Hyundai Ioniq 5 Price: A Comprehensive Guide to Costs and Features

The Hyundai Ioniq 5 is a groundbreaking electric SUV that has captured the attention of consumers and critics alike. With its sleek design, advanced features, and competitive pricing, the Ioniq 5 is a compelling choice for those looking to transition to electric mobility. This section explores the vehicle’s pricing, trim levels, and key features in detail, offering a comprehensive overview for potential buyers.
Hyundai Ioniq 5 Trim Levels and Pricing
The Ioniq 5 is available in three primary trim levels: SE, SEL, and Limited. Each trim offers distinct features and pricing, catering to different budgets and preferences. The base SE trim starts at approximately $41,000, while the mid-tier SEL trim is priced around $45,000. The top-of-the-line Limited trim can cost upwards of $56,000, depending on optional add-ons and configurations.
- SE Trim: The entry-level model includes a 58 kWh battery, rear-wheel drive, and a range of 220 miles. Standard features include a 12.3-inch touchscreen, wireless Apple CarPlay, and Hyundai’s SmartSense safety suite.
- SEL Trim: This mid-range option upgrades to a 77.4 kWh battery, extending the range to 303 miles. Additional features include a power liftgate, heated front seats, and a premium audio system.
- Limited Trim: The flagship model adds luxury touches like a sunroof, ventilated front seats, and a heads-up display. It also includes advanced driver-assistance features such as highway driving assist and remote smart parking.
Comparison with Competing EVs
To help buyers evaluate the Ioniq 5’s value, the following table compares it with two other popular electric SUVs: the Tesla Model Y and the Ford Mustang Mach-E.
Model | Starting Price | Range (miles) | Charging Time (10-80%) |
---|---|---|---|
Hyundai Ioniq 5 | $41,000 | 303 | 18 minutes |
Tesla Model Y | $47,000 | 330 | 25 minutes |
Ford Mustang Mach-E | $43,000 | 305 | 38 minutes |
Key Features and Benefits
The Ioniq 5 stands out for its ultra-fast charging capability, thanks to its 800-volt architecture. This allows the vehicle to charge from 10% to 80% in just 18 minutes using a 350 kW DC fast charger. The spacious interior, with its flat floor and sliding center console, offers exceptional comfort and versatility. The vehicle also supports vehicle-to-load (V2L) functionality, enabling it to power external devices or even another EV.
Incentives and Savings
Buyers of the Hyundai Ioniq 5 may qualify for federal tax credits of up to $7,500, depending on eligibility. Some states offer additional incentives, such as rebates or reduced registration fees. These savings can significantly lower the overall cost of ownership, making the Ioniq 5 an even more attractive option.
Final Thoughts
The Hyundai Ioniq 5 delivers a compelling mix of style, performance, and affordability in the electric SUV segment. With its competitive pricing, advanced features, and rapid charging capabilities, it is a strong contender for anyone considering an EV. By understanding the various trim levels and available incentives, buyers can make an informed decision that aligns with their needs and budget.
References:
Hyundai Official Website
Tesla Official Website
Ford Official Website