Hyundai Ioniq Hybrid running costs
The Hyundai Ioniq Hybrid is cheaper to buy than a Toyota Prius, and cheap enough to challenge conventional hatchbacks like the Volkswagen Golf
|Insurance group||Warranty||Service intervals||2020/21 company-car tax cost (20%/40%)|
|10-12||5yrs / unlimited miles||1yr / 10,000 miles||From £1,097 / £2,175|
The Ioniq Hybrid is usefully cheaper to buy than the Toyota Prius, which is one of the key reasons buyers are likely to consider it. This also helps make up for the fact that the Hyundai falls short of the Toyota’s fuel-economy and CO2 emissions figures.
However, while the official economy is a mite off the Prius’ benchmark, because the Hyundai has a cheaper on-the-road price, it’s still cheaper for company-car tax. BiK tax averages out at around £2,200 a year for the next three years for a 40% taxpayer running an entry-level Ioniq Hybrid.
Hyundai Ioniq Hybrid insurance group
Insurance groups range from 10-12, which is on par with the Prius. For context, a Hyundai i10 city car falls into the same insurance groups, so this is about as cheap as insurance gets.
Hyundai offers a five-year/unlimited-mileage warranty, which is one of the best on the market given that most normal diesel or petrol cars have three years of cover. Toyota offers a five-year/100,000-mile warranty, while Kia betters them both with seven years/100,000 miles.
The Ioniq Hybrid will tell you when it needs servicing by pinging up a message on the dashboard, so the intervals between scheduled maintenance will vary depending on how you use the car.
Whatever mileage you do, Hyundai’s fixed-price servicing plans are affordable, and you can even extend the plan to five or eight years. Go with one of Hyundai’s official servicing plans and you also get free roadside assistance.
The Hyundai Ioniq doesn’t get free access to the London Congestion Charge zone (neither does the Prius any more), while normal road tax will cost £140 a year – a £10 saving compared to a non-hybrid car.
In This Review
- 1VerdictThe Hyundai Ioniq Hybrid is a seriously strong rival to the Toyota Prius; it’s great value, easy to live with and cheap to run
- 2MPG & CO2 emissionsThe Hyundai Ioniq Hybrid is very efficient compared to a diesel hatchback, but it’s a shame the Toyota Prius manages lower CO2 emissions
- 3Running costs - currently readingThe Hyundai Ioniq Hybrid is cheaper to buy than a Toyota Prius, and cheap enough to challenge conventional hatchbacks like the Volkswagen Golf
- 4Engines, drive & performanceThe Hyundai Ioniq Hybrid has perfectly adequate pace, and the handling perks up noticeably in Sport mode
- 5Interior & comfortThe Hyundai Ioniq Hybrid will cope easily with a family of four, but it feels a bit cheap inside. Go for mid-range Premium to get decent infotainment
- 6Practicality & boot spaceFour adults can sit comfortably in the Hyundai Ioniq Hybrid, while boot space is usefully better than in most family hatchbacks
- 7Reliability & safetyThe Hyundai Ioniq Hybrid scored the full five stars in Euro NCAP crash-testing and Hyundai as a brand has a good reputation for reliability