2023 Hyundai IONIQ 5 Reviews, Pricing & Specs

Vehicle Photo thumbnail

$41,450 to $56,500

Overview

Now entering its second model year, the Hyundai Ioniq 5 gets a range boost for its AWD models for 2023.

The 2023 Hyundai Ioniq 5 is an all-electric crossover with a striking design and a versatile cabin. The Ioniq 5 was introduced in 2022 as an all-new model, and it carries over into 2023 with minimal changes. The electric range for all-wheel-drive (AWD) models gets a boost from 256 miles to 266 miles. The Ioniq 5 provides up to 59.3 cubic feet of cargo space. With the rear seats in use, the Ioniq 5 provides 27.2 cubic feet of cargo space.

Trims for the Hyundai Ioniq 5 are SE, SEL, and Limited. Standard features on the SE trim include 19-inch alloy wheels, cloth upholstery, LED head- and tail-lights, an eight-way power-adjustable driver’s seat, heated front seats, dual-zone automatic climate control, a leather-wrapped steering wheel, and push-button start. The SE also comes with a fully digital instrument panel, as well as a 12.3-inch touchscreen infotainment system with Apple CarPlay and Android Auto.

Moving up to the SEL adds wireless device charging, a heated steering wheel, synthetic leather upholstery, and a hands-free power liftgate. The range-topping Limited trim adds a panoramic sunroof, heated and ventilated front seats, a power-adjustable front passenger seat, and a Bose premium stereo system.

The Ioniq 5’s battery pairs to either a single motor at the rear wheels or to dual motors in the available AWD configuration. The SE Standard Range’s single motor makes 168 horsepower and can travel up to 220 miles. The non-Standard Range models make 228 horsepower and have a range of 303 miles. Dual-motor AWD models put out a combined 320 horsepower and can travel up to 266 miles.

Using a 240V Level 2 charger, the Ioniq 5 can be charged in 6 hours and 45 minutes. It also has DC fast charging, allowing the battery to be charged from 10% to 80% in 18 to 25 minutes. This fast-charging time depends on the power output of the charging station.

The Ioniq 5 comes equipped with a host of standard driver-assistance features, including automatic emergency braking, forward-collision avoidance, lane-departure warning, pedestrian detection, adaptive cruise control, traffic-sign recognition, rear parking sensors, driver drowsiness monitoring, blind-spot monitoring, and rear cross-traffic alert. Available safety tech includes a 360-degree parking monitor, parking assist, front parking sensors, and a head-up display.

Base MSRP for the 2023 Hyundai Ioniq 5 is $41,450 for a Standard Range SE model. The SE trim with the upgraded range starts at $45,500. The SEL starts at $47,450 and the Limited starts at $52,600. The SE AWD model starts at $49,000. The AWD SEL starts at $50,950 and the range-topping AWD Limited starts at $56,500. The Hyundai Ioniq 5 is backed by a 10-year/100,000-mile warranty for the battery and electric components.

George Kennedy
by George Kennedy

Published November 14, 2022

What owners say

AI Summary · 11 reviews

"Overall, owners of the 2023 Hyundai Ioniq 5 are really impressed with its beautiful design, roomy interior, and impressive range of over 300 miles. They appreciate the smooth and quiet ride along with the advanced technology features. However, some drivers wish for more comfort in the seats and find that the price might be a bit high considering the minimalist interior. A few also mentioned challenges with getting in and out of the car, particularly for those with back issues."

4.7
11 reviews
5
4
3
2
1

Excellent value, heated and cooled front seats and heated steering wheel. Great safety features.

February 9, 2024

This car feels like you are driving on a cloud. Extremely smooth and comfortable! The inside space is a plus - I have 2 car seats in the back seat and no one is squished. The technology on the dash is next level and very user friendly. Love love love this car!

October 6, 2023

Beautiful styling, roomy interior and 300 plus miles fully charged

May 11, 2023

Trims & specs

SE AWD specifications

Base MSRP

$49,000

Seating

5

Engine

N/A

Cargo Capacity

27.2 cu ft

Combined MPG

N/A

Drivetrain

N/A

SEL AWD specifications

Base MSRP

$50,950

Seating

5

Engine

N/A

Cargo Capacity

27.2 cu ft

Combined MPG

N/A

Drivetrain

N/A

SE RWD specifications

Base MSRP

$45,500

Seating

5

Engine

N/A

Cargo Capacity

27.2 cu ft

Combined MPG

N/A

Drivetrain

N/A

SE Standard Range RWD specifications

Base MSRP

$41,450

Seating

5

Engine

N/A

Cargo Capacity

27.2 cu ft

Combined MPG

N/A

Drivetrain

N/A

Limited RWD specifications

Base MSRP

$52,600

Seating

5

Engine

N/A

Cargo Capacity

27.2 cu ft

Combined MPG

N/A

Drivetrain

N/A

Limited AWD specifications

Base MSRP

$56,500

Seating

5

Engine

N/A

Cargo Capacity

27.2 cu ft

Combined MPG

N/A

Drivetrain

N/A

SEL RWD specifications

Base MSRP

$47,450

Seating

5

Engine

N/A

Cargo Capacity

27.2 cu ft

Combined MPG

N/A

Drivetrain

N/A

Pricing trends

MSRP range

$41,450 - $56,500

Current avg. market price

$27,454

Trending down by 0.4% this month

April 2026 - October 2026

See full price trends

$41,450 to $56,500