Real price data
What should you pay for a 2016 Hyundai Veloster?
Original MSRP
$19,100
When new
Fair market price
$7,593
Mileage-adjusted
Below MSRP
$11,507
A fair used price
Where prices land
25th $6,899 · 75th $9,840 · MSRP $19,100
Spread of current 2016 Hyundai Veloster listings · 25th–75th percentile marked.
Negotiating leverage
80
out of 100
strong leverage
~72 days of national supply — strong leverage to negotiate.
Ridekick's negotiating-leverage score blends national Market Day Supply with how far listings sit above the mileage-adjusted fair price. Higher means more room to negotiate.
Market demand & negotiating leverage
72days of supply
Buyer's marketInventory is moving slowly, so buyers typically have more room to negotiate on a 2016 Hyundai Veloster.
National Market Day Supply — how long it would take to sell the current used 2016 Hyundai Veloster inventory at the recent sales rate (lower means it sells faster). Source: MarketCheck.
Estimated dealer cost (invoice)
$17,572–$18,336
Estimated dealer invoice — about $19,100 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 |
|---|---|---|---|
| Rally Edition | $7,000 | $23,950 | $22,034–$22,992 |
| R-Spec | $7,416 | $21,600 | $19,872–$20,736 |
| Base | $7,509 | $19,100 | $17,572–$18,336 |
- Rally Edition
- $7,000
- R-Spec
- $7,416
- Base
- $7,509
Fuel economy
28
MPG city
35
MPG highway
31
MPG combined
EPA-estimated fuel economy for a representative 2016 Hyundai Veloster configuration (Regular).
Safety & recalls
1 open NHTSA recall on record for the 2016 Hyundai Veloster.
ENGINE
Hyundai Motor America (Hyundai) is recalling certain 2015-2016 Veloster, 2012 Santa Fe, 2011-2013 Sonata Hybrid, and 2016 Sonata Hybrid vehicles. The connecting rod bearings inside the engine may wear prematurely, which over time can result in engine damage.
Remedy: Hyundai will notify owners, and dealers will inspect the engine. If bearing damage is found, the engine will be replaced. Dealers will also install a software update containing a new Knock Sensor Detection System (KSDS). Repairs will be performed free of charge. The recall began March 31, 2021. Owners may contact Hyundai customer service at 1-855-371-9460. Hyundai's number for this recall is 198.
Campaign 20V746000 · 01/12/2020
Source: NHTSA. Contact your dealer to schedule a free recall repair.
Frequently asked questions
What is a fair price for a 2016 Hyundai Veloster?
A fair, mileage-adjusted price is about $7,593, within a typical market range of $6,899 to $9,840.
Is the 2016 Hyundai Veloster cheaper than MSRP?
Yes — its original MSRP was about $19,100, so a fair used price is roughly $11,507 below MSRP.
Is now a good time to buy a 2016 Hyundai Veloster?
There are about 72 days of national market supply for the 2016 Hyundai Veloster — Inventory is moving slowly, so buyers typically have more room to negotiate on a 2016 Hyundai Veloster.
How much can you negotiate on a 2016 Hyundai Veloster?
Negotiating leverage rates 80/100 (strong). ~72 days of national supply — strong leverage to negotiate.
What does the dealer pay for a 2016 Hyundai Veloster?
The estimated dealer cost (invoice) is roughly $17,572–$18,336 — its $19,100 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 6/24/2026. Estimates only; your price depends on condition, options, and location.