Browse over 9,000 car reviews

Trending News

"No excessive mark-ups": Hyundai Australia selling used Hyundai Ioniq 5 electric cars online, looking to own part of second-hand EV market

Some of the Ioniq 5s up for sale were customer cars, while others are ex-company models, including media evaluation vehicles.

Hyundai Australia is trialling a system in which it offers used Ioniq 5 electric cars for sale to customers from its website, in a program it says features a “mix of ex-company cars and customer cars”.

The Hyundai Ioniq 5s up for grabs currently are priced between $68,200 and $75,150 driveaway, with none showing more than 20,000km on their odometers.

A base 2023 Ioniq 5 Dynamiq currently costs $72,000 before on-roads as new.

The pricing has been set by Hyundai Australia to avoid “excessive mark-ups due to high demand”, with the first 23 cars up for grabs all located in Sydney, the same city as Hyundai Australia’s HQ.

The company plans to “roll out a broader program” in which it will regularly update its website with pre-owned models, all of which “come with the balance of new vehicle warranty” and “at least one-month registration and CTP”.

Available from today on the company’s website, the models range from relatively base-model RWD variants to higher-spec Techniq AWD variants, and are all priced as driveaway.

The Hyundai Ioniq 5s up for grabs currently are priced between ,200 and ,150 driveaway.

While some are ex-customer cars that have been traded in after being used for a year or so, some of the cars are former Hyundai Motor Company Australia cars, with some even being recognisable as cars that have been loaned to media outlets for review and evaluation.

At the time of writing, only 22 of the 23 initial offerings are visible on the Hyundai website.

Similar programs have been launched by other brands, such as BMW with its ‘BMW Premium Certified’ used cars, or Audi’s ‘Approved plus’ system.

Chris Thompson
Journalist
Racing video games, car-spotting on road trips, and helping wash the family VL Calais Turbo as a kid were all early indicators that an interest in cars would stay present in Chris’ life, but loading up his 1990 VW Golf GTI Mk2 and moving from hometown Brisbane to work in automotive publishing in Melbourne ensured cars would be a constant. With a few years as MOTOR Magazine’s first digital journalist under his belt, followed by a stint as a staff journalist for Wheels Magazine, Chris’ career already speaks to a passion for anything with four wheels, especially the 1989 Mazda MX-5 he currently owns. From spending entire weeks dissecting the dynamic abilities of sports cars to weighing up the practical options for car buyers from all walks of life, Chris’ love for writing and talking about cars means if you’ve got a motoring question, he can give you an answer.
About Author
Trending News

Comments