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2023 Hyundai Venue

Used 2023 Hyundai Venue

4.2
rating
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4.4
rating
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2023 Hyundai Venue Exterior: 0
2023 Hyundai Venue Exterior: 1
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2023 Hyundai Venue Interior: 0
Interior (20)
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2025
2023
Fuel Economy
31 combined mpg
Horsepower
121 hp
Seating
5
Cargo Volume
31.9 cu ft
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2023 Hyundai Venue Review

Eric Brandt

By Eric Brandt

Updated January 30, 2025

Eric Brandt is a Senior Editor for Cox Automotive, specializing in expert reviews for Kelley Blue Book and Autotrader. Eric helps shoppers find the right car for their needs, wants, and budget. Eric started writing for Cox Automotive as a freelancer in 2017 and entered his current role in 2022. In addition to car reviews, Eric’s work on KBB and Autotrader has included lists, comparisons, advice, Oversteer articles and videos, and even motorcycle and ATV content.

Pros

  • Low ownership costs
  • Fuel-efficient
  • Outstanding warranty

Cons

  • No all-wheel drive option

What's New?

  • More standard features
  • Wireless charging in Limited trim

The Hyundai Venue is an outstanding value in subcompact SUVs. Serving as the brand’s smallest and most affordable SUV, it offers great fuel economy with Hyundai’s excellent warranty, adding to its value proposition. It also has a proven track record of low ownership costs. The Venue is the defending champion for our Lowest 5-Year Cost to Own award for subcompact SUVs. The Hyundai Venue competes against affordable subcompact SUVs like the Kia Soul, Nissan Kicks, and Chevrolet Trailblazer.

2023 Hyundai Venue Pricing

2023 Hyundai Venue pricing starts at $16,502 for the Venue SE Sport Utility 4D, which had a starting MSRP of $20,985 when new. The range-topping 2023 Venue Limited Sport Utility 4D starts at $18,839 today, originally priced from $24,235.

Original MSRP
KBB Fair Purchase Price (national avg.)
$20,985
$16,502
$22,735
$18,139
$24,235
$18,839

The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2023 Hyundai Venue models in typical condition when purchasing from a dealership. These prices are updated weekly.

Driving the Hyundai Venue

Every Hyundai Venue is equipped with the same 4-cylinder engine. It motivates the Venue with adequate acceleration and is a good match for city driving. Getting up to highway speed requires a little patience in our experience, but once it does hit highway speed, the drive is pretty comfortable without too much wind noise.

One of the strong suits of the Venue is its maneuverability. We found it easy to drive around town and navigate in and out of tight parking spots. Its small footprint and short overhangs make it easy to discern where the car’s four corners are.

Although all-wheel drive (AWD) isn’t available, drivers in snowy climates will appreciate the Snow Mode in the SEL and Limited trims. Snow Mode makes the traction control system a bit more aggressive to maximize traction and minimize wheel slippage. It makes a difference on snowy roads and makes the Venue capable of light off-roading.

Appealing Interior

The interior of the Venue is attractive and comfortable. The seating space is roomier than you might expect for an SUV this size. Thanks to the Venue’s boxy shape, we found that the rear seats can comfortably accommodate adults. In our experience, that’s not always the case in a subcompact SUV.

A few hard plastic surfaces in the Venue are forgivable considering its sub-$20,000 starting price. The design is nice, the tech features are up-to-date, and all the controls are easy to use from the driver’s seat.

One shortcoming of the Venue is cargo space. We never expect truck-like cargo space from an SUV in this class, but it’s still pretty tight in the cargo hold, even considering the subcompact dimensions of the Venue. Naturally, you get more cargo space when you can fold down the rear seats.

2023 Subcompact SUV Roominess

Hyundai Venue cargo volume and legroom compared to other subcompact SUVs

Expressive Styling

Who says a cheap car has to be boring? Stand-out styling is one of the strengths of the Hyundai Venue. Its boxy profile turns heads and is available in fun paint colors like Denim and Green Apple. We’re especially fond of the available 2-tone roof available on the Limited trim, adding to the Venue’s personality.

Our Favorite Features and Tech

Android Auto and Apple CarPlay
These handy smartphone connectivity features come standard in the Hyundai Venue. They allow you to bring your maps, music, and more from your phone to the screen in your car. These features work wirelessly on the SE and SEL trims.

2-tone roof
The stylish 2-tone roof, available on the Limited trim, enhances the visual character of the Venue. The dark blue Denim paint has a white roof, while Ceramic White and Galactic Gray have a black roof.

