Hyundai EV Rebates/Incentives

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Hi Experts, I have a question on Hyundai Rebates/Incentives. Recently I have seen the following rebates listed on Colorado’s Hyundai Dealer’s Website.

  1. Evolve+ Dealer Cash: $3500
  2. Subscriber Loyalty Coupon: $2500

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  1. Evolve+ Dealer Cash: I know this is Hyundai’s month-to-month subscription service. So if I subscribe to a car for 28 days, will this make me eligible? And do I have to subscribe to the same car i.e. I want to Lease an Ioniq 6, so do I have to subscribe to the Ioniq 6, or I can subscribe to Ioniq 5 as well (because my nearby dealers don’t have an Ioniq 6 Evolve+).

  2. Subscriber Loyalty Coupon: Based on my initial research, I found that subscribing to the Newsletter is needed to qualify for this rebate, however, none of the dealers around me knows about this.

Need experts opinion

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Subscriber loyalty coupon isn’t national. It’s just a gimmicky way for the dealer to give a discount off msrp. The Evolve+ dealer cash is just what the dealer uses to initiate an Evolve+ contract. I doubt that can be passed through on a traditional lease. This appears to be just eye candy to attract customers.

But if you are a recent college grad who is in the National Guard, is a volunteer fire fighter, and owns a 2010 Elantra, you could qualify for all of them but the Evolve+ dealer cash.

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