Used 2016 Hyundai Veloster for Sale near Illinois

How much does the 2016 Hyundai Veloster cost?

Prices have softened 7.85% compared to this time last year, making it a favorable time to shop this model year.

There are 315 listings available, which gives you a modest amount of inventory to compare before you buy.

If you find a listing below $8,229.42, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2016 Hyundai Veloster a good car?

Yes — the 4.71/5 user rating points to strong owner satisfaction. Owners consistently praise the sporty design, the fun driving experience, and the good fuel economy, while the unique third door adds everyday convenience that makes the car feel more practical than its shape suggests. For you, that means the Veloster makes the most sense if you want a compact hatchback with personality, useful cargo space, and a value-focused ownership experience. 25.4% of listings are priced as good or great deals, so there are still worthwhile opportunities if you shop carefully.

Is the 2016 Hyundai Veloster reliable?

Owners rate it 4.71/5, a strong signal of long-term satisfaction.

The review summary also points to reliable performance, dependable ownership, and a car that many drivers feel they can count on over time. That kind of feedback matters for used buyers because it suggests the Veloster can be a sensible choice if you want a small car that should hold up well with proper maintenance. Long-term ownership risk looks manageable, but you should still prioritize condition and service history before committing.

What should I look for when buying a used 2016 Hyundai Veloster?

At 50.8% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a vehicle history report so you can separate clean examples from cars with past damage. After that, put a pre-purchase inspection at the top of your checklist, especially if the car has had bodywork or shows uneven panel gaps, paint mismatch, or signs of rough use. Because the Veloster’s appeal depends so much on condition and driving feel, you should focus on how well the car has been maintained and whether it still delivers the sporty, tidy character buyers expect.

Is now a good time to buy a used 2016 Hyundai Veloster?

This looks like a moderate market where selective buyers can still find value if they shop with patience.

• Deal availability: 25.4% of listings are priced as good or great deals.
• Inventory: There are 315 listings available.
• Price trend: Prices have softened 7.85% compared with last year.
• Clean inventory: 50.8% of listings are accident-free.

If you find a listing below $8,229.42, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Hyundai Veloster's resale value?

The current average of $8,410 sits slightly below last year's $9,126.

That price movement suggests the Veloster has already absorbed some depreciation, which can help future sellers if they buy at the right price today. If you keep the car in good condition and avoid examples with questionable history, you may be better positioned to recover a fair share of value later. Vehicles with strong owner satisfaction ratings, like this model year's 4.71/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 Hyundai Veloster or consider a different year?

If you're weighing the 2016 against nearby model years, here's how to think about it:

Choose the 2016 if:

• 25.4% of listings are priced as good or great deals.
• At 50.8% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 7.85% compared with last year.
• Owners rate it 4.71/5 — a strong satisfaction signal.

The bottom line:

The 2016 is a smart pick if you want the Veloster’s distinctive styling, practical hatchback layout, and strong owner approval at a softened price point. If your priority is getting the best possible deal, you can also consider nearby years and compare condition, history, and asking price closely, since the market still has enough inventory to reward patient shoppers.

These recommendations are based on CarGurus' proprietary market data from August 28, 2026, CarGurus experts' opinions, and generative AI.