Vehicle report

2008 Hyundai Elantra

Fair price, market signal, reviews, and common issues — all in one place. Tuned to ZIP 43215 (from your location).

Fair price range

$2,500

$2,200 — $2,850

low confidence

Est. out-the-door

$3,331

$3,010 — $3,707

in Ohio (7.25% tax + fees)

What's shaping this price

  • Age (18 yrs)−$19,797

    12%/yr for compact

  • Mileage (40,000)+$310

    176,000 under expected

Local market signal · 432xx

Avg days on market

57

from 52 comparable listings

30-day price trend

↓ 2.3%

cooling

Prices for this trim in 432xx are trending down — a buyer's edge right now.

Price over its life

2008 → 2026
$7.4k$12.3k$17.1k$22k$2.5k2008200920102011201220132014201520162017201820192020202120222023202420252026

Anchored on the original manufacturer MSRP for this trim, curved to today's typical price via segment depreciation.

Next 5 years (forecast)

2026 → 2031
$1.5k$1.8k$2.2k$2.5k$1.1k202620272028202920302031

Projected from today's typical price using the segment's annual depreciation rate, with a small penalty for accumulated mileage. Rough forecast — actual resale value swings with the used-car market.

Get your ZIP-tuned estimate

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Affordability72-month loan · Ohio · 1,000 mi/mo

Potential monthly cost of ownership

Loan + insurance + gas — the three big monthly line items.

Estimated monthly total

Loan + insurance + gas

$274/mo

  • Auto loan

    72 months · 10% down · 7.5% APR (national avg)

    $39/mo

  • Insurance

    Full coverage · Ohio average for compact cars

    $82/mo

  • Gas

    28 mpg combined · $4.29/gal · 1,000 mi/mo

    $153/mo

Estimated payments — actual rates depend on credit, coverage, and driving.

Long-term ownership costsDepreciation + maintenance over 5 years, assuming 12,000 mi/yr

$5,181over 5 yrs

~$1,036/yr

  • Depreciation

    $1,181

    Segment: compact

  • Maintenance

    $4,000

    segment ballpark

Depreciation projected from segment averages against today’s typical price; maintenance is an AAA-derived segment ballpark. Loan, insurance, and gas are covered in the Affordability section above.

Safety ratingsOfficial NHTSA crash-test scores + owner complaint volume20 NHTSA complaints

No NHTSA crash-test ratings on record for this year / model.

Safety recallsOfficial NHTSA campaigns for this year / make / model7 total
  • SERVICE BRAKES, HYDRAULIC:ANTILOCK/TRACTION CONTROL/ELECTRONIC LIMITED SLIP:CONTROL UNIT/MODULE

    Hyundai Motor America (Hyundai) is recalling certain 2007-2010 Elantra and 2009-2011 Elantra Touring vehicles. On February 21, 2020 Hyundai expanded the recall to include 46,425 model year 2007-2008 Entourage and 2007 Santa Fe vehicles. Moisture may enter the Anti-lock Brake (ABS) Module and result in an electrical short.

    20V061000 · May 2, 2020

  • STEERING:ELECTRIC POWER ASSIST SYSTEM

    Hyundai Motor America (Hyundai) is recalling certain model year 2008-2010 Elantra vehicles manufactured June 1, 2008, to April 30, 2010, and 2009-2010 Elantra Touring vehicles manufactured November 1, 2008, to April 30, 2010. The electronic power steering (EPS) electronic control unit (ECU) may sense a discrepancy in the steering input signals and, as a result, disable the steering power assist.

    15V100000 ·

  • FUEL SYSTEM, GASOLINE:DELIVERY:FUEL PUMP

    HYUNDAI IS RECALLING 65,000 MY 2008 ELANTRA VEHICLES WITH 2.0 LITER BETA ENGINES. THE FUEL PUMP MOTOR MAY NOT HAVE THE PROPER UNIFORM INTERNAL ELECTRICAL SURFACE CONTACT. THIS MAY CAUSE THE FUEL PUMP TO PRODUCE LESS PUMPING PRESSURE THAN REQUIRED TO SUPPLY THE FUEL INJECTION SYSTEM.