Low ownership costs
The Hyundai Venue is our reigning champ for the Lowest 5-Year Cost to Own award for a subcompact SUV, based on factors like depreciation, insurance, maintenance costs, and fuel costs.

Wireless charging
The top Limited trim of the Venue now comes with a wireless charging pad. With this modern tech feature, you don’t have to fuss with cords to keep your phone charged.

Snow Mode
The Snow Mode that comes in the SEL and Limited trims make the Venue ready for snowy roads and light off-roading. It enhances the traction control system to ensure the right wheels get the right amount of torque in slippery conditions.

Hyundai SmartSense safety features
A host of Hyundai SmartSense driver assistance tech features adds safety and confidence to your drive. Standard features include automatic emergency braking, driver attention warning, lane-keep assist, a rear occupant alert, and automatic high beams. Additional available features include blind-spot monitoring, rear cross-traffic alert, and cyclist detection.

Engine & Transmission

The sole engine option in the Hyundai Venue is a humble 4-cylinder. It provides adequate power and torque while returning good fuel economy. It’s mated to a continuously variable automatic transmission (CVT), and every Venue has front-wheel drive. You’ll have to look elsewhere if you insist on an SUV with AWD, and the Hyundai Kona is a good option.

1.6-liter 4-cylinder engine
121 horsepower @ 6,300 rpm
113 lb-ft of torque @ 4,500 rpm
EPA city/highway fuel economy: 29/33 mpg

More Venue fuel economy information is available on the EPA’s website.

Excellent Warranty

The Hyundai Venue is tied with its Hyundai and Kia brethren for the best warranty in its class. It’s backed by a 5-year/60,000-mile basic warranty and a 10-year/100,000-mile powertrain warranty. This is a big part of what makes the Venue such a great value.


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New Hyundai Venue Deals and Incentives

APR

5.99% APR | 72 months

Get 5.99% Financing for up to 72 months on a new 2025 VENUE LIMITED for well qualified buyers.

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End Date: 06/02/2025
CASH

$750 Total Cash

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End Date: 06/02/2025
LEASE

$289 /mo | 36 months | Due at Signing

Closed end lease for a new 2025 VENUE LIMITED 1.6L 4-CYL AUTOMATIC TRANSMISSION FWD for $289/mo for 36 months with $3499 due at lease signing for well-qualified lessees.

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End Date: 06/02/2025
CONDITIONAL

$500 Total Cash

Get $500 Bonus towards purchase or lease First Responders Program ⁠ on a new 2025 VENUE.

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See All Current Venue Deals

2023 Hyundai Venue
KBB.com Consumer Reviews

4.4
Consumer Rating
Based on 24 Consumer Reviews
Write a Review
90%Recommend this vehicle
5
67%
5
67%
4
25%
4
25%
3
0%
3
0%
2
0%
2
0%
1
8%
1
8%
Value
4.8
Performance
4.0
Quality
4.5
Comfort
4.3
Reliability
4.6
Styling
4.4

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2023 Hyundai Venue Styles

Style
Price
Combined Fuel Economy
Horsepower
Seating
Cargo Capacity
Engine
Curb Weight
Drivetrain
SE Sport Utility 4D
$16,502
31 MPG
121 @ 6300 RPM
5
31.9 cu ft
4-Cyl, 1.6 Liter
2612 lbs
FWD
SEL Sport Utility 4D
$18,139
31 MPG
121 @ 6300 RPM
5
31.9 cu ft
4-Cyl, 1.6 Liter
2612 lbs
FWD
Limited Sport Utility 4D
$18,839
31 MPG
121 @ 6300 RPM
5
31.9 cu ft
4-Cyl, 1.6 Liter
2612 lbs
FWD
See Full Specs for All 2023 Hyundai Venue Styles
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2023 Hyundai Venue Depreciation

A 2023 Hyundai Venue has depreciated $5,638 or 26% in the last 2 years and has a current resale value of $15,347 and trade-in value of $13,289.

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2023 Hyundai Venue
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2023 Hyundai Venue Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2023
-
$20,985
$20,985
2024
$3,399
$17,586
$15,476
Now
$2,239
$15,347
$13,289
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2-Year Forecasted Depreciation

*Depreciation for the last 12 months of the private party resale value.

2023 Hyundai Venue Depreciation

Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.


