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 $27,928, and its year-round low is $25,066.67. That gives you a useful snapshot of where this model is trading right now, with recent model years spanning a fairly broad price band. 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 the model years in the data, and its appeal centers on style, space, 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, roomy interior, and smooth, quiet ride. They also highlight its advanced technology and strong value, especially for an EV that feels distinctive without giving up practicality.

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

The main trade-offs called out by experts are cargo space that trails some gasoline crossovers and an interior that leans minimalist rather than plush. Some shoppers may also want to weigh seat comfort and the overall cabin feel against the Ioniq 5’s standout styling and tech.

33.1% 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 appeal. Expert commentary also reinforces its well-rounded nature, especially its charging speed, usability, and thoughtful feature set.

• 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 verify battery condition, charging habits, and service history 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 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, and rear-occupant alert.
• Infotainment: a 12.3-inch digital instrument cluster and a 12.3-inch infotainment touchscreen with wireless Apple CarPlay and Android Auto, built-in navigation, and a wireless smartphone charger.
• Range & charging: 245 miles of range, 63-kilowatt-hour battery pack, 10%–80% in 20 minutes, up to 250 kW, 30 minutes, and 10%–100% in seven hours and 20 minutes.
• Battery health: Check battery state-of-health, ask how the car has been charged over time, and review remaining battery warranty coverage so you understand what protection still applies.

Which Hyundai Ioniq 5 trim should I buy?

The 2026 Hyundai Ioniq 5 offers these trims:

• SE Standard Range: The entry trim gives you the lowest starting price and the efficiency leader, making it the value pick if you want the Ioniq 5 experience at the most accessible price.
• SE: This trim adds the larger battery and more range, which makes it the best-value choice for many shoppers who want a stronger everyday balance.
• SEL: This trim builds on the SE with more equipment and sits in the middle of the lineup for buyers who want a richer feature set.
• Limited: This trim adds the most upscale equipment in the lineup, including the head-up display and Bose audio, for shoppers who want the most premium feel.
• XRT: This off-road-oriented trim adds unique 18-inch alloys, pixel-patterned exterior cladding, black trim, front tow hooks, seven inches of ground clearance, all-terrain tires, and terrain modes for buyers who want the most adventurous version.
• Ioniq 5 N: This performance model brings the most power in the lineup and is aimed at shoppers who want the highest-output version.

What Hyundai Ioniq 5 do most buyers choose?

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

Higher-volume model years tend to draw more shoppers because they usually offer a wider selection of prices, trims, and equipment combinations. That also makes it easier to compare listings and find a version that fits your budget and feature priorities.

What is the Hyundai Ioniq 5's resale value?

The table shows prices moving lower across every listed model year, which is good news if you’re shopping used. One year has fallen sharply, while the others show smaller declines, so recent buyers may find better entry points than they would have a year ago. The pattern also suggests that newer examples are adjusting downward in step with the broader used inventory for this model.

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?

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 −15.61% versus a year ago, and the 2023 model is at −1.04%.
• Deal availability: The 2024 model has 33.5% good and great deals, and the 2023 model has 33.7%.
• Sweet-spot year: The 2024 model has the most listings at a current average price of $27,645. The Hyundai Ioniq 5 offers distinctive styling, a roomy cabin, and easy-to-use technology that make it feel special without sacrificing everyday practicality.

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, 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, plus wireless Apple CarPlay and Android Auto.
• Safety: Hyundai's Highway Driving Assist 1 and Highway Driving Assist 2 that adds automatic lane changes.
• 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 August 28, 2026, CarGurus experts' opinions, and generative AI.