2017 Hyundai Ioniq Electric Lease and MSRP Details Announced

Discussion in 'In the News' started by xcel, Apr 21, 2017.

  1. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    [​IMG] Great up front pricing compared to competitors, a steal with the giveaways, and a very unique and affordable lease plan.

    [​IMG]Wayne Gerdes – CleanMPG – April 20, 2017

    2017 Hyundai Ioniq BEV – $30,335 to start incl. the $835 D&H fee while providing owners 125 miles of all-electric range (AER).

    Following our first drives of the Ioniq HEV and BEV, Hyundai’s IONIQ HEV, PHEV and BEV Preview and 2017 Hyundai Ioniq HEV Available Now, BEV in April, PHEV This Fall, the threesome offer the familiar air cheating hatch profile with a Cd of just 0.24. The passive aerodynamic air curtains for the front wheels is also worth mentioning again. Unique to the Ioniq Electric is the grille that is less open as the three-stage active air flap from the HEV/PHEV is not needed. It has a sleek, closed front fascia with shinier gloss black face vs its siblings.

    The Electric can be equipped with HID headlamps with Dynamic Bending Light (DBL). LED tail lamps with a unique pattern and unique 16” alloys are standard.

    2017 Hyundai Ioniq Volume Competitive Comparison


    Moving inside, the only real difference between the HEV/PHEV and the Electric was the Qi charger was upright just in front of the center console vs. flat and below the center display of the HEV/PHEV Limited trims. All include a very easy to view hi-res 7” instrument cluster, Android Auto, Apple CarPlay and the very latest Blue Link connectivity solutions. The Electrics passenger volume is exactly the same as the HEV and PHEV models at 96.2 cu. ft. The cargo volume is listed at 23.8 cu. ft. for it and the PHEV vs. the HEVs 26.5 cu .ft. spec.

    2017 Hyundai Ioniq Electric center console layout


    The Electric also provides a bit more hip room vs the HEV and PHEV thanks to the shift-by-wire push-button drive selector vs the shifter.

    Underpinning the Electric is a torsion-beam rear axle vs. the independent rear end on the HEV and PHEV variants.

    2017 Hyundai Ioniq Electric Drivetrain

    The Ioniq Electric’s Permanent Magnet Synchronous motor is rated 118 hp and 218 lb.-ft. of torque and mated to a single-speed reduction-gear transmission. The power storage comes from a 28 kWh Li-Ion polymer battery for an EPA AER of 124 miles and an EPA-estimated 136 MPGe efficiency rating.

    The Ioniq Electric arrives with a standard Level3 DC fast-charging capability. Charging the Ioniq Electric from flat to 80 percent only takes 23 minutes using a SAE Combo Level-3 DC, 100 kW fast charger. An integrated In-Cable Control Box (ICCB) also allows drivers to charge their Ioniq using a standard household electric socket.

    Under the hood of the Ioniq Electric​

    The HEV and PHEV are equipped with smaller but still potent 43 hp/125 lb-ft of torque and 60 hp/125 lb-ft. of torque electric motors mated to a fast shifting 6-speed DCT respectively. The HEV and PHEV s traction batteries are also rated at a much smaller but expected given their design 1.56 kWh and 8.9 kWh useable capacity.

    The Ioniq Electric also includes a 12V battery whereas the HEV and PHEV do not. I never received a solid answer for that one.

    On the safety front, the Ioniq Electric Limited with the Tech pkg. includes Automatic Emergency Braking with Pedestrian Detection, Lane Departure Warning, Blind Spot Detection and Rear Cross-Traffic Alert.


    2017 Hyundai Ioniq Electric Pricing

    Hyundai released full pricing detail and introduced a new and dare I say ground-breaking lease plan called the “Ioniq Unlimited+” EV program for California residents.

    To purchase outright, the breakdown looks like this.

    2017 Hyundai Ioniq Electric
    • Base trim - $29,500
    • Limited trim - $32,500
    • Limited trim with the Ultimate pkg. - $36,000
    None of the above include the $835 D&H charge.

