Hyundai

Ioniq 5

Purchase price from $35,000
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$407
per month
per mo.
Ioniq 5
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This estimate illustrates a vehicle lease. It is informational, not a financing offer or approval. Actual payments depend on negotiated price, residual value, money factor, mileage allowance, taxes, fees, credit, and lender terms.

This estimate illustrates vehicle financing. It is informational, not a credit offer or approval. Actual payments depend on purchase price, down payment, annual percentage rate, term, taxes, fees, credit, and lender terms.

This estimate illustrates a vehicle lease. It is informational, not a financing offer or approval. Actual payments depend on negotiated price, residual value, money factor, mileage allowance, taxes, fees, credit, and lender terms.

from
$407
per month
per mo.
Ioniq 5
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About this car

Ioniq 5
Hyundai
Ioniq 5
How far do you drive each year?
MI
Fuel: Electricity
Electricity consumption: 34.5 kWh/100 mi
Annual electricity cost: $0

Common issues

Does the Hyundai Ioniq 5 have a known ICCU failure issue that can cause loss of drive power?

Yes. For model years 2022-2023, expanded to 2022-2024 under NHTSA recall 24V265, a damaged Integrated Charging Control Unit can stop charging the 12V battery, causing a 'Check electrical system' warning, a drained 12V battery, disabled DC fast charging, and in some cases sudden loss of drive power while driving. The recall remedy is free at Hyundai dealers, involving a software update and, if the ICCU has already failed, replacement of the ICCU and 12V battery. Outside recall coverage, owner-reported ICCU replacement costs are roughly $1,700-$3,500 plus a $250-$400 12V battery, but these figures are not independently verified.

Hyundai Ioniq 5 Positioning: A Retro-Modern Electric Crossover Built Around Charging Speed

The Ioniq 5 is Hyundai's dedicated electric crossover on the E-GMP platform, competing in the compact-size mainstream against the Ford Mustang Mach-E, Tesla Model Y, and its own platform twin, the Kia EV6. Its angular, pixel-lit body is the visual hook; the flat-floor cabin with sliding rear seats is the practical one. Most rivals lack its 800-volt architecture, so public charging stops are shorter. In the US it comes rear- or all-wheel drive with a 10-year battery warranty as standard.

Why Consider the Hyundai Ioniq 5

The Ioniq 5's 800V hardware leads the discussion: on a 350 kW DC fast charger, it takes roughly 18 minutes to charge from 10 to 80 percent, a stop the Ford Mustang Mach-E and Tesla Model Y cannot match on 400V networks. It also powers gear through indoor and outdoor V2L outlets, and pairs a sliding rear bench with a flat floor — cabin flexibility the Model Y does not offer. Hyundai tops it with a decade-long battery warranty.

  • 800V multi-charging: 10-80 percent in about 18 minutes on a 350 kW unit
  • Vehicle-to-load (V2L) outlets inside and behind the car
  • Sliding second-row seats and a flat load floor
  • 10-year/100,000-mile battery and powertrain warranty
  • Over-the-air updates and Digital Key phone access

Specifications and Powertrains

Electric, rear-wheel drive. A single permanent-magnet synchronous motor sits on the rear axle. Long Range models use an 84.0 kWh battery and deliver roughly 225 hp, with EPA-rated efficiency around 106 to 110 MPGe combined and range topping out in the 290-318-mile band on 19-inch wheels (https://www.hyundai.com/content/dam/hyundai/kr/ko/data/vehicles/catalog/en/ioniq5-catalog-eng.pdf).

Electric, all-wheel drive. A second front motor brings output to about 320-325 hp and roughly 605 Nm of torque, per Hyundai's published data. Efficiency drops into the mid-90s MPGe combined and EPA range lands roughly 40-60 miles lower than the RWD Long Range, depending on wheels. Both drivetrains support the 400V/800V multi-charging system with a 350 kW peak (https://www.hyundai.com/content/dam/hyundai/kr/ko/data/vehicles/catalog/en/the-new-ioniq5-catalog-eng.pdf).

Payment Reality for the Hyundai Ioniq 5

Current US MSRPs open in the low-$44,000 range before destination for a Long Range RWD SE and approach the upper $50,000s for a loaded Limited AWD, keeping the Ioniq 5 in the same bracket as comparable Mach-E and Model Y trims. Electric crossovers also depreciate faster in year one than equivalent gas models, so residual value matters if you lease, while interest rates and loan term decide what finance makes sense. Run your own rate and term through the CarPayCheck calculator — the monthly figure is yours to compute.

Warranty and Maintenance

Hyundai backs the Ioniq 5 with a 5-year/60,000-mile limited bumper-to-bumper warranty, a 10-year/100,000-mile powertrain warranty, and 10-year/100,000-mile battery coverage. Scheduled service is mostly tire rotations, cabin air filter swaps, and brake fluid checks — there is no engine oil to change. Hyundai dealers and independent EV shops can both service it, and parts availability is strong given US sales volume. Ioniq Care adds complimentary first maintenance.

Who the Hyundai Ioniq 5 Suits

The Ioniq 5 fits high-mileage commuters who want 800V charging on road trips, families needing a flat-loading bay with a sliding rear bench, and buyers who plan to use V2L for camping or tailgate power. If you prefer sleeker styling and do not need the rear headroom, the Kia EV6 is the platform twin; the Ford Mustang Mach-E offers a larger touchscreen and more upright cargo area; the Volkswagen ID.4 is roomier but charges slower.

Frequently asked questions

The listed starting price for the Hyundai Ioniq 5 is 35 000.
Using the current calculator settings, the estimated payment for the Hyundai Ioniq 5 starts at 407 per month. Actual terms depend on the lender, credit, term, down payment, taxes, and fees.
The recorded catalog data lists these powertrains for the Hyundai Ioniq 5:
Electric
Verify trim-level availability and efficiency ratings with the manufacturer or seller.

Emissions and efficiency vary by powertrain, trim, test method, and model year. Verify the applicable EPA ratings and any state-specific rules for the exact vehicle before purchase.

Contact a participating seller to ask about availability and schedule a test drive. Inventory and eligibility are controlled by the seller.

Warranty coverage varies by model year, trim, powertrain, original sale date, mileage, and market. Confirm the exact written warranty and remaining coverage with the manufacturer or seller.