Is IONIQ 5 a $7,500 tax credit?
Which EVs are eligible for the $7,500 tax credit? At this time, the 2025 IONIQ 5 is eligible for the $7,500 tax credit. As long as they are priced below $80,000, select trims qualify for the EV tax credit when they are purchased before September 30th, 2025. Our 2025 Best Buy among electric vehicles (EVs) is once again eligible for the federal government’s $7,500 EV tax credit. The U. S. Department of Energy updated its list of eligible models over the weekend, and the Hyundai Ioniq 5 is back on after a brief absence.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 .Hyundai has announced a discontinuation of sales for the IONIQ 5. According to information gathered by the RPM team, there is a software issue preventing Hyundai from delivering the vehicles to its customers. This judgment will take effect on 20 November 2024.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.
Does Ioniq 5 hold its value?
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. Pros of the hyundai ioniq 5 include a smooth ride, longer driving ranges, and a tech savvy interior. Cons of the 2025 hyundai ioniq 5 include underwhelming frunk space and a higher price point.As for physical space, it’s a standoff, even though the Ioniq’s wheelbase stretches 4. Model Y’s. They’re both roomy people-haulers with expansive rear-seat space, the Hyundai offering slightly more rear kneeroom, while the Tesla allows you to more easily snuggle your toes under the front seats.
What is the discount on Ioniq 5?
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. 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.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.There are two ways to charge a Hyundai IONIQ 5 at home: with a Level 1 portable charger that plugs into a standard 120-volt home outlet or with an installed wall box for a 240-volt Level 2 charger.
Which is better, the Hyundai IONIQ 5 or the Ioniq 6?
Hyundai IONIQ 6: Streamlined Electric Sedan While it shares powertrains with the IONIQ 5, the 6 has a longer, lower, more aerodynamic profile. With its wind-cheating design, the IONIQ 6 boasts a longer range than the 5, able to travel up to 340 miles on a charge. 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.Hyundai has introduced several enhancements to the IONIQ 5 for 2025: Improved EV Battery Capacity: The Standard Range model now has a 63. Wh battery, up from 58. Wh. The Long Range model has an 84 kWh battery, increased from 77. Wh. This upgrade means the Standard Range can go over 240 miles.