    2017 Hyundai Ioniq Electric Trim breakout


    Unique to the industry is the Ioniq Electric lease program called the “Ioniq Unlimited+”.

    The “Ioniq Unlimited+” allows Californian’s to select one fixed payment for a 36-month term with the following side benefits.

    "Ioniq Unlimited+" Subscription Lease Pricing
    • Base trim- $275 + tax
    • Limited trim - $305 + tax
    • Limited with Ultimate Package - $365 + tax
    The monthly payment includes the following:
    • $0 initiation fee after rebate
    • Hassle-free transaction
    • Initial tax, title, license and fees (except California sales tax)
    • Unlimited mileage (no mileage penalties)
    • Electric charging reimbursement
    • Scheduled maintenance
    • Vehicle wear items
    All-in, the Ioniq Unlimited+ provides zero upfront costs after rebate, where the customers’ initial $2,500 down payment is offset by the California electric vehicle rebate. This initiation fee includes the first monthly payment. The remaining monthly subscription payment is based simply on the Ioniq Electric model chosen.

    The program is also setup to remove the much derided car buying experience from the equation. Customers can select the exact Ioniq Electric they want from whatever Hyundai dealer has that trim and color, preview the all-inclusive monthly payment online, complete the credit app online. Once approved, they go to the dealer and pick up their car with a few more signatures and vehicle walk around after the sale/lease.

    The Ioniq Electric is also eligible for an HOV-sticker.

    The program also includes reimbursement for electricity used by the owner, based on the number of miles driven, up to the first 50,000 miles! Hyundai did not post the rate at which the customer will be reimbursed for charging but anything is better than nothing.

    The electricity credit will be applied directly to the owners’ subsequent monthly payment, for immediate monetary benefit to the customer. Even more, all service, maintenance and wear items on the Ioniq Electric are also included during the first 50,000 miles, further enhancing the worry-free experience.

    Ioniq Electric Availability

    The 2017 Ioniq Electric Vehicle will be initially available to Los Angeles/Orange/Riverside county residents only, expanding to Northern California and San Diego later this year. The Ioniq Unlimited+ subscription program is only available to California residents.

    Hyundai’s Lifetime Battery Warranty and America’s Best Warranty for the entire Ioniq powertrain to the original purchaser is also part of the package. Nobody offers this other than Hyundai.

    2017 Hyundai Ioniq Electric

    Nice looks, decent range, great efficiency, and even better pricing.​

    Are you ready for an Ioniq Electric today?
    BillLin likes this.
  2. Jay

    Jay Well-Known Member

    Weird that the BEV has the 12-V pb-acid battery where the US hybrid does not. The li-ion poly 12v for the HEVs must have been a weight-saving measure to slide under some EPA bar for fuel economy calculations? Also weird is LED headlights for the LTD trim but the more expensive Ultimate trim has HIDs.
    xcel likes this.
  3. Trollbait

    Trollbait Well-Known Member

    The 12v battery could also be a simple cost cutting measure to hit under $30k.
    Or Hyundai wanted to use all the available space in the rear for the battery for range, and a 12v under the hood was the KISS solution for start up.
    Jay, xcel and BillLin like this.
  4. BillLin

    BillLin PV solar, geothermal HVAC, hybrids and electrics

    I like both thoughts... lower cost and simpler.
    xcel likes this.
  5. Carcus

    Carcus Well-Known Member

    "Total estimated monthly savings are based on California’s average weekly gas price of $3.055 per gallon during the week of March 27, 2017 and California's average cost of electricity per kilowatthour to Ultimate Customers by End-Use Sector at 18.44 cents, as reported by the EIA as January 2017. Actual values of savings and reimbursements may vary."


    So, .. $2,500 down (which the California rebate covers) and $275/mo (for the base) and "Free" fuel. The lease looks like a pretty decent deal to me. Californians would get to drive this car for roughly the cost of depreciation for 3 years. -- and no long-term battery worries.

