SUV comparison

Hyundai Ioniq 5 vs BMW X5

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 X5: Quick Verdict

Based on average driving (12,000 miles/year), the Hyundai Ioniq 5 saves approximately $23,366 over 5 years compared to the BMW X5. Lower charging costs and reduced maintenance offset the EV's higher purchase price.

Hyundai Ioniq 5

$41,800

purchase price

BMW X5

$65,200

purchase price

EV saves

$23,366

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

EV is worth it for youhigh confidence

Hyundai Ioniq 5 Saves You Money

EV saves you

$23,366

over 5 years

EV saves per month

$225

fuel + maintenance

Best case (Home charging): EV saves $23,366
Worst case (Public charging only): EV saves $18,668

The Hyundai Ioniq 5 saves you $23,366 over 5 years compared to the BMW X5.

These vehicles are in different classes. The comparison is still valid but keep the size/class difference in mind.

EV saves you

$23,366

over 5 years (all-in)

EV saves per month

$225

fuel + maintenance

Operating cost payback

Immediate

achievable within ownership

Vehicles compared

Ioniq 5 · BMW X5 · RAV4 Hybrid

EV · Gas · Hybrid

Full Cost Breakdown

Hyundai Ioniq 5

Electric

Purchase Price$41,800
Monthly Fuel$38
Annual Fuel$452
Total Fuel$2,262
Total Maintenance$2,750
Total Insurance$9,750
Resale Value$22,990
Total Cost of Ownership$33,572

BMW X5

Gas

Purchase Price$65,200
Monthly Fuel$146
Annual Fuel$1,750
Total Fuel$8,750
Total Maintenance$7,000
Total Insurance$12,500
Resale Value$36,512
Total Cost of Ownership$56,938

Toyota RAV4 Hybrid

Hybrid

Best
Purchase Price$35,385
Monthly Fuel$88
Annual Fuel$1,050
Total Fuel$5,250
Total Maintenance$5,000
Total Insurance$9,250
Resale Value$24,062
Total Cost of Ownership$30,823

Cost Over 5 Years

Year 1RAV4 Hybrid leads
Ioniq 5
$7,663
BMW X5
$12,789
RAV4 Hybrid
$6,527
Year 2RAV4 Hybrid leads
Ioniq 5
$14,795
BMW X5
$24,796
RAV4 Hybrid
$12,858
Year 3RAV4 Hybrid leads
Ioniq 5
$21,456
BMW X5
$36,107
RAV4 Hybrid
$19,010
Year 4RAV4 Hybrid leads
Ioniq 5
$27,700
BMW X5
$46,799
RAV4 Hybrid
$24,994
Year 5RAV4 Hybrid leads
Ioniq 5
$33,572
BMW X5
$56,938
RAV4 Hybrid
$30,823
Hyundai Ioniq 5 (EV)BMW X5 (GAS)Toyota RAV4 Hybrid (HYBRID)

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 $30,823 total.

Fuel vs Charging

Charging the Ioniq 5 costs about $452/year vs $1750/year for gas in the BMW X5. That's $1298/year in fuel savings alone.

Maintenance

EVs have fewer moving parts — no oil changes, less brake wear, no transmission fluid. The Ioniq 5 saves roughly $4250 in maintenance over the ownership period.

Depreciation & Resale

The BMW X5 holds 56% of its value vs 55% 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 $2,500/year for the BMW X5 in the total comparison.

Share Your Result

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I'd save $23,366 over 5 years with a Hyundai Ioniq 5 vs BMW X5. 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 $41,800, it costs around $550/year to maintain and $1,950/year to insure.

About the BMW X5

The BMW X5 is a gas-powered suv achieving 24 MPG. Priced at $65,200, it costs around $1,400/year to maintain and $2,500/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.

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