With its distinctive retro-futuristic design, cutting-edge 800V structure, fast 350 W charging capabilities, pleasing driving expertise, and roomy inside, the Hyundai Ioniq 5 stands out as one of many prime reasonably priced electrical autos (EVs) in the marketplace. Whereas it might not maintain the title of the best possible, it actually stays a favourite amongst lovers.
Though it feels just like the Ioniq 5 has only in the near past arrived, it has really been in the marketplace for 3 years. This timeline signifies that many used fashions are actually obtainable. Moreover, the Ioniq 5 has proven vital depreciation, shedding about 32.9% of its worth throughout the first 12 months. Like many EVs, buying a used mannequin might be a beautiful choice given these circumstances.
If you’re contemplating shopping for a used Hyundai Ioniq 5, there are a number of necessary inquiries to ask.
### Which used Hyundai Ioniq 5 model do you have to purchase?
Excluding the high-performance N model, the Hyundai Ioniq 5 was launched with three fundamental variations. The bottom SE Commonplace Vary mannequin delivers 168 horsepower, a 58 kWh battery, and an EPA-rated vary of 220 miles. The RWD model will increase the output to 225 horsepower with a bigger 77.4 kWh battery, extending the vary to 303 miles. The AWD mannequin presents a extra highly effective 321 horsepower and 446 lb-ft of torque however has a diminished vary of 260 miles.
It is smart to skip the usual vary mannequin, which can lack the facility you want. The bigger battery RWD model presents stable worth with enough efficiency and vary for each day use. Nonetheless, AWD fashions are more likely to be extra available. Whereas the extra energy of the AWD model is thrilling and presents an exhilarating driving expertise, the elevated efficiency will not be important for each driver.
### How a lot does a used Hyundai Ioniq 5 value?
As beforehand talked about, the Ioniq 5 experiences vital depreciation, making used fashions fairly reasonably priced. Usually, a 2022 or 2023 Ioniq 5 might be priced between $25,000 and $35,000, with some even listed beneath $25,000 to qualify for federal tax credit for used EVs. In distinction, new giant battery Ioniq 5 fashions begin at round $46,550 and might soar into the mid-$50,000s.
### What sort of guarantee protection does a Hyundai Ioniq 5 have?
Hyundai presents the Ioniq 5 with a fundamental guarantee of 5 years or 60,000 miles, alongside a powertrain guarantee of 10 years or 100,000 miles. Most Ioniq 5s on the street as we speak ought to nonetheless have some guarantee protection remaining, particularly these not subjected to heavy use.
### Are there any identified points with used Hyundai Ioniq 5 autos?
The Ioniq 5 has been topic to recollects for points associated to the Built-in Charging Management Unit, which led to 12V battery drain. Moreover, long-term testing has revealed some complaints about rattles within the rear liftgate, which have been echoed by house owners on varied on-line boards.
One other consideration is winter visibility; Ioniq 5s manufactured earlier than the 2025 refresh lack a rear wiper for clearing snow and slush, and the inventory entrance wipers can generally detach, resulting in poor visibility.
### Must you fear about battery degradation with a used Hyundai Ioniq 5?
Lithium-ion batteries typically lose capability over time and utilization. Though there is not intensive long-term knowledge on the Ioniq 5 but, early findings point out a few 5% capability loss after 20,000 miles of use. One proprietor recorded a mere 1.4% degradation after 10,000 miles over a 12 months and a half.
The lack of vary should not pose a big concern for present used Ioniq 5 fashions, and Hyundai will restore the battery if its capability falls beneath 70%.
### Must you simply purchase a brand new 2025 Hyundai Ioniq 5 as a substitute of a used one?
Whereas the depreciation of the Ioniq 5 makes a powerful case for getting used, beneficiant incentives from Hyundai for brand new Ioniq 5s can also be price contemplating. Present presents embody cashback and zero-percent APR financing, with some leases obtainable for underneath $200 monthly on RWD fashions. Plus, the brand new 2025 mannequin qualifies for the $7,500 federal tax credit score.
Although the 2025 mannequin stays related in design, it includes a bigger battery, prolonged vary, and added conveniences resembling a rear wiper and wi-fi smartphone integration.
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