Used 2023 Hyundai Ioniq 5 for SaleNationwide

How much does the 2023 Hyundai Ioniq 5 cost?

Prices have held steady compared to this time last year, signaling a stable and predictable market for this model year.

There are 2,122 listings available, which gives you a solid amount of inventory to compare before you buy.

Is the 2023 Hyundai Ioniq 5 a good car?

Yes — owners rate it 4.73/5, and the feedback points to a model that stands out for its beautiful design, roomy interior, and impressive range of over 300 miles. You also see repeated praise for the smooth, quiet ride and advanced technology features, which fits a buyer looking for a modern electric crossover that feels practical for everyday use. If you want something distinctive without giving up comfort or usability, this model year lines up well with that use case. With 37.5% of listings marked as good or great deals, you have a meaningful chance to find a competitive offer.

Is the 2023 Hyundai Ioniq 5 reliable?

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

The owner feedback also points to a dependable, trouble-free ownership experience, with praise centered on the car’s long-term appeal, smooth operation, and confidence-inspiring everyday use. For used buyers, that suggests the bigger risk is less about the model’s basic durability and more about finding one that has been cared for properly over time.

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

Accident-free inventory is excellent at 94.4% — 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. Prioritize a thorough inspection of 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 getting in and out as concerns, it’s smart 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, selective buyer’s market, so you can shop patiently and still find worthwhile listings.

• Deal availability: 37.5% of listings are priced as good or great deals.
• Inventory: There are 2,122 listings available.
• Price trend: Prices have held steady compared with last year.
• Clean inventory: 94.4% of listings are accident-free.

If you find a listing below $24,261, 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 $27,789 sits slightly below last year's $27,858.

That small decline suggests the market has been relatively stable, which is helpful if you plan to resell later. A steady price pattern can make it easier to estimate future value, especially when the model continues to attract shoppers looking for a distinctive EV with strong everyday appeal. 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:

• 37.5% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 94.4% — clean inventory, standard diligence applies.
• Price trend: Prices have held steady compared with last year.
• Owners rate it 4.73/5 — a strong satisfaction signal.

Consider the 2022 if:

• At $22,044, the 2022 costs less than the current year's $27,789 average.
• It emphasizes innovation, uniqueness, and approachable EV value.

The bottom line: If you want the strongest blend of satisfaction, clean inventory, and stable pricing, the 2023 is the better all-around pick. If your priority is spending less upfront, the 2022 is the more budget-friendly path and still gives you the Ioniq 5’s core appeal.

These recommendations are based on CarGurus' proprietary market data from September 11, 2026, CarGurus experts' opinions, and generative AI.