Negotiating leverage
42
moderate leverage / 100
~63 days of national supply — moderate negotiating leverage.
Ridekick price intelligence
2024 Hyundai Sonata Price: Fair Market Value & MSRP
A mileage-adjusted read of comparable active listings—not a quote for a specific VIN, trim, condition, or location.
Fair market price
$24,170
Inside the middle half of current listings.
Price intelligence
A map of today's market
Fair price is in the typical market range
$18,334$29,516
- Typical market range
- $21,490–$24,630
- Ridekick fair price
- $24,170
- Original MSRP range
- $27,500–$34,950
Middle 50% of active listings
Mileage-adjusted estimate
2 sourced trims when new
Buyer context
Market pulse
Signals to help you frame a conversation—not a promise about a particular vehicle or dealer.
National supply
63
days of supply
Buyer's market
Inventory is moving slowly, so buyers typically have more room to negotiate on a 2024 Hyundai Sonata.
Estimated dealer cost (invoice)
$25,300–$26,400
Estimated dealer invoice — about $27,500 MSRP minus a typical 4–8% manufacturer margin.
An estimate, not a sourced figure. Actual dealer invoice varies with manufacturer incentives, holdback, and regional pricing.
Fair price by trim
| Trim | Fair price | MSRP | Est. dealer cost |
|---|---|---|---|
| SEL | $23,529 | $27,500 | $25,300–$26,400 |
| N Line | $28,405 | $34,950 | $32,154–$33,552 |
Trim comparison
How each trim is priced
Estimated dealer cost Original MSRP Fair price
Trim
$22,615$29,240$35,864
Fair priceSEL
$23,529
SEL: fair price $23,529, original MSRP $27,500, estimated dealer cost $25,300 to $26,400.
N Line
$28,405
N Line: fair price $28,405, original MSRP $34,950, estimated dealer cost $32,154 to $33,552.
All marks use the same price scale. Dealer cost is an estimate; original MSRP and fair price are shown for context, not as a guarantee of a particular vehicle’s price.
Out-the-door price by state
Out-the-door for a 2024 Hyundai Sonata runs about $24,159 in MT to $26,455 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 | $1,729 | $110+ | $25,687 |
| TX | $1,491 | $332 | $25,671 |
| FL | $1,431 | $1,074+ | $26,353 |
| NY | $954 | $371 | $25,173 |
| PA | $1,431 | $587 | $25,866 |
| IL | $1,491 | $683 | $26,022 |
| OH | $1,371 | $444 | $25,663 |
| GA | $1,669 | $637 | $26,154 |
| NC | $715 | $793 | $25,356 |
| WA | $1,550 | $215+ | $25,613 |
| OR | $0 | $525 | $24,373 |
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
Safety & recalls
1 open NHTSA recall on record for the 2024 Hyundai Sonata.
EXTERIOR LIGHTING:BRAKE LIGHTS
Hyundai Motor America (Hyundai) is recalling certain 2024 Hyundai Sonata vehicles. The software for the brake lights may cause the brake lights to flash and not illuminate properly. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard (FMVSS) number 108, "Lamps, Reflective Devices, and Associated Equipment."
Remedy: Dealers will update the rear brake light software, free of charge. Additionally, Hyundai will release the software update over-the-air (OTA). Owner notification letters were mailed September 12, 2024. Owners may contact Hyundai customer service at 1-855-371-9460. Hyundai's number for this recall is 267.
Campaign 24V583000 · 07/08/2024
Source: NHTSA. Contact your dealer to schedule a free recall repair.
Questions buyers ask
What is a fair price for a 2024 Hyundai Sonata?
A fair, mileage-adjusted price is about $24,170, within a typical market range of $21,490 to $24,630.
Is the 2024 Hyundai Sonata cheaper than MSRP?
Yes — its original MSRP was about $27,500, so a fair used price is roughly $3,330 below MSRP.
What is the out-the-door price of a 2024 Hyundai Sonata?
Out-the-door (price plus state tax, title, registration, and a typical doc fee) runs about $24,159 in MT to $26,455 in NJ, depending on your state. Local taxes can add more.
Is now a good time to buy a 2024 Hyundai Sonata?
There are about 63 days of national market supply for the 2024 Hyundai Sonata — Inventory is moving slowly, so buyers typically have more room to negotiate on a 2024 Hyundai Sonata.
How much can you negotiate on a 2024 Hyundai Sonata?
Negotiating leverage rates 42/100 (moderate). ~63 days of national supply — moderate negotiating leverage.
What does the dealer pay for a 2024 Hyundai Sonata?
The estimated dealer cost (invoice) is roughly $25,300–$26,400 — its $27,500 MSRP minus a typical 4–8% margin. An estimate; actual invoice varies.
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Prices are computed from live market listings, adjusted for mileage, and aggregated by trim · updated 8/5/2026. Estimates only; your price depends on condition, options, and location.