Depreciation & used values · Crossover (EV)
Hyundai Ioniq 5 depreciation
The Hyundai Ioniq 5 loses about 50% of its value in its first three years. From a list price of £45,500, a 2023 example with around 36,000 miles on the clock is worth about £20,250 today. The year-by-year table below values every age of Ioniq 5 at its typical mileage, from the same model behind its full profile.
Value by registration year
What a used Ioniq 5 is worth, year by year
Each row values that year's Ioniq 5 at its typical mileage (12,082 miles a year). The headline is the midpoint of a private sale and a dealer forecourt price; the range reflects condition and history.
| Reg year | Age | Typical miles | Est. value | Likely range | Of new price |
|---|---|---|---|---|---|
| 2026 | <1 yr | 6,000 | £43,350 | £39,650–£47,050 | 95% |
| 2025 | 1 yr | 12,000 | £32,450 | £29,550–£35,300 | 75% |
| 2024 | 2 yrs | 24,000 | £25,600 | £23,250–£28,000 | 62% |
| 2023 | 3 yrs | 36,000 | £20,250 | £18,300–£22,250 | 51% |
| 2022 | 4 yrs | 48,500 | £16,150 | £14,500–£17,750 | 43% |
| 2021 | 5 yrs | 60,500 | £13,050 | £11,700–£14,450 | 36% |
Values are the Forecourt model's estimate at each age's typical mileage, not offers. For a specific mileage, trim and region, use the full Ioniq 5 profile →
The depreciation curve
Share of original value retained by age (to 5 years). The same curve drives the interactive chart on the profile.
Best time to buy or sell
Wait — Still shedding value quickly — buying older saves the most
- Loses about 16% a year around 3 years old
- UK numbers growing (+10.2% year on year)
- Reliability 87/100
Ioniq 5 depreciation — quick answers
How much does a Hyundai Ioniq 5 depreciate?
The Hyundai Ioniq 5 loses about 50% of its value in the first three years. A 2023 example with around 36,000 miles is worth about £20,250 today.
What is a 2023 Hyundai Ioniq 5 worth?
A 2023 Hyundai Ioniq 5 at a typical 36,000 miles is worth about £20,250 — likely between £18,300 and £22,250 depending on condition and history.
When is the best time to buy or sell a Hyundai Ioniq 5?
Still shedding value quickly — buying older saves the most. It loses about 16% a year around 3 years old.