You currently have three different spec levels, two batteries and three power outputs to choose from, though in reality your choice is a little simpler, especially if you’re looking for a bargain at the bottom of the range. Prices start at a touch over £37,000 for the entry SE Connect model, which only comes with the smaller 58kWh battery, which in turn only comes mated to the 168bhp motor. If you’re in love with the looks and don’t need more than 200 miles of range in the real world, it’s all you need – especially as equipment levels are so generous.
Craving more? Upgrading to the bigger battery costs £2,650 with like-for-like equipment, or £5,850 if you want the full 300bhp powerplant. If you want your IONIQ 5 to be a tech and comfort showcase, then you need Ultimate spec, which brings 20in alloys to the two more potent powertrains, while boosting the interior with 64-colour ambient lighting and the option of those lie-flat front seats. It’s £42,040 with the smaller battery, rising to a nudge under £50,000 with the full-fat battery and motor. Lots for a Hyundai, but it’s a Hyundai with lots built into it.
Smaller battery sizes than its Kia EV6 cousin lead to smaller charging costs. A complete charge on a home wall box is less than a tenner, while you’re looking at roughly £8 for an 80 per cent charge on a fast street charger. Given a similarly sized petrol-powered crossover is going to cost at least £40 over a 250-mile journey, those are strong numbers indeed.
Insurance groups look on par for the class – similar to an Audi Q4 e-tron’s, for instance – showing the level Hyundai now operates at. But the company hasn’t abandoned its value roots entirely, and the IONIQ 5’s warranty matches the rest of the Korean company’s products, at a massive five years with unlimited mileage.