2024 Hyundai Sonata Cost to Own

As of May 2025 insuring a Hyundai Sonata 2024 will cost approximately $17,220 dollars to insure per year, or $1,435 dollars per month. This amount can vary depending on factors like the age of the driver, driving record, credit rating, location of insured vehicle, vehicle trim and the company providing the insurance. For more information on insuring your vehicle, check out Kelley Blue Book.

As of May 2025 average annual maintenance costs for a Hyundai Sonata 2024 run about $837 dollars, totaling approximately $4,189 dollars over five years.

As of May 2025 average annual depreciation for a Hyundai Sonata 2024 runs about $3,018 dollars, totaling approximately $15,090 dollars over five years. It's worth noting that new vehicles depreciate most rapidly in the first couple years after purchase and that rate slows over time.

A Hyundai Sonata 2024 can be expected to depreciate around $15,090 dollars over the course of 5 years, averaging $3,018 dollars per year, with the most dramatic depreciation occurring in the first 2-3 years and tapering off thereafter. Factors impacting the depreciation value of the 2024 Hyundai include vehicle age, mileage, make and model, accident history, market demand, service history, and external market factors like gas prices. For a more detailed breakdown of vehicle value, check with the experts at Kelley Blue Book.

Average annual maintenance costs for a Hyundai Sonata 2024 run about $837 dollars or $4,189 dollars over the span of 5 years. For a more detailed cost breakdown, check out Kelley Blue Book's car maintenance pages for the 2024 Hyundai.