Hyundai Ioniq 6 SE cost to own in Tennessee — the true 5-year total
The Hyundai Ioniq 6 SE starts at $42,000. As of July 1, 2026, over 5 years, owning one (EV) costs about $53,428 in Tennessee — $890/month, $0.89/mile — including depreciation, charging (with the ~12% AC charging loss most calculators ignore), maintenance, insurance, financing and fees. That's $18,673 more than a comparable Honda Civic LX (gas) over the same 5 years. Tennessee's electricity (14.9¢/kWh) is 21% below the U.S. average, and gas runs $3.38/gal here — both fed straight into the numbers above. The federal $7,500 EV credit expired Sept 30, 2025 and is not applied.
Hyundai Ioniq 6 SE · Tennessee · 5-year estimate$53,428 total · $890/mo · $0.89/mi
Where the money goes
| Cost component | Electric · Hyundai Ioniq 6 SE | Gas · Honda Civic LX |
|---|---|---|
| Depreciation (estimated) | $24,360 (46%) | $9,144 (26%) |
| Charging / fuel | $3,178 (6%) | $5,633 (16%) |
| ↳ of which charging loss | 12% (~$381) | — |
| Maintenance | $3,660 (7%) | $4,620 (13%) |
| Insurance | $13,750 (26%) | $11,000 (32%) |
| Financing interest | $7,335 (14%) | $4,213 (12%) |
| Registration & fees | $1,145 (2%) | $145 (0%) |
| Total cost of ownership | $53,428 | $34,755 |
The charging-loss row is the ~10–15% of electricity lost to AC charging that you pay for but never reaches the battery — we include it; most calculators don't.
Hyundai Ioniq 6 SE specs & assumptions
- Starting MSRP
- $42,000manufacturer base
- Powertrain
- Electric
- Efficiency
- 24 kWh/100miEPA
- Range
- 342 miEPA
- Tennessee electricity
- 14.9¢/kWhEIA
- Annual miles (assumed)
- 12,000adjustable in tool
Compare the Hyundai Ioniq 6 SE against any car, your miles & your state
What else moves your Hyundai Ioniq 6 SE cost
The 5-year total already folds in depreciation, charging, insurance, maintenance and financing. Here's how the biggest levers work — and the ones that sit outside the total.
- Financing. Borrow the full $42,000 at a typical 7.2% new-car APR over 60 months and interest alone adds about $8,137. Lower the APR or add a down payment in the calculator and the total drops — financing is in the 5-year figure above.
- Insurance. This model averages about $2,750/yr to insure — roughly $550/yr more than a comparable gas car ($2,200/yr), as EV parts and repairs tend to cost more — our own estimate, calibrated to Insurify/Bankrate 2026, and already in the total above.
- Home charger. A Level 2 home charger is a one-time $500–$2,000 installed (depends on your panel and wiring) — not in the total above, but it pays back fast versus public fast-charging.
- Tires. EVs are heavier and make instant torque, so tires can wear ~20% faster — a real running cost most comparisons skip. We fold a higher maintenance rate for EVs into the total.
- Where you charge. Public DC fast-charging can cost 2–3× your home rate. The total assumes 80% home charging; if you can't charge at home, lower that share in the calculator to see the real cost.
Hyundai Ioniq 6 SE battery — replacement cost & lifespan
Most EVs never need a battery replacement inside the 10-year / 100,000-mile warranty, so this is not in the 5-year total above — but it's the cost buyers worry about most, so here it is transparently.
- Out-of-warranty replacement
- $11,500–$16,500estimate
- Battery warranty
- 10 yr / 100,000 mimanufacturer
- Typical lifespan
- ~15 yrindustry est.
Cost to charge the Hyundai Ioniq 6 SE at home
A full charge of the Hyundai Ioniq 6 SE costs about $13, and it runs about $4.07 per 100 mi at home — versus about $11.27 for a typical 30 mpg gas car. Home charging only (the ~12% AC charging loss is included); public DC fast-charging is billed per session by each network — often 2–3× the home rate — and isn't in these figures.
- Full charge (77 kWh usable)
- $13pack ÷ (1 − 12% loss) × $0.15/kWh
- Per 100 mi at home
- $4.0724 kWh/100mi + 12% charging loss × $0.15/kWh
- A typical 30 mpg gas car
- $11.27/100miat $3.38/gal — for comparison
Recalls & reliability record — Ioniq 6
Official U.S. National Highway Traffic Safety Administration (NHTSA) safety record for the Ioniq 6, MY 2023–2026. Figures cover all powertrains and trims sold under the Ioniq 6 nameplate for the model years shown. A recall means a free remedy is available at no cost. Source: NHTSA (nhtsa.gov), data as of .
Recalls (6)
- Seat Belts
Dealers will inspect and reinforce or replace the seat belt anchors, as necessary, free of charge.
- Electrical System
Dealers will apply an adhesive on the charging port door assembly, free of charge.
- Electrical System
Dealers will inspect and replace the ICCU and its fuse, as necessary.
- Power Train
Dealers will replace the gear drive unit, free of charge.
- Electrical System
This recall is replaced by NHTSA recall number 24V-868.
- Power Train
Dealers will replace the rear inner driveshaft, free of charge.
Full recall history: every Ioniq 6 campaign →
Consumer complaints
NHTSA has 126 consumer complaints on file for the Ioniq 6 (MY 2023–2026). The most-reported areas: Electrical System, Power Train, Fuel/Propulsion System. Complaints are unverified reports submitted by consumers to NHTSA.
Hyundai Ioniq 6 SE head-to-head comparisons
The 5-year cost gap against the cars buyers cross-shop:
← Hyundai Ioniq 6 SE cost (U.S. average)