Not quite so extreme on the starting mileage, but I bought a 2013 Fiat 500e in 2018 for $5000 with 66,000 miles on it. Now in late 2024 with 86,000 miles on it - battery range degradation is not that bad and I can still regularly get ~ 80 miles and comfortably do trips (using A/C or Heat ) on a 65 miles round trip. If the range finally falls off a cliff I could get a 100% rebuild pack for another $7000. But then again, I could just buy a 2018 Fiat 500e for around that amount too.
A used Ioniq 5 for $20k is a great deal considering what $20k gets you on the marketplace. You get an EV with good range, years of warranty, and great features/tech inside and out. $20K in gas land gets you a 6-8 year old car with 50k-70k miles for mid level trims. Yes you will have some range anxiety (rather charger anxiety), you will spend some money upfront to home charge (if you can't home charger, even Level 1, DO NOT GET AN EV) and yes you will be a little scared about the battery due to the tons of FUD onine and on YT. Consider that many youtubers get more views with doomer takes. I went EV due to it being cheaper than the ICE cars I wanted, I no longer wanted to need premium for my turbo, hybrids weren't were I'd like them to be for me to buy one (Rave4Prime was the exception but lots of glue sniffers on the used market trying to recoup 90-100% of what they spent 4 years later and 40k miles). My insurance would go up slightly, my yearly registration went up quite a bit (georgia charges $200/yr instead of $50 for gas vehicles). I also had to pay $500 to get my home charging set up. However I did the math and I'd be saving $1k /month at least with this car and avoiding alot of the maintenance I had to do for all of my ICE cars. Not having to deal with gas station shenanigans is a side benefit. Charging at home -work and public I maybe spent $100 for just under 2k miles. Also for the power and amenities I get, I'd have to spent around $35k on the used market at least and be without warranty. Saved about $5k there and no I didn't qualify for any tax credits. Do your research, avoid buybacks, and take advantage of the depreciation and FUD and try one out.
Realistically, your going to need to pay ~$25,000 for a solid used Ioniq 5 RWD base model standard range. Most folks are currently paying $29,000+ for the long range and better trims.
Wow! 76K miles on a two year old car, I would question if this was used for Uber/Lyft or Turo and have a battery degradation test performed on it.
Not quite so extreme on the starting mileage, but I bought a 2013 Fiat 500e in 2018 for $5000 with 66,000 miles on it. Now in late 2024 with 86,000 miles on it - battery range degradation is not that bad and I can still regularly get ~ 80 miles and comfortably do trips (using A/C or Heat ) on a 65 miles round trip. If the range finally falls off a cliff I could get a 100% rebuild pack for another $7000. But then again, I could just buy a 2018 Fiat 500e for around that amount too.
Where in the world are you finding these for $20,000? The cheapest one within 200 miles of me is $27,960.
A used Ioniq 5 for $20k is a great deal considering what $20k gets you on the marketplace. You get an EV with good range, years of warranty, and great features/tech inside and out.
$20K in gas land gets you a 6-8 year old car with 50k-70k miles for mid level trims.
Yes you will have some range anxiety (rather charger anxiety), you will spend some money upfront to home charge (if you can't home charger, even Level 1, DO NOT GET AN EV) and yes you will be a little scared about the battery due to the tons of FUD onine and on YT.
Consider that many youtubers get more views with doomer takes.
I went EV due to it being cheaper than the ICE cars I wanted, I no longer wanted to need premium for my turbo, hybrids weren't were I'd like them to be for me to buy one (Rave4Prime was the exception but lots of glue sniffers on the used market trying to recoup 90-100% of what they spent 4 years later and 40k miles). My insurance would go up slightly, my yearly registration went up quite a bit (georgia charges $200/yr instead of $50 for gas vehicles). I also had to pay $500 to get my home charging set up.
However I did the math and I'd be saving $1k /month at least with this car and avoiding alot of the maintenance I had to do for all of my ICE cars. Not having to deal with gas station shenanigans is a side benefit. Charging at home -work and public I maybe spent $100 for just under 2k miles.
Also for the power and amenities I get, I'd have to spent around $35k on the used market at least and be without warranty. Saved about $5k there and no I didn't qualify for any tax credits.
Do your research, avoid buybacks, and take advantage of the depreciation and FUD and try one out.
Realistically, your going to need to pay ~$25,000 for a solid used Ioniq 5 RWD base model standard range. Most folks are currently paying $29,000+ for the long range and better trims.
What's the website you showed in the video where you were looking for cars?
i dont think anyone always keeps it in sport mode lol. maybe if they immediately switch from ICE, but it's all about the range.