    Last edited: Apr 23, 2017
    xcel and BillLin like this.
  6. Kinder

    Kinder Well-Known Member

    Looks like a great car and interesting lease program. I just learned my small co-op utility lets you put in a second meter for EV charging between 11pm and 6am at 5.4 cents/kwh, you also need a dedicated level two charger of your choice. That could mean $200/year in fuel for my commuting needs. Will the Ioniq BEV be available for order outside of CA? I am in rural MN.
    all_about_the_glide, xcel and BillLin like this.
  7. Trollbait

    Trollbait Well-Known Member

    It will likely be shipped to California and other CARB states first, but Hyundai isn't talking limit to select states. So it should be available nationwide. You'll likely just have to wait for it in some areas.
    BillLin and xcel like this.
  8. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    Hi All:

    I am updating this preview from the initial release of the 2017 Hyundai Ioniq Electric...

    Hyundai just released prices for the 2020 IONIQ Electric. The redesigned 2020 IONIQ Electric is rated for 170 miles of range, while offering owners advanced standard safety features and technology at a starting price of $33,045. Customers may qualify for the $7,500 federal tax credit making the net price $25,545 for the SE model. The Limited is available for $38,615 OR $31,115 net (with federal tax credit).

    2020 Hyundai Ioniq Electric


    The Limited trim includes the following std. equipment: Forward Collision-Avoidance Assist with Pedestrian Detection, Blind-Spot Collision-Avoidance Assist with Rear Cross-Traffic Collision-Avoidance Assist, Highway Drive Assist, 10.25” Navigation system and Harman Kardon premium audio.

    2020 Hyundai IONIQ Electric Pricing (MSRP)

    SE - $33,045
    Limited - $38,615

    D&H for the 2020 Hyundai IONIQ Electric is $955.

    2020 Hyundai IONIQ Electric Enhancements
    • Battery pack capacity increases from 28 kWh to 38.3 kWh
    • Driving range increases from 124 miles to 170 miles
    • On-board charger increases from 6.6 kW to 7.2 kW increasing charging speed
    • 100-kW DC fast-charging station allows charging from flat to 80 percent in as little as 54 minutes
    • 133 combined MPGe makes IONIQ Electric one of the most efficient vehicles sold in the U.S.
    • Horsepower increases from 118 to 134 hp
    The new IONIQ Electric also features Eco+, which supplements the standard Eco, Comfort and Sport driving modes. By selecting the Eco+ mode, drivers can reduce their energy consumption extending the car’s remaining energy.

    2020 Hyundai IONIQ Electric Highlights

    Exterior design upgrades

    New pattern on the closed grille
    New front and rear bumper fascias
    LED head, tail and DRLs
    New wheel designs
    New side sill moldings

    Interior design upgrades

    Optional 10.25” widescreen NAVI
    New center LCD information screen
    New upper and lower instrument panel
    New console upper cover
    Dark chrome instrument panel trim
    Touchscreen heating and cooling controls
    Ambient lighting
    Piano key controls


    2020 IONIQ Electric SE (Replaces 2019 MY Electric trim)
    • Smart Cruise Control with Stop & Go added
    • 8” Display Audio w/ Apple CarPlay and Android Auto added (7-inch Display Audio system for 2019 MY)
    • Forward Collision Avoidance-Assist w/ Pedestrian Detection added with SmartSense
    • Lane Keeping Assist added
    • Driver Attention Warning added
    • High Beam Assist added
    2020 IONIQ Electric Limited
    • LED Headlights
    • 10.25-inch Navigation system added (8-inch for 2019 MY)
    • Harman Kardon premium audio added
    • Ambient interior lighting added
    • Touchscreen heating and cooling controls added
    • Highway Driving Assist added with SmartSense
    • Lane Following Assist added with SmartSense
    • Blind-Spot Collision-Avoidance Assist with RCTA added with SmartSense
    New Colors: Stellar Silver and Electric Shadow

    Blue Link - The upgraded IONIQ Electric still features Hyundai’s Blue Link connected car system that allow drivers to remote start their vehicle and control air conditioning using the MyHyundai smartphone app. The app also allows users to remote lock or unlock their doors, and find their vehicle in a crowded parking lot with Car Finder and remote horn and lights. This technology also allows owners of the plug-in or electric model to remotely check the status of their battery so they know when they need to recharge the vehicle. Thanks to Blue Link, charging can be remotely controlled and scheduled via the app.

