Whereas many automakers are elevating EV costs, Hyundai continues to search out methods so that you can save. Hyundai is slicing car costs, together with on its top-selling SUVs and new electrical fashions just like the IONIQ 5 and IONIQ 9.
Hyundai cuts EV and SUV costs within the US
Hyundai promised to take care of car costs within the US, together with these of EV fashions, via its Buyer Assurance program.
Launched in April, Hyundai mentioned it might not increase MSRP costs in the course of the safety interval. Though the window was scheduled to finish on June 2, the Korean automaker has been one of many few to withstand worth hikes within the US.
It’s truly slicing costs additional. Hyundai Motor, together with Kia and Genesis, launched an aggressive gross sales promo, providing 0% curiosity for 60 months on top-selling SUVs just like the Santa Fe and Palisade.
The reductions apply to new Hyundai EV fashions, together with the 2025 IONIQ 5 and the 2026 IONIQ 9, its first three-row electrical SUV. Hyundai can be providing consumers the choice to defer funds for as much as 90 days this summer season.
Hyundai has been one of many few carmakers within the US that has maintained and even lowered EV costs. Ford, Toyota, Stellantis, and BMW are a number of the few to announce worth hikes over the previous few months.
The upper costs are in response to the Trump Administration’s 25% tariff on auto imports, which went into impact in April.
In accordance with analysts (through The Korean Financial Every day), Hyundai is pursuing a bigger market share, slightly than prioritizing income.
Hyundai is providing as much as $3,500 off with reductions throughout 19 autos, whereas Kia is providing as much as $1,000 off choose fashions.
The corporate launched its new Hyundai Rewards program on Wednesday, providing much more reductions on new autos and options.
On electrical autos, Hyundai and Kia are providing rather more. After slashing lease costs once more this month, the 2025 Hyundai IONIQ 5 is now listed at simply $179 monthly. That’s even cheaper than most gas-powered autos.
The 2026 IONIQ 9, Hyundai’s first three-row electrical SUV, might be leased for as little as $419 monthly. Though the offers had been set to finish final month, Hyundai prolonged them till September 2, 2025.
Hyundai is throwing in a free ChargePoint Degree 2 dwelling charger with the acquisition or lease of a brand new 2025 IONIQ 5 or 2026 IONIQ 9.
| 2025 Hyundai IONIQ 5 Trim | EV Powertrain | Driving Vary (miles) | Beginning Worth* | Month-to-month lease worth July 2025 |
| IONIQ 5 SE RWD Normal Vary | 168-horsepower rear motor | 245 | $42,500 | $179 |
| IONIQ 5 SE RWD | 225-horsepower rear motor | 318 | $46,550 | $199 |
| IONIQ 5 SEL RWD | 225-horsepower rear motor | 318 | $49,500 | $209 |
| IONIQ 5 Restricted RWD | 225-horsepower rear motor | 318 | $54,200 | $309 |
| IONIQ 5 SE Twin Motor AWD | 320-horsepower twin motor | 290 | $50,050 | $249 |
| IONIQ 5 SEL Twin Motor AWD | 320-horsepower twin motor | 290 | $53,000 | $259 |
| IONIQ 5 XRT Twin Motor AWD | 320 horsepower twin motor | 259 | $55,400 | $359 |
| IONIQ 5 Restricted Twin Motor AWD | 320-horsepower twin motor | 269 | $58,100 | $299 |
Since each autos are made at Hyundai’s new EV plant in Georgia, they nonetheless qualify for the $7,500 tax credit score. Nonetheless, it’s set to run out on the finish of September.
Hyundai and Kia’s market share reached 11% within the first half of the yr, up barely from 10.5% in 2024, however it’s going through extra competitors, particularly within the EV market.
Seeking to snag the financial savings whereas they’re nonetheless accessible? We can assist you get began. You should utilize our hyperlinks under to search out offers on Hyundai and Kia’s electrical autos in your space.
