Hyundai Ioniq Plug-In Hybrid

AFTER INCENTIVES

$20,699

MSRP

$26,700

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ESTIMATED INCENTIVES

$6,001

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Loan Payment

$476 / month

Down Payment

$2,910

10% of MSRP plus tax

ESTIMATED INCENTIVES

$6,001

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Lease Payment

$281 / month

FIRST LEASE PAYMENT

$3,191

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Incentives For Lease

$6,001

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C02 Emissions Reductions

10,112 lbs/yr

Trees Planted

211

FUEL TYPE

PHEV

ELECTRIC RANGE

29 miles

Type

Hatchback

Seats

Total Range

620 miles

TIME TO CHARGE - LEVEL 2

~ 2 hr 40 min

BATTERY SIZE

8 kWh

Gasoline Saved

536 gal/yr

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

Compare the Hyundai Ioniq Plug-In Hybrid to a similar gas vehicle, the Mazda 3 Hatchback

Purchase Method

Miles Driven Per Year

20,000 miles

Portion Electric for PHEV

60%

Years of Ownership/Lease

5 Years

Gasoline Price ($/gal)

$2.95

Assumptions

Sales Tax9.00%

Electricity Rate$0.16236/kWh

Electricity rate is calculated as the average for six months of summer off-peak and six months of winter off-peak To learn more, please click here.

Results have been updated as of 3/12/2021, 5:35:07 AM.

Cost of Ownership

The Hyundai Ioniq Plug-In Hybrid is $9,339 cheaper to own over 5 years

Description	Hyundai Ioniq Plug-In Hybrid	Mazda 3 Hatchback
Vehicle	$16,642	$19,505
Maintenance	$4,068	$5,546
Insurance	$8,400	$8,222
Electricity	$2,728	$0
Gasoline	$2,269	$10,172
Total	$34,106	$43,445

Cost to Fill Up Monthly

The Hyundai Ioniq Plug-In Hybrid is $86 cheaper to fill up monthly

Vehicles	Electricity	Gasoline	Total
Hyundai Ioniq Plug-In Hybrid	$45	$38	$83
Mazda 3 Hatchback	$0	$170	$170

We selected the Mazda 3 Hatchback based on its proximity to the Hyundai Ioniq Plug-In Hybrid based on brand, size, and price.

Up to $6,001 in tax credits and rebates are potentially available for the Hyundai Ioniq Plug-In Hybrid

$4,168

Federal Tax Credit

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

Up to $1,000

Federal Alternative Fuel Infrastructure Tax Credit

Customers who purchase qualified residential fueling equipment before December 31, 2021, may receive a tax credit of up to $1,000.

California High Occupancy Vehicle (HOV) Lane Exemption

Electric vehicles may use HOV lanes regardless of the number of occupants in the vehicle.

California Clean Vehicle Assistance Program Beneficial State Foundation

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

$1,000

California Clean Vehicle Rebate Project

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.

$833

California Clean Fuel Reward

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.

Silicon Valley Clean Energy Residential EV Rates

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.

PG&E Electric Vehicle Rate Plans

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.

Bay Area AQMD Clean Air Vehicle Discount

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

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