Hyundai has introduced a lease offer and financing incentives for its upcoming 2026 Ioniq 9 electric SUV, positioning the three-row vehicle as a strong contender in the growing electric vehicle market.
According to dealer communications cited by CarsDirect, the new Ioniq 9 S can be leased for $419 per month over 36 months with $4,999 due at signing, based on a 10,000-mile annual limit. The effective monthly cost stands at $558.
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While slightly higher than the newly introduced Tesla Model Y Long Range Rear-Wheel Driveâleased at $399 per month with $4,093 due, or $513 per month effectiveâthe Ioniq 9 offers more passenger space and utility.
Hyundaiâs largest EV delivers an estimated 335 miles of range, supports fast charging, and has seating for up to seven occupants. Starting prices for the vehicle begin at $60,555.
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Though Hyundai is not offering direct rebates on the Ioniq 9, the SUV qualifies for the $7,500 federal EV tax credit, as it is built at the companyâs plant in Georgia. Financing terms include national rates as low as 1.99% APR for 60 months and 2.99% for 72 months. Alternatively, buyers opting for higher interest loansâ5.99% over 60 months or 6.59% over 72 monthsâcan access a $5,000 Dealer Choice Bonus.
However, analysis suggests that lower-interest financing may yield greater long-term savings. A five-year loan at 1.99% could result in an estimated total cost of $63,084, compared to $63,783 with the higher-rate rebate package. Factoring in potential dealer markups, the cost difference could exceed $2,200, making the low APR offer more favorable for most buyers.