“This is crazy!” Hyundai Ioniq 5 sells out again in less than ten minutes

The Ioniq 5 electric crossover has sold out again, with the latest drop of units from Hyundai’s Australian division gone in a matter of minutes.

Hyundai announced last week that it would make an additional 135 vehicles available on Wednesday, continuing the “drip feed” release of the popular EV, which has won multiple car of the year awards around the world.

The latest tranche included, for the first time, the newly named AWD Techniq with optional sunroof, which was originally a standard feature but was then removed amid rising costs and differentiation of the pricing from the RWD Dynamiq.

Interest in the Ioniq 5 is clearly not slowing down.

In addition to being awarded the title for its superior stability when towing, the vehicle’s telematics system also allows drivers to set tow weights before driving off to get a highly accurate range estimate.

Add to that the addition of internal as well as external vehicle-to-load capabilities, and the Ioniq 5 does in deed shape up to be a vehicle that probably won’t “ruin your weekend.”

However, it may have ruined some people’s mid-week.

This time, readers tell The Driven than the latest tranche may have sold out almost almost immediately.

“Put my postcode in for the Ioniq 5 raffle at one second past Zero hour and got a message saying the cars were sold out. This is crazy!” one reader said in a note to the Driven.

Similar messages were shared on social media: “I just missed out on an Ioniq 5. I was in there on the dot at 1pm and got kicked out multiple times. I had just entered my credit card and hit the pay button and then it told me it had sold out,” said one hopeful buyer on Facebook.

A spokesperson for Hyundai Australia tells The Driven that each tranche is divided into pre-allocations by capital city (no cars are yet available for regional areas,) and that the latest tranche sold out by 1:16pm, with the first payment being taken at 1:06pm.

There is one faint light at the end of the tunnel for drivers wanting to get their hands on an Ioniq 5 though: as reported by Riz Akhtar, secondhand prices are starting to come down as more new cars are made available to customers.

Mind you, the “near new” asking price for an Ioniq 5 still sits well above the price of a new one.