Source: EPA FuelEconomy.gov & manufacturer data. Figures reflect base trim; actual specs vary by trim level.
About the 2023 Hyundai IONIQ 5
Our scoring places the 2023 Hyundai IONIQ 5 at 8.3/10 overall, which translates to a Recommended rating for this ev. Its strongest dimension is Safety at 8.9/10, while Performance at 7.5/10 is where it trails the competition most noticeably. It's a solid all-rounder that delivers across most dimensions without obvious deal-breakers.
Reliability and safety are the two dimensions that matter most for long-term ownership costs. We score reliability at 8.0/10 — better than most direct rivals, if short of the segment's best. The 8.9/10 safety score puts it near the top of the class on this dimension; the official trim-level results at nhtsa.gov are worth a final check.
Performance scores 7.5/10 — competent for everyday use. Acceleration and handling are adequate for commuting and highway driving, though enthusiasts will want to look at higher-rated alternatives. The cabin tech earns 8.9/10 — infotainment, smartphone integration, and driver-assistance are all close to the best this class offers.
Priced from $43,392–$55,221, 114 MPG, seating 5, the Hyundai IONIQ 5 sits in the mid-market bracket of the ev segment. Value is where it presses its advantage — 8.3/10, meaning the feature set and quality outrun the asking price. At 3 years old, it's worth checking whether a newer generation or refresh has addressed any weaker dimensions — compare it to the current model year before buying.
Our take: The 2023 Hyundai IONIQ 5 is a solid, well-rounded ev that covers the essentials without obvious deal-breakers. For most buyers in this segment, it's a safe, dependable choice.
Carivo scores are our own editorial assessment, informed by NHTSA safety and recall records, EPA fuel-economy figures, and manufacturer-published specifications. Scores are reviewed periodically and updated when new data becomes available. See our full methodology →
How It Ranks Among EVs
The 2023 Hyundai IONIQ 5 ranks #18 of 268 evs in the Carivo database — better than 94% of the segment. Its 8.3/10 overall score is 0.7 points above the segment average of 7.6/10. Its $43,392 starting price undercuts the segment's median of $52,750 by about 18%.
$0 — 4 campaigns on record; recall work is always free at franchised dealers
Insurance
Varies widely by driver and state — always quote the exact trim before buying
We only print costs we can compute from sourced data (EPA fuel economy, NHTSA recalls). We don't estimate maintenance or depreciation — anyone who gives you one number for those is guessing.
Which IONIQ 5 Year Should You Buy?
Across the IONIQ 5 model years we've scored, the 2023 holds its position — we didn't find an older year that delivers similar scores for meaningfully less money.
Above-average reliability record with solid owner satisfaction data
Top-tier safety scores across crash tests and driver-assistance tech
Good overall value; holds its own against pricier alternatives in the segment
Competent performance that satisfies most everyday driving demands
Best-in-class infotainment, driver assistance, and connectivity features
✗ Where it falls short
Few standout weaknesses — review individual sub-scores for nuance
Some competing models offer a higher overall score at a similar price
NHTSA Recalls — 2023 Hyundai IONIQ 5 (4 on record)
The following recall campaigns have been filed with NHTSA for this model and year. Recall repairs are performed free of charge by franchised dealers; check your specific vehicle with our free VIN recall checker.
Power train / Driveline / Driveshaft 01/02/2024 · 24V065000
Hyundai Motor America (Hyundai) is recalling certain 2023 IONIQ 5, IONIQ 6, and Genesis GV60 vehicles. The rear inner driveshaft may have been improperly heat-treated, allowing it to break under load and resulting in a loss of drive power.
Electrical system / 12v/24v/48v battery 15/03/2024 · 24V204000
Hyundai Motor America (Hyundai) is recalling certain 2022-2024 IONIQ 5, 2023-2024 IONIQ 6, Genesis GV60, Genesis GV70 "Electrified," and Genesis G80 "Electrified" vehicles. The Integrated Charging Control Unit (ICCU) may become damaged and stop charging…
Electrical system / 12v/24v/48v battery 18/11/2024 · 24V868000
Hyundai Motor America (Hyundai) is recalling certain 2022-2024 IONIQ 5, 2023-2025 IONIQ 6, Genesis GV60, Genesis GV70 "Electrified," and Genesis G80 "Electrified" vehicles. The Integrated Charging Control Unit (ICCU) may become damaged and stop charging…
Electrical system / Propulsion system / Traction battery 02/07/2026 · 26V432000
Hyundai Motor America (Hyundai) is recalling certain 2023-2024 Ioniq 5 vehicles. The high voltage battery cells may contain misaligned electrodes, which can lead to a fire while parked or driving.
Source: NHTSA recall database, fetched at page build time.
Own a 2023 Hyundai IONIQ 5 that's been repaired repeatedly for the same problem? It may qualify under your state's lemon law — run the free lemon law check →
Common Questions — 2023 Hyundai IONIQ 5
Is the 2023 Hyundai IONIQ 5 reliable?
We rate the 2023 Hyundai IONIQ 5's reliability 8.0/10 — one of the stronger records in its class. It has 4 NHTSA recall campaigns on record for this model year (details in the recalls section above — repairs are free at dealers).
How many recalls does the 2023 Hyundai IONIQ 5 have?
4 NHTSA recall campaigns matched this model and year as of our latest check. Verify your specific vehicle by VIN at nhtsa.gov/recalls.
Is the 2023 Hyundai IONIQ 5 worth buying?
It scores 8.3/10 overall, ranking #18 of 268 evs in our database (better than 94% of the segment). A solid choice for most buyers — compare it against the segment leaders before deciding.
How much does the 2023 Hyundai IONIQ 5 cost?
The 2023 Hyundai IONIQ 5 starts at $43,392 and ranges up to $55,221 across trims (MSRP when new). At 114 MPG, expect roughly $461/year in fuel at 15,000 miles/year.
Which IONIQ 5 years should you avoid?
No standout weak years: across the 5 IONIQ 5 model years we've scored, every year lands within half a point of the best (8.4/10). Pick on price and condition rather than year.
What problems does the 2023 Hyundai IONIQ 5 have?
The documented issues for the 2023 Hyundai IONIQ 5 are its NHTSA recall campaigns, which involve: Power train, Electrical system (details in the recalls section above; repairs are free at dealers). For wear-and-tear patterns beyond recalls, owner forums are the best source — we only report what federal data documents.
Owner Essentials — Hyundai IONIQ 5
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