Despite headlines suggesting a slowdown in electric vehicle (EV) demand, interest in reasonably priced, high-performance models remains strong. Yet the market has seen its share of winners and losers, with some models seeing slower sales than expected.
Recent examples include the cancellation of the Kia EV6 GT and Hyundai Ioniq 6 (except for the Ioniq 6 N), reflecting a tepid market response compared with the more popular Ioniq 5. For buyers seeking value, however, this slowdown has created an unusual opportunity: some of the best EV deals currently available.
The Hyundai Ioniq 6, in particular, stands out as a standout bargain. Used models with relatively low mileage are widely available across the U.S., often priced in the high teens to low $20,000 range. These aren’t base trims either, making them highly competitive for cost-conscious buyers seeking performance and efficiency.
Built on Hyundai Motor Group’s versatile E-GMP platform, the Ioniq 6 shares its architecture with the Kia EV6, Hyundai Ioniq 5, Genesis GV60, and larger models such as the Kia EV9 and Hyundai Ioniq 9. While its sleek, aerodynamic sedan design has divided opinions, it delivers unmatched efficiency. The SE trim with single-motor, rear-wheel drive offers an EPA-rated 361 miles of range from its 77.4 kWh battery, ranking it just behind the Lucid Air for efficiency in the U.S. market.
With nearly 500 Ioniq 6 units listed nationwide, buyers can choose from a variety of trims, including single-motor RWD and dual-motor AWD configurations. It’s worth noting that AWD and larger wheels reduce range, with SEL AWD models rated at 270 miles. Standard-range variants with a 53 kWh battery offer just 240 miles of range and 149 horsepower, making them less appealing for most buyers.
The surplus of unsold 2023 and 2024 models has also contributed to the Ioniq 6’s affordability. Some dealerships are offering brand-new, three-year-old vehicles at discounted prices, sometimes below the cost of a new Ioniq 5 or gently used Ioniq 6, making the used market especially attractive.
While the Ioniq 6’s sedan shape and unconventional styling may not suit every buyer, its combination of price, range, and performance makes it a compelling choice for those willing to trade hatchback practicality for efficiency and value.
For buyers ready to take advantage of the current market, the Hyundai Ioniq 6 offers one of the most efficient, affordable EV options available today.
