The Hyundai Ioniq 5 is one of the most exciting electric vehicles on sale today. It has been around for a year or two now and it seems like it keeps on ticking as Hyundai can’t make enough of them. There are many reasons why the Ioniq 5 is such a good car, but in this article, we are going to list 5 reasons to buy a Hyundai Ioniq 5 and one reason not to.
This will offer you a better understating of how competitive the Ioniq 5 truly is and what you get for your money compared to other EVs on the market. The first reason is the price as the Ioniq 5 offers a lot of functionalities for a price that isn’t too hard to swallow. The next reason is based on practicality as the Ioniq 5 offers lots of space for you, your friends, and your cargo.
The third reason is the range because you get plenty of it. The fourth reason why you should opt for the Ioniq 5 is technology as the Ioniq 5 offers pretty much everything you’d expect from a state-of-the-art EV. The fifth and final reason why you should opt for the Hyundai Ioniq 5 is its comprehensive warranty and great reliability.
However, not everything is as perfect as you’d want it to be as the Ioniq 5 is not the only impressive electric car on this list. This is going to be the reason why it’s feasible to skip the Ioniq 5 and go for one of its fierce competitors.
Reason 1 to buy the Ioniq 5 – Pricing
The Hyundai Ioniq 5 is available in four different trim levels. The entry-level SE Standard Range model costs $40,000 and has a 58kWh battery. The SE, SEL, and Limited trims all get the larger 77kWh battery with 225hp instead of the rather measly 168hp in the SE model. You can also go for a 320hp top-end AWD model which costs around $57,000.
For a spot of context, the Ioniq 5 is cheaper than the Ford Mustang EV and the Kia EV6, but it is more expensive than the VW ID.4.
Reason 2 buy the Ioniq 5 – Practicality
The Hyundai Ioniq 5 is designed to be a family car which means that it should offer an abundance of space. Thankfully, the Ioniq 5 is one of the most practical cars out of its segment as it offers lots of seating and cargo space and four adults will have absolutely no issues on long-distance journeys.
The Ioniq 5 may seem like a hatchback in pictures, but it is actually longer than the 4-door Ford Bronco and only 15 millimeters shorter than the Chevy Equinox. Maximum cargo space is rated at 27.2 cubic feet which can be extended to almost 60 cubic feet with the rear seats folded down. Moreover, it also gets a front trunk.
Reason 3 buy the Ioniq 5 – Range
Probably the most worrisome aspect of owning an electric car is range anxiety. Because most of these cars don’t offer the same range as similar combustion engine models, people switching toward EVs might feel a bit worried. Thankfully, the Ioniq 5 offers a range of up to 303 miles if you go for the long-range 77kWh single-motor model.
The entry-level Ioniq 5 can do around 220 miles, both of which are excellent considering the car’s pricing.
Reason 4 buy the Ioniq 5 – Technology
Modern-day EVs need to be packed with technology to the brim, otherwise, they won’t be as exciting as they can be. Thankfully, the Ioniq 5 offers many neat party tricks that will both elevate your comfort, and make your driving experience a lot more entertaining. The top-end Limited trim offers a fully reclining driver’s seat, an 800-volt architecture, a maximum 350kW DC fast-charging rate, and V2L charging.
Moreover, the Ioniq 5 also gets an advanced HUD, remote parking assist, interesting nature relaxation sounds, a fast and responsive infotainment screen, and a cool-looking pixelated exterior design.
Reason 5 to buy the Ioniq 5 – Warranty
As a prospective customer, you might appreciate this section of the article the most because the Ionia 5 comes with a 10-year/100k miles powertrain warranty which is an upgrade over the 8-year warranty found with most EVs these days. The basic Ioniq 5 warranty is 5-years/60k miles warranty which is also better than most EVs out there.
Reason NOT to buy the Ioniq 5 – The Competition
If the Ioniq 5 was to exist in a world where the Tesla Model 3 didn’t exist, I would recommend buying it in a heartbeat. However, the Model 3 is faster, more agile, handles better, is more desirable, has a more advanced adaptive cruise system, comes with more technology, and enables you to use Tesla’s supercharger network.
Even though the Ioniq 5 is arguably more comfortable and has more space, the Tesla Model 3 is much easier to live with overall.
How long is the wait for Hyundai Ioniq 5?
We have already mentioned that the Ioniq 5 is a tremendously popular car which means that availability might not be as good as you’d want it to be. According to reputable sources, the waiting list for a brand-new Ioniq 5 is around 8-12 months, but it can also be extended to 18 months in certain situations.
This is a long time to wait for a car that promises high-end tech as many upcoming EVs in the next year and a half are likely to be better.
What is the best Hyundai Ioniq 5 model to buy?
The best Hyundai Ioniq 5 model to get is likely the mid-spec SEL with its larger 77kWh battery and a single motor configuration that will offer you a maximum of 303 miles on a full charge. Going for a dual-motor Ioniq 5 will give you more power, but it will cost you a lot more money and is going to shorten your maximum range.
Is the Hyundai Ioniq 5 worth it?
Yes, it is. The Hyundai Ioniq 5 is a really competitive car as it offers a great all-around experience for both families and individuals. With a great-looking exterior, lots of range, and great technology, the Ioniq 5 is certainly worth it.