Good price for a 2012 Elantra?

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I'm looking at buying a 2012 Hyundai Elantra Premium from a private vendor. It has low kilometres, is registered until March, and the seller is asking $18,500. Is that a fair price?

The guide for a private sale is $18,000 to $20,500 ; the price you would be offered as a trade-in is $14,000 to $16,500. While the price the vendor is asking is at the low end of the private range, I would be trying to get it down to around $16,000.

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