Hyundai Ioniq 5 or Tesla Model 3?

Hopping onto the EV train and need some advice on which car to get. I am a fan of Hyundai cars and how far they have come, even the family has stopped buying Japanese cars because of how good value for money and quality Korean cars are these days. The V2L capability is a bonus though I don’t think it is really a major factor.

Tesla looks to be more future thinking in terms of its autonomous driving and multimedia system. Quality has been an issue from what I’ve heard and seen, has anyone experienced different with their recent deliveries?

Let me know what you think by voting in the poll and/or commenting. I really am indecisive and don’t have a gut feeling towards either one lol.

Poll Options expired

  • 254
    Hyundai Ioniq 5
  • 203
    Tesla Model 3

Comments

  • +22

    If you type Hyundai Ioniq 5 vs Tesla Model 3 into Google, there seems to be plenty of results - something there might help.

      • +32

        What exactly is it leading in? Delusional CEOs? Market cap to stock price discrepancy? Definitely not build quality.

        • +14

          Leading in market manipulation, fomo, delusional CEO, meme level market cap, shit quality, expensive repairs, poor density of service centres, terrible availability (ahem..no availability)

          • -1

            @MrThing: You forgot paywalling in-built features to nickel and dime their customers further, like deliberately slowing the car down and making the owner pay $2000 to ‘unlock’ the ‘faster’ speed.

            • +2

              @Daz91: Must have gone to the school of activision/blizzard…….oh soz bro you need to pay for the DLC "car brakes", "hand brake", "air bags"

            • +10

              @Daz91: I don’t get this one. You knowingly pay $79k for a 4.4 second sports sedan (way faster than anything else for the price) then pay more if you want more.

              No false advertising, just pay-for-play, the way it’s been since we’ve invented money. No different than other manufacturers offering performance packs that is generally nothing more than a software update and a bigger exhaust.

              • -2

                @Dogsrule: What bizzare mental gymnastics. Read that comment back to yourself.

                • +4

                  @Daz91: I presume you'll make the same fuss about the Mercedes A45 AMG that has 285kW in the base version and 310kW in the 'S' version, both with identical engines other than a software change to unlock the extra power?

                  I'm sure you wouldn't be so disingenuous as to have one set of standards for Tesla and another, much lower set of standards for other car manufacturers right?

                  Right?

                  • @Dogsrule: You might have had a point if the S model differed by nothing except an engine tune, but it doesn’t, so you don’t.

                    • +4

                      @Daz91: The power difference between the A45 & A45S is nothing but a software tweak that changes turbo boost between the 2 identical engines. The power difference between a Model 3 LR with and without Acceleration Boost is nothing but a software tweak that changes motor current between the 2 identical motors.

                      The difference between the A45S and the boosted Model 3 is that the Merc is slower and costs nearly $20K more than the Tesla, and lets not forget that the IONIQ5 AWD costs the same as a Model 3 LR but is nearly a second slower 0-100 than the Tesla without AB.

                      You should actually read your own argument back to yourself - you're arguing that the company that smashes everything else performance wise for the price (as well as way more expensive competitors) are actually the bad guys for not surpassing their competitors performance even more than they already are.

                      Just listen to yourself…

                      • -3

                        @Dogsrule: Please re-read my previous response

                        • @Daz91: Well I’m glad we could finally agree after all that.

                          Good day to you.

                          • -1

                            @Dogsrule: Looks like neither critical thinking nor reading comprehension are your strong suites.

        • +4

          Well, regardless of your opinion of the cars they sell, they are objectively the juggernaut of the EV world. Over 900,000 sales last year, possibly 2 million this year, they are leading the global EV sales race and are by far the largest pure EV company.

          • +1

            @Dogsrule: Agreed. We travelled through Scone last weekend and saw Tesla chargers. Not saying other competitors wont get infrastructure in place but Tesla definitely have a significant lead even far away from normal city centers.

            • @StingyJoe: Yep, they are even building Superchargers out in Jerrys Plains of all places. You can see they’re going for total EV dominance in Aus.

              • @Dogsrule: What's the go with EV charging stations/standards?
                I'm not in the position to buy right now but maybe in a couple of years.
                Do all the car manufacturers have their own proprietary charging standards (and plugs)?

