When it comes to electric vehicles, there are a lot of factors to consider when trying to determine if a car will hold its value. The Ioniq 5 is a new all-electric SUV from Hyundai, so let's take a look at some of the things that could affect its resale value.
The Ioniq 5 is built on Hyundai's dedicated EV platform, which means that it should be able to retain its value better than a traditional gas-powered vehicle. Electric vehicles also have much lower maintenance and repair costs over their lifetime, so that should help the Ioniq 5 keep its value as well.
Of course, the battery pack is one of the most important parts of any electric vehicle, and it's always possible that something could go wrong with it. However, Hyundai offers an 8-year/100,000-mile warranty on the Ioniq 5's battery pack, so buyers shouldn't be too worried about this.
Overall, the Ioniq 5 looks like it should be a good option for anyone looking for an all-electric SUV. It has plenty of features and should hold its value well over time thanks to its dedicated EV platform and low running costs.