Used Hyundai Ioniq 5 for Sale nearMadison, WI

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 $27,523, and over the past year it reached a low of $25,039. 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 pick if you want a distinctive EV with broad appeal and everyday usability. 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, smooth and quiet ride, and impressive range. Reviewers also highlight its easy-to-use technology and strong value, especially for shoppers who want a modern-feeling electric crossover.

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

The main tradeoffs called out by experts center on cargo space, seat comfort, and the minimalist interior, with some versions also drawing attention for accessibility and a floaty suspension feel.

37.1% of listings are priced as good or great deals.

Are Hyundai Ioniq 5 models reliable?

Owners and experts consistently praise the Hyundai Ioniq 5 for its smooth driving character, strong range, and well-executed technology. Across the model years, it also earns especially positive feedback for its spacious cabin 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 is best managed by checking battery condition, reviewing charging habits, and confirming any remaining battery warranty coverage.

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

Across all model years, accident-free inventory is excellent at 94.7% — clean inventory, standard diligence applies.

Key things to evaluate:

• Safety package: Hyundai's Highway Driving Assist 1
• Infotainment: a 12.3-inch infotainment touchscreen with wireless Apple CarPlay and Android Auto
• Range & charging: 245 miles of range, a 63-kilowatt-hour battery pack, 10%–80% in 20 minutes, up to 250 kW, and 10%–100% in seven hours and 20 minutes
• Battery health: Check battery state-of-health, review how often the car has been charged at home versus on DC fast chargers, and confirm any remaining battery warranty coverage

Which Hyundai Ioniq 5 trim should I buy?

The 2026 Hyundai Ioniq 5 offers these trims:

• SE Standard Range: The entry point, with the single-motor rear-wheel-drive setup and the 63-kilowatt-hour battery; it suits you if you want the lowest starting price and the efficiency leader.
• SE: Adds the larger 84-kWh battery and more range while keeping the rear-wheel-drive layout, making it the best-value trim for many shoppers.
• SEL: Builds on the SE with more equipment and keeps the same core electric driving character.
• Limited: Adds the premium touches many shoppers want, including the head-up display, Bose audio, and digital key.
• XRT: Adds the off-road-oriented hardware, including the raised ride height, all-terrain tires, front tow hooks, and terrain modes.
• N: Adds the high-performance dual-motor setup and the most powerful output in the lineup.

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 be the most popular used picks because they give you more inventory to compare, more pricing competition, and a better chance of finding the trim and equipment mix you want.

What is the Hyundai Ioniq 5's resale value?

The table shows that used Hyundai Ioniq 5 prices are moving lower across the model years shown, which can work in your favor if you're shopping now. One year is nearly flat, while the others show larger declines, including a double-digit drop that creates a more buyer-friendly entry point. That pattern suggests recent used inventory has become more attainable without changing the model's core appeal.

The 2023 model year is holding steady, with prices close to flat year-over-year.

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

Hyundai's Highway Driving Assist 1 comes standard on the 2026 Hyundai Ioniq 5.

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 −15.34% versus a year ago, and the 2023 model is at −0.25%.
• Deal availability: The 2024 model has 37.4% good and great deals, and the 2023 model has 37.5%.
• Sweet-spot year: The 2024 model has the most listings at a current average price of $27,408. The Hyundai Ioniq 5 offers a spacious cabin and a distinctive design that make it feel modern and practical at the same time.

Consider waiting if:

• Range & charging: 245 miles of range, a 63-kilowatt-hour battery pack, 10%–80% in 20 minutes, and 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.
• Safety: 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.
• Starting price: The SE Standard Range starts at $36,600 including destination.

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 the next model year's inventory to build up.

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