Hyundai has lowered lease prices on its updated 2025 Ioniq 5 electric SUV for the second consecutive month, offering consumers one of the most affordable deals in the electric vehicle market as political uncertainty clouds the future of U.S. EV incentives.
The 2025 Ioniq 5 SE Standard Range RWD is now available for $179 per month over 24 months with $3,999 due at signing, down from $209 a month in May. Hyundai’s latest promotion includes the $7,500 federal EV tax credit and runs through July 7.
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The refreshed model includes up to 318 miles of driving range, updated styling, and a Tesla-compatible NACS charging port—changes that have helped sustain strong sales. Hyundai has sold nearly 16,000 Ioniq 5 units in the U.S. through May.
The entry-level SE Standard Range starts at $43,975 and offers up to 245 miles of range. Buyers can upgrade to the extended-range SE trim for $199 per month or lease the rugged XRT variant for $299 monthly. Hyundai is also bundling a free ChargePoint Level 2 home charger or, alternatively, a $400 public charging credit with new leases or purchases.
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The new offers arrive as federal support for EVs faces potential changes. Former President Donald Trump has proposed eliminating tax credits through what he calls “One Big Beautiful Bill,” which could impact affordability for many electric models.