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The Hyundai IONIQ 5 is an all-electric compact crossover introduced in 2021, offering advanced tech, fast charging, and impressive range. As it’s a relatively new vehicle, there isn’t extensive data on long-term defects, but early reviews and user reports provide insight into potential issues, things to watch out for in a used model, and maintenance costs.
1. Common Defects and Known Issues
Software Bugs: Some owners have reported issues with the vehicle’s software, including the infotainment system freezing or rebooting unexpectedly. These bugs have typically been resolved with over-the-air (OTA) updates, so make sure the vehicle has the latest software version.
Charging Issues: There have been a few complaints about inconsistent charging performance, especially with DC fast chargers. In some cases, the vehicle might not reach the expected charging speeds. This could be a result of battery management system settings or specific chargers.
Creaking Noises from Suspension: A few IONIQ 5 owners have reported hearing creaking or squeaking noises from the suspension, particularly when driving over bumps. This may not indicate a major defect, but it’s something to check on a test drive.
12V Battery Draining: The IONIQ 5, like some other EVs, uses a small 12V auxiliary battery. There have been reports of this battery draining quickly, causing the car to fail to start even if the main high-voltage battery is charged.
2. Things to Pay Attention to in Used Condition
Battery Health: Since the IONIQ 5 is an electric vehicle (EV), battery health is one of the most important aspects to check. Ask for a battery health report to ensure that the battery retains its capacity. A high-mileage EV may experience battery degradation, which reduces range.
Charging Port and Cables: Inspect the charging port for any signs of wear or damage. If the vehicle includes its original charging cable, make sure it’s functioning properly.
Service Records: Ensure the vehicle has received any necessary software updates and has undergone routine maintenance checks, particularly those related to the battery and electric drivetrain.
Suspension and Brakes: Test the car over uneven roads and listen for any suspension noises. Electric vehicles often experience less brake wear due to regenerative braking, but it’s still wise to check the condition of the brake pads and rotors.
Infotainment System: Ensure that the infotainment system is working smoothly without any freezes or delays. Test the touchscreen, navigation, and Bluetooth features.
Warranty: Hyundai offers an 8-year/100,000-mile warranty on the battery, so check if the vehicle is still covered under warranty, which can provide peace of mind for major repairs.
3. Annual Running Costs
Electricity Costs: Charging costs will depend on local electricity rates. The IONIQ 5 offers an estimated range of 220-300 miles (depending on the battery version), and it takes roughly 70-80 kWh to fully charge. Calculate your costs based on your area’s electricity rate per kWh. For example, at $0.13 per kWh, a full charge would cost about $9 to $10.
Insurance: Insurance premiums for the IONIQ 5 are moderate to high, as it’s a premium electric vehicle. Expect annual costs to range between $1,200 and $1,800 depending on location, driving history, and coverage level.
Maintenance and Repairs: Electric vehicles tend to have lower maintenance costs than gasoline-powered cars because they have fewer moving parts (no engine oil changes, timing belts, etc.). Annual maintenance, including checks on the tires, brakes, and coolant for the electric motor, is estimated to be between $200 and $400. However, out-of-warranty repairs to the battery or other high-tech components can be expensive.
Depreciation: EVs tend to depreciate faster than traditional cars, but this trend is starting to slow as demand for used EVs grows. Still, expect the IONIQ 5 to lose value more quickly than some internal combustion engine vehicles.
4. Rust Resistance
The Hyundai IONIQ 5 has not had reports of significant rust issues, as it’s a relatively new model and Hyundai uses rust-resistant materials and coatings. However, like any car, rust could develop over time, especially in climates with harsh winters or exposure to road salt.
Areas to Inspect: Check the wheel wells, door sills, and undercarriage for any early signs of rust. Pay particular attention to vehicles that have been driven in snow-prone areas where road salt is used.
Prevention: If you’re in an area prone to rust, consider applying an anti-rust treatment or undercoating to further protect the vehicle.
Conclusion
The Hyundai IONIQ 5 is a tech-packed, efficient, and stylish electric vehicle with a few areas to keep in mind when buying used:
Check the battery health and ensure that any software issues have been resolved with updates.
Pay attention to potential suspension noise and ensure that the charging system works as expected.
The annual costs are relatively low for an EV, especially for maintenance, though insurance may be on the higher side.
