Is the $28,998 price on this 2024 Hyundai IONIQ 5 a good deal?

OAV rates this as Fair Price because the asking price of $28,998 is within the typical market range for this vehicle.

What is the average price for a 2024 Hyundai IONIQ 5 in NJ?

Based on 218 comparable listings in NJ, the average asking price for a 2022-2026 Hyundai IONIQ 5 is $41,026, with prices ranging from $18,995 to $58,757.

How long does a 2024 Hyundai IONIQ 5 typically stay on dealer lots?

Comparable Hyundai IONIQ 5 listings in NJ spend an average of 69 days on dealer lots.

Where is this 2024 Hyundai IONIQ 5 located?

This vehicle is listed in Edison, NJ 08817. VIN: KM8KM4DB1RU299399. Mileage: 8,449 miles.

What is the fair market price range for this 2024 Hyundai IONIQ 5?

OAV's Price-to-Market analysis estimates the fair market range is $28,998 to $28,998, based on available comparable vehicles.

No Photo Available

Vehicle Details

VINKM8KM4DB1RU299399

TrimSE

Exterior ColorWhite

DrivetrainRWD

TransmissionAutomatic

Fuel TypeElectric

Inventory Typeused

Days on Lot84

2024 Hyundai IONIQ 5

Unscored

$28,9988,449 mi

Edison, NJ 08817

Is this 2024 Hyundai IONIQ 5 SE a good deal?

OAV verdict: Unscored

Why: Listed at $28,998, comparable market range $28,998–$28,998. Days on lot: 84 days (market average 69 days).

Market price position

$28,998 · only listing at this price

$28,998 — single data point

Regional range: $28,998 (0 listings)
vs. market: Exact match — no spread
Comparable vehicles: 0

Market Retail Price (MRP™)

$28,998

This vehicle $28,998 · priced at MRP

MRP™ is the midpoint of the comparable market range — the representative price the market is asking for similar vehicles. How MRP works.

True Retail Value (TRV™)

$24,786

This vehicle $28,998 · $4,212 (17%) above TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-14) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

High Demand

Similar vehicles recently sold in an estimated 10–33 days.

What does Demand-Verified mean?

Verify before inquiring

This listing has been on market about 2.5x longer than typical for similar vehicles (cohort sells in 10–33 days; this one is at 84). Long days-on-lot on a fast-turn cohort can signal title concerns, mechanical issues, or pricing the dealer won't actually honor. Recommend a vehicle history report before spending more time.

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges refresh daily.

Regional Range$27,990 – $27,990

Carmax Edison

Edison, NJ

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

View all vehicles from carmax edison →

Request availability and out-the-door price

OAV will route your inquiry to Carmax Edison for current availability of this 2024 Hyundai IONIQ 5 SE and an out-the-door price quote (taxes, fees, addons included).

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

About This 2024 Hyundai IONIQ 5

Listing updated: Jul 15, 2026

Listed by an independent dealer in Edison, NJ · On lot for 84 days · VIN verifiable at NHTSA

This used 2024 Hyundai IONIQ 5 SE is listed at $28,998 by carmax edison in Edison, NJ 08817. It has 8,449 miles on the odometer. The exterior color is White. It features a RWD drivetrain and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as Unscored due to insufficient comparable data. Based on available similar vehicles in the Edison market, the estimated market range is $28,998 to $28,998.

This vehicle has been on the lot for 84 days.

Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).

Market context

This listing is part of OAV's broader Edison, NJ electric market analysis. OAV compares vehicles using local and regional price-to-market ranges, days-on-lot, comparable count, and demand signals where available.

How this deal is rated

OAV compares this 2024 Hyundai IONIQ 5 against similar vehicles currently available in the local and regional market — same make, model, and year range, filtered for comparable mileage. Based on where this listing falls in that comparable set, it is rated:

Great Deal — priced below the typical range for comparable vehicles.
Fair Price — priced within the expected range for comparable vehicles.
Overpriced — priced above the typical range for comparable vehicles.

Listings show OAV's PTM-derived deal quality and live market context. OAV-claimed dealers manage their listing profile and route buyer inquiries directly. Paid OAV partners surface additional verification signals.

How this listing is verified

This vehicle listing was aggregated from an independent dealer in Edison, NJ, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN KM8KM4DB1RU299399 can be independently verified via the U.S. Department of Transportation's NHTSA VIN decoder, and safety recalls at NHTSA's recall database.

Vehicle attributes (year, make, model, trim, mileage, location) are standardized using OAV's patented methodology (U.S. Patent No. 12,236,477), which normalizes naming conventions and deduplicates cross-listed inventory across the dealership network. Listing data is refreshed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2024 Hyundai IONIQ 5 Market in NJ

Comparable Vehicles

218

Average Price

$41,026

Price Range

$18,995–$58,757

Avg Days on Lot

Based on 218 comparable 2022-2026 Hyundai IONIQ 5 listings in NJ, the average asking price is $41,026. This listing at $28,998 is $12,028 below average (29% below market). Comparable prices in NJ range from $18,995 to $58,757. Similar vehicles spend an average of 69 days on dealer lots in this market.