Negotiating leverage
25
weak leverage / 100
~38 days of national supply — limited negotiating leverage.
Ridekick price intelligence
2022 Hyundai Ioniq 5 Price: Fair Market Value & MSRP
A mileage-adjusted read of comparable active listings—not a quote for a specific VIN, trim, condition, or location.
Fair market price
$22,947
Inside the middle half of current listings.
Price intelligence
A map of today's market
Fair price is in the typical market range
$14,900$31,590
- Typical market range
- $20,786–$25,128
- Ridekick fair price
- $22,947
- Original MSRP range
- $44,000–$50,600
Middle 50% of active listings
Mileage-adjusted estimate
3 sourced trims when new
Buyer context
Market pulse
Signals to help you frame a conversation—not a promise about a particular vehicle or dealer.
National supply
38
days of supply
Balanced market
Supply and demand are roughly balanced for the 2022 Hyundai Ioniq 5.
Estimated dealer cost (invoice)
$40,480–$42,240
Estimated dealer invoice — about $44,000 MSRP minus a typical 4–8% manufacturer margin.
An estimate, not a sourced figure. Actual dealer invoice varies with manufacturer incentives, holdback, and regional pricing.
Fair price by trim
| Trim | Fair price | MSRP | Est. dealer cost |
|---|---|---|---|
| SE | $21,993 | $44,000 | $40,480–$42,240 |
| SEL | $23,127 | $45,900 | $42,228–$44,064 |
| Limited | $25,991 | $50,600 | $46,552–$48,576 |
Trim comparison
How each trim is priced
Estimated dealer cost Original MSRP Fair price
Trim
$19,704$36,297$52,889
Fair priceSE
$21,993
SE: fair price $21,993, original MSRP $44,000, estimated dealer cost $40,480 to $42,240.
SEL
$23,127
SEL: fair price $23,127, original MSRP $45,900, estimated dealer cost $42,228 to $44,064.
Limited
$25,991
Limited: fair price $25,991, original MSRP $50,600, estimated dealer cost $46,552 to $48,576.
All marks use the same price scale. Dealer cost is an estimate; original MSRP and fair price are shown for context, not as a guarantee of a particular vehicle’s price.
Out-the-door price by state
Out-the-door for a 2022 Hyundai Ioniq 5 runs about $23,481 in MT to $25,732 in NJ — fair price plus state tax, title, registration, and a typical dealer doc fee.
| State | Sales/use tax | Doc + title + reg | Out-the-door |
|---|---|---|---|
| CA | $1,680 | $110+ | $24,960 |
| TX | $1,448 | $332 | $24,950 |
| FL | $1,390 | $1,074+ | $25,634 |
| NY | $927 | $371 | $24,468 |
| PA | $1,390 | $587 | $25,147 |
| IL | $1,448 | $683 | $25,301 |
| OH | $1,332 | $444 | $24,946 |
| GA | $1,622 | $637 | $25,429 |
| NC | $695 | $793 | $24,658 |
| WA | $1,506 | $215+ | $24,891 |
| OR | $0 | $525 | $23,695 |
Estimates using each state's base tax rate. Local (city/county) taxes can add 1–3% in many areas, dealer doc fees vary, and some states base registration on vehicle value or weight (shown with a "+"). Trade-in tax credits are not included.
Out-the-door price by state: California, Texas, Florida, New York, Pennsylvania, Illinois, Ohio, Georgia, North Carolina, Washington, Oregon
Safety & recalls
3 open NHTSA recalls on record for the 2022 Hyundai Ioniq 5.
PARKING BRAKE:ELECTRICAL:CONTROL MODULE:SOFTWARE
Hyundai Motor America (Hyundai) is recalling certain 2022 Ioniq 5 vehicles. A software error in the Shifter Control Unit (SCU) may disengage the parking mechanism, which can allow the vehicle to rollaway.
Remedy: Drivers are recommended to use the Electronic Parking Brake (EPB) when parking their vehicles until the remedy has been performed. Dealers will update the Shifter Control Unit software, free of charge. Owner notification letters were mailed July 14, 2022. Owners may contact Hyundai customer service at 1-855-371-9460. Hyundai's number for this recall is 228.
Campaign 22V324000 · 11/05/2022
ELECTRICAL SYSTEM:12V/24V/48V BATTERY
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 the 12-Volt battery, which can result in a loss of drive power.
Remedy: This recall is replaced by NHTSA recall number 24V-868. Vehicles already repaired under this recall will need to have the new remedy completed. Dealers will inspect and replace the ICCU and its fuse, as necessary. In addition, dealers will update the ICCU software. All repairs will be performed free of charge. Owner notification letters were mailed April 22, 2024. Owners may contact Hyundai customer service at 1-855-371-9460. Hyundai's number for this recall is 257/021G.
Campaign 24V204000 · 15/03/2024
ELECTRICAL SYSTEM:12V/24V/48V BATTERY
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 the 12-volt battery, which can result in a loss of drive power.
Remedy: Dealers will inspect and replace the ICCU and its fuse, as necessary. In addition, dealers will update the ICCU software. All repairs will be performed free of charge. Owner notification letters were mailed December 20, 2024. Owners may contact Hyundai customer service at 1-855-371-9460 or Genesis customer service at 1-844-340-9741. Hyundai's numbers for this recall are 272 (Hyundai) and 025G (Genesis). This recall expands and replaces previous recall number 24V-204. Vehicles previously repaired under recall 24V-204 will need to have the new remedy completed.
Campaign 24V868000 · 18/11/2024
Source: NHTSA. Contact your dealer to schedule a free recall repair.
Questions buyers ask
What is a fair price for a 2022 Hyundai Ioniq 5?
A fair, mileage-adjusted price is about $22,947, within a typical market range of $20,786 to $25,128.
Is the 2022 Hyundai Ioniq 5 cheaper than MSRP?
Yes — its original MSRP was about $44,000, so a fair used price is roughly $21,053 below MSRP.
What is the out-the-door price of a 2022 Hyundai Ioniq 5?
Out-the-door (price plus state tax, title, registration, and a typical doc fee) runs about $23,481 in MT to $25,732 in NJ, depending on your state. Local taxes can add more.
Is now a good time to buy a 2022 Hyundai Ioniq 5?
There are about 38 days of national market supply for the 2022 Hyundai Ioniq 5 — Supply and demand are roughly balanced for the 2022 Hyundai Ioniq 5.
How much can you negotiate on a 2022 Hyundai Ioniq 5?
Negotiating leverage rates 25/100 (weak). ~38 days of national supply — limited negotiating leverage.
What does the dealer pay for a 2022 Hyundai Ioniq 5?
The estimated dealer cost (invoice) is roughly $40,480–$42,240 — its $44,000 MSRP minus a typical 4–8% margin. An estimate; actual invoice varies.
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Prices are computed from live market listings, adjusted for mileage, and aggregated by trim · updated 8/5/2026. Estimates only; your price depends on condition, options, and location.