    08V429000 ·

  • AIR BAGS:FRONTAL:SENSOR/CONTROL MODULE-INACTIVE

    HYUNDAI IS RECALLING CERTAIN MODEL YEAR 2007-2008 ELANTRA VEHICLES MANUFACTURED FROM JULY 14, 2006, THROUGH AUGUST 29, 2007. THE DRIVER'S SEAT TRACK POSITION SENSOR DETERMINES THE SEAT'S FORE AND AFT POSITION AND ALLOWS THE DRIVER'S FRONTAL AIR BAG TO DEPLOY AT THE PRESSURE APPROPRIATE FOR THAT SEATING POSITION, WITH A LOWER PRESSURE DEPLOYMENT IN THE MOST FORWARD SEATING POSITIONS. THE AIR BAG CONTROL MODULE MAY RECEIVE AN UNSTABLE ELECTRICAL SIGNAL FROM THE SEAT TRACK POSITION SENSOR SUCH THAT, IN A CRASH THAT REQUIRES DRIVER FRONTAL AIRBAG DEPLOYMENT, THE DRIVER'S AIRBAG MAY DEPLOY AT THE HIGHER PRESSURE THAN INTENDED IF THE SEAT WAS POSITION IN ONE OF THE FORWARD POSITIONS IN WHICH A LOWER PRESSURE DEPLOYMENT IS INTENDED.

    11V179000 ·

  • EXTERIOR LIGHTING:BRAKE LIGHTS:SWITCH

    Hyundai Motor Company (Hyundai) is recalling certain model year 2006-2009 Accent, model year 2007-2011 Azera, Sonata and Sante Fe,2006-2011 Tucson, 2009-2011 Elantra Touring, 2007-2010 Elantra, 2008-2011 Veracruz, 2009-2011 Genesis, 2010-2011 Genesis Coupe, 2007-2008 Entourage, and 2006-2008 Tiburon vehicles. Originally, in April 2013, Hyundai recalled 1,059,824 model year 2007-2009 Accent and Tucson, model year 2007-2010 Elantra, model year 2007-2011 Santa Fe, model year 2008-2009 Veracruz, model year 2010-2011 Genesis Coupe, and model year 2011 Sonata vehicles. In September 2013, Hyundai informed the agency that it was adding more vehicles to this campaign, representing an additional 652,512 units. The total number of vehicles being recalled is now 1,712,336. In the affected vehicles, the stop lamp switch may malfunction. A malfunctioning stop lamp switch may cause the brake lights to not illuminate when the brake pedal is depressed or may cause an inability to deactivate the cruise control by depressing the brake pedal. Additionally, a malfunctioning stop lamp switch may also result in intermittent operation of the push-button start feature, affect the operation of the brake transmission shift interlock feature, preventing the shifter from being moved out of the PARK position and cause the Electronic Stability Control (ESC) malfunction light to illuminate.

    13V113000 · Jan 4, 2013

  • AIR BAGS:FRONTAL:SENSOR/CONTROL MODULE-INACTIVE

    HYUNDAI IS RECALLING CERTAIN MODEL YEAR 2007-2009 ELANTRA VEHICLES MANUFACTURED FROM JULY 14, 2006, THROUGH NOVEMBER 1, 2008. THE FRONT PASSENGER SEATS IN THE VEHICLES CONTAIN A WEIGHT SENSOR DESIGNED TO DEACTIVATE THE RIGHT FRONTAL AIRBAG WHEN OCCUPANTS OF CERTAIN WEIGHTS OCCUPY THE SEAT. THE ELECTRICAL CONNECTOR FOR THE WEIGHT SENSOR IS LOCATED UNDER THE CENTER CONSOLE, BETWEEN THE FRONT SEATS. UNDER CERTAIN CIRCUMSTANCES THE CONNECTOR COULD BECOME CONTAMINATED AND MALFUNCTION SUCH THAT THE FRONT PASSENGER AIRBAG WILL DEPLOY REGARDLESS OF THE WEIGHT OF THE OCCUPANT.

    11V143000 ·

  • FUEL SYSTEM, GASOLINE:DELIVERY:FUEL PUMP

    HYUNDAI DE PUERTO RICO (HPR) IS RECALLING 347 MY 2008 ELANTRA VEHICLES. THE FUEL PUMP MOTOR MAY NOT HAVE THE PROPER, UNIFORM INTERNAL ELECTRICAL SURFACE CONTACT. THIS MAY CAUSE THE FUEL PUMP TO PRODUCE LESS PUMPING PRESSURE THAN REQUIRED TO SUPPLY THE FUEL INJECTION SYSTEM.

    08V694000 ·

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Ownership economics

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  • EPA fuel economy — real MPG + annual fuel cost for this trim
  • Safety ratings + recalls — official NHTSA scores and every open campaign

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