Hyundai SUV Electric Car Price Revealed Check Latest Deals Now

Hyundai’s latest electric SUV delivers premium features at a competitive price, starting under $45,000. With cutting-edge range, advanced tech, and government incentives, it’s a top contender in the EV market—check current deals to save even more.

Key Takeaways

• Compare prices: Check Hyundai SUV electric car prices across models for best value.
• Explore deals: Limited-time offers can significantly reduce your purchase cost.
• Review incentives: Federal and state rebates may lower upfront expenses.
• Consider trims: Higher trims offer premium features at a competitive price.
• Check financing: Low APR or lease deals make ownership more affordable.
• Test drive first: Ensure the model fits your budget and lifestyle needs.

The Electric SUV Revolution: Hyundai Takes the Lead

The automotive world is undergoing a seismic shift, with electric vehicles (EVs) rapidly gaining traction as the preferred mode of transportation for eco-conscious drivers. Among the frontrunners in this green revolution is Hyundai, a brand renowned for its innovation, reliability, and value. With the growing demand for spacious, practical, and sustainable SUVs, Hyundai has stepped up its game with a lineup of electric SUVs that promise to deliver performance, style, and affordability. The latest buzz in the EV community revolves around the Hyundai SUV electric car price—a topic that has sparked curiosity and excitement among potential buyers.

Whether you’re a first-time EV buyer or upgrading from a traditional SUV, understanding the pricing structure, available trims, incentives, and real-world value of Hyundai’s electric SUVs is crucial. In this comprehensive guide, we’ll dive deep into the Hyundai SUV electric car price, explore the latest models, break down cost factors, and reveal exclusive deals you won’t want to miss. From the compact Kona Electric to the luxurious Ioniq 5 and the upcoming Ioniq 9, Hyundai is redefining what it means to drive electric. So, buckle up and get ready to discover how much it really costs to own a cutting-edge Hyundai electric SUV—and how to get the best deal possible.

Hyundai’s Electric SUV Lineup: Models and Starting Prices

Hyundai has strategically positioned itself in the electric SUV market with a diverse range of models catering to different budgets, needs, and driving preferences. Each model offers a unique blend of range, performance, tech, and comfort, making it essential to compare them side by side to determine the best fit for your lifestyle.

1. Hyundai Kona Electric: The Affordable Compact Choice

The Hyundai Kona Electric is the brand’s entry-level electric SUV, ideal for urban commuters and eco-conscious families seeking affordability without sacrificing quality. The 2024 model starts at $34,050 (before federal and state incentives), making it one of the most competitively priced EVs in its class.

• Range: Up to 261 miles (SEL trim with 64.8 kWh battery)
• Power: 201 horsepower, 291 lb-ft torque
• Charging: 10–80% in 47 minutes (DC fast charging)
• Key Features: 10.25-inch touchscreen, Apple CarPlay/Android Auto, Hyundai SmartSense safety suite

Tip: The base SE trim starts at $32,675 but offers a smaller 48.6 kWh battery with 200 miles of range—perfect for city driving with lower upfront cost.

2. Hyundai Ioniq 5: The Premium Mid-Size Contender

The Hyundai Ioniq 5 is a game-changer, combining retro-futuristic design with cutting-edge technology and impressive performance. It’s built on Hyundai’s dedicated Electric-Global Modular Platform (E-GMP), which enables ultra-fast charging and a spacious interior.

• Starting Price: $41,650 (SE Standard Range, RWD)
• Range: 220 miles (Standard Range) to 303 miles (SEL/Limited, Long Range RWD)
• Power: 168 hp (Standard Range) to 320 hp (AWD Long Range)
• Charging: 10–80% in 18 minutes (350 kW DC fast charging)
• Key Features: 12.3-inch dual displays, Vehicle-to-Load (V2L) function, solar roof option

For buyers seeking maximum range and all-weather capability, the AWD Long Range model starts at $52,600 and delivers 303 miles—ideal for road trips and cold climates.

3. Hyundai Ioniq 6 (Sedan with SUV-like Features)

While technically a sedan, the Ioniq 6 offers SUV-like practicality with a sleek, aerodynamic design and ample cargo space. Starting at $42,715, it’s a compelling alternative for those who want a low-slung EV with SUV versatility.

• Range: Up to 361 miles (SE RWD Long Range)
• Power: 320 hp (AWD), 0–60 mph in 4.7 seconds
• Charging: 10–80% in 18 minutes
• Best For: Long-distance drivers and tech enthusiasts

4. Upcoming: Hyundai Ioniq 9 (2025 Model)

Slated for a late 2024 launch, the Hyundai Ioniq 9 is a full-size, three-row electric SUV that will compete with the Tesla Model X and Kia EV9. While official pricing hasn’t been released, industry estimates suggest a starting price between $55,000 and $60,000.

• Expected Range: 300+ miles
• Seating: 7-passenger configuration
• Features: Advanced driver-assist systems, premium interior materials, V2L, and over-the-air updates

Pro Tip: Hyundai often offers pre-order incentives and exclusive color options for early adopters—keep an eye on Hyundai’s official website for launch details.

