SUVModel Hub

Hyundai Ioniq 5 Awd

320 hp all-electric. Compare true ownership costs across 50 countries — purchase price, import duties, insurance, fuel, and annual running costs.

2024 2023

Base Price

$50K

USD MSRP

Cheapest Country

🇻🇪 Venezuela

$10K/yr

Most Expensive

🇸🇬 Singapore

$30K/yr

5-Year TCO (US)

$136K

Total cost of ownership

Countries Tracked

Full cost breakdown

Years Available

Model years tracked

⛽

Fuel Efficiency

~11L / 100km

At 15,000 km/yr, approx. 1650 litres annually

📉

3-Year Depreciation

38% loss

Loses ~$19,000 from $50,000 base in 3 years

🔧

Annual Maintenance

$1,800

Typical for SUV segment in developed markets

🏷️

Segment

SUV

Competes in the SUV segment globally

About This Model

SUV Segment: Practicality Premium and Fuel Cost Reality

SUV models command a 15–25% purchase price premium over equivalent passenger cars but deliver greater practicality, higher seating positions, and — in the case of AWD variants — improved all-weather capability. Fuel costs are typically 15–25% higher than comparable passenger cars due to increased kerb weight and aerodynamic drag. In markets where SUVs are subject to higher registration fees or road taxes based on CO₂ emissions — the UK, France, and Germany — the annual tax burden can add $500–1,500 USD to running costs versus a comparable saloon.

The Hyundai Ioniq 5 Awd is a SUV-segment vehicle with a base price of $50,000 USD. 320 hp all-electric. Across 50 countries, annual ownership costs range from $10K in Venezuela to $30K in Singapore — a 189% difference driven by import duties, fuel prices, insurance markets, and local taxation.

Annual Cost Snapshot (US)

Depreciation

$10,000

Insurance

$2,150

Fuel

$1,485

Maintenance

$2,764

Registration

$500

Total Annual$16,899

Full US Breakdown

Interactive Chart

Hyundai Ioniq 5 Awd — Annual Cost by Country

Includes insurance, fuel (15,000 km/yr), maintenance, depreciation, and taxes.

Depreciation Curve

How Fast Does the Ioniq 5 Awd Lose Value?

Starting at $50,000, the Hyundai Ioniq 5 Awd retains 51% of its value after 5 years — losing $24,500 in total.

Year 1

$40,000 (80%)

Year 2

$35,000 (70%)

Year 3

$31,000 (62%)

Year 4

$28,000 (56%)

Year 5

$25,500 (51%)

Market Value Over 5 Years

Cost Composition

What Makes Up the Annual Cost?

Annual ownership cost in the United States: $16,899. Depreciation is the largest single cost at 59% of total annual spend.

Depreciation

$10,00059%

Insurance

$2,15013%

Fuel

$1,4859%

Maintenance

$2,76416%

Registration

$5003%

Country Rankings

Where Is the Ioniq 5 Awd Cheapest & Most Expensive?

🏆5 Cheapest Countries to Own

#1🇻🇪

Venezuela

Purchase: $70K

$10K/yr

#2🇮🇷

Iran

Purchase: $104K

$11K/yr

#3🇧🇩

Bangladesh

Purchase: $144K

$12K/yr

#4🇪🇬

Egypt

Purchase: $80K

$12K/yr

#5🇳🇬

Nigeria

Purchase: $73K

$13K/yr

💸5 Most Expensive Countries to Own

#1🇸🇬

Singapore

Purchase: $77K

$30K/yr

#2🇭🇰

Hong Kong

Purchase: $108K

$25K/yr

#3🇬🇧

United Kingdom

Purchase: $64K

$20K/yr

#4🇩🇰

Denmark

Purchase: $156K

$20K/yr

#5🇮🇱

Israel

Purchase: $107K

$20K/yr

50 Countries

Hyundai Ioniq 5 Awd — Annual Cost by Country

Based on 2024 model. Includes insurance, fuel (15,000 km/yr), maintenance, depreciation, and taxes.