While rust isn’t a major concern, it’s always good to inspect the underbody and other vulnerable spots for potential corrosion.
If well-maintained, the IONIQ 5 should offer years of efficient driving with minimal issues.
1. Common Defects and Known Issues
Software Bugs: Some owners have reported issues with the vehicle’s software, including the infotainment system freezing or rebooting unexpectedly. These bugs have typically been resolved with over-the-air (OTA) updates, so make sure the vehicle has the latest software version.
Charging Issues: There have been a few complaints about inconsistent charging performance, especially with DC fast chargers. In some cases, the vehicle might not reach the expected charging speeds. This could be a result of battery management system settings or specific chargers.
Creaking Noises from Suspension: A few IONIQ 5 owners have reported hearing creaking or squeaking noises from the suspension, particularly when driving over bumps. This may not indicate a major defect, but it’s something to check on a test drive.
12V Battery Draining: The IONIQ 5, like some other EVs, uses a small 12V auxiliary battery. There have been reports of this battery draining quickly, causing the car to fail to start even if the main high-voltage battery is charged.
2. Things to Pay Attention to in Used Condition
Battery Health: Since the IONIQ 5 is an electric vehicle (EV), battery health is one of the most important aspects to check. Ask for a battery health report to ensure that the battery retains its capacity. A high-mileage EV may experience battery degradation, which reduces range.
Charging Port and Cables: Inspect the charging port for any signs of wear or damage. If the vehicle includes its original charging cable, make sure it’s functioning properly.
Service Records: Ensure the vehicle has received any necessary software updates and has undergone routine maintenance checks, particularly those related to the battery and electric drivetrain.
Suspension and Brakes: Test the car over uneven roads and listen for any suspension noises. Electric vehicles often experience less brake wear due to regenerative braking, but it’s still wise to check the condition of the brake pads and rotors.
Infotainment System: Ensure that the infotainment system is working smoothly without any freezes or delays. Test the touchscreen, navigation, and Bluetooth features.
Warranty: Hyundai offers an 8-year/100,000-mile warranty on the battery, so check if the vehicle is still covered under warranty, which can provide peace of mind for major repairs.
3. Annual Running Costs
Electricity Costs: Charging costs will depend on local electricity rates. The IONIQ 5 offers an estimated range of 220-300 miles (depending on the battery version), and it takes roughly 70-80 kWh to fully charge. Calculate your costs based on your area’s electricity rate per kWh. For example, at $0.13 per kWh, a full charge would cost about $9 to $10.
Insurance: Insurance premiums for the IONIQ 5 are moderate to high, as it’s a premium electric vehicle. Expect annual costs to range between $1,200 and $1,800 depending on location, driving history, and coverage level.
Maintenance and Repairs: Electric vehicles tend to have lower maintenance costs than gasoline-powered cars because they have fewer moving parts (no engine oil changes, timing belts, etc.). Annual maintenance, including checks on the tires, brakes, and coolant for the electric motor, is estimated to be between $200 and $400. However, out-of-warranty repairs to the battery or other high-tech components can be expensive.
Depreciation: EVs tend to depreciate faster than traditional cars, but this trend is starting to slow as demand for used EVs grows. Still, expect the IONIQ 5 to lose value more quickly than some internal combustion engine vehicles.
4. Rust Resistance
The Hyundai IONIQ 5 has not had reports of significant rust issues, as it’s a relatively new model and Hyundai uses rust-resistant materials and coatings. However, like any car, rust could develop over time, especially in climates with harsh winters or exposure to road salt.
Areas to Inspect: Check the wheel wells, door sills, and undercarriage for any early signs of rust. Pay particular attention to vehicles that have been driven in snow-prone areas where road salt is used.
Prevention: If you’re in an area prone to rust, consider applying an anti-rust treatment or undercoating to further protect the vehicle.
Conclusion
The Hyundai IONIQ 5 is a tech-packed, efficient, and stylish electric vehicle with a few areas to keep in mind when buying used:
Check the battery health and ensure that any software issues have been resolved with updates.
Pay attention to potential suspension noise and ensure that the charging system works as expected.
The annual costs are relatively low for an EV, especially for maintenance, though insurance may be on the higher side.
While rust isn’t a major concern, it’s always good to inspect the underbody and other vulnerable spots for potential corrosion.
If well-maintained, the IONIQ 5 should offer years of efficient driving with minimal issues.