The 2022 Hyundai Ioniq 5 SE is the second Ioniq 5 trim level. The electric SUV provides amazing value for its price. Thanks to federal electric vehicle tax incentives, the Ioniq 5 SE costs under $37,000. No wonder the South Korean electric SUV is the World Car of the Year.
The 2022 Hyundai Ioniq 5 SE is practical and affordable
The 2022 Hyundai Ioniq 5 starts at just $39,950. The SE trim starts at $44,000. After tax incentives, the Ioniq 5 SE is closer to $36,500.
The EV tax credit makes the Ioniq 5 SE incredibly affordable. The best part about the SE trim is its driving range. Unlike the base model, the SE trim has a 303-mile driving range. That’s 83 more miles of range than the Ioniq 5 base model.
Today, the industry standard for electric vehicle driving range is between 200 and 260 miles of range. The Ioniq 5 SE gets more range than the average electric vehicle and it’s still affordable enough for millions of Americans.
Range anxiety is one of the main issues slowing the popularity of electric vehicles. The United States isn’t switching to EVs as fast as some other countries. Americans are apprehensive about spending big bucks on an EV only to face constant range anxiety with every mile driven. The Ioniq 5 SE’s incredible range and affordability offer a solution for the average consumer that wants driving range that isn’t average.
Which Hyundai Ioniq 5 trim is best?
Since most Ioniq 5 trims are relatively affordable, there’s an Ioniq 5 to suit the needs of most consumers. The Ioniq 5 SE Standard Range base model is close to $32,450 after the EV tax credit. This is the most affordable option for consumers that want to avoid breaking the bank.
The Ioniq 5 SE trim is a better choice for consumers that can spare an extra $4,000+ to spring for more driving range. Since driving range is so important to EVs, the Ioniq 5 SE will be the obvious choice for many Americans that are concerned about range anxiety.
The SEL and Limited trims add creature comforts and advanced tech. The Ioniq 5 SEL starts at $46,250 or $38,750 after the tax incentive. The Ioniq 5 Limited final trim starts at $51,100 or $43,600 after the tax credit. In terms of value, the Ioniq 5 Limited is the next best trim after the SE because of its long list of standard features.
Should you buy a Hyundai Ioniq 5 electric SUV?
The Hyundai Ioniq 5 electric SUV is easily one of the best electric vehicle options on the market today. It competes with the Ford Mustang Mach-E and Volkswagen ID.4. The World Car of the Year is worth every penny. It got a near-perfect overall score from Kelley Blue Book. The Limited final trim with all-wheel drive is tough to pass up if you can see past its price tag.
Learn more about the Hyundai Ioniq 5 in the next article below.