
The 2026 Hyundai IONIQ 5 stays probably the most reasonably priced EVs available on the market, beginning at $35,000. It’s much more engaging with a $10,000 low cost.
Hyundai IONIQ 5 voted best-of-the-best EV
After happening sale within the US in late 2021, Hyundai’s electrical crossover SUV rapidly received over consumers with a daring new design, quick charging, lengthy driving vary, and a snug inside.
The IONIQ 5 has remained one of many best-selling EVs over the previous 4 years. Nonetheless, for the 2025 mannequin 12 months, Hyundai upped the ante, launching the US-built 2025 IONIQ 5 with extra driving vary (as much as 318 miles), improved styling in and out, and a built-in NACS port for charging at Tesla Superchargers.
After the federal $7,500 EV tax credit score expired on the finish of September, Hyundai lower costs on 2026 fashions by as much as $9,800.
The corporate mentioned the decrease costs “replicate Hyundai’s dedication to affordability and its long-term EV technique” within the US.

In response to Kelley Blue E-book’s 2026 Greatest Purchase Awardsthe 2026 Hyundai IONIQ 5 is the perfect total electrical automobile you may get your arms on. Hyundai’s value cuts place “the IONIQ 5 among the many best by way of EV pricing,” KBB mentioned, “making this best-of-the-best EV approachable to an excellent wider set of consumers.”
The 2026 Hyundai IONIQ 5 begins at simply $35,000. That’s for the bottom SE Commonplace Vary mannequin, with an EPA-estimated driving vary of 245 miles.

In the meantime, the extended-range SE RWD trim, beginning at $37,500, delivers an EPA-estimated vary of as much as 318 miles. With 800V/350 kW DC ultra-fast charging, the IONIQ 5 can add as much as 178 miles in as little as quarter-hour.
Inside, the IONIQ 5 is surprisingly spacious. Though it’s about the identical dimension because the Tucson, the IONIQ 5 has an extended wheelbase than the three-row Palisade.

The inside, though comparatively minimalistic, is loaded with fashionable tech. On the middle of it’s a twin 12.3? driver show and touchscreen infotainment screens with commonplace wi-fi Apple CarPlay and Android Auto.
Hyundai IONIQ 5 value, vary, and month-to-month lease price
As a part of its new Getaway Gross sales Occasion, Hyundai is providing a $10,000 bonus money low cost on all 2026 IONIQ 5 trims this month. At that, the low cost may doubtlessly deliver costs all the way down to as little as $25,000.
| Hyundai IONIQ 5 Trim | Driving Vary (miles) | 2026 Beginning Value* | 2026 Month-to-month Lease Value in February |
| IONIQ 5 SE RWD Commonplace Vary | 245 | $35,000 | $259 |
| IONIQ 5 SE RWD | 318 | $37,500 | $269 |
| IONIQ 5 SEL RWD | 318 | $39,800 | $309 |
| IONIQ 5 Restricted RWD | 318 | $45,075 | $399 |
| IONIQ 5 SE Twin Motor AWD | 290 | $41,000 | $339 |
| IONIQ 5 SEL Twin Motor AWD | 290 | $43,300 | $379 |
| IONOUS 5 XRT Twin Motor AWD | 259 | $46,275 | $419 |
| IONIQ 5 Restricted Twin Motor AWD | 269 | $48,975 | $469 |
Or, you’ll be able to go for 0% APR financing for as much as 72 months, plus an additional $5,000 off. The least costly 2026 Hyundai IONIQ 5 is on the market to lease for $259 a month with $3,999 due at signing.
Hyundai isn’t the one automaker providing huge reductions this month. GM launched an as much as $10,000 money allowance on the 2026 Chevy Equinox EV. The bottom LT trim is on the market with a $6,500 low cost, bringing the beginning value all the way down to round $30,000.

Though that’s solely barely greater than the brand new 2027 Chevy Bolt EV, the electrical Equinox affords extra vary (as much as 319 miles) and extra inside area.
What about when in comparison with the IONIQ 5? The $35,000 IONIQ 5 SE Commonplace Vary trim solely affords 245 miles, in comparison with the Chevy Equinox LT 1 with as much as 319 miles. It begins at simply $36,495. For $37,500, the longer vary IONIQ 5 delivers as much as 318 miles of vary.
The Chevy Equinox EV boasts as much as 57.2 cu ft of area and a 17.7? infotainment display on the inside. The Hyundai IONIQ 5 affords as much as 59.3 cu ft of cargo area and a twin 12.3? driver show and infotainment system setup.
Which one are you selecting? The Hyundai IONIQ 5 or Chevy Equinox EV? Tell us within the feedback under. Hyundai and Chevy’s offers finish on March 2, 2026.
Excited about checking one out for your self? We might help you get began. Take a look at the hyperlinks under to search out the Hyundai IONIQ 5 and Chevy Equinox EV in your space.
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