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The Hyundai Venue is the cheapest SUV on the market. It isn’t the first choice of consumers, but it’s a welcome option for drivers who are budget-conscious. Contrary to popular belief, there are still plenty of affordable vehicles on the market despite frequent bouts with inflation and the economic turmoil of a post-global pandemic economy. Getting a used vehicle is a great way to save thousands of dollars. So, what happens when you get an older model year of the cheapest SUV on the market? What should you pay for a used 2020 Hyundai Venue?

How much is a used Hyundai Venue?

A red 2023 Hyundai Venue subcompact SUV is driving on the road.
The 2023 Hyundai Venue | Hyundai

The 2020 Hyundai Venue had a starting MSRP of $17,350. It was still astoundingly affordable as a new vehicle when it hit the market. In 2023, drivers can find a used Venue subcompact SUV with less than 54,000 miles for under $16,000. One of these Hyundai subcompacts with under 54K miles can last for an additional six to 10 years.

Why is this a good deal? It’s rare to find a new(ish) vehicle for under $20,000, let alone under $16,000. Though the Venue nameplate is generally affordable, getting a recent used model year is a way for consumers to save even more without running the risk of getting a vehicle so old that major mechanical issues are on the horizon. The 2020 Venue is still a relatively new SUV but cheap enough for most American consumers. Furthermore, the Venue isn’t known for being unreliable, which is a huge advantage for such an affordable vehicle.

Is the Hyundai Venue a good used SUV?

A blue 2020 Hyundai Venue subcompact SUV is parked.
The 2020 Hyundai Venue | Hyundai

2020 Hyundai Venue specs

Base Engine 1.6-Liter Four-Cylinder
Power Output 121 Horsepower, 113 LB-FT of Torque
MPG30 City, 34 Highway
Hyundai Venue specs.

The 2020 Hyundai Venue is underpowered, which is predictable given its low price. It is just as predictably fuel-efficient as a subcompact SUV. Moreover, its performance specs are nothing to write home about, and its base model is extremely barebones.

So, who should get a used Venue, and is it even worth the money in the first place? The 2020 model year is an ideal used subcompact SUV for consumers who want an affordable vehicle with no extra thrills or frills. It’s a great first car for teens or for drivers who value practicality and efficiency over an enjoyable driving and ownership experience.

Is it a fun vehicle? Not necessarily. That being said, it gets drivers from point A to point B for cheaper than many of its rivals, and that’s paramount to many consumers.

What is the best version of the Hyundai Venue?


Picking the Best 2023 Hyundai Venue Trim Is Not Hard

The Hyundai Venue’s 1.6-liter four-cylinder engine is standard in every configuration. So, the best trim has nothing to do with performance, it’s all about creature comforts and tech.

The Venue Limited comes with heated mirrors, proximity key entry with push-button start, and cloth/leatherette seats. It also has heated front seats, a leather-wrapped steering wheel and shift knob, and wired Apple CarPlay/Android Auto. Best of all, the final configuration starts at just $22,900. Is Hyundai’s subcompact SUV the best cheap new vehicle on the market?