Hyundai IONIQ 5 N vs Lexus RZ

The Hyundai IONIQ 5 N starts from $115,000 before on-road costs, while the Lexus RZ opens at $84,500. That makes the Lexus RZ the more affordable entry point by $30,500.

Once you factor in stamp duty, registration, CTP insurance, and dealer delivery, expect to add roughly 8-12% on top of the RRP depending on your state. That puts estimated driveaway prices in the ballpark of $126,500 and $92,950 respectively.

Both models qualify for Fringe Benefit Tax (FBT) exemption, which is a significant advantage for salary-sacrificed novated leases. Depending on your tax bracket, this can save $5,000-$15,000+ per year compared to an equivalent ICE vehicle.

ANCAP safety ratings have not been published for both models yet. We will update this section when crash test results are available.

How long each takes to charge — from a household power point to ultra-rapid DC — estimated from battery size and max charge rates.

Both come with modern infotainment systems. Apple CarPlay and Android Auto are standard across both.

The Hyundai IONIQ 5 N stands out with wireless Apple CarPlay/Android Auto, wireless charging, panoramic roof, ventilated seats, Bose audio and ambient lighting that you will not find on the Lexus RZ. The Lexus RZ counters with Apple CarPlay, V2L and Mark Levinson audio. Which feature set matters more depends on your daily routine and priorities.

The Hyundai IONIQ 5 N runs a pure electric powertrain producing 448kW and 740Nm of torque, sent through its transmission to a AWD layout. It covers the 0-100km/h sprint in 3.5 seconds.

The Lexus RZ responds with a Electric Motor making 280kW and 538Nm, paired to a automatic driving all four wheels. It gets to 100km/h in 4.6 seconds.

The Hyundai IONIQ 5 N has the clear power advantage at 448kW vs 280kW. In the real-world sprint, the Hyundai IONIQ 5 N is 1.1s quicker. For most buyers, the way each car feels day-to-day matters more than outright acceleration.

Battery: 84kWh (Hyundai IONIQ 5 N) vs 74.7kWh (Lexus RZ). DC fast charging peaks at 350kW (Hyundai IONIQ 5 N) vs 150kW (Lexus RZ).

The Hyundai IONIQ 5 N measures 4,715mm long on a 3,000mm wheelbase, 90mm shorter than the Lexus RZ at 4,805mm (2,850mm wheelbase). The longer wheelbase on the Hyundai IONIQ 5 N generally means more rear legroom.

Boot space is 480L in the Hyundai IONIQ 5 N and 522L in the Lexus RZ, giving the Lexus RZ a 42L advantage.

Running cost data is not yet available for both models. We will update when figures are confirmed.

Warranty: 5 years (Hyundai IONIQ 5 N) vs 5 years / 999,999km (Lexus RZ). Both match on warranty length.