Used 2023 Hyundai Kona for Sale nearWaterloo, ON

How much does the 2023 Hyundai Kona cost?

Prices have softened 11.44% compared to this time last year, making it a favourable time to shop this model year.

There are 575 listings available, which suggests you should have a reasonable amount of inventory to compare.

Is the 2023 Hyundai Kona a good car?

Yes — the 2023 Hyundai Kona earns a 5/5 user rating, which points to strong owner satisfaction. It stands out as a refreshed first-generation model with updated styling, a larger infotainment touchscreen, standard wireless Apple CarPlay and Android Auto, and adaptive cruise control that can bring the vehicle to a complete stop. If you want a subcompact SUV with personality, available turbocharged performance, and a strong equipment list for the money, this Kona fits that brief well. The market also shows 30.3% of listings as good or great deals, which gives you some room to shop selectively.

Is the 2023 Hyundai Kona reliable?

Owners rate it 5/5, a strong signal of long-term satisfaction.

The 2023 Kona’s refreshed setup and strong equipment list suggest a well-rounded ownership experience, especially if you value modern tech and a distinctive driving character. For used buyers, the main long-term risk is whether the compact cabin and limited cargo space will still suit your needs over time.

Is now a good time to buy a used 2023 Hyundai Kona?

This looks like a moderate, selective buyer’s market, so you can shop patiently and still find worthwhile listings.

• Deal availability: 30.3% of listings are priced as good or great deals.
• Inventory: There are 575 listings available.
• Price trend: Prices have softened 11.44% compared with last year.

If you find a listing below $23,187 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Hyundai Kona's resale value?

The current average of $23,187 CAD sits slightly below last year's $26,182 CAD.

That softer pricing can help you buy more confidently now, but it also means future sellers may face a more competitive resale environment if prices continue to normalise. The Kona’s distinctive styling and strong equipment list should help it stay appealing to used shoppers. Its broad appeal is strongest when buyers want a compact SUV with personality rather than maximum space.

Vehicles with strong owner satisfaction ratings, like this model year's 5/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2023 Hyundai Kona or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 30.3% of listings are priced as good or great deals.
• Price trend: Prices have softened 11.44% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2022 if:

• At $21,015 CAD, the 2022 costs less than the current year's $23,187 CAD average.
• It adds a refreshed look and more performance.

Consider the 2024 if:

• At $27,181 CAD, the 2024 costs more than the current year's $23,187 CAD average.
• It brings a new generation with updated tech and safety.

The bottom line: The 2023 is the best all-around pick if you want a refreshed Kona with strong value and plenty of listings to compare. If your priority is spending less, the 2022 is the smarter budget path; if you want the newest design and technology, the 2024 is the upgrade to consider.

How does the 2023 Hyundai Kona compare to the 2023 Honda HR-V?

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from October 27, 2026, CarGurus experts' opinions, and generative AI.