Is the 2018 Hyundai Ioniq Plug-in Hybrid a Good Car?

At an average used price of 18,500, the 2018 Hyundai Ioniq plug-in hybrid is one of the best values on the green aftermarket!
Written by Drew Waterstreet
Reviewed by Kathleen Flear
Jul 7, 2022
If you’re looking to save money on gas and car payments, look no further than the 2018
Hyundai Ioniq plug-in hybrid
—one of the most affordable PHEVs on the used marketplace.
Since PHEVs haven’t been around very long, it’s yet to be determined if depreciation rates will be parallel to that of traditional combustion vehicles. But with the data we have so far, it seems like the average used price of $18,500 for the 2018 Hyundai Ioniq PHEV is one of the best values you can find!
Considering a 2018 Hyundai Ioniq PHEV for your driveway? The experts at
Jerry
, the
super app
that saves drivers money on
car insurance
, have curated this guide to help you make your purchase decision. We’ll cover value, specifications, and how it stacks up to the competition!
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2018 Hyundai Ioniq plug-in hybrid

There’s nothing flashy about the 2018 Hyundai Ioniq plug-in hybrid—it was crafted with a focus on efficiency over style. But if you can sacrifice looks in exchange for more dollars in your pocket, you’ve come to the right place.

Pricing

With a starting MSRP of just under $26,000, the 2018 Hyundai Ioniq plug-in hybrid was already an affordable option compared to other competitors in the PHEV category. 
But with four years of depreciation under its belt, you can find a used model for around $18,500. As you’ll read later, the 2018 Hyundai Ioniq PEHV seems to follow a more traditional depreciation curve than the 2018
Prius Prime
and 2018
Honda Clarity
. This, of course, is a benefit to the buyer—not so much the seller.

Performance and fuel economy

When purchasing a PHEV, there are a few important performance metrics to note—they are different from traditional vehicles, so pay attention! 
Here’s how the 1.6L Inline-4 Plug-in Hybrid Engine under the hood of the 2018 Hyundai Ioniq PHEV stats out:
  • Fuel economy (gas only): 52 mpg
  • Miles per gallon equivalent: 119 mpge
  • Electric driving range: 29 miles
  • Total driving range: 630 miles
All-in-all, these are pretty average performance metrics compared to the rest of the PHEV market. But, it’s essential to maintain perspective: even an average PHEV beats the best gas-only car in fuel efficiency.

Exterior styling

Remember, you’re buying a PHEV because of its practicality and efficiencynot its sexiness. The 2018 Hyundai Ioniq PHEV comes in a hatchback, but no other word than normal can describe the styling.

Interior and comfort

Now, regarding the interior, the 2018 Hyundai Ioniq PHEV’s normalness is more of an advantage than a disadvantage
Transitioning to a green vehicle is stressful enough for many people. So when automakers completely redesign the interior of their PHEVs, it only adds to the stress of making the jump. 
But when you step into the 2018 Hyundai Ioniq PHEV, it feels like home. Seriously, if you didn’t know any better, you’d think you’re in any other Hyundai.
However, while the standard controls and displays are pretty basic, the 23 cubic feet of cargo volume is towards the top of its class! Now there’s something not so normal!

Technology

The 2018 Hyundai Ioniq PHEV base model comes equipped with some pretty standard technology and safety features—nothing ground-breaking, but enough to get the job done. Here’s a preview:
  • Apple/Android connectivity
  • Rear back-up camera
  • Keyless start
  • Dual-zone climate control
  • Brake assist and traction control
You can get also more technology features with the Limited trim or the optional Ultimate Package, which we’ll go over shortly.
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Warranty coverage

When buying a used car, the warranty may continue to be backed by the manufacturer/dealer, or it may need to be purchased separately. So before signing the dotted line, make sure you’re
aware of what’s protected
!
If the vehicle’s warranty is already expired or you opt out, make sure you perform a deep-dive inspection of the car to ensure there are
no red flags
before purchasing. We strongly recommend hiring a thirrd-party inspector to give you the green light. 

Trim levels and options

The 2018 Hyundai Ioniq PHEV is available in the Base model or a Limited trim level. All of the dimensions and performance specifications are equal, but the Limited trim provides a few key features that create a more safe, comfortable, and convenient driving experience. Let’s take a look:
  • Leather power seats
  • Mirror and seat memory
  • Blind spot monitor and cross-traffic alert
And if that’s not enough for you, there is an optional Ultimate Package that includes smart cruise control, lane-keep assist, rear parking sensors, 8" touch-screen display audio with a navigation system, and much more.
But remember, if you want those features, you’ll have to find a used model that is already equipped with the ultimate package. 

The bottom line

Every single day, automobile technology continues to progress. So, while the 2018 Hyundai Ioniq Plug-in Hybrid was a big step in the right direction, it’s already being outpaced by more modern technology.
If you don’t need the latest and greatest thing, you can usually find a 2018 Hyundai Ioniq Plug-in Hybrid for a great deal on the used marketplace. To prove our point, let’s directly compare it to the 2018
Prius Prime
and 2018
Honda Clarity

2018 Hyundai Ioniq PHEV vs. 2018 Prius Prime

The Prius is widely regarded as the model that started the hybrid revolution. However, its reputable brand name is a bit of a double-edged sword. Consumers are usually willing to pay over fair value just to say they drive a Prius.
As you’ll see below, the 2018
Prius Prime
barely beats the 2018 Hyundai Ioniq PHEV in performance specifications but costs over $10,000 more on the aftermarket. 
Model
Used price
Fuel economy (gas only)
Fuel economy (gas + electric)
Driving range
Charging time (Level 2)
Hybrid battery warranty
2018 Hyundai Ioniq Plug-in Hybrid
$18,500
52 mpg
119 MPGe
29 miles
2.3 hours
10 years or 100,000 miles
2018 Prius Prime
$29,000
54 mpg
133 MPGe
25 miles
2 hours
5 years or 60,000 mi

2018 Hyundai Ioniq PHEV vs. 2018 Honda Clarity PHEV

The
Honda Clarity PHEV
was the second-best-selling PHEV in 2018, with around 18,500 units sold. This is only behind the previously mentioned Prius Prime, which sold roughly 27,595.
But time has told a different story since then. As you’ll see below, the 2018 Hyundai Ioniq PHEV is clearly the better value in today’s used car market.
Model
Used price
Fuel economy (gas only)
Fuel economy (gas + electric)
Driving range
Charging time (Level 2)
Hybrid battery warranty
2018 Hyundai Ioniq Plug-in Hybrid
$18,500
52 mpg
119 MPGe
29 miles
2.3 hours
10 years or 100,000 miles
2018 Honda Clarity PHEV
$25,000
42 mpg
110 MPGe
47 miles
2.2 hours
5 years or 60,000 mi

How to save money on car insurance

The 2018 Hyundai Ioniq PHEV is one of the best values on the used plug-in hybrid market—but why let the money-saving fun stop there? Let’s get you some car insurance savings too.
First, download the
Jerry app
. Then, just plug in a few pieces of information, and our innovative quote comparison technology will get right to work. In less than a minute, you’ll be presented with several quotes that provide the best coverage at the lowest price.
Once you
pick your jaw up off the floor
, we’ll help you get signed with your new (and more affordable) provider. Car owners who use the Jerry app report lowering their insurance premiums by an average of $800!
 “WOW.
Jerry
has been so easy to use. I called a representative when I wanted some clarification, and they walked me through the entire process of finding a new rate for full coverage on my vehicle.” —Beth G.
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