Tesla Model 3 vs Hyundai Ioniq 5 N

SpecTesla Model 32024Hyundai Ioniq 5 N2024
Price (OTR)£42,990£65,995
Power340 bhp641 bhp
Torque493 Nm770 Nm
0–60 mph4.2 secs3.4 secs
Top Speed138 mph161 mph
MPG (combined)
CO₂0 g/km0 g/km
Boot Space594 litres527 litres
Kerb Weight1761 kg2190 kg
EngineElectricElectric
TransmissionSingle-speed AutoSingle-speed Auto
DrivetrainAWDAWD
Insurance Group5050
Annual Tax£0£0
Euro NCAP5 / 5 stars5 / 5 stars
Seats55
Fuel TypeElectricElectric

Running Costs Calculator

Adjust the inputs to estimate what each car will cost you to own.

Over 3 yearsTesla Model 3Hyundai Ioniq 5 N
Fuel / energy£2,314£2,314
Road tax (VED)£0£0
Insurance (est.)£7,200£7,200
Depreciation (est.)£17,196£26,398
Total cost£26,710£35,912
How these numbers are calculated
  • Fuel cost uses the car's combined MPG and the price you enter.
  • EV energy cost assumes 3.5 mi/kWh (UK average). Real efficiency varies by car and driving style.
  • Insurance is a rough estimate based on the car's insurance group — your actual quote depends on age, location, and history.
  • Depreciation assumes 40% loss over 3 years, scaled linearly. Premium brands and EVs can deviate significantly.
  • Road tax uses the published first-year and standard VED for the car's CO₂ band.