2020 Hyundai Ioniq Plug-In Hybrid Prices and Deals

2020 Ioniq Plug-In Hybrid is still available:

The 2020 Hyundai Ioniq Plug-In Hybrid is still available. We should see the first 2021 Ioniq PHEVs in the coming weeks.

The current offers are good through April 30, 2021. We expect the next update in May.

Lease deals to consider:

You can lease a 2020 Hyundai Ioniq PHEV for $219 per month for 36 months with $2,299 due at signing. Your effective monthly cost of ownership is $283 and this is a strong deal.

The first lease on the 2021 model is in place. Here, payments are $249 per month for 36 months with $2,299 due at signing. With an effective monthly cost of $313, this is a decent offer.

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 PHEV and you’ll find $1,500 in customer cash and $2,000 in sell-down cash ($1,500 on the SE) for up to $3,500 off. This is an outstanding offer for this vehicle.

In addition, there are government-backed incentives available. California residents will find $1,000 in CVRP cash as well as a $908 CA Clean Fuel Reward. Other states may have their own incentives. All buyers may also qualify for a $4,543 federal tax credit.

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.

0.0-percent APR + sell-down cash:

Zero-percent financing is available and that’s a good thing. Here, you can finance your 2020 vehicle for 0.0-percent APR for 60 months or 1.9-percent APR for 72 months. No offers are in place on the 2021s yet.

Also, Hyundai adds $500 in finance bonus cash and $2,000 in sell-down cash ($1,500 on the SE), bringing your potential savings to $2,500.

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