Three Reasons to Buy a 2024 Hyundai Ioniq 5 Instead of a 2024 Tesla Model 3

In the fast-evolving landscape of electric vehicles (EVs), discerning buyers are inundated with options that promise not only to meet but exceed their expectations for sustainability, technology, and performance. Among these, the 2024 Hyundai Ioniq 5 and the 2024 Tesla Model 3 stand out as frontrunners. Yet, when it comes down to making a choice, the Ioniq 5 presents compelling arguments that might tip the scales in its favor. Here's why you might consider parking the Hyundai Ioniq 5 in your garage over the Tesla Model 3.

Significantly Quicker Charging Time

Time is a currency in today’s fast-paced world, and the Hyundai Ioniq 5 capitalizes on this by offering an exceptionally quick charging time. Equipped to utilize a SAE Combo Fast Charge (Level 3 - 350kW), the Ioniq 5 can be recharged from 10% to 80% in just 17 minutes and 16 seconds. This is a significant leap forward in charging technology, offering drivers more time on the road and less time tethered to a charging station. For those who value efficiency and convenience, this faster charging capability makes the Ioniq 5 a more appealing option than the Tesla Model 3, which does not support 350kW fast charging.

Charging Time Comparison: Hyundai Ioniq 5 vs. Tesla Model 3

A Lot More Space

Space is a luxury, and the Hyundai Ioniq 5 offers it in abundance. Whether it's legroom for a comfortable drive, shoulder room to avoid feeling cramped, or cargo space for those long trips and adventures, the Ioniq 5 has you covered. With front leg room of 1,138 mm and rear leg room of 1,001 mm, it comfortably accommodates passengers of all sizes. Additionally, cargo capacity is generous, with 770 liters available with rear seats up and an impressive 1,679 liters when the rear seats are down. Compared to the Tesla Model 3, which has a trunk volume of 595 liters and less overall passenger space, the Ioniq 5 is the clear winner for those who prioritize comfort and utility in their vehicle choice.

Interior Space Comparison: Hyundai Ioniq 5 vs. Tesla Model 3

More Affordable with Better Leasing Options

Value for money is a critical factor in any vehicle purchase, and the Hyundai Ioniq 5 shines in this aspect as well. Starting at $54,999 for the RWD model and $56,999 for the AWD model, the Ioniq 5 is priced competitively, offering a slew of features and benefits that stand up to the more expensive Tesla Model 3. Coupled with attractive financing rates of 6.29% over 60 months, the Ioniq 5 becomes an even more enticing option. Moreover, the 2024 Ioniq 5 gives you more flexible leasing options. One example is that Tesla leasing requires that you return the vehicle at the end of the lease. If you lease an Ioniq 5, you can decide to either keep the vehicle by buying it back or return it. In other words, the Ioniq 5 offers traditional leasing options that give buyers the options they expect from a lease.

Choosing an electric vehicle is a statement about one's commitment to sustainable living, but it's also a decision influenced by factors such as technology, comfort, and financial sense. In the comparison between the 2024 Hyundai Ioniq 5 and the 2024 Tesla Model 3, the Ioniq 5 distinguishes itself with its rapid charging capabilities, expansive interior space, and a pricing structure that offers undeniable value. For those in the market for an electric vehicle that doesn't compromise on convenience, comfort, or cost, the Hyundai Ioniq 5 presents a compelling case that's hard to ignore.