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

OAV rates this as a Great Deal because the asking price of $26,988 is below the typical market range for this vehicle.

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

Based on 106 comparable listings in UT, the average asking price for a 2021-2025 Hyundai IONIQ 5 is $30,468, 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 23 days on dealer lots.

Where is this 2023 Hyundai IONIQ 5 located?

This vehicle is listed in Salt Lake City, UT 84116. VIN: KM8KRDAF8PU184935. Mileage: 41,395 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 $29,759 to $31,874, based on 11 comparable vehicles.

Vehicle Details

VINKM8KRDAF8PU184935

TrimLimited

Exterior ColorSilver

Drivetrain4WD

TransmissionAutomatic

Fuel TypeElectric

Inventory Typeused

Days on Lot62

2023 Hyundai IONIQ 5

Limited

Great Deal

$26,98841,395 miles

Salt Lake City, UT 84116

Market price position

Lowest comparable ($)

29,759

Highest comparable ($)

31,874

This vehicle's price ($)

26,988

$26,988 · $2,771 below market low

$29,759comparable$31,874

Regional range: $29,759 – $31,874
vs. market low: — $2,771 (9% below)
Comparable vehicles: 11

Demand-Verified· Backed by recent sales data

Faster-than-average sell-through

Similar vehicles recently sold in an estimated 12–37 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.

Regional Range$29,759 – $31,874

Dealer Info

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Salt Lake City, UT

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About This 2023 Hyundai IONIQ 5

Listing updated: May 14, 2026

Listed by an independent dealer in Salt Lake City, UT · On lot for 62 days · VIN verifiable at NHTSA

This used 2023 Hyundai IONIQ 5 Limited is listed at $26,988 by an independent dealer in Salt Lake City, UT 84116. It has 41,395 miles on the odometer. The exterior color is Silver. It features a 4WD drivetrain and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as a Great Deal — priced below market value. Based on 11 similar vehicles in the Salt Lake City market, the estimated market range is $29,759 to $31,874.

This vehicle has been on the lot for 62 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 KM8KRDAF8PU184935 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

106

Average Price

$30,468

Price Range

$15,995–$49,287

Avg Days on Lot

Based on 106 comparable 2021-2025 Hyundai IONIQ 5 listings in UT, the average asking price is $30,468. This listing at $26,988 is $3,480 below average (11% below market). Comparable prices in UT range from $15,995 to $49,287. Similar vehicles spend an average of 23 days on dealer lots in this market.