New 2026 Toyota BZ XLE vs used 2023 Ioniq 5 Limited

Looking for help choosing between a new Toyota BZ XLE vs a used 2023 Ioniq 5 Limited trim

For the BZ, they're giving me $600 off, $4,500 New York State rebate, and they're giving me $2,800 for trade-in for my 2006 Honda Accord. With $2000 down, the total finance amount is $35,924 and special financing offer of 0% down for 72 months for a payment of $500 per month.

I could also lease for three years. They're giving me $600 off, a $7000 NY state rebate. With $2800 trade in and $2000 down, the total lease amount is $33,311. For $36 months, the payment is $404 per month.

Finally is a used 2023 Hyundai Ioniq 5 Limited trim with AWD. It is $32,999 with 15,000 miles. It is not certified. They're valuing my Accord trade in at $500. With $2000 down, they're offering me 4.99% financing for 60 months for a monthly payment of 632 per month. 

I live in upstate New York with long winters. I own the house, but don't have a garage. My work commute is 30 miles round trip, and my municipal electricity is very cheap (I don't think I'll need a level 2 charger with my commute).

I test drove the BZ but haven't had a chance to test drive the Ioniq, there's none near me - the used is a hour drive away.