Used 2023 Hyundai Sonata for Sale near Ontario

How much does the 2023 Hyundai Sonata cost?

Prices have softened 12.53% compared to this time last year, making it a favourable time to shop this model year.

There are 115 listings available, which suggests a modest amount of inventory for you 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 leans into a distinctive fastback design, a roomy back seat and trunk, and a long list of standard tech and safety features, so it suits you well if you want a comfortable, well-equipped midsize sedan rather than a sporty one. It also offers gas and hybrid versions in Canada, with the hybrid delivering the best efficiency and the gas models covering a broader range of everyday needs. With 22.6% of listings marked as good or great deals, there is still some market opportunity if you shop carefully.

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, which should give you added confidence if you are shopping used. For long-term ownership, that makes it a sensible pick, though you should still prioritise a well-maintained example with a clean service history.

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

This looks like a moderate, selective buyer’s market, so you can be choosy without expecting deep discounts on every listing.

• Deal availability: 22.6% of listings are priced as good or great deals.
• Inventory: There are 115 listings available.
• Price trend: Prices have softened 12.53% compared with last year.

If you find a listing below $24,023 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 $24,259 CAD sits slightly below last year's $27,734 CAD.

That price movement suggests the Sonata has become more affordable for you as a buyer, but it also means a future seller may need to price more competitively to stand out. If you buy at the current average, there is less room for resale upside than there was a year ago. Even so, the model’s strong equipment list and broad appeal should help it remain easy to market when it is time to sell.

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:

• 22.6% of listings are priced as good or great deals.
• Price trend: Prices have softened 12.53% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2022 if:

• At $22,310 CAD, the 2022 costs less than the current year's $24,259 CAD average.
• It offers strong value and a well-finished feel.

The bottom line: Choose the 2023 if you want the stronger current-market balance of price, inventory, and owner satisfaction. If your priority is spending less upfront, the 2022 is the better value-focused alternative, especially if you find a clean example with the right equipment.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.