Model Y vs Ioniq 5 comparison

By starting price alone, Ioniq 5 is ₩2,640,000 cheaper. But price is not everything, so check the highlighted rows in the table below.

Model Y and Ioniq 5 compared side by side in Cars.

CurrencyUSDKRWEUR

Model Y

What is good

  • Strengths are the nationwide Supercharger network, OTA updates and large cargo space.

What could be better

  • Prices change often, and in July 2026 prices of trims other than the RWD were raised.

Model Y official site

Ioniq 5

What is good

  • Strong E-GMP-based features such as ultra-fast charging, a roomy interior and V2L, and Long Range gives ample range of up to 485km.

What could be better

  • The pre-subsidy price starts high, in the high ₩40,000,000 range, and choosing AWD or 20-inch wheels greatly reduces range.

Ioniq 5 official site

At a glance

Highlighted rows are where they differ.

ItemModel YVisit siteIoniq 5Visit site
Starting price≈$37,720.33+ (₩49,990,000)External source≈$35,728.30+ (₩47,350,000)Checked on official page
Vehicle classMid-sizeCompact
FuelElectricElectric
Domestic/importedImportedDomestic
Top price7,2996,150
Fuel/energy economyUnverifiedCombined 4.4~5.2km/kWh (Standard 2WD 5.1, Long Range 2WD 19-inch 5.1~5.2)
EV rangeRWD about 400km, Long Range AWD about 505km (external source, Ministry of Environment certified figures need checking)Standard 368km, Long Range 2WD 19-inch up to 485km, Long Range AWD 425~451km, N Line 411~441km (combined)
PowerUnverified (varies by trim, Tesla does not publish official output)
  • Standard 2WD 170 hp (124.9kW)
  • Long Range 2WD 229 hp (168kW)
  • AWD 325 hp (239kW)
Seats5-seater (Model Y L 6-seater)5
Price by trim

₩50.0M~₩73.0M 3 trims

Electric

  • Premium RWD₩50.0M
  • 모델 Y L(6인승)₩73.0M

롱레인지

  • Premium AWD₩67.0M

₩47.4M~₩61.5M 6 trims

Standard

  • E-밸류 플러스₩47.4M

롱레인지

  • E-라이트₩50.6M
  • Modern₩52.9M
  • Premium₩58.3M
  • N 라인₩59.5M
  • Inspiration₩61.5M
Good forRecommended for electric SUV buyers who value charging infrastructure and the software experience.Electric SUV buyers who have a charging setup and value interior space and advanced features
TypeCarsCars
CategorySUVSUV
CompanyUnited StatesTeslaSouth KoreaHyundai
Plans
      Pros
      • Strengths are the nationwide Supercharger network, OTA updates and large cargo space.
      • Strong E-GMP-based features such as ultra-fast charging, a roomy interior and V2L, and Long Range gives ample range of up to 485km.
      Cons
      • Prices change often, and in July 2026 prices of trims other than the RWD were raised.
      • The pre-subsidy price starts high, in the high ₩40,000,000 range, and choosing AWD or 20-inch wheels greatly reduces range.

      Prices and benefits may change. Check the official site before you pay.

      Prices converted at 1 USD = ₩1,325.28 (2026-10-26). Original price shown in brackets. Taxes as listed by each provider.

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