2024 Hyundai IONIQ 5
With up to 303 miles of electric range and prices from $41,800 to $59,400, the 2024 Hyundai IONIQ 5 is an all-electric SUV. Below you will find crash test ratings, energy costs, reliability data, and specifications from EPA, NHTSA, IIHS, and other sources.
Among 199 mid-range SUVs, the 2024 Hyundai IONIQ 5 earns a B for fuel cost. NHTSA rates it at 5 stars. RepairPal gives it 4.0 out of 5 for reliability. NHTSA has 2 recall campaigns on file for this vehicle.
What the published data indicates
Compared with similar SUVs in our dataset, the clearest positive signals for the 2024 Hyundai IONIQ 5 are high published crash-test results and an above-average RepairPal reliability rating, with lower estimated fuel cost, but there is a high volume of owner-reported problems on file.
- safety
- reliability
- fuel cost
Strongest published signals
- Safety: 5-star NHTSA. Safest SUVs 2024 →
- Reliability: RepairPal 4.0/5 from RepairPal.
- Fuel: Below-average fuel cost among electric SUVs. Best-case annual fuel cost is $700. Cheapest SUVs to fuel 2024 →
Limits and cautions
- NHTSA has 171 owner complaints on file, compared to an average of 54 for 2024 SUVs. Top reported areas include Electrical, Fuel System, Powertrain.
- There are 2 recalls on file already, even if that still lands near the current class average. Zero-recall cars 2024 →
- AAA estimates $4,960/yr in depreciation for the Compact SUV (Electric) class, which is above the $3,554 average for conventional vehicles. This is a class-level estimate.
Comparable models
- Starting MSRP
- $41,800 - $59,400
- EPA Electric Range
- 303 mi range
- NHTSA Safety Rating
- 5-Star (Highest)
- Est. Annual Fuel Cost
- $700/yr
- Recalls on File
- 2 recalls on file
- EPA: vs Avg Vehicle
- Save $4,250 over 5 yrs
- Owner Complaints
- 171 on file
- Brand Origin
- South Korea
How Safe Is the 2024 Hyundai IONIQ 5?
NHTSA awarded the 2024 Hyundai IONIQ 5 a 5-star overall rating, the highest available. This places it among the 82% of SUVs that earned top marks in frontal, side, and rollover crash tests. Source: NHTSA.
Overall Safety
82% of SUVs share this top rating
| Category | Rating |
|---|---|
| Frontal Crash | |
| Side Crash | |
| Rollover |
Rollover Risk: 8.3%
| Feature | Availability |
|---|---|
| Forward Collision Warning | Standard & Optional |
| Lane Departure Warning | Standard |
| Crash Imminent Braking | Standard & Optional |
| Dynamic Brake Support | Standard & Optional |
NHTSA evaluates frontal, side, and rollover performance. IIHS adds small overlap and roof strength tests. Both sets of results are shown here.
How Did the 2024 Hyundai IONIQ 5 Perform in IIHS Crash Tests?
IIHS has tested the 2024 Hyundai IONIQ 5 but did not award a Top Safety Pick designation. Individual test ratings are shown below. IIHS tests complement NHTSA ratings by evaluating different crash scenarios. Source: IIHS.
| Test | Rating |
|---|---|
| Small Overlap Front | G Good |
| Moderate Overlap Front | G Good |
| Side | G Good |
| Headlights | G Good |
| Seat Belt Reminders | G Good |
| Child Seat Anchors (LATCH) | A Acceptable |
IIHS vehicle class: Small SUVs
Crash tests measure how a vehicle performs in a collision. Recall data reveals whether the manufacturer or NHTSA has found safety defects requiring correction.
Does the 2024 Hyundai IONIQ 5 Have Any Recalls?
