Hyundai Ioniq Plug-In (2016-2022) running costs & insurance
The Hyundai Ioniq Plug-In is cheaper to run than a Toyota Prius Plug-In
|Insurance group||Warranty||Service intervals||2022/23 company-car tax cost (20%/40%)|
|12||5yrs / unlimited miles||1yr / 10,000 miles||N/a|
The Hyundai Ioniq Plug-In is no longer on sale as a new car, but values are strong as a used model. The long warranty and surging demand for plug-in cars means that it’s sought-after by many, and although the PHEV is a bit more expensive to buy than the normal Hybrid, it could be worth it over the long term because of lower running costs.
Hyundai Ioniq Plug-In insurance group
Following a 2019 update, both versions of the Ioniq Plug-In Hybrid fall into insurance group 12. That’s on par with the Toyota Prius Plug-In, but quite a bit lower than pure-electric cars such as the Nissan Leaf, which is in group 21. As such, insurance premiums should be good value for most drivers. Hyundai offers its own insurance policies, which come with a range of benefits, but you can use your own provider if you prefer. As with any insurance policy, you should shop around for the best deal.
The Hyundai Ioniq’s warranty is comprehensive. As standard, the car was covered for five years, with no mileage limit. There’s also a 12-year anti-perforation warranty, plus a separate lithium-ion battery warranty, which protects against capacity loss for eight years or 125,000 miles. This means there are plenty of used models with lots of warranty left.
Service intervals are determined by the Ioniq’s on-board computer, but if you cover an average of 12,000 miles a year, reckon on paying a visit to your local dealer around every 18,000 miles. Hyundai offers a range of service plans to suit your lifestyle – your dealer can discuss these with you.
Annual road tax is only free on cars with no CO2 emissions these days. However, Ioniq Plug-In drivers will only pay £145 a year from the second to sixth year of ownership – £10 less than any non-hybrid car.
In This Review
- 1VerdictThe Hyundai Ioniq Plug-In is one of the most efficient hybrid cars around, and it’s practical too
- 2Range, MPG, CO2 & chargingOfficially, the Hyundai Ioniq Plug-In will cover an astounding distance per gallon of fuel. Just make sure you keep the batteries charged
- 3Running costs & insurance - currently readingThe Hyundai Ioniq Plug-In is cheaper to run than a Toyota Prius Plug-In
- 4Performance, engine & driveYou can make fairly rapid progress in the Hyundai Ioniq Plug-In – once the gearbox has decided what it wants to do
- 5Interior, dashboard & comfortThere are lots of goodies as standard on the Hyundai Ioniq Plug-In, although some of the interior materials look and feel cheap
- 6Boot space, seating & practicalityThere’s plenty of room for people and luggage in the Hyundai Ioniq Plug-In, despite the batteries and motors taking up space
- 7Reliability & safety ratingAn impressive crash-test safety rating and a good warranty give peace of mind to Hyundai Ioniq Plug-In owners
- 8Owner reviewLondoner Keith Ware shares his ownership experience of the Hyundai Ioniq Plug-In Hybrid