# Hyundai IONIQ — Used Car Buying Guide

AutoScout's analysis of the Hyundai IONIQ on the UK used-car market. Backed by 33 million DVSA MOT tests, current AutoTrader pricing, and depreciation curves derived from CAP/Glass's Guide data.

Live interactive report: https://autoscout.fyi/cars/hyundai-ioniq

## Verdict

- **Best value year**: 2019
- **Ideal trim**: Premium
- **Target mileage**: 40,000–50,000 miles
- **Max previous owners**: 2
- **Target price**: £9,700

## Why this model

The Hyundai IONIQ Electric (original model, 2016-2021) is a fantastic choice if you're looking for an affordable, reliable, and efficient entry into EV ownership. It might not have the longest range or fastest charging by today's standards, but its liquid-cooled battery system is a big plus for longevity and health, especially compared to some early EVs with air-cooled batteries. It's a well-built car with a comfortable ride and a decent amount of tech for its age, making it a sensible and economical daily driver.

## What you should pay

The used EV market has seen significant price adjustments recently, making cars like the IONIQ Electric incredibly good value. At around £9,700 for a 2019 model with 40-50k miles, you're getting a lot of car for your money. This price reflects the general softening of the used EV market, partly due to newer models and price cuts on new EVs. The IONIQ's liquid-cooled battery helps maintain its health, which is crucial for resale value and long-term ownership, so you're buying into a more robust platform than some competitors.

## Which trim to buy

The 'Premium' trim hits a sweet spot for value. It comes with a good array of features like heated seats, a larger infotainment screen with navigation, Apple CarPlay/Android Auto, and rear parking sensors, without pushing the price up too much. You get a lot of comfort and tech without needing to stretch for the top-tier 'Premium SE', which often adds things like leather seats and a sunroof that might not be essential for everyone.

## What to check before you buy

- While generally reliable, it's always wise to check the battery health report if available, though the liquid-cooled system helps mitigate rapid degradation.
- The 50kW DC rapid charging speed is slower than newer EVs, so plan longer journeys accordingly.
- Also, check for common wear and tear items like tyres, brakes, and suspension components, as with any used car.
- Some owners have reported minor issues with the 12V auxiliary battery, so ensure it's holding charge well.

## Running costs

Running an IONIQ Electric is where you'll really save money. Home charging on a standard UK tariff (around 24.5p/kWh) works out to about 5p per mile, costing roughly £504 a year if you drive 10,000 miles. If you switch to a smart EV tariff like Octopus Go or Intelligent Octopus (around 9p/kWh overnight), this drops significantly to about 1.9p per mile, or just £185 a year for 10,000 miles – a huge saving of over £300! Road tax is currently free for EVs until April 2025, after which it will be £195 per year. Insurance costs will vary, but expect it to be comparable to other family hatchbacks, typically in the £400-£800 range depending on your personal circumstances.

## Key stats

- **Fuel Type**: Electric
- **Horsepower**: 120 PS (118 hp)
- **Mpg**: 4.9 mi/kWh (approx. 136 real-world miles)
- **Reliability Score**: Above Average
- **Safety Rating**: 5 Stars (Euro NCAP 2016)

## Trim comparison

| Trim | Price new | Price used | Key features |
| --- | --- | --- | --- |
| SE | £27,950 | £8,500 | 8-inch touchscreen infotainment; DAB radio; Apple CarPlay/Android Auto |
| Premium | £29,950 | £9,700 | 10.25-inch touchscreen with navigation; Heated front seats; Heated steering wheel |
| Premium SE | £31,950 | £11,000 | Leather upholstery; Ventilated front seats; Electric driver's seat adjustment |

## Depreciation forecast

| Year | Estimated value | Retention |
| --- | --- | --- |
| 2026 | £9,700 | 0% |
| 2027 | £8,000 | 17.5% |
| 2028 | £6,800 | 15% |
| 2029 | £5,800 | 14.7% |
| 2030 | £5,000 | 13.8% |

You're buying the IONIQ Electric at a great time, as it's already gone through its steepest depreciation curve. The initial owner took the biggest hit. From here, while it will continue to lose value, the rate should slow down, especially given its reputation for reliability and low running costs. This means you're getting a well-depreciated asset that should offer relatively stable ownership costs for the next few years.

Total value lost since new: 48.5%.

## Alternatives to consider

- Nissan Leaf (40kWh)
- Renault Zoe (52kWh)
- MG4 EV

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Source: AutoScout (https://autoscout.fyi). Part of a review of the UK used-car market across 500+ models.