Hyundai undercuts Tesla Mannequin 3 by $9,300 with 2024 IONIQ 6 particular money provide


With a brand new particular money provide, the 2024 Hyundai IONIQ 6 might be considerably cheaper to purchase than the upgraded Tesla Mannequin 3 Highand. Hyundai is providing a $7,500 buy incentive on the 2024 IONIQ 6. That’s to purchase, not for a lease like earlier offers.

2024 Hyundai IONIQ 6 provide drastically lowers costs

In line with Hyundai’s web site, all 2024 IONIQ 6 trims are eligible for a $7,500 Retail Bonus Money provide. It’s primarily like receiving the complete EV tax credit score with a brand new buy.

The money provide might carry the IONIQ 6’s MSRP of $38,615 down to simply over $30,000 ($31,115) as one of the vital inexpensive EVs in the marketplace. As compared, the brand new Tesla Mannequin 3 Highland begins at $40,380 (together with vacation spot).

Just like the IONIQ 6, Tesla’s Mannequin 3 is not eligible for the IRA tax credit score. The bottom and Lengthy Vary Mannequin 3 trims misplaced eligibility after new rule adjustments kicked in on the first of the yr. The Efficiency model nonetheless qualifies for the complete $7,500.

With the provide, Hyundai’s IONIQ 6 is almost $9,300 cheaper to purchase than the brand new Tesla Mannequin 3. The 2024 Hyundai IONIQ 6 is already $4,100 cheaper than final yr’s mannequin.

2024 Hyundai IONIQ 6 trim
Estimated Vary
Beginning Value
SE Normal Vary RWD 53 240 $38,615
SE RWD 77.4 361 $43,656
SEL RWD 77.4 305 $46,365
Restricted RWD 77.4 305 $51,265
SE Twin Motor AWD 77.4 316 $47,065
SEL Twin Motor AWD 77.4 270 $49,865
Restricted Twin Motor AWD 77.4 270 $54,765
2024 Hyundai IONIQ 6 beginning value and vary

Hyundai stated the decrease costs are because of “manufacturing efficiencies and scale.” In different phrases, Hyundai is getting higher at constructing EVs and passing the financial savings onto prospects.

In line with Hyundai’s web site, the deal ends on January 31, 2024. It’s good for all 2024 Hyundai IONIQ 6 trims bought by the top of the month. Hyundai can also be doubling its lease provide with as much as $15,000 off the IONIQ 5 electrical SUV.

Hyundai IONIQ 5 (left) and IONIQ 6 (proper) at Tesla Supercharger (Supply: Hyundai)

The information comes after Hyundai offered a report variety of autos within the US final yr. Hyundai offered almost 47,000 IONIQ 5 and IONIQ 6 fashions in 2023. Hyundai Motor Group (together with Kia and Genesis) ranked second behind solely Tesla in US EV gross sales in 2023.

With round 117,000 EVs handed over final yr, Hyundai and Kia accounted for 8% of passenger EVs offered within the US.

The automaker continues to emerge as a model to observe with devoted EVs constructed from the bottom up.

In case you’ve been eyeing Hyundai’s electrical fastback, now will be the time to make a transfer. We may help you get began as we speak. You should utilize our hyperlink to attain nice offers on the 2024 Hyundai IONIQ 6 at a seller close to you.

Supply: CarsDirect

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