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Specifications

Dimensions, Weights & Capacities

Curb Weight
2612 lbs.
EPA Passenger
91.9 cu.ft.
EPA Total Interior
110.6 cu.ft.
Fuel Capacity
11.9 gallons
Front Head Room
39.4 inches
Front Leg Room
41.3 inches
Max Seating Capacity
5
Minimum Ground Clearance
6.7 inches
Overall Length
159.1 inches
Front Shoulder Room
53.9 inches
Trunk or Cargo Capacity
31.9 cu.ft.
Turning Diameter
16.6 feet
Wheel Base
99.2 inches
Gross Vehicle Weight Rating (GVWR)
3770 lbs.

Exterior

Alloy Wheels
Available
Number of Doors
4 doors
Privacy Glass
Available

Fuel Economy

City
29 mpg
Highway
33 mpg
Combined
31 mpg

Mechanical

Drivetrain
FWD
Transmission Type
Automatic
Recommended Fuel
Regular
Hill Start Assist
Available

Performance

Horsepower
121 @ 6300 RPM
Torque
113 @ 4500 rpm
Engine
4-Cyl, 1.6 Liter

Warranty

Basic
5 years / 60000 miles
Powertrain
10 years / 100000 miles
Corrosion
7 years / Unlimited miles

Comfort & Convenience

  • Remote Control Liftgate/Trunk Release

Entertainment

  • MP3 Player

Interior

  • Power Windows
  • Rear Window Defroster
  • 12V Power Outlet
  • Power Outlet
  • Steering Wheel Controls
  • Tilt Steering Wheel
  • Tilt/Telescoping Steering Wheel

Seating

  • Folding Rear Seat
  • Cloth Seats

Technology

  • Bluetooth Wireless Technology
  • Cruise Control
  • Hands Free Phone
  • Remote Keyless Entry
  • Smartphone Interface
  • Touch Screen Monitor
  • USB Port
  • Voice Recognition System

2023 Hyundai Venue Safety

2023 Hyundai Venue Safety Technology

Automatic emergency braking

This standard feature can automatically engage the brakes if it detects a potential accident. The Limited trim adds cyclist detection.

Lane-keep assist

Standard lane-keep assist helps you stay in your own lane.

Blind-spot monitoring

The SEL and Limited trims add blind-spot monitoring to make lane changes safer and easier.

4.0

Crash Test Rating

Provided by the National Highway Traffic Safety Administration
Frontal Crash
4.0
Side Barrier
5.0
Rollover Rating
4.0
Side Crash
5.0

Compare to Similar Vehicles

Used 2023
Hyundai Venue
Used 2023
Nissan Kicks
Used 2023
Kia Seltos
New 2025
Hyundai Venue
See Details
Price
$16,502
$19,567
$20,558
$21,650
KBB.com Rating
4.2
4.2
4.8
4.1
Consumer Rating
4.4
4.1
4.2
4.4
Fuel Economy
City 29/Hwy 33/Comb 31 MPG
City 31/Hwy 36/Comb 33 MPG
City 29/Hwy 35/Comb 31 MPG
City 29/Hwy 32/Comb 31 MPG
Fuel Type
Gas
N/A
N/A
Gas
Safety Rating
4.0
4.0
4.0
4.0
Seating Capacity5555
Basic Warranty
5 years or 60000 miles
3 years or 36000 miles
5 years or 60000 miles
5 years or 60000 miles
Horsepower
121 @ 6300 RPM
122 @ 6300 RPM
146 @ 6200 RPM
121 @ 6300 RPM
Engine
4-Cyl, 1.6 Liter
4-Cyl, 1.6 Liter
4-Cyl, 2.0 Liter
4-Cyl, 1.6 Liter
Drivetrain
FWD
FWD
FWD
FWD

2023 Hyundai Venue Rankings

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FAQs

Is the 2023 Hyundai Venue a good vehicle?

Yes, the 2023 Hyundai Venue is a good car. Its Kelley Blue Book rating of 4.2 out of 5 is within 10% of our average rating.

What is the MPG for a 2023 Hyundai Venue?

The 2023 Hyundai Venue is rated to return city/highway fuel economy of 29/33 mpg.

How much should a 2023 Hyundai Venue cost?

Used 2023 Hyundai Venue prices currently range from $16,502 for the SE Sport Utility 4D to $18,839 for the Limited Sport Utility 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.

What's the cheapest Hyundai Venue?

The cheapest 2023 Hyundai Venue is the SE Sport Utility 4D, with a Kelley Blue Book Fair Purchase Price of $16,502.

Is the 2023 Hyundai Venue reliable?

The 2023 Hyundai Venue is part of the 1st-generation Venue, which our owners give an above-average reliability rating of 4.6 out of 5.

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