Used Hyundai Ioniq 5 for Sale nearChicago, IL

How much does the Hyundai Ioniq 5 cost in today's market?

Used Hyundai Ioniq 5 prices span a wide range depending on model year. Here's what the market looks like right now:

The Hyundai Ioniq 5's current nationwide average price is $27,726, and its year-round low is $25,030.86. That gives you a useful snapshot of where this model sits right now, with recent model years spanning from the mid-$20,000s into the low $30,000s depending on year and condition.

Recently, prices have come down for the 2022, 2023, and 2024 models, making now a good time to shop recent model years.

Is the Hyundai Ioniq 5 a good car?

Yes — the Hyundai Ioniq 5 is well regarded by owners across its model years, and the all-generations user rating backs that up.

The all-generations owner rating is 4.85/5 across every model year in the data.

Owners consistently praise the Hyundai Ioniq 5 for its striking design, spacious cabin, and smooth, quiet driving feel. They also highlight its advanced technology and strong value, especially for an EV that feels distinctive and easy to live with.

Expert reviews rate the 2022 and 2025 models among the highest across all years.

The main trade-offs that come up in expert reviews are cargo space, interior materials, and some comfort-related details, so you should weigh those against the Ioniq 5's style, charging speed, and everyday usability.

36.1% of listings are priced as good or great deals.

Are Hyundai Ioniq 5 models reliable?

Owners consistently rate the Hyundai Ioniq 5 highly, and the recurring praise centers on its smooth driving character, strong technology, and overall everyday usability. Expert commentary also reinforces its appeal as a well-rounded EV with fast charging and practical design.

• Owners rate the Hyundai Ioniq 5 between 4.73 and 5.0 out of 5 stars across all model years in the data.

For used buyers, long-term ownership risk is best managed by checking battery condition, charging habits, and warranty coverage before you commit.

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

Across all model years, accident-free inventory is excellent at 95% — clean inventory, standard diligence applies.

Key things to evaluate:

• Safety package: Hyundai's Highway Driving Assist 1, with blind-spot monitors, front and rear parking sensors, rear cross-traffic alert, forward-collision warning with pedestrian and cyclist detection and intersection assist, automatic emergency braking, lane-keep assist, a driver-attention monitor, safe-exit assist, adaptive cruise control, high-beam assist, rear-occupant alert
• Infotainment: a 12.3-inch digital instrument cluster and a 12.3-inch infotainment touchscreen under a single piece of glass, with wireless Apple CarPlay and Android Auto
• Range & charging: 245 miles of range, a 63-kilowatt-hour battery pack, and 10%–80% in 20 minutes with a Combined Charging System (CCS) adapter at a rate of up to 250 kW
• Battery health: check battery state-of-health, review how the car has been charged over time, and confirm remaining battery warranty coverage before you buy

Which Hyundai Ioniq 5 trim should I buy?

The 2026 Hyundai Ioniq 5 offers these trims:

• SE Standard Range: the entry point, with the 63-kWh battery and 245 miles of range; best if you want the lowest starting price and can live with the smaller battery.
• SE: a strong value choice that adds the larger 84-kWh battery and more range, making it the best-value trim for many shoppers.
• SEL: a step up for buyers who want more equipment while staying in the mainstream of the lineup.
• Limited: the most upscale mainstream trim, adding the richest feature set and a head-up display.
• XRT: the adventure-oriented trim with unique 18-inch alloys, darkened exterior trim, a slightly higher ride height, all-terrain tires, front tow hooks, and terrain modes for Mud, Sand, and Snow.
• Ioniq 5 N: the high-performance model for buyers who want the most power and a dedicated performance setup.

What Hyundai Ioniq 5 do most buyers choose?

The Hyundai Ioniq 5 years with the most listings are 2024, 2023, and 2025.

Higher-volume years usually draw more shoppers because they give you more inventory to compare, more pricing flexibility, and a better chance of finding the trim and condition you want. In this case, the most common model years also line up with strong deal availability, which makes them especially appealing for used buyers.

What is the Hyundai Ioniq 5's resale value?

The table shows broad downward movement in used pricing, which is good news if you're shopping for value. One year has fallen sharply, while the others have also moved lower, so recent used examples are becoming more attainable. The smallest changes are concentrated in the years that have moved the least from their prior pricing.

The 2023, 2022, and 2024 model years have held their value best, with the smallest year-over-year price changes.

Is the Hyundai Ioniq 5 safe?

• 2026: 9/10
• 2025: 9/10
• 2022: 10/10

The 2026 Hyundai Ioniq 5 comes standard with Hyundai's Highway Driving Assist 1, along with a broad set of driver-assistance features.

For the safest used buy, the 2022 model posts the highest confirmed score of 10/10.

Should I buy a used Hyundai Ioniq 5 now or wait for the next model?

Buy now if:

• Price trend: The 2024 model is at −15.59% versus a year ago, and the 2023 model is at −1.21%.
• Deal availability: The 2024 model has 36.4% good and great deals, and the 2023 model has 36.9%.
• Sweet-spot year: The 2024 model has the most listings at a current average price of $27,437. The Hyundai Ioniq 5 offers a distinctive design and a roomy, easy-to-use cabin that make it stand out in everyday driving.

Consider waiting if:

• Range & charging: 245 miles of range, a 63-kilowatt-hour battery pack, and 10%–80% in 20 minutes with a Combined Charging System (CCS) adapter at a rate of up to 250 kW.
• Tech: a 12.3-inch digital instrument cluster and a 12.3-inch infotainment touchscreen under a single piece of glass, plus wireless Apple CarPlay and Android Auto.
• Safety: Hyundai's Highway Driving Assist 1, with blind-spot monitors, front and rear parking sensors, rear cross-traffic alert, forward-collision warning with pedestrian and cyclist detection and intersection assist, automatic emergency braking, lane-keep assist, a driver-attention monitor, safe-exit assist, adaptive cruise control, high-beam assist, rear-occupant alert
• Starting price: The SE Standard Range starts at $36,600 including a $1,600 destination fee.

If you're buying used today, the 2024 model year offers the best mix of value and availability. If you want the latest tech and features, it may be worth waiting for 2028 inventory to mature.

These recommendations are based on CarGurus' proprietary market data from September 4, 2026, CarGurus experts' opinions, and generative AI.