                • +1

                  @DeToxin: It’s still settling. We need to wait for the rest of the world to sort it out. They are miles ahead of us.

                • +2

                  @DeToxin: Nah manufacturers have settled on the CCS2 plug standard, no worries there. Just don't buy a Nissan Leaf or Lexus U300e, they have the old CHAdeMO port for DC charging, but they'll be orphans soon. Everything else moving forward will have CCS2.

                  • +2

                    @Dogsrule: Good to know that at least car manufacturers arent stiffing us with proprietary bs. Hopefully will be in the market for an ev in the next couple of years.

      • +1

        Hyundai are stopping development on ice engines soon I read.

      • Lol.. joke of 2022.

        There is a major security issue with tesla that was in news a few days ago and Tesla cars quality and reliability are very bad.

        • +1

          Please share this news source Sab2000.

    • +2

      Why do that when you can get others to do the research for you for free?

    • +4

      He's asking here for help. Help him!

    • +4

      As much as people say Model 3 is for "fan boys", its the best option in the Australian market.
      Actually avaliable without a 6 month wait.(Its currently 8-12 weeks lead time)
      Best charging network.
      Most efficient per kW per 100km.
      Consistant updates.
      Great pricin compared to rivals.
      Great performance.

      Iconiq suspension is not much chop crap, poor storage, high price, if that wasnt enough, they're not even available(tiny allocation for Oz market, all sold out).
      https://www.carexpert.com.au/car-reviews/2022-hyundai-ioniq-…

  • +15

    The Ioniq 5 just looks extremely ugly to me. Sort of like a modern-day AU Falcon.

    Would go with the Tesla out of these two, but the EV6 looks better than both IMO.

    • +8

      AU falcon is considered a modern classic in some social circles so there is that.

      • +17

        Like, bogan “social” circles?

        • +4

          foulcans and oldhens are revered in boganville

      • +3

        The AU is an ugly ducking that grew into an ugly swan.

    • +11

      The AU Falcon is beautiful, how dare you.

      • +2

        AU was designed by a marketing committee and consumer research. I heard they overruled the design team and insisted on the globular console, rounded edges, big buttons, easy to see instruments… etc.

        A bit like FoMoCo's other global oddities such as the 'Ka', and the 'Taurus', which led to subterranean stock values.

        I reckon the majority of those who thought AUs are aesthetically acceptable, would be buying SUVs and have zero regard for those old models.

        • +2

          The AU looked terrible at the time, but they've got a charm to them today when well kept.

          • @jwh: They got rid of that blue whale grill mighty fast.

            • @Daabido: My Dad had an AU Forte in Blue with the whale grille. I loved it- it was different and looked original in a sea of bland cars on the market.

          • -1

            @jwh: The au falcon in xr form still looks awesome

      • Australia’s true workhorse

    • I think styling is subjective. I really like the look of the ioniq5. Sort of like a throwback to the 80s but with a modern twist (I guess that might be why I like it, because my first car was late 80s)

  • +25

    I was going to buy an Ioniq 5 myself but when they released the price I passed. Just can't justify it. On that basis, whichever makes more sense economically.

    • +17

      No BEV makes economic sense at this point in time. You buy a BEV if you have deep pockets.

      • +6

        That was the conclusion we came to. Ended up ordering a RAV4 Hybrid instead. Also avoids the incoming tax in SA.

      • -6

        That's not true at all. I mean obviously if your baseline is a 92 Ford Falcon on gas, maybe, but if you drive a modern ICE competitor they absolutely make sense. I've actually spreadsheeted it out, and my Tesla costs me $400 a week less than my ICE car in terms of running costs.

        • +9

          $400 a week less x 52= $20,800

          What kind of running costs are these which dont affect your Tesla?

          • @techno2000: Sorry a month.

        • +5

          $400 a week, that explains everything. Most people don’t even spend that much in total. Youre probably comparing a Tesla to 100-150k car

          • +1

            @pao2x: A month, typo.

            But yes, a Model S is a $180k car for the base model (when it relaunches here), so it's equivalent to a mid range E class in terms of pricing.

            • +5

              @[Deactivated]: I think if you're going to spend $60k on a car… and you're ok with the car format… and you're ok with the 500km range… and you're ok with the charge constraints then really, the Model 3 is about the only choice.