NHTSA has 2 recall campaigns on file for the 2024 Hyundai IONIQ 5, affecting ELECTRICAL SYSTEM:12V/24V/48V BATTERY, ELECTRICAL SYSTEM:PROPULSION SYSTEM:CHARGING:MODULE:SOFTWARE. This is typical for SUVs, which average 1.8 recall campaigns. Recall repairs are provided free at authorized dealers. Source: NHTSA.
2 recall campaigns on file with NHTSA.
Components: ELECTRICAL SYSTEM:12V/24V/48V BATTERY, ELECTRICAL SYSTEM:PROPULSION SYSTEM:CHARGING:MODULE:SOFTWARE
Most recent: November 2024
Units affected: 1,281,834
Owner-Reported Problems
NHTSA has 171 owner complaints on file for the 2024 Hyundai IONIQ 5. This is well above the average of 54 complaints for 2024 SUVs. Owner complaints are self-reported and unverified, but patterns across many reports can indicate real issues.
99 in the last 90 days · 140 in the last 12 months · most recent filed 2026-03-04
Safety-relevant complaints: At least one complaint includes crash reported. Review individual reports on NHTSA.gov for details.
Most-reported problem areas
- Electrical137
- Fuel System40
- Powertrain31
- Engine15
- ADAS / Safety Tech10
Source: NHTSA Vehicle Complaints Database. Data last refreshed 2026-03-07.
Safety data covered, the next consideration is what this vehicle costs to run. Fuel economy is where most owners feel the difference between trims.
What Is the 2024 Hyundai IONIQ 5 Fuel Economy?
The 2024 Hyundai IONIQ 5 offers up to 303 miles of EPA-rated range with an estimated annual energy cost of $700. Electric vehicles typically cost significantly less to fuel than gasoline equivalents. EPA range estimates are based on standardized testing. Real-world range varies with driving conditions, temperature, and speed. Source: EPA (fueleconomy.gov).
| Trim | Combined | City | Highway | Annual Fuel Cost | EV Range |
|---|---|---|---|---|---|
| SE Standard Range RWD EV | 114 MPGe | 132 | 98 | $700/yr | 303 mi |
| SE RWD EV | 114 MPGe | 132 | 98 | $700/yr | 303 mi |
| SEL RWD EV | 114 MPGe | 132 | 98 | $700/yr | 303 mi |
| SE AWD EV | 114 MPGe | 132 | 98 | $700/yr | 303 mi |
| SEL AWD EV | 114 MPGe | 132 | 98 | $700/yr | 303 mi |
| Limited RWD EV | 114 MPGe | 132 | 98 | $700/yr | 303 mi |
| Limited AWD EV | 114 MPGe | 132 | 98 | $700/yr | 303 mi |
| Disney100 Platinum Edition AWD | 114 MPGe | 132 | 98 | $700/yr | 303 mi |
Fuel costs are predictable from EPA data. The less visible costs, insurance, maintenance, and depreciation, are estimated by AAA for this vehicle class.
What Does the 2024 Hyundai IONIQ 5 Cost to Own?
Estimated 5-year total ownership cost for the 2024 Hyundai IONIQ 5 ranges from $87,485 to $105,085 depending on trim, based on AAA's Your Driving Costs study for the Compact SUV (Electric) class. This includes insurance, maintenance, depreciation, registration, and financing. These are class averages, not specific to this model. Source: AAA.
| Maintenance | $1,449/yr |
|---|---|
| Insurance | $2,028/yr |
| Depreciation | $4,960/yr |
| Registration & Taxes | $895/yr |
| Financing | $1,121/yr |
| Total (excluding fuel) | $11,192/yr |
With 8 trims available, the cost and equipment differences are worth examining. The comparison below shows how price, fuel economy, and features vary.
How Do the 2024 Hyundai IONIQ 5 Trims Compare?
