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Hyundai’s new EVs are surprisingly affordable

Hyundai is making it a lot more tempting to go electric with some sweet deals on the new three-row IONIQ 9 and upgraded IONIQ 5. With discounts, Hyundai’s new EVs are surprisingly affordable.

Hyundai’s new IONIQ 9, IONIQ 5 EVs are pretty affordable

The IONIQ 9 is Hyundai’s first three-row electric SUV, and it’s pretty impressive. With up to 2,462 liters (87 cubic feet) of interior cargo space, it boasts more room than a Toyota Highlander Hybrid (up to 84.3 cubic feet).

It’s also more affordable. Hyundai launched IONIQ 9 lease prices earlier this month, starting at just $419 for 36 months. With $4,999 due at signing, you will pay $558 per month.

The 2025 Toyota Highlander XLE Hybrid is listed at $579 for 36 months with $2,999 due at signing for an effective cost of $662 per month. That’s over $100 more per month despite the IONIQ 9 costing over $10,000 more.

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Hyundai also offers a $5,000 cash bonus across all IONIQ 9 trims. Combined with the $7,500 federal EV tax credit, you can potentially score up to $12,500 in upfront savings. Alternatively, you can opt for 1.99% APR financing for up to 60 months.

Hyundai's-new-EVs-affordable
2026 Hyundai IONIQ 9 three-row electric SUV (Source: Hyundai)

Including the tax credit and $5,000 cash bonus, prices for the 2026 Hyundai IONIQ 9 RWD S could start as low as $48,000.

The entry-level model starts at $60,555 (including the destination fee) with up to 335 miles of driving range. It also comes equipped with a built-in NACS port to access Tesla Superchargers. Using DC fast charging, the IONIQ 9 can recharge from 10% to 80% in as little as 24 minutes.

For those looking for something a little smaller, the updated 2025 IONIQ 5 is a steal this month, with leases starting at just $209 per month.

The 2025 Hyundai IONIQ 5 now has a driving range of up to 318 miles, a native NACS charging port, and updated styling inside and out.

Top comment by Spec9

Liked by 15 people

While Japan is floundering, South Korea seems to be putting up a decent fight against China.

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Prices for the base SE RWD Standard Range start at $43,975, with a range of 245 miles. Upgrading to the extended-range SE model costs $46,550, but it has a range of 318 miles. It’s also eligible for the $7,500 tax credit, bringing prices potentially as low as $36,475.

2025 Hyundai IONIQ 5 TrimDriving RangeStarting Price* 
IONIQ 5 SE RWD Standard Range245 miles$42,500
IONIQ 5 SE RWD318 miles$46,550
IONIQ 5 SEL RWD318 miles$49,500
IONIQ 5 Limited RWD318 miles$54,200
IONIQ 5 SE Dual Motor AWD290 miles$50,050
IONIQ 5 SEL Dual Motor AWD290 miles$53,000
IONIQ 5 XRT Dual Motor  AWD259 miles$55,400
IONIQ 5 Limited Dual Motor AWD269 miles$58,100
2025 Hyundai IONIQ 5 prices and range by trim (*includes $1,475 destination fee)

Earlier this month, Hyundai launched new charging features for the IONIQ 5 and IONIQ 9, including plug-and-charge and in-app charging.

In addition to all of this, Hyundai is offering a free ChargePoint Home Flex Level 2 charger for any 2026 IONIQ 9 or 2025 IONIQ 5 purchase or lease. Hyundai’s offers end on June 2, 2025.

With low monthly leases and big discounts, Hyundai’s EVs are hard to pass up right now. Ready to try them out for yourself? You can use our links below to find deals on the 2025 Hyundai IONIQ 5 and 2026 IONIQ 9 near you.

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Avatar for Peter Johnson Peter Johnson

Peter Johnson is covering the auto industry’s step-by-step transformation to electric vehicles. He is an experienced investor, financial writer, and EV enthusiast. His enthusiasm for electric vehicles, primarily Tesla, is a significant reason he pursued a career in investments. If he isn’t telling you about his latest 10K findings, you can find him enjoying the outdoors or exercising