Hyundai Ioniq Electric

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AFTER INCENTIVES

$22,245

MSRP

$33,245

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ESTIMATED INCENTIVES

$11,000

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Loan Payment

$593 / month

Down Payment

$3,624

10% of MSRP plus tax

ESTIMATED INCENTIVES

$11,000

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Lease Payment

$304 / month

FIRST LEASE PAYMENT

$3,927

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Incentives For Lease

$11,000

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C02 Emissions Reductions

13,013 lbs/yr

Trees Planted

271

FUEL TYPE

BEV

ELECTRIC RANGE

170 miles

Type

Hatchback

Seats

5

MILES PER 30 MIN OF FAST CHARGING

~ 100 miles

TIME TO CHARGE - LEVEL 2

~ 5 hr 25 min

BATTERY SIZE

38 kWh

Gasoline Saved

690 gal/yr


For more details including charts & calculations, please view this page on a desktop.

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Compare the Hyundai Ioniq Electric to a similar gas vehicle, the Mazda 3 Hatchback

20,000 miles

5 Years

$2.95


Assumptions

Results have been updated as of 3/12/2021, 5:35:18 AM.

Cost of Ownership

The Hyundai Ioniq Electric is $10,363 cheaper to own over 5 years



DescriptionHyundai Ioniq ElectricMazda 3 Hatchback
Vehicle$17,193$19,505
Maintenance$3,115$5,546
Insurance$8,714$8,222
Electricity$4,059$0
Gasoline$0$10,172
Total$33,082$43,445

Cost to Fill Up Monthly

The Hyundai Ioniq Electric is $102 cheaper to fill up monthly



VehiclesElectricityGasolineTotal
Hyundai Ioniq Electric$68$0$68
Mazda 3 Hatchback$0$170$170

We selected the Mazda 3 Hatchback based on its proximity to the Hyundai Ioniq Electric based on brand, size, and price.

Up to $11,000 in tax credits and rebates are potentially available for the Hyundai Ioniq Electric

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$7,500

Federal Tax Credit

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Tax credit for the purchase of a new plug-in electric drive motor vehicle. Credit amount depends on the car's battery capacity.
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Up to $1,000

Federal Alternative Fuel Infrastructure Tax Credit

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Customers who purchase qualified residential fueling equipment before December 31, 2021, may receive a tax credit of up to $1,000.
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California High Occupancy Vehicle (HOV) Lane Exemption

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Electric vehicles may use HOV lanes regardless of the number of occupants in the vehicle.
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California Clean Vehicle Assistance Program Beneficial State Foundation

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Beneficial State Bank has committed to providing loans at an 8% interest rate or lower to participants of the Clean Vehicle Assistance Program.
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$2,000

California Clean Vehicle Rebate Project

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The California Clean Vehicle Rebate Project (CVRP) offers rebates for the purchase or lease of qualified vehicles. Low income applicants are eligible for higher incentives.
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$1,500

California Clean Fuel Reward

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A point-of-sale reward available to all California residents who purchase or lease of an eligible new Battery Electric (BEV) or Plug-in Hybrid (PHEV) vehicle at participating retailers.
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Silicon Valley Clean Energy Residential EV Rates

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Silicon Valley Clean Energy (SVCE) electric vehicle rate schedules, EV-A and EV-B, mirror those of PG&E. With SVCE, you are driving on clean, carbon-free power at a lower rate.
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PG&E Electric Vehicle Rate Plans

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PG&E offers two electric vehicle rate plans for residential customers. EV2A combines your vehicle's electricity costs with those of your residence. EV-B involves the installation of another meter, which separates your vehicle's electricity costs from those of your home.
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Bay Area AQMD Clean Air Vehicle Discount

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During commute times, clean air vehicles can receive toll discounts on Bay Area Bridges.

Locate Charging Stations

Charging Stations

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