Is a used Hyundai Ioniq a good buy?
The well-built and versatile Hyundai Ioniq is great value as a used buy in all of its versions. Reliability can be an issue, though. The worldwide discontinuation of IONIQ represents a long-planned decision by Hyundai to meet changing consumer demands in the automotive sector. Which vehicle is the most similar to the IONIQ? Although there will be no direct successor to IONIQ, its spirit will live on through Hyundai’s IONIQ EV line-up brand.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.
Do Hyundai Ioniq hold their value?
A 2022 hyundai ioniq 5 has depreciated $24,433 or 59% in the last 3 years and has a current resale value of $16,750 and trade-in value of $14,950. A 2022 hyundai ioniq 5 has depreciated $24,433 or 59% in the last 3 years and has a current resale value of $16,750 and trade-in value of $14,950. The average cost for a hyundai ioniq hybrid high voltage battery replacement is between $5,537 and $5,679. Labor costs are estimated between $305 and $448 while parts are typically priced around $5,232. This range does not include taxes and fees, and does not factor in your unique location.Price. The prices of the Ioniq 5 and 6 are comparable. The 5 runs between $50,000 and $55,000, depending on trim levels. The Ioniq 6 is slightly cheaper–you can find it for under $50,000–but some trim levels can put it into the mid-$50,000.The average cost for a Hyundai Ioniq Battery Replacement is between $246 and $286 but can vary from car to car.
What is the lifespan of a Hyundai Ioniq battery?
Generally, you can expect a hybrid battery to last… 8 to 12 years: For most hybrids from reputable brands, such as the Hyundai IONIQ Hybrid. Mileage is often a better indicator of battery lifespan. Recent studies by Geotab show that hybrid and electric vehicle batteries degrade at an average rate of just 1. This means most hybrid batteries retain around 80% of their capacity even after 10 years of use, making them highly reliable over the long term.In fact, a recent study conducted by Cox Automotive showed that in 2022, 28% of those surveyed were concerned about the cost of a battery replacement. However, in most cases, EV batteries can be expected to last at least 10 years or 100,000 miles, and can last even longer with proper care.Most manufacturers have a five to eight-year warranty on their battery. However, the current prediction is that an electric car battery life will last from 10 – 20 years before they need to be replaced.The good news is most hybrid car batteries can last a long time and typically average over the 10 to 20-year mark. Most manufacturers also provide a long-lasting hybrid battery warranty for added peace of mind. Learn all about the Honda hybrid car battery life today with the service professionals from Penske Honda!How fast an EV’s battery health degrades is dependent on how well previous owners looked after the vehicle too, so it is important to check the battery health of the EV before purchasing. A general rule is that a battery health over 80% is considered very good for vehicles around 10 years old.
Which is better, Toyota or Hyundai?
While Toyota remains a solid choice for buyers, Hyundai offers more extended warranties, affordability, cutting-edge tech, and more that give drivers peace of mind and fantastic value without breaking the bank! 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.