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How Much Should I Pay: 2007 Hyundai Elantra

Question From Justine: I have found this 2007 Hyundai Elantra GLS manual with 17,150 miles on it. It is being advertised as 14,495. I think I should not pay more than 12,500-13,000 for it. What are your thoughts? What should I pay for this car if I am buying it from a dealer?

MuscleCarGuy: Hi Justine. Welcome to AutoBragBlog, where we do all the car price researching for you.

For a 2007 Hyundai Elantra GLS with 17,150 miles, prices range from $12,600 (being in above average condition) to $12,100 (being in average condition) and $11,600 (being in below average condition). Keep in mind that the numbers above are the wholesale prices. A dealership will usually aim to sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $12,900 to $14,300.

The asking price for this 2007 Hyundai Elantra GLS is a litle to high if the car is in great condition. You should be able to get it for $13,000 - $13,500. Make sure to check the histoy of the car and have a mechanic check it before you buy to make sure that everything is fine with the car. Good luck and keep us posted on how everything goes!



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