The 2023 Hyundai Ioniq 5 vs Tesla Model Y

February 28th, 2023 by

Hyundai vs Tesla

Battle of the EVs

With numerous accolades under its belt, the 2023 Hyundai Ioniq 5 is a serious contender in the electric vehicle market. Awarded the “Kelly Blue Book 2023 Best Buy Award”, many potential EV buyers are curious as to how the electric crossover stacks against its competitors, mainly Tesla. In this article, we will go over key highlights of both the 2023 Hyundai Ioniq 5 and the 2023 Tesla Model Y and see which comes out on top. (Hint: It’s the Hyundai Ioniq 5.)

Performance

Paired with a 77.4-kWh long-range battery, the AWD Ioniq 5 delivers an impressive 320 horsepower and 446 lb-ft of torque. Power takes a hit when opting for RWD, but the range does increase to 303 miles. Depending on the trim levels and options you choose, you can create the perfect Ioniq 5 for your needs. Below is a table breaking down the performance of every Ioniq 5 trim compared to the Tesla Model Y.

MSRP Trim Range Power
$41,450 IONIQ 5 SE Standard Range 220 miles 168 hp/258 lb⋅ft
$45,500 IONIQ 5 SE 303 miles (RWD) 225 hp/258 lb⋅ft (AWD) 320 hp/446 lb⋅ft
$47,450 IONIQ 5 SEL 303 miles (RWD) 225 hp/258 lb⋅ft (AWD) 320 hp/446 lb⋅ft
$52,600 IONIQ 5 Limited 303 miles (RWD) 225 hp/258 lb⋅ft (AWD) 320 hp/446 lb⋅ft
$54,990 Tesla Model Y Long Range 330 miles 390 hp/376 lb⋅ft
$58,990 Tesla Model Y Performance 303 miles 420 hp/481 lb⋅ft torque

Keep in mind, that Model Y price does not include the $15,000 charge for Full Self-Driving Compatibility.

Safety & Technology

The 2023 Ioniq 5 comes equipped with SmartSense, Hyundai’s suite of safety technology. Smart sense comes with a myriad of safety and driver assist technologies such as:

  • Forward Collision-Avoidance Assist w/ Pedestrian Detection
  • Highway Driving Assist 1 and 2
  • Remote Smart Parking Assist
  • Smart Cruise Control with Stop & Go
  • Driver Attention Warning
  • Lane Keeping Assist
  • Blind-Spot View Monitor
  • Surround View Monitor
  • Safe Exit Assist

Besides safety and driving assist technology, the 2023 Ioniq 5 also comes with Ultra Fast Charging (10%-80% in 18 minutes), Digital Key, Hands-Free Liftgate with Auto-Open, Reverse Charging, Apple CarPlay/Android Auto and much more.

Most of the Tesla Model Y’s features come standard with the $15,000 Full-Self Driving Capability option, for a grand total of $74,990. With the option, Tesla drivers get Autopilot Navigation, Auto Lane Change, Autopark, Smart Summon and Traffic Light and Stop Sign Control.  Although the Ioniq 5 is not marketed as a fully autonomous vehicle, Hyundai’s sophisticated semi-autonomous technology allows for easy driving and commutes.   However, the Model Y, heavily marketed as autonomous, requires an additional $15,000 on top of sticker price. The Model Y also does not come with Android Auto or Apple CarPlay, with only Bluetooth connection for smartphone integration.

Reliability

Aside from innovative design and technology, Hyundai is generally known for their reliability. The 2023 Ioniq 6’s interior is well-built and robust, and the dashboard and various buttons are precisely fitted into their respective place. The cabin of the 2023 Ioniq 5 is known to be “Incredibly Quiet” delivering a smooth, comfortable ride, expected of higher-priced vehicles. In contrast, the Tesla Model Y has garnered an infamous reputation amongst car enthusiasts. Rattling interior, loose steering wheels, ill-fitted panels, and failure of driver-assist technologies plague the Tesla, resulting in a lawsuit and 363,000 vehicle recall. Don’t forget, Hyundai’s  legendary warranty comes with the purchase of a 2023 Hyundai Ioniq: enjoy a 5 yr/60,000 mile basic and 10 yr/100,000 powertrain warranty with complimentary scheduled service. The Tesla’s warranty on the other hand, leaves much to be desired with a 4yr/50,000 mile basic and 8yr/120,000 powertrain warranty, and no complimentary maintenance.

We have plenty of 2023 Ioniq 5 in stock at our Safford Hyundai Fairfax location. Come in and take a look today!

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