Used 2023 Kia K5 for Sale near Chicago, IL
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Sponsored by Ed Napleton Acura Kia of Elmhurst
CarGurus Analysis:
2023 Kia K5
With 217 currently listed for sale near Chicago, IL and an average price of $23,451.00, 23.5% of 2023 Kia K5s for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Kia K5 4 / 5 stars.
100.0% of 2023 K5 models on CarGurus are accident free.
The 2023 Kia K5 is recognized for offering great value, advanced technology, and features like wireless charging in a stylish package.
CarGurus Analysis: 2023 Kia K5
Summary
With 217 currently listed for sale near Chicago, IL and an average price of $23,451.00, 23.5% of 2023 Kia K5s for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Kia K5 4 / 5 stars.
100.0% of 2023 K5 models on CarGurus are accident free.
The 2023 Kia K5 is recognized for offering great value, advanced technology, and features like wireless charging in a stylish package.
Why it stands out
The 2023 Kia K5 is an excellent choice for those in the midsize sedan market, benefitting from a blend of style, performance, and value. Since its introduction in 2021, the K5 has drawn attention for its sporty exterior and a well-appointed interior, marked by advanced technologies such as wireless charging and a variety of safety features. Its 100% accident-free reputation among listings highlights its reliability, further bolstered by positive user reviews that commend its offering of good value. Despite some critiques regarding interior space and fuel efficiency, the K5 continues to stand out as a desirable option for buyers looking for an all-around competent sedan.
Other model years to consider
- Average price: $19,654.00
- Good/great deal percentage: 26.2%
- User rating: 4.73 / 5
- Total listings: 244
- Average price: $17,961.00
- Good/great deal percentage: 26.4%
- User rating: 4.7 / 5
- Total listings: 159
- Average price: $24,863.00
- Good/great deal percentage: 30.5%
- User rating: 5 / 5
- Total listings: 197
This analysis is based on CarGurus' proprietary market data from June 2, 2026, CarGurus experts' opinions, and generative AI.
Relevant articles
2026 Kia K5 Pricing, Specs, and Release Date
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4.0 Overall rating
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Tyrone C
Reviewed a 2023 Kia K5 on Jan 18, 2023
The Kia K5 GT is a great car for the money. It has all the latest features I clouding wireless phone charging apple and android car play, and a nice Navigation setup. Try this car. You wont be disappointed.
Anonymous
Reviewed a 2023 Kia K5 on Aug 16, 2022
The technology on this car is absolutely amazing. Ive only had it for a few days, but right now I absolutely love it! Great value! Looks amazing! Rides so smooth! And the bomb red seats!
Anonymous
Reviewed a 2023 Kia K5 on May 22, 2023
Over priced for what you get. Bumpy ride. Bad gas mileage
Jade K
Reviewed a 2023 Kia K5 on Dec 21, 2022
Features are nice! The car pricing was not a good value in my opinion. It’s pretty pricey. It’s missing storage space. I like cup holders in the doors and there aren’t any. I’m not sure what other models to compare it to.
2023 Kia K5 Trims
| Trim type | MSRP |
|---|---|
| EX AWD | -- |
| EX FWD | $29,190 |
| LXS FWD | $25,290 |
| LX AWD | -- |
| GT FWD | $31,690 |
| GT-Line AWD | $28,390 |
| GT-Line FWD | $26,690 |
2023 Kia K5 Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2023 Kia K5 prices has changed over time.
See more price trends2023 Kia K5 Pricing Analysis: Chicago, IL Market Report
Pricing by Nearby Locations
Market Area: Chicago, IL
Key Insights
- Highest Prices in Nearby Cities: Kalamazoo, MI ($24,494) showcases the highest average price, likely driven by lower inventory and higher demand.
- Lowest Prices in Palatine, IL: At $22,932, Palatine offers prices significantly below the market average, suggesting more competitive activity.
- General Price Range Consistency: Cities like Aurora, IL ($23,091) and Rockford, IL ($23,932) maintain relatively stable pricing, indicating consistent demand across the region.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Kalamazoo, MI | 168 | $24,494 |
| South Bend, IN | 177 | $24,123 |
| Lafayette, IN | 187 | $24,840 |
| Rockford, IL | 153 | $23,932 |
| Aurora, IL | 207 | $23,091 |
| Palatine, IL | 208 | $22,932 |
| Janesville, WI | 149 | $23,494 |
| Milwaukee, WI | 146 | $21,977 |
| Kenosha, WI | 173 | $22,636 |
| Holland, MI | 153 | $23,395 |
Pricing by Trim Packages
Key Insights
- GT-Line FWD Most Available: The GT-Line FWD (242 listings) is the most frequently listed trim, reflecting strong consumer interest.
- Price Variability in Trims: Higher trims, like the GT FWD with an MSRP of $31,690, command a premium compared to base trims, indicating a clear distinction in market positioning.
- AWD Option Limited: The GT-Line AWD has the least inventory (9 listings), demonstrating lower availability in the all-wheel-drive category despite consistent demand.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| GT-Line FWD | 242 | $26,690 | FWD | 1.6L 180 hp I4 |
| LXS FWD | 77 | $25,290 | FWD | 1.6L 180 hp I4 |
| EX FWD | 35 | $29,190 | FWD | 1.6L 180 hp I4 |
| GT FWD | 28 | $31,690 | FWD | 2.5L 290 hp I4 |
| GT-Line AWD | 9 | $28,390 | AWD | 1.6L 180 hp I4 |
Pricing Analysis by Model Year
Key Insights
- Low Depreciation for Newer Models: The 2025 Kia K5 shows only a slight increase above the MSRP at $27,349, indicating continued demand for newer models.
- Significant Depreciation in Older Models: The 2022 K5 has seen an average price decrease to $20,600, reflecting a ~13.5% depreciation from its original MSRP.
- Price Sweet Spot for 2021 Models: The 2021 model presents good value, sitting around $17,993, which is ~23.4% below MSRP, appealing to budget-conscious buyers.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2026 | $27,490 | $28,423 | +3.4% |
| 2025 | $27,190 | $27,349 | +0.6% |
| 2024 | $25,590 | $24,287 | -5.1% |
| 2022 | $23,790 | $20,600 | -13.5% |
| 2021 | $23,590 | $17,993 | -23.4% |
These recommendations are based on CarGurus' proprietary market data from June 4, 2026, CarGurus experts' opinions, and generative AI.
