Used 2024 Hyundai IONIQ 5 for Sale nearRaleigh, NC

How much does the 2024 Hyundai IONIQ 5 cost?

Prices have softened 9.28% compared to this time last year, making it a favorable time to shop this model year.

There are 2,292 listings available, which suggests you have a solid amount of inventory to compare.

Is the 2024 Hyundai IONIQ 5 a good car?

Yes — the 2024 Hyundai IONIQ 5 earns a 5/5 user rating, which points to strong owner satisfaction. Owners repeatedly praise the spacious interior, impressive cargo space, fast charging, smooth ride, and strong acceleration. For you, that makes it especially appealing if you want a family-friendly EV with practical packaging and a modern feel. The 37.3% share of good or great deals also suggests there are worthwhile listings to consider.

Is the 2024 Hyundai IONIQ 5 reliable?

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

The owner feedback also emphasizes dependable day-to-day use, with repeated praise for fast charging, a great warranty, and a smooth ownership experience. That kind of trouble-free reputation matters if you want an EV you can count on over time.

For used buyers, the main long-term ownership risk is making sure the specific vehicle has been maintained well and shows no signs of hidden wear.

What should I look for when buying a used 2024 Hyundai IONIQ 5?

Accident-free inventory is excellent at 92.2% — clean inventory, standard diligence applies.

You should still run a vehicle history report and confirm the car’s service records before you commit. A pre-purchase inspection is worth prioritizing, especially if you want to verify charging behavior, suspension feel, and overall condition. Focus on signs of uneven wear, interior condition, and any issues that could affect daily use or long-term ownership.

Is now a good time to buy a used 2024 Hyundai IONIQ 5?

This looks like a moderate, selective buyer’s market, so you can shop carefully without feeling rushed.

• Deal availability: 37.3% of listings are priced as good or great deals.
• Inventory: There are 2,292 listings available.
• Price trend: Prices have softened 9.28% compared with last year.
• Clean inventory: 92.2% of listings are accident-free.

If you find a listing below $25,882, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2024 Hyundai IONIQ 5's resale value?

The current average of $27,483 sits slightly below last year's $30,293.

That price movement suggests the market has cooled enough to give you better entry pricing now, but it also means a future seller may face some depreciation pressure if values continue to ease. If you buy well and keep the vehicle in strong condition, you can help protect your exit value later. Strong demand for well-reviewed EVs can also support resale when the car has broad appeal.

Vehicles with strong owner satisfaction ratings, like this model year's 5/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2024 Hyundai IONIQ 5 or consider a different year?

If you're weighing the 2024 against nearby model years, here's how to think about it:

Choose the 2024 if:

• 37.3% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 92.2% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 9.28% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2025 if:

• It adds a new adventure-ready trim while keeping the core formula intact.

The bottom line: You should lean toward the 2024 if you want a well-liked, well-priced used EV with strong inventory quality and plenty of listings to compare. If you’re especially price-sensitive, the 2024 is the better value play; if you want the newest version of the same basic package, the 2025 is worth a look.

How does the 2024 Hyundai IONIQ 5 compare to the 2024 Kia EV6?

These recommendations are based on CarGurus' proprietary market data from November 3, 2026, CarGurus experts' opinions, and generative AI.