              • +1

                @tonyjzx: It doesn't have 500km range for $60k. 400 tops. Remember, the only range that really matters is freeway range, no one drives hundreds of kilometres around town, and you can charge at night. The LR might just hit 500km on the freeway, and the Model S will hit 600km. Range information at freeway speeds is grossly misleading from all EV makers. Current Teslas will pretty much hit their EPA rated range if you stick to the freeway speed limits, but go over, and it will drop dramatically. It's even worse for cars like the Polestar 2, which touts 500km range plus, but in reality, tops out in the mid 300kms.

        • +1

          We're going from a Suzuki Swift that runs on an oily rag and gets about 4.5L/100. Only buying a new car because kids inconveniently grow.
          $50k was a stretch for us and we will hold the car for at least 10 years

          • @Benoffie: I loved my Suzi Q - only got rid of it because the clutch pedal was aggravating my old ankle fracture and making me limp - otherwise I reckon I'd still have it

        • +1

          OMG What are the total running costs per week?

          Rego and CTP $1200pa
          Insurnace $800pa
          Fuel $60pw/$3000pa

          Thats a total of $96pw dear Burnertoasty

          Do you mean $400 per YEAR LESS perhaps????

          • +2

            @HeWhoKnows: Not sure where you get your figures from. My insurance is about $1400 a year (rating one, no claims, good suburb) for pretty much all my cars, my fuel bill on my ICE car is about $120-150 a week if I use it for commuting/pleasure, I commute a decent distance and usually go to my holiday house on the weekends. It's also not the most fuel efficient car. I don't pay for fuel with EVs, charge free wherever I can in true ozbargainer fashion, my grid cost might be $20-40 a week. So there's your $400 delta, (didn't include twice yearly service on the ICE).

          • +4

            @HeWhoKnows: 30L a week!! You either have a 1L engine, or don't use your car much. With current fuel prices its $80 per fillup and im there every like 4-5 days if I am commuting to work.

            • +6

              @Cdmonk: Not everybody uses their car every single day to get to work. Shock horror

              • +3

                @danlovescomps: Prado owner here. Fills the tank for 170'ish and cries in lonely places.

                Happy owner otherwise.

                Going to buy an EV? - don't think so as next car is definitely a V8..vroom…vroom.

                Jokes apart, hyundai is a good option but price tag needs to be lowered for a serious consideration.

            • +1

              @Cdmonk: Until a family emergency the last few months I used to use about 3L a week. Cost more to get the car washed than fueled…

        • +3

          Definitely no. I've done the math myself. Electric cars, at current prices, do not make economical sense. Now, there are many other valid reasons to buy one but saving money is not one of them.

          • @tessel: For you maybe. For me it absolutely does.

          • +1

            @tessel: I can see the savings if you can charge free (using solar, workplace, etc) & do a reasonable amount of km but otherwise the charging cost can be quite high if you have to use public chargers:
            https://www.whichcar.com.au/car-news/teslas-now-more-expensi…

            Of course the current petrol cost includes quite a high tax that goes back to maintaining roads (and the Government coffers…) so once we start getting higher proportions of electric cars the Government is going to have to find some way of getting some road maintenance & infrastructure costs from electric vehicle owners.

              • +1

                @cycleri3: "Australian drivers pay Commonwealth fuel excise when they purchase petrol, LPG and diesel. This funds the development and maintenance of Australian roads.
                ..
                From 1 July 2021, a new user-pays charge is required for Victorian-registered ZLEVs. ZLEV registered operators pay little or no fuel excise because these vehicles are primarily powered by electric or alternative fuel sources. The ZLEV road-user charge means that all road users will pay their fair share."

                They're talking like we get free electricity or something 🙄

                • +1

                  @Scythic: There’s comparatively minimal tax on electricity, and zero on solar. Fuel excise is spent on roads, the GST on electricity goes to general revenue.

                  They’re probably moving a bit early but it was always inevitable that lost revenue would need to be replaced, it’s likely to increase significantly as well over hopefully a long long period, although that period is probably determined by EV uptake.

