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2023 Hyundai Venue Overview, Reviews, Ratings & Specs

Rating: 4.92
Based on 12 Owner Reviews â–¶
Eugene S | March 31, 2025
The 2023 Hyundai Venue is a subcompact SUV designed for urban environments and first launched in 2020. It offers a practical and affordable entry point into the SUV market. As a hatchback-styled SUV, it comes in trims like SE, SEL, and Limited. The pricing typically ranges from around $20,000 to $24,000. Its compact size, fuel efficiency, and abundance of standard features at a low price point make it popular among budget-conscious buyers.
The Good

The 2023 Hyundai Venue excels in value and efficiency. Its practical appeal lies in its low price, excellent fuel economy, and easy maneuverability. Emotionally, it provides a stylish and youthful design with surprising interior comfort for its size. Reliability is generally good, making it a dependable choice. Its compact size makes it perfect for city driving.

The Bad

The 2023 Hyundai Venue's weaknesses include its limited power from its single engine option, which can feel strained during highway driving or with a full load. The rear seat space is also somewhat limited, potentially impacting passenger comfort on longer trips. All-wheel drive is not available, limiting its capabilities in inclement weather.

2023 Hyundai Venue: Quick Overview

  • Engine Options: 1.6-liter inline-4 cylinder
  • Horsepower: 121 hp @ 6,300 rpm
  • Fuel Economy:
    • City: 29 MPG
    • Highway: 33 MPG
    • Combined: 31 MPG
  • 0-60 Times: Approximately 10.2 seconds
  • Towing Capacity: Not Recommended/Not Rated
  • Trim-Level Features:
    • SE: 8-inch touchscreen display, wireless Apple CarPlay and Android Auto, forward collision avoidance assist, lane keeping assist, automatic high beams.
    • SEL: Adds automatic temperature control, a sunroof, driver's blind-spot mirror, rear cross-traffic alert, and alloy wheels.
    • Limited: Adds navigation, LED headlights and taillights, a sunroof, heated front seats, and Hyundai's Blue Link connected car system, and two-tone roof.

The Venue comes standard with a Smartstream Intelligent Variable Transmission (IVT). The suspension consists of a MacPherson strut front suspension and a torsion beam rear axle. Interior space is maximized within its compact footprint, and the upright seating position offers good visibility. Cargo space is adequate for its class, with the rear seats folding down to increase capacity. Overall, the Venue offers a good mix of features and economy in a small package.

2023 Hyundai Venue Specifications

Vehicle Information
Year 2023
Make Hyundai
Model Venue
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Vehicle History Report

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Analysis

What Problems Does the 2023 Hyundai Venue Have?

The 2023 Hyundai Venue, like other recent Hyundai models, hasn't had a significant number of widespread or severe problems reported. However, some owners have noted concerns regarding the IVT (Intelligent Variable Transmission) performance, with occasional reports of hesitant acceleration or unusual shifting behavior. These issues are often addressed with software updates or transmission adjustments.

Potential long-term reliability concerns mainly revolve around the long-term durability of the IVT, as this is a relatively new type of transmission. It's essential to adhere to the recommended maintenance schedule, including fluid changes, to mitigate potential issues. Some early model year Venues (2020-2021) had recalls related to the rearview camera display and potential fuel leaks, so checking the vehicle's VIN for any outstanding recalls is crucial if buying used.

Overall, the Venue is considered relatively reliable, but it's advisable to check for any Technical Service Bulletins (TSBs) related to the transmission or other systems. Regular maintenance and addressing any minor issues promptly can help ensure long-term reliability. Before purchasing, a thorough inspection by a qualified mechanic is always recommended.

How long will the 2023 Hyundai Venue last?

With regular maintenance, a 2023 Hyundai Venue can reasonably be expected to provide 150,000 to 200,000 miles or 10-13 years of service. Key to longevity is adhering to the manufacturer's recommended maintenance schedule, particularly regarding transmission fluid changes for the IVT. Long-term durability may be influenced by the quality of roads driven on and driving habits. Weaknesses might appear in the suspension components or with the infotainment system over time, but these are generally manageable with timely repairs. Preventative care is crucial.

What Technology & Safety Features are Included?

The 2023 Hyundai Venue comes standard with an 8-inch touchscreen infotainment system that includes wireless Apple CarPlay and Android Auto. This is a major selling point as many competitors require a wired connection. The base SE trim offers a basic audio system, while higher trims offer upgraded sound systems.

Standard driver-assistance features include forward collision avoidance assist with pedestrian detection, lane keeping assist, and driver attention warning. Higher trims add blind-spot monitoring with rear cross-traffic alert. A rearview camera is standard across all trims. Available optional features are limited, as the Venue keeps things relatively simple and affordable.

