Hyundai Ioniq 5 · Cost of Ownership
Hyundai Ioniq 5 Costs
The average cost of owning a Hyundai Ioniq 5 for 5 years is $57,243. This total will vary per vehicle, driver, and location. These ownership expenses include:
Cost breakdown
5-Year Cost Breakdown
| Cost | Value | Percent |
|---|---|---|
| Depreciation | $29,569 | 52% |
| Insurance | $10,650 | 19% |
| Interest | $9,859 | 17% |
| Fuel | $4,250 | 7% |
| Maintenance | $2,915 | 5% |
Value rating
Hyundai Ioniq 5 CarMatch Value Rating
This grade is our unbiased financial assessment of whether the Hyundai Ioniq 5 is likely to be a good or poor automotive investment, based on its 5-year cost to own relative to its price. Learn more about our Value Ratings.
Depreciation
$29,56952% of 5-yr costDepreciation is the value the Hyundai Ioniq 5 sheds over five years — almost always the single largest cost of ownership. Models that hold their value shrink this number dramatically.
Insurance Premiums
$10,65019% of 5-yr costEstimated full-coverage insurance premiums for the Hyundai Ioniq 5 over five years. Your actual rate depends on driving record, location, and coverage level.
Maintenance & Repairs
$2,9155% of 5-yr costRoutine service, wear items, and out-of-warranty repairs for the Hyundai Ioniq 5. EVs and simpler powertrains typically land at the low end here.
Loan Interest
$9,85917% of 5-yr costFinance charges on a typical 60-month loan for the Hyundai Ioniq 5 at current average APRs. A larger down payment or shorter term reduces this.
Fuel Costs
$4,2507% of 5-yr costEstimated fuel or charging cost to drive the Hyundai Ioniq 5 ~15,000 miles a year for five years, based on its powertrain and typical energy prices.