2020 Hyundai Ioniq Incentives

Hyundai hasn’t wasted any time when it comes to throwing out incentives for its newly updated 2020 Ioniq Electric hatchback with pricing that cuts the model’s effective lease price to well below that of its rivals, such as the standard-range Nissan Leaf.

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Along with the remaining eligibility of Hyundai electric vehicles for a $7,500 federal EV tax credit and $2,000 rebate in California, Hyundai is also offering up to $4,000 in incentives to provide a lease deal of $209/month for 36 months and $2,199 due at signing. A little short of a downright bargain but a great deal nonetheless, buyers in western states will get a $249/month lease deal with $2,500 due at signing. For loans, those buying the Ioniq Electric already get a $1,000 bonus by way of Hyundai Motor Finance.

Back to leasing, this helps offset the official 2020 MSRP upcharge of $2,755 more than the $34,000 2019 base Ioniq Electric SE, including destination. This includes a substantial range boost to 170 miles from last year’s 124, partially due to a boost in battery capacity to 38 kwh from 28 kwh. The new Ioniq Electric also received a refreshed design and other features that make it even more appealing.

The 2020 Ioniq Electric should accelerate quicker, with a higher power output of 134 hp up from 118 hp, and it debuts a bigger infotainment screen, brighter cabin appearance and more standard features, including active safety and driver assistance items.

All 2020 models have driver attention warning, high beam assist and automatic emergency braking, for example, as well as optional Lane Following Assist and Highway Driving Assist. Also of special interest to electric vehicle enthusiasts is a higher power onboard charger offering 7.2 kw, a Smart Regenerative Braking feature and the Kona Electric one-pedal driving feature.

Island Hyundai is ready and waiting to arrange a test drive for you in one of our 2020 Hyundai Ioniq models. Visit our dealership at 1590 Hylan Blvd, Staten Island, NY 10305 or give us a call at 844.672.6134.

Categories: New Inventory, Green

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