New Hyundai IONIQ 5 for Sale nearMichael, 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 $27,473, and over the past year it reached a low of $25,002. Recently, prices have come down for the 2022 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 style, space, and easy-to-live-with tech. 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 design, roomy cabin, smooth and quiet ride, and impressive range. The model also earns recurring praise for its advanced technology and strong value, which helps explain why it stands out so clearly in owner feedback.

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

The main trade-offs that show up in expert feedback are cargo space relative to gasoline crossovers and a cabin presentation that leans more utilitarian than upscale, along with some ride and seating preferences depending on trim.

37.0% 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, and the recurring themes are the same across model years: a smooth driving experience, strong everyday usability, and a well-liked mix of technology and value. Expert commentary also reinforces the IONIQ 5’s polished character and thoughtful execution.

• 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 buy.

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

Across all model years, accident-free inventory is excellent at 93.7% — 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, 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, built-in navigation, and a wireless smartphone charger on all but the base trim.
• Range & charging: 245 miles of range, 63-kilowatt-hour battery pack, 10%–80% in 20 minutes, up to 250 kW, 30 minutes, 11-kW onboard charger, and 10%–100% in seven hours and 20 minutes.
• Battery health: Check battery state-of-health, ask how the car was typically charged at home versus on DC fast chargers, 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: Best if you want the lowest entry point and the efficiency leader, with the 63-kWh battery and 245 miles of range.
• SE: A strong step up if you want the larger 84-kWh battery and more range while staying near the bottom of the lineup.
• SEL: A good value choice if you want more equipment without jumping to the upper trims.
• Limited: The best-value trim for many shoppers, with the most upscale feel, a head-up display, Bose audio, and the most complete comfort-and-tech mix.
• XRT: The adventure-focused choice, with a higher ride height, all-terrain tires, front tow hooks, unique fascias, and terrain modes for Mud, Sand, and Snow.
• N: The performance model, with the most powerful dual-motor setup and the most extreme 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 usually give you more choices, more price competition, and a better chance of finding the trim and condition you want. That’s why they tend to be the most popular used picks.

What is the Hyundai IONIQ 5's resale value?

Most of the movement here points downward, which can work in your favor if you’re shopping used. One year is essentially flat, while the others show meaningful declines, so you can find stronger value in recent model years without giving up the IONIQ 5’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 is 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 −11.42% versus a year ago, and the 2022 model is at −7.93%.
• Deal availability: The 2024 model has 37.1% good and great deals, and the 2022 model has 36.9%.
• Sweet-spot year: The 2024 model has the most listings at a current average price of $27,456. The Hyundai IONIQ 5 offers a distinctive design, a roomy cabin, and a polished, family-friendly character that makes it easy to live with.

Consider waiting if:

• Range & charging: 245 miles of range, 63-kilowatt-hour battery pack, 10%–80% in 20 minutes, up to 250 kW, 30 minutes, 11-kW onboard charger, and 10%–100% in seven hours and 20 minutes.
• Tech: a 12.3-inch digital instrument cluster and a 12.3-inch infotainment touchscreen under a single piece of glass, wireless Apple CarPlay and Android Auto, built-in navigation, and a wireless smartphone charger on all but the base trim.
• 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 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 20, 2026, CarGurus experts' opinions, and generative AI.