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By Colin Ryan
Updated January 30, 2025
Not every SUV buyer needs three rows of seating. Two rows, plenty of space, and reasonable pricing will do just fine, thanks very much. In that case, the 2023 Santa Fe should probably be at the top of the shopping list. The Santa Fe is an excellent 2-row midsize SUV with plenty of standard equipment, and the ability to approach luxury motoring. For those reasons and more, it’s our 2-Row Midsize SUV Best Buy for 2023.
In fact, it’s earned that annual award four years running now. It also took KBB Best Family Car awards for the past four years running. And scored top marks in independent crash tests.
Pretty darn good, then. If a 3-row midsize SUV is preferred, check out the larger Hyundai Palisade.
The Santa Fe Hybrid and Santa Fe Plug-in Hybrid (PHEV) each have their own review.
2023 Hyundai Santa Fe pricing starts at $21,814 for the Santa Fe SE Sport Utility 4D, which had a starting MSRP of $30,085 when new. The range-topping 2023 Santa Fe Calligraphy Sport Utility 4D starts at $27,429 today, originally priced from $43,935.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
---|---|---|---|---|
$30,085 | $21,814 | |||
$33,785 | $23,935 | |||
$35,585 | $25,412 | |||
$41,935 | $27,600 | |||
$43,935 | $27,429 |
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 Santa Fe models in typical condition when purchasing from a dealership. These prices are updated weekly.
In theory, 191 horsepower from a 2.5-liter engine seems like a decent amount of muscle. In a midsize SUV weighing almost 2 tons, it’s not a lot. For undemanding duties, simple A to B then back home to A, this engine is adequate.
Anyone who may be traveling further afield and to higher elevations, especially with a family on board, should consider the turbocharged 281-horsepower alternative in the Limited and Calligraphy models. Granted, these are the most expensive variants, but the fuel bills won’t be that different.
Mountain roads also involve tricky weather conditions, so select the option for all-wheel drive, which is priced quite reasonably.
Ride quality is tuned for comfort, yet with a subtle composure working away in the background.
Once the 2023 Santa Fe SUV is at the SEL trim level, navigation-based smart cruise control comes on board. This system knows when a curve is coming up and adjusts speed accordingly, resuming the preset speed as the road straightens. And Highway Driving Assist adds steering input to keep the Santa Fe in its lane.
One particular luxury that comes with every new Santa Fe SUV is space. While many other midsize SUVs cram in a third seating row, this one sticks with two. The result is an expansive 41.7 inches of rear legroom — better than the Honda Passport and the Jeep Grand Cherokee.
Cargo space goes from 36.4 cubic feet behind the rear seats to 72.1 cubic feet when those seats are folded. Not quite as good as the Passport, but still big enough for most purposes.
The cabin starts out quite pleasantly, with cloth upholstery and generally agreeable shapes. Then it heads further uptown as the trim levels rise, reaching its classiest point with the Calligraphy version, which comes with diamond-stitched fine Nappa leather upholstery, plus a head-up display, and ambient cabin lighting.
New technologies can spark new designs. Take LED headlights, for example. They can be thinner than older halogen units, longer, and shaped in many different ways. Hyundai’s stylists have used this to their advantage with the 2023 Santa Fe SUV, creating a distinct look for the front end.
Sporting a black grille and various dark elements, the XRT version is made to appear a little rougher and tougher with fake skid plates, but it doesn’t have any extra hardware or ground clearance to inspire off-road adventures.
Calligraphy trim goes in the other direction, with exclusive-design 20-inch alloy wheels and a premium dark gray finish to the grille.
1. Wireless Apple CarPlay/Android Auto
This cable-free form of smartphone integration is standard in the base SE trim with the 8-inch infotainment touchscreen. However, the rest of the 2023 Santa Fe range upgrades to a system with a 10.25-inch display, but requires connecting that cable.
2. Hyundai Digital Key
This allows users to access the 2023 Santa Fe through a smartphone app. Owners can send permissions to other phones. It only works for Android devices, but those of us with Apple iPhones can use a special key card deploying near-field communication (NFC) technology.
