Real price data
What should you pay for a 2016 Hyundai Elantra?
Original MSRP
$17,250
When new
Fair market price
$7,797
Mileage-adjusted
Below MSRP
$9,453
A fair used price
Where prices land
25th $6,995 · 75th $9,995 · MSRP $17,250
Spread of current 2016 Hyundai Elantra listings · 25th–75th percentile marked.
Fair price by trim
| Trim | Fair price | MSRP | Est. dealer cost |
|---|---|---|---|
| SE | $7,700 | $17,250 | — |
| Limited | $8,031 | $21,700 | — |
| Value Edition | $8,252 | $19,700 | — |
| sport | — | $20,250 | — |
- SE
- $7,700
- Limited
- $8,031
- Value Edition
- $8,252
Out-the-door price by state
Out-the-door for a 2016 Hyundai Elantra runs about $8,108 in MT to $9,340 in NJ — fair price plus state tax, title, registration, and a typical dealer doc fee.
| State | Sales/use tax | Doc + title + reg | Out-the-door |
|---|---|---|---|
| CA | $565 | $110+ | $8,472 |
| TX | $487 | $332 | $8,616 |
| FL | $468 | $1,074+ | $9,339 |
| NY | $312 | $371 | $8,480 |
| PA | $468 | $587 | $8,852 |
| IL | $487 | $683 | $8,967 |
| OH | $448 | $444 | $8,689 |
| GA | $546 | $637 | $8,980 |
| NC | $234 | $793 | $8,824 |
| WA | $507 | $215+ | $8,519 |
| OR | $0 | $525 | $8,322 |
Estimates using each state's base tax rate. Local (city/county) taxes can add 1–3% in many areas, dealer doc fees vary, and some states base registration on vehicle value or weight (shown with a "+"). Trade-in tax credits are not included.
Out-the-door price by state: California, Texas, Florida, New York, Pennsylvania, Illinois, Ohio, Georgia, North Carolina, Washington, Oregon
Fuel economy
28
MPG city
37
MPG highway
31
MPG combined
EPA-estimated fuel economy for a representative 2016 Hyundai Elantra configuration (Regular).
Safety & recalls
2 open NHTSA recalls on record for the 2016 Hyundai Elantra.
LATCHES/LOCKS/LINKAGES:TRUNK LID:LATCH
Hyundai Motor America (Hyundai) is recalling certain 2015-2016 Elantra vehicles. The trunk latch may become damaged, preventing the opening of the trunk from the inside. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 401, "Internal Trunk Release."
Remedy: Dealers will replace the trunk latch base sub-assembly, free of charge. Owner notification letters were mailed April 5, 2024. Owners may contact Hyundai customer service at 1-855-371-9460. Hyundai's number for this recall is 256.
Campaign 24V146000 · 23/02/2024
AIR BAGS:FRONTAL:DRIVER SIDE:INFLATOR MODULE
Hyundai Motor America (Hyundai) is recalling certain 2015-2016 Elantra and 2016 Elantra GT vehicles. The driver's air bag inflator may rupture during deployment.
Remedy: Dealers will inspect and replace the air bag inflator, as necessary, free of charge. Owner notification letters are expected to be mailed July 13, 2026. Owners may contact Hyundai customer service at 1-855-371-9460. Hyundai's number for this recall is 300. Vehicle Identification Numbers (VINs) involved in this recall became searchable on NHTSA.gov on May 16, 2026.
Campaign 26V307000 · 15/05/2026
Source: NHTSA. Contact your dealer to schedule a free recall repair.
Frequently asked questions
What is a fair price for a 2016 Hyundai Elantra?
A fair, mileage-adjusted price is about $7,797, within a typical market range of $6,995 to $9,995.
Is the 2016 Hyundai Elantra cheaper than MSRP?
Yes — its original MSRP was about $17,250, so a fair used price is roughly $9,453 below MSRP.
What is the out-the-door price of a 2016 Hyundai Elantra?
Out-the-door (price plus state tax, title, registration, and a typical doc fee) runs about $8,108 in MT to $9,340 in NJ, depending on your state. Local taxes can add more.
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Prices are computed from live market listings, adjusted for mileage, and aggregated by trim · updated 6/21/2026. Estimates only; your price depends on condition, options, and location.