The Kia EV6 and Hyundai Ioniq 5 could make the most of the identical E-GMP electrical car platform, however they characteristic distinct styling and are priced in another way.
Within the US, the Kia EV6 Wind begins at $50,025, making it $3,190 dearer to purchase outright than the Hyundai Ioniq 5 SE mannequin.
Nonetheless, must you resolve to lease an EV6 as an alternative of shopping for it, Kia is now providing its electrical crossover for a similar month-to-month lease price because the Ioniq 5.
In keeping with incentive bulletins despatched to sellers earlier this week and seen by Vehicles Direct, 2023 Kia EV6 lease costs had been lowered by $30 per 30 days, which implies the EV6 now as the very same lease worth because the Ioniq 5 regardless of having a considerably increased MSRP.
In California, for instance, Kia advertises a lease deal for the EV6 Wind of $399 for 36 months with $4,999 due at signing (10,000-mile per yr contract). This represents a $30 lower in month-to-month fee.
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The Hyundai Ioniq 5 SE prices the identical to lease this month, being listed at $399 with $4,999 at signing. Each autos have an efficient price of $538 per 30 days and are eligible for incentives just like the $2,000 California Clear Automobile Rebate.
With the very same lease worth, some EV consumers could think about the EV6 superior worth, seeing because the Kia has the next buy worth than the Hyundai.
Kia’s provide consists of the 7,500 lease incentive, which takes benefit of a loophole within the Inflation Discount Act for EVs assembled outdoors the US.
After all, Kia and Hyundai lease costs can range barely by area, so the EV6 and Ioniq 5 could not price the identical to lease in all places. Nonetheless, the $399 month-to-month fee for each EVs is at present listed in lots of components of the nation.
Thoughts you, these are producer lease examples, so ensure to contact a seller to get precise market pricing close to you. As with shopping for, you’ll be able to at all times attempt to negotiate the lease to get the very best deal.