Mazda MX-5 vs Hyundai Ioniq 5

What's the difference?

VS
Mazda MX-5
Mazda MX-5

$37,990 - $55,990

2024 price

Hyundai Ioniq 5
Hyundai Ioniq 5

$42,449 - $92,950

2024 price

Summary

2024 Mazda MX-5
2024 Hyundai Ioniq 5
Safety Rating

Engine Type
Inline 4, 2.0L

Not Applicable, 0.0L
Fuel Type
Premium Unleaded Petrol

Electric
Fuel Efficiency
6.9L/100km (combined)

0.0L/100km (combined)
Seating
2

5
Dislikes
  • Compromised as a daily driver
  • Tan Nappa leather only in Automatic
  • Nearing the end of its life :(

  • Awkward exterior door handles
  • No spare wheel
  • Big turning circle
2024 Mazda MX-5 Summary

It's not often a car is elevated to 'icon' status, cars like the VW Beetle, Porsche 911, Toyota LandCruiser or Ford Mustang - but the Mazda MX-5 has quietly been the best choice for keen drivers who don't want to break the bank with a big sticker price or costly maintenance.

The ND MX-5 has been around since 2015, and while it’s been praised as a return to the original, simple formula of the NA MX-5 from the late 80s and early 90s, it’s getting close to a decade old.

So, a little refresh with some new tech and a mechanical tweak is here to make the roadster feel like a playful pup once more.

And what better place to test that out than a combination of the winding roads of the Adelaide Hills wine region, paired nicely with a main course of track driving at The Bend Motorsport Park?

View full pricing & specs
2024 Hyundai Ioniq 5 Summary

What is it about single letters and performance cars? 

BMW has M, Volkswagen has R, Lexus has F, and with only 23 choices left Hyundai opted for N - which stands for Namyang, site of the brand’s sprawling proving ground and development centre in South Korea, and Nurburgring, the famous German racing circuit where its performance cars are fine-tuned.

And like BMW M Sport, VW R-Line and Lexus F Sport, the Korean giant has N Line as a ‘lite’ option. Sporty models that add a little more punch and visual flair without crossing the line into hardcore hot-rod territory. 

And this is one its latest examples, the pure-electric Ioniq 5 SUV in top-spec Epiq AWD trim and equipped with the N Line Option Pack as well as the tricky Digital Mirror Pack.

In this configuration it slots into the $90K price band, which means it has a lot to live up to in terms of performance, safety, driving dynamics, value and more. 

So, stay with us to see if this premium five-seater is the kind of sporty EV SUV that gets your heart racing.

View full pricing & specs

Deep dive comparison

2024 Mazda MX-5 2024 Hyundai Ioniq 5

Change vehicle