Hyundai’s electric vehicles are already among the most affordable you can get your hands on. To kick off the new year, Hyundai is slashing EV prices again with new deals and promotions.
What EV deals and lease offers is Hyundai running?
After a fifth straight year with record retail sales in the US in 2025, Hyundai looks to keep the good times rolling this year.
Hyundai launched its January deals and offers this week with considerable savings on its EV lineup, including the IONIQ 5 and IONIQ 9.
The 2025 Hyundai IONIQ 5 remains one of the most affordable EVs you can lease, starting from $189 per month. That’s for the Standard Range SE model with an EPA-estimated range of up to 245 miles.
For $10 more, or $199 a month, you can upgrade to the SE RWD model, which offers an EPA-estimated range of up to 318 miles. The offer is for a 36-month lease with $3,999 due at signing, including the first month’s payment.
IONIQ 5 deals
Looking for an all-wheel-drive (AWD) option? The 2025 IONIQ 5 SE AWD is available to lease for just $239 a month. Or, if you’re really looking to get crazy, you can snag the rugged IONIQ 5 XRT trim for just $289 per month in January.
Hyundai is offering a $7,500 cash bonus on all 2025 IONIQ 5 models or 1.99% APR financing for up to 60 months.
The 2026 IONIQ 5 is available to lease, starting from $289 per month. Hyundai is only offering a $3,000 cash bonus, but 0% financing for up to 72 months on all 2026 IONIQ 5 models, plus an extra $1,000 off.
The IONIQ 5 received a major update for the 2025 model year, with more range (up to 318 miles), improved styling inside and out, and an NACS port for charging at Tesla Superchargers.
| Hyundai IONIQ 5 Trim | Driving Range (miles) | 2025 Starting Price | 2026 Starting Price* | Price Reduction | 2025 Monthly Lease Price in January | 2026 Monthly Lease Price in January |
| IONIQ 5 SE RWD Standard Range | 245 | $42,600 | $35,000 | ($7,600) | $189 | $289 |
| IONIQ 5 SE RWD | 318 | $46,650 | $37,500 | ($9,150) | $199 | $299 |
| IONIQ 5 SEL RWD | 318 | $49,600 | $39,800 | ($9,800) | $239 | $339 |
| IONIQ 5 Limited RWD | 318 | $54,300 | $45,075 | ($9,225) | $279 | $439 |
| IONIQ 5 SE Dual Motor AWD | 290 | $50,150 | $41,000 | ($9,150) | $238 | $369 |
| IONIQ 5 SEL Dual Motor AWD | 290 | $53,100 | $43,300 | ($9,800) | $279 | $409 |
| IONIQ 5 XRT Dual Motor AWD | 259 | $55,500 | $46,275 | ($9,225) | $289 | $459 |
| IONIQ 5 Limited Dual Motor AWD | 269 | $58,200 | $48,975 | ($9,225) | $319 | $499 |
IONIQ 9 and IONIQ 6 offers
Hyundai also cut lease prices on the larger IONIQ 9 in January. The 2026 IONIQ 9 is now listed for lease at just $369 a month, down from $419 in December.
All 2026 IONIQ 9 models are available with a $10,000 cash bonus. Or, you can take advantage of 0% financing for up to 72 months and an additional $3,000 off.
The three-row electric SUV starts at $58,995 with up to 335 miles of range. With up to 2,462 liters (87 cubic feet) of interior cargo space, the IONIQ 9 offers even more than the Ford Explorer.
Like the IONIQ 5, Hyundai’s three-row electric SUV has a built-in NACS port so you can use Tesla Superchargers.
The IONIQ 6 is also available to lease from just $189 a month. All 2025 IONIQ 6 models are available with a $7,500 cash bonus or 0% APR financing for up to 60 months. The 2025 Hyundai IONIQ 6 starts at $37,850 and offers an EPA-estimated range of up to 342 miles.
Hyundai’s new EV deals and offers end on February 2, 2026, and may vary by region. You can check local offers using the links at the bottom.
The IONIQ 5 was among the best-selling EVs in the US in 2025 behind the Tesla Model Y, Model 3, Chevy Equinox EV, and Mustang Mach-E. With affordable prices and some of the lowest lease rates among any EV in the US, Hyundai looks to keep the momentum going in 2026.
And it’s not just in the US that Hyundai is cutting EV prices. In Australia, Hyundai slashed prices on some of its electric models by up to nearly AUD $14,000, or about $9,400 US dollars.
In its home market of South Korea, Hyundai launched an “EV Early Bird” promo a few days ago, offering up to 1 million won ($700) for those that that take delivery of an IONIQ 5, IONIQ 6, or IONIQ 9 by March.
If you’re interested in seeing what deals are available by you or want to book a test drive, you can use the links below to find IONIQ 5, IONIQ 6, and IONIQ 9 models that are closest to you.
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