2023 Hyundai IONIQ 5 SEL
View this vehicle at suburban hyundai →Vehicle Details
SEL
Troy, MI 48084
Is this 2023 Hyundai IONIQ 5 SEL a good deal?
OAV verdict: Fair Price
Why: Listed at $27,613, comparable market range $20,298–$33,304, based on 52 comparable listings.
Market context (not a verdict input): Listed 9 days.
Market price position
$27,613 · within market range
- Comparable range
- $20,298 – $33,304
- vs. market
- $7,315 above low · $5,691 below high
- Comparable vehicles
- 52
Market Retail Price (MRP™)
$26,801This vehicle $27,613 · $812 (3%) 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™)
$26,785This vehicle $27,613 · $828 (3%) above TRV
TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-09-26) — an estimate, not an appraisal. How TRV works.
Comparable vehicles nationally recently sold in an estimated 12–41 days.
What does Demand-Verified mean?
Suburban Hyundai
Troy, MI
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OAV will route your inquiry to Suburban Hyundai for current availability of this 2023 Hyundai IONIQ 5 SEL 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: Sep 26, 2026Listed by a franchise dealer in Troy, MI · On lot for 9 days · VIN verifiable at NHTSA
This used 2023 Hyundai IONIQ 5 SEL is listed at $27,613 by suburban hyundai in Troy, MI 48084. It has 29,097 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is White. It features a 4WD drivetrain and Automatic transmission.
OAV's independent, evidence-backed Price-to-Market analysis rates this vehicle as Fair Price — priced in line with the supported comparable range. Based on 52 comparable listings matched to this vehicle, the estimated market range is $20,298 to $33,304. These comparisons match year, make, and model, using trim where the data supports it. OAV does not adjust comparable prices for mileage — every price shown is the real advertised price. On used vehicles, mileage can still cause OAV to withhold a verdict — very high or unreliable mileage, or a lower price better explained by higher-than-typical mileage than by a genuine market discount — rather than call it a deal it can't support.
This vehicle has been on the lot for 9 days.
Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477). Verdict methodology ptm-verdict-v1 · snapshot Sep 26, 2026. The comparable band (patent pending) is the input; ptm-verdict-v1 is the versioned OAV rule set that turns it into this verdict.
Market context
This listing is part of OAV's broader Troy, MI electric market analysis. OAV rates each vehicle against its comparable range and comparable count — local-first, widening the comparison set only when local inventory is too thin to support a reliable range; days-on-lot and demand signals are shown separately, not as verdict inputs.
How this deal is rated
OAV compares this 2023 Hyundai IONIQ 5 against similar vehicles currently available for sale — same make, model, and year range, using trim where the data supports it. OAV does not adjust comparable prices for mileage; on used vehicles it withholds a verdict when mileage would distort the comparison — very high or unreliable mileage, or a lower price better explained by higher-than-typical mileage than by a genuine market discount — rather than overstate a deal. Based on where this listing falls in that comparable set, it is rated:
- Great Deal — priced below the comparable-range floor by at least OAV's minimum-gap margin; a smaller gap under the floor is Fair Price.
- Fair Price — priced within the comparable range, or below the floor by less than that margin.
- Overpriced — priced above the comparable range.
- Unscored — OAV withholds a verdict when the evidence cannot support one: too few or too widely spread comparables, a price it cannot validate, a branded or salvage title, or mileage that would distort the comparison. The listing stays visible; only the rating is withheld.
Listings show OAV's Price-to-Market verdict and live market context for every dealer's inventory, whether or not the dealer has any relationship with OAV. A dealer that claims its listings can manage its profile and have buyer inquiries routed to it directly. A paying partner's own listings additionally carry an OAV Verified Partner label on the dealer contact block and a link to the dealer's own listing page. That is the complete list of what a relationship with OAV changes, and all of it concerns the dealer's identity on its own listings. Payment never changes a vehicle's verdict, its eligibility to be scored or cited, the evidence shown or withheld, or where and how prominently the listing appears on any OAV page, board, or answer. There is no paid placement, ranking, ordering, verdict badge, or featured position of any kind. OAV sells dealers insight into the evidence, never influence over it.
How this listing is verified
This vehicle listing was aggregated from a franchise dealer in Troy, MI, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN KM8KNDAF7PU210369 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 vehicle market standardization technology (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.
2023 Hyundai IONIQ 5 Market in MI
MI Market Listings
16
Average Price
$32,178
Price Range
$22,915–$40,309
Avg Days on Lot
90
Based on all 16 2021-2025 Hyundai IONIQ 5 listings in the MI market, the average asking price is $32,178. This listing at $27,613 is $4,565 below the broader MI average (14% below the MI average). This is a wider, all-trim comparison across MI; OAV's price verdict above uses the closer comparable set. Comparable prices in MI range from $22,915 to $40,309. Similar vehicles spend an average of 90 days on dealer lots in this market.
Similar Hyundai IONIQ 5 Listings in MI
8 similar listings shown (closest matches by model year and mileage) (subject trim: SEL — compare trims below)
This is a broad, statewide same-model set (any trim, mileage, or title) — not the qualified comparable cohort behind the verdict above; lower prices here typically reflect a different trim, higher mileage, or a branded title.
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