Why Lease The Ioniq 5?
by: Alex BradleyAlex Bradley is a skilled writer and digital content specialist focusing on automotive and sports. He has a degree in Multimedia Journalism and previously worked for The Northern Quota as Head Sports Editor.
Hyundai Ioniq 5 Review 2023
The Hyundai Ioniq 5 is an electric compact crossover SUV. Coming with a well-styled exterior, a practical interior, and a great range of technology, the Ioniq 5 would be a good choice for a family lease car.
Rivals to the Hyundai Ioniq 5 include the Kia EV6, Skoda Enyaq iV, Tesla Model Y, and Volkswagen ID.4.
Hyundai Ioniq 5 Pros:
- Styling is superb
- Well-built and practical interior
- Good technology that's easy to use
Hyundai Ioniq 5 Cons:
- Not as good to drive as rivals
- Lacking premium materials inside
- Range not as good as rivals
Our Hyundai Ioniq 5 review covers:
Hyundai Ioniq 5 Key Features:
- Futuristic styling with memorable alloy wheels
- Well-built and practical interior with dual-screen system
- 527-litre boot
- Three electric engines are available: Two single-motor versions and one dual motor
- Three trim levels are available: Premium, Ultimate, and Namsan Edition
Design, Practicality and Boot Space
The exterior design of the Ioniq 5 is a great balance of futurism and style. The body is quite round, and without any chunky features you might find on other all-electric cars. The front and rear lights are pixelated, which is superb, and the wheel design is an absolute pleasure to look at.
Inside the Ioniq 5, there's plenty of space for anyone over six feet tall. There's loads of leg and headroom up front, and in the back, there's enough room for three passengers thanks to no hump on the floor. The Ioniq 5 is pretty practical, but if you want loads of room, look towards the Tesla Model Y or Volkswagen ID.4.
Storage is excellent in the Ioniq 5. In addition to the traditional storage compartments, Hyundai has replaced the glovebox with a very practical drawer. You can slide the centre armrest back to reveal a large storage space perfect for a small handbag or your gadgets.
Boot space comes in at 527 litres, which can be extended up to 1,587 with the rear seats folded. It features a small bit of underfloor storage, perfect for the charging cables, and a small 'frunk' under the bonnet.
Interior and Trims
The interior of the Ioniq 5 is very well-built. The materials are of good quality and have been woven into the cabin superbly, making for a pleasant driving experience. However, you could argue that the Ioniq 5 lacks a premium edge, and it falls short of its rivals, such as the Kia EV6.
Hyundai has gone for a dual-screen system in the Ioniq 5. On the large dashboard, you'll find the 12.3-inch touchscreen infotainment system, which features Apple CarPlay and Android Auto. Behind the steering wheel is the 12.3-inch digital instrument cluster, which is very easy to read and changes colour whatever driving setting you're in.
Three trims are available for the Ioniq 5: Premium, Ultimate, and Namsan Edition.
The entry-level Premium comes standard with 19-inch alloy wheels, a rear spoiler with an integrated LED brake light, ambient lighting, a leather-wrapped steering wheel, heated front seats, electric driver seat adjustment, dual-zone climate control, smart key technology, a wireless phone charging pad, and a range of driving assistance systems.
Ultimate adds to this with 20-inch alloy wheels, black exterior styling, electric front passenger seat adjustment, a black shadow leather trim, rear privacy windows, a head-up augmented reality display, and a Bose premium sound system.
Namsan Edition finishes the range with 20-inch alloy wheels, full digital side mirrors, a memory driver's seat, premium relaxation front seats, sliding outer rear seats, a vision roof, and parking collision avoidance assist.
Power and Performance
Three different electric engines are available in the Ioniq 5. The entry-level single-motor 58kWh battery and the mid-range 77kWh unit come with rear-wheel drive, while the range-topping dual-motor 77kWh battery has all-wheel drive.
The standard single-motor 58kWh engine returns decent performance for an electric car, coming with 170hp, achieving 0-62mph in 8.5 seconds and having a top speed of 115mph. The 77kWh version ups this to 228bhp and achieves in 0-62mph in 7.3 seconds, making it our top pick.
The range-topping dual-motor 77kWh battery version is the choice if you want performance. It comes with 325hp and achieves 0-62mph in just 5.1 seconds.
On-the-road performance for the Ioniq 5 is pretty good. It has a relatively soft ride on the 19-inch alloy wheels and handles bumps and potholes well, especially for electric car standards. Once you up the speed, the suspension does take a bit of a hit, but it shouldn't bother you all too much.
Handling-wise, the Ionqiq 5 leans quite noticeably when cornering at speed and feels slightly lethargic when changing direction quickly. Regardless, steering is accurate enough for city and around-town driving and should give the driver confidence when driving in a tight spot. If you're looking for better handling, look towards the Kia EV6.
Leasing vs Buying
Prices for the new Hyundai Ioniq 5 start from £42,665.00 OTR* or to lease from £484.02 per month.
Looking to lease the Hyundai Ioniq 5? Nationwide Vehicle Contracts is one of the UK's largest car leasing providers and offers a range of leasing deals available to suit your every need.
Leasing may be cheaper than an outright purchase thanks to a low initial deposit, fixed monthly rentals, and a range of benefits included in your lease deal such as road tax and breakdown cover.
*' On the road' price correct at time of publication and includes one year's road fund license, DVLA first registration fee and number plate fee. Prices are subject to change, always check with your nearest retailer.