With 8 trims priced from $41,800 to $59,400, the 2024 Hyundai IONIQ 5 offers a range of equipment levels. All trims use a Electric powertrain. MSRP figures below do not include destination, taxes, or dealer fees.
| Trim | Base MSRP | Drive Type | Horsepower | Curb Weight | Est. 5-Year Cost | EV Range (mi) |
|---|---|---|---|---|---|---|
| SE Standard Range RWD EV | $41,800 | RWD | 168 hp | 4,023 lbs | $87,485 | 303 mi |
| SE RWD EV | $45,850 | RWD | 225 hp | 4,255 lbs | $91,535 | 303 mi |
| SEL RWD EV | $47,400 | RWD | 225 hp | 4,297 lbs | $93,085 | 303 mi |
| SE AWD EV | $49,350 | AWD | 320 hp | 4,519 lbs | $95,035 | 303 mi |
| SEL AWD EV | $50,900 | AWD | 320 hp | 4,546 lbs | $96,585 | 303 mi |
| Limited RWD EV | $53,500 | RWD | 225 hp | 4,469 lbs | $99,185 | 303 mi |
| Limited AWD EV | $57,400 | AWD | 320 hp | 4,718 lbs | $103,085 | 303 mi |
| Disney100 Platinum Edition AWD | $59,400 | AWD | 320 hp | 4,718 lbs | $105,085 | 303 mi |
View full trim timeline (2024–2026)
| Trim | 2024 | 2025 | 2026 |
|---|---|---|---|
| SE Standard Range RWD EV | $41,800 114 MPG | — | $35,000 114 MPG |
| SE RWD EV | $45,850 114 MPG | — | $37,500 114 MPG |
| SEL RWD EV | $47,400 114 MPG | — | $39,800 114 MPG |
| SE AWD EV | $49,350 114 MPG | — | $41,000 114 MPG |
| SEL AWD EV | $50,900 114 MPG | — | $43,300 114 MPG |
| Limited RWD EV | $53,500 114 MPG | — | $45,075 114 MPG |
| Limited AWD EV | $57,400 114 MPG | — | $48,975 114 MPG |
Compare Trim Costs
Select two trims and adjust your driving and financing to see how monthly costs compare. Only costs we can compute from EPA data and your inputs are shown. No estimates, no guesses.
Your driving & financing
Beyond the purchase decision, the next question is long-term dependability. Here is the reliability rating currently available for this vehicle.
How Reliable Is the 2024 Hyundai IONIQ 5?
With a 4.0/5.0 reliability score from RepairPal, the 2024 Hyundai IONIQ 5 rates above average for mid-range SUVs. Fewer shop visits and lower repair costs are expected compared to peers. Source: RepairPal.
Hyundai backs this vehicle with the following warranty terms. Coverage begins from the original purchase date.
What Warranty Does the 2024 Hyundai IONIQ 5 Come With?
Hyundai provides the following warranty coverage for the 2024 IONIQ 5. Warranty terms are published by the manufacturer and apply to all trims. Coverage begins from the date of original purchase. Warranty terms shown here reflect the most recently published manufacturer data.
| Basic Warranty | 5yr/60k |
|---|---|
| Powertrain Warranty | 10yr/100k |
| Corrosion Warranty | 7yr/unlimited |
| Roadside Assistance | 5yr/unlimited |
What Are the 2024 Hyundai IONIQ 5 Specs?
Detailed specifications for the 2024 Hyundai IONIQ 5 as reported by the manufacturer. Specifications may vary by trim, market, and production date. Source: manufacturer-reported data.
| Horsepower | 168 - 320 hp |
|---|---|
| Torque | 258 - 446 lb-ft |
| Transmission | 1-speed direct drive |
| Drive Type | Rear-Wheel Drive, All-Wheel Drive |
| Fuel Type | electric |
| Length | 182.5 in |
|---|---|
| Width | 74.4 in |
| Height | 63.0 in |
| Wheelbase | 118.1 in |
| Curb Weight | 4,023 - 4,718 lbs |
That is the complete data picture for the 2024 Hyundai IONIQ 5 based on published data from EPA, NHTSA, IIHS, AAA, manufacturers, and selected third-party references as of the dates shown above. If any of these agencies publishes updated data, this page will reflect those changes automatically. For questions about how this data is collected and verified, see our methodology page.
