2024 Hyundai Sonata SEL
View this vehicle at carmax germantown →Vehicle Details
SEL
Memphis, TN 38119
Is this 2024 Hyundai Sonata SEL a good deal?
OAV verdict: Fair Price
Why: Listed at $20,998, comparable market range $21,298–$26,683, based on 45 comparable listings. Listed 17 days.
Market price position
$20,998 · near the low end of the range
- Comparable range
- $21,298 – $26,683
- vs. market low
- near the low end of the range
- Comparable vehicles
- 45
Market Retail Price (MRP™)
$23,991This vehicle $20,998 · $2,993 (12%) 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™)
$21,973This vehicle $20,998 · $975 (4%) below TRV
TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-08-30) — an estimate, not an appraisal. How TRV works.
Comparable vehicles nationally recently sold in an estimated 16–56 days.
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.
Carmax Germantown
Memphis, TN
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OAV will route your inquiry to Carmax Germantown for current availability of this 2024 Hyundai Sonata 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 2024 Hyundai Sonata
Listing updated: Aug 30, 2026Listed by an independent dealer in Memphis, TN · On lot for 17 days · VIN verifiable at NHTSA
This used 2024 Hyundai Sonata SEL is listed at $20,998 by carmax germantown in Memphis, TN 38119. It has 52,250 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is Silver. It features a FWD drivetrain with a 2.5L I4 engine and Automatic transmission.
OAV's independent, evidence-backed Price-to-Market analysis rates this vehicle as Fair Price — priced in line with the local market for comparable vehicles. Based on 45 comparable listings matched to this vehicle, the estimated market range is $21,298 to $26,683. These comparisons match year, make, model, and market, using trim where trim data supports it. OAV does not adjust comparables for odometer — where mileage would distort a verdict, it withholds one instead.
This vehicle has been on the lot for 17 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 Memphis, TN sedans market analysis. OAV compares vehicles by local and regional price-to-market ranges and comparable count; days-on-lot and demand signals are shown separately, not as verdict inputs.
How this deal is rated
OAV compares this 2024 Hyundai Sonata against similar vehicles currently available in the local and regional market — same make, model, and year range, using trim where trim data supports it. OAV does not adjust comparables for odometer; on very high-mileage vehicles it withholds a verdict rather than overstate a discount the odometer explains. Based on where this listing falls in that comparable set, it is rated:
- Great Deal — priced below the comparable-range floor by a meaningful margin (OAV's minimum-gap rule); a listing below the floor by less than that margin is Fair Price.
- 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 can surface additional verification signals, but commercial participation never changes a listing's Price-to-Market verdict, eligibility, ranking, or confidence.
How this listing is verified
This vehicle listing was aggregated from an independent dealer in Memphis, TN, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN KMHL64JA0RA412450 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.
2024 Hyundai Sonata Market in TN
TN Market Listings
248
Average Price
$26,412
Price Range
$21,158–$30,633
Avg Days on Lot
95
Based on all 248 2022-2026 Hyundai Sonata listings in the TN market, the average asking price is $26,412. This listing at $20,998 is $5,414 below the broader TN average (20% below the TN average). This is a wider, all-trim comparison across TN; OAV's price verdict above uses the closer comparable set. Comparable prices in TN range from $21,158 to $30,633. Similar vehicles spend an average of 95 days on dealer lots in this market.
Similar Hyundai Sonata Listings in TN
8 similar listings shown (closest matches within ±2 model years) and ±30,000 miles (subject trim: SEL — compare trims below)
2022 Hyundai Sonata
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2023 Hyundai Sonata
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Hendersonville, TN
2024 Hyundai Sonata
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Bristol, TN
2024 Hyundai Sonata
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Clarksville, TN
2025 Hyundai Sonata
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2024 Hyundai Sonata
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Smyrna, TN