3. Hands-free powered tailgate
Standard in the SEL trim, this has an automatic opening function. So no dancing on one foot with armfuls of groceries trying to trigger a sensor. It detects the key’s presence.
4. Driver information display
The Premium package for the SEL model brings this configurable 12.3-inch digital instrument cluster that can show various types of information, including video from the Blind-Spot View Monitor.
5. Rear side window shades
Such a simple thing, although always welcome. These are part of the SEL’s Premium package (a highly recommendable choice), then standard in the higher trims.
6. Remote Smart Parking Assist
This self-parking system works for parallel and perpendicular spaces. The driver can choose to remain inside the vehicle, or stand outside and use the buttons on the key fob to control things remotely. Installed at the Limited trim level.
A 2.5-liter 4-cylinder engine provides the thrust for the lowest three trims of the 2023 Santa Fe SUV range — SE, SEL, and XRT. Output is 191 horsepower and 181 lb-ft of torque. An 8-speed automatic transmission sends that to the front wheels (FWD) in standard form, or to an optional all-wheel-drive (AWD) system.
The Limited and Calligraphy models also have a 2.5-liter 4-cylinder engine, but this time a turbocharger is bolted to it, helping to create 281 horsepower and 311 lb-ft of torque. This connects to a different transmission — a quicker-shifting, more efficient dual-clutch type — but as far as the driver is concerned, it’s still an 8-speed automatic.
The same standard FWD/optional AWD arrangement applies. Regular gasoline works well enough in both engines.
2.5-liter 4-cylinder (SE, SE, XRT)
191 horsepower @ 6,100 rpm
181 lb-ft of torque @ 4,000 rpm
EPA city/highway fuel economy: 25/28 mpg (FWD), 22/25 mpg (AWD)
2.5-liter turbocharged 4-cylinder (Limited, Calligraphy)
281 horsepower @ 5,800 rpm
311 lb-ft of torque @ 4,000 rpm
EPA city/highway fuel economy: 22/28 mpg (FWD), 21/28 mpg (AWD)
Get 2.99% Financing for up to 48 months on a new 2025 SANTA FE CALLIGRAPHY for well qualified buyers.
Get up to $1500 Total Savings on a new 2025 SANTA FE Hybrid CALLIGRAPHY.
Closed end lease for a new 2025 SANTA FE HYBRID CALLIGRAPHY 1.6L 4-CYL AUTOMATIC TRANSMISSION FWD for $650/mo for 36 months with $4090 due at lease signing for well-qualified lessees.
Get $500 Bonus towards purchase or lease First Responders Program on a new 2025 SANTA FE Hybrid.
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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2023 | - | $30,085 | $30,085 | ||
2024 | $7,057 | $23,028 | $19,967 | ||
Now | $2,670 | $20,358 | $17,427 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
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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EPA Passenger | 111.5 cu.ft. | ||
---|---|---|---|
EPA Total Interior | 147.9 cu.ft. | ||
Fuel Capacity | 17.7 gallons | ||
Front Head Room | 41.2 inches | ||
Front Leg Room | 44.1 inches | ||
Max Seating Capacity | 5 | ||
Minimum Ground Clearance | 8.2 inches | ||
Overall Length | 188.4 inches | ||
Front Shoulder Room | 59.1 inches | ||
Towing Capacity, Maximum | 2000 lbs. | ||
Trunk or Cargo Capacity | 36.4 cu.ft. | ||
Turning Diameter | 37.4 feet | ||
Wheel Base | 108.9 inches | ||
Gross Vehicle Weight Rating (GVWR) | 5137 lbs. | ||
Width with mirrors | 74.8 inches |
Alloy Wheels | Available | ||
---|---|---|---|
Number of Doors | 4 doors | ||
Privacy Glass | Available | ||
LED Headlights | Available | ||
Rear Spoiler | Available |
City | 25 mpg | ||
---|---|---|---|
Highway | 28 mpg | ||
Combined | 26 mpg |
Drivetrain | FWD | ||
---|---|---|---|
Transmission Type | Automatic | ||
8 speed | Available | ||
Recommended Fuel | Regular | ||
Hill Descent Control | Available | ||
Hill Start Assist | Available |
Horsepower | 191 @ 6100 RPM | ||
---|---|---|---|
Torque | 181 @ 4000 rpm | ||
Engine | 4-Cyl, GDI, 2.5 Liter |
Basic | 5 years / 60000 miles | ||
---|---|---|---|
Powertrain | 10 years / 100000 miles | ||
Corrosion | 7 years / Unlimited miles |
Forward collision warning
Every new Santa Fe SUV comes with this safety feature, which also includes automatic emergency braking, pedestrian/cyclist detection, and junction turning assistance.
