Hyundai Ioniq 6 Gets $4,100 Price Cut, Now Starts At $37,500

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If you’re in the market for a stylish and affordable electric vehicle, you might want to check out the 2024 Hyundai Ioniq 6 as the automaker has quietly announced the model will start at $37,500.

That’s $4,100 less than its predecessor and it means the car now costs less than the Tesla Model 3, which begins at $38,990. However, the Ioniq 6 SE Standard Range isn’t terribly impressive as it has a 53 kWh battery that only provides 240 miles (386 km) of range. That isn’t the only downside as the car has a rear-mounted electric motor producing a modest 149 hp (111 kW / 151 PS) and 258 lb-ft (350 Nm) of torque.

Since the entire lineup carries over, the entry-level variant has LED lighting units and 18-inch wheels. They’re joined by flush-mounted door handles and a power trunk.

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Moving inside, buyers will find a 12.3-inch digital instrument cluster, a 12.3-inch infotainment system, and a six-speaker audio system. They’re joined by a dual-zone automatic climate control system and a driver’s seat with eight-way power adjustment.

Despite its entry-level status, the Ioniq 6 SE Standard Range comes with a host of driver assistance systems including Smart Cruise Control with Stop & Go. Buyers will also find Forward Collision-Avoidance Assist, Blind-Spot Collision Warning, Rear Cross-Traffic Collision-Avoidance Assist, and Safe Exit Warning. Other highlights include Lane Keeping Assist, Lane Following Assist, and High Beam Assist.

Ioniq 6 SE Gets $3,050 Price Cut

The 2024 Ioniq 6 SE begins at $42,450 and that makes it $3,050 less expensive than its predecessor. It rewards buyers with a larger 77.4 kWh battery pack, which allows for an impressive range of up to 361 miles (581 km).

The benefits don’t end there as the model has a more powerful electric motor developing 225 hp (168 kW / 228 PS) and 258 lb-ft (350 Nm) of torque. Customers can also get an optional dual-motor all-wheel drive system that produces a combined output of 320 hp (239 kW / 324 PS) and 446 lb-ft (605 Nm) of torque.

Buyers will also find a handful of additional features including heated front seats and a leather-wrapped steering wheel with pixel lights. They’re joined by a heat pump, a 120V charging cable, and fancier flush-mounted door handles.

Ioniq 6 SEL Starts At $45,250

The Ioniq 6 SEL begins at $45,250 and benefits from a $2,450 price cut. Powertrain options carryover from the SE but, thanks to larger 20-inch wheels, the range falls to 305 miles (491 km) with rear-wheel drive and 270 miles (435 km) with all-wheel drive.

Besides the bigger wheels, the SEL has an upgraded interior with H-Tex synthetic leather seats, a wireless smartphone charger, and an ambient lighting system. They’re joined by digital key technology, an auto-dimming rearview mirror with HomeLink, and upgraded driver assistance systems including Highway Drive Assist 2.

Range-Topping Limited Trim Begins At $50,150

The Ioniq 6 Limited now begins at $50,150 as its price has been slashed $2,450. It shares powertrain and ranges with the SEL, but comes equipped with gloss exterior accents, rain sensing wipers, a sunroof, and a vehicle-to-load capability.

The upgrades continue in the cabin with a heated steering wheel as well as heated and ventilated front seats with power adjustment on both sides. Other highlights include aluminum pedals, an eight-speaker Bose premium audio system, and fancier door sill plates. Rounding out the highlights are a Blind-Spot View Monitor, a Surround View Monitor, Remote Smart Parking Assist 2, and a Parking Collision Avoidance-Assist system.

While the prices appear to have been announced on September 19, they flew under the radar until Car & Driver spotted them. The magazine asked about the price cuts and was told they were due to “production efficiencies and scale.”