Hyundai Kona Electric

AFTER INCENTIVES

$28,590

MSRP

$37,390

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ESTIMATED INCENTIVES

$8,800

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Loan Payment

$673 / month

Down Payment

$4,113

10% of MSRP plus tax

ESTIMATED INCENTIVES

$8,800

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Lease Payment

$341 / month

FIRST LEASE PAYMENT

$4,454

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Incentives For Lease

$8,800

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TYPE

SUV

Minimum Seats

FUEL TYPE

BEV

ELECTRIC RANGE

258 miles

MILES PER 30 MIN OF FAST CHARGING

~ 89 miles

TIME TO CHARGE - LEVEL 2

~ 9 hr 10 min

BATTERY SIZE

64 kWh

CO2 EMISSIONS REDUCTION

9,759 lbs/yr

Trees Planted

203

Gasoline Saved

741 gal/yr

For more details including charts & calculations, please view this page on a desktop.

Compare the Hyundai Kona Electric to a similar gas vehicle, the Hyundai Kona AWD.

We selected the Hyundai Kona AWD based on its proximity to the Hyundai Kona Electric based on brand, size, and price.

Purchase Method

Miles Driven Per Year

20,000 miles

Years of Ownership/Lease

5 Years

Gasoline Price ($/gal)

$3.65

Assumptions

Sales Tax10.00%

Electricity Rate$0.107/kWh

Electricity rate is calculated as a blended rate based off an average household consumption of 700 kWh. To learn more, please click here.

Results have been updated as of 8/31/2021, 3:49:23 PM.

Cost to Fill Up Monthly

The Hyundai Kona Electric is $175 cheaper to fill up monthly

Vehicles	Electricity	Gasoline	Total
Hyundai Kona Electric	$50	$0	$50
Hyundai Kona AWD	$0	$225	$225

Cost of Ownership

The Hyundai Kona Electric is $7,885 cheaper to own over 5 Years

Description	Hyundai Kona Electric	Hyundai Kona AWD
Vehicle	$23,282	$18,877
Maintenance	$3,006	$5,514
Insurance	$8,914	$8,174
Electricity	$2,996	$0
Gasoline	$0	$13,519
Total	$38,198	$46,083

Cost to Breakdown

Compare the cumulative lifetime cost of the Hyundai Kona Electric to a Hyundai Kona AWD

	Hyundai Kona Electric	Hyundai Kona AWD
Year 0	$28,590	$22,000
Year 1	$35,312	$29,641
Year 2	$38,295	$35,082
Year 3	$41,279	$40,523
Year 4	$44,262	$45,965
Year 5	$38,198	$46,083

Note: Breakeven chart assumes the vehicles are purchased in cash.

For more details including charts & calculations, please view this page on a desktop.

Up to $8,800 in federal and state tax incentives are available
for the Hyundai Kona Electric, plus additional home charger incentives.

Tax Credit

$7,500

Federal Tax Credit

Tax credit for the purchase of a new plug-in electric drive motor vehicle. Credit amount depends on the car's battery capacity.

Tax Credit

Up to $1,000

Federal Alternative Fuel Infrastructure Tax Credit

Customers who purchase qualified residential fueling equipment before December 31, 2021, may receive a tax credit of up to $1,000.

Tax Exemption

Washington State EV Infrastructure Tax Exemption

Washington sales and use taxes do not apply to the labor and services for purchasing and installing EV infrastructure, including home charging stations.

Tax Exemption

$1,300

Washington State EV Tax Exemption

New passenger cars, light-duty trucks, and medium-duty passenger vehicles that are dedicated AFVs and under $45,000 are exempt from state motor vehicle sales and use taxes. For used vehicles, the price must be below $30,000. Conditions and limitations apply.