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GizmoDriver

0% financing or a rebate on a 2020 Hyundai Ioniq Electric?

Gap in total cost

$3,770

  • 0% wins by $3,770.
  • 0% APR: $545 a month, $36,082 total.
  • Rebate at 7.0%: $608 a month, $39,853 total.
  • The rebate wins below 2.5% APR.
  • SE FWD, $34,040 with destination.
  • Cheaper than 29% of 22 hatchbacks (2020) by MSRP.

Pick another car

Offers change monthly. Enter the dealer's numbers.

7.0% APR. 60 months. 6% sales tax on the price. Tax on the price before the rebate.

0% APR$36.1kRebate, 7.0% APR$39.9k
Down payment plus 60 months of payments. Orange: cheaper.
2020 Hyundai Ioniq Electric: both offers by trim, 10% down
TrimPrice0% APR a monthRebate a month0% APR totalRebate totalCheaper
SE FWD$34,040$545$608$36,082$39,8530% APR
Limited FWD$39,610$634$713$41,987$46,7630% APR

What this cannot tell you

Dealer price and fees differ.

Some states tax the price after the rebate.

How values are checked