Typeused

Days on Lot30

2020 Hyundai Elantra

Value Edition

Fair Price

$16,99343,067 mi

Morristown, NJ 07960

Is this 2020 Hyundai Elantra Value Edition a good deal?

OAV verdict: Fair Price

Why: Listed at $16,993, comparable market range $6,995–$17,998, based on 38 comparable listings. Days on lot: 30 days (market average 83 days).

Market price position

Lowest comparable ($)

6,995

Highest comparable ($)

17,998

This vehicle's price ($)

16,993

$16,993 · within market range

$6,995comparable$17,998

Regional range: $6,995 – $17,998
vs. market: $9,998 above low · $1,005 below high
Comparable vehicles: 38

Demand-Verified· Backed by recent sales data

Similar vehicles recently sold in an estimated 12–52 days.

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges refresh daily.

Regional Range$6,995 – $17,998

Dealer Info

Hidden

Morristown, NJ

This dealer is not yet on OAV

Request a connection and we'll notify the dealer you're interested

View all vehicles from this franchise dealer in Morristown, NJ →

About This 2020 Hyundai Elantra

Listing updated: May 17, 2026

Listed by a franchise dealer in Morristown, NJ · On lot for 30 days · VIN verifiable at NHTSA

This used 2020 Hyundai Elantra Value Edition is listed at $16,993 by a franchise dealer in Morristown, NJ 07960. It has 43,067 miles on the odometer. The exterior color is Black. It features a FWD drivetrain with a 2.0L I4 engine and CVT transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as Fair Price — priced at market value. Based on 38 similar vehicles in the Morristown market, the estimated market range is $6,995 to $17,998.

This vehicle has been on the lot for 30 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 Morristown, NJ sedans 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 Elantra 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.

This rating refreshes daily as inventory enters and leaves the market. The dealer on this listing has not yet activated on OAV, so the business name and contact details are anonymized here. Activated (paying) dealers appear with their verified business name and a Verified badge.

How this listing is verified

This vehicle listing was aggregated from a franchise dealer in Morristown, NJ, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN KMHD84LF4LU996929 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.

2020 Hyundai Elantra Market in NJ

Comparable Vehicles

362

Average Price

$14,511

Price Range

$3,950–$26,998

Avg Days on Lot

Based on 362 comparable 2018-2022 Hyundai Elantra listings in NJ, the average asking price is $14,511. This listing at $16,993 is $2,482 above average (17% above market). Comparable prices in NJ range from $3,950 to $26,998. Similar vehicles spend an average of 83 days on dealer lots in this market.