2019 Hyundai Ioniq Plug-In Hybrid Base. As/of 01/08/2020

Also there is $500 bonus drive available
https://goodlife.allstate.com/interstitial/bonusdrive/

It is still pale comparison to <$100 Ioniq EV.
I’m still trying to figure out the math why it’s close to $200.

Ev had $16,500 in incentives . $14;5k from Hyundai and $2k from NY state

Yes, but…
Plug-In has a higher RV of 47%/48% vs 40% for EV for 36/12.

Plug-In has lower MSRP than EV but about rebate difference. Lowest MSRP for Plug-In I see as $26k while EV MSRP started at $31k which is close to the difference between rebate for EV and Plug-In.

The only thing higher is MF being 0.00147 and lower state rebate.

6% of RV is around $1800 but $5500 less in incentives so You have roughly 3k more spreaded into montly payments

Yes, on RV alone but not together with MSRP change.
rough basic calc not accounting for tax, reg, MF

Plug-In: Sale Price ($25k) - Rebate ($9k) - RV (MSRP $26k * 47%) = $3.8k / 36 = $105.

EV: Sale Price ($31k) - Rebate ($15k) - RV (MSRP $31k * 40%) = $3.6k / 36 = $100

All else (tax, reg, etc) being equal, I can only contribute the difference to higher state rebates for EV and lower MF for EV.

But I can always be wrong with math :slight_smile:

Unfortunetly NY dealers sell at MSRP price.

Has anyone gotten one of these <$200 as of late?

Plug in hybrid is available for around $190/m with 36/10 terms. Everything rolled in.

What region?

New York state.

Where exactly am I charging this? I live in NYC. I can barely find a parking spot on my block

F.e. go to plugshare.com

Use a crank generator…
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Did this change at all for the month of Jan?

For now looks like the deal is extended to Jan 6th. Hyundai called me that they have cars coming in so I put a deposit on one. But if it passes that date who knows what the deal will be!

Which Hyundai dealer?

Syracuse but it was BS they changed there tune to sell me a plug-in Hybrid. Now just trying to get my deposit money back. They have the nerve to tell me that I need to go there in person with my credit card to get the deposit back, since apparently they say I was there in person. When I made the deposit over the phone. I live in Long Island NY, I’m not gonna go all the way there to leave a deposit!!

There are no Ioniq Electric left. Only Hybrid Plug-Ins. They have lower rebates for now till Jan 6 and for some reason, dealerships getting more of 2019. At least mine got a few more in the last few days.

So Plug-In would cost more because of lower rebates.

My deal is posted here effective $183pm for 36/12. Definitely not as low as EVs were.

But hey, maybe in few months they become itchy to dump them as fast as EVs.

I don’t think so. AFAIK the 2020 phev will not get a battery upgrade like the ev model hence the need to clean the closet…but hey, it’s possible.