Hyundai Ioniq 5 Insurance Cost for 2024 Why are Rates so High?
The question is, who is going to pick the 2025 Hyundai Ioniq 5 N at $66,100 for destination over the Model Y Performance at $52,490? According to the South Korean challenger, the N-branded Ioniq 5.
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The Ioniq 5 N will cost roughly 50 percent more than a base Ioniq 5 but brings nearly four times the power. By Joe Kucinski Published: Mar 13, 2024 11:59 AM EST. Save Article.
Hyundai Ioniq 5 review running costs & insurance 2024 DrivingElectric
Average car insurance rate: $97/month. Most affordable insurance company: GEICO ($58/month) Ioniq Electric insurance rate vs. average vehicle insurance rate: $2 less expensive than the average vehicle. The estimates below and above are based on our sample driver profile — a 30-year-old single male driving a Hyundai Ioniq Electric with full.
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The Ioniq 5 costs an estimated $1,714 per year for full coverage auto insurance and the class median price is $1,603 per year, a difference of $111 per year. Since the Ioniq is a new vehicle for 2024, rates can (and probably will) decrease over the next year or two. Once claim data is available, the safety of the vehicle can be better assessed.
Compare Hyundai Ioniq Insurance Cost in 2023 [Buy+Renew]
The average insurance costs for a Hyundai Ioniq is $227 a month — or $2,724 a year, about $1,000 more than the national average. With a base price of $22,200, the annual insurance cost-to-base car price ratio is 5.8%, making it a reasonable mid-range sedan to insure. Our estimated price is for the state required minimum coverage which.
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Main Factors Affecting Hyundai Ioniq 5's Insurance Cost. The Hyundai Ioniq 5 is a fully electric SUV. It boasts a range of 300 miles. The interior is spacious and luxurious. It integrates advanced technology. It includes a 12.3-inch digital gauge cluster. A head-up display is also present. It supports Apple CarPlay and Android Auto.
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As with any electric car, running costs for the Hyundai Ioniq 5 are generally low - but that can vary depending on how and when you charge it,. Hyundai Ioniq 5 insurance group. Depending on the exact trim level you go for, the Ioniq 5 has an insurance group rating of 29 to 40.
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2024 Ioniq 5 Insurance Rates by Trim Level. The table below shows insurance rates for all trim levels available for the 2024 Hyundai Ioniq 5. Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be.
Hyundai Announces Ioniq 5 Prices And Specifications For UK
Available discounts on Hyundai Ioniq 5 car insurance include: You may be able to save if your car came from the factory with passive restraint systems such as airbags. If your car's equipped with anti-lock brakes, you may be eligible for a discount. If your car's equipped with an anti-theft device, you may be able to save on your premium.
Hyundai Ioniq 5 Insurance Cost for 2024 Why are Rates so High?
These rates can increase based on your driving record, location, age, and other factors. Auto insurance rates vary depending on the model year. For instance, average car insurance rates for a 2023 Hyundai Ioniq is $2,413 per year, while its 2022 equivalent costs $1,978 per year. Regardless of your chosen model year, you can find a competitive.
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The average annual cost of full coverage insurance for a Hyundai Ioniq is $1,729, but actual rates depend on age, model year and provider. MoneyGeek found GEICO is the cheapest insurer for the Ioniq. Type your ZIP and get your quotes.
2022 Hyundai Ioniq 5 Review, Trims, Specs, Price, New Interior Features, Exterior Design, and
The 2022 Hyundai IONIQ 5 True Cost to Own includes depreciation, taxes, financing, fuel costs, insurance, maintenance, repairs, and tax credits over the span of 5 years of ownership.
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The Hyundai Ioniq 5 N will cost $67,456 when it launches this month. That's a lot of money, but the 641-horsepower Ioniq 5 N is a serious performance product.
Hyundai Ioniq 5 Insurance Electric Car Insurance Quotes
The IONIQ 5's advanced safety technology and higher repair costs may result in slightly higher insurance premiums. However, the vehicle's electric drivetrain and eco-friendly features could qualify you for potential discounts from certain insurance providers.
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Currently my insurance is about $1400 a year on the Bolt EUV. Tesla is about $3000 How much is your current insurance on Ioniq 5? People don't factor in insurance cost when buying EVs from gas saving.
Hyundai Announces Ioniq 5 Prices And Specifications For UK
Hyundai Ioniq insurance cost averages $1,856 per year, $928 for a 6-month policy, or about $155 per month, for full coverage insurance on a Hyundai Ioniq, depending on the trim level.; When compared to other small cars, the Hyundai Ioniq is one of the more expensive small cars to insure, costing $75 more per year on average.; The cheapest Ioniq to insure is the Hybrid Blue at $1,790 per year.