2026 Hyundai Ioniq 5True Cost of Ownership in United Kingdom
320 hp all-electric, popular electric SUV, 2026 model. Full cost breakdown including import duty (6.5%), VAT (20%), insurance, fuel at £1.75/L, maintenance, and depreciation.
Purchase Price
$63K
Base: $49K
Annual Total
$20K
Insurance + fuel + maintenance
Import Duty
$3K
6.5% of base price
VAT
$10K
20% applied
Annual Insurance
$3K
Avg for this country
5-Year Total
$160K
Purchase + 5yr running costs
2026 Hyundai Ioniq 5 — Full Cost Breakdown in United Kingdom
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $49K |
| Import Duty (6.5%) | $3K |
| VAT / Sales Tax (20%) | $10K |
| Total Purchase Price | $63K |
| Annual Insurance | $3K |
| Annual Fuel Cost | $0 |
| Annual Maintenance | $2K |
| Annual Depreciation | $14K |
| Registration & Road Tax | $1K |
| Total Annual Running Cost | $20K |
| 5-Year Total Cost of Ownership | $160K |
| Cost Per Kilometer | $1.304 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Hyundai Ioniq 5 Fuel Cost Calculator — United Kingdom
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
⚡ Electric Vehicle
The Hyundai Ioniq 5 runs on electricity. No fuel costs apply. Charging costs vary by electricity tariff in United Kingdom.
$0 Fuel Cost
Electric vehicle — no gasoline required
Hyundai Ioniq 5 Depreciation Curve
The Hyundai Ioniq 5 loses approximately $28K (57%) of its value over 5 years.
Year-by-Year Value
| New | $49K | 100% |
| Year 1 | $35K | 72% |
| Year 2 | $30K | 62% |
| Year 3 | $26K | 54% |
| Year 4 | $24K | 48% |
| Year 5 | $21K | 43% |
Depreciation based on electric segment averages.
Hyundai Ioniq 5 vs. Competitors in United Kingdom
How does the Hyundai Ioniq 5 compare to similar cars available in United Kingdom?
Hyundai
Ioniq 5
Base Price
$49K
Annual Cost in United Kingdom
$20K
Tesla
Model 3
Base Price
$42K
Annual Cost in United Kingdom
$5K
Hyundai
IONIQ 6
Base Price
$39K
Annual Cost in United Kingdom
$5K
BMW
i4
Base Price
$56K
Annual Cost in United Kingdom
$8K
Annual costs estimated for United Kingdom market. Import duty (6.5%) and VAT (20%) applied to all models.
🇬🇧 Owning a Car in United Kingdom
ULEZ zones add costs in cities.
Expensive for United Kingdom
Annual car costs = 43% of average United Kingdom income ($45K/yr)
Average Annual Income
$45K
In United Kingdom
Fuel Price
£1.75/L
Gasoline dominant
Avg Car Insurance
$3K
Per year
Import Duty
6.5%
On vehicle value
VAT / Sales Tax
20%
Applied at purchase
Driving Side
Left-hand
Europe
Popular Car Brands in United Kingdom
Hyundai Ioniq 5 in United Kingdom — Frequently Asked Questions
Common questions about owning a Hyundai Ioniq 5 in United Kingdom.
The 2026 Hyundai Ioniq 5 has a base price of $49,000 USD. In United Kingdom, after 6.5% import duty and 20% VAT, the total purchase price is approximately $62,622 USD (£62,622 GBP).