Hyundai Ioniq 5 Price: A Comprehensive Guide to Hyundai’s Electric Vehicle Costs

The Hyundai Ioniq 5 is a standout in the electric vehicle market, offering a blend of futuristic design, cutting-edge technology, and impressive performance. As of March 2025, the Ioniq 5 remains a top choice for eco-conscious drivers seeking a reliable and affordable EV. This section delves into the specifics of the Hyundai Ioniq 5 price, including trim levels, features, and how it compares to other electric vehicles. Whether you’re a first-time EV buyer or a seasoned enthusiast, this guide will help you navigate the costs and benefits of owning a Hyundai Ioniq 5.
Hyundai offers the Ioniq 5 in several trim levels, each with distinct features and pricing. The base model, SE Standard Range, starts at an affordable price point, making it accessible to a broad audience. Higher trims, such as the SEL and Limited, add premium features like leather seats, advanced driver-assistance systems, and larger battery packs for extended range. The top-tier Limited AWD model delivers all-wheel drive and luxury amenities, catering to those who prioritize performance and comfort.
Federal tax credits and state incentives can further reduce the cost of the Hyundai Ioniq 5. As of 2025, eligible buyers may qualify for up to $7,500 in federal tax credits, depending on their income and the vehicle’s specifications. Some states also offer additional rebates or discounts, making the Ioniq 5 even more affordable. It’s essential to research local incentives and consult with a tax professional to maximize savings.
Hyundai Ioniq 5 Trim Levels and Pricing
The Hyundai Ioniq 5 is available in three primary trim levels: SE, SEL, and Limited. Each trim offers different features and battery options, allowing buyers to choose the best fit for their needs and budget.
- SE Standard Range: Starting at approximately $41,000, this trim includes a 58 kWh battery, rear-wheel drive, and an estimated range of 220 miles. Standard features include a 12.3-inch touchscreen, wireless Apple CarPlay, and Hyundai SmartSense safety suite.
- SEL: Priced around $45,000, the SEL trim upgrades to a 77.4 kWh battery, increasing the range to 303 miles. Additional features include heated front seats, a power-adjustable driver’s seat, and a premium audio system.
- Limited AWD: The top-tier model starts at $52,000 and includes all-wheel drive, a 77.4 kWh battery, and a range of 266 miles. Luxury features like ventilated seats, a sunroof, and a heads-up display make this trim ideal for those seeking premium amenities.
Comparison Table: Hyundai Ioniq 5 vs. Competitors
Model | Starting Price | Range (miles) | Battery Size (kWh) | Key Features |
---|---|---|---|---|
Hyundai Ioniq 5 SE | $41,000 | 220 | 58 | 12.3-inch touchscreen, wireless Apple CarPlay |
Tesla Model Y Standard | $44,000 | 279 | 60 | Autopilot, over-the-air updates |
Ford Mustang Mach-E Select | $43,000 | 247 | 70 | SYNC 4A, Ford Co-Pilot360 |
Volkswagen ID.4 Pro | $40,000 | 260 | 82 | 3 years of free charging, spacious interior |
Total Cost of Ownership
Beyond the initial purchase price, the Hyundai Ioniq 5 offers significant savings in terms of fuel and maintenance. Electricity costs for charging are substantially lower than gasoline, and the Ioniq 5 requires less maintenance due to its fewer moving parts. Hyundai also provides a comprehensive warranty, including a 10-year/100,000-mile battery warranty, ensuring peace of mind for owners.
Charging infrastructure continues to expand, making it easier than ever to own an EV. The Ioniq 5 supports both Level 2 and DC fast charging, with the latter capable of adding up to 80% charge in just 18 minutes. Home charging solutions, such as installing a Level 2 charger, can further enhance convenience and reduce costs.
Final Thoughts
The Hyundai Ioniq 5 is a compelling option in the electric vehicle market, offering a balance of affordability, range, and features. With multiple trim levels and potential incentives, it caters to a wide range of buyers. By comparing it to competitors and considering the total cost of ownership, the Ioniq 5 stands out as a practical and stylish choice for those looking to transition to electric driving.
For more information, visit Hyundai’s official website or consult with a local dealership to explore current offers and incentives.