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

2024 Hyundai IONIQ 5 SEL

2024 Hyundai IONIQ 5View this vehicle at meriden hyundai →

Vehicle Details

VINKM8KNDDF7RU278041
TrimSEL
Exterior ColorGray
Drivetrain4WD
TransmissionAutomatic
Fuel TypeElectric
Inventory Typeused
Days on Lot49

SEL

Fair Price
$29,49011,275 mi

Meriden, CT 06450

Is this 2024 Hyundai IONIQ 5 SEL a good deal?

OAV verdict: Fair Price

Why: Listed at $29,490, comparable market range $29,598–$30,493, based on 12 comparable listings.

Market context (not a verdict input): Listed 49 days.

Market price position

$29,490 · near the low end of the range

Comparable range
$29,598 – $30,493
vs. market low
near the low end of the range
Comparable vehicles
12

Market Retail Price (MRP™)

$30,046

This vehicle $29,490 · $556 (2%) below 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™)

$27,455

This vehicle $29,490 · $2,035 (7%) above TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-09-25) — an estimate, not an appraisal. How TRV works.

Fast-selling model · older listing

Comparable vehicles nationally have sold faster than the market baseline, but this listing has been available longer than the cohort’s typical sell-time (about 14–46 days).

What does Demand-Verified mean?

Local Market Range

Comparable listings in this vehicle's local market, rebuilt from the market snapshot shown above.

Local Range$29,598 – $30,493

Meriden Hyundai

Meriden, CT

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About This 2024 Hyundai IONIQ 5

Listing updated: Sep 25, 2026

Listed by a franchise dealer in Meriden, CT · On lot for 49 days · VIN verifiable at NHTSA

This used 2024 Hyundai IONIQ 5 SEL is listed at $29,490 by meriden hyundai in Meriden, CT 06450. It has 11,275 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is Gray. 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 12 comparable listings matched to this vehicle, the estimated market range is $29,598 to $30,493. The local comparable range around Meriden, CT is $29,598 to $30,493; the local cohort is drawn around this dealer's market and can include listings across a state line. 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 49 days.

Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477). Verdict methodology ptm-verdict-v1 · snapshot Sep 25, 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 Meriden, CT 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 2024 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 Meriden, CT, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN KM8KNDDF7RU278041 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.

2024 Hyundai IONIQ 5 Market in CT

CT Market Listings

45

Average Price

$29,331

Price Range

$23,878–$42,430

Avg Days on Lot

68

Based on all 45 2022-2026 Hyundai IONIQ 5 listings in the CT market, the average asking price is $29,331. This listing at $29,490 is $159 above the broader CT average (1% above the CT average). This is a wider, all-trim comparison across CT; OAV's price verdict above uses the closer comparable set. Comparable prices in CT range from $23,878 to $42,430. Similar vehicles spend an average of 68 days on dealer lots in this market.

Similar Hyundai IONIQ 5 Listings in CT

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.