Hyundai IONIQ 5 vs VinFast VF8: cost to own

Verdict, over 6 years

The VinFast VF8 costs about $4,947 less

That's $69 a month. Closest matching trims: same fuel and drive where possible.

IONIQ 5 Preferred Long Range AWD$1,446/moTrue cost

VF8 Eco✓ $1,377/moTrue cost

2026 Hyundai IONIQ 5

Closest matching trim: IONIQ 5 Preferred Long Range AWD

Sticker (MSRP)$57,499

+$10,916→↓Freight, fees, HST

Drive away$68,415

+ running costs→↓− $19,882 resale

True cost$1,446/moA month to own, after resale

2025 VinFast VF8

Closest matching trim: VF8 Eco

Sticker (MSRP)$54,490

+$10,825→↓Freight, fees, HST

Drive away$65,315

+ running costs→↓− $18,842 resale

True cost$1,377/moA month to own, after resale

Line by line


Price
Sticker (MSRP)	$57,499	✓ $54,490	VF8 by $3,009
Freight and fees, before tax	✓ $3,045	$3,311	IONIQ 5 by $266
Sales tax (HST)	$7,871	✓ $7,514	VF8 by $357
Drive-away price	$68,415	✓ $65,315	VF8 by $3,100
Running costs, 6 years
Fuel or charging	✓ $3,380	$4,826	IONIQ 5 by $1,446
Insurance (estimate)	$19,268	✓ $16,233	VF8 by $3,035
Maintenance (estimate)	$5,572	✓ $5,524	VF8 by $48
Loan rate	6.5%	6.5%	—
Loan interest	$13,337	✓ $12,685	VF8 by $652
Lost return on your money	$13,935	✓ $13,337	VF8 by $598
Resale after 6 yrs	✓ −$19,882	−$18,842	IONIQ 5 by $1,040
Total
True cost	$104,116	✓ $99,169	VF8 by $4,947
True cost a month	$1,446/mo	✓ $1,377/mo	VF8 by $69
You pay each month	$1,459/mo	✓ $1,384/mo	VF8 by $75
Practical
Fuel type	Electric	Electric	—
Seats	5	5	—
Carry-ons, 2 people	6	Not published	—
Towing, lb	2,700	✓ 3,950	—
Fast charge, minutes	18 (10-80%)	31 (10-70%)	—
Cargo behind row 2, litres	745	Not published	—
Range, km (winter about 70%)	✓ 463 (324)	412 (288)	—
Length	4.66 m	4.75 m	—
Ground clearance	16 cm	—	—
Resale % after 6 yrs	35%	35%	—
US crash test	Not rated yet	✓ 4★	—
European crash test	✓ 5★ (2021)	4★ (2023)	—

Price

Sticker (MSRP)

IONIQ 5 Preferred Long Range AWD $57,499VF8 Eco ✓ $54,490Cheaper by VF8 by $3,009

Freight and fees, before tax

IONIQ 5 Preferred Long Range AWD ✓ $3,045VF8 Eco $3,311Cheaper by IONIQ 5 by $266

Sales tax (HST)

IONIQ 5 Preferred Long Range AWD $7,871VF8 Eco ✓ $7,514Cheaper by VF8 by $357

Drive-away price

IONIQ 5 Preferred Long Range AWD $68,415VF8 Eco ✓ $65,315Cheaper by VF8 by $3,100

Running costs, 6 years

Fuel or charging

IONIQ 5 Preferred Long Range AWD ✓ $3,380VF8 Eco $4,826Cheaper by IONIQ 5 by $1,446

Insurance (estimate)

IONIQ 5 Preferred Long Range AWD $19,268VF8 Eco ✓ $16,233Cheaper by VF8 by $3,035

Maintenance (estimate)

IONIQ 5 Preferred Long Range AWD $5,572VF8 Eco ✓ $5,524Cheaper by VF8 by $48

Loan rate

IONIQ 5 Preferred Long Range AWD 6.5%VF8 Eco 6.5%Cheaper by —

Loan interest

IONIQ 5 Preferred Long Range AWD $13,337VF8 Eco ✓ $12,685Cheaper by VF8 by $652

Lost return on your money

IONIQ 5 Preferred Long Range AWD $13,935VF8 Eco ✓ $13,337Cheaper by VF8 by $598

Resale after 6 yrs

IONIQ 5 Preferred Long Range AWD ✓ −$19,882VF8 Eco −$18,842Cheaper by IONIQ 5 by $1,040

Total

True cost

IONIQ 5 Preferred Long Range AWD $104,116VF8 Eco ✓ $99,169Cheaper by VF8 by $4,947

True cost a month

IONIQ 5 Preferred Long Range AWD $1,446/moVF8 Eco ✓ $1,377/moCheaper by VF8 by $69

You pay each month

IONIQ 5 Preferred Long Range AWD $1,459/moVF8 Eco ✓ $1,384/moCheaper by VF8 by $75

Practical

Fuel type

IONIQ 5 Preferred Long Range AWD ElectricVF8 Eco ElectricCheaper by —

Seats

IONIQ 5 Preferred Long Range AWD 5VF8 Eco 5Cheaper by —

Carry-ons, 2 people

IONIQ 5 Preferred Long Range AWD 6VF8 Eco Not publishedCheaper by —

Towing, lb

IONIQ 5 Preferred Long Range AWD 2,700VF8 Eco ✓ 3,950Cheaper by —

Fast charge, minutes

IONIQ 5 Preferred Long Range AWD 18 (10-80%)VF8 Eco 31 (10-70%)Cheaper by —

Cargo behind row 2, litres

IONIQ 5 Preferred Long Range AWD 745VF8 Eco Not publishedCheaper by —

Range, km (winter about 70%)

IONIQ 5 Preferred Long Range AWD ✓ 463 (324)VF8 Eco 412 (288)Cheaper by —

Length

IONIQ 5 Preferred Long Range AWD 4.66 mVF8 Eco 4.75 mCheaper by —

Ground clearance

IONIQ 5 Preferred Long Range AWD 16 cmVF8 Eco —Cheaper by —

Resale % after 6 yrs

IONIQ 5 Preferred Long Range AWD 35%VF8 Eco 35%Cheaper by —

US crash test

IONIQ 5 Preferred Long Range AWD Not rated yetVF8 Eco ✓ 4★Cheaper by —

European crash test

IONIQ 5 Preferred Long Range AWD ✓ 5★ (2021)VF8 Eco 4★ (2023)Cheaper by —

✓ marks the better figure. Resale for both is typical for their type and brand (unless you lease). Their stickers differ by $3,009.