Hyundai Ioniq 5 and Tesla Model 3 – Same Price – Which is Better?

InsideEVs has taken a crack at deciding whether the Hyundai Ioniq 5 AWD or the Tesla Model 3 RWD is the better car given that both cost the same to purchase.

As this comparison review from Canada’s Everyday Reviews points out, the range-topping Ioniq 5 Top Trim AWD (Limited AWD in the US) costs 59,995 Canadian dollars (about $47,900) before incentives, while the entry-level Tesla Model 3 RWD starts at an almost identical 59,990 Canadian dollars ($47,900).

Now, in the US, the two EVs are priced a bit differently, with the Ioniq 5 Limited AWD starting at $50,600 compared to the Tesla Model 3 RWD’s $46,490 base MSRP. Still, the premise remains the same as a Model Y Long Range is much more expensive at $60,990. — InsideEVs

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