Blue Hyundai Ioniq 5 N, three-quarter front view

Hyundai Ioniq 5 N

2023– · Dual motor, 650 hp · simulated gears · track-cooled
8.5 / 10
Involvement 7.0 / 10

Why 8.5: Engineered for involvement — fake gears, real cooling, drift mode that works. Owners daily them and track them, and nobody has figured out how to speculate on a Hyundai. The category's proof of concept.

E-GMP performanceIoniq 5 NEV6 GTGV60 Performance
$ SMILES PER DOLLAR PAID IN GRINS 248,315 DAILY DRIVEN SEEN IN TRAFFIC BARGAIN WINDOW ALL-TIME PRICE LOW PEAK CAR · LOW PRICE
Miles actually driven8.5
Bought to drive, not to flip8.5
Track-day sightingscontext · not scored5.0
Handling · NGB-boost 641hp peak spec7.8
Sound1.2
Power-to-weight · heavyweight291 hp/t
641 hp · 2,200 kg

Layout

ELECTRIC · AWDbattery floore-motorfronte-motorrear50 %50 %approx. static weight distribution

Natural habitat

AUTOBAHN7.5at homeNORDSCHLEIFE7.0ALPS7.0

Ride comfort

3.5 – 6.0DAMPER RANGE1 · F4010 · S-Classadaptive dampers, N firm to daily comfort

Sound

N Active Sound+ runs ten speakers in sync with simulated eight-speed shifts, so a fake upshift lands with a real torque interruption behind it. But the Ignition setting is an impersonation of a four-cylinder that is not there, layered over an otherwise silent car.

electric · rated 1.2 / 10 for engine sound

DougScoreNot yet revieweddougdemuro.com

Market value

Median asking price, good condition · €59k (2024) → €44k (2026), trending down · illustrative data

€44k€59k20242026€44k

Child seats · ISOFIX

Rear seatsStandard

2nd-row outboard seats are marked green ("fitted to test car as standard") for both Isofix and i-Size; 2nd-row centre is a red cross.

Front passenger seatNot available

Euro NCAP's safety-features grid marks Isofix, i-Size and Integrated CRS all with a red cross for the front passenger seat — explicitly not available, not merely unlisted.

Sourced from the standard Ioniq 5 (the N shares its body/seats and Euro NCAP has not tested the N separately).

Euro NCAP Hyundai IONIQ 5 datasheet, Oct 2021 (Safety Features grid, p.6)

The long version

EVs depreciate hard as a category, and this one is no exception, down roughly a quarter from its first model year already, but here that curve reads as a feature rather than a warning sign, because a car this engineered for involvement was never bought as a store of value. Owners use the drift mode because Hyundai built it to be used, not screenshotted, and falling prices are pulling in buyers who want a track-day EV without new-car money. Daily Driven and Bargain Window together describe a car doing exactly what an enthusiast EV should: getting driven, then getting cheaper, then getting driven by someone else.

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