Help understanding current Ioniq 5 purchase promotions

ShoutingMan

Is the Retail Cash Offer of $7500 just the EV federal tax credit? Or is this Hyundai’s offer and it stacks with the tax credit for a $15,000 total reduction possible?

How do these relate to the 1.99%/60 mo financing, if they do?

I lean to the 24 mo lease for my first EV, but if there’s a great purchase option, I want to be informed.

Thanks!

Michaell

ShoutingMan said:

Is the Retail Cash Offer of $7500 just the EV federal tax credit? Or is this Hyundai’s offer and it stacks with the tax credit for a $15,000 total reduction possible?

How do these relate to the 1.99%/60 mo financing, if they do?

I lean to the 24 mo lease for my first EV, but if there’s a great purchase option, I want to be informed.

Thanks!

The $7500 purchase incentive is in lieu of the federal tax credit, and you get it only if you take the standard financing rate from Hyundai.

Leasing will be much better.