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Rivian Will Give You a Discount to Trade In a Gas Vehicle for a New R1 Model

The Truth About Cars

At around $70,000 to start, the brand’s R1T pickup and R1S SUV are out of reach for most buyers, even after the $3,750 federal tax credits for some models. Oh, and you’ll have to trade in a gas vehicle to get the price cut. Of course, discounts don’t usually come without terms attached, and Rivian is no exception.

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2024 Hyundai Ioniq 6 undercuts Tesla Model 3 by more than $9,000

Baua Electric

But for those purchasing rather than leasing, the rebate drops the Hyundai’s base price from $38,615 to $31,115. 2024 Hyundai Ioniq 6 On the other hand, the revised Model 3, internally called the Highland, arrives soon in the U.S. So it appears that the company wants to stay very competitive on price.

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Hyundai undercuts Tesla Model 3 by $9,300 with 2024 IONIQ 6 special cash offer

Baua Electric

With a new special cash offer, the 2024 Hyundai IONIQ 6 can be significantly cheaper to buy than the upgraded Tesla Model 3 Highand. That’s to buy, not for a lease like previous deals. It’s essentially like receiving the full EV tax credit with a new purchase. Hyundai is offering a $7,500 purchase incentive on the 2024 IONIQ 6.

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It’s a buyers’ market! Tesla Model 3 and Tesla Model Y dominate  rapidly growing used EV sales in Australia

EV Central

READ MORE: We buy a used Porsche Taycan! Bargain price, 1000km road trip and charging dramas READ MORE: Shock report! Changes to the FBT exemption have boosted demand for new EVs, including seeing owners of EVs moving to novated leasing to take advantage of the tax opportunities. Mercedes-Benz EQC 400.

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Hyundai Ioniq 6 deal, affordable Honda and Toyota EVs, Civic and Elantra hybrids: The Week in Reverse

Baua Electric

The 2024 Hyundai Elantra Hybrid gets a price hike—and more of a price bump versus non-hybrid Elantra models, although the Elantra Hybrid does now get the larger 10.3-inch Looking at the latest “Highland” Model 3, as priced last week, it undercuts the Tesla by $9,000. inch infotainment screen.

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Tesla Q1 2024 Earnings Call Transcript: April 23, 2024

Teslarati

To make it more accessible, we’ve reduced the subscription price to $99 month so it’s easy to try out, and as we’ve announced we’ll be showcasing our purpose-built Robotaxi or Cybercab in August. And how should we think about them in the context of like, the Model 3 Highland update?

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CalCars and PHEVs Frequently Asked Questions

Tony Karrer Delicious EVdriven

Despite this, a 2003 EPRI study , assuming only $2/gallon gas , zero buying incentives, and a PHEV premium of $3-$5,000 more than standard hybrids, shows that the total lifetime cost of ownership for a PHEV will be lower than that of any other vehicle type -- so the payback will be there. Better yet, make a tax-deductible contribution.

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