Safety features include six airbags, electronic stability control, and anti-lock brakes. The NHTSA (National Highway Traffic Safety Administration) and IIHS (Insurance Institute for Highway Safety) conduct crash tests. The 2023 Hyundai Venue has received good ratings from IIHS, including a "Good" rating in several crashworthiness categories. NHTSA ratings should be verified on their website. These safety features, combined with the tech amenities, make the Venue a well-rounded package for its class.

What Colors Options are Available?

Exterior Colors
Black Noir Pearl
Intense Blue
Green Apple
Scarlet Red Pearl
Ceramic White
Cosmic Grey
Denim
Two-Tone Ceramic White with Black Noir Roof
Two-Tone Intense Blue with Black Noir Roof
Two-Tone Green Apple with Black Noir Roof
Interior Colors
Gray
Black

2023 Hyundai Venue Prices and Market Value

The 2023 Hyundai Venue had a starting MSRP of around $20,000 for the base SE trim, climbing to around $24,000 for the Limited trim when new. Current used market prices typically range from $17,000 to $22,000, depending on mileage, condition, and trim level.

The Venue depreciates at a moderate rate compared to other subcompact SUVs. Factors affecting resale value include mileage, condition, maintenance history, and trim level. Models with lower mileage, a clean vehicle history report, and the Limited trim tend to hold their value better. Overall, the Venue's affordability helps it retain value reasonably well.

2023 Hyundai Venue Cost of Ownership

The 2023 Hyundai Venue is generally economical to own. Insurance costs are typically lower than average due to its safety ratings and affordable price. Fuel costs are low thanks to its excellent fuel economy. Maintenance is straightforward, and repair costs are generally reasonable. Long-term ownership costs are kept in check by Hyundai's warranty and the vehicle's overall reliability. It's one of the more affordable SUVs to own and operate, especially for city dwellers.

2023 Hyundai Venue Fuel Efficiency

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2023 Hyundai Venue Safety Rating

NHTSA
Overall Rating
Overall Frontal Star Rating
Side Overall Star Rating
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Combined Front Seat Rating
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Frontal Barrier Star Ratings Not Tested
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Side Barrier Star Ratings
Side Pole Star Rating
Combined Side Barrier And Side Pole Star Ratings Not Tested
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2023 Hyundai Venue Insurance

Insurance for a 2023 Hyundai Venue is moderately priced, reflecting its status as a Vehicle with strong safety ratings and
reasonable repair costs.

How Does the 2023 Hyundai Venue Compare to Other Vehicle?

The 2023 Hyundai Venue competes with rivals such as the Kia Soul, Nissan Kicks, and Toyota C-HR. Compared to the Nissan Kicks, the Venue offers similar fuel economy and a lower starting price, but the Kicks offers slightly more cargo space. The Kia Soul boasts a more powerful engine option but tends to be pricier. The Toyota C-HR has a more distinctive design but lacks some of the Venue's user-friendly tech features.

In terms of reliability, the Venue is on par with its competitors. Feature-wise, the Venue's standard wireless Apple CarPlay and Android Auto give it an edge. However, the Venue's engine is the least powerful of the group. If performance is a priority, the Kia Soul (with its optional engine) might be a better choice. For those prioritizing cargo space and a slightly more refined ride, the Nissan Kicks is a good alternative. Ultimately, the Venue strikes a good balance between price, features, and fuel economy, making it a compelling option in its class. The Nissan Kicks is a similar alternative; the Kia Soul offers a bit more power for a higher price.

Ranks #811 Sedan

1 2023 Toyota Camry (5.0★)
2 2023 Honda Accord (0.0★)
3 2023 Lexus ES (0.0★)
4 2024 Subaru Legacy (5.0★)
5 2022 Mazda MX-30 (4.0★)
6 2024 BMW M3 (0.0★)
7 2023 Ford Mustang (5.0★)
8 2023 Mercedes-Benz AMG GT (0.0★)
9 2023 Audi A3 (0.0★)
10 2023 Chevrolet Camaro (5.0★)
11 2023 Hyundai Elantra Hybrid (0.0★)
12 2023 Nissan Altima (4.0★)
811 2023 Hyundai Venue (5.0★)

Final Verdict: Is the 2023 Hyundai Venue a Good Vehicle?

The 2023 Hyundai Venue is an excellent choice for first-time car buyers, city dwellers, and budget-conscious individuals seeking a fuel-efficient and feature-rich subcompact SUV. It's worth buying if you prioritize affordability, easy maneuverability, and standard tech. The Venue is particularly appealing as a new vehicle due to its competitive pricing and Hyundai's warranty. The SEL trim offers a good balance of features and value, while the Limited trim provides more premium amenities. If strong performance is needed, consider alternatives, but for most urban driving, the Venue is a solid and practical option.

