Used Hyundai Ioniq 5 for Sale near Traverse City, MI

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 $27,376, and its nationwide average price reached a low of $25,012 over the past year. 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 if you want standout design, a roomy cabin, and easy-to-use technology. The all-generations owner rating is 4.85/5 across every model year in the data.

Owners consistently praise the Ioniq 5 for its striking styling, spacious interior, smooth quiet ride, and impressive range. They also highlight its advanced tech and strong value, which help it feel especially appealing as a practical electric crossover.

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

The main trade-offs center on cargo space relative to gasoline crossovers, seat comfort, and the minimalist cabin theme.

37.4% of listings are priced as good or great deals.

Are Hyundai Ioniq 5 models reliable?

Owners consistently give the Hyundai Ioniq 5 very strong marks for quality, comfort, and everyday usability. Expert commentary also points to a polished driving experience, useful space, and a well-executed EV package that feels easy to live with.

• 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 a well-kept example and verify charging habits, battery condition, and service history.

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

Across all model years, accident-free inventory is excellent at 93.2% — clean inventory, standard diligence applies.

Key things to evaluate:

• Safety package: Hyundai's Highway Driving Assist 1, along 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, and 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, 10%–80% in 20 minutes at a rate of up to 250 kW, and 10%–100% in seven hours and 20 minutes on a Level 2 home charger.
• Battery health: Check battery state-of-health, ask how the car has been charged over time, and review the remaining battery warranty so you understand how the pack has been used and what coverage still applies.

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 lowest starting price; it suits buyers who want the most affordable way into the lineup.
• SE: A strong value choice that adds the larger battery and more range while keeping the core Ioniq 5 experience intact.
• SEL: A well-equipped middle trim that builds on the SE with more comfort and convenience features.
• Limited: The best-value trim for shoppers who want a more premium feel, with added equipment such as the head-up display and Bose audio.
• XRT: The adventure-focused trim, with unique exterior treatment, all-terrain tires, front tow hooks, extra ground clearance, and terrain modes for Mud, Sand, and Snow.
• Ioniq 5 N: The performance model, with the most powerful dual-motor setup and the most aggressive capability 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 usually give you more choices, more price competition, and a better chance of finding the trim and equipment mix you want. That makes them the most popular used picks for shoppers who want both selection and value.

What is the Hyundai Ioniq 5's resale value?

Prices are moving lower across the model years shown, which is good news if you're shopping used. The biggest drop is in the newest year listed, while the other two years are also down, with one sitting very close to flat.

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

The 2026 Hyundai Ioniq 5 comes standard with Hyundai's Highway Driving Assist 1, along 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, and rear-occupant alert.

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 −12.55% versus a year ago, and the 2023 model is at −0.61%.
• Deal availability: The 2024 model has 37.9% good and great deals, and the 2023 model has 38.6%.
• Sweet-spot year: The 2024 model has the most listings at a current average price of $27,380. The Hyundai Ioniq 5 offers a roomy cabin, striking styling, and a polished, easy-to-live-with character that makes it feel especially complete as a used EV.

Consider waiting if:

• Range & charging: 245 miles of range, a 63-kilowatt-hour battery pack, and 10%–80% in 20 minutes 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, along 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, and 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 the next model year's inventory to build up.

These recommendations are based on CarGurus' proprietary market data from October 13, 2026, CarGurus experts' opinions, and generative AI.