New Hyundai Ioniq 5 models start in the low $40,000s before destination charges, while the traditional Ioniq Electric is generally sold only on the used market, with typical prices in the teens to mid-$20,000s depending on year and mileage.
Pricing snapshot: new vs. used
Prices for Hyundai’s Ioniq family vary by model year, trim, and region. Here is a concise look at what buyers are likely to encounter today.
New Hyundai Ioniq 5 pricing
- Base Ioniq 5 SE Standard Range (RWD): starting in the low $40,000s before fees and incentives.
- Mid-range trims (SEL, with or without extended range): typically mid-$40,000s to around $50,000 before incentives.
- Top trims (Limited, often AWD with longer-range options): commonly in the $50,000s to the upper $50,000s range, before incentives.
Prices shown above reflect U.S. market pricing in broad terms. Actual prices vary by dealer, destination charges, options, and local incentives or taxes.
Used Hyundai Ioniq Electric pricing
- Used Ioniq Electric (model years 2017–2019/2020 in some markets): generally ranges from the teens into the mid-$20,000s, depending on year, battery condition, mileage, and overall wear.
- Higher-mileage or earlier-model examples will trend toward the lower end of that range, while well-cared-for units with lower miles can fetch toward the upper end.
Used-market prices for the Ioniq Electric can vary significantly by region and availability. Check current listings for the most precise figures in your area.
What affects the price
- Model year and generation (newer models command higher prices).
- Trim level and options (battery size, drivetrain, technology packages).
- New vs. used status and vehicle mileage.
- Incentives, rebates, and regional taxes or fees.
- Dealer supply, demand, and regional market dynamics.
Understanding these factors helps buyers evaluate value and know what to expect when negotiating a price.
Where to shop and tips for getting the best deal
To find the best price, compare quotes from multiple dealers, check regional incentives, and consider certified pre-owned options. For the Ioniq Electric, explore reputable used-car listings to gauge mileage, battery health, and prior ownership, while for the Ioniq 5, factor in destination charges and any optional packages that affect value.
Summary
The Hyundai Ioniq EV landscape today centers on the Ioniq 5 as the current new-electrics offering, with price typically starting in the low $40,000s and climbing with trims and options. The older Ioniq Electric remains a part of the used-car market, with prices largely driven by year, mileage, and condition. Prospective buyers should consider incentives, regional differences, and total cost of ownership when evaluating a purchase.