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2023 Hyundai IONIQ 5 significantly cheaper than EV6

The package change makes the Hyundai IONIQ 5 significantly cheaper than the Kia EV6. The EV shares the same platform, but the 2023 Hyundai IONIQ 5 is nearly $7,000 cheaper than his EV6, according to ordering guide data. If you’re cross-shopping for these electric cars, this can be a big problem.

As CarsDirect reported on Monday, 2023 Kia EV6 Light trim discontinued, which increases the base rate by $7,100. Currently, the cheapest EV6 starts at $49,795 including destination charges. That’s $7,050 more than the cheapest sticker price of $42,745. 2023 Hyundai IONIQ 5 Trim, SE standard range.

When the two electric vehicles were first introduced, they had roughly the same MSRP prices and relatively similar specs. It’s trim. The IONIQ 5 SE standard range is just 220 miles.

If the SE standard range of 220 miles is enough, it could be a better deal. To approach the EV6’s 310-mile range, you’ll need to upgrade to the IONIQ 5 SE, which costs $46,795 and can travel up to 303 miles. However, this isn’t really a fair comparison.

2023 Kia EV6 Front

That’s because the EV6 Wind features leather vented seats, a Meridian audio system, a power liftgate, and more. As a result, it might be fair to compare the cheapest EV6 to his IONIQ 5 SEL starting at $48,745. Even at that point, the IONIQ 5 will be $1,050 cheaper to buy, at least on paper.

Research has shown that IONIQ 5 may have another big advantage.In California they are called plug-in rebates clean vehicle rebate There is an MSRP cap of $45,000, 2022 Kia EV6 It fell below, but it seems that it will surpass in 2023. This could make the EV6 an additional $2,000 more expensive than his IONIQ 5.

Additionally, both EVs were disqualified for $7,500. tax creditWhile this may be a big deal for buyers, it’s important to note that both automakers held tax credits on their leases. Nevertheless, this change Inflation control law — Both EVs will be significantly more expensive than before.

Update (11/10/22): A spokesperson for the California Air Resources Board confirmed that the Kia EV6’s price increase now exceeds the $45,000 MSRP cap, making it ineligible for the $2,000 California Clean Vehicle Rebate (CVRP). as a result, EV6 is not covered by CVRP.

Top EV Leasing Deals and Incentives 2023 Hyundai IONIQ 5 significantly cheaper than EV6

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