Depreciation & used values · Crossover (EV)

Hyundai Ioniq 5 depreciation

The Hyundai Ioniq 5 loses about 48% 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 £20,300 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.

How this curve is built the level is pinned to a researched used-market price for this model (AutoTrader median, 2023 at 30k miles). The curve shape itself is a segment-level model shared with similar cars, not a per-model measurement, so treat the year-on-year pattern as indicative and the anchored year as the firm point.

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 yearAgeTypical milesEst. valueLikely rangeOf new price
2026<1 yr6,000£43,350£38,350£48,35095%
20251 yr12,000£27,350£24,100£30,60063%
20242 yrs24,000£23,500£20,600£26,40057%
20233 yrs36,000£20,300£17,700£22,85051%
20224 yrs48,500£17,450£15,200£19,75047%
20215 yrs60,500£15,100£13,050£17,10041%

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

HoldFair value — depreciation is moderating

  • Loses about 9% a year around 3 years old
  • UK numbers growing (+508.5% year on year)
  • Reliability 86/100

Ioniq 5 depreciation — quick answers

How much does a Hyundai Ioniq 5 depreciate?

The Hyundai Ioniq 5 loses about 48% of its value in the first three years. A 2023 example with around 36,000 miles is worth about £20,300 today.

What is a 2023 Hyundai Ioniq 5 worth?

A 2023 Hyundai Ioniq 5 at a typical 36,000 miles is worth about £20,300 — likely between £17,700 and £22,850 depending on condition and history.

When is the best time to buy or sell a Hyundai Ioniq 5?

Fair value — depreciation is moderating. It loses about 9.1% a year around 3 years old.

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