Blind-spot monitoring
Warning drivers of vehicles in adjacent lanes, blind-spot monitoring is another standard safety system across the 2023 Santa Fe lineup. It’s enhanced with rear cross-traffic alert and automatic emergency braking when reversing. The Safe Exit Assist feature, which alerts all occupants about to leave the vehicle of any hazards that might be approaching.
Blind-Spot View Monitor
This is an option, but it’s relatively accessible as part of the Premium package for the one-up-from-base SEL trim. Cameras at each side can show more than the mirrors can, and their images are seen in the driver information display that’s also part of this package.
Used 2023 Hyundai Santa Fe | Used 2023 Ford Escape | New 2025 Chevrolet Trax | Used 2023 Jeep Compass | ||
---|---|---|---|---|---|
Price | $21,814 | $19,958 | $21,595 | $19,886 | |
KBB.com Rating | 4.7 | 4.0 | 4.3 | 3.9 | |
Consumer Rating | 4.4 | 4.0 | 4.5 | 4.2 | |
Fuel Economy | City 25/Hwy 28/Comb 26 MPG | City 27/Hwy 34/Comb 30 MPG | City 28/Hwy 32/Comb 30 MPG | City 24/Hwy 32/Comb 27 MPG | |
Fuel Type | Gas | Gas | Gas | Gas | |
5 Year Cost To Own 5-Year Cost to Own includes out of pocket expenses like fuel and insurance, plus the car’s loss in value over time (depreciation). | N/A | N/A | $46,291 | N/A | |
Safety Rating | 5.0 | 5.0 | N/A | N/A | |
Seating Capacity | 5 | 5 | 5 | 5 | |
Basic Warranty | 5 years or 60000 miles | 3 years or 36000 miles | 3 years or 36000 miles | 3 years or 36000 miles | |
Horsepower | 191 @ 6100 RPM | 181 @ 6000 RPM | 137 @ 5000 RPM | 200 @ 5000 RPM | |
Engine | 4-Cyl, GDI, 2.5 Liter | 3-Cyl, EcoBoost, Turbo, 1.5 Liter | 3-Cyl, ECOTEC, Turbo, 1.2 Liter | 4-Cyl, Turbo, 2.0 Liter | |
Drivetrain | FWD | FWD | FWD | 4WD |
Pricing for the 2023 Santa Fe SUV starts at $28,750 and goes up to $42,600. This is before destination charges and any options like all-wheel drive.
As a continuation of the fourth generation, this 2023 version retains all the attributes that have resulted in the Santa Fe SUV winning several Kelley Blue Book awards in the wake of its debut for the 2019 model year.
The maximum tow rating for the 2023 Santa Fe midsize SUV is 3,500 pounds, achieved with the turbocharged 281-horsepower engine in the two highest trims. The naturally aspirated 191-horsepower in the lower models can handle 2,000 pounds.
Yes, the 2023 Hyundai Santa Fe is a good car, as reflected by its above-average Kelley Blue Book rating of 4.7 out of 5.
2023 Hyundai Santa Fe city/highway fuel economy ratings range from 22/28 mpg to 25/28 mpg, depending on trim and equipment.
Used 2023 Hyundai Santa Fe prices currently range from $21,814 for the SE Sport Utility 4D to $27,600 for the Limited Sport Utility 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
The cheapest 2023 Hyundai Santa Fe is the SE Sport Utility 4D, with a Kelley Blue Book Fair Purchase Price of $21,814.
The 2023 Hyundai Santa Fe is part of the 2nd-generation Santa Fe, which our owners give an above-average reliability rating of 4.4 out of 5.