I wanted to see how I liked the 2022 Hyundai Ioniq 5 SEL RWD as my EDD is not until mid May, so maybe get into a new car sooner. I very much liked the styling. As a matter of fact, I like the overall looks better than the model Y. Seat covers are very nice design, and very comfortable. I liked the 2 separate 12" dash screens, with the speedometer directly behind the steering wheel. Tremendous amount of headroom.
I drove the non-glass roof version. You have to upgrade to highest level (Limited) to get glass roof like the Y. Car had good acceleration, and was quiet. It had some features not available on the Y, such as side view mirror, blind spot detection, and had an almost perfect view through rear view mirror - much better than Y.
Frunk had almost zero space to put anything but perhaps the portable charger/cable in there. Also, rear cargo space was visually smaller than the Y. Rear seats are on tracks so you can move them forward or back, and also have recline adjustment (nice feature). The at-home charger supplied with the Ioniq is just 115v, with no option available.
Meaning you must buy your own 220v charger, which I saw online, priced around $400 - $500. Hyundai does give you 2 years free charging at Electrify America, but there are hardly any in my area, the closest being about 30 minutes away.
That was enough to rule out buying the Ioniq 5. Imagine taking a trip and having to rely on chargers that are not abundant, and I have read are often inoperable. Another minus is setting regenerative braking. It must be set each time you start the car - it doesn't stay in the mode when it was turned of - big negative. Sticker price was around $47k. I asked the salesman if they sell at msrp and he said they add $3k to sticker, plus $799 dealer fee. I later called another dealer under the same ownership, and they add $1,799 to sticker, plus dealer fee - a $1,200 savings. SEL models come with 19" wheels, while Limited has 20".
I asked my CPA about getting the $7,500 rebate, and he said I would qualify for part of it based on last years tax return, but didn't know if I could get remaining balance the following year. I thought I read that you could, so if anyone knows for sure, please leave a comment below. The dealer knew nothing about the rebate except that it is $7,500. Considering the rebate, the price of the car comes out to around $42k which I feel is a great deal on this car, if you are willing to put up with charging headaches. And our gov't. in all its wisdom, does not offer an instant rebate, therefore making you pay tax on that $7,500 rebate. I think we will be seeing a lot of these on the road soon. They have really just started to deliver them, so limited availability at this time, but they're on their way.
It will be good for Tesla to have some real competition, especially at this price point, which Tesla cannot touch. One last thing... paint colors. They have a nice variety of colors available. I'm so tired of seeing the same Tesla
colors, year in - year out. Hyundai does offer the top level trim Limited model with full glass roof (with retractable electric cover) , ventilated seats, AWD, and a lot more, but those are priced at around $55k or more and reflect a more direct comparison to the model Y. But minus $7,500.
I hope this review is helpful to those considering an Ioniq 5.
“Hyundai Ioniq 5 NE white (6).jpg” by Damian B Oh is licensed under CC BY-ND 4.0.
I drove the non-glass roof version. You have to upgrade to highest level (Limited) to get glass roof like the Y. Car had good acceleration, and was quiet. It had some features not available on the Y, such as side view mirror, blind spot detection, and had an almost perfect view through rear view mirror - much better than Y.
Frunk had almost zero space to put anything but perhaps the portable charger/cable in there. Also, rear cargo space was visually smaller than the Y. Rear seats are on tracks so you can move them forward or back, and also have recline adjustment (nice feature). The at-home charger supplied with the Ioniq is just 115v, with no option available.
Meaning you must buy your own 220v charger, which I saw online, priced around $400 - $500. Hyundai does give you 2 years free charging at Electrify America, but there are hardly any in my area, the closest being about 30 minutes away.
That was enough to rule out buying the Ioniq 5. Imagine taking a trip and having to rely on chargers that are not abundant, and I have read are often inoperable. Another minus is setting regenerative braking. It must be set each time you start the car - it doesn't stay in the mode when it was turned of - big negative. Sticker price was around $47k. I asked the salesman if they sell at msrp and he said they add $3k to sticker, plus $799 dealer fee. I later called another dealer under the same ownership, and they add $1,799 to sticker, plus dealer fee - a $1,200 savings. SEL models come with 19" wheels, while Limited has 20".
I asked my CPA about getting the $7,500 rebate, and he said I would qualify for part of it based on last years tax return, but didn't know if I could get remaining balance the following year. I thought I read that you could, so if anyone knows for sure, please leave a comment below. The dealer knew nothing about the rebate except that it is $7,500. Considering the rebate, the price of the car comes out to around $42k which I feel is a great deal on this car, if you are willing to put up with charging headaches. And our gov't. in all its wisdom, does not offer an instant rebate, therefore making you pay tax on that $7,500 rebate. I think we will be seeing a lot of these on the road soon. They have really just started to deliver them, so limited availability at this time, but they're on their way.
It will be good for Tesla to have some real competition, especially at this price point, which Tesla cannot touch. One last thing... paint colors. They have a nice variety of colors available. I'm so tired of seeing the same Tesla
colors, year in - year out. Hyundai does offer the top level trim Limited model with full glass roof (with retractable electric cover) , ventilated seats, AWD, and a lot more, but those are priced at around $55k or more and reflect a more direct comparison to the model Y. But minus $7,500.
I hope this review is helpful to those considering an Ioniq 5.
“Hyundai Ioniq 5 NE white (6).jpg” by Damian B Oh is licensed under CC BY-ND 4.0.
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And of course, the ones available now are over $600 while the Tesla adapter is supposed to be priced similarly to the South Korea version which is $250. I check a couple times each day to see if it's available yet.
