Hyundai Ioniq Hybrid (2016-2022) running costs, insurance, warranty & tax
The Hyundai Ioniq Hybrid is cheaper to buy than a Toyota Prius, and cheap enough to challenge conventional hatchbacks like the Volkswagen Golf
Insurance groups | Warranty | Service intervals | Annual company-car tax cost (20%/40%) |
---|---|---|---|
11-12 | 5yrs/unlimited miles | 1yr/10,000 miles | From £1,182/£2,364 |
The Ioniq Hybrid undercut the hybrid Toyota Prius when they were available new, which was one of the key reasons buyers were likely to consider it. The Hyundai also stands toe-to-toe with the Toyota’s fuel-economy and CO2 figures, while beating the 58.9mpg of the Kia Niro Hybrid, with its less aerodynamic SUV styling.
Hyundai Ioniq Hybrid insurance group
Insurance groups range from 11-12, which is on par with the Prius. For context, a Hyundai i10 city car falls into the same insurance groups, so this is about as cheap as insurance gets.
Warranty
Hyundai offers a five-year/unlimited-mileage warranty, which is one of the best on the market given that most normal diesel or petrol cars have three years of cover. Toyota offers a three-year/60,000-mile warranty (which can be extended up to 10 years with regular Toyota servicing), while Kia betters them both with seven years/100,000 miles of standard cover.
Servicing
The Ioniq Hybrid will tell you when it needs servicing by pinging up a message on the dashboard, so the intervals between scheduled maintenance will vary depending on how you use the car. Whatever mileage you do, Hyundai’s fixed-price servicing plans are affordable, and you can even extend the plan to five or eight years. Go with one of Hyundai’s official servicing plans and you also get free roadside assistance.
Road tax
The Hyundai Ioniq doesn’t get free access to the London Congestion Charge zone (only fully electric cars do these days), while normal road tax will cost £155 a year – a £10 saving compared to a non-hybrid car.