Hyundai Ioniq Plug-In Hybrid
AFTER INCENTIVES
$22,532
MSRP
$26,700
See All Costs >ESTIMATED INCENTIVES
$4,168
See All Incentives >Loan Payment
$437 / month
Down Payment
$2,670
10% of MSRP plus taxESTIMATED INCENTIVES
$4,168
See All Incentives >Lease Payment
$187 / month
FIRST LEASE PAYMENT
$2,857
See All Costs >Incentives For Lease
$4,168
See All Incentives >TYPE
Hatchback
Minimum Seats
5
FUEL TYPE
PHEV
ELECTRIC RANGE
29 miles
Total Range
620 miles
TIME TO CHARGE - LEVEL 2
~ 2 hr 40 min
BATTERY SIZE
8 kWh
CO2 EMISSIONS REDUCTION
4,362 lbs/yr
Trees Planted
91
Gasoline Saved
321 gal/yr
For more details including charts & calculations, please view this page on a desktop.
Compare the Hyundai Ioniq Plug-In Hybrid to a similar gas vehicle, the Mazda 3 Hatchback
12,000 miles
60%
5 Years
$2.55
Assumptions
Sales Tax6.875%
Electricity Rate$0.0417/kWh
Electricity Rate shown is an example of an EV driver in Minnesota charging off-peak on the Time of Day - Separate Meter rate plan.
Cost to Fill Up Monthly
The Hyundai Ioniq Plug-In Hybrid is $61 less expensive to fill up monthly
| Vehicles | Electricity | Gasoline | Total |
|---|---|---|---|
| Hyundai Ioniq Plug-In Hybrid | $7 | $20 | $27 |
| Mazda 3 Hatchback | $0 | $88 | $88 |
Cost of Ownership
The Hyundai Ioniq Plug-In Hybrid is $6,435 less expensive to own over 5 Years
| Description | Hyundai Ioniq Plug-In Hybrid | Mazda 3 Hatchback |
|---|---|---|
| Vehicle | $11,136 | $13,183 |
| Maintenance | $2,441 | $3,328 |
| Insurance | $8,400 | $8,222 |
| Electricity | $420 | $0 |
| Gasoline | $1,177 | $5,276 |
| Total | $23,574 | $30,008 |
Cost to Breakeven
Compare the cumulative lifetime cost of the Hyundai Ioniq Plug-In Hybrid to a Mazda 3 Hatchback
| Year | Hyundai Ioniq Plug-In Hybrid | Mazda 3 Hatchback |
|---|---|---|
| Year 0 | $22,532 | $23,000 |
| Year 1 | $25,020 | $26,365 |
| Year 2 | $27,507 | $29,730 |
| Year 3 | $29,995 | $33,095 |
| Year 4 | $32,482 | $36,460 |
| Year 5 | $23,574 | $30,008 |
Note: Breakeven chart assumes the vehicles are purchased in cash.
We selected the Mazda 3 Hatchback based on its proximity to the Hyundai Ioniq Plug-In Hybrid based on brand, size, and price.
Up to $4,168 in tax credits and rebates are potentially available
for the Hyundai Ioniq Plug-In Hybrid
$4,168
Federal Tax Credit
Up to $1,000
Federal Alternative Fuel Infrastructure Tax Credit
Charging Stations
Installed by business or government
DC fast charge or superchargers
Private stations