          • +1

            @tessel: Status symbol only plebs would be seen at a petrol station

      • Unless you drive a lot of kms per year and get a lot of petrol saving from there too.

    • -1

      How much are they

  • +14

    I would add Kia EV6 to the poll.

    However, the problem is that you won't have one in 2022 even if you wanted to. There is a very limited supply for the next year :(

    • +2

      One other factor that should be mentioned is popularity.

      I feel like the Tesla will keep it's resale value better, mostly through hype.
      There will be more third-party/aftermarket parts, and OEM parts availability when repairs is necessary.
      It will possibly have a HUGE advantage in the Supercharge network (drive from Perth to Adelaide/Melbourne/Canberra/Sydney/Brisbane).

      So if they're close budget wise, these should help in deciding matters.

      • I feel like the Tesla will keep it's resale value better, mostly through hype

        … and perhaps until they reach the 10+ year mark when the cost to replace batteries will be significant.

        • +3

          I feel like the cost to replace the battery is going to be expensive for ALL these BEV cars.
          If anything, Tesla's are more likely to be cheaper due to economics of scale, availability, and of course the aftermarket scene.

          With that said, they estimated the Lithium Batteries to originally only last 10-Years and 200,000 kms. But it seems they've under-estimated it. They're more like 15-Years and 500,000kms. And these are for the first-generation Lithium packs. The current (2.5-gen) packs are closer to 20-Years and 1,000,000 kms. Of course, sometimes you get a lemon, but the chances should decrease year-on-year.

          And even WHEN that happens, your old pack isn't worthless. It can be sold and recycled for quite a bit of money. Or better yet, owners have taken their old packs and converted them as Home/Power-Walls which help bridge the gap between Grid Power, Solar Power, Home Use, and Charging your Tesla. Very impressive, and something I'd love to have. In the best case, it is a minor issue that can be refurbished them to save thousands of dollars (when they've bypassed the software locks).

          As long as Tesla and the manufacturers become ethical, and do not make BEVs designed with Planned Obsolescence. Then we should see these cars have much cheaper and longer lifespans compared to their ICE vehicle cousins.

          • +1

            @Kangal: Thanks - I hadn't heard this updated info.

            I guess too many unknowns to evaluate future drop in value of electric cars vs petrol (how the market will perceive battery life, future petrol prices, difficulty with spare parts for either type, etc).

            • @Gaz1: Also I should mention another aspect with Lithium Batteries. They are unstable at the first 0-10% charge, and at the last 80-100%. So to throw some numbers, we should ideally only be using/charging 4,000mAh of capacity in our phone which has a 5,000mAh battery, and be careful to not let it run too low.

              We used to artificially limit these ranges, and even call the last bit "over-charge". However, manufacturers in their bid to compete and do marketing, threw this practice away with caution in the wind. That's why your Phone's Battery, which should actually last you 6 Years, seems to die out in 3 years if you're lucky, and only in 1-year if you're unlucky. Sony is one of the only OEMs to still practice this in their Android phones, and the (discontinued) Holden/Chevy Volt also had this feature built-in.

              If we bring this feature back, and normalise it in the industry, it will make it much better for consumers. It makes it better by decreasing the wear on the Battery Packs, and even further extends their lifetime. Which is what I was discussing above. Sure, its going to suck for the CEOs and Advertising Executives… and that's probably why it won't happen (they make the decisions for us).

              You can understand this better from Linus:
              Skip to 6:58 - 8:12

              edit: I just realised we live in Australia, so with our constant and extreme heat, it is more likely we will have less range from Day 1, and will have faster degradation of the cells. So we need to be even more diligent with such practices.

              • +1

                @Kangal: I hear you loud and clear, and have known about the SOC ranges for litihum battery preservation for a long time now. I have never needed to replace a smartphone battery by never charging about 80%, even the notorious Nexus 6P.

                I will be applying the same method to my Tesla and any future EV's except if I need the extra range for the odd long trip.

      • Typically more produced cars have lower resales. Tesla is extremely unfriendly to third party repairs. There’s going to be lots of second hand Tesla’s in the market and the absence of defined model years makes them hard to shop for second hand.

        They might have more OEM parts around, especially since the Ioniq 5 is basically sold out for the next several years at a comparatively low local number of sales.

