Negotiating leverage
39
moderate leverage / 100
~50 days of national supply and listings typically ~2% above fair price — moderate negotiating leverage.
Ridekick price intelligence
2024 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
$27,245
Inside the middle half of current listings.
Price intelligence
A map of today's market
Fair price is in the typical market range
$20,000$38,199
- Typical market range
- $26,054–$31,117
- Ridekick fair price
- $27,245
- Original MSRP range
- $49,350–$59,400
Middle 50% of active listings
Mileage-adjusted estimate
4 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
50
days of supply
Balanced market
Supply and demand are roughly balanced for the 2024 Hyundai Ioniq 5.
Estimated dealer cost (invoice)
$45,402–$47,376
Estimated dealer invoice — about $49,350 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 | $25,087 | $49,350 | $45,402–$47,376 |
| SEL | $26,431 | $50,750 | $46,690–$48,720 |
| Limited | $32,190 | $57,400 | $52,808–$55,104 |
| Disney100 Platinum | $35,164 | $59,400 | $54,648–$57,024 |
Trim comparison
How each trim is priced
Estimated dealer cost Original MSRP Fair price
Trim
$22,342$42,244$62,145
Fair priceSE
$25,087
SE: fair price $25,087, original MSRP $49,350, estimated dealer cost $45,402 to $47,376.
SEL
$26,431
SEL: fair price $26,431, original MSRP $50,750, estimated dealer cost $46,690 to $48,720.
Limited
$32,190
Limited: fair price $32,190, original MSRP $57,400, estimated dealer cost $52,808 to $55,104.
Disney100 Platinum
$35,164
Disney100 Platinum: fair price $35,164, original MSRP $59,400, estimated dealer cost $54,648 to $57,024.
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 2024 Hyundai Ioniq 5 runs about $27,655 in MT to $30,183 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 | $1,982 | $110+ | $29,436 |
| TX | $1,709 | $332 | $29,385 |
| FL | $1,641 | $1,074+ | $30,059 |
| NY | $1,094 | $371 | $28,809 |
| PA | $1,641 | $587 | $29,572 |
| IL | $1,709 | $683 | $29,736 |
| OH | $1,572 | $444 | $29,360 |
| GA | $1,914 | $637 | $29,895 |
| NC | $820 | $793 | $28,957 |
| WA | $1,777 | $215+ | $29,336 |
| OR | $0 | $525 | $27,869 |
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 2024 Hyundai Ioniq 5.
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
ELECTRICAL SYSTEM:PROPULSION SYSTEM:TRACTION BATTERY
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.
Remedy: Owners are advised to park outside and away from structures and limit their charge to a maximum of 80% until the recall repair is complete. Dealers will replace the high voltage battery system assembly, free of charge. Owner notification letters are expected to be mailed August 31, 2026. Owners may contact Hyundai's customer service at 855-371-9460. Hyundai's number for this recall is 305. Vehicle Identification Numbers (VINs) involved in this recall became searchable on NHTSA.gov on July 3, 2026.
Campaign 26V432000 · 02/07/2026
Source: NHTSA. Contact your dealer to schedule a free recall repair.
Questions buyers ask
What is a fair price for a 2024 Hyundai Ioniq 5?
A fair, mileage-adjusted price is about $27,245, within a typical market range of $26,054 to $31,117.
Is the 2024 Hyundai Ioniq 5 cheaper than MSRP?
Yes — its original MSRP was about $49,350, so a fair used price is roughly $22,105 below MSRP.
What is the out-the-door price of a 2024 Hyundai Ioniq 5?
Out-the-door (price plus state tax, title, registration, and a typical doc fee) runs about $27,655 in MT to $30,183 in NJ, depending on your state. Local taxes can add more.
Is now a good time to buy a 2024 Hyundai Ioniq 5?
There are about 50 days of national market supply for the 2024 Hyundai Ioniq 5 — Supply and demand are roughly balanced for the 2024 Hyundai Ioniq 5.
How much can you negotiate on a 2024 Hyundai Ioniq 5?
Negotiating leverage rates 39/100 (moderate). ~50 days of national supply and listings typically ~2% above fair price — moderate negotiating leverage.
What does the dealer pay for a 2024 Hyundai Ioniq 5?
The estimated dealer cost (invoice) is roughly $45,402–$47,376 — its $49,350 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.