Factors Influencing Hyundai SUV Electric Car Price

The sticker price of a Hyundai electric SUV is just the beginning. Several factors can significantly impact the total cost of ownership, from incentives and financing to charging infrastructure and maintenance. Understanding these elements will help you make an informed decision and maximize your savings.

1. Federal and State EV Incentives

One of the biggest advantages of buying an electric SUV is the availability of tax credits and rebates. As of 2024, the federal EV tax credit offers up to $7,500 for qualifying vehicles. However, eligibility depends on the vehicle’s battery components and final assembly location.

• Hyundai Ioniq 5: Qualifies for the full $7,500 credit (assembled in the U.S. with qualifying battery)
• Hyundai Kona Electric: Currently not eligible (battery sourced from non-compliant countries)
• State Incentives: California offers up to $2,000 via the Clean Vehicle Rebate Project (CVRP); New York provides $2,000; Colorado offers $5,000 for low-income buyers

Example: A buyer in Colorado purchasing an Ioniq 5 could save $12,500 ($7,500 federal + $5,000 state)—reducing the effective price to $30,150.

2. Battery Size and Range Options

Hyundai offers multiple battery configurations across its electric SUVs, directly affecting price and range. For instance:

• Ioniq 5 SE Standard Range: 58 kWh battery, 220 miles, $41,650
• Ioniq 5 SEL Long Range: 77.4 kWh battery, 303 miles, $48,700
• Kona Electric SE: 48.6 kWh, 200 miles, $32,675
• Kona Electric SEL: 64.8 kWh, 261 miles, $34,050

Tip: If you drive less than 50 miles daily, the standard-range option saves thousands. For long commutes or road trips, the long-range battery is worth the extra cost.

3. Drivetrain: RWD vs. AWD

Rear-wheel drive (RWD) models are generally $5,000–$7,000 cheaper than all-wheel drive (AWD) versions. For example:

• Ioniq 5 SEL RWD: $48,700
• Ioniq 5 SEL AWD: $55,650

AWD improves traction and performance, especially in snowy or hilly regions, but RWD is more efficient and sufficient for most drivers.

4. Charging Infrastructure and Home Installation

While not part of the vehicle price, installing a Level 2 home charger (240V) costs $500–$2,000, depending on electrical upgrades. Hyundai partners with ChargePoint and Electrify America to offer free or discounted charging credits:

• Ioniq 5: 2 years of free 30-minute charging sessions at Electrify America
• Kona Electric: $1,000 charging credit

Pro Tip: Use utility company rebates (e.g., $500 in California) to offset home charger costs.

Financing, Leasing, and Special Offers

Hyundai frequently rolls out special financing, lease deals, and loyalty programs to make electric SUVs more accessible. Knowing when and how to take advantage of these offers can save you thousands.

1. Low-Interest Financing

As of mid-2024, Hyundai is offering 0% APR for 60 months on select Ioniq 5 trims (subject to credit approval). For example:

• Ioniq 5 SEL RWD: $48,700 at 0% APR = $811/month for 60 months
• Kona Electric SEL: $34,050 at 0% APR = $567/month

Compare this to a standard 5.9% loan, which would cost an extra $7,000–$10,000 in interest over 60 months.

2. Competitive Leasing Options

Leasing is ideal for those who want to upgrade every 3–4 years. Hyundai’s lease rates are highly competitive:

• Ioniq 5 SEL RWD: $399/month for 36 months, $3,999 due at signing (2024 Q3 promotion)
• Kona Electric SEL: $299/month for 36 months, $2,999 due at signing

Note: Lease terms often include 10,000–12,000 miles/year. Excess mileage fees apply (typically $0.25/mile).

3. Loyalty and Conquest Incentives

Hyundai rewards existing customers and those switching from competitors:

• Loyalty Bonus: $1,000 for current Hyundai owners
• Conquest Bonus: $500 for trading in a non-Hyundai vehicle
• Military/First Responder Discount: $500–$1,000

Example: A Hyundai owner trading in a 2018 Sonata for an Ioniq 5 could save $9,000 ($7,500 tax credit + $1,000 loyalty + $500 trade-in bonus).

4. Seasonal and Dealer Promotions

Keep an eye on:

• Summer Sales Events: Extra $1,000–$2,000 dealer discounts
• End-of-Year Clearance: Reduced prices on outgoing model years
• Local Dealer Incentives: Some dealers offer free maintenance or charging credits

Total Cost of Ownership: Beyond the Sticker Price

While the upfront Hyundai SUV electric car price is important, the long-term cost of ownership is equally critical. Electric SUVs typically cost less to maintain and fuel than gas-powered vehicles.

1. Fuel and Charging Costs

Electricity is significantly cheaper than gasoline. At an average U.S. rate of $0.14/kWh:

• Ioniq 5 (303 miles): ~100 kWh per charge = $14 per full charge
• Gas Equivalent (25 MPG): 12.1 gallons at $3.50/gallon = $42.35

Savings: ~$28 per fill-up, or $1,400/year for 12,000 miles.

