2020 hyundai ioniq-electric
MSRP
$34,040
CarsDirect Target Price
$30,802
Lease EstimateSee Lease Deals
$234/mo
Finance Estimate
$431/mo
Est Monthly Loan

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 Electric
Lease
$234 / month
Finance
$431 / month
Based on 48% Residual Value : 12,000 Annual Miles
Vehicle Price
A typical negotiated price before taxes & fees.
Incentives
Incentives that help lower the selling price of a vehicle.
Available Money Factor of 0.00108 for 36 month lease
Incentives
Incentives that help lower the selling price of a vehicle.
Down Payment
Trade-In Value
Money Factor
Represents the interest charged on a lease. May require top-tier credit to qualify for the best rates.
Interest Rate
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2020 Hyundai Ioniq Electric Prices and Deals

Matthew Keegan
Contributing Editor - April 20, 2021
  • 2020 Ioniq Electric sold in select states
  • Lease: From $169 per month
  • Rebate: Up to $2,000 cash
  • Finance: From 0.0% + cash

The 2020 Ioniq Electric is still available:

The 2020 Hyundai Ioniq Electric is available in select states. We should see the first 2021 Ioniq EVs in the coming weeks. While the latest version is anticipated to be a carryover from the previous year, Hyundai plans to launch Ioniq as a standalone brand in the near future.

The current offers are good through May 3, 2021. We're not expecting an update until next month.

Lease deals to consider:

You can lease a 2020 Hyundai Ioniq Electric for $169 per month for 36 months with $2,199 due at signing. Your effective monthly cost of ownership is $230 and this is an excellent deal for an electric vehicle.

The first lease on the 2021 model is in place. Here, you'll pay $189 per month for 36 months with $2,199 due at signing. Your effective monthly cost of ownership is $250 and this is a strong deal.

Most Hyundai lease offers supply a 10,000-mile per year drive allowance. At the end of the lease term, you’ll pay a disposition fee.

Rebates and other cash deals:

Choose an Ioniq Electric and you’ll find $2,000 in sell-down cash on the Limited trim ($1,500 on the others).

In addition, there are government-backed incentives available. California residents will find $2,000 in CVRP cash as well as a $1,500 CA Clean Fuel Reward. Other states may have their own incentives. All buyers may also qualify for a $7,500 federal tax credit. All told, these incentives are spectacular!

Hyundai supplies multiple special incentives worth noting. The company’s College Grad Program offers $400 toward the purchase or lease of a new vehicle. A Military Program and First Responders Program supply $500 in cash each toward the purchase or lease of a new Hyundai. Finally, there is a Mobility Program that offers $1,000 for the purchase of adaptive equipment in your Hyundai. See your dealer about each of these special offers and to determine your eligibility.

Finance from 0.0-percent APR:

Zero-percent financing is available and that’s a good thing. Here, you can finance your vehicle for 0.0-percent APR for 60 months or 1.9-percent APR for 72 months. Also, Hyundai adds $2,000 in sell-down cash on the Limited trim ($1,500 on the others). What an excellent deal!

Ask your dealer about applying the special rebates, if eligible.

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Advertised Lease Deals

2021 Base EV Excellent Deal
$189Monthly Payment
Term Length (months): 36
Due at signing: $2,199
Mileage: 10k
MSRP: $34,250
Deal Valid in: Southern California
Expiration: 5/3/21
2020 Base EV Excellent Deal
$169Monthly Payment
Term Length (months): 36
Due at signing: $2,199
Mileage: 10k
MSRP: $34,040
Deal Valid in: Southern California
Expiration: 5/3/21

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

Prices vary by style

CarsDirectPricing as of 4/22/21 in 02806
MSRP
$34,040
Sales Price
$32,302
Cash Rebates
$1,500
Target Price
$30,802
Lease Estimate
$234/mo
Finance Estimate
$431/mo

Cash Incentives

Incentive available to most customers and purchasing situations.
RebateAmount
Bonus Cash Sell Down Cash (Expires 5/3/21) Customer Rebate: Customers must take delivery of this vehicle prior to the expiration date to be eligible for this manufacturer rebate. This rebate may not be available on special factory orders or used in conjunction with special manufacturer financing or leasing programs. Other special financing programs may be available. Please check with your CarsDirect Trusted Dealer for complete details. $1,500

Financing Incentives

RebateAmount
Bonus Cash Sell Down Cash (Expires 5/3/21) Customer Rebate: Customers must take delivery of this vehicle prior to the expiration date to be eligible for this manufacturer rebate. This rebate may not be available on special factory orders or used in conjunction with special manufacturer financing or leasing programs. Other special financing programs may be available. Please check with your CarsDirect Trusted Dealer for complete details. $1,500
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 %0%0%0%0%1.9%
Eligibility
Finance Bonus Cash HMF Low APR Bonus Cash (Expires 5/3/21) Finance Bonus Cash available for qualified customers based on available credit when financing through manufacturer's captive finance company. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% This incentive may be used in conjunction with HMF Low APR rates $1,000

Leasing Incentives

RebateAmount
Lease Bonus Cash Lease Cash (Expires 5/3/21) 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 $13,000
Bonus Cash Sell Down Cash (Expires 5/3/21) Customer Rebate: Customers must take delivery of this vehicle prior to the expiration date to be eligible for this manufacturer rebate. This rebate may not be available on special factory orders or used in conjunction with special manufacturer financing or leasing programs. Other special financing programs may be available. Please check with your CarsDirect Trusted Dealer for complete details. $1,500

Hurry! Offer expires

Leases For Similar Cars

Based on 2020 Hyundai Ioniq Electric SE 4dr Hatchback - MSRP $34,040

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