    Blue Link in the new IONIQ arrives with cloud-based navigation, which offers free up-to-the-minute traffic information, POI searches, dealer locator as well as the ability to locate nearby charging stations.

    Dec. 2019 Ioniq EV sales: 40 vs 56 old in Dec. of 2018, down 27.0 percent. For all of 2019, 1,641 Ioniq EVs were sold, up 246.2 percent over the 474 sold in all of 2018. If only it was equipped with the 201 hp Electric motor and 64-kWh pack from the Kona and Niro Electrics or better yet, a 90-kWh traction battery. 350+ miles would be easy.

    EdwinTheMagnificent and BillLin like this.
  9. EdwinTheMagnificent

    EdwinTheMagnificent Legend In His Mind

    And last time I checked , not sold in the Land of Lincoln.
    xcel and BillLin like this.
  10. BillLin

    BillLin PV solar, geothermal HVAC, hybrids and electrics

    I can't find any new Ioniq EVs anywhere in the USA. One new 2018 shows. The rest of 2018/2019 are used. Can't sell what's not on the lot (usually, unless you're Tesla and then you can sell them before making them). So is Hyundai serious about the Ioniq EV? Maybe Hyundai would rather sell the Kona.
    xcel and EdwinTheMagnificent like this.
  11. EdwinTheMagnificent

    EdwinTheMagnificent Legend In His Mind

    I think they are serious about being in " compliance".

    And selling the Kona , too.

    I need to go check to see if Kona BEV is sold here.
    BillLin and xcel like this.
  12. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    Hi Bill and Edwin:

    I checked the Hyundai consumer website and there is not a 2019 Hyundai Ioniq Electric within 50-miles of me here in Southern CA either.

    Dealerships have a lot to say about this and if they are not ordering them, there must be no demand? For the Ioniq Electric that is.

    Meanwhile, you cannot spit without hitting a 300+ mile range Tesla Model 3 around here...

    Here is just one local Hyundai dealership that has 29 2020 Kona Electrics on its lot.


    I think Hyundai dealerships are going to be stuck with a lot of Kona EV inventory as the demand for $40k+ vehicles is limited. The cost to have that expensive of a vehicle sitting on your lot has got to be astronomical as well!

    BillLin likes this.
  13. Trollbait

    Trollbait Well-Known Member

    The Ioniq Electric was shipped to the US is small numbers. It took time for even the hybrid to roll out. Hyundai underestimated global demand, and had a shortage of batteries. Going to larger packs, I would hope they have secured a supply.
    BillLin and xcel like this.
  14. EdwinTheMagnificent

    EdwinTheMagnificent Legend In His Mind

    True , but regardless of which car is better , "Tesla" has more cachet value than "Hyundai".
    The Hyundai/Kia battery warranty is what got my attention.
    BillLin and xcel like this.
  15. litesong

    litesong litesong

    That's news to me......Tesla owners have their EVs detailed with spit. Is that due to the water shortages? Will the same techniques be used in Australia?
    xcel and BillLin like this.
  16. Trollbait

    Trollbait Well-Known Member

    I don't think Hyundai's warranty says anything about battery capacity though.
    xcel and BillLin like this.
  17. EdwinTheMagnificent

    EdwinTheMagnificent Legend In His Mind

    I didn't read the fine print on that one. Since a Hyundai BEV or even PHEV is pretty much vaporware in
    Illinois , it doesn't matter just yet. I do want to know, though.
    xcel and BillLin like this.

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