Hyundai IONIQ 5 N vs Toyota bZ Woodland: cost to own

Verdict, over 6 years

The Toyota bZ Woodland costs about $33,078 less

That's $459 a month. Closest matching trims: same fuel and drive where possible.
IONIQ 5 N$1,871/moTrue cost
bZ Woodland✓ $1,411/moTrue cost
2027 Hyundai IONIQ 5 N
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 Toyota bZ Woodland
2026 Toyota bZ Woodland
Closest matching trim: bZ Woodland
Sticker (MSRP)$59,900
+$11,269→↓Freight, fees, HST
Drive away$71,169
+ running costs→↓− $23,986 resale
True cost$1,411/moA month to own, after resale

Line by line

Price
Sticker (MSRP)$78,199✓ $59,900bZ Woodland by $18,299
Freight and fees, before tax✓ $3,045$3,081IONIQ 5 N by $36
Sales tax (HST)$10,562✓ $8,188bZ Woodland by $2,374
Drive-away price$91,806✓ $71,169bZ Woodland by $20,637
Running costs, 6 years
Fuel or charging$4,490✓ $3,010bZ Woodland by $1,480
Insurance (estimate)$20,786✓ $16,959bZ Woodland by $3,827
Maintenance (estimate)$7,859✓ $5,993bZ Woodland by $1,866
Loan rate6.5%6.5%—
Loan interest$18,257✓ $13,916bZ Woodland by $4,341
Lost return on your money$18,448✓ $14,466bZ Woodland by $3,982
Resale after 6 yrs✓ −$27,040−$23,986IONIQ 5 N by $3,054
Total
True cost$134,696✓ $101,618bZ Woodland by $33,078
True cost a month$1,871/mo✓ $1,411/mobZ Woodland by $460
You pay each month$1,921/mo✓ $1,474/mobZ Woodland by $447
Practical
Fuel typeElectricElectric—
Seats55—
Carry-ons, 2 people68+—
Towing, lb—3,500—
Fast charge, minutes18 (10-80%)30 (10-80%)—
Cargo behind row 2, litres740✓ 957—
Range, km (winter about 70%)356 (249)✓ 452 (316)—
Length4.71 m4.83 m—
Ground clearance14 cm✓ 22 cm—
Resale % after 6 yrs35%✓ 40%—
US crash testNot rated yet✓ 5★—
Price
Sticker (MSRP)
IONIQ 5 N $78,199bZ Woodland ✓ $59,900Cheaper by bZ Woodland by $18,299
Freight and fees, before tax
IONIQ 5 N ✓ $3,045bZ Woodland $3,081Cheaper by IONIQ 5 N by $36
Sales tax (HST)
IONIQ 5 N $10,562bZ Woodland ✓ $8,188Cheaper by bZ Woodland by $2,374
Drive-away price
IONIQ 5 N $91,806bZ Woodland ✓ $71,169Cheaper by bZ Woodland by $20,637
Running costs, 6 years
Fuel or charging
IONIQ 5 N $4,490bZ Woodland ✓ $3,010Cheaper by bZ Woodland by $1,480
Insurance (estimate)
IONIQ 5 N $20,786bZ Woodland ✓ $16,959Cheaper by bZ Woodland by $3,827
Maintenance (estimate)
IONIQ 5 N $7,859bZ Woodland ✓ $5,993Cheaper by bZ Woodland by $1,866
Loan rate
IONIQ 5 N 6.5%bZ Woodland 6.5%Cheaper by —
Loan interest
IONIQ 5 N $18,257bZ Woodland ✓ $13,916Cheaper by bZ Woodland by $4,341
Lost return on your money
IONIQ 5 N $18,448bZ Woodland ✓ $14,466Cheaper by bZ Woodland by $3,982
Resale after 6 yrs
IONIQ 5 N ✓ −$27,040bZ Woodland −$23,986Cheaper by IONIQ 5 N by $3,054
Total
True cost
IONIQ 5 N $134,696bZ Woodland ✓ $101,618Cheaper by bZ Woodland by $33,078
True cost a month
IONIQ 5 N $1,871/mobZ Woodland ✓ $1,411/moCheaper by bZ Woodland by $460
You pay each month
IONIQ 5 N $1,921/mobZ Woodland ✓ $1,474/moCheaper by bZ Woodland by $447
Practical
Fuel type
IONIQ 5 N ElectricbZ Woodland ElectricCheaper by —
Seats
IONIQ 5 N 5bZ Woodland 5Cheaper by —
Carry-ons, 2 people
IONIQ 5 N 6bZ Woodland 8+Cheaper by —
Towing, lb
IONIQ 5 N —bZ Woodland 3,500Cheaper by —
Fast charge, minutes
IONIQ 5 N 18 (10-80%)bZ Woodland 30 (10-80%)Cheaper by —
Cargo behind row 2, litres
IONIQ 5 N 740bZ Woodland ✓ 957Cheaper by —
Range, km (winter about 70%)
IONIQ 5 N 356 (249)bZ Woodland ✓ 452 (316)Cheaper by —
Length
IONIQ 5 N 4.71 mbZ Woodland 4.83 mCheaper by —
Ground clearance
IONIQ 5 N 14 cmbZ Woodland ✓ 22 cmCheaper by —
Resale % after 6 yrs
IONIQ 5 N 35%bZ Woodland ✓ 40%Cheaper by —
US crash test
IONIQ 5 N Not rated yetbZ Woodland ✓ 5★Cheaper by —

✓ marks the better figure. Resale for both is typical for their type and brand (unless you lease). Their stickers differ by $18,299.