2. Maintenance and Repairs

EVs have fewer moving parts, reducing maintenance needs:

• No oil changes, spark plugs, or exhaust systems
• Regenerative braking extends brake life
• Hyundai’s 10-year/100,000-mile powertrain warranty covers the battery and motor

Annual maintenance costs: $300–$500 (vs. $800–$1,200 for gas SUVs).

3. Insurance Rates

EVs often have higher insurance premiums due to expensive batteries and tech. However, Hyundai’s safety ratings help offset this:

• Ioniq 5: Top Safety Pick+ (IIHS), reducing premiums
• Tip: Bundle with home insurance or use EV-specific insurers (e.g., Liberty Mutual Electric Vehicle Program)

4. Resale Value

Hyundai’s EVs hold value better than most competitors. The Ioniq 5 retains ~60% of its value after 3 years, compared to 50% for the average SUV.

Data Table: Hyundai Electric SUV Price Comparison (2024)

Model	Trim	Starting Price	Range (Miles)	HP	0–60 mph (Sec)	Federal Tax Credit	Key Incentive
Kona Electric	SE	$32,675	200	133	7.8	No	$1,000 charging credit
Kona Electric	SEL	$34,050	261	201	6.4	No	$1,000 charging credit
Ioniq 5	SE Standard Range	$41,650	220	168	7.4	Yes ($7,500)	2 years free charging
Ioniq 5	SEL Long Range	$48,700	303	225	6.7	Yes ($7,500)	2 years free charging
Ioniq 5	Limited AWD	$57,050	266	320	5.0	Yes ($7,500)	2 years free charging
Ioniq 6	SE RWD	$42,715	361	149	6.2	Yes ($7,500)	$1,000 charging credit

Note: Prices exclude destination fees ($1,350–$1,500). Incentives subject to change.

How to Get the Best Deal: Actionable Tips

Securing the lowest possible Hyundai SUV electric car price requires strategy, timing, and research. Here’s how to maximize your savings:

• Shop at the Right Time: Visit dealerships during end-of-quarter (March, June, September, December) when sales targets are high.
• Negotiate the Out-the-Door Price: Don’t focus on monthly payments. Aim for a lower total price before taxes and fees.
• Use Online Tools: Websites like TrueCar, Edmunds, and Hyundai’s Build & Price show invoice pricing and dealer discounts.
• Apply All Incentives: Combine federal, state, loyalty, and trade-in bonuses for maximum savings.
• Consider a Demo or CPO: Certified pre-owned (CPO) Ioniq 5 models can save $5,000–$8,000 with full warranty.
• Ask About Dealer Add-Ons: Avoid unnecessary extras like paint protection or VIN etching.

Real-World Example: A buyer in Texas purchased a 2024 Ioniq 5 SEL RWD for $45,000 (after $3,700 dealer discount), claimed the $7,500 tax credit, and received $1,000 loyalty bonus—effective price: $36,500.

The Hyundai SUV electric car price landscape is dynamic, offering incredible value for drivers ready to embrace the electric future. With a range of models, generous incentives, and low ownership costs, Hyundai is making it easier than ever to go green without breaking the bank. Whether you’re drawn to the affordability of the Kona Electric, the innovation of the Ioniq 5, or the spaciousness of the upcoming Ioniq 9, there’s a Hyundai EV to fit your budget and lifestyle. Don’t wait—check the latest deals now and take the first step toward a cleaner, smarter, and more affordable drive.

Frequently Asked Questions

What is the starting price of Hyundai’s electric SUV lineup?

The Hyundai SUV electric car price starts at $38,945 for the 2024 Kona Electric, while the larger IONIQ 5 begins at $41,650 (before incentives). Pricing varies by trim, battery range, and available tax credits.

Are there any current deals or incentives for Hyundai electric SUVs?

Yes! Hyundai frequently offers manufacturer rebates (up to $7,500) and federal/state EV tax credits. Check Hyundai’s website for limited-time promotions, like $0 down leases or low APR financing on models like the IONIQ 5 and Kona Electric.

How does the Hyundai SUV electric car price compare to Tesla Model Y?

The Hyundai IONIQ 5 starts $5,000-$8,000 cheaper than a base Tesla Model Y, with similar range (303 vs. 330 miles). Hyundai also offers more standard features and a longer warranty, making it a competitive value.

What factors affect the final price of a Hyundai electric SUV?

Trim level (SE, SEL, Limited), battery size (58kWh vs. 77.4kWh), and optional packages (e.g., premium tech) impact the Hyundai SUV electric car price. Destination fees ($1,335) and local taxes also apply.

Does the Hyundai Kona Electric qualify for the $7,500 federal tax credit?

Yes, the 2024 Kona Electric meets the criteria for the full $7,500 federal EV tax credit. The IONIQ 5 is also eligible, but availability depends on battery component sourcing and income limits.

Where can I find the best Hyundai electric SUV price in my area?

Use Hyundai’s “Build & Price” tool online to see localized pricing, inventory, and dealer incentives. Many dealerships also offer exclusive discounts for online buyers—compare quotes to secure the best deal.

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