Ioniq Plug-In Hybrid
2020 hyundai ioniq-plug-in-hybrid
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2020 Hyundai Ioniq Plug-In Hybrid

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The monthly payment is based on the price of this vehicle assuming it is financed. If you choose to lease, you can also use the payment calculator to determine your lease terms. Default values for financing include: Term of months, APR of , and Sales Tax of . Default values for leasing include: Term of months, Money Factor of , Residual Value of , and Sales Tax of .

2020 Hyundai Ioniq Plug-In Hybrid
$310 / month
$368 / month
Based on 57% Residual Value : 12,000 Annual Miles
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A typical negotiated price before taxes & fees.
Incentives that help lower the selling price of a vehicle.
Available Money Factor of 0.00242 for 36 month lease
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Buying Tips

What you must know before buying the Hyundai Ioniq Plug-In Hybrid

Matthew Keegan
Contributing Editor - February 6, 2020
  • 2019 and 2020 Ioniq PHEVs available
  • Rebate: $1,250 cash incentive on 2019s
  • Finance: 1.9% APR for 60 mos. + $500
  • Lease: From $259 for 36 months

The third of three Hyundai Ioniq models:

The 2019 Hyundai Ioniq Plug-In Hybrid (PHEV) is here, offering the benefit of 29 miles of electric-only range, with the added peace of mind of a gas engine extending the total range to 630 miles. The current model features mild enhancements, including automatic high beams and driver attention assist. As for the 2020s, which is a carryover model, they're now available.

With a base MSRP of $26,280 ($27,455 for the 2020s), this vehicle is one of the most affordable options in its segment.

Along with factory offers, the 2019s are eligible for a $4,543 Federal tax credit (we're still waiting on the official figure for the 2020s). In California, a $1,000 Clean Vehicle Rebate (CVRP) is also available when taking delivery, provided you meet income requirements.

New this month is a free maintenance plan on the 2020 models. The way this works is Hyundai covers your routine maintenance at no cost to you. This is a tremendous value in addition to the other savings you'll find.

The current offers are in place through March 2, 2020. There is always a chance we'll see an update for Presidents' Day, so please check back.

Hyundai's offers vary by region; our examples are for California.

Cash offers for the taking:

Hyundai offers a bonus cash offer with the Ioniq plug-in hybrid. This one represents $1,250 bonus cash ($1,000 on the 2020s), funds you may claim in lieu of promotional financing.

Two competitive financing options:

Attractive financing offers are in place. Here, you’ll find 1.9-percent APR financing for 60 months or 2.9-percent financing for 72 months on the 2019s. You can also claim $500 in finance cash, funds you'll apply to your down payment. The same offer is in place for the 2020s, but without the finance cash.

In this day of elevated interest rates, Hyundai’s financing offers are excellent.

Lease from $259 per month:

Choose a 2019 Hyundai Ioniq Plug-In Hybrid Base model and the offer comes in at $259 per month for 36 months with $2,199 due at signing. Your effective monthly cost is $320 and that’s a strong offer for this model.

Opt for a 2020 Hyundai Ioniq Plug-In Hybrid SE model and the offer comes in at $269 per month for 36 months with $2,299 due at signing. Your effective monthly cost is $333 and that’s also a strong offer for this model.

Keep in mind that Hyundai's advertised lease does not include local plug-in incentives like the Clean Vehicle Rebate in California.

Hyundai limits your driving to 10,000 miles per year.

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Advertised Lease Deals

$269Monthly Payment
Term Length (months): 36
Due at signing: $2,299
Mileage: 10k
MSRP: $27,455
Deal Valid in: Los Angeles
Expiration: 3/2/20

This ranks as an excellent deal based on our expert analysis of: vehicle price, length of lease term, amount due at signing, monthly payment, etc.

CarsDirect Target Price

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CarsDirectPricing as of 2/16/20 in 20149
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Promotional APR Offer Promotional APR programs available for qualified buyers. Please check with your CarsDirect Trusted Dealer for complete details.
Term(s)2425 - 3637 - 4849 - 6061 - 72
Rate %1.9%1.9%1.9%1.9%2.9%

Leasing Incentives

Lease Bonus Cash Lease Cash (Expires 3/2/20) Bonus cash available for qualified customers leasing a vehicle through the manufacturer's captive finance company on approved credit. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% This Cash is compatible with HMF Special Lease Rates $4,543

Hurry! Offer expires

Leases For Similar Cars

Based on 2020 Hyundai Ioniq Plug-In Hybrid SE 4dr Hatchback - MSRP $27,455

Best Hyundai Deals & Lease Offers In February

February's offers aren't as strong as we've seen in recent months but shoppers still have some options to choose from. Leases are more expensive as this is the second straight... View All Hyundai Lease Deals

2020 Hyundai Ioniq Plug-In Hybrid: Model Preview

Alex Bernstein
Senior Pricing Analyst - January 20, 2020

Model Preview

The Hyundai Ioniq Plug-In Hybrid is due for minor changes for the 2020 model year. The most noteworthy update will be a slightly reworked exterior featuring a new mesh grille plus new wheel designs. The model will also offer an expanded range of trims that include SE, SEL, and Limited variants (as opposed to just Base and Limited). The result will be a greater range of choices in terms of features and tech.

The SE trim will benefit from an updated adaptive cruise control system with stop & go capability. In addition, drivers will get an electronic parking brake and a larger infotainment screen 8-inches wide with both Apple CarPlay and Android Auto connectivity.

Next up, the SEL will get standard LED headlights, Qi wireless charging, automatic emergency braking with pedestrian detection, power-folding side mirrors, and more.

Finally, the Limited gets a 10.25-inch navigation system, Harmon Kardon audio, parking sensors, and the full range of driver assistance features like Highway Driving Assist (essentially melding adaptive cruise control with a GPS-based system that maintains a safe following distance on the highway).

For 2020, the Ioniq Plug-In Hybrid will offer 29 miles of driving on electric power. That's the same as last year, continuing to offer a slight advantage over the Toyota Prius Prime (25 miles).

As before, Hyundai also offers the Ioniq Electric and Ioniq Hybrid. The Electric will offer up to 170 miles of range (up from 124) thanks to a larger battery pack, while the Hybrid will gain an expanded range of driver assistance features in the base model.

Pricing & Release Date

Prices for the 2020 Hyundai Ioniq Plug-In Hybrid will start at $27,230 including destination for the SE trim and range up to $33,680 for the Limited.

At the entry-level, that represents a substantial price increase of $950 compared to the previous year's MSRP of $26,280.

As usual, plug-ins like the Ioniq are eligible for a federal tax credit as well as applicable state incentives. Although the IRS has not yet posted the credit for the 2020 Ioniq, last year's model qualified for as much as $4,543, plus a $1,000 Clean Vehicle Rebate in places like California.

Key competitors include the Kia Niro Plug-In Hybrid, Toyota Prius Prime, and Ford Fusion Energi.

Check prices for the Hyundai Ioniq Plug-In Hybrid »

Pictured: 2020 Ioniq Plug-In Hybrid

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