2023 Hyundai Venue Owner Reviews

4.92
Consumer Rating, Based on 12 Consumer Reviews
Overall rating
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I am a young, spunky, adventurous 70 year young lady on December 1, 2023

Best little SUV on the market

Really love the mileage. It is small but the mightiest little car 🚗 i could imagine. It really is a two people car because of the size. But you will love it.

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Steve on June 13, 2023

Nice SUV

Absolutely a fantastic little SUV. It's roomy enough, rides smooth, quiet and gets 42mpg on the highway and 35 mpg in the city, this is a very dependable car.

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Liv on April 7, 2023

LOVE my Venue

I absolutely LOVE my Venue. It is incredibly comfortable and a very smooth ride. My parents just got a new BMW and my venue rides just as well. It gets great gas mileage too. I average about 30 mpg and 35 highway. Hyundai has the best warranty out there too, so if you want a small but roomy fun safe car, get a venue!!

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Norm on January 1, 2023

2023 Venue SEL

I love the stying, the ride, the power is certainly adequate , and it is very smooth and quiet. It has all the modern safety features that we wanted with a great rear storage area and it gets great fuel mileage. My only negative marks ( which are minor ) are, the rearward vision is poor due to the size of the rear roof pillars and the small back window. My trim level the SEL came with a digital dashboard which is functional, but I prefer traditional gauges that come with the highest trim level the Limited. And lastly , this is my first car with an infotainment center dash with Apple CarPlay, and while it certainly can be useful, I don't find it especially easy to navigate. It is overly complex and time consuming to try and navigate all the various menus. Which is why 99% of the time I don't mess with it, I just get in it and drive , which is something that the Venue does very well. Overall I think it's a great little car.

Was this review helpful?
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Keith on December 8, 2022

Wouldn't change a thing, it's perfect!

This SUV is just the right size for the wife and I. Plenty of room, nimble handling, very comfortable, and great gas mileage-(average 35 mpg).

Was this review helpful?
1
0

I am a young, spunky, adventurous 70 year young lady on December 1, 2023

Best little SUV on the market

Really love the mileage. It is small but the mightiest little car 🚗 i could imagine. It really is a two people car because of the size. But you will love it.

Was this review helpful?
1
0

Steve on June 13, 2023

Nice SUV

Absolutely a fantastic little SUV. It's roomy enough, rides smooth, quiet and gets 42mpg on the highway and 35 mpg in the city, this is a very dependable car.

Was this review helpful?
1
0

Liv on April 7, 2023

LOVE my Venue

I absolutely LOVE my Venue. It is incredibly comfortable and a very smooth ride. My parents just got a new BMW and my venue rides just as well. It gets great gas mileage too. I average about 30 mpg and 35 highway. Hyundai has the best warranty out there too, so if you want a small but roomy fun safe car, get a venue!!

Was this review helpful?
1
0

Norm on January 1, 2023

2023 Venue SEL

I love the stying, the ride, the power is certainly adequate , and it is very smooth and quiet. It has all the modern safety features that we wanted with a great rear storage area and it gets great fuel mileage. My only negative marks ( which are minor ) are, the rearward vision is poor due to the size of the rear roof pillars and the small back window. My trim level the SEL came with a digital dashboard which is functional, but I prefer traditional gauges that come with the highest trim level the Limited. And lastly , this is my first car with an infotainment center dash with Apple CarPlay, and while it certainly can be useful, I don't find it especially easy to navigate. It is overly complex and time consuming to try and navigate all the various menus. Which is why 99% of the time I don't mess with it, I just get in it and drive , which is something that the Venue does very well. Overall I think it's a great little car.

Was this review helpful?
1
0

Keith on December 8, 2022

Wouldn't change a thing, it's perfect!

This SUV is just the right size for the wife and I. Plenty of room, nimble handling, very comfortable, and great gas mileage-(average 35 mpg).

Was this review helpful?
1
0
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Eugene S

Eugene is an automotive enthusiast with over 15 years of experience in the used car market. As a writer at VINCheck.info, he brings deep industry insight and a passion for cars, helping readers make smart, informed decisions. Eugene has written hundreds of used car reviews and is known for breaking down complex automotive topics into clear, actionable advice. Over the years, he has driven and worked on a wide range of vehicles—starting with tuning street cars in his early days and eventually focusing on performance upgrades and reliability improvements. Today, he specializes in evaluating used vehicles through the lens of real-world ownership and enthusiast needs. A longtime fan of Porsche, Eugene especially appreciates vehicles that blend durability with driving enjoyment.