#	Country	Purchase Price	Import Duty	Insurance/yr	Fuel/yr	Annual Total	Details
1	🇻🇪Venezuela	$70K	20%	$100	$17	$10K	View
2	🇮🇷Iran	$104K	90%	$160	$83	$11K	View
3	🇧🇩Bangladesh	$144K	150%	$220	$1K	$12K	View
4	🇪🇬Egypt	$80K	40%	$470	$660	$12K	View
5	🇳🇬Nigeria	$73K	35%	$570	$957	$13K	View
6	🇷🇺Russia	$69K	15%	$720	$1K	$13K	View
7	🇶🇦Qatar	$53K	5%	$1K	$314	$13K	View
8	🇺🇦Ukraine	$66K	10%	$520	$2K	$13K	View
9	🇵🇪Peru	$64K	9%	$620	$2K	$13K	View
10	🇮🇳India	$128K	100%	$370	$2K	$14K	View
11	🇸🇦Saudi Arabia	$60K	5%	$1K	$396	$14K	View
12	🇮🇩Indonesia	$78K	40%	$670	$1K	$14K	View
13	🇵🇰Pakistan	$88K	50%	$470	$2K	$14K	View
14	🇲🇾Malaysia	$69K	30%	$980	$858	$14K	View
15	🇬🇭Ghana	$69K	20%	$670	$2K	$14K	View
16	🇻🇳Vietnam	$94K	70%	$470	$2K	$14K	View
17	🇦🇪UAE	$55K	5%	$1K	$726	$14K	View
18	🇵🇭Philippines	$73K	30%	$780	$2K	$14K	View
19	🇹🇭Thailand	$96K	80%	$880	$2K	$14K	View
20	🇦🇷Argentina	$82K	35%	$1K	$1K	$14K	View
21	🇲🇽Mexico	$70K	20%	$1K	$1K	$14K	View
22	🇰🇪Kenya	$73K	25%	$780	$2K	$14K	View
23	🇨🇴Colombia	$80K	35%	$1K	$1K	$14K	View
24	🇷🇴Romania	$65K	10%	$1K	$2K	$15K	View
25	🇨🇱Chile	$63K	6%	$1K	$2K	$15K	View
26	🇭🇺Hungary	$70K	10%	$1K	$2K	$15K	View
27	🇨🇳China	$65K	15%	$1K	$2K	$15K	View
28	🇨🇿Czech Republic	$67K	10%	$1K	$2K	$16K	View
29	🇵🇱Poland	$68K	10%	$1K	$2K	$16K	View
30	🇿🇦South Africa	$72K	25%	$2K	$2K	$16K	View
31	🇰🇷South Korea	$59K	8%	$1K	$3K	$17K	View
32	🇵🇹Portugal	$68K	10%	$1K	$3K	$17K	View
33	🇺🇸United States	$51K	2.5%	$2K	$1K	$17K	View
34	🇬🇷Greece	$68K	10%	$1K	$3K	$17K	View
35	🇪🇸Spain	$67K	10%	$2K	$3K	$17K	View
36	🇯🇵Japan	$55K	0%	$1K	$2K	$17K	View
37	🇳🇿New Zealand	$60K	5%	$2K	$3K	$17K	View
38	🇫🇮Finland	$68K	10%	$2K	$3K	$18K	View
39	🇹🇷Turkey	$108K	80%	$980	$4K	$18K	View
40	🇫🇷France	$66K	10%	$2K	$3K	$18K	View
41	🇸🇪Sweden	$69K	10%	$2K	$3K	$18K	View
42	🇦🇹Austria	$66K	10%	$2K	$3K	$18K	View
43	🇨🇦Canada	$56K	6.1%	$2K	$2K	$18K	View
44	🇩🇪Germany	$65K	10%	$2K	$3K	$18K	View
45	🇦🇺Australia	$58K	5%	$2K	$2K	$18K	View
46	🇨🇭Switzerland	$58K	6.5%	$2K	$3K	$18K	View
47	🇧🇪Belgium	$67K	10%	$2K	$3K	$19K	View
48	🇳🇱Netherlands	$67K	10%	$2K	$3K	$19K	View
49	🇳🇴Norway	$78K	25%	$2K	$3K	$19K	View
50	🇧🇷Brazil	$76K	35%	$3K	$2K	$19K	View
51	🇮🇹Italy	$67K	10%	$3K	$3K	$20K	View
52	🇮🇱Israel	$107K	83%	$2K	$3K	$20K	View
53	🇩🇰Denmark	$156K	150%	$2K	$3K	$20K	View
54	🇬🇧United Kingdom	$64K	6.5%	$3K	$3K	$20K	View
55	🇭🇰Hong Kong	$108K	115%	$2K	$4K	$25K	View
56	🇸🇬Singapore	$77K	41%	$3K	$3K	$30K	View