        I’d still expect repair and maintenance to cost significantly more for Tesla due to their extremely anti consumer repair policies.

        Superchargers are a thing if you plan long trips in the next few years but the Ioniq 5 should charge much faster once generic high speed charging is more widespread.

        • Higher availability goods typically have lower prices due to market behaviour. But this isn't true for cars. A Toyota Corolla hatch is as mass produced as they come, and they typically have higher resale values compared to competitors, like Citroen.

          So Tesla is more likely to have higher resale. You forget there's also the hype factor.

          I think maintenance costs will be similar between the brands. Repair is a different matter. There are quite a few Tesla's in my area, and so there are repair shops for them. So I think they will be similar again. Tesla's anti-consumer behaviour is just a fact that they are ahead of the curve. Toyota will follow in their footsteps. That's why it is so important to have Right-to-Repair bill to pass in California (and maybe New York). Those laws affect the rest of USA, which directly affects the Car Manufacturers, which then affects the overall product we get here in Australia and around the world.

          Wether you love it or hate it, having a reliable SuperCharge network that's sufficient, and between our major cities… well, it is a selling point in itself.

  • +6

    Good luck getting an Ioniq 5, there are only a few hundred coming to Australia in 2022. The first batch of 240 sold out in a couple of hours, the second batch of 100 going only to NSW/ACT sold out pretty quickly too a couple of weeks ago.

    If you want one, you have to keep an eye out for releases and just jump in without thinking too hard.

    • +6

      To me this is signs a company isnt serious about this shit.

      These are compliance cars, cars that are science experiements. They aint making money on these.

      They're getting them out there to say they have EVs and they're collating drive data so they can put that their 'real' models that they will sell in 2025.

      • +23

        Yeah you’re right they set up R&D and tooling on a brand new platform, accompanied by a huge marketing campaign just to greenwash their image. I swear ozbargainers have a lower collective IQ than /r/Australia

        • Can confirm. (As a fan of the Ioniq 5)

        • +3

          I swear ozbargainers have a lower collective IQ than /r/Australia

          Man… that's brutal!

      • +6

        And it's got nothing to do with semiconductor shortages and other supply issues happening around the world?

      • +1

        It’s more a sign it’s a brand new platform and it benefits them more to sell overseas because the government here isn’t serious about emissions standards.

        They’re making plenty of money at what they’re selling for, especially given after R&D costs are accounted for they’re likely to cost less to build than the non EV based models they were selling for less.

        They already had some of the best regarded EV’s, these are the first ‘real’ (EV from the ground up) models produced after those.

      • Nah the problem is they have very low production capacity and therefore prioritise markets that have emissions standards that must be met (i.e not Australia). Tesla, being so far ahead of the EV curve and lacking the legacy baggage of the ICE automakers have ample production capacity to supply all markets, especially as Berlin & Texas come online.

  • +3

    Quality has been an issue from what I’ve heard and seen, has anyone experienced different with their recent deliveries?

    Quality as in fit and finish yes, but Teslas EVs overall are generally not unreliable. MIC Model 3s are WAY better than the first batch out of the USA factory. Australia now gets the MIC ones.

    Now Hyundai EVs…. are really yet to be proven.

      • +1

        ok… well there you have it ;)

        • +6

          On the flip side… Tesla assembly workers don't seem to be able to use tension wrenches…

          The newest recalls on Model 3 all relate to safety system bolts coming loose… and quote:

          "Cause the suspension to separate from the sub-frame" (ie: wheel to come flying off)
          "Front row seat belt to not operate" (ie: seat belt comes flying off)
          or the "reduce braking performance" (ie: brake calipers come flying off)

          • -4

            @pegaxs: Bad robot, Bad!

            • +11

              @vodamerc: I see that stating a fact about Tesla and recalls has upset at least one fanboi already… It's not like I am making that shit up, it's off the official Australian government vehicle recall website run by the Depart of Infrastructure and etc…

              • @pegaxs: It’s a recall of 106 vehicles total which you failed to mention.

      • Note the Kona and Ioniq are both older vehicles based on gas powered cars, the Ioniq 5 is a ground up EV. The Ioniq 5 is really too new to be proven / disproven yet.

  • MG ZS EV

    bang for buck

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