Hyundai Ioniq 5 vs Subaru Forester
Data verified April 2025
At this driving profile, the Subaru Forester is the more economical choice over 5 years in New South Wales.
Running only 15,000 km per year in New South Wales, the Hyundai Ioniq 5's higher purchase price doesn't fully pay back through lower running costs within 5 years. The Hyundai Ioniq 5 costs $130,866 in total versus $80,069 for the Subaru Forester — a difference of $50,798. The numbers don't reach break-even within this holding period. If you drive significantly more km per year, or if petrol prices rise substantially, this comparison would shift. The Hyundai Ioniq 5 still avoids around 3,888 kg of CO₂ over the ownership period.
The economics don't stack up at this driving distance — increase annual km or extend the holding period to change the picture.
Frequently asked questions
Is the Hyundai Ioniq 5 cheaper than the Subaru Forester over 5 years in Australia?
At 15,000 km/yr in NSW the Subaru Forester is the cheaper option over 5 years: $80,069 total versus $130,866 for the Hyundai Ioniq 5. Use the calculator above to adjust for your driving distance.
Does the Hyundai Ioniq 5 break even against the Subaru Forester?
At 15,000 km/yr in NSW the Hyundai Ioniq 5 does not fully recover its price premium within a 5-year holding period. Higher annual km or an extended holding period would improve the picture. Use the calculator above to model your situation.
How much does it cost to charge the Hyundai Ioniq 5 vs fuel the Subaru Forester per year?
At 15,000 km/yr in NSW, charging the Hyundai Ioniq 5 costs approximately $965/yr (blending home and public charging), versus $2,407/yr in petrol for the Subaru Forester.
How savings vary by state
5-year total cost at 15,000 km/yr using each state's electricity and fuel rates. Click a state for the full breakdown.
| State | EV saving over 5 yrs | Break-even |
|---|---|---|
| New South Wales | $50,798 | > 5 yrs |
| Victoria | $50,707 | > 5 yrs |
| Queensland | $47,983 | > 5 yrs |
| Western Australia | $47,966 | > 5 yrs |
| South Australia | $49,688 | > 5 yrs |
| Tasmania | $47,115 | > 5 yrs |
| Australian Capital Territory | $47,457 | > 5 yrs |
| Northern Territory | $46,547 | > 5 yrs |