{"id":243231,"date":"2023-10-26T22:18:57","date_gmt":"2023-10-26T22:18:57","guid":{"rendered":"https:\/\/automotobuzz.com\/?p=243231"},"modified":"2023-10-26T22:18:57","modified_gmt":"2023-10-26T22:18:57","slug":"2024-hyundai-ioniq-6-base-price-slashed-by-4100-starts-at-38615","status":"publish","type":"post","link":"https:\/\/automotobuzz.com\/car-reviews\/2024-hyundai-ioniq-6-base-price-slashed-by-4100-starts-at-38615\/","title":{"rendered":"2024 Hyundai Ioniq 6 Base Price Slashed By $4,100, Starts At $38,615"},"content":{"rendered":"
The Hyundai Ioniq 6 electric sedan is seeing significant price cuts of up to $4,100 \u2013 or 10 percent \u2013 for the 2024 model year even though it only launched in the U.S. this spring.<\/p>\n
A Hyundai spokesman confirmed the 2024 Ioniq 6 price reductions for InsideEVs <\/em>after the news was first reported by Car and Driver<\/em>.<\/p>\n “For the 2024 model year IONIQ 6, Hyundai launched a repackaged SE Standard Range trim with a starting price of $37,500,” the Hyundai representative told us in an emailed statement. He didn’t provide details on the repackaged SE Standard Range trim.<\/p>\n “Additional minor pricing adjustments were made to other trims because of production efficiencies and scale, and to make class-leading technology more accessible for a wider range of consumers.”<\/p>\n Including $1,115 shipping, the 2024 Hyundai Ioniq 6 has a starting price of $38,615 for the entry-level SE Standard Range trim that features rear-wheel drive and the smaller 53.0-kilowatt-hour battery. This variant offers an EPA-estimated driving range of 240 miles.<\/p>\n <\/p>\n Opting for the bigger 77.4-kWh battery on the SE Long Range rear-wheel-drive model raises the price to $43,565, while going for the SE Long Range AWD model pushes it to $47,065. Still, both variants are now $3,050 cheaper than their 2023 counterparts.<\/p>\n The better-equipped 2024 Hyundai Ioniq 6 SEL and Limited trims see lower price cuts of $2,450 each. The 2024 Ioniq 6 SEL RWD is priced from $43,565, while the Limited RWD starts at $51,265. The long-range, rear-wheel-drive variants of the Ioniq 6 are EPA-estimated at up to 361 miles of range on standard 18-inch wheels.<\/p>\n The same $2,450 cut applies to the AWD dual-motor variants, which start at $49,895 and $54,765, respectively. These dual-motor AWD models offer 316 miles of EPA-estimated range on standard 18-inch whees.<\/p>\n While Hyundai says “production efficiencies and scale” are the main cause for the price cuts, we suspect they may also be related to Tesla’s repeated price reductions in recent months.<\/p>\n A base Model 3 RWD currently starts at $40,380 (including $1,390 shipping), but the Tesla also qualifies for a $7,500 federal tax credit whereas the Ioniq 6 does not.<\/p>\n Earlier this month, Hyundai lowered lease prices for the Ioniq 6 shortly after Tesla did the same for the Model 3 and Model Y. The base 2023 Ioniq 6 SE is currently available for $299 a month with $4,999 due at signing, making it $44 a month cheaper than a Model 3 RWD.<\/p>\n <\/p>\n Source: Hyundai<\/span> via Car and Driver<\/span> <\/p>\n Gallery: 2024 Hyundai Ioniq 6 <\/h3>\n