Why is Ioniq 5 so expensive?
By 2025, the Hyundai Ioniq 5 stands at the top of Hyundai’s India lineup in terms of pricing, starting at ₹46. E-GMP (Electric Global Modular Platform) which is not a tweaked version of an existing ICE platform but an EV- . A cash discount of up to ₹10 lakh has been announced for 2024 Hyundai Ioniq 5 stock, making it significantly less expensive than the quoted price. According to current offerings, even the newest 2025 model receives a benefit of up to ₹2 lakh.As a modern all-electric vehicle, the Hyundai IONIQ 5 requires less traditional maintenance than gasoline-powered cars, but regular check-ups remain critically important for performance, safety, and warranty compliance.A 2022 Hyundai IONIQ 5 has depreciated $24,253 or 58% in the last 3 years and has a current resale value of $16,937 and trade-in value of $14,759. A 2022 Hyundai IONIQ 5 has depreciated $24,253 or 58% in the last 3 years and has a current resale value of $16,937 and trade-in value of $14,759.Hyundai Federal Tax Credit Benefits at a Glance The federal tax credit of $7,500 can be gained here: On qualifying vehicles, you can receive up to $7,500 off of your EV. Available Hyundai models: The IONIQ 5 is the SUV with several trim levels that qualify for this credit.
Did Hyundai slash prices of 2026 Ioniq 5 by up to $9800?
Big Price Drops: Hyundai reduces 2026 IONIQ 5 pricing by up to $9,800 with an average cut of $9,155 across the lineup. MSRP Now Starts at $35,000: IONIQ 5 SE (RWD) opens at an aggressive $35,000 MSRP, positioning it as one of the best-valued EVs in its segment. Eligible customers who purchase or lease a new 2025 IONIQ 5 vehicle (“Vehicle”) from a participating Hyundai dealer between January 1, 2025 and December 31, 2025 can receive either a hardwired Level 2 ChargePoint® Home Flex EV charger (“Charger”) or a $400 out-of-home charging credit with ChargePoint (“Charging Credit .Power and Performance Upgrades The 2025 IONIQ 5 has an edge in efficiency over the 2024 IONIQ 5, which topped out at 303 miles. The 2025 model’s updated NACS (North American Charging Standard) port also streamlines charging at more public stations, improving accessibility for EV owners.Every time I drive a Hyundai Ioniq 5, I quickly remember why it’s one of my Just Buy This recommendations for anyone interested in an electric crossover. It looks cool, it’s generally excellent on range, it has class-leading DC fast-charging, and it’s quicker than any comparable gas car in this class.
Is Hyundai more reliable than Toyota?
Both brands offer strong family-friendly models, but Toyota stands out for reliability and resale value, while Hyundai excels in comfort, technology, and warranty coverage. Today’s models offer: • More features for the money • Modern styling • Long warranties • Great tech They’ve closed the gap dramatically, but when buyers want a proven “buy it, drive it, forget about it” long- term car… Honda still edges out Hyundai in longevity and resale confidence.
Are Hyundais as reliable as Toyota?
Choose Toyota if you prioritize reliability, resale value, and proven long-term performance. Choose Hyundai if you value modern technology, more extended warranties, and a lower initial purchase price. Hyundai falls in ninth place, with models holding 54. For reference, the brand with the best resale value is Toyota at 63. Dodge is in 19th place, with models holding just 35.
How much does a Hyundai Ioniq 5 cost?
The price of the 2026 Hyundai Ioniq 5 starts at $36,600 and goes up to $47,875 depending on the trim and options. We suggest the rear-wheel-drive SEL trim for its estimated 318 miles of range and 225 horsepower. If you drive a Hyundai Ioniq 5 and want to take advantage of Tesla’s large Supercharger network, the good news is—you can. With the right adapter, your Ioniq 5 can plug in at Tesla charging stations across the country. And starting in 2025, new Ioniq 5 models will be able to connect without an adapter.
Are Hyundais expensive to maintain?
Hyundai vehicles are typically affordable to maintain, with costs often competitive with those of other brands. Maintenance expenses are generally reasonable, making Hyundai an appealing choice for those looking for a reliable and cost-effective option. The Lifetime Hybrid/Electric Battery Warranty ensures that if the lithium-ion polymer battery fails, Hyundai will replace the battery and cover recycling costs for the old battery free of charge to the original owner.