Tesla Model Y vs Hyundai Ioniq 5

Compare range, price, 0-60 mph, charging speed, and full specs side by side.

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THE NUMBERS COMPETITORS DON'T SHOW

Resale, warranty & insurance — side by side

Edmunds and KBB compare specs. We compare the three things that actually move dollars over the ownership cycle.

Resale Retention (vs MSRP)
Tesla Model Y
64.2% 2024 model · $30,500 avg used · A
Hyundai Ioniq 5
59.3% 2024 model · $24,600 avg used · B
Tesla Model Y holds value better by 4.9 percentage points at 2 years.
See full depreciation rankings →
Battery Warranty
Tesla Model Y
8 yr / 120,000 mi 70% SOH floor · transferable
Hyundai Ioniq 5
10 yr / 100,000 mi 70% SOH floor · transferable
Tesla Model Y has the better battery warranty.
See every EV warranty ranked →
Annual Insurance (US Avg)
Tesla Model Y
$2,900/yr Vermont: $1,500 · Michigan: $6,200
Hyundai Ioniq 5
$2,100/yr Vermont: $1,000 · Michigan: $4,200
Hyundai Ioniq 5 is cheaper to insure by $800/yr on average.
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The verdict

This is one of the closest matchups in the compact electric SUV class, and it genuinely splits two ways. The Hyundai Ioniq 5 wins on the things that matter most to value-focused shoppers: it starts at $35,000 versus $39,990 for the Model Y, its 800V architecture delivers a 10-80% DC fast charge in about 20 minutes (well ahead of the Tesla's ~25 minutes), and it carries an IIHS Top Safety Pick+. The Tesla Model Y counters with Tesla's seamless plug-and-charge Supercharger experience, slightly more maximum range (357 vs 318 miles), and class-leading resale, holding about 64% of its value after two years. Buy the Ioniq 5 if upfront price, the fastest possible charging, and that top safety award lead your list. Buy the Model Y if you want the simplest Supercharger experience and the strongest long-term value retention. Both can be fierce performers too, hitting 0-60 in the low-3-second range in their top trims. There is no wrong answer here.

Price, range and charging

The Ioniq 5 is the cheaper entry point, starting at $35,000 against the Model Y's $39,990, and it tops out at $59,900 for the high-performance Ioniq 5 N, after a $6,300 price cut in July 2026. The Model Y ranges from $39,990 up to $57,990 for the standard-length trims, plus the three-row Model Y L Launch Series at $61,990. On range, Tesla edges ahead with up to 357 miles versus 318 miles for the Hyundai. Charging is where the Ioniq 5 flexes its 800V architecture: a 10-80% DC fast charge takes about 20 minutes, one of the fastest in the segment, compared with about 25 minutes for the Model Y. Both are quick in their hottest trims, with the Model Y Performance hitting 0-60 mph in as little as 3.3 seconds and the Ioniq 5 N close behind at 3.4 seconds. Cargo is comparable at about 29 cubic feet for the Tesla and 27 for the Hyundai.

Charging networks: both are NACS-native now

Both SUVs now plug straight into Tesla Superchargers: every 2025-and-newer Ioniq 5 has a factory NACS port, like the Model Y. The difference is speed and polish. The Model Y gets Tesla's plug-and-charge integration and its full ~250 kW peak at the stall. The Ioniq 5 charges 10-80% in about 20 minutes on a 350 kW CCS station through its included adapter, but it charges more slowly on Tesla's mostly 400-volt Superchargers.

Resale value and safety

Two different strengths separate these cars off the spec sheet. The Model Y holds about 64% of its value after two years, among the best of any EV, which can meaningfully lower true cost of ownership if you trade or sell within a few years. The Ioniq 5's headline credential is safety: it carries an IIHS Top Safety Pick+, the institute's highest award. Neither figure should be the only deciding factor, but they frame the trade-off well. A Model Y buyer is leaning into long-term value retention and the convenience of the Tesla ecosystem, while an Ioniq 5 buyer is prioritizing a lower purchase price, the fastest charging in the matchup, and a top-tier crash-safety rating. Both are credible, well-rounded compact electric SUVs.

Frequently asked questions

Is the Tesla Model Y or Hyundai Ioniq 5 better?
It depends on your priorities. The Ioniq 5 wins on starting price ($35,000 vs $39,990), faster 800V charging (about 20 minutes vs 25 for 10-80%), and an IIHS Top Safety Pick+. The Model Y wins on Tesla's seamless plug-and-charge Supercharger experience, slightly more range (357 vs 318 miles), and class-leading resale, holding about 64% of value after two years. Both are excellent; pick based on whether price and charging speed or the Supercharger experience and resale matter more to you.
Does the Ioniq 5 charge faster than the Model Y?
Yes, on raw DC fast-charging speed. The Ioniq 5's 800V architecture completes a 10-80% charge in about 20 minutes, one of the fastest in the class. The Model Y takes about 25 minutes for the same 10-80% top-up. That said, the Model Y offers Tesla's plug-and-charge Supercharger integration, so its real-world charging experience is more seamless even if the Hyundai is quicker once plugged in.
Can the Hyundai Ioniq 5 use Tesla Superchargers?
Yes, natively. Every 2025-and-newer Ioniq 5 has a built-in NACS port and plugs straight into Superchargers; only 2024-and-earlier CCS1 cars need an adapter.
Which holds its value better, the Model Y or the Ioniq 5?
The Tesla Model Y holds its value better. It retains about 64% of its value after two years, among the best resale performance of any EV. Strong resale can lower your true cost of ownership if you sell or trade within a few years, which partially offsets the Ioniq 5's lower $35,000 starting price. If long-term value retention is a priority, the Model Y has the edge here.

Tesla Model Y vs Hyundai Ioniq 5: Which EV Should You Buy?

Choosing between the Tesla Model Y and Hyundai Ioniq 5? Use the interactive comparison above to see how they stack up on range, price, performance, and charging speed. Whether you searched "Tesla Model Y vs Hyundai Ioniq 5" or "Hyundai Ioniq 5 vs Tesla Model Y" — same comparison, picked apart trim-by-trim. Select different trims to compare specific configurations.

Quick reference: this page covers the head-to-head between the Tesla Model Y and the Hyundai Ioniq 5 (the reverse "Hyundai Ioniq 5 vs Tesla Model Y" matchup is the same comparison from the opposite vehicle's perspective). Both directions land here.

View Tesla Model Y Details → View Hyundai Ioniq 5 Details →