Hyundai IONIQ 5 N vs Lexus RZ All-Electric: cost to own

Verdict, over 6 years

The Lexus RZ All-Electric costs about $28,335 less

That's $394 a month. Closest matching trims: same fuel and drive where possible.

IONIQ 5 N$1,871/moTrue cost

RZ All-Electric 350e✓ $1,477/moTrue cost

2027 Hyundai IONIQ 5 N

Closest matching trim: IONIQ 5 N

Sticker (MSRP)$78,199

+$13,607→↓Freight, fees, HST

Drive away$91,806

+ running costs→↓− $27,040 resale

True cost$1,871/moA month to own, after resale

2026 Lexus RZ All-Electric

Closest matching trim: RZ All-Electric 350e

Sticker (MSRP)$59,990

+$11,591→↓Freight, fees, HST

Drive away$71,581

+ running costs→↓− $22,375 resale

True cost$1,477/moA month to own, after resale

Line by line


Price
Sticker (MSRP)	$78,199	✓ $59,990	RZ All-Electric by $18,209
Freight and fees, before tax	✓ $3,045	$3,356	IONIQ 5 N by $311
Sales tax (HST)	$10,562	✓ $8,235	RZ All-Electric by $2,327
Drive-away price	$91,806	✓ $71,581	RZ All-Electric by $20,225
Running costs, 6 years
Fuel or charging	$4,490	✓ $2,859	RZ All-Electric by $1,631
Insurance (estimate)	$20,786	✓ $16,959	RZ All-Electric by $3,827
Maintenance (estimate)	✓ $7,859	$8,697	IONIQ 5 N by $838
Loan rate	6.5%	6.5%	—
Loan interest	$18,257	✓ $14,003	RZ All-Electric by $4,254
Lost return on your money	$18,448	✓ $14,546	RZ All-Electric by $3,902
Resale after 6 yrs	✓ −$27,040	−$22,375	IONIQ 5 N by $4,665
Total
True cost	$134,696	✓ $106,361	RZ All-Electric by $28,335
True cost a month	$1,871/mo	✓ $1,477/mo	RZ All-Electric by $394
You pay each month	$1,921/mo	✓ $1,517/mo	RZ All-Electric by $404
Practical
Fuel type	Electric	Electric	—
Seats	5	5	—
Carry-ons, 2 people	6	8+	—
Fast charge, minutes	18 (10-80%)	30 (10-80%)	—
Cargo behind row 2, litres	740	✓ 966	—
Range, km (winter about 70%)	356 (249)	✓ 478 (335)	—
Length	4.71 m	4.80 m	—
Ground clearance	14 cm	✓ 20 cm	—
Resale % after 6 yrs	35%	✓ 37%	—
US crash test	Not rated yet	Not rated yet	—
European crash test	—	✓ 5★ (2023)	—

Price

Sticker (MSRP)

IONIQ 5 N $78,199RZ All-Electric 350e ✓ $59,990Cheaper by RZ All-Electric by $18,209

Freight and fees, before tax

IONIQ 5 N ✓ $3,045RZ All-Electric 350e $3,356Cheaper by IONIQ 5 N by $311

Sales tax (HST)

IONIQ 5 N $10,562RZ All-Electric 350e ✓ $8,235Cheaper by RZ All-Electric by $2,327

Drive-away price

IONIQ 5 N $91,806RZ All-Electric 350e ✓ $71,581Cheaper by RZ All-Electric by $20,225

Running costs, 6 years

Fuel or charging

IONIQ 5 N $4,490RZ All-Electric 350e ✓ $2,859Cheaper by RZ All-Electric by $1,631

Insurance (estimate)

IONIQ 5 N $20,786RZ All-Electric 350e ✓ $16,959Cheaper by RZ All-Electric by $3,827

Maintenance (estimate)

IONIQ 5 N ✓ $7,859RZ All-Electric 350e $8,697Cheaper by IONIQ 5 N by $838

Loan rate

IONIQ 5 N 6.5%RZ All-Electric 350e 6.5%Cheaper by —

Loan interest

IONIQ 5 N $18,257RZ All-Electric 350e ✓ $14,003Cheaper by RZ All-Electric by $4,254

Lost return on your money

IONIQ 5 N $18,448RZ All-Electric 350e ✓ $14,546Cheaper by RZ All-Electric by $3,902

Resale after 6 yrs

IONIQ 5 N ✓ −$27,040RZ All-Electric 350e −$22,375Cheaper by IONIQ 5 N by $4,665

Total

True cost

IONIQ 5 N $134,696RZ All-Electric 350e ✓ $106,361Cheaper by RZ All-Electric by $28,335

True cost a month

IONIQ 5 N $1,871/moRZ All-Electric 350e ✓ $1,477/moCheaper by RZ All-Electric by $394

You pay each month

IONIQ 5 N $1,921/moRZ All-Electric 350e ✓ $1,517/moCheaper by RZ All-Electric by $404

Practical

Fuel type

IONIQ 5 N ElectricRZ All-Electric 350e ElectricCheaper by —

Seats

IONIQ 5 N 5RZ All-Electric 350e 5Cheaper by —

Carry-ons, 2 people

IONIQ 5 N 6RZ All-Electric 350e 8+Cheaper by —

Fast charge, minutes

IONIQ 5 N 18 (10-80%)RZ All-Electric 350e 30 (10-80%)Cheaper by —

Cargo behind row 2, litres

IONIQ 5 N 740RZ All-Electric 350e ✓ 966Cheaper by —

Range, km (winter about 70%)

IONIQ 5 N 356 (249)RZ All-Electric 350e ✓ 478 (335)Cheaper by —

Length

IONIQ 5 N 4.71 mRZ All-Electric 350e 4.80 mCheaper by —

Ground clearance

IONIQ 5 N 14 cmRZ All-Electric 350e ✓ 20 cmCheaper by —

Resale % after 6 yrs

IONIQ 5 N 35%RZ All-Electric 350e ✓ 37%Cheaper by —

US crash test

IONIQ 5 N Not rated yetRZ All-Electric 350e Not rated yetCheaper by —

European crash test

IONIQ 5 N —RZ All-Electric 350e ✓ 5★ (2023)Cheaper by —

✓ marks the better figure. Resale for both is typical for their type and brand (unless you lease). Their stickers differ by $18,209.