U.S. Patent No. 12,236,477 — Patented Automotive Data Standardization Technology
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Vehicle Details

VINKM8KMDAF4PU162428
TrimSE
Exterior ColorGray
Drivetrain4WD
TransmissionAutomatic
Fuel TypeElectric
Inventory Typeused
Days on Lot38

2023 Hyundai IONIQ 5

SE

Fair Price
$27,76418,377 mi

Grand Rapids, MI 49512

Is this 2023 Hyundai IONIQ 5 SE a good deal?

OAV verdict: Fair Price

Why: Listed at $27,764, comparable market range $27,500–$27,814, based on 13 comparable listings. Days on lot: 38 days (market average 249 days).

Market price position

$27,764 · within market range

$27,500$27,814 comparable
Regional range
$27,500 – $27,814
vs. market
$264 above low · $50 below high
Comparable vehicles
13

Market Retail Price (MRP™)

$27,657

This vehicle $27,764 · $107 (0%) above 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™)

$24,612

This vehicle $27,764 · $3,152 (13%) above TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-27) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data
Faster-than-average sell-through

Similar vehicles recently sold in an estimated 1143 days.

What does Demand-Verified mean?

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges are rebuilt from the market snapshot shown above.

Regional Range$27,500 – $27,814

Fox Motors Southeast Michigan

Grand Rapids, MI

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

View all vehicles from fox motors southeast michigan

Request availability and out-the-door price

OAV will route your inquiry to Fox Motors Southeast Michigan for current availability of this 2023 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 2023 Hyundai IONIQ 5

Listing updated: Jul 27, 2026

Listed by a franchise dealer in Grand Rapids, MI · On lot for 38 days · VIN verifiable at NHTSA

This used 2023 Hyundai IONIQ 5 SE is listed at $27,764 by fox motors southeast michigan in Grand Rapids, MI 49512. It has 18,377 miles on the odometer. The exterior color is Gray. It features a 4WD drivetrain and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as Fair Price — priced at market value. Based on 13 similar vehicles in the Grand Rapids market, the estimated market range is $27,500 to $27,814.

This vehicle has been on the lot for 38 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 Grand Rapids, MI 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 2023 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:

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 a franchise dealer in Grand Rapids, MI, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN KM8KMDAF4PU162428 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 processed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2023 Hyundai IONIQ 5 Market in MI

Comparable Vehicles

20

Average Price

$37,265

Price Range

$18,995–$50,733

Avg Days on Lot

249

Based on 20 comparable 2021-2025 Hyundai IONIQ 5 listings in MI, the average asking price is $37,265. This listing at $27,764 is $9,501 below average (25% below market). Comparable prices in MI range from $18,995 to $50,733. Similar vehicles spend an average of 249 days on dealer lots in this market.

Similar Hyundai IONIQ 5 Listings in MI

8 comparable vehicles within ±2 model years and ±30,000 miles (subject trim: SE — compare trims below)