2019 Hyundai IONIQ Electric Gets Price Increase

2019 Hyundai Ioniq Electric

JAN 25 2019 BY STEVEN LOVEDAY 26

It appears Hyundai quietly upped the price of its IONIQ Electric by over $500.

Just a week ago, Hyundai began selling its 2019 IONIQ Electric in other CARB states, rather than just California. According to a recent story by CarsDirect, within three days of the sales expansion, the automaker bumped up the EV’s price by more than $500.

Per CarsDirect, the IONIQ Electric was priced at $30,700 in early January. Now, Hyundai has increased its MSRP to $31,235. Hyundai’s site confirms the pricing. It lists the base IONIQ Electric at $30,315, excluding the $920 destination charge. CarsDirect notes that Hyundai increased the EV’s starting price by $500 and added $35 to its destination charge. These same increases also apply to the range-topping Limited trim.

This price increase makes the IONIQ Electric more expensive that its top rival, the 2019 Nissan LEAF. The LEAF starts at $29,990, plus an $895 destination charge. This puts it at $30,885, which is $350 less than the Hyundai.

Still, the IONIQ Electric offers one of the lowest lease prices in the industry for a battery-electric vehicle. Both the IONIQ and LEAF qualify for the full $7,500 federal EV tax credit. Both also offer a reasonable electric range, though it’s not on par with today’s long range EVs. The IONIQ will take you 124 miles on a full charge, while the LEAF has a range of 151 miles.

For those willing to wait, the Nissan LEAF e-Plus will offer 226 miles of range. Nissan has not yet announced U.S. pricing, but expect it to be similar to that of the Chevrolet Bolt EV, at around $36,000 give or take.

Hat tip to Joe E!

Source: CarsDirect

Categories: Hyundai

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26 Comments on "2019 Hyundai IONIQ Electric Gets Price Increase"

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Get this over the Leaf, if you can.

I test drove a Leaf 2.0, and it felt just like my former Leaf 1.0. I know it has more battery and motor, but it’s exactly the same car with 2.5 inches more rear legroom. And Nissan wasn’t offering much in the way of deals at the time.
I just couldn’t go back to the same old thing.

You may want to go back; there are rumors some are working on aftermarket replacement gen one batteries, with more range. There are about 380,000 Leafs out there that will all need a replacement battery; hope it’s true: https://www.youtube.com/watch?v=Avwl5R96WEk&t=3s

I got my Ioniq EV in MD (CARB state) in November, and brought it to PA (non-CARB state). IIRC, several dealers had them. It’s a really nice car – very happy so far.

Congrats! I’ve been curious regarding expansion beyond California. Were there any difficulties ordering it, or did you just come to the dealer and it was there on the lot?

There were only 345 (per inside EVs) sold in the U.S. last year, all in SoCal I believe.

Several Ioniq EVs have been available for several months in MD, NY, and IL, at least.

I found it on cars.com, and drove 5 hours to the dealer and bought it. Another dealer on the way had one, but since it wasn’t blue, I didn’t go there. My dealer had two of them.

Because of the too-large gap in chargers along the way back, I actually towed it home behind my minivan. PA is a bit of an EV wasteland, but it’s getting better.

King of the efficiency gets new battery + slight redesign while keeping aaalmost the same price, kudos to Hyundai doing all kinds of great steps also with Kona and now Ioniq

Of course, they earn basically no profit on it. https://premium.goauto.com.au/low-margin-huge-potential-for-ioniq-hyundai/

Tack on a ~20% margin to the MSRP to see where they really stand.

The same thing was true of the Toyota Prius. Toyota only began to make a profit on the 3rd generation Prius, more than 10 years after launch. https://www.ft.com/content/146ad23c-7230-11e2-89fb-00144feab49a

Long-term profits should be the goal.

It’s how things work in the car biz….but we know better and want profits now!

No, this is the same 28 kWh battery and 124 mile EPA range. When it gets the bigger battery (2020 model?) the price will, presumably, go up more.

It’s not the new one with the bigger battery.

The IONIQ I think , It’s Past Due for a Complete Body Refresh , It’s beginning to look very dated… * 🙁 *

It was never a stylish car and isn’t much fun to drive either. That said, they do squeeze the kms/miles out of it.

Strange how personal tastes vary. IMHO it is one of the best-looking cars out there.

Was recently on a home visit in Israel, where the ICE hybrid Ioniq is currently the best-selling car in the country, much thanks to fleet lease deals (which are roughly half the market there).

You could see Ioniqs everywhere, and everywhere they looked much better than any other car around them.

Agreed. Mine is blue, and it’s one of the best-looking cars I’ve owned, IMO. My prior EV was a 12 Leaf, which is an acquired taste.

Lease deals for Leaf + guess estimate?

124 miles is still a limited utility car. They really need to up their game and get above 200 miles of AER. 20+ additional kWh isn’t cheap but it would make a world of difference in how the car could be used.

2020 Ioniq EV is supposedly going to get a 38.3kwh battery providing a 35% increase in range (167 miles). Plus a slight interior and exterior refresh. Hopefully the price will stay the same but I’m not holding my breath.

If they get to 167 they will be close to what most people need to make the car work as a full utility vehicle. Still problematic for road trips, but less so.

I wish they would up the battery capacity to 64kWh, and ideally also switch to that Kona motor. I would love to see that, the Kona drivetrain, in the smaller/lighter body of the Ioniq. You could get 280 miles of range(EPA), and 77kW charging(5.6 mile range per minute charging). That put’s it in Tesla-territory, in terms of range, and charging capability(not based on kW, i’m basing off of miles/minute charging, which accounts for vehicle efficiency).

If Hyundai could do that, and still sell it for less than $40k fully loaded, I would buy it.

Oh, thank you so much for going the extra mile 🙂

NOT.

If it were up to the “if you only add this and this and this and this AND cut the price in half” crowd, there’d be no EVs on any road right now.

$500? Where’s my fainting couch?