2024 Hyundai IONIQ 5 FAQ
How does the 2024 Hyundai IONIQ 5 compare to other suvs?
Based on published data, the 2024 Hyundai IONIQ 5 has a safety grade of B, a fuel cost grade of B, a RepairPal reliability score of 4.0/5, and only 2 recalls on file. These grades compare it against similar suvs in its price range. No single metric tells the whole story, so we recommend reviewing each section on this page. See our Safest SUVs 2024 list.
Which 2024 Hyundai IONIQ 5 trim has the lowest ownership cost?
Among 8 available trims, the SE Standard Range RWD EV has the lowest estimated five-year ownership cost at $87,485, starting at $41,800 MSRP. The most expensive trim to own is about $105,085. See the full trim comparison table above for a side-by-side breakdown.
How much does 2024 Hyundai IONIQ 5 insurance cost?
AAA estimates the annual insurance cost for the Compact SUV (Electric) class at $2,028 per year, or about $169 per month. This is a class-level average, not specific to the 2024 Hyundai IONIQ 5. Your actual premium will depend on your driving history, location, and coverage choices. Source: AAA Your Driving Costs study.
How much does 2024 Hyundai IONIQ 5 maintenance cost per year?
AAA estimates average annual maintenance for the Compact SUV (Electric) class at $1,449 per year. This covers routine services, wear items, and unscheduled repairs. Combined with insurance ($2,028/yr) and depreciation ($4,960/yr), total non-fuel ownership costs run about $11,192 per year. These are class averages from the AAA Your Driving Costs study.
How fast does a 2024 Hyundai IONIQ 5 depreciate?
AAA estimates the Compact SUV (Electric) class depreciates about $4,960 per year, or roughly $24,800 over five years. On a base MSRP of $41,800, that represents about 59% of the purchase price. These are class averages and actual depreciation varies by trim, condition, mileage, and market demand. Source: AAA.
How much does it cost to charge a 2024 Hyundai IONIQ 5?
The most efficient 2024 Hyundai IONIQ 5 trim costs an estimated $700 per year in energy, or about $58 per month, based on EPA ratings and national average electricity prices. That is about $1,008 less than the average for similar suvs. See our Cheapest SUVs to fuel 2024 list.
What vehicles compete with the 2024 Hyundai IONIQ 5?
Based on price range, body type, and segment positioning, the closest competitors to the 2024 Hyundai IONIQ 5 include 2024 Honda Passport, 2024 Jeep Grand Cherokee L, and 2024 GMC Acadia. Each of those pages includes the same safety, fuel cost, reliability, and recall data so you can compare directly. Browse all 2024 SUVs.
How much does a 2024 Hyundai IONIQ 5 cost per month to own?
Excluding your car payment, estimated monthly costs for the 2024 Hyundai IONIQ 5 include about $933 for insurance, maintenance, depreciation, and fees, plus roughly $58 for fuel. That puts non-payment running costs around $991 per month. These are estimates based on AAA class averages and EPA fuel data. Actual costs depend on your driving, location, and coverage.
Is the 2024 Hyundai IONIQ 5 electric?
Yes, the 2024 Hyundai IONIQ 5 is a fully electric vehicle. It offers 303 mi range. Electric vehicles have no direct fuel costs but do use electricity. See our All electric vehicles 2024 list.
Is the 2024 Hyundai IONIQ 5 safe for families?
The 2024 Hyundai IONIQ 5 earned NHTSA's highest 5-star overall safety rating, which evaluates frontal crash, side crash, and rollover resistance. A 5-star rating does not guarantee safety in every situation but indicates strong performance in standardized crash tests. See our Safest SUVs 2024 list.
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Data on this page is compiled from government agencies and independent research organizations. It is provided for informational purposes only and does not constitute financial, purchasing, or safety advice. Verify all data with the original source before making decisions.