Used 2023 Hyundai Ioniq 5 for Sale nearSilver Spring, MD

How much does the 2023 Hyundai Ioniq 5 cost?

Prices have softened 1.77% compared to this time last year, making it a favorable time to shop this model year.

There are 2,053 listings available, which gives you a solid pool of options to compare.

Is the 2023 Hyundai Ioniq 5 a good car?

Yes — the 2023 Hyundai Ioniq 5 earns a 4.73/5 user rating, which points to strong owner satisfaction. Owners consistently praise its beautiful design, roomy interior, and impressive range of over 300 miles, and they also like the smooth, quiet ride and advanced technology features. That makes it a strong fit if you want an electric crossover that feels modern and practical for everyday use. With 37.6% of listings marked as good or great deals, you have a decent chance of finding a competitive price.

Is the 2023 Hyundai Ioniq 5 reliable?

Owners rate it 4.73/5, a strong signal of long-term satisfaction.

The owner feedback also emphasizes a dependable-feeling ownership experience, with praise for the smooth ride, quiet operation, and overall well-rounded usability. For used buyers, that suggests the bigger long-term risk is less about the model’s appeal and more about finding one that has been cared for properly.

What should I look for when buying a used 2023 Hyundai Ioniq 5?

Accident-free inventory is excellent at 93.5% — clean inventory, standard diligence applies.

You should still run a vehicle history report and confirm the car’s maintenance and charging history before you commit. Put inspection priority on the battery-related systems, cabin condition, and any signs of wear that could affect comfort or daily usability. Because some owners mention seat comfort and entry/exit challenges, it also makes sense to spend extra time evaluating how the car fits your body and routine.

Is now a good time to buy a used 2023 Hyundai Ioniq 5?

This looks like a moderate market for selective buyers, with enough inventory to shop carefully and enough deal activity to reward patience.

• Deal availability: 37.6% of listings are priced as good or great deals.
• Inventory: There are 2,053 listings available.
• Price trend: Prices have softened 1.77% compared with last year.
• Clean inventory: 93.5% of listings are accident-free.

If you find a listing below $24,251, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Hyundai Ioniq 5's resale value?

The current average of $27,515 sits slightly below last year's $28,011.

That modest decline suggests the market has softened a bit, which can help you buy more confidently now if you're planning to keep the car for several years. For future resale, the model's strong owner satisfaction and broad appeal should help support demand, especially for well-kept examples with clean history and desirable equipment. Vehicles with strong owner satisfaction ratings, like this model year's 4.73/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2023 Hyundai Ioniq 5 or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 37.6% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 93.5% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 1.77% compared with last year.
• Owners rate it 4.73/5 — a strong satisfaction signal.

Consider the 2022 if:

• At $22,545, the 2022 costs less than the current year's $27,515 average.
• It emphasizes innovation, uniqueness, and approachable EV value.

The bottom line: If you want the stronger all-around ownership signal and are comfortable paying more, the 2023 is the better target. If your priority is lower upfront cost, the 2022 is the more budget-friendly path and still delivers the Ioniq 5's core appeal.

These recommendations are based on CarGurus' proprietary market data from September 29, 2026, CarGurus experts' opinions, and generative AI.