CarCostCheck

HYUNDAI IONIQ 5 PREMIUM EV (2023)

Running costs, common problems, and reliability data based on 106 real MOT tests in 2024.

Share:XFacebookWhatsApp

MOT Pass Rate

99%

Total Tests (2024)

106

Avg Mileage

28,193 mi

Est. Annual Cost

£945

Is the 2023 HYUNDAI IONIQ 5 PREMIUM EV reliable?

Excellent reliability. Very few MOT failures. That's 17 points above the national average of 82%. It also outperforms the HYUNDAI brand average of 83%.

At 1 years old, 99% of HYUNDAI IONIQ 5 PREMIUM EVs from 2023 passed their MOT first time in 2024. That's based on 106 tests across the UK. The average mileage at this age is 28,193 miles.

How does the 2023 HYUNDAI IONIQ 5 PREMIUM EV compare?

Rank among all 2023 cars27th out of 165(top 16%)
Rank among all HYUNDAI models11th out of 417(top 3%)
vs national average+17% (82% avg)
vs 2023 cars average+4% (95% avg)
vs HYUNDAI average+16% (83% avg)

Mileage Analysis

The average 2023 HYUNDAI IONIQ 5 PREMIUM EV has 28,193 miles on the clock, which is well above the expected 7,400 miles for a 1-year-old car. Check service history carefully, as high-mileage cars need consistent maintenance to stay reliable.

How much does a 2023 HYUNDAI IONIQ 5 PREMIUM EV cost to run?

⛽Fuel (Electric, 0cc)
£500
🏛️Road Tax
£190
🔧MOT Test
£55
🛠️Predicted Repairs
£200
Total per year£945
Per month£79/mo

Based on 7,400 miles/year (UK average), current fuel prices, and repair likelihood from MOT pass rate data. Insurance not included.

HYUNDAI IONIQ 5 PREMIUM EV by Year

YearPass RateTestsAvg Mileage
202399%10628,193 mi
202296%53353,051 mi
202196%2,07733,743 mi

Checking a specific HYUNDAI IONIQ 5 PREMIUM EV?

Enter the reg plate to see its individual MOT history, mileage verification, and predicted costs.

GB

Free instant check using official DVSA and DVLA data

About the 2023 HYUNDAI IONIQ 5 PREMIUM EV

The 2023 HYUNDAI IONIQ 5 PREMIUM EV is a electric with a 0cc electric engine. 106 of these vehicles were MOT tested in 2024, making it a rare model on UK roads. It ranks in the top 16% of all 2023 cars for reliability.

With an average of 28,193 miles at 1 years old, HYUNDAI IONIQ 5 PREMIUM EV owners cover more miles than the average driver. High-mileage examples should be checked carefully for wear on suspension, brakes, and drivetrain components.

What does it cost to own a 2023 HYUNDAI IONIQ 5 PREMIUM EV?

Total estimated annual running cost is £945 (£79/month), broken down as £500 fuel, £190 road tax, £55 MOT, and £200 predicted repairs. The low repair estimate reflects the excellent 99% pass rate. These cars rarely fail their MOT, so unexpected bills are less likely.

HYUNDAI IONIQ 5 PREMIUM EV Reliability Trend

The HYUNDAI IONIQ 5 PREMIUM EV has maintained consistent MOT pass rates across model years, varying by only 2 percentage points.

Alternatives to the 2023 HYUNDAI IONIQ 5 PREMIUM EV

The HYUNDAI IONIQ 5 PREMIUM EV is actually the most reliable option among similar electric electrics from this era. Here are comparable electric cars with similar engines: