Cabin versatility is improved by the ability to slide the rear seats back and forth by up to 135mm, while the boot capacity is excellent, at 527 litres with the rear seats in use, or 1,587 litres with them folded flat; there’s also a 57-litre storage area under the bonnet.
Running costs
The Ioniq 5 needs to be serviced every two years or 20,000 miles, although an optional 12-month or 10,000-mile service is also available for £104. Stick with maintenance every year and services alternate between Minor and Major at £227 and £581. Both include fresh brake fluid; the latter includes new battery coolant, which is due every four years.
All Ioniq 5s will be subject to VED from April 2025, at the rate of £195 per year. Most Ioniq 5s cost more than £40,000 new, and although the annual £410 luxury car tax supplement won’t be levied against cars registered before 1 April 2025, models after that will be liable.
Insurance groups are fairly high at 29-41, although unsurprisingly, the Ioniq 5 N sits in group 49, so you’ll pay plenty to cover one of these.
Recalls
Hyundai has recalled the Ioniq 5 four times so far, initially in June 2022 because more than 6,000 cars left the factory with a faulty handbrake; the fix was a software update.
The second recall came in March 2023, because some Ioniq 5s made between July and November 2022 had incorrect VIN labels.
Two recalls were issued in May 2024, the first because more than 16,000 Ioniq 5s made up to February 2024 potentially had a faulty charging control unit that could lead to the car going into limp mode. The other recall was because of sub-standard driveshafts fitted to some Ioniq 5s made in 2023.
Driver Power owner satisfaction
The Ioniq 5 hasn’t appeared in Driver Power; in our 2024 poll Hyundai didn’t appear at all. It was in our 2023 survey, with the Kona coming 16th out of 75, while the Ioniq managed 11th. There’s one owner review on CarBuyer.co.uk – a ringing endorsement with the maximum five stars.
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