Used 2023 Hyundai Sonata for Sale nearNorth York, ON

How much does the 2023 Hyundai Sonata cost?

Prices have softened 13.33% compared to this time last year, making it a favourable time to shop this model year.

There are 115 listings available, which suggests you should have a reasonable amount of inventory to compare.

Is the 2023 Hyundai Sonata a good car?

Yes — the 2023 Hyundai Sonata earns a 5/5 user rating, and it backs that up with a strong mix of style, equipment, and value. It sits in the eighth generation with distinctive fastback styling, a roomy back seat and trunk, and a long list of standard tech and safety features, including adaptive cruise control, lane keep assist, blind spot monitoring, rear seat reminders, driver-attention warnings, and automatic emergency braking with pedestrian detection. It is best suited to you if you want a comfortable, well-equipped midsize sedan rather than a sporty one, and the market shows 23.5% of listings are priced as good or great deals.

Is the 2023 Hyundai Sonata reliable?

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

The 2023 Sonata is described as having a generally good reputation for safety and reliability in this generation, and its straightforward front-wheel-drive layout may appeal if you want a simpler ownership experience. For used buyers, the main long-term risk is making sure the specific car has been maintained properly and that its equipment and safety systems are working as intended.

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

This looks like a moderate, selective buyer’s market, so you can shop carefully without feeling rushed.

• Deal availability: 23.5% of listings are priced as good or great deals.
• Inventory: There are 115 listings available.
• Price trend: Prices have softened 13.33% compared with last year.

If you find a listing below $24,024 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Hyundai Sonata's resale value?

The current average of $24,037 CAD sits slightly below last year's $27,733 CAD.

That price movement suggests the Sonata has become more affordable for buyers, which can make it easier for you to attract interest if you sell later. At the same time, softer current pricing can limit how much upside you may see in the near term. If the market stays value-focused, a well-kept Sonata should remain competitive with shoppers looking for a feature-rich midsize sedan.

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 Sonata 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:

• 23.5% of listings are priced as good or great deals.
• Price trend: Prices have softened 13.33% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2022 if:

• At $22,243 CAD, the 2022 costs less than the current year's $24,037 CAD average.
• It offers tremendous value and a surprisingly sporty N Line variant.

The bottom line: Choose the 2023 if you want the stronger current-market balance of price, inventory, and satisfaction. If your priority is spending less upfront, the 2022 is the better value-focused alternative, especially if you like the Sonata’s distinctive character and can live with the older model year.

These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.