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 $27,793, and its year-round low is $25,068.37. That puts the model's current pricing in a fairly broad band, with recent-year examples spanning from the low $20,000s into the upper $20,000s depending on year and trim. 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 a strong used EV choice, anchored by an all-generations owner rating of 4.85/5 across every model year in the data.

Owners consistently praise its striking design, spacious interior, smooth and quiet ride, and advanced technology. They also frequently highlight its strong range and overall value, which help it stand out as a practical family-friendly EV.

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

The main trade-offs that come up in expert feedback are cargo space, interior materials, and the way some trims prioritize style and tech over outright utility. Even so, the overall package remains compelling if you want a distinctive EV with everyday usability.

34.6% of listings are priced as good or great deals.

Are Hyundai Ioniq 5 models reliable?

Owners consistently describe the Hyundai Ioniq 5 as smooth, well-built, and easy to live with, while expert coverage reinforces its strong everyday usability and advanced technology. Across the model years in the data, it earns especially positive marks for comfort, design, and overall value.

• 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 looks manageable if you choose carefully and focus on well-kept examples with clean histories and consistent maintenance.

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

Across all model years, accident-free inventory is excellent at 95.4% — clean inventory, standard diligence applies.

Key things to evaluate:

• Safety package: Hyundai's Highway Driving Assist 1, 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: 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
• Fuel efficiency: 131 MPGe city, 100 MPGe highway, and 115 MPGe combined

Which Hyundai Ioniq 5 trim should I buy?

The 2026 Hyundai Ioniq 5 offers...

• SE Standard Range: This is the entry point, and it gives you the lowest starting price along with the efficiency-focused single-motor setup.
• SE: This is the best-value trim if you want the larger battery and a strong balance of range, everyday usability, and price.
• SEL: This trim adds more equipment while staying below the higher-priced luxury and specialty versions.
• Limited: This trim adds the most upscale everyday feel, including the head-up display and Bose audio.
• XRT: This trim adds the adventure-oriented hardware, including the raised ride height, all-terrain tires, front tow hooks, and terrain modes.
• N: This is the performance choice, with the most powerful dual-motor setup and the most aggressive character.

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 tend to attract more shoppers because they usually offer a wider mix of trims, prices, and mileage levels. That gives you more chances to find the right balance of features and value.

What is the Hyundai Ioniq 5's resale value?

The table shows downward movement across all three model years, which can work in your favor if you're shopping used. One year has fallen sharply, while the others have also moved lower, so recent examples are generally easier to find at more approachable prices than they were a year ago. 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.

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 −15.78% versus a year ago, and the 2023 model is at −1.38%.
• Deal availability: The 2024 model has 35% good and great deals, and the 2023 model has 35.7%.
• Sweet-spot year: The 2024 model has the most listings at a current average price of $27,661. The Hyundai Ioniq 5 offers a distinctive design, a roomy cabin, and a calm, easygoing driving character that make it appealing as an everyday EV.

Consider waiting if:

• Powertrain/efficiency: Hyundai offers the Ioniq 5 with a single-motor, rear-wheel-drive (RWD) powertrain that makes 168 horsepower and 258 pound-feet of torque in the base SE Standard Range trim or 220 hp and the same 258 lb-ft in other trims.
• Tech: It starts with a 12.3-inch digital instrument cluster and a 12.3-inch infotainment touchscreen under a single piece of glass. Also standard are wireless Apple CarPlay and Android Auto, along with built-in navigation.
• Safety: Standard fare includes 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, and Hyundai's Highway Driving Assist 1 that can handle the controls on select stretches of highway, though the driver’s hands have to stay on the wheel.
• 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 2027 inventory to mature.

These recommendations are based on CarGurus' proprietary market data from August 21, 2026, CarGurus experts' opinions, and generative AI.