SUV comparison
Hyundai Ioniq 5 vs BMW 3 Series
Which costs less to own over 5 years? Compare purchase price, fuel, maintenance, insurance, and depreciation — then customize with your own numbers.
Hyundai Ioniq 5 vs BMW 3 Series: Quick Verdict
Based on average driving (12,000 miles/year), the Hyundai Ioniq 5 saves approximately $15,867 over 5 years compared to the BMW 3 Series. Lower charging costs and reduced maintenance offset the EV's higher purchase price.
Hyundai Ioniq 5
$36,850
purchase price
BMW 3 Series
$53,250
purchase price
EV saves
$15,867
over 5 years
Customize your mileage, gas price, and electricity rate below to get a personalized comparison.
Your Numbers
Adjust the inputs to match your situation. Results update instantly.
Average American drives ~13,500 miles/year
Charge at home overnight — cheapest option
Enter what you actually pay to charge. On a time-of-use or EV plan (cheap overnight rates) or with solar, your rate may be well below the state average, e.g. 8¢ overnight vs 12¢ standard.
Hyundai Ioniq 5 Saves You Money
EV saves you
$15,867
over 5 years
EV saves per month
$171
fuel + maintenance + insurance
The Hyundai Ioniq 5 saves you $15,867 over 5 years compared to the BMW 3 Series.
These vehicles are in different classes. The comparison is still valid but keep the size/class difference in mind.
EV saves you
$15,867
over 5 years (all-in)
EV saves per month
$171
fuel + maintenance + insurance
Operating cost payback
Immediate
EV is cheaper upfront and to run
Vehicles compared
Ioniq 5 · BMW 3 Series · RAV4 Hybrid
EV · Gas · Hybrid
Full Cost Breakdown
| Hyundai Ioniq 5SE Standard Range RWDElectric | BMW 3 Series330 xDriveGas | Toyota RAV4 HybridXLE Premium AWDBestHybrid | |
|---|---|---|---|
| Purchase Price | $36,850 | $53,250 | $38,950 |
| Monthly Fuel | $38 | $117 | $85 |
| Annual Fuel | $452 | $1,400 | $1,024 |
| Total Fuel | $2,262 | $7,000 | $5,122 |
| Total Maintenance | $2,750 | $6,500 | $5,000 |
| Total Insurance | $9,750 | $11,500 | $9,250 |
| Resale Value | $15,109 | $25,880 | $29,135 |
| Total Cost of Ownership | $36,504 | $52,371 | $29,187 |
Hyundai Ioniq 5
SE Standard Range RWD
Electric
BMW 3 Series
330 xDrive
Gas
Toyota RAV4 Hybrid
XLE Premium AWD
Hybrid
Cost Over 5 Years
Why This Result
The EV costs less from the start when factoring in all ownership costs. Lower charging costs and reduced maintenance give the EV a clear cost advantage at your mileage. The Toyota RAV4 Hybrid falls in between at $29,187 total.
Fuel vs Charging
Charging the Ioniq 5 costs about $452/year vs $1400/year for gas in the BMW 3 Series. That's $948/year in fuel savings alone.
Your electricity rate matters
Home charging is the EV's biggest lever. Every 1¢/kWh lower saves about $35/year ($174 over 5 years) for the Ioniq 5. Charging from rooftop solar can lower it further. Enter your actual overnight or solar rate above to see your own numbers.
Maintenance
EVs have fewer moving parts — no oil changes, less brake wear, no transmission fluid. The Ioniq 5 saves roughly $3750 in maintenance over the ownership period.
Depreciation & Resale
The BMW 3 Series holds 49% of its value vs 41% for the Ioniq 5. Purchase price and resale value are often the largest factors in total cost of ownership.
Insurance
EV insurance tends to run higher due to specialized repair costs. We've included $1,950/year for the Ioniq 5 vs $2,300/year for the BMW 3 Series in the total comparison.
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I'd save $15,867 over 5 years with a Hyundai Ioniq 5 vs BMW 3 Series. Check yours → isevworthit.com
About the Hyundai Ioniq 5
The Hyundai Ioniq 5 is a fully electric suv with an efficiency of 0.29 kWh per mile. Priced at $36,850, it costs around $550/year to maintain and $1,950/year to insure.
About the BMW 3 Series
The BMW 3 Series is a gas-powered suv achieving 30 MPG. Priced at $53,250, it costs around $1,300/year to maintain and $2,300/year to insure. Note that these vehicles are in different classes — keep size and use-case differences in mind.
How We Calculate Total Cost
Total cost of ownership includes purchase price, fuel or charging costs over your ownership period, annual maintenance, annual insurance, minus estimated resale value based on depreciation. This gives you the true all-in cost of each vehicle — not just the sticker price.