The Ioniq electric-only model:
The Hyundai Ioniq Electric is the latest in an expanding lineup of Ioniq vehicles. It offers a highly competitive base price and can now be found outside California. For 2019, Hyundai is selling the car in CARB emissions states. This model is stocked in limited numbers. Likely, you’ll have to order one.
The 2019 Ioniq Electric features mild enhancements, including automatic high beams and driver attention assist. This model makes 118 horsepower and offers a range of up to 124 miles. It is eligible for the California Clean Vehicle Rebate ($2,500 for most, subject to income limits), as well as an IRS tax credit of up to $7,500.
As for the 2020s, we'll see them this fall. We expect a slight refresh and perhaps an improved range.
The current offers are in place through December 2, 2019. There is always a chance we'll see an update for Thanksgiving and Black Friday, so please check back.
Offers vary by region; our examples are for California.
No rebates at this time:
Unfortunately, there are no cash incentives yet on the Ioniq Electric. This includes loyalty discounts and conquest offers for customers leaving a competitor for Hyundai.
That said, we expect to see at least a loyalty discount at some point since that's a typical Hyundai practice. These types of offers were introduced to the Ioniq Hybrid, so hope remains.
The current financing offers:
Well-qualified buyers can finance a 2019 model where you’ll find 1.9-percent financing for 60 months and 2.9-percent financing for 72 months.
Hyundai’s financing offers are excellent and come in lower than what most competitors offer.
Outstanding lease offers:
If you’re considering a Hyundai Ioniq Electric, you can lease a Base model for $109 per month for 36 months with $2,500 due at signing. Your effective monthly cost is $178, which we consider a strong deal. In places like New York, you'll find the Ioniq available from $79 per month with just $999 due at signing. Thus, your effective cost of ownership is just $107 per month.
Also, California residents taking the Clean Vehicle Rebate can offset the amount due at signing, resulting in an effective monthly cost of $109 before taxes and fees. This makes the Ioniq Electric one of the cheapest cars you can lease.
Hyundai restricts your driving to 10,000 miles per year. Unlike past offers, this is a traditional lease and not a subscription deal that includes free maintenance, charging, etc.