One other automaker is making ready to lift car costs within the US. As quickly as subsequent week, Hyundai is predicted to hike costs throughout its total lineup.
Is Hyundai elevating car costs within the US?
Hyundai is coming off its seventh straight month with document gross sales within the US, led by its rising lineup of electrified automobiles.
In April, the corporate launched its Buyer Assurance program, locking in car costs till June 2, 2025. Hyundai promised that those that purchased or leased a brand new Hyundai car throughout the safety interval wouldn’t see costs enhance.
With the window closing subsequent week, Hyundai is predicted to lift car costs throughout its total lineup. Sources accustomed to the matter advised Bloomberg that Hyundai is contemplating a 1% worth hike on each mannequin.
The upper costs can be mirrored within the prompt retail worth and solely apply to newly constructed fashions. Autos already sitting at dealership heaps will likely be unaffected by the value hikes.
Hyundai can be anticipated to lift costs on non-compulsory options, corresponding to added roof rails and different imported components, to keep away from additional hikes on base fashions.
The transfer comes as a part of “our common annual pricing evaluation, guided by market dynamics and shopper demand, impartial of tariffs, Hyundai mentioned in an announcement.
Hyundai will “proceed to adapt to shifts in provide and demand, and laws, with a versatile pricing technique and focused incentive applications.”
What’s subsequent
Though no specifics have been talked about, the anticipated worth hikes will add “a number of hundred {dollars},” at the very least, on each Hyundai car.
Hyundai has not confirmed its intention to lift costs, and plans might nonetheless change. The sources mentioned talks are nonetheless ongoing.
If true, the Korean automaker will observe a number of others, together with Ford, which can be anticipated to lift car costs in response to Trump’s auto tariffs.
Though Hyundai might elevate costs, it is going to nonetheless possible be in a greater place than most. The corporate celebrated the grand opening of its huge new Hyundai Motor Group Metaplant America (HMGMA) manufacturing plant in Georgia earlier this 12 months, the place the upgraded IONIQ 5 and three-row IONIQ 9 are being made.
Hyundai’s electrical automobiles (EVs) are at the moment among the many most inexpensive in the marketplace. The 2025 IONIQ 5 now boasts a variety of as much as 318 miles, an NACS port to entry Tesla Superchargers, and a revamped type each inside and outside.
| 2025 Hyundai IONIQ 5 Trim | Driving Vary | Beginning Worth* |
| IONIQ 5 SE RWD Normal Vary | 245 miles | $42,500 |
| IONIQ 5 SE RWD | 318 miles | $46,550 |
| IONIQ 5 SEL RWD | 318 miles | $49,500 |
| IONIQ 5 Restricted RWD | 318 miles | $54,200 |
| IONIQ 5 SE Twin Motor AWD | 290 miles | $50,050 |
| IONIQ 5 SEL Twin Motor AWD | 290 miles | $53,000 |
| IONIQ 5 XRT Twin Motor AWD | 259 miles | $55,400 |
| IONIQ 5 Restricted Twin Motor AWD | 269 miles | $58,100 |
The Normal Vary mannequin begins at simply $42,500, with a 245-mile driving vary. The longer-range trim, with as much as 318 miles of vary, begins at $46,550. With the potential $7,500 federal tax credit score, costs might drop to beneath $36,500.
Hyundai’s three-row IONIQ 9 begins at $60,555 with a variety of as much as 335 miles. Just like the IONIQ 5, it additionally incorporates a native NACS port.
To sweeten the deal, Hyundai is providing a complimentary ChargePoint House Flex Degree 2 charger to those that buy or lease the 2025 IONIQ 5 or the 2026 IONIQ 9.
Able to make the most of the financial savings whereas they final? Hyundai is at the moment providing important reductions, with 2025 IONIQ 5 leases beginning as little as $209 per thirty days. Try our hyperlinks under to seek out 2025 Hyundai IONIQ 5 and 2026 IONIQ 9 fashions close to you.
