Is the $26,988 price on this 2023 Hyundai IONIQ 5 a good deal?

OAV rates this as Fair Price because the asking price of $26,988 is within the typical market range for this vehicle.

What is the average price for a 2023 Hyundai IONIQ 5 in UT?

Based on 102 comparable listings in UT, the average asking price for a 2021-2025 Hyundai IONIQ 5 is $30,679, with prices ranging from $15,995 to $49,287.

How long does a 2023 Hyundai IONIQ 5 typically stay on dealer lots?

Comparable Hyundai IONIQ 5 listings in UT spend an average of 22 days on dealer lots.

Where is this 2023 Hyundai IONIQ 5 located?

This vehicle is listed in Salt Lake City, UT 84116. VIN: KM8KNDAF2PU181654. Mileage: 28,406 miles.

What is the fair market price range for this 2023 Hyundai IONIQ 5?

OAV's Price-to-Market analysis estimates the fair market range is $26,251 to $29,988, based on 15 comparable vehicles.

Vehicle Details

VINKM8KNDAF2PU181654

TrimSEL

Exterior ColorBeige

Drivetrain4WD

TransmissionAutomatic

Fuel TypeElectric

Inventory Typeused

Days on Lot14

Days on Market192

2023 Hyundai IONIQ 5

SEL

Fair Price

$26,98828,406 miles

Salt Lake City, UT 84116

Market price position

Lowest comparable ($)

26,251

Highest comparable ($)

29,988

This vehicle's price ($)

26,988

$26,988 · within market range

$26,251comparable$29,988

Regional range: $26,251 – $29,988
vs. market: $737 above low · $3,000 below high
Comparable vehicles: 15

Demand-Verified· Backed by recent sales data

Faster-than-average sell-through

Similar vehicles recently sold in an estimated 10–33 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 refresh daily.

Local Range$26,988 – $26,988

Regional Range$26,251 – $29,988

Dealer Info

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Salt Lake City, UT

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About This 2023 Hyundai IONIQ 5

Listing updated: May 12, 2026

Listed by an independent dealer in Salt Lake City, UT · On lot for 14 days · VIN verifiable at NHTSA

This used 2023 Hyundai IONIQ 5 SEL is listed at $26,988 by an independent dealer in Salt Lake City, UT 84116. It has 28,406 miles on the odometer. The exterior color is Beige. 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 15 similar vehicles in the Salt Lake City market, the estimated market range is $26,251 to $29,988. The local market range in UT is $26,988 to $26,988.

This vehicle has been on the lot for 14 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 Salt Lake City, UT suvs 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:

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.

This rating refreshes daily as inventory enters and leaves the market. The dealer on this listing has not yet activated on OAV, so the business name and contact details are anonymized here. Activated (paying) dealers appear with their verified business name and a Verified badge.

How this listing is verified

This vehicle listing was aggregated from an independent dealer in Salt Lake City, UT, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN KM8KNDAF2PU181654 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.

2023 Hyundai IONIQ 5 Market in UT

Comparable Vehicles

102

Average Price

$30,679

Price Range

$15,995–$49,287

Avg Days on Lot

Based on 102 comparable 2021-2025 Hyundai IONIQ 5 listings in UT, the average asking price is $30,679. This listing at $26,988 is $3,691 below average (12% below market). Comparable prices in UT range from $15,995 to $49,287. Similar vehicles spend an average of 22 days on dealer lots in this market.